Asset Type
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Pennsylvania state senator Gene Yaw has proposed a bill that would create a development fund based on the $10 billion Texas Energy Fund (TEF) for dispatchable energy to support the state's grid.
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The Public Utilities Commission of Texas (PUCT) has selected 17 projects totalling $5.38 billion to advance to the next round of the review process for the Texas Energy Fund (TEF) grant program.
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The Bureau of Ocean Energy Management (BOEM) has finalised 2 floating offshore wind areas off Oregon and announced the date for its upcoming auction in October.
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Oneok has agreed to acquire Global Infrastructure Partners’ (GIP) interests in EnLink Midstream and Medallion Midstream for $5.9 billion.
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The Bureau of Ocean Energy Management (BOEM) is exploring offshore wind options off the coast of Hawaii and the US territory of Guam.
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Eneva has secured R$1 billion ($177 million) in financing for a gas-fired power plant the company is developing in Brazil.
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American Electric Power subsidiary Public Service Company of Oklahoma has an agreement with J-Power to acquire a 795MW combined-cycle power generation facility, PFR has learned.
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CPS Energy has signed storage capacity agreements with Eolian for 2 Texas battery storage projects totalling 350MW/1,400MWh.
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EDF Renewables North America has closed on the initial phase of the sale of 50% of its Desert Quartzite solar-plus-storage project in Riverside, California.
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Scala Data Centers has signed the Latin America's largest renewable energy supply agreement with Serena Energia.
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TCW Group has closed on the sale of its 19.64% stake in the Homer City Generation project to funds managed by distressed asset-focused investor Knighthead Capital Management, PFR has learned.
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Nu:ionic Technologies and HybriGenix Futures have signed a memorandum of understanding (MoU) to develop a clean power and hydrogen facility in Edmonton, Alberta.
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Invenergy and Lafayette Square-owned joint venture, Reactivate, has hired Corey Stein as executive vice president of finance.
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The Tennessee Valley Authority (TVA) board of directors has approved an additional $150 million to fund TVA’s small module nuclear reactor (SMR) initiative at its Clinch River site in Tennessee.
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Renewables developer Arevon Energy will look to start financing its Avocet Energy Storage Project in Q1 2025 after securing permitting and signing an interconnection agreement, PFR has learned.
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CleanCapital and Arena Renewables have partnered to develop a portfolio of community and C&I solar projects in grid-critical areas in Illinois, Maryland, and other parts of the US.
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Offshore wind port infrastructure developer Clean Energy Terminals (CET) has hired Sloane Perras as its chief legal officer.
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Georgia electricity cooperative Oglethorpe Power has closed on its acquisition of the Walton County Power Plant from Carlyle affiliate Mackinaw Power, PFR has learned.
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Israeli renewable-focused fund Windin Capital is set to close financing for a wind farm the company owns in Chile, PFR understands.
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Bernhard Capital Partners’ acquisition of Entergy's Louisiana gas systems has been approved by the Louisiana Public Service Commission.
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Vestas and Brazilian renewables developer Renobrax are planning to develop a wind project in the state of Rio Grande do Sul in Brazil.
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Boralex has closed a $95 million financing for the 52MW Témiscouata II wind farm in Quebec.
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Santiago-based renewables developer Biwo Renovables is adding another standalone battery energy storage system (BESS) project to its development pipeline in Chile.
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Competitive Power Ventures (CPV) Group will sell 33% of its affiliate CPV Renewable Power to real assets-focused investment management firm Harrison Street for $300 million, PFR understands.
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Madison Gas & Electric (MGE) is acquiring 176MW solar and battery energy storage system (BESS) capacity for an estimated $351 million, PFR has learned.
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Houston-based Alpha Omega Power, the utility-scale battery storage developer, owner, and operator, has hired Luke Shillington as chief development officer.
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Eversouce Energy’s Huntsbrook Offshore Wind (OSW) Hub project has been awarded a Department of Energy (DOE) grant of $89 million.
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Corio Generation has signed a memorandum of understanding with offshore construction business Estaleiros do Brasil (EBR) for the development of offshore wind generation in Brazil.
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esVolta has hired Justin Johns, formerly the chief financial officer of Shell's SouthCoast Wind Energy offshore wind joint venture, as senior vice president and CFO.
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California-based Natron Energy plans to develop a $1.4 billion utility-scale battery manufacturing plant in North Carolina.
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TC Energy Corporation and an Énergir subsidiary partner have completed the sale of the Portland Natural Gas Transmission System (PNGTS) to BlackRock and investment funds managed by Morgan Stanley Infrastructure Partners (MSIP).
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Renewable energy company Ormat Technologies has signed a pair of 7-year tolling agreements with Equilibrium Energy for its battery energy storage (BESS) facilities in Texas.
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Tucson Electric Power (TEP) is planning a 200MW battery energy storage system in southeast Tucson, Arizona.
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Renewable operator and developer Deriva Energy has hired John Clapp, the former chief financial officer of Scout Clean Energy, as its chief executive.
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Avangrid has executed its second short-term virtual power purchase agreement (VPPA) with Statkraft for a 35MW wind farm in Pennsylvania.
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Danish energy giant Ørsted reported $575 million in impairment losses during Q2 2024, partially caused by the construction of its 704MW Revolution Wind project and the cancellation of New Jersey Ocean Wind projects.
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Equinor and Dominion have been named the provisional winners of the Central Atlantic offshore wind lease area tender, totalling $93 million.
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Brazilian utility Cemig has closed the sale of its 45% stake in energy company Aliança Energia to mining company Vale.
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Enlight Renewable Energy subsidiary Clenera has closed its sale-leaseback agreement for the 300MW Atrisco battery energy project with the City of Rio Rancho, New Mexico, PFR has learned.
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North American energy development, investment and operating company LS Power has established an independent power producer named Lightning Power.
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Atlas Renewable Energy has closed a $289 million financing for the company’s BESS del Desierto project in Chile, marking the company's first financing for standalone batteries in Chile.
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The Bureau of Ocean Energy Management (BOEM) has finalised its environmental assessment of the lease areas in the upcoming Oregon floating offshore wind energy auction.
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Swiss fund manager SUSI Partners has made an investment into a portfolio of battery storage projects, expanding the firm’s partnership with Chilean developer BIWO Renovables.
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Spanish renewables developer Grenergy reached financial close in July 2024 for the first 2 phases of its Oasis de Atacama solar-plus-storage project in Chile, the largest storage project in the world according to the company.
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EmberClear Management has submitted loan applications for 1.8GW peaking plants to the Texas Energy Fund.
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Marubeni Power Corporation will sell its 25% stake in a 775MW Maryland gas-fired combined cycle plant to OPC Energy, PFR has learned.
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AES Indiana plans to invest $1.1 billion in repowering energy projects throughout the state by 2026, including replacing 2 coal-fired units at the Petersburg Generating Station.
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Argentine aluminum producer Aluar is expanding its wind farm with 336MW of additional capacity.
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Ørsted has partnered with renewable developer Mission Clean Energy to develop 4 standalone battery storage projects, totalling 1GW, across the midwestern US.
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Manulife Investment Management has invested $250 million into Hunt Energy Network to develop and operate dispatchable power resources in ERCOT.
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Leonid Capital Partners, a credit investment manager, has provided a $12 million revolving line of credit to nuclear waste-to-energy developer Zeno Power.
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Southeast PowerGen has closed on sale of its MPC Generating and Sandersville gas-fired sites to Gulf Pacific Power, PFR has learned.
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Ares Management is selling the St Joseph Energy Center a greenfield natural gas-fired combined-cycle power plant in New Carlisle, Indiana, PFR has learned.
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Argentine renewables developer Eoliasur is planning a $607 million battery energy storage system (BESS) in Chile.
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Bernhard Capital Partners (BCP) yesterday (5 August) agreed to acquire New Mexico Gas Company (NMGC) from Emera in a deal worth $1.25 billion.
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Aypa Power has closed a $323 million financing led by ING Capital for its 150MW/600MWh Kuna energy storage project outside of Boise, Idaho.
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J-Power is selling its stake in the Tenaska Virginia Generating Station, PFR has learned.
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The Department of Energy (DOE) is set to release $30 million in funding opportunities for clean energy projects that will support Native American tribal communities and universities by the end of August (2024).
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Carlyle has agreed to sell Cogentrix Energy, a US independent power producer, to Quantum Capital for around $3 billion.
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The Department of Energy (DOE) has chosen Hecate Energy to develop a 1GW solar farm on the site of the Manhattan Nuclear Project in Washington State.
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Great Bay Renewables (GBR) has closed its $30 million royalty investment in Nokomis Energy, a distributed generation developer in the Midwest.
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Hull Street Energy has agreed to acquire 4 New York thermal power plants from J-Power USA.
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Enlight Renewable Energy’s subsidiary Clenera Holdings has closed a $400 million financing facility for the energy storage portion of its New Mexico-based Atrisco Complex, a 364MW solar and 1.2GWh storage project.
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The PJM grid operator received dramatically higher prices in its 2025/2026 power market auction, indicating how decreased power supply is causing reliability concerns.
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Excelsior Energy Capital has signed a multiyear agreement to purchase 2.2GWh of US-manufactured battery cells from Fluence Energy.
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esVolta has secured $258 million in financing led by MUFG for its 980MWh BESS portfolio in Texas.
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Global Infrastructure Partners (GIP) portfolio company Eolian has closed a $390 million financing facility for a portfolio of renewable energy assets across the US.
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EDF Renewables North America is selling 50% of its Desert Quartzite solar-plus-storage project to Power Corporation of Canada subsidiary Power Sustainable, PFR has learned.
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The Nuclear Company, a utility-scale nuclear developer, has appointed Joe Klecha as chief nuclear officer.
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Paraguay’s National Electricity Administration (ANDE) has received bids from 11 interested parties to sell output on the free market in Brazil.
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The Bureau of Ocean Energy Management has released its final environmental impact (EIS) statement for US Wind’s proposed Maryland Offshore Wind Project.
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Hecate Energy Gulf Wind has made an unsolicited lease request with the Bureau of Ocean Energy Management for 2 offshore wind energy areas (WEAs) previously identified for the 2021 Gulf Coast tender.
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Casa dos Ventos, through its subsidiary Ventos de São Rafael Renováveis SA, has issued R$2.5 billion ($442m) in debentures in Brazil.
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Morgan Stanley Senior Funding has been identified as the lender of a $700 million loan to New Fortress Energy for its Mexico-based FLNG unit 2, PFR has learned.
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Great Bay Renewables has provided Nova Clean Energy with an additional $40 million loan to advance its 6.5GW of wind, solar, and battery projects across North America.
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Spanish oil company Repsol is in early conversations to acquire the remaining 60% of US renewables developer Hecate Energy.
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Clearway Energy Group has signed a 25-year power purchase agreement with Puget Sound Energy (PSE) for its 315MW Montana wind farm.
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New Fortress Energy has closed a $700 million loan for its FLNG unit 2 in Mexico.
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Ormat Technologies has executed a 15-year Resource Adequacy Purchase and Sale Agreement (RA Agreement) with the city of Riverside, California, to provide 80MW/320MWh of battery storage through it Shirk BESS project.
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Greenbacker Capital Management has executed a novel wind proxy hedge risk transfer for its Maine wind farm and raised additional debt for the project with MUFG.
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AEP subsidiaries Public Services of Oklahoma (PSO) and Southwestern Electric Power Company (SWEPCO) have jointly transferred 100% ownership of the $12 million Dover Substation to the Western Farmer’s Electric Cooperative (WFEC), PFR has learned.
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Blackstone-owned energy storage business Aypa Power has closed its $650 million pre-notice to proceed development facility.
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London Economics International is overseeing the sales process of 7 hydro plants sited throughout New York and New Hampshire for a northeast US-based renewables developer.
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Power transition and infrastructure-focused real assets investment firm, Elda River Capital Management, has joined battery storage developer Spearmint Energy’s $200 million credit facility.
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Renewables developer Sphera Energy is planning to develop a pair of standalone battery energy storage projects in Chile.
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Tenaska will sell its 229MW Berkshire Combined Cycle Power Plant in Massachusetts to investment firm Gate City Power (GCP), PFR has learned.
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Clearway Energy Group has closed on more than $700 million in construction financing for solar and standalone battery projects in California, PFR has learned.
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Generac Power Systems has been awarded a grant of up to $200 million from the US Department of Energy for residential solar and battery storage systems in Puerto Rico.
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Utility-scale energy storage developer GridStor has closed its acquisition of the Galveston, Texas-based Evelyn Battery Energy Storage project from Balanced Rock Power, PFR has learned.
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Macquarie Asset Management’s sale of the entire 940MW Lordstown Energy Center to ArcLight Capital has been held up by the Federal Energy Regulatory Commission (FERC).
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The US Department of Energy’s Loan Programs Office (LPO) has agreed to a loan guarantee of up to $861.3 million to finance solar and storage projects in Puerto Rico.
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Backed by several venture firms, The Nuclear Company, plans to build a fleet of nuclear plants throughout the US.
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Ørsted is looking to sell a portion of the 924MW Sunrise Wind project off New York, PFR has learned.
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The New York Energy Research and Development Authority has opened the state’s fifth offshore wind solicitation.
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Atiaia Renováveis is planning to issue R$215 million ($39m) in debentures for a hydroelectric project the company is developing in Brazil.
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New York City-based battery storage developer NineDot Energy has inked an additional $25 million revolving credit facility from NY Green Bank.
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Intersect Power has closed 2 project financings totalling $837 million for 3 standalone battery energy storage systems (BESS) in Texas.
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Peak Energy, a US-based energy storage company, has secured $55 million to launch production of its sodium-ion battery technology.
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LS Power has closed on its acquisition of its 810MW natural gas-fired power plant sited in Gettysburg, Pennsylvania from an affiliate of Platinum Equity, PFR has learned.
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Orizon has signed a sale and purchase agreement with Edge Comercialização for the supply of biomethane in Brazil.
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Italy-based Redelfi and Elio Energy Group, a North American utility-scale renewable developer, have launched a joint venture to develop 2.4GW of battery storage projects in the US.
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Copec and Transelec have signed an agreement to partner on the implementation of a battery energy storage system in Chile.
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The Superintendency for the Development of the Northeast (Sudene) has provided financing for 4 renewables projects in Brazil.
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EQT Corporation’s $5.45 billion all-stock acquisition of natural gas provider Equitrans Midstream faces legal opposition from numerous Equitrans shareholders, PFR has learned.
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For more than 7 months the government of Alberta paused the approval of new renewable energy projects causing a multi-gigawatt logjam with upwards of $25 billion of investment sat idle.
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Leeward Renewable Energy has closed a $1.25 billion construction warehouse facility to develop a 1GW portfolio of wind, solar and battery storage projects.
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Strata Clean Energy has inked a 20-year tolling agreement with Arizona Public Service (APS) for the Justice Energy Storage project in Phoenix, Arizona.
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The US Federal Trade Commission (FTC) is seeking more information before advancing ConocoPhillips’ $22.5 billion all-stock buy of Marathon Oil.
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NexEra Energy will sell 100% of the class B preferred interest in its clean power subsidiary Nitro Renewables to Blackstone.
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The California Energy Commission (CEC) has adopted a finalised plan for offshore wind development through 2045.
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Della Xu has joined battery energy storage system (BESS) developer, owner and operator GridStor as its senior manager of M&A.
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Atlantic Shores, Attentive Energy, and Community Offshore Wind are the 3 bidders in New Jersey’s fourth offshore wind solicitation.
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Blackstone Infrastructure Partners will buy a 30.2% stake in US-based power company Tallgrass Energy Partners from Spanish energy company Enagás for $1.1billion.
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Onyx Renewable Partners has upsized its 3-year revolving credit facility, led by Investec, to $100 million to support its portfolio of solar projects across the US.
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US-based White River Energy has formed a wholly owned spin-out in the United Arab Emirates' finance centre, Abu Dhabi Global Market (ADGM), named White River International (WRI), PFR has learned.
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State governments across the Northeast have signed a memorandum of understanding (MoU) to coordinate interregional transmission planning.
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Ørsted has closed on its 50% stake in the 924MW offshore Sunrise Wind project from co-developer Eversource Energy.
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Rockland Capital is to acquire the 54MW Ellwood natural gas power station in California from independent power producer GenOn, PFR has learned.
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Clearway Energy Group has closed a $261 million project financing by a consortium of banks to repower its 160MW Cedro Hill wind farm in Texas.
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Pennybacker Capital Management will acquire a small-scale Miami-based LNG business from New Fortress Energy.
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The Department of Energy has provided ENTEK Lithium Separators with a $1.2 billion conditional commitment loan for its EV battery factory in Terra Haute, Indiana.
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Holland Industrial Group will auction off the coal-fired units of the 700MW AB Power Plant in Evansville, Indiana ahead of the plant's conversion into a natural gas asset.
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Dominion Energy has purchased the Kitty Hawk North Wind offshore lease area from Avangrid for $160 million.
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Chile’s Ministry of National Assets has awarded public lands to 6 battery energy storage system projects totalling more than 11GWh of capacity.
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Ontario-based renewables developer Compass Greenfield Development has closed a CA$49.5 million ($36.29 million) non-recourse project financing for battery storage projects from Selkirk Advisory Group.
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Korean EV battery manufacturer SK On has signed a joint development agreement (JDA) with Sakuu, a Silicon Valley-based utility-scale battery provider.
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Ameresco is to build a battery energy storage system (BESS) with a 20-year guaranteed capacity of 25MW and 100MWh for the Snohomish County Public Utility District.
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Denver, Colorado-based Elevation Midstream has merged with Platte River Holdings, a subsidiary of ARB Midstream.
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The Department of Energy will offer up to $100 million to fund pilot-scale long-duration energy storage (LDES) projects using non-lithium technologies.
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Battery storage development company Lightshift Energy will transfer a 50% interest in a 3MW Massachusetts energy storage system to Greenbacker Capital Management (GCM), PFR has learned.
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Delaware will run a 1.2GW offshore wind solicitation after the state passed the highly-debated Energy Solutions Act of 2024.
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The Governor of Rhode Island, Daniel McKee, has signed an energy storage act into law, as the state aims to develop 600MW of utility-scale energy storage by 2033.
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Management firm Riverview Investment Holdings will buy 100% of the interest in subsidiary UGI Development Company from parent UGI Energy Services.
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Independent power project investor Tyr Energy has agreed to acquire Siemens Financial Services’ 20% in the natural gas-fired Hickory Run Energy power plant, PFR has learned.
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Pembina Gas Infrastructure, a joint subsidiary of KKR and Canada's Pembina Pipeline Corporation, will acquire a 50% interest in Whitecap’s 15-07 Kaybob Complex for $420 million.
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The Bureau of Ocean Energy Management (BOEM) has given Atlantic Shores Offshore Wind a Record of Decision (RoD) for its 2 projects totalling 2.8GW off the coast of New Jersey. This approval marks the ninth offshore wind farm approved by the Biden-Harris administration.
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ContourGlobal has completed the sale of a portfolio of wind projects in Brazil to alternative asset manager Patria Investimentos and Invenergy.
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Oglethorpe Power will acquire a 465MW peaking power plant in Georgia from global investment firm The Carlyle Group’s affiliate Mackinaw Power Holdings.
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Chilean power company Colbún has agreed to acquire Inversiones Latin America Power (ILAP) following ILAP’s restructuring process completed earlier this year.
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Gore Street Capital will transfer ownership of its 400MWh California-sited BESS site to Imperial Irrigation District (IID).
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The Bureau of Ocean Energy Management (BOEM) has announced the date of the first Central Atlantic offshore wind lease sale, which could total 6.3GW of generated capacity.
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California-based asset management firm TCW Group will divest its 19.64% ownership of Pennsylvania’s Homer City Generation to funds managed by distressed asset-focused investor Knighthead Capital Management, PFR has learned.
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Renewable developer Genneia raised $60 million in green bonds to support the development of renewable projects in Argentina.
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Salt River Project (SRP) has issued a request for proposals for long duration energy storage with a capacity of 5MW to 50MW and a duration of 10 hours in Arizona.
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Mitsubishi Heavy Industries and Export Development Canada are some of the latest investors in a $31 million Series A2 financing for energy storage company e-Zinc.
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Ørsted’s 924MW Sunrise Wind project was given its final approval by the Bureau of Ocean Energy Management (BOEM).
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Sumitomo Corporation of Americas has completed a tax equity investment in a portfolio of solar and battery storage projects owned by Pacifico Power.
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Neoenergia has signed a memorandum of understanding (MoU) with the government of Ceará to develop offshore wind generation.
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Belltown Power has put an 850MW battery energy storage (BESS) portfolio in Texas up for sale.
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British Columbia-based Cedar LNG, a partnership between Pembina Pipeline and the Haisla Nation, has reached final investment decision.
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Renewables developer Genneia is planning to issue green bonds for renewable projects in Argentina.
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Kimmeridge subsidiary Kimmeridge Texas Gas has closed on its follow-on control investment in Commonwealth LNG and hired David Lawler as chief executive to lead the venture.
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Cerberus Capital Management has invested $315.5 million in Eos Energy Enterprises, a manufacturer of zinc-based long duration energy storage systems.
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Jupiter Power's partnership with local power provider Consumers Energy is to acquire 100MW of battery energy storage in Coldwater, Michigan.
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Energy company Pampa Energía has signed a power purchase agreement with beverage company Coca-Cola Andina Argentina.
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Nuclear Fuels has appointed Gregory Huffman as chief executive officer, president and director, effective immediately.
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Canadian pipeline and energy company Enbridge has partnered with Six Nations Energy Development, an energy investment-focused consortium of 6 First Nations, to build a 200MW wind project in Weyburn, Saskatchewan.
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Philadelphia-based Doral Renewables has secured a $400 million minority equity investment from Netherlands pension APG, a subsidiary of ABP.
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A stalled bill to extend tax breaks for data centres in Michigan has been touted as the bellwether for a co-generation comeback.
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The New York State Energy Research Development Authority (NYSERDA) has launched its 8th annual request for proposals for onshore, large-scale renewable energy projects.
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Brazilian oil and gas giant Petrobras has signed a memorandum of understanding (MoU) with Rio de Janeiro for the development of offshore wind in the state.
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Catalyst Power is to buy New-York based electricity and natural gas supplier Robison Energy from V3 Commodities Group.
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Recurrent Energy has secured $513 million in project financing for its 1,200MWh Papago Storage project located in Maricopa County, Arizona.
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Hecate Grid, a joint venture between an InfraRed Capital Partners managed fund and Hecate Energy, has closed a 4-year $125 million Letter of Credit with MUFG.
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Pattern Energy has signed a 30-year PPA with Hydro-Québec for its 150MW Broughton Wind project, located in Québec.
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Biocarbon producer Aymium has closed a $50 million financing with Fortress Investment Group and Kilonova Capital.
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energyRe has submitted proposals to the New York Independent System Operator (NYISO) to develop transmission systems bringing offshore wind power to New York City.
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Centrais Elétricas de Santa Catarina (Celesc) has landed financing from Brazilian development bank BNDES.
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Abraxas Power has selected McDermott as its EPC contractor for the Exploits Valley Renewable Energy Corporation (EVREC) project in Newfoundland and Labrador, which will be Canada's first commercial green hydrogen project.
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Blackstone-owned energy storage business Aypa Power is set to close a $650 million pre-Notice to Proceed development facility, PFR has learned.
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American Electric Power (AEP) has begun seeking Federal Energy Regulatory Commission (FERC) approval on its $315 million sale of distributed energy business AEP OnSite Partners to funds managed by Basalt Infrastructure Partners (BIP).
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Renewables developer Casa dos Ventos has inked a long-term power purchase agreement for one of the company’s wind projects in Brazil.
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Plus Power has closed a $133 million financing led by First Citizens Bank and NordLB for its 150MW/300MWh Cranberry Point Energy Storage project in Massachusetts.
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NRG Energy has submitted 3 loan proposals to the Texas Energy Fund (TEF) for 1.6GW of natural gas-powered ERCOT projects.
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Japanese corporate Itochu has made the first investment from its North America renewables-focused fund Overland Capital Partners.
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EDP Renewables North America has secured the rights to sell energy, capacity and ancillary services from its Edgeware BESS battery storage facility in Ontario.
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EDF Renewables has issued debentures for the expansion of the Serra do Seridó wind complex in Brazil.
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Alliant's midwestern utility company Wisconsin Power & Light has completed its nearly $127 million sell-down of the West Riverside Energy Center, PFR has learned.
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Chilean developer Orion Power is planning to develop a standalone battery energy storage system (BESS) in the region of Atacama.
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DTE Energy is planning to convert a portion of its retired Trenton Channel coal power plant in Michigan to a 220MW/800MWh battery energy storage system.
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China’s State Power Investment Corporation (SPIC) is planning to develop a 105MW wind complex in the state of Rio Grande do Norte in Brazil.
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Redeux Energy Partners is to sell a 450MWdc solar portfolio to Pine Gate Renewables.
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Solaris Energy has appointed Nick Perugini as chief executive while current CEO, Alex Blackmer, will become president.
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Eletrobras has completed the sale of a portfolio of gas-fired power plants in Brazil to Âmbar Energia.
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As the Lone Star State begins to face the climbing summer temperatures, intense weather events, specifically Winter Storm Uri, remain at the top of Texans' minds.
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Entergy and NextEra Energy Resources have partnered to develop up to 4.5GW of solar and storage projects over the next 5 years.
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Lotus Infrastructure Partner has closed its acquisition of PNE USA, with the developer rebranded as Allium Renewable Energy.
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Entergy has submitted proposals for 2 natural gas power plants to the Public Utility Commission of Texas (TPUC) as the state pushes for new generation as energy demand intensifies.
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Engie is planning to issue up to R$2 billion ($381m) in debentures to finance a wind complex the company is developing in Brazil.
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Biocarbon producer Aymium has closed a $210 million financing from Copenhagen Infrastructure Partners and ECP ForeStar for its Williams production facility at a former California coal plant.
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The Bureau of Ocean Energy Management (BOEM) has approved an Environmental Assessment (EA) for potential offshore wind development off the Delaware, Maryland, and Virginia coasts.
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Louisiana power company Cleco Corporate Holdings has closed on the $600 million sale of its unregulated electric utility business, Cleco Cajun, to private equity firm Atlas Holdings, PFR has learned.
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Sindicato Energético (Sinersa) has completed the acquisition of a hydroelectric asset from Glencore-owned mining company Volcan in Peru.
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Brookfield Infrastructure Partners is selling its Canadian gas gathering and processing business, NorthRiver Midstream, to unlisted infrastructure business Kiara Infrastructure Private Limited, PFR has learned.
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Black Mountain Energy Storage has put up a late stage 1070MW/2140MWh battery energy storage system (BESS) portfolio up for sale.
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Babcock & Wilcox (B&W) has signed an agreement with NorthStar Clean Energy to convert a former coal-fired power plant to a bioenergy with carbon capture and storage facility.
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The $10 billion Texas Energy Fund (TEF) opened its loan program on 1 June with more than 65 applicants submitting proposals totalling 48GW.
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Midstream natural gas company Kinetik has closed on the sale of a 16% equity interest in the Gulf Coast Express pipeline (GCX) to an ArcLight Capital Partners affiliate.
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Avangrid has signed a power purchase agreement (PPA) with CPS Energy for 161MW of the Peñascal I wind farm in Kenedy County, Texas.
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Miami-based Atlas Renewable Energy is planning to develop a 304MW wind project in Chile.
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Equinor and Ørsted have secured final purchase and sale agreements (PSAs) with the New York State Energy Research and Development Authority (NYSERDA) for 2 offshore wind projects, totalling 1.734GW.
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Leeward Renewable Energy (LRE) has signed a 15-year resource adequacy agreement with Pacific Gas & Electric Company for its 112.5MW Sierra Pinta Energy Storage Project in Arizona.
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Canadian power provider Hydro One has hired Harry Taylor as executive vice president and chief financial and regulatory officer, effective 10 June (2024).
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Canadian pipeline and energy company Enbridge has closed on its acquisition of Dominion Energy’s Questar Gas and Wexpro assets for around $4.3 billion.
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SIBA Energy Corporation has landed long-term financing for a combined-cycle gas fired power plant in the Dominican Republic.
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Hydro-Québec has revealed plans to add 10GW of wind generation over the next decade, including several First Nations-owned 1GW-sized projects.
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BlackRock has closed its $500 million preferred equity investment in Canadian Solar subsidiary, Recurrent Energy, which represents a 20% stake in the solar and energy storage developer.
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Chilean utility Colbún is planning a $1.4 billion energy storage asset in the region of Antofagasta.
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The Minnesota Public Utilities Commission (MPUC) has approved Otter Tail Power's long-term electric generation and investment plan after the utility agreed to exit the Coyote Station coal plant by 2031.
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Brazilian utility Copel and Petrobras have concluded the sale of the Araucária gas-fired power plant they co-owned in Brazil.
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DLL, the Rabobank-owned asset finance company for equipment and technology, has partnered with Sunstone Credit to provide a loan platform for solar and battery storage assets.
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The New Mexico Public Regulation Commission (NMPRC) has approved PNM Resource's application to integrate 410MW of new solar and energy storage by 2026.
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Vistra will add 2GW of dispatchable, natural gas-fuelled power capacity throughout west, central, and north Texas.
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Duke Energy has signed memoranda of understanding (MoUs) with Amazon, Google, Microsoft and Nucor to develop power contract terms with electric utilities in North Carolina and South Carolina, with the goal of lowering the cost of building new nuclear technologies and batteries.
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Oil and gas company Petroquímica Comodoro Rivadavia (PCR) has signed a power purchase agreement (PPA) with BBVA in Argentina.
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Distributed solar and battery development growth platform Apricus Generation has agreed to acquire a controlling interest in Toronto-based Nexus Renewables.
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US energy storage solutions provider Torus has been contracted to provide Gardner Group with nearly 26MWh of energy storage capacity across part of the group’s commercial real estate assets.
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Danish energy giant Ørsted has agreed to pay New Jersey and its Board of Public Utilities (NJBPU) $125 million to settle claims made against its decision to cancel offshore wind projects Ocean Wind 1 and 2 in late 2023.
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Homecoming Capital has invested $50 million in Clean Energy Terminals (CET) which is developing offshore wind port infrastructure projects on the east and west coasts in the US.
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ArcLight Capital Partners and battery storage developer Elevate Renewables are set to develop a 15MW/60MWh distributed generation-sized battery storage project in Staten Island, New York.
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Quidnet Energy has formed a 300MW Texas energy storage project partnership with Hunt Energy Network (HEN).
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The Bureau of Ocean Energy Management (BOEM) has released the Final Environmental Assessment for the floating offshore wind research project in the Gulf of Maine.
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Madrid-based Fotowatio Renewable Ventures (FRV) is planning to develop a standalone battery energy storage system (BESS) project in Chile.
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The California Independent Systems Operator (CAISO) has approved 2 major transmission initiatives for the state: 26 projects to help support the state's offshore wind capacity and Pattern Energy's SunZia Project tie-in to the state's grid.
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The Bureau of Ocean Energy Management (BOEM) has released the final Environmental Impact Statement (EIS) for Atlantic Shores Offshore Wind Project 1 and 2 in New Jersey.
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Argentine power generator Grupo Albanesi, through its subsidiaries Generación Mediterránea and Central Térmica Roca, is planning to issue bonds in the local market.
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Private equity firm Cresta Fund Management has made a controlling investment in Ocean Pacific, a company that develops compressed natural gas (CNG) and alternative fuel stations.
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Microsoft has signed a 15-year power purchase agreement with RWE to offtake power from 2 onshore wind farms in Texas with a 446MW total capacity.
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Renewables development and repowering company PivotGen has named former GE executive Dennis Ford as its senior vice president (VP) of operations.
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Conduit Power and Riley Exploration Permian are expanding their joint venture, RPC Power, to develop power generation and storage assets for ERCOT, the Texas grid operator.
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Energy storage company Peak Energy will see its co-founder Liam O'Connor take on the chief operating officer (COO) role.
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Green data centre developer Soluna Holdings has signed a power purchase agreement (PPA) with EDF Renewables and Masdar for its 166MW Project Kati in Texas.
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QCells' residential solar financing platform EnFin has completed its first asset-backed securities (ABS) transaction totaling $252.86 million.
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Innergex Renewable Energy has started commercial operations of its San Andrés battery energy storage project in Chile.
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Advantage Capital has hired Steven Lichtin as chief executive and managing director of Advantage Capital Renewables.
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Soluna Holdings, a green data centre developer, has closed a $30 million financing from Spring Lane Capital (SLC) for its 50MW Project Dorothy 2, which is co-located with a 150MW wind farm, in Texas.
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Rockland Capital is to acquire electric power generation and distribution company Lanyard Power from Olympus Power, PFR has learned.
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Hydro-Québec has signed a power purchase agreement (PPA) for the full capacity of electricity generated by the 300MW Peshu Napeu wind project.
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Equinor can now begin construction of the 810MW Empire Wind 1 project in the New York Bight region, after receiving final approval from the New York State Public Service Commission.
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Global renewables business RWE Clean Energy has acquired a 599MW portfolio from Galehead Development.
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Verde Resources and western Australia-headquartered Green Carbon Industries (GCI) have terminated their memorandum of understanding (MoU) to develop US-based biomass facilities, PFR has learned.
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Origis Energy has secured a $300 million corporate financing facility from KKR to support solar and storage development.
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Battery storage provider Powin has hired Kirk Fleischhauer as its chief operating officer.
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The US has raised tariffs on a host of imported goods from China, including solar panels, batteries and EVs.
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Clenera has entered into a sale-leaseback agreement for its 300MW Aristco battery energy project with the City of Rio Rancho, New Mexico, PFR has learned.
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Engie has requested permission to cease operations of its remaining coal-fired power plants in Chile.
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Nuclear fission company Oklo has signed a memorandum of understanding (MoU) with Atomic Alchemy to produce isotopes, necessary for creating and recycling fast reactors.
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The New York State Energy Research and Development Authority (NYSERDA) in April cancelled contracts for 4GW of offshore wind projects after GE Vernova "caused material changes" by scrapping its turbine design for the projects.
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Brazilian utility Copel is planning to divest from a portfolio of small generation assets the company owns through its subsidiary Copel Geração e Transmissão.
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Oklahoma-based midstream natural gas company ONEOK will acquire 450 miles of natural gas liquids (NGL) pipeline from Houston, Texas midstream business Easton Energy.
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Ontario Independent Electricity System Operator (IESO) has awarded offtake contracts to 13 battery storage, natural gas, and biogas projects, totalling 2.19GW — the capacity needed to power Toronto.
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Midstream natural gas company Kinetik will sell its 16% equity interest in the Gulf Coast Express pipeline (GCX) to an ArcLight Capital Partners affiliate for $540 million in cash.
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Bitcoin mining company Genesis Digital Assets has signed a power purchase agreement with YPF Luz in Argentina.
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Investment and asset management firm Exus Management Partners has hired former Crédit Agricole CIB director as head of project finance for North America.
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Hydropower redeveloper Relevate Power has added 2 executives to its leadership team with Ian Finlay joining as CFO and Antonio Zarrella as VP of engineering and operations.
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AltC, a special purpose acquisition company (SPAC) run by former OpenAI CEO Sam Altman, has purchased and combined with nuclear technology company Oklo for $306 million.
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Carey International Group (CIG) has hired Christopher Kane as its chief investment officer as the company grows its US renewables and real estate portfolio.
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Atlantic Shores and Dominion Energy are facing lawsuits from several non-profit organizations, which claim the companies' offshore wind projects violate environmental protection laws.
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Former Ørsted executives have merged their independent development companies, Cold Water Renewables and Greenbelt Renewable Energy, to create a utility-scale wind, solar, and storage company.
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Renewable developers EDF Renewables Development, Naturgy, Candela, and Longroad Energy are seeking regulatory approval for more than 3GW of solar in Nevada’s Esmeralda County.
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Atlas Energy Solutions has appointed Blake McCarthy as its chief financial officer, effective 13 May 2024, PFR has learned.
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Eaton has partnered with Endurant Energy to develop 10 battery storage projects in New York City, totalling 150MWh and an estimated $7 million investment.
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Telecom Argentina has signed 2 power purchase agreements (PPA) to supply its operations and Pacheco datacenter with renewable power.
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Renewables developer Auren Energia has raised R$400 million ($79m) to refinance assets in Brazil.
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CPS Energy has signed a long-term power purchase agreement (PPA) with Constellation for 200MW of capacity beginning summer 2024.
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Santiago-based renewable developer Biwo Renovables is adding a duo of standalone battery energy storage system (BESS) projects to its development pipeline in Chile.
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Brookfield portfolio company Scout Clean Energy has closed a $100 million equipment supply loan with Rabobank for its pipeline 2.2GW of late stage of wind, solar, and energy storage projects.
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Motor fuel giant Sunoco has closed on its $7.3 billion all-equity acquisition of independent pipeline operator NuStar.
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Renewables operator ERG has closed on its acquisition of a 75% stake in a 317MW solar and wind portfolio with Apex Clean Energy.
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Lightshift Energy is set to build up to 50MW of battery storage projects for the Massachusetts Municipal Wholesale Electric Company (MMWEC) grid in a first-of-its-kind program.
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Brazilian developer 2W Ecobank has reached financial close on phase 2 of its Kairos wind project located in the state of Ceará.
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Alberta, Canada-based Capital Power has cancelled its $2.4 billion Genesee carbon capture and storage (CCS) project after determining the project was not financially viable.
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AES Brasil has raised R$900 million ($176m) in debentures for projects belonging to the company’s Cajuína wind complex.
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The Bureau of Land Management has opened bidding on 5 lease sales for oil and gas-ready land across the US.
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The Bureau of Ocean Energy Management (BOEM) has released 2 proposed sales for 18GW of offshore wind energy areas off the coast of Oregon and the Gulf of Maine.
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Norwegian power company Statkraft will invest R$926 million ($178m) to transform 2 wind projects into hybrid complexes.
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Plus Power has closed a $82 million tax equity investment with Morgan Stanley for its 90MW/360MWh Superstition Energy Storage project in Arizona.
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Former Fengate Asset Management director Vince Castranovo has been hired by Calpine as vice president, corporate development.
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Colorado-based Humble Midstream II Partners has hired Brian Newmarch and John Shefchik as CFO and VP, engineering and construction, respectively.
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Houston-based independent power producer WattBridge Energy has hired Steven Sneed as commercial director.
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The New Jersey Board of Utilities (NJBPU) has opened the application process for its fourth offshore wind solicitation, targeting up to 4GW.
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The New York State Energy Research Development Authority (NYSERDA) has awarded conditional agreements to utility-scale onshore renewables projects totalling 2.4GW.
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The Nordex Group and has appointed Manav Sharma as chief executive, North America to lead the wind turbine maker’s expansion in the US.
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Petrobras has signed a memorandum of understanding (MoU) with the government of the state of Rio Grande do Norte in Brazil for offshore wind generation.
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Ocean Power Technologies’ corporate controller, treasurer, and principal accounting officer, Joseph DiPietro, has left the company, PFR has learned.
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Construction and development firm Skanska has been awarded an $861 million contract to develop an offshore wind port at the South Brooklyn Marine Terminal (SBMT).
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Pine Gate Renewables has closed a $650 million investment round led by Generate Capital, the Healthcare of Ontario Pension Plan (HOOPP), and HESTA.
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The Governor's Energy Office of Maine has released a request for information (RFI) regarding the state's first utility-scale offshore wind auction, totalling 3GW.
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YPF Energía Eléctrica (YPF Luz) is planning to develop the company’s fifth wind project in Argentina.
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Evergy has closed on the acquisition of a 22.2% stake in the 655MW natural gas-fired Dogwood Energy facility.
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Axium Infrastructure’s Coachella subsidiary will sell its 49% interest in Morongo Transmission to the Morongo Band of Mission Indians.
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Santiago-based Plus Energia SpA is planning to develop a $350 million battery energy storage system project in Chile.
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Agilitas Energy has closed $100 million in debt financing from Nomura to grow its 250MW portfolio of solar and energy projects in the northeast US.
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The Bureau of Ocean Energy Management (BOEM) has issued a 5-year offshore wind leasing schedule that will see 12 offshore wind energy lease sales through 2028.
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Central Coast Community Energy (3CE), a California community choice aggregator, has issued a request for proposals (RFP) for clean energy and storage power purchase agreements (PPAs).
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Greenbacker Renewable Energy Company has closed its sale-leaseback deal with Huntington National Bank, securing $437 million to finance the repowering of a 3 asset wind portfolio.
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The New York State Energy Research and Development Authority (NYSERDA) plans to deploy $500 million in investment commitments to establish an offshore wind supply chain in New York State.
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The Department of Energy (DOE) has awarded $1.93 billion in qualifying advanced energy project tax credit allocations – known as 48C tax credits – to 35 projects focused on renewable manufacturing and greenhouse gas emission reduction.
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Southwest Gas has closed on its near $300 million initial public offering (IPO) of subsidiary Centuri Holdings.
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Brazilian conglomerate Brasal is issuing R$170 million ($33 million) in debentures for a hydroelectric project in Brazil.
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US-based firm Bernhard has entered a 30-year energy-as-a-service (EaaS) partnership with Hackensack Meridian Health (HMH), resulting in a $134 million solar energy and battery storage system.
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The Government of São Paulo has sold its shares in Empresa Metropolitana de Águas e Energia (Emae) placing the power company in private ownership.
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Clearway Energy Group has closed a $174 million project financing and finalised a power purchase agreement (PPA) for its Dan's Mountain wind farm in Western Maryland.
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The New York State Energy Research and Development Authority (NYSERDA) has closed its 2022 solicitation tender with no final awards given after GE Vernova "caused material changes" by changing its turbine design for the projects.
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New England states have jointly-submitted applications to compete in the second round of the Department of Energy (DOE)’s Grid Innovation Program (GIP) which has $1.82 billion to award.
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Minority stake sales in renewables platforms are becoming more common as sellers look to “recycle capital’, according to Ammad Faisal, senior managing director, Marathon Capital.
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An Arizona federal judge has rejected a request by Native American tribes and environmental groups to halt the construction of Pattern Energy's SunZia project.
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Asset management firm Connor, Clark & Lunn Infrastructure (CC&L) has closed on the acquisition of an 80% stake in the Sharp Hills wind farm from EDP Renewables Canada (EDPR Canada).
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Engie North America has inked an agreement to develop 12 renewable projects totalling 15GWh to power the facilities of technology and science company RTX.
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HASI has amended and extended its corporate unsecured credit facility with 14 banks to $1.65 billion, including a revolving line of credit, term loan A, and Green Commercial Paper Note Program (CarbonCount Green CP).
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Colorado-based renewables company Scout Clean Energy has signed a 12-year virtual power purchase agreement (VPPA) with Zoetis for a 50MW portion of its Heart of Texas wind farm.
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Infinigen Renewables is partnering with FlexGen on a battery storage project in the Yabucoa municipality in Puerto Rico.
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The technology venture arm of US-based oil & gas producer Chevron has launched a third fund with $500 million in capital.
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Arevon Energy has inked a long-term tolling agreement with electricity provider MCE for its 250MW Cormorant Energy Storage Project in Daly City, California.
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Battery storage developer Spearmint Energy has hired four senior executives to its project finance, capital markets, regulatory affairs, and commercial operations teams.
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PPL Corporation's CEO told the room of power executives at S&P's Global Power Market Conference 2024 that more natural gas power is needed despite a focus on renewables.
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Brazilian power generator Eneva will issue R$2.5 billion ($475 million) in debentures to refinance assets.
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Origis Energy has closed a $136 million construction financing facility and a conversion-to-term loan from MUFG for its 75MW Rice Creek Solar project in Florida.
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Lightshift Energy, a utility-scale energy storage developer, has hired Robert Greskowiak as chief commercial officer.
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Nova Clean Energy has acquired HyFuels, a 1GW mid-to-late-stage wind and solar development that also contains an early-stage green ammonia project on the Texas Gulf coast.
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SolaREIT has closed $13 million in real estate financings for several NineDot Energy battery energy storage (BESS) projects in New York City.
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NextEra Energy has entered into an offtake agreement with wholesale power provider Guzman Energy and local electric cooperative Holy Cross Energy (HCE) for 100% of the capacity of its 200MW Bronco Plains II wind project in Colorado.
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Santiago-based renewable developer Biwo Renovables is adding another standalone battery energy storage system (BESS) project to its development pipeline in Chile.
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Arevon Energy has appointed the former co-president of Starwood Infrastructure Finance as its chief investment officer, based in New York.
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Copenhagen Infrastructure Partners (CIP) has acquired Liberty Renewables and its 1.3GW pipeline of onshore wind projects in New York State.
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Vinci Group has acquired a minority stake in NatPower SA, a renewable energy developer which operates in Italy, the UK, and the US, in a deal valued at €50 million ($53m).
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Engie Chile, a subsidiary of the French electric utility Engie, will install a standalone battery energy storage system (BESS) to replace the disconnected coal-fired and fuel oil-based units at the Tocopilla thermal power plant complex (CTT) in Antofagasta.
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Consumers Energy – Michigan’s largest power provider – has entered an agreement to provide electricity to 44 Walmart stores in the State.
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California Independent System Operator (CAISO) has announced that 2 of the offshore wind-related transmission processes will be part of a May 2024 competitive transmission procurement.
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The US offshore wind sector continues to gain momentum with the latest round of regulatory approvals as financiers begin to prep the paperwork to fund these mega projects.
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Peru’s Ministry of Energy and Mines (MINEM) is readying 26 renewable energy projects to be built in the coming years.
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Denmark's Investment Fund for Developing Countries (IFU) is providing an additional €7 million ($7.6m) to the 94MW Ouro Branco and Quatro Ventos wind complex in Brazil, due to an expansion of the project and unexpected delays.
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Engie has signed a virtual power purchase agreement (VPPA) with Sonoco, a sustainable packaging company, for 140MW of its 270MW Big Sampson Wind Project, which is under construction in Texas.
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Renewable energy infrastructure fund manager Excelsior Energy Capital has launched Lydian Energy, an independent power producer (IPP) specialising in the development, construction, and operation of utility-scale solar and battery energy storage projects in North America.
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Nuclear technology company Oklo has signed a long-term power purchase agreement (PPA) for a 50MW project with major oil producer Diamondback Energy.
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Enbridge subsidiaries Enbridge Energy Partners and Spectra Energy Partners have closed on their offering of $3.5 billion in senior notes, PFR has learned.
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Chesapeake Energy’s $7.4 billion merger with Southwestern Energy has been delayed following a request from the Federal Trade Commission (FTC).
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Utility-scale energy storage developer esVolta has secured a $185 million senior secured credit facility from a consortium of banks led by Nomura Securities International.
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Entergy New Orleans is issuing $150 million in first mortgage bonds with the Bank of New York Mellon, PFR has learned.
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Alternus Clean Energy, a utility-scale independent power producer, has entered a joint venture partnership with Acadia Energy to develop 200MW of microgrid projects in New York State.
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Grid-scale battery company Energy Vault has selected Michael Beer as its chief financial officer.
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Spanish infrastructure builder and operator Elecnor won approval to build a 284MW wind farm and associated infrastructure in the Chilean region of Los Lagos.
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Granite Shore Power has announced the retirement of its 439MW Merrimack coal plant in 2028, marking the end of the last operating coal plant in New England.
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Independent natural gas and oil company HighPeak Energy will up its existing $75 million credit agreement to $100 million, PFR has learned.
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Canadian Solar subsidiary Recurrent Energy has secured a €110 million ($120m) multi-currency facility from a consortium of banks led by Investec to support its solar and storage project pipeline in Canada, the US, and abroad.
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Rockland Power will up its stake in the 237MW Eagle Point Power Generation plant by 13%, PFR has learned.
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The Bureau of Ocean Energy Management (BOEM) has given a Record of Decision (ROD) to Avangrid for its New England Wind lease area, the penultimate permit approval needed to construct its 2.6GW offshore wind projects.
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EDF Renewables Brasil and Serena Geração have completed the share swap of their stakes in the Pirapora Solar Complex and the Ventos da Bahia wind farm.
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Natural gas utility Atmos Energy has entered into 2 revolving credit facilities totaling $3 billion, PFR has learned.
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Mitsubishi Power Americas-owned battery business Prevalon Energy has agreed to develop a 328MWh battery energy storage system (BESS) signed to a long-term service agreement with Idaho Power.
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Solar and storage developer MN8 has closed a private placement at $325 million from Mercuria Energy Group and Ridgewood Infrastructure to grow its US pipeline of solar, storage, and electric vehicle (EV) charging projects.
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Enbridge has closed on the sale of its 50% stake in the Alliance Pipeline and its 42.7% stake in Aux Sable to Pembina Pipeline.
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Natural gas giant CPS Energy will acquire Talen Energy Corporation’s approximately 1,710MW generation portfolio, including natural gas plants in Corpus Christi and Laredo, Texas.
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Utility-scale battery storage developer Lightshift has received $100 million in investments from 2 of Greenbacker Capital Management's sustainability and infrastructure-focused investment vehicles.
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Brazilian utility Cemig is selling its 45% share in power generation company Aliança Energia to mining company Vale, making Vale the sole owner of Aliança.
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Brazilian developer 2W Ecobank has secured long-term financing for the second phase of its Kairós wind complex located in the state of Ceará.
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Shell North America has sold its 50% stake in the 2.4GW proposed SouthCoast Wind project with its joint venture partner Ocean Winds North America.
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Ørsted, Avangrid, and Vineyard Offshore among bidders of the 6GW to Massachusetts, Connecticut, and Rhode Island for the states' combined New England auction.
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The Department of Energy's (DOE) Loan Programs Office (LPO) has awarded energy equipment supplier Holtec $1.52 billion to restore its 800MW Palisades nuclear-generating station in Michigan.
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Neoenergia has signed a memorandum of understanding (MoU) with the government of Rio de Janeiro to support the development of offshore wind projects.
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Southeast PowerGen will sell both its 386MW MPC Generating Power Plant and its 692MW Sandersville gas-fired sites to Gulf Pacific Power, PFR has learned.
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The Bureau of Ocean Energy Management (BOEM) has approved Ørsted's 924MW Sunrise Wind project off the coast of New York, making it the seventh utility-scale offshore wind project approved under the Biden-Harris administration.
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Natixis Corporate & Investment Banking has closed a $900 million letter of credit with Invenergy to fund its project development pipeline of utility-scale wind and solar projects, as well as battery storage systems.
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EDP Renewables North America (EDPR NA) and superstore megachain Walmart have inked a 15-year power purchase agreement (PPA) for part of a 180MW solar project in Texas.
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Elawan Energy landed financing from the Northeast Development Fund (FDNE) for a wind project the company is developing in Brazil.
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Clean power developer Leeward Renewable Energy (LRE) has appointed Nate Graham as chief technology officer.
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Spanish developer Grenergy has completed the sale of wind assets in Peru to Engie Energía Perú.
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The Department of Energy (DOE) has awarded $475 million in funding for 5 projects that feature renewable development on former mining lands. The projects are located across Arizona, Kentucky, Nevada, Pennsylvania, and West Virginia.
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Invenergy has closed $1.27 billion in construction financing with Natixis Corporate & Investment Banking (CIB) on 4 renewables projects in Kansas and Texas, totalling 677MW.
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Ørsted continues leadership changes after suffering significant impairments in 2023 from US offshore wind projects with the hire of Rasmus Errboe as deputy chief executive officer and chief commercial officer.
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InfraRed Capital Partners has closed its purchase of shares in 2 utility-scale onshore renewables projects from Shell's US subsidiaries, Shell Windenergy and Savion, for $166 million.
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Atlas Renewable Energy signs a power purchase agreement (PPA) for a battery energy storage system (BESS) the company operates in Chile.
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Cheniere Energy has closed the sale of a $1.5 billion aggregate principal senior notes offering, PFR has learned.
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Chilean developer Viento Verde is planning to expand an existing wind project that was approved in 2015.
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The Bureau of Ocean Energy Management (BOEM) has proposed a second offshore wind lease sale for the Gulf of Mexico. The sale includes 4 sites off Louisiana and Texas which have the potential to power up to 1.2 million homes.
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New Fortress Energy (NFE) has completed the acquisition and transfer of a 1.6GW capacity reserve contract from Ceiba Energy, a company of Denham Capital.
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Santiago-based renewable developer Biwo Renovables is planning a standalone battery energy storage system (BESS) project in Chile.
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UAE state-owned developer Masdar is set to acquire a 50% stake in US-based independent renewable energy power producer Terra-Gen Power from Energy Capital Partners (ECP).
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Renewables developer Arevon Energy has entered into a 15-year energy storage service agreement with local utility San Diego Community Power (SDPC) for its Avocet Energy Storage Project.
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Fiera Infrastructure Private Debt has joined Nomura Securities in a $200 million financing for Spanish developer Greenalia's 3GW wind and solar project pipeline in the US.
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Babcock & Wilcox's (B&W) thermal subsidiary has signed a $246 million agreement to complete a 1GW coal-to-natural gas conversion project.
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New Fortress Energy has sold a pair of emergency gas-fired power plants the company built last year on behalf of US Army Corps of Engineers.
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Partners Group subsidiary Exus North America has closed on its acquisition of onshore wind projects from Dutch commodity trader Vitol and Oppidum Green Energy.
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King & Spalding has hired an energy-focused tax partner for its New York-based corporate practice group.
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The Bureau of Ocean Energy Management (BOEM) has finalised a Wind Energy Area (WEA) in the Gulf of Maine, which has a potential 32GW capacity.
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French energy company Engie has received the approval to move ahead and start construction of its Pemuco wind project in Chile.
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Power producer SCC Power has completed the expansion and conversion to combined cycle of the San Pedro power plant in Buenos Aires province.
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Sempra Infrastructure has reached a final investment decision (FID) for the $550 million Cimarron wind project the company is developing in Baja California, Mexico.
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Ørsted's 132MW South Fork Wind is the first utility-scale offshore wind project to become fully operational in the US. The achievement comes after nearly a decade of industry struggles since the first large-scale transmission farm, Cape Wind, failed in 2015.
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Reformed Energy is to receive a strategic investment from Riot Platforms to fully commercialise its waste-to-energy technology.
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Spanish renewable developer Solarpack has appointed José Luis García Pérez as chief executive for Latin America, based in Santiago, Chile.
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Nuclear power plant operator Constellation Energy has offered $900 million in green senior notes due 15 March, 2054, PFR has learned.
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Enel Americas and Enel Perú have landed approval for the $1.4 billion sale of their Peruvian generation assets to Actis-owned Niagara Energy.
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Danish developer Ørsted has agreed to sell its stakes in a 957MW operating wind portfolio in the US to Stonepeak for about $300 million.
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Longroad Energy has closed a debt facility with a consortium of banks led by CIBC and a tax equity loan from Athene Annuity and Life Insurance Company for its 444MW/855MWh Serrano solar project in Arizona. PFR understands the value of the financing to be $650 million.
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Microgrid and microturbine manufacturer Capstone Green Energy Holdings has hired Vince Canino as its president and chief executive.
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Renewable real estate investment fund SolaREIT has hired 3 senior vice presidents to its corporate and business development teams amid company expansion.
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EQT Corporation will acquire natural gas provider Equitrans Midstream Corporation in an all-stock transaction valued at $5.45 billion.
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EnCap Energy Transition Fund (ETF) has launched Bildmore, a platform company that invests in minority tax equity stakes in solar, battery storage, and energy transmission projects.
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Renewables developer NextEra Resources is selling its Dunns Bridge II Solar and Storage project to a joint venture managed by utility the North Indiana Public Service Company (NIPSCO) and an unnamed tax equity investor, PFR has learned.
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Vistra Corporation has closed on the sale of the Richland and Stryker power plants to Rockland Capital, one of the final puzzle pieces in the closing of its $6.3 billion merger with Energy Harbor.
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Spanish energy giant Repsol has closed on its acquisition of US renewable development company ConnectGen for $768 million.
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The former co-founder and chief financial officer of OKRA Finance has been appointed as the head of transactions and finance at renewable energy tax credit marketplace Reunion.
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Canadian pipeline and energy company Enbridge has closed on its acquisition of Dominion Energy’s East Ohio Gas Company (EOG) for $6.6 billion.
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Utility-scale battery developer GridStor has acquired a 450MW/900MWh battery energy storage system (BESS) project in Galveston, Texas, from Balanced Rock Power.
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A consortium of insurance companies has agreed to acquire a 76.5MW biomass-fuelled power plant sited in Berlin, New Hampshire, PFR has learned.
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Mining company SolGold has signed a memorandum of understanding (MoU) with renewables developers to construct a 200MW hydro-solar project to power its Cascabel Project in Northern Ecuador.
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Utility-scale solar and energy storage development company Redeux Energy Partners is seeking investors to buy a minority stake as a corporate-level equity capital raise, PFR has learned.
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Battery developer GridStor has closed a tax credit transfer sale with JP Morgan for its 60MW/160MWh Goleta Project, which consists of 44 battery energy storage systems in Santa Barbara, California.
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Renewables developer Genneia is planning to issue green bonds for a duo of solar and wind projects in Argentina.
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TC Energy and partner Northern New England Investment Company are to sell the Portland Natural Gas Transmission System (PNGTS) to BlackRock and investment funds managed by Morgan Stanley Infrastructure Partners (MSIP).
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Canadian power company TransAlta has signed 10-year tax credit transfer agreements for 2 Oklahoma-based wind projects totalling 500MW.
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Elda River Capital Management, a real assets-focused investment firm, has spun off from private equity fund Magnetar Capital with $1.5 billion in assets under its management.
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Chevron New Energies is set to develop a 5MW hydrogen production and solar project on its existing oil field in California's Central Valley.
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The Government of Canada has closed its second green bond issuance, a C$4 billion ($2.9 billion) 10-year green bond, becoming the first sovereign borrower to issue a green bond that includes nuclear expenditures.
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Engie North America has signed 3 tax equity financing agreements totalling $1 billion with JP Morgan, Goldman Sachs, and BNP Paribas. The financing covers 6 renewable energy projects, including 950MW of solar and 353MW of wind.
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New Fortress Energy (NFE) has inaugurated its Barcarena LNG terminal – part of a thermoelectric complex project in Barcarena, Pará state.
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The largest clean energy infrastructure project in US history was closed just before we started the new year. Pattern Energy inked $11 billion in financing for its 500+ mile transmission line connecting more than 3.5GW of stranded wind resources – SunZia.
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The New York State Energy Research and Development Authority (NYSERDA) has issued conditional agreements for 2 offshore wind projects in its fourth offshore wind solicitation: 810MW Equinor-owned Empire Wind 1 and Ørsted & Eversource-developed 924MW Sunrise Wind.
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Investment bank Moelis & Company has hired Stephen Trauber, formerly Citi's global head of energy transition, as chairman and global head of its energy and energy transition team.
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Renewables developer Casa dos Ventos has contracted an offtaker for the operational Rio do Vento wind complex in Brazil.
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Renewable real estate investment fund SolaREIT has secured an additional $30 million in revolving credit from Atlantic Union Bank.
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The Department of Energy (DOE) has conditionally awarded $366 million to 17 projects that aim to improve the transmission and electrical distribution of power in rural and remote areas across the US.
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The government of Mexico and Iberdrola have formally closed government-backed Mexico Infrastructure Partners’ (MIP) $6.2 billion acquisition of a majority stake in the Spanish company’s Mexican portfolio.
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EDF Renewables North America has inked a 20-year power purchase agreement (PPA) with Southern California Public Power Authority (SCPPA) to receive 125MW of EDF's 300MW Bonanza solar and storage project in Nevada.
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Colombia power company Celsia is considering selling a duo of wind projects located in the department La Guajira, Colombia.
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The Bureau of Ocean Energy Management (BOEM) has released the final environmental review of the 2.6GW New England Wind project off Massachusetts. The project is owned by Park City Wind, a subsidiary of Avangrid, and is expected to power over 900,000 homes.
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Mitsubishi Power Americas' battery energy storage systems (BESS) division has been spun into a standalone business — Prevalon Energy.
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Capital Power has closed on its acquisition of 2 contracted combined-cycle US gas generation facilities from Beal Financial Corporation subsidiary CSG Investments.
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The Bureau of Ocean Energy Management (BOEM) has approved the construction and operations plan (COP) of 800MW Empire Wind 1, an offshore wind farm owned by Equinor in the New York Bight region. The BOEM's decision was the final step before the project could commence construction.
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Arevon Energy has secured more than $1 billion in financing commitments for its Eland 2 solar-plus-storage project in Kern County, California.
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Florida Municipal Power Agency (FMPA) has closed on the first of 3 project acquisitions totaling 339 MW natural gas-fired capacity, from numerous utilities, PFR has learned.
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Infrastructure and real assets-focused investment firm Stonepeak will acquire a 50% interest in Dominion Energy’s Coastal Virginia Offshore Wind project.
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NorthRenew Energy is to sell its Arco Wind and Solar facility to US-based grid operator PacifiCorp.
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The Federal Economic Competition Commission (Cofece) has conditionally approved the acquisition of a majority stake in Iberdrola's Mexican portfolio by government-backed Mexico Infrastructure Partners (MIP).
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Strata Clean Energy has secured $559 million for its 255MW/1,020MWh Scatter Wash energy storage project in Arizona.
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French energy business TotalEnergies has closed on the $635 million acquisition of 3 gas-fired power plants in Texas from TexGen, PFR has learned.
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Allete has expanded its 5-year US green energy investment plan by $1 billion alongside its successful 2023 revenue reports. The plan now includes $4.3 billion for its utility division, Minnesota Power, to grow its renewable energy exposure.
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EnerSmart is to sell a pair of 3MW battery energy storage system (BESS) facilities sited in Chula Vista, California to renewables investment firm Kendall Sustainable Infrastructure (KSI), PFR has found.
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Against challenging clean energy targets the US offshore wind energy continues to forge ahead. Since the start of the Biden-Harris administration, the Department of the Interior has approved the nation's first 6 commercial-scale offshore wind energy projects.
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Battery manufacturer Ascend Elements has raised $162 million in equity investments from Just Climate, Clearvision Ventures, and IRONGREY.
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A subsidiary of the Spain-based renewables developer Greenalia has closed $200 million in 3-year credit facilities to support its US solar and wind project pipeline.
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Delta Utilities – a portfolio company of Bernhard Capital – has today (20 February) entered an agreement with CenterPoint Energy to acquire natural gas distribution networks.
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Macquarie Asset Management has today (20 February) agreed the sale of Lordstown Energy Center to Arclight Capital vehicle ArcLight Fund VII.
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Electricity and power generation company Vistra has received approval from the Federal Energy Regulatory Commission (FERC) to acquire Energy Harbor. It is the final approval needed in a $6.3 billion merger that will rebrand Vistra as renewables mega firm Vistra Vision.
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Sustainable infrastructure company Generate Capital is to sell a 13.45% stake in Pine Gate Renewables to the Healthcare of Ontario Pension Plan Trust Fund (HOOPP), PFR has found.
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New Fortress Energy has completed sale of its 20% equity interest in global maritime infrastructure company Energos Infrastructure to Apollo-managed funds.
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Allete Power has issued a request for proposals (RFP) for up to 400MW of wind energy to come online by the end of 2027.
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Plus Power has closed $98 million in tax equity investment from Greenprint Capital Management for its 200MW/400MWh Ebony Energy Storage facility in Comal County, Texas.
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National Fuel Gas Company (NFG) has entered a multi-bank $300 million unsecured term loan credit facility, PFR has learned.
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Blackstone is looking for buyers for a stake in its portfolio company Aypa Power. PFR understands Blackstone is looking to sell a minority stake and is in talks with multiple potential buyers.
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Asset management firm Connor, Clark & Lunn Infrastructure (CC&L Infrastructure) will acquire a majority stake in the Sharp Hills wind farm from EDP Renewables subsidiary EDP Renewables Canada (EDPR Canada).
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The US Department of Energy’s (DOE) Office of Fossil Energy and Carbon Management (FECM) will deploy an additional $100 million to aid industrial carbon dioxide removal.
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The Bureau of Ocean Energy Management (BOEM) has designated 2 final Wind Energy Areas (WEAs) offshore Oregon as it moves closer to a lease sale.
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Eversource Energy has agreed to divest to Global Infrastructure Partners (GIP) its 50% stake in its remaining 2 offshore projects that are co-owned with Ørsted.
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Diversified clean energy company, CleanCapital, and investment-grade battery energy storage systems developer, Available Power, have entered a joint venture to build a pipeline of US-based distributed energy storage projects.
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Independent power producer (IPP) Urban Grid has hired Eivind Osterhus as chief financial officer and Erica Engle as chief commercial officer.
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Verde Clean Fuels and a Diamondback Energy subsidiary have signed a joint development agreement for a facility to produce commodity-grade gasoline using natural gas feedstock supplied from Diamondback’s operations in the Permian Basin.
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Arevon Energy, the renewable energy developer, owner, and operator, has reached financial close for the 200MW/800MWh Condor Energy Storage Project.
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Amazon has signed a power purchase agreement (PPA) to source energy from an Avangrid wind farm located in Gilliam County, Oregon.
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Sandow Lakes Energy Company is preparing to construct a 1.2GW natural gas-fueled power plant in Texas.
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To bolster California's offshore wind industry state legislators proposed a $1 billion bond act to help pay for the expansion of ports.
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Foss & Company has penned a $118.5 million tax equity investment in the Longbow BESS project, a battery energy storage system (BESS) located in Brazoria County, TX.
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Battery energy storage system (BESS) developer, owner and operator SMT Energy has sold a portfolio of nearly 400MW storage projects to UBS Asset Management.
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Developer and grid-scale energy storage operator Jupiter Power has hired former Invenergy executive Jesse Campbell as its chief financial officer (CFO).
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Evergy will acquire a 22.2% interest stake in 655MW natural gas-fired facility Dogwood Energy, PFR has learned.
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Battery energy storage system (BESS) developer, owner and operator SMT Energy has sold nearly 400MWs of storage projects to UBS Asset Management.
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A Tenaska affiliate has acquired 6 natural gas generation facilities from IMG Energy Solutions.
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Alliant Energy’s Wisconsin Utility, Wisconsin Power and Light Company (WPL), has closed on the sale of an 18% ownership stake in the 723.2MW natural-gas combined-cycle generation and 4MW solar hybrid project West Riverside Energy Center, PFR has learned.
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Portland General Electric (PGE) closed on its acquisition of a 208MW stake in the Clearwater Wind Farm from developer NextEra, PFR has learned.
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Spire is offering $350 million in 5.3% senior notes due 2026 to help fund the acquisition of the MoGas and Omega pipeline systems.
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Industrial power company One Energy Enterprises has appointed Tom Russell as its chief financial officer (CFO) ahead of its New York Stock Exchange (NYSE) listing.
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Battery-focused renewable energy company Spearmint Energy has closed a $47.5 million project finance term loan from global financial services provider Manulife.
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Argentine power generator Albanesi Energía is planning to issue bonds in the local market, scheduled for 14 February 2024.
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Portland General Electric (PGE) has called for bids on clean dispatchable capacity via an all-source request for proposal (RFP).
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BP Energy Partners-owned Cryopeak LNG Solutions has merged with the Energy & Minerals Group-owned Ferus Natural Gas Fuels, combining their LNG production and distribution technologies.
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Renewables company BrightNight has made 2 senior-level appointments to its asset management and construction teams.
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Midstream power company NGL Energy Partners has closed on a $2.9 billion refinancing.
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Independent power producer and asset manager Greenbacker has continued to add to its leadership team with appointment of Christopher Smith as chief financial officer and Carl Weatherley-White as head of capital markets.
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Serena - formerly Omega Energia - has received financing from Sudene’s Northeast Development Fund (FDNE) for its Assuruá 5 wind project in Brazil.
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Scout Clean Energy, a Brookfield Asset Management portfolio company, has signed a virtual power purchase agreement (VPPA) with not-for-profit healthcare system manager AdventHealth for 90MW from a Texas wind farm.
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Nuveen has teamed up with Aiga Capital Partners on its $200 million term loan to battery energy storage system (BESS) developer Spearmint Energy.
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Avangrid is readying its first renewable energy project in Oklahoma, the 147.5MW Pontotoc Wind project.
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Swedish industrials business SKF has signed 2 Renewable Energy Certificate (REC) purchase agreements in North America.
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Renewable energy provider Cordia has closed on its acquisition of Pittsburgh, Pennsylvania-sited energy systems from Essential Utilities for $165 million.
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Spanish renewable developer Grenergy is offloading 174MW of wind and solar assets the company owns in Peru.
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Quantum Capital Group has partnered with Humble Midstream II to fund the company’s continuing development and operation of US-based energy infrastructure projects.
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Dominion Energy has secured final approval from the Bureau of Ocean Energy Management (BOEM) for the construction and operations of its 2.6GW Coastal Virginia Offshore Wind (CVOW) project.
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Tokyo Gas subsidiary Tokyo Gas America has closed on its $216 million acquisition of the Longbow battery energy storage (BESS) project from Clean Capital Partners.
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Nuclear company Westinghouse has hired former vice president of strategy and innovation at Kairos Power, Lou Martinez Sancho, as its chief technology officer.
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Canadian independent power producer Innergex Renewable Energy, along with its community partners, has won 2 wind projects totaling 400MW in Hydro-Québec's request for proposals (RFP).
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Midstream power company NGL Energy Partners has increased its senior secured notes offering to $2.2 billion.
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Utility-scale developer RedWind Renewables has sold 2 250MW solar PV and BESS projects to global renewable energy business Greenvolt Power.
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Danish energy company Ørsted has terminated its offtake agreement with the state of Maryland for its 2 Skipjack Wind projects as it re-evaluates project plans amid current market conditions.
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BP and Equinor have divided their offshore wind joint venture projects with BP claiming full ownership of Beacon Wind and Equinor taking ownership of Empire Wind.
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The New York State Energy Research and Development Authority (NYSERDA) has closed its solicitation process for its fourth offshore wind auction. Several companies have announced their proposals, including Equinor, RWE, National Grid, and Ørsted.
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Renewables developer Swift Current Energy has upsized its $225 million revolving credit facility to $312.5 million to fund its US project pipeline.
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Potengi Holdings, a joint venture between AES Brasil and food processing company BRF, is planning to issue bonds for wind projects in Brazil.
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Ørsted is to become the sole owner of the 924MW Sunrise Wind project after buying out joint venture partner Eversource Energy.
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Alliant Energy’s Wisconsin Utility, Wisconsin Power and Light Company (WPL), is diluting its interest in the 723.2MW natural-gas combined-cycle generation and 4MW solar hybrid project West Riverside Energy Center, PFR has learned.
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Consortiums led by Invenergy and TotalEnergies were awarded offshore wind projects with conditional contracts of 3.74GW capacity as the New Jersey Board of Public Utilities (NJBPU) closes its third-round tender.
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Commercial energy developer Green Lantern Solar has named Dave Carpenter as vice president of development.
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Spanish renewable developer Grenergy has signed a hybrid power purchase agreement (PPA) for its Oasis storage project in Chile.
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Actis-backed power generation company Valia Energía has issued $530 million in project bonds in Mexico.
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Solar real estate investment fund SolaREIT has launched a battery energy storage systems (BESS) lending platform, to be led by recently hired senior vice president of business development, Nicole Wolf.
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Chilean utility Colbún is planning to add a 360MW wind project to its development pipeline in Chile.
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Updated to include:
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Motor fuel giant Sunoco has agreed to acquire independent pipeline operator NuStar in an all-equity transaction valued at $7.3 billion.
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Chile’s Inversiones Latin America Power (ILAP) has successfully completed its Chapter 11 restructuring process.
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CorEnergy Infrastructure has closed on sale of its MoGas and Omega pipeline systems (MoGas System) to Spire subsidiary Spire Midstream.
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RWE Clean Energy has promoted Andrew Flanagan, the company's former chief development officer, to chief executive.
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Large nuclear plants may overtake previously trending small modular reactors (SMRs) in the market as both private and federal funds are zeroing in on the sector to meet ever-growing grid demand.
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The Bureau of Land Management (BLM) will begin the first of 8 oil and gas lease sales this year with the auction of 19 Wyoming-sited parcels covering 13,858.91 acres on 5 March.
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Capital Power Corporation and Ontario Power Generation (OPG) have joined forces to assess the development of grid-scale, small modular reactors (SMR) in Alberta, Canada.
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Apex Clean Energy and Korean energy company SK Gas and its green energy development business SK D&D are partnering up to own US-based energy storage facilities.
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Argentine renewables developer Hychico has submitted a wind project for environmental review in Chile.
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Partners Group subsidiary Exus North America has agreed to purchase Dutch commodity trader Vitol’s 244MW Pennsylvania-based 3-project wind portfolio, PFR has learned.
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LS Power has agreed to acquire an 810MW natural gas-fired power plant sited in Gettysburg, Pennsylvania from an affiliate of Platinum Equity.
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Casa dos Ventos and ArcelorMittal have landed financing from development bank BNDES for a wind complex they are co-developing in Brazil.
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Macquarie-backed Galehead Development has hired Dru Steubing, the former vice president of development at Apex Energy, as chief development officer.
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Despite renewables grabbing the headlines, emergency weather situations and the increased energy demand in cities with rapidly rising populations have been catalysts for a “gas renaissance” in the M&A power space.
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GE-owned power plant EFS Parlin has closed on the sale of all of its interconnection rights and started the decommissioning process of its 123.5MW natural gas facility following bankruptcy.
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Independent power producer (IPP) Pathway Power has entered a $25 million growth capital partnership with Tokyo-based independent renewables business Renova.
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The Bureau of Ocean Energy Management (BOEM) has drafted the environmental review of future development on the six lease areas awarded in the New York Bight tender in 2022.
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Spire has named Scott Doyle its executive vice president and chief operating officer, effective January 15, 2024.
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Investment firm Fibra Orión has acquired a wind project located in Mexico, marking the firm’s first energy investment.
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Battery storage developer Key Capture Energy and impact investment firm Enhanced Capital have closed an investment tax credits (ITC) transfer agreement with a third party.
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Meridian Clean Energy has upped its stake in 850MW simple-cycle natural gas plant Sentinel Energy.
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Green data center developer Digital Power Optimization (DPO) has closed a power purchase agreement (PPA) with an unnamed multinational renewables developer with over 150MW wind farms in Texas.
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Xcel Energy has commenced construction on its two initial phases of the 460MW Sherco Solar project, with an additional 250MW co-sited solar array is pending permit approval, as it replaces a coal-fired plant in Minnesota.
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Miami-based Atlas Renewable Energy is adding a wind project to its renewable development pipeline in Chile.
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Pan American Energy (PAE) has secured a R$1.1 billion ($224 million) long-term debt package for the company’s Novo Horizonte wind complex in Brazil.
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Energy giants Equinor and BP have canceled their power purchase agreement (PPA) with New York to provide 1.26GW from the proposed Empire Wind 2 project.
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Williams has closed on its $1.95 billion acquisition of a portfolio of natural gas storage assets from an affiliate of Hartree Partners.
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Renewables operator ERG has agreed to partner with independent US green power company Apex Clean Energy Holdings to manage and potentially expand a currently operating portfolio of wind and solar projects.
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Brazil’s Eletrobras has closed the sale of the last coal-fired power plant the company owns in the country.
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Capital Power has completed its $97.5 million acquisition of the Frederickson 1 Generating Station from Atlantic Power & Utilities.
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New Fortress Energy (NFE) has entered a definitive agreement to acquire a 1.6GW capacity reserve contract — PortoCem PPA — from Denham Capital-backed Ceiba Energy.
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Eneva has landed more than R$1 billion ($206 million) in financing for a gas-fired power plant the company is developing in Brazil.
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Global Partners has completed the acquisition of 25 liquid energy terminals from Saudi Aramco-subsidiary Motiva Enterprises.
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The state of Delaware has begun official negotiations with offshore wind developer US Wind, which is developing two wind farms off Maryland, to provide lease areas for the farms' undersea cables and onshore substations.
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Siemens Energy has signed a memorandum of understanding with Santa Clara, California-based fast fission clean power company Oklo to become its preferred supplier as it scales up its advanced fission power plants.
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Hull Street Energy has closed on a $160 million credit facility to finance its 855 MW Milepost Power Texas portfolio, Mesquite Generation.
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Crescent Point Energy has closed on its acquisition of Canadian Riverstone Holdings-owned oil and gas business Hammerhead Energy.
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Spanish independent power producer Ecoener has signed power purchase agreements with the government of Ecuador, marking the firm’s entry into the Ecuadorian market.
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Battery storage IPP On.Energy has inked $40 million in construction and debt facilities with Live Oak Bank for its 80MW ERCOT portfolio.
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Energy storage business Convergent Energy and Power has appointed Donald Jenkins as its new chief operating officer (COO).
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The energy finance team at First Citizens Bank and Jupiter Power have closed $65.2 million in financing for the energy storage developer's 200MW/400MWh battery energy storage system in Houston, Texas.
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Cadiz has received the final regulatory nod from the US Bureau of Land Management (BLM) to complete its acquisition of the 220-mile pipeline from El Paso Natural Gas (EPNG).
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Electricity distributor and hydro developer Luz del Sur has agreed to acquire a pair of operational wind projects in Peru.
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Spain’s Grenergy and Germany’s Energy Kitchen are growing their renewable capacity in Chile by adding solar and wind projects to their respective pipelines.
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Ardian has acquired full ownership of the Peruvian subsidiary of Latin America Power from funds managed by BTG Pactual, Patria Investments and GMR Holding.
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Southern Company subsidiary Georgia Power Company (GPC) will sell multiple specified transmission lines to Georgia Transmission Corporation (GTC), PFR has learned.
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Brazilian utility Copel and Petrobras have agreed to sell the Araucária gas-fired power plant they co-owned in Brazil.
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US-based utility and renewable energy developer Allete is contemplating the sale of its business, and has enlisted JP Morgan Chase for the potential sale process.
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Greenbacker has closed a $92 million financing agreement with BMO Financial Group to construct its largest standalone BESS project — 120MWh Holtville BESS — and various community solar developments.
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Renewables and utility project developer Invenergy has opened a regional office in Montreal, becoming the company’s Quebec-based hub for Eastern Canada.
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The state of Louisiana has approved its first-ever offshore wind farm agreements for projects in state waters, inking contracts with Vestas and Mitsubishi subsidiaries.
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Unit Corporation has completed its previously announced sale of certain non-core oil and gas assets sited in the Texas Panhandle for net cash proceeds of $50 million at closing.
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Grant County, Washington’s Public Utility District No. 2 (Grant PUD) has begun an all-source request for proposals (RFP) to fulfill its supply need of 300MW of firm capacity and energy.
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French renewable developer Voltalia has agreed to sell a wind site in its Serra Branca complex in Brazil to Japanese conglomerate TODA.
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YPF Luz has signed a power purchase agreement (PPA) to supply renewable energy from its latest wind project in Argentina.
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US technology giant META has entered into a 20-year power purchase agreement (PPA) with Ørsted’s 300MW Eleven Mile Solar Center in Pinal County, Arizona.
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The US Air Force Research Laboratory’s Space Vehicle Directorate has selected Westinghouse to power its advanced space research program.
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Utility Hawaii Electric Company is negotiating final terms with various developers to add 15 renewable generation projects to its grid, which will aid the state’s retirement of 6 fossil fuel-powered generators.
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Shell subsidiaries Shell Wind Energy and Savion Equity will sell partial ownership stakes in two US-based renewable energy projects to international infrastructure investment manager InfraRed Capital Partners (InfraRed).
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The Bureau of Ocean Energy Management (BOEM) has proposed a Central Atlantic offshore wind lease sale for over 277,000 acres in the waters off of Delaware, Maryland, and Virginia. The sale is expected to take place in 2024.
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Canadian province Newfoundland and Labrador (NL) has signed a memorandum of understanding (MoU) with the federal government to become a lead regulator on offshore wind projects in 16 inland bays in the province.
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Battery storage developer Key Capture Energy (KCE) has hired former EDP Renewables executive Brian Hayes the company’s chief executive, effective January 8, 2024.
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Renewable and utility developer Invenergy has acquired the Atlantic Power Transmission (APT) project from Blackstone, relaunching the New Jersey transmission initiative as Jersey Link, to support New Jersey’s offshore wind goals.
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Washinton state-based utility Puget Sound Energy (PSE) will construct a 248MW wind farm in Stillwater County, Montana. The project is expected to become operational in 2025.
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Ørsted’s 132MW South Fork project has become the first offshore wind farm to plug into New York’s power grid, and Vineyard Wind completed its first five wind turbines as the projects go head-to-head to become the first full utility-scale offshore wind farm in the US.
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Small modular nuclear reactor and fuel business X-Energy Reactor Company (X-energy) has completed a $80 million Series C financing round.
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EV charger manufacturing company DG Matrix has finalized a multi-year partnership with sodium-ion battery producer Natron Energy to accelerate the deployment of charging infrastructure.
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Swiss asset manager SUSI Partners is expanding its partnership with developer SMT energy by doubling its Texas battery energy storage (BESS) portfolio to 200MW from 100MW, adding 10 new projects.
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