Corporations
-
Engie Energía Chile has signed a 15-year power purchase agreement with steel company CAP Acero.
-
Canadian Solar has signed power purchase agreements with two companies in Brazil, Braskem and Copel Energia, for a combined 274 MW (DC) of solar capacity.
-
The government of Brazil is sticking to its guns, trying to push through the privatization of Eletrobras in this calendar year.
-
Developers in Mexico presented bids on June 15 to participate in a tender for geothermal exploration and drilling projects in the country, which has been in the works since 2018.
-
French energy company Engie has closed a R$2.51 billion ($485 million) loan with Brazilian development bank BNDES to finance the construction of its Novo Estado transmission line project.
-
BNDESPar, the private investment arm of Brazilian development bank BNDES, has hired a financial adviser to assist with the sale of its stake in AES Tietê Energia.
-
Canada's Polaris Infrastructure is looking to enter the Panamanian power market with the acquisition of a 10 MW hydro plant from Navitas Holdings.
-
Zona Energía's private auction in Chile will benefit from a reform that bans Chile's power distribution companies from selling power to large consumers known as clientes libres or free clients.
-
Petrobras and Wobben Windpower have entered the binding phase of the sale process of two jointly-owned wind assets in Brazil.
-
The Dominican Republic’s National Commission on Energy (CNE) has awarded concessions for 100 MW across two power projects and a transmission line in the country.
-
Spanish developer 360 Clean Energy is laying the groundwork for a small-scale solar project in the Chilean region of Maule, under the PMGD (Pequeños Medios de Generación Distribuida) distributed generation scheme.
-
Chilean company Saggitar is moving forward with the development of a small-scale solar project that will qualify under the country's PMGD (Pequeños Medios de Generación Distribuida) distribution generation scheme.
-
Mexico's Business Coordinating Council has hit back at transmission fee hikes by state-owned utility Comisión Federal de Electricidad (CFE), describing the policy as “illegal and inadmissible” and "indefensible."
-
Oil and gas company Shell is increasing its efforts to build solar projects in Brazil, registering a 10-project complex called Barnard Solar with a total capacity of 467 MW.
-
Argentinian developer Central Puerto has begun selling generation from a wind project in Tucumán province to Swedish auto company Scania under a long-term power purchase agreement.
-
An infrastructure and energy lawyer is among six attorneys recently promoted to partner by Brazilian law firm Mattos Filho.
-
Chile’s economic development agency Corfo is launching a $39 million credit line for renewable energy and energy efficiency projects in the country.
-
Sempra Energy aiming to close the previously announced sale of its Chilean assets to State Grid International Development on June 24.
-
Mexico’s state-owned Comisión Federal de Electricidad (CFE) is planning a procurement process for a transmission project in the state of Baja California, adding to the country’s transmission pipeline.
-
Spain's OPDEnergy is nearing financial close on a pair of renewable energy assets in Chile, a process that began in November 2019.
-
Pacific Hydro, a renewable energy company with assets in Australia, Chile and Brazil, is looking to refinance corporate debt with a roughly $400 million loan.
-
Colombian power producer Isagén is plotting the development of its first wind farm in the country, which would be Colombia's largest to date.
-
Spain’s OPDEnergy has agreed to sell a majority stake in two solar parks in Mexico to Riverstone Holdings and is also planning to launch a joint venture with the asset management firm.
-
Spain's Solarpack is planning to sell a 9 MW solar project that is under construction in the Chilean region of Maule.
-
Greenpeace and the Mexican Center for Environmental Law (CEMDA) have secured a temporary suspension of policies introduced by Mexican grid operator Cenace and the Secretariat of Energy (SENER) that threaten to delay the interconnection of renewable energy projects in the country.
-
Spain's Acciona is developing a 43.2 MW wind farm in the Chilean region of La Araucanía – its seventh project in the country.
-
Enel has brought forward the schedule for shuttering its two coal-fired units in Chile from 2024 to 2022.
-
Colombian power distributor Electrificadora de Huila (Electrohuila) is preparing to begin construction on a 24.23-mile (39 km) transmission line in the southern state of Huila.
-
EDF has received the green light to acquire up to 600 MW of wind projects in Brazil from developer PEC Energy, a subsidiary of Grupo Engeform.
-
Mexico’s state-owned Comisión Federal de Electricidad (CFE) has launched a tender for a 25 MW geothermal project.
-
Developers in Argentina have faced an inhospitable project finance market since 2018, but the country's leading wind developer Genneia has managed to finance no fewer than nine wind projects in the past two years, using creative structures including the company's first ECA-backed corporate loan.
-
Canadian renewable energy developer Saturn Power has obtained an operating permit for a 6 MW solar project in Bermuda.
-
Spanish conglomerate Activos en Renta Grupo Corporativo and Chilean developer Energías Renovables Saintec are in the process of permitting a 54.45 MW solar project in the country’s Atacama region.
-
Panama's state-owned transmission company Empresa de Transmisión Eléctrica (Etesa) must reevaluate its proposed Fourth Line project (Cuarta Línea) on the Atlantic coast, after the country's Public Services Authority (ASEP) rejected its latest proposal.
-
Enel Green Power's distribution subsidiary in Chile, Enel Distribución, is negotiating a debt package with IDB Invest to ease its Covid-19-related liquidity problems.
-
Brazilian technology company Tivit has signed a contract to purchase power from Casa dos Ventos’ 504 MW Rio do Vento wind project in the Brazilian state of Rio Grande do Norte.
-
German developer Notus Energy is working on a 168 MW wind farm in the Chilean region of Biobío.
-
Spain's Grenergy Renovables is planning to sell a five-project portfolio of solar projects totaling 52 MW in Chile.
-
A Chilean developer is looking for an investor to acquire a majority stake in a 150 MW distributed generation portfolio in the country.
-
Engie has signed loans with Brazilian development bank BNDES to finance the construction of two projects in Brazil, a wind farm and a transmission line.
-
A group of renewable energy developers in Mexico have won a legal reprieve against grid operator Cenace' suspension of interconnections for wind and solar projects.
-
Grupo Ibereólica and EDF Energies Nouvelles are nearing financial close on the refinancing and expansion of a jointly owned wind asset in Chile.
-
Eosol Energy, the renewable arm of Spain’s engineering company Grupo Eosol, is developing a 227.46 MW (DC) solar project in Chile.
-
Canada’s Greenbriar Capital Corp has inked a power purchase and operating agreement for an up-to-160 MW solar project in Puerto Rico.
-
Atlas Renewable Energy is negotiating an up to $90 million financing with IDB Invest to fund the expansion of its Juazeiro solar project in Brazil.
-
Eneva has given up on its attempt to merge with AES Corp’s Brazilian subsidiary AES Tiete, at least for now.
-
Chile’s Verano Capital is working on a 90 MW solar park in Antofagasta, which is expected to require an investment of $90 million.
-
Development finance institution IDB Invest is preparing a debt package for Naturgy Energy's distribution companies in Panama, which are facing liquidity problems as a result of the government's response to Covid-19.
-
Petrobras has started the non-binding phase of the sale of its minority stake in natural gas pipeline network Nova Transportadora do Sudeste.
-
Brazil’s power regulator Aneel has approved the opening of a public consultation on bidding documents for a proposed auction of transmission line projects.
-
Mexico's Secretariat of Energy (SENER) has officially announced a measure to limit the development of renewable projects in the country, prompting a backlash from industry groups.
-
Independent power producer Sonnedix has added to its renewable energy development pipeline in Chile with a 150 MW (DC) solar project.
-
Grupo Ibereólica and Global Power Generation, a subsidiary of Spain's Naturgy Energy Group, has mandated a commercial bank to structure a loan for a 204 MW wind project in Chile.
-
Innergex Renewable Energy has acquired an operational 68 MW solar plant in Chile as well as 11-year demand-based power purchase agreements from three sellers.
-
Engie plans to invest some R$3 billion ($515 million) to build the 1,800 km Novo Estado transmission line in Brazil.
-
Petrobras has issued a teaser for the sale of four thermal generation plants in Brazil totaling 578 MW.
-
Atlas Renewable Energy is aiming to close the financing for a 444 MW (DC) solar project in Mexico in late June or early July.
-
AES Corp's Panamanian subsidiary has acquired an operational 55 MW wind farm in the country from Goldwind Americas.
-
IDB Invest is preparing a credit line for AES Corp's distribution subsidiaries in El Salvador, which face liquidity challenges as a result of government measures to mitigate the effect of the Covid-19 pandemic on consumers.
-
While Mexico's power sector grapples with the country's power pandemic policy, the Secretariat of Energy (SENER) plans a new measure that could further harm renewables.
-
Brazil’s antitrust regulator Cade has approved EDP Grid’s acquisition of distributed solar projects in the country.
-
AES Tietê – the Brazilian subsidiary of AES Corp – is planning an M&A sprint in the country for operational assets as well as wind and solar projects under development.
-
Chile's Sphera Energy is developing a 150 MW PMGD (Pequeños Medios de Generación Distribuida) distributed solar portfolio in the country.
-
Colombia's Mines and Energy Planning Unit (UPME) has delayed the procurement process for a transmission line in the country's Caribbean region for the third time since COVID-19 hit the country.
-
Enel Green Power is moving forward with the transmission work for its first wind project in Colombia.
-
Mexico's competition authority, Cofece, has denounced grid operator Cenace's suspension of the interconnection of renewable energy projects as an unclear, unfair policy that is harmful to future investments.
-
Global Power Generation, a subsidiary of Spain's Naturgy Energy Group, is working on a 101 MW solar project in Chile, its third renewable energy asset in the country.
-
The Dominican Republic is selling a 50% stake in a 674.78 MW coal-fired plant in the country, but the process is on hold because of the Covid-19 pandemic.
-
In January 2020, Colombia's Termocandelaria Power Limited built on its success in the international bond market with a $186 million tap to finance the conversion of a 20-year old peaker into what it says will be the country’s most efficient gas-fired generation project.
-
French independent power producer Neoen has halted operations at a recently completed solar project in Mexico following the suspension of the interconnection of renewable assets in the country, ostensibly because of Covid-19.
-
Canadian gold mining company Gran Colombia Gold Corp. has inked a letter of intent to acquire an 11.2 MW solar project in Colombia.
-
Irish developer Mainstream Renewable Power has signed contracts for transmission work to interconnect its 630.2 MW Huemul wind and solar portfolio in Chile to the grid.
-
Enel Green Power Panama has signed an agreement to sell international renewable energy certificates from a solar project in Panama to German firm First Climate.
-
AAGES Global Energy Solutions, the international development joint venture between Abengoa and Algonquin Power & Utilities Corp., is moving forward with its first solar project, located in Colombia.
-
AES Gener is plotting a 63 MW wind project in Chile, the seventh wind asset the sponsor is developing in the country.
-
A Mexican industry association has threatened Mexico's National Center for Energy (Cenace) with legal actions after the regulatory body introduced measures that could further harm renewable energy projects in the country.
-
Spanish developer OPDEnergy has announced its first solar park in the US, which will have a 15-year power purchase agreement with the Tennessee Valley Authority.
-
French developer Cap Vert Energie is laying the groundwork for a small-scale solar project to add to its PMGD (Pequeños medios de generación distribuida) pipeline in Chile.
-
Norwegian state-owned power company Statkraft has inked two power purchase agreements with food company Agrosuper in Chile.
-
Chilean independent power producer Colbún is moving forward with the development of its renewable pipeline in the country, which features five wind and solar assets.
-
Engie Energía Chile has awarded contracts for the construction of the second of three Chilean renewable projects the company announced in October of last year.
-
Solar developer Solek is plotting a portfolio of small-scale solar projects, having filed environmental paperwork for five assets totaling 49.27 MW in the past month.
-
Blackstone company Fisterra Energy is pursuing the refinancing of a combined-cycle gas-fired plant in Mexico, which was meant to start operating in December of last year.
-
Guatemala’s power distributor Energuate has awarded five-year power purchase agreements to four companies as a result of a tender process that began earlier this year.
-
Chilean company Saggitar is plotting the development of a small-scale solar duo, expected to qualify under the country's PMGD (Pequeños Medios de Generación Distribuida) distributed generation scheme.
-
Atlas Renewable Energy, the Latin American renewable energy portfolio company of private equity firm Actis, is working with a commercial bank and two DFIs to structure the financing of a 444 MW (DC) solar project in Mexico.
-
Project finance bankers predict a four-month delay to the financial close of the debt package for the second and third phases of Mainstream Renewable Power’s 1.3 GW Andes Renovables portfolio in Chile.
-
Independent power producer Sonnedix is moving forward with the development of a battery storage system attached to a small-scale solar asset in Chile.
-
Spain’s OPDEnergy was aiming to reach financial close on a pair of renewable assets in the country by February, but the closing has been pushed back due to the Covid-19 crisis.
-
Development institution IDB Invest is in the process of structuring a debt package to finance Engie’s first wind project in Chile.
-
Sempra Energy has completed the sale of its Peruvian assets to a Chinese buyer, bringing to an end to a process that began in January of 2019.
-
Colombia’s Interconexión Eléctrica has requested regulatory approval for a transmission and substation project it won in a tender last year.
-
The financial close for a pair of renewable energy projects owned by Arroyo Energy in Chile has been delayed by a month due to the Covid-19 crisis.
-
IEnova and Saavi Energia have pushed back financial close of their jointly-developed 108 MW Energía Sierra Juárez II wind farm in Mexico by two months.
-
Jinko Solar has sold a 155 MW (DC) operational solar project pair in Mexico to White River Renewables, a joint venture between U.S. private equity firm Riverstone Holdings and Switzerland’s White Summit Capital.
-
Argentina is reviewing wind and solar power purchase agreements awarded by wholesale market distributor Cammesa during the country's renewable auctions in light of delays in project development and construction.
-
Enel Green Power has signed a five-year power purchase agreement to supply 42 GWh of energy per year to a Guatemalan distribution company.
-
Spain’s Solarpack Corporación Tecnológica has closed the sale of a 49% stake in two solar projects in Peru totaling 43 MW to investment fund manager Ardian.
-
Spanish conglomerate Activos en Renta Grupo Corporativo and Chilean developer Energías Renovables Saintec are plotting a 167 MW solar project in the country.
-
Peruvian state agency Proinversión has launched a procurement process for the development of two substation and transmission projects in the country.
-
Chilean industrial equipment supplier Industria Mecánica VOGT has inked a preliminary agreement to fit the pumping systems it supplies to mining companies with energy storage technology from Swedish company Azelio instead of diesel generators.
-
AES Gener has expanded its wind project development pipeline in Chile by adding a second phase to a previously approved, pre-construction project in the country.
-
The World Bank’s International Finance Corporation (IFC) is arranging a debt package to finance solar projects in Panama.
-
A consortium led by infrastructure fund manager AVAIO Capital has appointed MUFG as financial adviser for an LNG export project on the west coast of Mexico.
-
Total’s renewable energy subsidiary Total Eren is plotting the second phase of a three-stage solar park in Chile, after acquiring a stake in the first phase of the project.
-
AES Gener is preparing to launch a $500 million capital raise to fund its 1.6 GW solar and wind pipeline in Chile and Colombia, having obtained approval from its existing shareholders.
-
EDP Renováveis has secured a 15-year power purchase agreement for a solar project in Mexico with a local energy services company.
-
An Argentinian power industry association has warned that the sector could face bankruptcies as the government implements the pesification of power contracts and denies inflation adjustments to struggling generators.
-
Sempra Energy is nearing the close of the sale of its Peruvian assets to a Chinese buyer having received all required government authorizations.
-
Ecuador’s Ministry of Energy and Non-renewable Natural Resources has postponed the tenders for two renewable projects in the country for the second time because of the Covid-19 pandemic.
-
Spain’s Solarpack is moving forward with the development of a 187 MW solar project in Chile.
-
Engineering firm Black & Veatch has hired two senior officials, one in the U.S. and the other in Chile, to lead its wind and LatAm power divisions, respectively.
-
Spain’s OPDEnergy is moving forward with the development of a 90 MW solar project in Chile, after receiving approval from environmental authorities.
-
Spanish renewables developer Acciona has brought in one financial investor and is looking for another to jointly acquire KKR & Co.'s minority stake in its international generation subsidiary, Acciona Energía Internacional.
-
A group of renewable energy companies have written to the Chilean government to warn it that recent policy changes in response to protests and the Covid-19 pandemic threaten to stifle international investment in the sector.
-
Spain’s X-Elio is moving forward with the development of a 90 MW solar park with a battery storage unit in Chile.
-
Chile’s Energías Renovables Saintec is moving forward with the development of a 217.8 MW solar park in Chile after getting approval from the country's environmental authority.
-
Argentinian independent power producer Stoneway Capital Corp. has a new owner after missing debt amortization payments due in early March.
-
EnfraGen, a subsidiary of U.S.-based Glenfarne Group, is aiming to close the financing of a roughly 200 MW solar portfolio in Chile by the end of summer.
-
A sponsor has been looking to finance two solar projects in Chile for several months, albeit unsuccessfully so far.
-
Vienna-headquartered AustrianSolar is moving forward with the development of a 141 MW solar project in Chile.
-
Colombia’s Mines and Energy Planning Unit (UPME) has pushed back by three weeks the procurement process for a transmission line in the country’s Caribbean region.
-
Panama's state-owned transmission company Etesa has awarded short-term power purchase agreements with distribution companies to 18 generation companies.
-
The sponsor of a combined-cycle gas-fired plant in Mexico has begun talks with bankers to refinance the asset after it starts operations.
-
The non-bank financial institution Corporación Interamericana para el Financiamiento de Infraestructura (CIFI) has provided a debt package for a solar portfolio developed under Chile’s PMGD (Pequeños Medios de Generación Distribuida) distributed generation scheme.
-
Engie Energía Chile has agreed to acquire a stake in a coal-fired power plant from Chilean copper producer Antofagasta Minerals while inking an 11-year renewable energy power purchase agreement with the mining company.
-
Mexico's Federal Electricity Commission (CFE) has quietly pushed back the procurement processes for combined-cycle gas-fired plants and a transmission line until the end of spring as a result of the Covid-19 pandemic.
-
Ecuador's state-owned Ecuador Electric Corporation (CELEC) has delayed the tender for a 14.8 MW (DC) solar project with a battery storage unit on the Galapagos islands.
-
The Chilean subsidiary of French developer Cap Vert Energie has begun the permitting process for two solar projects that are expected to qualify under the country's PMGD (Pequeños Medios de Generación Distribuida) distributed generation scheme.
-
British asset manager NextEnergy Capital has announced the acquisition of a 36.1 MW (DC) solar project in Mexico.
-
Colombia’s Celsia is moving forward with the development of an almost 200 MW gas-fired project in the country.
-
Delays in the construction of a transmission line in Colombia because of the Covid-19 crisis could put several development-stage wind farms in the La Guajira department under financial duress.
-
The Japan International Cooperation Agency (JICA) and the U.S. International Development Finance Corporation (DFC) have joined two other development finance institutions to finance a 376 MW solar portfolio being developed by IEnova in Mexico.
-
AES Gener is plotting the development of a 140 MW wind asset in Chile, the third for which the company has filed paperwork this month.
-
The South Korean owners of a gas-fired plant in Chile began looking to refinance it through a private placement a few months ago, but market conditions may act as a deterrent, say bankers.
-
Lima-based generation company Atria Energía is plotting a 66 MW solar park in Chile.
-
AES Gener is plotting a 68.4 MW expansion to an existing 80 MW wind project in Chile as part of its strategy to develop renewables in the country.
-
Zona Energía, owned by construction and real estate conglomerate Grupo Ebco, is preparing to move forward with its private-sector power auction in Chile despite disruption caused by the Covid-19 crisis.
-
Colombia’s Empresas Públicas de Medellín (EPM) and the consortium Consorcio Energía de la Costa, led by Colombian businessman Alberto Ríos, have won the reprivatization auction for power distributor Electricaribe, which will be split into two companies as a result.
-
Project finance bankers in New York are eyeing PMGD (Pequeños Medios de Generación Distribuida) solar portfolios in Chile, which have become attractive investments—at least until the law changes.
-
Atlas Renewable Energy, the Latin American renewables portfolio company of private equity firm Actis, is plotting the development of an 854 MW solar park in Chile.
-
The results of a private power auction being run by Bravos Energía in Mexico were expected to be revealed this month but have been delayed until May.
-
Atlas Renewable Energy financed a pair of solar projects in Chile in the U.S. private placement market at the beginning of March, skillfully winning over a skeptical investor community that lacked positive experiences of financing renewables in the country.
-
AES Gener is plotting the development of a 280 MW wind farm in Chile, as part of its strategy to increase investment in renewables in the country.
-
Project finance bankers say volatile market conditions and a cumbersome bank group could lead some institutions to drop out of the financing of Mainstream Renewable Power’s 730 MW Huemul and Copihue portfolio in Chile.
-
Colombia’s Celsia, owned by Grupo Argos, has announced it will not bid for Colombian power distributor Electricaribe in the auction on March 20.
-
Developers in Mexico have been left waiting for the government to release its private investment plan for energy projects following a delay by the administration.
-
Chile’s National Electric Coordinator (NEC) has asked power companies in the country to submit plans to confront possible disruptions caused by the Covid-19 pandemic, as Chile sees the number of patients rise.
-
Prospective buyers are presenting their final offers today for Colombian power distributor Electricaribe in an auction scheduled for March 20.
-
Colombia’s Celsia has won the contract to develop a substation and transmission project in the country, out-bidding two other Colombian powerhouses.
-
Colombia’s Interconexión Eléctrica (ISA) has inked an agreement to acquire a Peruvian transmission company from I Squared Capital.
-
Chilean developer Invener, owned by the real estate and construction group EBCO, is plotting the development of a 258 MW wind project in Chile.
-
Colombia’s Interconexión Eléctrica (ISA) has won the contract to build a transmission line in the country, after out-bidding four other companies.
-
Argentinian independent power producer Stoneway Capital Corp. is embarking on what could be a lengthy restructuring process after bondholders declined to extend the maturity of debt due to be repaid this month.
-
Ecuador’s state-owned electric corporation CELEC has announced a tender for a 14.8 MW (DC) solar project with a battery storage unit on the Galapagos islands.
-
The Private Financing Advisory Network (PFAN) has launched a request for proposals for clean energy projects in the Caribbean and Central America.
-
Mexico’s state-owned Federal Electricity Commission (CFE) has launched a tender to find a gas supplier for gas-fired projects in the state of Baja California Sur, Mexico.
-
Brazilian generation and transmission company Alupar has mandated a commercial bank to structure a debt package for a transmission project in Colombia.
-
Enel Green Power has inked a 10-year power purchase agreement with beer company Heineken's Mexican subsidiary.
-
Canadian Solar has inked a power purchase agreement with an affiliate of steel, energy and construction conglomerate Grupo Techint for a solar project in Mexico.
-
Spain’s Naturgy Energy Group has announced it will invest €750 million ($843.2 million) in Panama’s electric distribution grid over the next ten years.
-
German asset manager MPC Capital is raising capital among U.S. investors to build 200 MW of renewable projects in the Caribbean.
-
Korea Electric Power Co. (Kepco) and fund manager Sprott Korea have mandated a commercial bank for the financings of two solar projects they jointly own in Mexico.
-
Atlas Renewable Energy, the Latin American renewables portfolio company of private equity firm Actis, has reached financial close on a private placement to finance two solar projects in Chile.
-
Corporación Andina de Fomento (CAF) has agreed to provide a $300 million loan for infrastructure projects in Argentina—including power generation and transmission assets.
-
New details have emerged on the plans for the financing of the 108 MW Energía Sierra Juárez II wind project being developed by IEnova and Saavi Energía in Mexico.
-
Engie Energía Chile is finally moving forward with its first wind farm in Chile, which was stalled for months because of an arbitration claim.
-
IDB Invest could provide up to one-third of the project finance loan for Huemul, the second phase of Mainstream Renewable Power's 1.3 GW Andes Renovables portfolio in Chile.
-
AES Gener has announced a $1.8 billion investment in solar and wind projects in Chile and Colombia with a total capacity of 1.6 GW.
-
Conelsur, a Peruvian transmission company owned by Chile’s Grupo Transelec, has acquired mining company Grupo Minero Buenaventura’s Peruvian transmission subsidiary Consorcio Energético de Huancavelica (Conenhua).
-
Spain's Acciona has inked a power purchase agreement with salt producer K+S Chile—its seventh contract with a corporate offtaker in the country.
-
Austrian solar developer Clean Capital Energy (CCE) is developing an 86 MW project in Chile, the second of the four projects the company is eying in the country.
-
Solar project developer and independent power producer Silicon Ranch Corp. has brought a former Touchstone Energy Cooperatives executive out of retirement in Florida to head its business development unit in Nashville, Tenn.
-
Steve Ryder, the cfo of Invenergy, is leaving the firm he has been with for 12 years.
-
The ceo of Albanesi Group, an Argentine generation company, has been arrested as part of a federal bribery investigation.
-
Macquarie Infrastructure Corp. has launched proceedings to divest its interest in the New Jersey-based 512 MW Bayonne Energy Center, PFR has learned.
-
Sempra Energy is putting its 2.6 GW portfolio of U.S. wind and solar assets up for sale in response to demands from activist investors.
-
A fund managed by Starwood Energy Group Global has lined up a buyer for an Ohio wind project that is expected to come online later this summer.
-
A company owning more than 600 MW of wind assets in New York state is in the process of finding a buyer for the portfolio, PFR has learned.
-
A private equity firm has suspended a sale process for a stake in a hydro portfolio company.
-
Capital Dynamics has sealed its purchase of 8point3 Energy Partners, sparking conversations about the future of the yield company business model during a busy week of summer conferences.
-
Greenbacker Renewable Energy Co. has acquired two development-stage solar assets in North Carolina from ET Capital.
-
A solar shop based in the U.S. Northeast has acquired a 105 MW portfolio of development-stage assets in New York state, PFR has learned.
-
AES Corp. and Alberta Investment Management Corp. have mandated an adviser to sell a stake in a portfolio owned by sPower, the renewable project developer, owner and operator they jointly acquired last year.
-
GE Energy Financial Services has announced the retirement of two senior figures as the General Electric division looks to sell its loan book and private equity assets.
-
A joint venture between Axium Infrastructure and Manulife Financial Corp. has agreed to acquire a 35% stake in AltaGas’ hydro assets in northwest British Columbia for C$922 million (approximately $700 million).
-
Fengate Real Asset Investments has entered into a $100 million, multi-year equity commitment with Texas developer PowerFin Partners, echoing a deal the asset manager struck with a Canadian developer two months ago.
-
Vivint has priced its first asset-backed securitization, a $466 million offering backed by a multi-state portfolio of residential solar assets, with the vast majority of the cash flows coming from power purchase agreements.
-
GE Energy Financial Services has mandated a pair of financial advisers to sell its project finance loan book as well as equity stakes in generation assets, PFR has learned.
-
Pennsylvania utility holding company PPL Corp. has acquired commercial and industrial-scale solar developer Safari Energy.
-
TransAlta Corp. has dropped down more than 90 MW of wind and solar assets into its yield company, TransAlta Renewables.
-
A Finnish company that recently entered the U.S. renewables market has appointed a former senior finance official at a Texas-based developer to oversee its North American business.
-
Vivint is preparing to issue its debut asset-backed securitization, a $355 million offering that will be the year’s first ABS deal to be backed by power purchase agreements and leases.
-
Southern Power has signed a deal to sell a one-third interest in a 1.7 GW solar portfolio to an institutional investor following an auction process.
-
An entity owned by the Navajo Nation is purchasing a stake in a 1,540 MW coal-fired project that is located on tribal land.
-
AMP Capital has agreed to form a joint venture with Invenergy through which the Australian investment manager will buy a 50% stake in a portfolio of gas-fired projects in the U.S., Canada and Mexico.
-
The Caisse de dépôt et placement du Québec is increasing its shareholding in Invenergy Renewables by acquiring additional stakes from parent company Invenergy and an existing minority investor.
-
Hydro shop Northbrook Energy has agreed to acquire a run-of-river generation portfolio in the Western Carolinas from a subsidiary of Duke Energy.
-
A group of four Japanese investors has acquired a majority stake in an Ares-EIF gas-fired project in Connecticut.
-
Innergex Renewable Energy has taken full ownership of several Canadian hydro assets by acquiring a 33.3% stake in the projects from Ledcor Power Group.
-
Onyx Renewable Partners, a portfolio company of The Blackstone Group, has scored a $79 million financing for an approximately 80 MW portfolio of distributed solar assets.
-
SunPower Corp. is divesting its remaining generation portfolio and projects south of the U.S.-Mexico border may be the next to go.
-
The Canada Pension Plan Investment Board is acquiring a 49% stake in an Enbridge renewables portfolio that includes all of the company’s renewable assets in Canada and two U.S. projects. Meanwhile, a private equity firm has agreed to purchase Enbridge’s midstream business in the U.S.
-
NRG Yield has refinanced its $495 million revolving credit facility.
-
Having completed the acquisitions of a solar project and a fuel cell project, NRG Yield's next task is to raise capital for its purchase of a contracted gas-fired project in California.
-
The Carlyle Group and GE Energy Financial Services plan to sell a gas-fired project in Washington County, Ga., to a fund managed by Harbert Management Corp.—just as soon as they formally gain ownership of the plant themselves.
-
Southern Power has identified a buyer for a one-third stake in a solar portfolio that has been on the market since last year, deal watchers tell PFR.
-
SunPower Corp. is bringing on industry veteran Manavendra Sial, formerly of SunEdison and General Electric, as its new cfo.
-
Axium Infrastructure has agreed to acquire the 286 MW Brooklyn Navy Yard in New York from a fund managed by Ares-EIF.
-
A portfolio company of Avenue Capital Partners is weighing an acquisition of the Navajo Generating Station, a 2,250 MW coal-fired project within the Navajo Nation in northeastern Arizona that is scheduled for retirement.
-
Invenergy is approaching the end of a sale process for a gas-fired asset it owns in the Midwestern U.S.
-
Wells Fargo has wrapped its $70 million tax equity investment in a portfolio of three NextEra Energy Resources wind projects.
-
Canada’s Hydro One is moving closer to sealing its acquisition of Washington state-based Avista Corp.
-
174 Power Global, the development-focused subsidiary of South Korea-based Hanwha Q Cells has wrangled a tax equity investor for its 178 MW Midway solar project in Pecos County, Texas.
-
Residential solar lender Dividend Solar has closed its second solar securitization.
-
Algonquin Power & Utilities Corp. opted to place $445 million of stock with institutional investors by itself, rather than tapping investment banks as underwriters and agents, to fund its acquisition of Atlantica Yield shares from Abengoa.
-
Atlas Renewable Energy has acquired a 101.4 MW solar project in Mexico from SunPower Corp.
-
A vice president at Marubeni Power International has departed the Japanese sponsor’s New York office.
-
A vice president at Marubeni Power International has departed the Japanese sponsor’s New York office.
-
Terra-Gen has sealed financing from three banks for two development-stage wind projects it owns in California and Texas.
-
Algonquin Power & Utilities Corp. has agreed to acquire Abengoa’s remaining 16.47% stake in Atlantica Yield, a move that will bring the Canadian buyer's shareholding in the yield company to 41.47 %.
-
A fund managed by Ares-EIF is acquiring a majority stake in developer Conti Solar.
-
Ares-EIF and Starwood Energy Group Global are selling their majority stake in a transmission line that connects New Jersey with New York.
-
Residential solar finance company Mosaic has priced its first securitization of 2018 this week. The offering follows the recent departure of the firm's head of capital markets.
-
Eolica Mesa La Paz, a joint venture of Ener AB in and AES Corp., is prepping a $303 million bond issuance backing the construction of a wind project in Mexico.
-
Vistra Energy Corp. has closed its acquisition of Dynegy following a ruling by the Public Utilities Commission of Texas that the buyer did not need to divest 1,281 MW of generation in the state to proceed with the purchase.
-
Osaka Gas has acquired Michigan Power, a 125 MW cogeneration facility in Ludington, Mich., from Rockland Capital.
-
GE Energy Financial Services and The Ingelec Group have closed a $150 million debt deal to fund an expansion of their 139 MW Los Guindos gas-fired project in central Chile and refinance its existing debt.
-
Greenbacker Renewable Energy Co. has continued its recent acquisition spree, purchasing a 25.2 MW portfolio of Colorado community solar assets.
-
Longview Power has hired Houlihan Lokey as an adviser as it explores strategic options for its 700 MW coal-fired project near Maidsville, W.Va., including a potential refinancing of its senior secured debt.
-
An investment vehicle advised by Soros Fund Management has invested equity in Sunnova Energy Corp.
-
Fengate Real Asset Investments has signed a $100 million multi-year equity investment commitment with renewables developer Greengate Power Corp.
-
NextEra Energy Partners has signed a deal to sell its Canadian assets to a pension fund manager as the yield company looks to reinvest capital in the U.S. in the aftermath of December’s tax reform legislation.
-
Any action on President Donald Trump’s infrastructure plan will likely have to wait until after the 2018 midterm elections, but analyses and critiques of his proposals are set to continue uninterrupted straight through Election Day.
-
A Virgin Group subsidiary is considering its options for financing an approximately 50 MW wind project in Honduras.
-
Ormat Technologies has secured a $100 million loan from Israeli insurance company Migdal Group.
-
Canadian developer OYA Solar has sold a bundle of four community solar projects in Minnesota to NRG Energy.
-
A private equity firm has agreed to purchase two gas-fired units at GenOn Energy’s Canal facility in Massachusetts as the bankrupt NRG Energy subsidiary sheds assets as part of its restructuring.
-
A Canadian pension manager has agreed to acquire Leeward Renewable Energy, adding a 1.7 GW portfolio of largely-contracted wind projects to its pool of investments.
-
Troutman Sanders has hired a former Van Ness Feldman lawyer who specializes in hydro regulation as a partner in its Washington, D.C., office.
-
FirstEnergy Solutions has found buyer for a merchant coal-fired facility in PJM Interconnection in the form of a joint venture between a private equity firm and an independent power producer.
-
Spark Energy and its chairman have acquired a New York-based retail energy marketer with operations in several states located throughout the Northeastern and Midwestern U.S.
-
NorthWestern Energy is acquiring a 9.72 MW wind project in Montana with which it has a power purchase agreement.
-
Canadian Solar is selling a pair of solar projects in Brazil to subsidiary of a Spanish utility only six months after first acquiring them.
-
Macquarie Capital has sold minority stakes in its 907 MW Norte III gas-fired project in Mexico to two investment funds.
-
Canadian steel manufacturer Algoma has acquired a 55 MW cogeneration facility that will supply facilities it owns in Sault Ste. Marie, Ontario.
-
Delegates at the Euromoney Seminars 12th Annual Latin American Energy & Infrastructure Finance Forum in Miami Beach are keeping at least one eye on Latin America’s colorful political landscape, as a year of national elections and unfolding corruption probes promises to have a bearing on project financings and M&A deals.
-
A subsidiary of a New Jersey utility holding company has hired an investment bank to market a portfolio of commercial and industrial solar assets.
-
Rye Development, which owns hydro assets in several U.S. states, has appointed a new chief executive.
-
An investor group led by private equity firm Bernhard Capital Partners Management has purchased transmission business W.A. Chester from Exelon Corp.
-
Montana-Dakota Utilities is exercising its option to acquire a 48 MW expansion project at a North Dakota wind project from Allete Clean Energy.
-
Diamond Generating Corp. has agreed to purchase Boston Energy Trading and Marketing from NRG Energy in a $70 million deal.
-
AltaGas has called off its sale of two gas-fired projects in California and will instead seek to jettison other assets to finance its acquisition of utility holding company WGL Holdings.
-
Wells Fargo has finalized a $49 million tax equity investment in a Mississippi solar project.
-
GenOn Energy has found a private equity buyer for its 810 MW Hunterstown gas-fired project in Gettysburg, Pa.
-
As the Public Utilities Commission of Texas prepares to decide whether Vistra Energy will need to divest upwards of 1.2 GW of generation in Texas as a condition of its Dynegy acquisition, the buyer is weighing potential post-merger asset sales.
-
Convergent Energy and Power is acquiring a pair of energy storage assets from Rockland Capital, according to a Feb. 23 filing with the U.S. Federal Energy Regulatory Commission.
-
Project finance bankers are pinning their hopes on merger and acquisition activity to keep them busy this year, but they may have to wait a while for it business to pick up, say deal watchers.
-
A private equity firm has hired an adviser to sell its stake in a portfolio of hydro assets spread across the U.S.
-
Macquarie Infrastructure Corp. is weighing a sale of a New Jersey gas-fired asset.
-
A European energy company has swept in to acquire Infinity Renewables after the California-based developer called off an initial sale of the company in recent months.
-
An ArcLight Capital Partners portfolio company has agreed to purchase Avangrid Renewables’ gas storage business.
-
TransAlta Renewables is acquiring a pair of shovel-ready wind assets totaling 119 MW in two northeastern states.
-
An asset manager has scooped up SunPower Corp.’s minority stake in a 100 MW Nevada solar project that was once earmarked for the developer’s yield company.
-
Proposals to sell transmission assets owned by the Tennessee Valley Authority and the Bonneville Power Administration have appeared in President Donald Trump’s budget for fiscal year 2019 and in his administration’s infrastructure plan.
-
NextDecade, the company developing the Rio Grande LNG export project in Texas, has appointed a new chief executive.
-
A northeastern utility-scale solar developer is raising capital as it seeks to transform its business model by owning as well as developing projects, with the aim of amassing an up-to 1 GW portfolio.
-
PSEG Solar Source has acquired its sixth solar project in North Carolina from BayWa r.e.
-
A sale process for a U.S. renewables developer with a wind-heavy portfolio has been tabled, PFR has learned.
-
Alberta Investment Management Corp. is taking 49% stakes in approximately 145 MW of wind assets Enel Green Power North America is developing in Canada.
-
Goldwind has appointed a replacement for David Halligan,the turbine manufacturer's former Americas ceo who is launching a new company, Datawatt Energy.
-
E.On has sealed tax equity commitments from two investors for a 228 MW wind project in southern Texas.
-
Sempra Energy’s proposed $18.8 billion acquisition of Energy Future Holdings Corp. took a step forward early this month as the last of ten intervenors named in Texas’ state regulatory approval process signed off on the deal.
-
A northern partnership seeking to link Canadian hydro projects to the U.S. grid has emerged as the preferred bidder in a request for proposals in New England, as a Louisiana utility moves ahead with its plan to add more renewables to its fleet.
-
Goldwind Americas ceo David Halligan is stepping down from his position to launch a new business that will focus on distributed generation.
-
NextEra Energy’s yield company is weighing the sale of its Canadian assets with a view to reinvesting the proceeds in the U.S.
-
Ormat Technologies is growing its generation portfolio, having agreed to acquire developer U.S. Geothermal in a $109.9 million transaction.
-
Bank of America Merrill Lynch has emerged as the tax equity investor in the 24.9 MW Shoreham Commons solar project on a former gold course on Long Island that Duke Renewable Energy is in the process of acquiring.
-
A Quinbrook Infrastructure Partners fund has closed its purchase of a 223.5 MW portfolio comprising six older wind assets in three U.S. states that it plans to repower.
-
A Basalt Infrastructure Partners fund has acquired a stake in a generation portfolio owned by DCO Energy. In a separate deal, the two entities have wrapped the joint purchase of a Michigan biomass facility.
-
A fund managed by Quinbrook Infrastructure Partners has wrapped a debt and tax equity financing for a 200 MW wind project in Oklahoma.
-
Royal Dutch Shell has agreed to acquire a 43.83% stake in Silicon Ranch Corp. from one of its backers, a Swiss private equity firm, making the Anglo-Dutch oil and gas giant the solar developer’s largest shareholder.
-
A Cincinnati-based regional bank has arranged a $60 million loan for Greenbacker Renewable Energy, the New York-based renewables firm that has ramped up its acquisition activity in recent months.
-
Lincoln Clean Energy has lined up financing for a wind project it is developing in Lynn County, Texas.
-
Las Vegas-based utility NV Energy is explicity inviting bidders to propose generation-plus-storage projects for the first time in its latest request for proposals, under which it is seeking up-to-330 MW of renewables in its home state.
-
Invenergy Renewables has sought regulatory approval for the sale of its 2 GW States Edge wind project in the western Oklahoma Panhandle—part of a larger project known as Wind Catcher—to two subsidiaries of American Electric Power.
-
Having closed a series of three acquisitions of small utility-scale U.S. renewables projects toward the end of last year, Greenbacker Renewable Energy has lined up another deal to buy a portfolio of operational solar assets in Colorado and California.
-
A fund managed by Rockland Capital is acquiring a portfolio of gas-fired and oil-fired facilities in PJM Interconnection from an AES Corp. subsidiary.
-
Clean Focus Yield, a development-focused U.S. subsidiary of Taiwanese solar module and cell manufacturer Neo Solar Power Energy Corp., has acquired U.S. developer Greenskies Renewable Energy.
-
Tradewind Energy has agreed to sell a development-stage wind project in Iowa to a local utility company, following a similar deal announced last month.
-
Duke Energy Renewables has lined up a tax equity investor for a solar project on Long Island that it is in the process of acquiring from Invenergy.
-
Japanese energy company Kyushu Electric Power Co. is purchasing an equity stake in a combined-cycle gas-fired project that Ares-EIF is constructing in Pennsylvania.
-
The Canada Pension Plan Investment Board and Voltorantim Energia, a subsidiary of São Paulo-based Voltorantim Group, have launched a joint venture focusing on Brazilian generation assets—and lined up its maiden acquisitions.
-
Canadian gas distribution company Enbridge is conducting a strategic review of its onshore renewable facilities and plans to cut down its green portfolio by a third within the next two years.
-
The Salt River Project is preparing to issue a request for proposals in January to procure 100 MW of renewables as part of a plan to offer commercial and industrial clients greener energy.
-
LS Power has closed its purchase of several units of four Pennsylvania gas-fired projects and priced a private placement to finance its acquisition of a stake in a pumped-storage hydro project in Virginia.
-
U.S. Geothermal has reached a deal to take full ownership of the 13 MW Raft River geothermal project in Idaho by acquiring Goldman Sachs’ minority stake in the facility.
-
A company backed by Australian asset manager Blue Sky Alternative Investments and individual investor Randolph Mann, known as Randy, has acquired a bundle of battery storage projects from Powin Energy Corp.
-
A Midwestern utility holding company is selling a 54.7% stake in a 650 MW coal-fired plant in western Texas.
-
New England-based distributed energy finance shop Constant Energy Capital has hired a commodities trader at the managing director level and is preparing to make a mid-level hire within the next year.
-
Solar Alliance Energy, a subsidiary of Finavera Wind Energy, has agreed to sell several wind assets in British Columbia to Concord Green Energy in a $1.4 million deal.
-
BlackRock entered into an agreement to acquire EverPower Wind Holdings on Nov. 22, according to a filing with the U.S. Federal Energy Regulatory Commission.
-
An industry outsider with experience at a a recreational aircraft startup and a snowmobile company has joined Sunrun as chief operating officer.
-
Calpine Corp. is repricing three senior secured term loan Bs totaling about $2.6 billion.
-
A private equity firm has agreed to acquire the majority of IC Power’s generation assets through the purchase of its Latin American subsidiary Inkia Energy.
-
Former Panda Power Funds cfo Alison Zimlich has joined the c-suite of one of a transmission-focused Blackstone Group portfolio company.
-
Exelon Corp. increased the size of a term loan B offering it priced last week to finance a portfolio of renewable assets in the U.S.
-
Sky Solar Holdings is acquiring three shovel-ready solar assets in central Chile from Italian renewables developer Renergetica.
-
New York-based private equity firm LS Power has negotiated the sale of a combined-cycle gas-fired project in South Carolina to a local utility.
-
The first person to walk to both the North and South poles is returning to the Antarctic, this time with his progeny—and some solar panels—in tow.
-
Asset manager Tennenbaum Capital Partners is seeking regulatory approval to increase its stake in a West Virginia coal-fired plant.
-
An Australian investment manager has agreed to acquire a nearly 250 MW portfolio of contracted U.S. wind assets in what is slated to be its second major North American acquisition in a year.
-
Three Wisconsin utilities are acquiring an Invenergy wind project they have offtake agreements with.
-
A bank duo is seeking regulatory approval to invest tax equity in a pair of wind projects, suggesting that project finance deals are moving forward despite uncertainty around the potential impact of tax reform, which deal watchers say could affect the bidding in several live sale processes for wind assets.
-
Bank of America Merrill Lynch and JP Morgan are investing tax equity in a wind project supported by a power hedge that is under development in Minnesota.
-
Con Edison Development has acquired a 25 MW wind project in Montana from BayWa r.e. Wind.
-
Exelon Corp. launched a $750 million term loan B backing an almost 1.8 GW U.S. renewables portfolio on Nov. 3, offering investors a rare "new money" deal during a period dominated by repricings and refinancings.
-
Morgan Stanley is arranging a $750 million term loan B backing a 1,791 MW portfolio of wind, solar and biomass assets owned by Exelon Corp.
-
American Power Ventures has launched an equity raise for its 1,020 MW Renaissance gas-fired project in Pennsylvania, with two investment banks advising on the deal.
-
Nautilus Solar Energy has added 5.4 MW of community solar to its fleet by acquiring a portfolio of assets in Massachusetts from Clean Energy Collective.
-
TerraForm Power has increased the size of its term loan B by $50 million to $350 million and tightened the pricing during execution.
-
NRG Yield has bought a 38 MW distributed solar portfolio from its sponsor and added a utility-scale project in Texas to its right of first offer.
-
Algonquin Power & Utilities Corp. is teaming up with Abengoa to create a joint venture as it moves to acquire the bulk of the Spanish sponsor’s shareholding in Atlantica Yield.
-
A Berkshire Hathaway Energy subsidiary is acquiring a wind asset that Tradewind Energy is constructing in Iowa.
-
An established joint venture between two Japanese utility companies is acquiring a 50% equity interest in the six-unit Linden Cogeneration gas-fired project in Union County, N.J.
-
Morgan Stanley is sole bookrunner on two term loan B repricings that launched at the end of October for power sector borrowers, as they chip away at their coupons.
-
Vistra Energy has entered into an agreement to acquire Dynegy through an all-stock transaction.
-
NextEra Energy Resources is dropping down a 691 MW contracted renewables portfolio comprising three wind projects and a stake in a solar asset into its yield company, NextEra Energy Partners.
-
Cheap debt and the ticking clock strapped to federal tax credits could well bolster wind project development over the next year, said financiers at the American Wind Energy Association’s Wind Energy Finance & Investment Conference 2017 on Oct. 25 and 26.
-
A German developer has begun talks with several financial institutions as it prepares to raise capital for its first wind projects in the U.S.
-
SolarCity is readying its second solar ABS transaction of 2017, a $340 million deal backed by residential rooftop solar leases and power purchase agreements.
-
TransCanada Corp. is selling its solar assets in Ontario to a fund managed by Axium Infrastructure.
-
RBC Capital Markets is arranging a $300 million term loan B for TerraForm Power.
-
A Californian biomass developer is narrowing down a field of potential buyers of a majority stake in a portfolio of development-stage assets in its home state.
-
Hot on the heels of a tightly-priced asset-backed securitization from Mosaic, Tesla-owned SolarCity is readying its second ABS issuance this year.
-
Pattern Development has mandated a group of banks to raise debt for the 300 MW Henvey Inlet wind project in Canada and plans to seal the financing by the end of the year.
-
A number of project finance deals backing greenfield gas-fired combined-cycle facilities are likely to be launched in the fourth quarter following a slowdown in new-build financing in the U.S., financiers tell PFR.
-
Some of the power finance world’s fresher faces gathered at CohnReznick Capital’s offices in New York’s Credit Lyonnais Building on Oct. 12 for Juniors in Energy Finance's inaugural “30 Under 30” presentation event.
-
AEP Ohio has issued a request for proposals for up to 400 MW of solar generation in the state.
-
Mosaic sold a solar loan securitization at tight spreads on Wednesday, as investors report that the market for solar and Property Assessed Clean Energy (PACE) is turning into a food fight amid heavy demand and low supply.
-
U.S. Bank has closed a tax equity investment in two Capital Dynamics solar projects in California.
-
A South Korean entity is in talks to acquire two contracted, development-stage biomass facilities in the southeastern U.S., a person familiar with the investor's strategy tells PFR.
-
Dominion Energy Virginia has issued a request for proposals for 300 MW of solar and wind generation in the state.
-
A Chinese company agreed to acquire a 300 MW portion of Recurrent Energy’s operational California solar portfolio on Oct. 11.
-
Eversource's 1.2 GW New Hampshire generation portfolio is set to be sold in two portions following an auction process that was launched at the beginning of the year.
-
NTE Energy has taken bids from potential debt providers for a contracted gas-fired project under development in North Carolina, deal watchers tell PFR.
-
Beal Bank has requested regulatory permission to take possession of the 965.4 MW La Paloma merchant gas-fired project in McKittrick, Calif., on behalf of its creditors.
-
New Energy Solar has agreed to acquire 14 solar projects in two U.S. states from Cypress Creek Renewables.
-
New Energy Solar has secured a more-than-$80 million debt package to finance two solar assets in California and provide capital for future acquisitions.
-
Renewable finance shop CleanCapital has appointed a capital markets professional with experience on both the buy and sell-side to structure and execute transactions.
-
Two financial institutions are investing tax equity in a 298 MW wind project that has an offtake agreement with Anheuser-Busch.
-
The relative sizes have emerged of tax equity investments by Bank of America Merrill Lynch and JP Morgan in a 300 MW wind project that Enel Green Power North America is constructing in Missouri.
-
Two U.S.-based banks have agreed to invest tax equity in three wind projects owned by NextEra Energy Resources.
-
Atlantic Power Corp. is set to reprice its term loan B for the second time this year, following an recent upgrade from Moody's Investors Service.
-
A sponsor is looking to sell a portfolio of three development-stage, utility-scale solar projects in Texas with a combined capacity of 460 MW.
-
TransAlta Renewables has priced an approximately C$260 million ($208 million) bond to partially finance the construction of an expansion to an existing wind project in Canada.
-
Allianz Renewable Energy Partners of America and Bank of America Merrill Lynch have requested regulatory approval to expand their tax equity collaboration through an investment in a 305.8 MW wind project in Illinois.
-
John Laing Group has completed its third investment in a U.S. wind asset, acquiring a majority stake in the 149 MW Rocksprings facility in Val Verde County, Texas, from Akuo Energy.
-
An energy infrastructure asset management firm has bought a 37 MW distributed generation portfolio from a solar development company.
-
An insurance group partly owned by Goldman Sachs is consolidating its holdings of three solar projects it co-owns with Centaurus Capital.
-
Pattern Development is planning to sell its soon-to-be increased stake in a New Mexico wind project to its yield company.
-
Canadian Solar is in talks to split a 535 MW operational project portfolio in California between several buyers, including an Asian utility company, following an auction that took place earlier this year.
-
JLM Energy has closed a $25 million loan to develop commercial and industrial solar-plus-storage projects.
-
A newly created subsidiary of Hawaiian Electric Industries has agreed to purchase an oil-fired project on Hawaii’s Big Island from ArcLight Capital Partners, a deal hatched after an earlier attempt at a direct acquisition by HEI subsidiary Hawaii Electric Light Co. was vetoed by state regulators.
-
SunEdison is selling a wind project duo to Longroad Energy, which was founded and is run by former executives of the company that originally developed the projects, First Wind.
-
A Texas developer is looking to raise $300 million of debt and equity to finance a combined cycle gas-fired project in the state, PFR has learned.
-
Olympus Power has agreed to sell a 30 MW waste coal-fired project in Pennsylvania coal country.
-
Canadian Solar is selling a majority stake in a contracted 73 MW solar project in North Carolina to an Italian renewables developer that is diversifying its geographic footprint.
-
An auction for a portfolio of coal-fired, fully-contracted projects is drawing to an end, say deal watchers close to the deal.
-
The fact that the Suniva 201 trade case is now moving to the remedy phase has the potential to slow or stop solar projects in the works, write John Marciano, Shana Hofstetter and Greg Lavigne of Akin Gump Strauss Hauer & Feld.
-
Discussions on solar-plus-storage outshone talk on other emerging technologies at the 12th Annual North American Energy and Infrastructure Finance Forums in New York, but lenders are at various stages on the road to financing such projects.
-
The Blackstone Group modestly increased the size of a term loan B backing its equity investment in a 715-mile natural gas pipeline owned by Energy Transfer Partners on Thursday, having tightened pricing in response to strong demand.
-
A developer has hired a financial adviser to raise debt for a 370 MW combined-cycle gas-fired plant in Texas, PFR has learned.
-
PFR has learned the identity of the investment bank advising Pacific Gas & Electric on the sale of a portfolio of two run-of-the-river hydro projects.
-
Pacific Gas & Electric has hired an investment bank to run an auction for the sale of the 25.8 MW DeSabla-Centerville hydro project in northern California.
-
Tortoise Energy Infrastructure Fund has acquired a 33 MW portfolio of commercial and industrial solar projects in New York state from Kenyon Energy and its affiliate, Sun Financial.
-
Tiger Infrastructure Partners and Agate Power have announced the acquisition of an operational peaker on the Hudson River.
-
An individual investor has acquired the 55 MW Carson gas-fired project in Los Angeles County, Calif., from a private equity-backed vehicle.
-
Pattern Development is acquiring an approximately 50% stake in an Avangrid Renewables wind project in the southwestern U.S. that will be financed with tax equity from three banks.
-
The competition between lenders and tax equity providers has heated up as new entities look to invest in the solar sector and the number of projects available for financing lesson.
-
Capital Dynamics has added two shovel-ready projects totaling 28 MW (DC) to a portfolio that has swelled this year as the firm snapped up more than 800 MW of assets.
-
Morgan Stanley is arranging a term loan B backing The Blackstone Group's acquisition of a stake in Energy Transfer Partners’ 715-mile Rover international natural gas pipeline.
-
Goldman Sachs has hired an former senior staffer at SunEdison and TerraForm Power.
-
NRG Energy has received first-round bids for its renewable businesses, conventional assets and yield company, PFR has learned.
-
An investment vehicle managed by Harbert Management Corp. is acquiring interests in two wind projects owned by Enel Green Power North America.
-
A San Francisco-based renewables-focused private equity firm has acquired a portfolio of community solar projects in Massachusetts and financed it with a project bond and tax equity.
-
Solar finance company Mosaic has agreed to sell $300 million of loans for residential rooftop solar systems to Goldman Sachs.
-
Connor, Clark & Lunn Infrastructure and CarbonFree Technology have acquired part of a 65 MW portfolio comprising 15 utility-scale solar projects in Chile and plan to close the purchase of the remaining assets in the coming months.
-
A municipal utility in Florida is acquiring a 100 MW biomass project from a group of investors including private equity firms Starwood Energy Group Global and Tavistock Group.
-
Tenaska has closed a refinancing of its 150 MW Imperial Solar Energy Center West project in California through a private placement.
-
An LS Power owned fund has knocked $100 million off the purchase price for a 1,615 MW portfolio of generation assets it is acquiring from two FirstEnergy subsidiaries.
-
Duke Energy Florida is planning to procure 700 MW of solar generation as part of a four-year plan in the Sunshine State.
-
Greenwood Energy has closed a $52.8 million debt and tax equity financing for a 26 MW portfolio of utility-scale solar assets.
-
ReneSola has agreed to sell a 24 MW solar portfolio in North Carolina to Panda Green Energy Group, having announced several other divestitures earlier this year.
-
A former Morgan Stanley Commodities banker has joined a Colorado-based solar developer as executive vice president and head of origination and project finance.
-
The LNG export terminals being built in Texas and Louisiana have so far not experienced major damage due to Hurricane Harvey, says Fitch Ratings.
-
Great Plains Energy and Westar Energy have taken the first steps in their second attempt at a merger, filing for approval of the renegotiated deal with the Kansas Corporation Commission.
-
Xcel Energy plans to issue a request for proposals for up to 2.4 GW of generation from gas-fired, wind and solar projects, as part of its proposed energy plans for Colorado.
-
Northern States Power Co., a subsidiary of Xcel Energy, is acquiring a biomass plant with which it has a power purchase agreement with a view to retiring it.
-
The Rocky Mountain Institute has hired a former assistant secretary for energy of the U.S. Air Force as a managing director to run its corporate renewable procurement group.
-
Three former executives at Venture Global LNG have founded a U.S.-based international investment firm with a focus on infrastructure.
-
ArcLight Capital Partners is acquiring equity interests in two operational wind projects in Idaho that were originally financed in 2010 and 2011.
-
Odebrecht Latinvest has lined up a buyer for its 456 MW Chaglla hydro project in Peru.
-
Clean Line Energy Partners' proposed Grain Belt Express transmission line has faced a setback after Missouri state regulators vetoed the project.
-
Australian renewables developer BlueNRGY Group has entered into a letter of intent to acquire Green States Energy, which owns an 18.7 MW (DC) portfolio of solar assets in Massachusetts, New Mexico and North Carolina.
-
Tyr Energy has wrapped financing for its 1 GW Hickory Run project in Lawrence County, Pa.
-
A global asset manager has closed debt and tax equity financing for two utility-scale projects, which it recently added to its burgeoning portfolio of solar assets.
-
Goldman Sachs is providing a tax equity investment for a solar project under development in California that D.E. Shaw recently acquired from First Solar.
-
Sempra Energy has announced that it has agreed to acquire Energy Future Holdings Corp., the majority owner of Oncor Electric Delivery Co., trumping Berkshire Hatherway Energy’s offer to buy the company.
-
A subsidiary of Allianz and MUFG are investing in tax equity associated with an Enel Green Power North America wind project in Oklahoma.
RECENT ARTICLES
Recent Articles |
|