Hydro
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Centrais Elétricas de Santa Catarina (Celesc) has landed financing from Brazilian development bank BNDES.
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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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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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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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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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Ocean Power Technologies’ corporate controller, treasurer, and principal accounting officer, Joseph DiPietro, has left the company, PFR has learned.
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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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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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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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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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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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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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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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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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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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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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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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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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Energy and storage provider FirstLight has signed a 5-year power purchase agreement (PPA) with the Massachusetts Municipal Wholesale Electric Company (MMWEC) to provide 14 state municipal utilities with 69GWh of hydropower.
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