Investment Managers
-
Crow Holdings, a Texas-based real estate investment and development firm, is launching a renewable energy business, Crow Holdings Renewables.
-
Voya Investment Management, the asset management business of Voya Financial, has reached first close on an infrastructure debt fund that is focused on renewables project financing.
-
The Chilean subsidiary of AES Corp has found a new buyer for its 50% stake in the 764 MW Guacolda coal-fired power plant in Atacama.
-
Engie Energia Chile, a subsidiary of France's Engie, has signed a four-year renewable energy supply agreement with Chilean wastewater treatment firm Tratacal.
-
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.
-
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.
-
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.
-
Argentinian independent power producer Stoneway Capital Corp. has a new owner after missing debt amortization payments due in early March.
-
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.
-
British asset manager NextEnergy Capital has announced the acquisition of a 36.1 MW (DC) solar project in Mexico.
-
IEnova, a subsidiary of Sempra Energy, has announced it will make its final investment decision on the addition of liquefaction facilities to the Energía Costa Azul (ECA) LNG terminal in Mexico by March of this year.
-
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.
-
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.
-
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.
-
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.
-
ArcLight Capital Partners has agreed to sell a gas-fired asset in Arizona with a capacity of almost 600 MW.
-
Fengate Real Asset Investments has hired a former Skadden project finance lawyer as chairman of its U.S. infrastructure unit, Fengate Capital Management.
-
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.
-
A European infrastructure investment firm has tapped a former Ares-EIF partner to join its New York office as managing director.
-
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.
-
Macquarie Capital has sold minority stakes in its 907 MW Norte III gas-fired project in Mexico to two investment funds.
-
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 managing director at Macquarie Capital has moved from London to New York to take up the position of head of clean energy in North America.
-
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.
-
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.
-
Alberta Investment Management Corp. is taking 49% stakes in approximately 145 MW of wind assets Enel Green Power North America is developing in Canada.
-
Renewables-focused brokerage and advisory firm Karbone is expanding, having acquired another New York boutique’s advisory business as it lays roots in a new city.
-
The owner of a five-and-a-half-year-old wind project in Idaho and its tax equity investor are selling the facility to its offtaker under the terms of its pre-paid power purchase agreement.
-
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 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.
-
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 owned by three individual investors is doubling its stake in an approximately 850 MW portfolio of gas-fired projects, growing its ownership interest to over 99%, according to a filing with the U.S. Federal Energy Regulatory Commission.
-
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.
-
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.
-
Marc Groves-Raines is taking over as head of Allianz Capital Partners’ London-based renewables group, which inked a string of U.S. tax equity deals in 2016.
-
Former Panda Power Funds cfo Alison Zimlich has joined the c-suite of one of a transmission-focused Blackstone Group portfolio company.
-
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.
-
A renewables-focused Australian investment manager is close to selecting a tax equity investor for a recently-acquired wind project in the U.S.
-
A private equity firm has agreed to acquire Ares-EIF’s interests in a portfolio of coal-fired assets, as well as an additional stake in one of the projects that is held by a high-profile individual on the Forbes 400 list of the wealthiest Americans.
-
APG Asset Management, a subsidiary of Dutch pension manager Stichting Pensioenfonds ABP, announced this week that it has invested approximately €330 million ($384 million) of equity into a three-project portfolio in the western U.S.
-
TransCanada Corp. is selling its solar assets in Ontario to a fund managed by Axium Infrastructure.
-
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.
-
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.
-
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.
-
Tiger Infrastructure Partners and Agate Power have announced the acquisition of an operational peaker on the Hudson River.
-
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.
-
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.
-
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 subsidiary of Allianz and MUFG are investing in tax equity associated with an Enel Green Power North America wind project in Oklahoma.
-
The Caisse de depot et placement du Quebec, fresh from an acquisition of additional shares in Boralex that made it the independent power producer’s largest shareholder, could potentially seek to merge the company with Innergex Renewable Energy, according to an analyst report circulated this week.
-
AES Corp. and Alberta Investment Management Corp. closed their acquisition of sPower on July 25, taking over Fir Tree Partners’ interest in the renewables company.
-
Caisse de dépôt et placement du Québec has acquired a 17.3% interest in Canadian developer Boralex.
-
A bunch of SunEdison assets have changed hands in the same week that the company sought to finalize its plan to exit bankruptcy.
-
The chief investment officer of Brookfield Renewable Partners' North American platform has announced that he is departing the firm.
RECENT ARTICLES
Recent Articles |
|