Renewables
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AES Andes has received the greenlight from Chile’s Environmental Evaluation Service to proceed with a $800 million hybrid project.
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US-based LS Power has reached final close on its fifth power and energy fund at $2.7 billion, above a $2.5 billion target.
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The Superintendency for the Development of the Northeast (Sudene) has released R$267 million ($49m) to finance renewable projects in Brazil.
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YPF Luz has signed a memorandum of understanding with McEwen Mining to exclusively supply renewable energy to a mining project in Argentina.
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Spanish renewable energy-focused investment platform Qualitas Energy is looking to finance a portfolio of renewable assets in Chile, PFR understands.
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Brazilian fuels distributor Vibra Energia has entered an agreement to acquire the remaining shares in energy generation and trading company Comerc Energia.
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Scout Clean Energy has hired Kris Cheney as chief development officer. Prior to this role Cheney spent 15 years at EDP Renewables North America.
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Fundraising for infrastructure funds globally was challenging in H1 2024, with data from sister publication IJInvestor revealing that $57.85 billion was raised by 40 funds that hit final close. North America-focused funds too have not been popular among investors over the last 2 half years, representing just 11% of capital raised.
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Distributed clean energy company Onyx Renewables has hired former Scout Clean Energy executive Eileen Stone as senior vice president (SVP) of M&A.
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YPF Luz has signed a power purchase agreement with telecommunications company Claro in Argentina.
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Infrastructure and construction company HYCSA Group is launching an energy and sustainability division, HYCSA Green Capital, operating in Mexico.
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LS Power has agreed to acquire the renewable energy business of Algonquin Power & Utilities for a total consideration of up to $2.5 billion, excluding debt.
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Renewables developer Genneia has inked a power purchase agreement with industrial food manufacturer Molino Argentina for renewable power in Argentina.
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EDP Renewables North America has secured a sale-leaseback transaction with the City of Blytheville, Arkansas for a solar project and its associated interconnection equipment, PFR understands.
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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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Beel Infrastructure has requested an equity investment of up to $30 million equivalent in MXN from the International Finance Corporation (IFC).
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The infrastructure arm of Goldman Sachs Alternatives has made a $440 million investment into US renewable energy platform BrightNight.
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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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Joseph Luca, vice president of infrastructure and power finance at Nomura, has joined Apollo-backed Apterra Infrastructure Capital, PFR has learned.
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ArcLight Infrastructure Partners has launched the renewables-focused investment platform SkyVest Renewables, providing $500 million in capital commitment.
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The Inter-American Development Bank (IDB) has approved to disburse $600 million to finance the energy transition and promote private investments in Ecuador.
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Essentia Energia, through its subsidiary Infraestrutura Brasil Holding XX, has raised R$150 million ($27m) in debentures.
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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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Chile’s state-owned mining firm Codelco has secured a $532 million climate financing to transition to a renewable energy matrix.
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The $300 million business combination between One Power Company and special purpose acquisition company (SPAC) Tortoise Ecofin Acquisition Corp. III has been halted, resulting in SPAC company de-listing on the New York Stock Exchange (NYSE).
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IDB Invest and the Green Climate Fund (GCF) are partnering to support resilient infrastructure investments in the Caribbean region.
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Mexico’s renewables market had been described by some industry professionals as at “rock bottom” but with a change at the political top the market is bracing for a rebound.
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ACP Capital Markets has hired former Bank of America managing director Asit Sen as head of its energy transition and industrial decarbonisation team.
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Pacifico Energy has hired Los Angeles-based Leon Persaud as managing director to focus on alternative investments within the renewable energy and sustainable infrastructure sectors.
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Mining company Codelco has launched a renewables power procurement process in Chile.
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M&A and tax advisory firm Leo Berwick has launched its infrastructure, renewables and energy transition financial advisory group, led by former Deloitte partner Colin Schmidt.
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Renewables developer Auren Energia has concluded its acquisition of energy trading company Esfera Energia.
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Power generation company Celepsa has landed a $100 million sustainability-linked loan to support the development of renewable energy in Peru.
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Distributed US solar asset owner and operator Spruce Power has hired Richard DiMatteo as senior vice president, head of Spruce Pro.
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Brazilian renewables developer 2W Ecobank has appointed Ricardo Levy as chief executive officer.
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The tax equity market was changed forever with the introduction of the Inflation Reduction Act (IRA). As the last of the guidelines for these renewables tax breaks – specifically transferability rules – are ironed out the market has already found innovative ways to take advantage of the new regime.
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US-based bitcoin mining company CleanSpark has merged with data centre company GRIID in an $155 million all-stock transaction.
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Corporación Interamericana para el Financiamiento de Infraestructura (Cifi) has issued a series of green bonds totalling $10 million to finance renewable projects in Latin America.
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Nuclear Fuels has appointed Gregory Huffman as chief executive officer, president and director, effective immediately.
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The UK's Octopus Energy Group has continued to push into North America with the hire of Nick Chaset as executive vice president.
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State-owned power and telecommunications provider Instituto Costarricense de Electricidad (ICE) has signed a letter of interest for financing from the European Investment Bank (EIB).
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Iberdrola has signed a PPA to supply renewable power to food and beverage manufacturer Millfoods in Mexico.
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Actis has launched energy platform Orygen in Peru following the company’s acquisition of Enel’s Peruvian generation business.
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Strategic Value Partners (SVP) and EverGen Power have launched a partnership to invest in North American natural gas generation.
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Brazilian renewables developer Serena Energia (formerly Omega Energia) is issuing R$400 million (74m) in debentures.
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Brazil’s competition regulator CADE has approved the sale of AES’s Brazilian portfolio to renewables developer Auren Energia.
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Middle-market infrastructure investor Tiger Infrastructure Partners is to acquire fully-integrated energy-as-a-service platform Unison Energy.
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Oil and gas company Ultragaz has acquired a majority stake in renewable energy services and commercialisation platform Witzler Energia.
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PEI Global Partners has hired Eric Berlinger, the former head of US renewables and energy transition at RBC Capital Markets, as the managing director of its investment banking team in New York.
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Clean Power Alliance (CPA), the California electricity provider, has issued an RFO for energy generation and storage to meet its portfolio needs and achieve compliance with California Public Utilities Commission (CPUC) procurement orders and resource adequacy requirements.
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Renewables business Primary Energy has tapped Apterra Infrastructure Capital for the refinancing of its platform, PFR has learned.
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Brazilian development bank BNDES has signed agreements with China Development Bank and the Asian Infrastructure Investment Bank (AIIB) to finance sustainable projects in Brazil.
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YPF Luz, the power generation arm of YPF, is planning to issue up to $50 million in bonds in Argentina.
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The Canada Pension Plan Investment Board (CPPIB) has named 3 regional heads to cover Europe and North America for its sustainable energies team.
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The Saudi Fund for Development (SFD) has signed an agreement with the government of El Salvador to finance a biogas power plant.
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Brazilian utility Copel has hired Rodolfo Lima to head its energy trading and commercialization business.
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Renewables developer Auren Energia has agreed to acquire energy trading company Esfera Energia.
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Turlock Irrigation District (TID) has issued a request for proposals to offtake renewable energy and storage in California.
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The investment team behind the Aegon Climate Capital strategy at Aegon Asset Management has launched CurvePoint Capital, an independent firm dedicated to advancing climate finance.
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One Energy Enterprises has sold additional shares of its Series A convertible preferred stock, bringing the company’s fundraising to more than $35 million.
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Chile’s Ministry of Energy and Mines has signed a Memorandum of Understanding (MoU) with the Republic of Korea’s Energy Agency to cooperate on renewable energy.
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Brazilian sugar, ethanol and renewable power producer Grupo Zilor has requested financing from the International Finance Corporation (IFC) for the expansion of 1 of its plants.
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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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Large-scale, US-based renewables EPC business Signal Energy is up for grabs with the sale process launched last week.
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Brazilian utility Alupar has signed a power purchase agreement to supply renewable energy to São Paulo-based real estate company JFL Living.
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Adapture Renewables has made several additions to its team, including Donald Brown as general counsel.
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Power generation company Pacific Hydro has renewed a power purchase agreement (PPA) with mining company Codelco.
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AES has agreed to sell its Brazilian portfolio totalling 5.2GW of capacity to renewables developer Auren Energia.
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Renewables developer Genneia has inked a power purchase agreement with PVC and polymers producer Grupo Princz-IPASA in Argentina.
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Brazilian renewable developer 2W Ecobank is evaluating a proposal to sell a controlling stake in the company.
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Aiga Capital Partners has raised $208 million for its inaugural climate fund, surpassing the halfway mark towards its $400 million target.
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Spanish clean energy-focused fund manager Qualitas Energy has closed on its controlling stake in Heelstone Renewable Energy from Ares Management for around $850 million, PFR has learned.
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KKR and Hannon Armstrong Sustainable Infrastructure Capital (HASI) have partnered on a $2 billion investment vehicle for sustainable infrastructure projects.
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Brazil is already the leader in the energy transition. The country’s power matrix stands out in its composition with close to 90% coming from renewable sources including hydroelectricity. Yet, growth opportunities remain vast in the renewable sector and beyond. According to the Brazilian Association of Infrastructure and Base Industries (ABDIB), Brazil is looking to bridge a $50 billion a year gap in infrastructure investments.
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Independent power producer Atlas Renewable Energy has hired Carlos Freitas as chief financial officer, based in Miami, US.
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Great Bay Renewables has appointed Peter Leahey as its chief financial officer and Josh Levine as chief commercial officer.
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Clean power developer Vesper Energy has appointed co-founders Mark Rostafin and Juan Suarez as co-chief executive officers.
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Tax credit transfer platform Crux Climate has secured a partnership with the American Clean Power Association (ACP), connecting more than 800 CPA members to its platform.
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Brookfield Asset Management – alongside Brookfield Renewable – and Microsoft have signed a global renewable energy framework agreement to meet the technology company’s sustainability goals.
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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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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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Ocean Power Technologies’ corporate controller, treasurer, and principal accounting officer, Joseph DiPietro, has left the company, PFR has learned.
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NextEnergy Capital’s fifth fund has raised $745 million, nearing half of its $1.5 billion target.
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Enel Brasil is planning to invest R$18 billion ($3.5 billion) for the period 2024-2026 in order to better its services in the country.
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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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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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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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Renewable energy executives – speaking at S&P Global Power Markets – are downplaying the political risk of the November US election on the nation’s energy transition.
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Atlas SP Partners has backed Energy-as-a-Service company Redaptive with a $225 million warehouse financing facility.
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Power generation company Engie Energía Chile has issued $500 million in green bonds on international markets.
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Octopus Energy has signed an agreement with Brazilian utility Grupo Energisa to support renewable generation development in the country.
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IDB Invest and the US International Development Finance Corporation (DFC) are partnering to finance projects across renewables and infrastructure sectors in Latin America.
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Chinese multinational State Grid (SGCC) plans to invest R$200 billion ($39.4bn) in the Brazilian electricity sector following its victory in Brazil's largest power transmission auction.
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International capital is heading to US renewables at what many in the space are calling “record breaking” pace.
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Renewables focused-asset manager Greenbacker Capital Management (GCM) has expanded its team with the hire of Evan Sherman as head of real estate acquisitions.
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Brazilian development bank BNDES and the French Development Agency (AFD) have signed an agreement to raise around R$1 billion ($200m) for green and sustainable infrastructure projects in the legal Amazon, North and Northeast regions of Brazil.
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Renewable energy and decarbonisation platform Origis Energy has promoted Vikas Anand to chief executive.
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Clean power developer Leeward Renewable Energy (LRE) has appointed Nate Graham as chief technology officer.
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Latin American asset manager Patria Investments is launching an energy trading and commercialisation platform in Brazil.
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IDB Invest has issued 2 sustainable bonds in local currency to support renewable energy and infrastructure projects in Latin America.
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Renewable developer Genneia has inked a power purchase agreement (PPA) with Shell in Argentina.
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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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Renewable developer Serena Energia (formerly Omega Energia) is planning a secondary share offering in Brazil.
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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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The Development Bank of Latin America and the Caribbean (CAF) has obtained a $100 million credit line extension co-financed by the Japan Bank for International Cooperation (JBIC).
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Already one of the cleanest energy mixes in the world, Latin American policy makers continue to push for ambitious net-zero targets. Renewables already generate 60% of the region’s electricity, twice the global average, with no shortage of sponsors looking to take advantage of some of the globe’s best renewables resources.
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Brazilian development bank BNDES and the Asian Infrastructure Bank (AIIB) have signed an MoU to deepen cooperation on providing sustainable finance in Brazil.
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Spanish utility Iberdrola has submitted a non-binding offer to buy the remaining 18.4% of its US subsidiary Avangrid for $2.5 billion, aimed at taking over the entire company.
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Mining company Codelco has awarded several long-term power purchase agreements (PPA) in Chile.
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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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Colorado utility Mountain Parks Electric (MPE) has inked a 20-year power sales agreement (PSA) with wholesale power provider Guzman Energy.
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The power generation arm of YPF, YPF Luz, is planning to issue up to $60 million in bonds in Argentina.
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Darby International Capital has landed a more than $100 million commitment from several development banks for its DIC Latin American Fund IV (Darby IV).
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Blackstone-owned Tallgrass Energy Partners will offer $400 million aggregate principal amount of senior secured notes due 2029 in a private placement.
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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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Argentine renewable developer Genneia has inked a renewables power purchase agreement (PPA) with agribusiness company Bunge.
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Amazon Web Services (AWS) has added Jason Selfe to its power & utilities team in a business development role.
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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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Exus Management Partners and Glencore are teaming up to develop renewable projects through their joint venture GenuX in Mexico and Colombia.
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EDP Brasil is extending its existing power purchase agreement (PPA) with Banco do Brasil for an additional 5 years after winning the contract in a December 2023 auction.
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Brookfield Asset Management (BAM) has raised $10 billion at first close of its second energy transition fund with a fundraising target of $17 billion.
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Infrastructure investment manager Homecoming Capital has hired former AB CarVal investor Shaya Greenberger as vice president.
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Chilean utility Colbún has inked a power purchase agreement (PPA) with mining company Antofagasta Minerals’s subsidiary Minera Centinela.
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Giora Salita has joined the executive team of TPG-backed global renewable energy platform Matrix Renewables as chief operating officer based in Miami, Florida.
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Capricorn Investment Group, the $9 billion investor, has made a minority investment in sustainability-focused private equity firm SER Capital Partners.
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Power company Grupo Energisa has launched a R$2 billion ($405 million) share offering in Brazil.
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Renewable developer Atlas Renewable Energy has appointed Iván Jara Carrasco chief operating officer (COO).
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Power company Grupo Energisa is preparing a potential R$2 billion ($405 million) share offering in Brazil.
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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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Chilean utility Colbún has inked a power purchase agreement (PPA) with port terminal Puerto Angamos and subsidiary Terminal Graneles Norte (TGN) located in the Antofagasta region.
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The renewable energy sector in Chile continued to feel market disruptions in 2023 forcing many financial reorganizations and restructurings throughout the year.
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BlackRock has agreed to acquire Global Infrastructure Partners (GIP) for about $12.5 billion in cash and stock, in a move that further consolidates the infrastructure fund market.
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Financial services firm Barclays has launched a new Energy Transition Group in its corporate and investment bank, focusing on renewable and energy transition deals.
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Hannon Armstrong Sustainable Infrastructure Capital (HASI), will privately offer $100 million in aggregate principal of 8% green senior unsecured notes.
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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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Blackstone Infrastructure Partners subsidiary BIP Blue Buyer has completed its $2.16 billion acquisition of a 19.9% equity stake in NIPSCO.
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Global Infrastructure Partners (GIP) has agreed to expand its partnership with AES Andes, growing their shared portfolio from 730MW to more than 1,400MW in Chile.
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Transaction risk insurance broking and advisory firm Birch Risk Advisors has taken on former NovaSource Power Services chief executive officer Troy Lauterbach as renewable energy advisor.
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Canadian investment giant Brookfield acquired Duke Energy’s unregulated utility scale commercial renewables business at an enterprise value of approximately $2.8 billion – a deal that showed they were the exception to the mega M&A rules this year.
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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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Global investment bank Houlihan Lokey has hired former RBC executive Rob Kordas as managing director of its industrials group.
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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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IDB Invest is preparing an up to $333.5 million debt package to support YPF Luz’s renewable expansion in Argentina.
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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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Brazilian development bank BNDES has signed an agreement with the New Development Bank (NDB) , formerly the BRICS Development Bank, that will see the pair invest $1.7 billion into the nation's energy transition.
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Investment firm Hannon Armstrong Sustainable Infrastructure (HASI) will hold a private offering of $500 million in green senior notes to develop green energy projects.
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Renewables developer energyRe has raised a $1.2 billion capital package to develop and construct its 10.5GW solar, wind, and storage portfolio, as well as 500 miles of transmission.
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The Inter-American Development Bank (IDB) has launched IDB Clima, a financial initiative to support successful green initiatives across Latin America.
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Brazilian development bank BNDES has signed a memorandum of understanding (MoU) with the World Bank to support low-carbon hydrogen initiatives in Brazil.
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Enel is planning to invest $5.7 billion across its core markets in Latin America for the period 2024-2026.
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Rubicon Capital Advisors has hired Justin Snyder as senior director in its New York office where he will focus on advisory opportunities across the North American renewable energy, energy transition and infrastructure sectors.
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UK clean energy investment firm Sustainable Development Capital (SDC) has acquired Volery, a US-based private equity firm focused on energy transition.
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Michigan Governor Gretchen Whitmer has signed the state’s MI Healthy Climate Plan into law following its passage in early November by the House legislature.
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Former DLA Piper US head of energy and natural resources Vanessa Richelle Wilson has joined international law firm Akin’s Washington, DC. office as a partner in the projects and energy transition team.
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AES Dominicana Renewable Energy (ADRE) has secured a $368 million financial package to for the DBFOM of 3 renewable energy projects and to refinance short-term debts.
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Renewable developer Longroad Energy has secured $600 million in debt financing for its wind, solar, and battery portfolio across the US.
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Colbún has inked power purchase agreements (PPAs) with water treatment company Aguas Pacífico in Chile.
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Enel Americas and Enel Perú have signed an agreement with Actis-owned Niagara Energy to sell their Peruvian power generation businesses.
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Power distribution business FirstEnergy has appointed two new senior executives as part of the company’s initiative to expand its presence as an electric utility.
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KKR-backed investment firm BlackGold Capital Management has closed a deal for US-based energy infrastructure lender Northbase Finance.
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US-based power plant owner and operator IHI Power Services Corporation (IPSC) has taken on Glenn McCombs as the company’s chief development officer, effective immediately.
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Mainstream Renewable Power has completed the restructuring of its Chilean subsidiaries, Condor Energía and Huemul Energía following a months-long process.
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Independent power producer NRG’s president and chief executive officer Mauricio Gutierrez has departed the company and resigned from its board, leaving Lawrence Coben in the role for the interim.
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International professional services firm Alvarez & Marsal has taken on former Chevron executive Jay Johnson as senior advisor to its energy practice.
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EnfraGen has completed the acquisition of six renewable projects in Central America, with a combined capacity of 188MW, from Celsia.
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Cubico Sustainable Investments has appointed Andrew Coffield as head of legal, US.
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Investment firm Denham Capital is launching a renewable energy platform following the sale of the firm’s Rio Energy assets to Equinor.
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Kenneth Ditzel has joined global consulting firm Berkeley Research Group’s (BRG) energy & climate team as a managing partner.
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HSBC has named Paul Snow as head of renewables in the Americas in the real assets finance team, promoting him from a director role.
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Norway’s Equinor has concluded the acquisition of renewables company Rio Energy from investment firm Denham Capital in Brazil.
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Altius Renewable Royalties Corporation (ARR)'s co-owned subsidiary, Great Bay Renewables, has secured a $274 million senior credit financing. ARR owns Great Bay with funds managed by affiliates of Apollo Global Management.
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Italy-based energy and telecom cable systems company Prysmian Group has signed a €900 million ($951 million) agreement with Clean Path New York for submarine and land power cable systems.
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New York Governor Kathy Hochul has revealed a new renewable investment plan for the state, announcing conditional offtake agreements to three offshore wind projects and 22 onshore projects.
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FirstEnergy issued a request for proposal (RFP) to purchase Ohio-compliant renewable energy credits (RECs).
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The New York Power Authority (NYPA) has created a senior leadership role to develop, own, and operate renewable energy-generating projects in the state.
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Enel Americas is looking to sell its Peruvian power generation businesses, Enel Generación Perú, Enel Generación Piura and Compañía Energética Veracruz.
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Skyline Renewables has hired Todd Wynn as chief executive, replacing interim CEO Tim Menzie.
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Braya Renewable Fuels has named former Delek executive, Todd O'Malley, as chief executive.
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Bluestar Energy Capital, the renewable energy investment platform founded last year (2022) by the former CEO of Ørsted Onshore, has hired Neil O’Donovan as president and COO.
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Greenbacker Capital Management has hired Rahul Bhalodia as the managing director of the Greenbacker development opportunity (GDEV) strategy. Bhalodia will lead origination, execution, investment management, and capital raising for his group.
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Brazil’s Petrobras and mining company Vale are partnering to develop low-carbon solutions including sustainable fuel opportunities.
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Atlas Renewable Energy has promoted Luis Pita as chief commercial officer, based out of Miami.
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Supply chain disruptions continue to impact projects across the spectrum of renewable technologies in the US and a domestic solution is not readily available despite efforts put in place like the Inflation Reduction Act (IRA).
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The circa $20 billion annual tax equity stranglehold a small number of banks had on the market is over now that the Inflation Reduction Act (IRA) has introduced transferability, according to one financial advisor at REFF Wall Street 2023.
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Distributed energy company Correlate Energy has appointed Johan Themaat as the vice president of finance.
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Finnish investor Korkia is partnering with Chilean developer Ciudad Luz to develop renewable projects in Chile.
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Casa dos Ventos Holding, Petrobras and TotalEnergies have signed a memorandum of understanding (MoU) that will see the trio collaborate on renewables in Brazil.
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The Development Bank of Latin America (CAF) has approved $850 million in loans to Panama and Brazil to support the energy transition in both countries.
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Colbún has inked a power purchase agreement (PPA) with a mining company in Chile.
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Spanish energy giant Repsol is set to acquire US renewable development company ConnectGen for $768 million.
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Igneo Infrastructure Partners has agreed to take a majority equity interest in renewable power producer Soltage.
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A consortium of European financial institutions and multilateral organizations have launched the Global Green Bond Initiative (GGBI) to promote green bond markets in Latin America and the Caribbean and cooperate on technical assistance.
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Redeux Energy Partners will move forward with the sale of an 11-project, seven-state portfolio with Marathon Capital as its exclusive financial advisor.
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Clean energy platform Peregrine Energy Solutions has entered into an agreement with AB CarVal for $700 million in financing for Peregrine Energy's 7GW pipeline of solar, wind, and battery projects.
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Brazilian development bank BNDES, in collaboration with the Ministry of the Environment and Climate Change, is launching a R$10 billion ($2 billion) Climate Fund.
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Framingham, Massachusetts-based Ameresco has secured a $300 million senior secured loan facility from HASI to develop clean energy assets. Additionally, Ameresco and bank club leader Bank of America (BOA) have amended their senior secured credit facility.
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Companhia Energética de Minas Gerais (Cemig) has signed a power purchase agreement (PPA) with a lithium mining company in Brazil.
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Brazilian development bank BNDES and the China Development Bank have signed a $500 million loan agreement to finance projects across Brazil.
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Brazil’s Ministry of Mines and Energy is planning to invest R$75 billion ($15.4 billion) in the renewable sector under the newly launched Novo Pac, the third edition of the Growth Acceleration Program.
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The Superintendency for the Development of the Northeast (Sudene) has provided financing for several projects, including renewable generation and transmission, in Brazil.
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Origis Energy has appointed Vikas Anand as chief operating officer and chief financial officer.
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Algonquin Power & Utilities (AQN) will pursue the sale of its Renewable Energy Group and commence leadership changes with a new interim chief executive.
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Invenergy has closed a $1.5 billion revolving credit facility with Natixis Corporate & Investment Banking (Natixis CIB) to grow its development pipeline.
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The government of Cook County has signed its first renewables PPA.
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Brazilian utility Copel has won a bid to supply energy in the free market to Sanepar, a state-owned water sanitation company operating in Parana.
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Acciona Energía has signed a 5-year power purchase agreement with a plastic manufacturer in Mexico.
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ArcLight Capital Partners has appointed Gerry Anderson, former DTE Energy chairman and chief executive, to senior advisor and ArcLight Power Infrastructure board member. Anderson will guide the search to identify new investment opportunities for ArcLight across the renewables utility, and CCS sectors.
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Puerto Rico has started the bidding process of the third tranche of its 6-tranche renewable energy procurement process.
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Denham Capital has agreed to sell Rio Energy – an onshore renewables company in Brazil – to Equinor.
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Argentina's Secretariat of Energy has awarded contracts to almost 100 projects in the RenMDI renewable auction.
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A bill in California that will allow for the development of wave and tidal energy development in the state was unanimously approved by the Assembly Committee on Utilities and Energy, which passed the State Senate on June 25 (2023).
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Sumitomo Mitsui Banking Corporation (SMBC) and financial advisory firm LarrainVial have closed a COP900 billion ($200 million) Colombia-focused debt fund.
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The International Development Bank (IDB) has signed an agreement with the International Renewable Energy Agency (IRENA) to support energy transition in the Latin America and the Caribbean region.
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EDP has increased its stakes in EDP Brasil, effectively delisting the company in Brazil.
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Renewables developer Genneia is issuing green bonds to refinance a trio of assets in Argentina.
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Nexus PMG has received a $50 million growth equity investment led by Greenbacker Capital Management with participation from the Ontario Power Generation Pension Fund and Liberty Mutual Insurance.
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AES Dominicana Renewable Energy is seeking financing from IDB Invest to support the company’s renewable expansion in the Dominican Republic.
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Neoenergia, the Brazilian subsidiary of Iberdrola, has landed a $100 million sustainability-linked loan.
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The Department of the Interior's Bureau of Land Management (BLM) held a utility-scale solar auction with $105.15 million in bids for four parcels of land in the Amargosa Desert, Nevada.
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Energix Renewables has received $520 million in financing and tax equity from Santander CIB and Morgan Stanley for six solar projects in Virginia and Pennsylvania. The projects will total 416MWdc of solar energy.
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The World Bank has approved a series of loans to Argentina, including a $400 financing to expand access to clean energy in the country.
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Hawthorn Renewables has pledged $250 million into building solar projects across the US in the next four years.
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Bluestar Energy Capital, the renewable energy investment platform founded last year (2022) by the former CEO of Ørsted Onshore, has hired a chief executive for its US business.
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Brazilian utility Cemig has signed a power purchase agreement (PPA) to supply a stadium in Belo Horizonte in the state of Minas Gerais.
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Financial details have emerged on Macquarie’s Green Investment Group (GIG) and Hydro Rein’s 456MW Feijão Wind Farm – part of a 586MW combined wind and solar project in northeastern Brazil.
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Engie Energia Chile has secured a $400 million sustainability-linked loan from the IFC to help the company shift from fuel-based power generation to renewable power.
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Renewables developer Intersect Power has closed an $800 million revolving corporate credit facility to support the development, construction, and operation of its renewables, energy storage, and green hydrogen project pipeline.
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Blackstone Infrastructure Partners has added $1 billion to its existing $3bn investment in Invenergy. The funds will be used to grow Invenergy's investments, including large wind and solar farm projects, in the US and globally.
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OYA Renewables, the clean energy developer and independent power producer, has struck a strategic partnership with OpConnect, an electric vehicle (EV) charging business, to broaden its scope into EV charging infrastructure and management.
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Power-focused investment manager Newave Capital has reached financial close on its first energy infrastructure fund in Brazil.
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Canada-based EverWind Fuels Company is supportive of Nova Scotia's recently published Offshore Wind Roadmap and the province's efforts to become a global leader in renewable energy.
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The Canada Infrastructure Bank (CIB) has ramped up investing in recent times with $3 billion deployed in clean energy projects – out of a near $10 billion total – and having doubled its cumulative deal volume hitting back at critics who said it was not putting capital to work quick enough.
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Norwegian renewables firm Norsk Solar has made a final investment decision (FID) on the construction of 3 solar PV plants in Brazil.
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Argentina's Secretariat of Energy has received economic bids from 65 companies for the RenMDI renewable auction.
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Helexia has signed a power purchase agreement (PPA) with Brazilian independent power trader Comerc Energia.
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Anaergia has appointed Andrew Spence as CFO with effect from 12 June (2023).
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Pine Gate Renewables, the renewable energy independent power producer, has expanded its leadership by adding three to its C-suite.
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Brookfield Renewable has agreed with Duke Energy to acquire its unregulated utility scale commercial renewables business at an enterprise value of approximately $2.8 billion, including non-controlling tax equity interests and the assumption of debt.
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Distributed generation platform Aspen Power has named Andrew Blevin as its new chief risk officer.
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Investment fund managers Fiera Infrastructure and Palisade Infrastructure have completed the acquisition of a renewable energy generation and battery storage business from Amp Energy.
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Spearmint Energy, the battery energy storage specialist founded in May 2022, has closed a $200 million credit facility with Aiga Capital Partners for the development of battery storage assets in Texas.
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Accelergen, solar and storage developer, has appointed Adam Foltz as senior vice president of grid and commercial analytics.
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Colombian power company Celsia has turned on a 9.9MW solar farm in Valle del Cauca, Buga I, having agreed offtake agreements with agricultural business, Solla, and food processing company, Alianza team.
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Renewable developer Ameresco has entered a joint venture with Atura Power to develop a 250MW and 1GWh battery storage system in Ontario, Canada.
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BrightNight, the renewables developer and power provider, has entered into a power purchasing agreement (PPA) with Louisville Gas and Electric Company (LG&E) and Kentucky Utilities Company (KU).
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Canadian-based power producer Codelio Power has secured construction loan financing and tax equity for its 171MW Moraine Sands wind project in Mason County, Illinois.
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Ares-backed Heelstone Renewable Energy closed a $357 million debt financing with JPMorgan Chase and Fifth Third Bank for five utility-scale solar projects.
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Nopetro Energy, the natural gas production specialist, has partnered with middle-market investment fund NOVA Infrastructure to create a renewable natural gas (RNG) platform.
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Solar and storage company Strata Clean Energy has entered a 20-year tolling agreement with Arizona Public Service (APS).
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Hyundai Motor Group and LG Energy Solution (LGES) have launched an electric vehicle (EV) battery cell manufacturing joint venture in Georgia.
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FuelCell Energy, a global manufacturer of proprietary fuel cell technology, has secured a $87 million non-recourse project financing facility.
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Renewable fuels company Raven SR has received environmental approval from the city of Richmond, California for its biofuel project.
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Green Bridge Energy, a Raleigh-based clean energy lender, has launched a $50 million fund that is understood to close on July 1st (2023). The fund has a $550,000 minimum investment.
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Ørsted has agreed to acquire Eversource Energy’s 50% interest in the uncontracted federal offshore wind lease, jointly owned by the 2 companies, for $625 million.
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Lightsource BP has reached commercial operation on its Bellflower Solar project.
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Equilibrium Energy, a clean energy finance startup, has partnered with green energy investor Hatch Renewables to provide tolling agreements for utility-scale battery storage projects.
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Danish wind turbine manufacturer Vestas Wind Systems has secured a 72MW wind project supply order with an undisclosed customer in Argentina.
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Spanish JV partners Repsol and Ibereolica Renovables have commissioned the first phase of their maiden joint solar project plant in Northern Chile.
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Toyota North America signed a virtual power purchase agreement (VPPA) with Savion, and local developer Edelen Renewables, on a coal mine set to be repurposed into a solar farm.
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SUSI Partners, the Swiss sustainable energy infrastructure investment manager, has acquired Encore Renewable Energy.
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Scout Clean Energy and Elawan Energy’s joint venture has finalized the sale of its 199MW Persimmon Creek wind farm in western Oklahoma to utility company Evergy for $250 million.
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Chile’s National Energy Commission (CNE) has revealed details on its 2023 power auction which will be held in December.
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Leyline Renewable Capital has invested $30 million with solar and storage developer Accelergen Energy.
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Aspen Power has completed construction on its first solar project with residential real estate powerhouse The Michaels Organization.
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AES Corporation has priced its $900 million 5.45% senior notes due 2028.
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Pattern Energy has signed a power purchase agreement (PPA) with both Shell Energy North America and all Regents of the University of California for part of the energy generated from its SunZia Wind Project.
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Sequitur Renewables purchased an operating wind farm in the Almont Pass area of California on May 16.
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TotalEnergies has signed a 25-year power purchase and storage services agreement with mining company Imerys for a solar power and storage system the energy giant will build at the Lompoc facility in Santa Barbara, California.
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Matrix Renewables, global energy developer backed by TPG, announced the completion of construction and financing for its Kern County, California projects Gaskell West 2 and 3. The projects are 143MWdc of solar and an energy storage system with an 80Mwh capacity.
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Perkins Coie has hired Buck Endemann and Elizabeth Crouse as partners in the firm’s renewable energy practice based in the US West Coast.
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Recurrent Energy – a wholly-owned subsidiary of Canadian Solar – has signed an aggregated virtual PPA for 100% of the production capacity of the Liberty Solar project in Liberty County.
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Clean power producer FirstLight Power announced on Thursday (11 May) that it had completed the expansion of a $97.5 million corporate credit facility to support a clean energy development pipeline and growth strategy in North America.
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Bitech Technologies Corporation has received $300 million in financing from Nam Viet Green Energy JSC (Nam Viet Energy) for selected solar and battery energy storage system (BESS) projects.
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President Biden's suspension of tariffs on solar panels from four Southeast Asian nations was repealed by the US Senate, threatening solar projects while American solar panel manufacturing gets up and running.
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Climate Adaptive Infrastructure (CAI) and DigitalBridge Group have announced a decarbonization partnership to accelerate the digital infrastructure ecosystem's transition to net zero.
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Pivot Energy has closed on a $203 million financing facility to support a multi-state portfolio of distributed generation solar projects in the US.
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Linxon has signed an exclusivity agreement with Available Power for the 100MW / 200MWh Greenport Battery Energy Storage System (BESS) project in Austin, Texas.
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NextEra Energy Partners is looking to sell its STX Midstream and Meade natural gas pipeline assets as it focuses on its renewable energy portfolio.
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Colombia’s Celsia has agreed to sell part of its assets in Central America to a subsidiary of renewable developer EnfraGen.
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Anaergia Inc, the renewable natural gas specialist, through a subsidiary will supply the fuel to produce carbon-negative hydrogen and electricity for Toyota Motor North America Inc’s (TMNA) Logistics Services Center at the Port of Long Beach in California.
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Renewable energy developer Aspen Power has acquired 10 ground-mounted solar projects in northwest Pennsylvania from Sunrise Energy.
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Renewables infrastructure firm True Green Capital Management (TGC) will acquire a majority ownership in CleanChoice, a direct-to-consumer clean energy provider.
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Copenhagen Infrastructure Partners (CIP) has sold 2 wind farms in Texas to Canadian energy infrastructure company TC Energy.
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EE North America – a subsidiary of the Danish renewable energy company European Energy – has bought a majority stake in 2 solar projects with a combined capacity of 700MW in Colorado.
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Renewables developer BayWa r.e has completed close on a $115 million credit facility with Nomura to support the development of utility-scale solar and solar+storage projects in the US.
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Argentina's Secretariat of Energy has received more than 2GW of renewable energy project bids in a tender launched earlier this year.
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Toyota Tsusho Corporation has completed its acquisition of an 85% stake in SB Energy, the renewables platform of Japanese multinational SoftBank Group.
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SFC Energy, a supplier of hydrogen and methanol fuel cells, has opened 2 competence centers for hydrogen fuel cell technology in Calgary and Toronto.
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Renewable developer Atlas Renewable Energy has signed a 21-year PPA with Brazilian aluminum producer Albras to supply solar power.
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US green hydrogen electrolyzer company Ohmium International has closed a $250 million Series C growth equity financing round to expand manufacturing capabilities.
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Standard Solar has acquired the Knox Solar and Storage project in Acton, Massachusetts from developer EDF Renewables North America.
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Google and EDP Renewables have signed a framework agreement to develop over 80 distributed solar projects of 650MWp (500Mwac) in the US.
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Spanish renewables firm Ecoener will close a deal to finance its Colombian Sunnorte Solar PV Plant in May.
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US renewables developer OCI Solar Power, a subsidiary of OCI Energy, has sold a Texas-based 110MW solar PV project to Mitsui.
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Private equity firm Hull Street Energy has agreed to acquire a 100% interest in Sunrise Power from Generation Bridge Acquisition, an affiliate of ArcLight Capital Partners.
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BorgWarner is planning to invest $42 million into the expansion of its Seneca, South Carolina production facility for the advancement of its battery module and pack production in the US.
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Sunergy Renewables said last week (19 April) that it has agreed to go public through a merger with special-purpose acquisition company ESGEN Acquisition.
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Braya Renewable Fuels has unveiled a $300 million preferred equity investment from Energy Capital Partners (ECP), an energy-transition-focused investor in the electricity, clean energy and renewable infra sectors.
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Renewables developer Avangrid, a part of Iberdrola, has teamed up with the Navajo Tribal Utility Authority (NTUA) to develop up to 1GW of green energy projects within the Navajo Nation in the states of New Mexico and Arizona.
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Continuum Renewables has said it intends to acquire all of Heliogen’s outstanding shares of common stock for a cash consideration of $0.40 per share.
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Canadian clean energy firm Greenlane Renewables has signed an agreement with Brazil’s ZEG Biogás to develop and sell its most popular biogas upgrading product in Brazil.
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Brazilian construction company BN Engenharia will carry out infrastructure work on China’s State Power Investment Corporation (SPIC) and Canadian Solar’s 738MW solar portfolio.
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Renewables developer Emrgy has raised $18.4 million in Series A funding to launch a hydro turbine factory in Colorado and support the development of its hydropower projects.
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Avina Clean Hydrogen has named Tom Linebarger (former CEO of Cummins), Susan Dio (former president and chair of BP America) and Warren East (former CEO of Rolls-Royce) to the Avina Advisory Board (AAB).
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Lightsource BP has reached a $327 million financial close on the 313MWdc (250MWac) Driver Solar Project near Osceola in Mississippi County, Arkansas.
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Quinbrook Infrastructure Partners has entered the renewable fuels market with the acquisition of New-Hampshire-based biogas company PurposeEnergy.
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Clean energy investor S2G Ventures has launched a $300 million fund to back companies carrying out long-term social and environmental initiatives.
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Allete Clean Energy has closed its sale of the 91.6MW Red Barn wind project in Grant County to WEC Energy Group utility, Wisconsin Public Service (WPS), and Madison Gas and Electric Co (MGE).
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Clearway Energy Group has closed financing on two utility-scale solar and storage projects in Riverside County, California.
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Ecuador’s Ministry of Energy and Mines has awarded projects in a renewables tender the country launched back in December 2021.
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Waste-to-energy company Covanta has reached an agreement to acquire Circon Holdings, a portfolio company of Kinderhook Industries.
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Details have emerged on Spanish utility Solarpack’s acquisition of a concession to develop a 200MW PV solar farm in Manabí, Ecuador.
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The US subsidiary of Thai-listed BCPG has reached an agreement with Franklin Power Holdings to acquire a stake in two natural gas power plants in Pennsylvania.
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American Electric Power (AEP) business Indiana Michigan Power (I&M) has signed a power purchase agreement (PPA) to take power from Savion’s first Indiana solar project.
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Argentine renewable developer Genneia has signed a power purchase agreement (PPA) with oil and gas company Vista Energy.
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Buckeye has launched a diversified energy company that will focus on the development, construction and operation of energy transition projects – BAES Infrastructure.
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Google has signed a PPA with Ørsted that will see the tech giant purchase renewable energy generated from the 268MW Helena Wind Farm in Bee County, Texas.
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Ancala Partners today (3 April 2023) said it has acquired a majority interest in Noventa Energy Partners, a renewable energy company that provides services to to decarbonize the heating and cooling of buildings.
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DIF Capital Partners has agreed to acquire a majority equity interest in US-based Green Street Power Partners, a developer, financier, owner and operator of distributed generation solar projects.
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Danish wind turbine manufacturer Vestas will supply turbines to the 162MW La Eltiba wind farm in the province of Buenos Aires in Argentina, owned by local renewable energy producer Genneia.
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This week, First Citizens Bank agreed to a whole bank purchase of Silicon Valley Bank, taking on all its loans and certain other assets, as well as assuming all its customer deposits and certain other liabilities. In all, First Citizens is taking assets of $110 billion, deposits of $56 billion and loans of $72 billion.
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Danish wind turbine manufacturer Vestas has signed an agreement with Brazilian developer Casa dos Ventos to supply wind turbines to two mega wind farms.
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The governments of Canada, Nova Scotia, and Newfoundland and Labrador have begun regional assessments for offshore wind development.
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Renewable energy developer Birch Creek Energy has acquired Foundation Solar Partners from Hull Street Energy. Financial terms of the transaction were not disclosed.
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Brazil’s power sector regulator Aneel has approved the remaining 100MW worth of solar projects from the A-5 tender held on 14 October 2022.
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Renewable investor CleanCapital has acquired a portfolio of ten projects with 26.2MW of power capacity in Rhode Island.
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Oya Renewables, the clean energy developer and independent power producer, has closed a $27.1 million long-term loan facility from City National Bank (CNB) and tax equity funding from Greenprint.
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Mexico’s government will develop renewable energy projects to power the 300km Tehuantepec isthmus rail corridor between ports in Oaxaca and Veracruz states.
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Chinese wind turbine manufacturer Xinjiang Goldwind Science & Tech will invest R$150 million ($29m) to create a production base in Brazil’s Bahia state.
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Netherlands-based renewables company MPC Energy Solutions announced the completion of construction and grid connection for its Parque Solar Los Girasoles.
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South Korea's LG Energy said it would invest about KRW7.2 trillion ($5.5 billion) in a battery-manufacturing complex in Arizona.
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EDF Renewables North America has signed a 20-year PPA with the Southern California Public Power Authority (SCPPA) for energy and renewable attributes related to the 117MWac/148MWdc Sapphire Solar Project.
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Mexico’s renewable energy sector might be on the road to recovery, with elections to be held in July 2024. Following a run of lean years, sponsors and lenders alike were enthusiastic for the future while discussing the renewable landscape at REFF Latam 2023 last week.
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The Canada Pension Plan Investment Board (CPP Investments) has teamed up with Brazilian investment business Votorantim to launch a company in Brazil focused on investing in the energy transition globally.
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Norwegian renewables provider Scatec has made its first drawdown under a $240 million non-recourse loan facility to partly finance the 531MW Mendubim solar project.
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Neoenergia has brought online the entire Neoenergia Renewable Complex, Brazil’s first operational hybrid complex.
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The Argentine province of Santa Fe’s energy distributor EPE will issue a regional tender for renewable energy after several months’ delay.
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Avangrid has bolstered its footprint in the US renewables sector with plans to develop two solar farms in Texas and Ohio. The projects, which generate a total of 523.5MW of power, are:
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Twain Financial Partners has secured a lending license from the United States Department of Agriculture (USDA), enabling it to act as a single-source capital deployer for eligible projects.
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Leeward Renewable Energy has closed an $180 million commitment from MUFG Bank and Wells Fargo for a 200MW Horizon Solar Facility located in Frio County, Texas.
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The Biden Administration has announced $2.5 billion in new funding for a program to fund electric vehicle (EV) charging and alternative fuelling infrastructure across the country.
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Ozop Energy Solutions – a subsidiary of Ozop Engineering and Design (OED) – has become Pace Equity's project finance partner.
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Brazilian chemical company Unigel has formally signed an agreement with German electrolyzer manufacturer Thyssenkrupp Nucera to develop the second phase of a green hydrogen ammonia project in the state of Bahia.
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US solar power producer Navisun has secured up to $235 million in debt financing to support its growth strategy.
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Danish wind turbine manufacturer Vestas has signed two turbine supply contracts with utilities in Argentina and the US for a total capacity of 151MW.
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Renewable energy platform Origis Energy has closed an upsizing amendment to its development finance facility, doubling the capacity to $750 million.
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US Clean Energy (USCE) has launched a clean energy platform to address the growing demand for clean energy infrastructure, capital and technology to support the US clean energy transition.
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California Public Employees Retirement System (CalPERS) has made a $198.5 million allocation to an infrastructure co-investment vehicle offered by Global Infrastructure Partners, meeting documents show.
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Mexico-based solar power producer Cox Energy America has secured 45MW worth of solar PV capacity in a grid allocation tender held by Colombia.
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St,-Louis-based renewable energy utility Birch Creek Energy has announced the launch of its two independent power producer (IPP) entities. The IPPs are:
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Grupo Ibereólica is planning a hybrid solar and wind complex in Chile.
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Norwegian oil & gas group Equinor and Brazilian state-run oil & gas firm Petrobras have announced a collaborative initiative to study the potential for over 14GW of offshore wind projects in Brazil.
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Colombia's Mines and Energy Planning Unit (UPME) has granted permits to connect close to 7.5GW of renewable energy to the national grid.
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The Peruvian Ministry of Energy and Mines has granted three concessions (two of them definitive) for the development of power generation projects in the country.
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Battery energy storage systems developer Available Power has partnered with Linxon on a front-of-meter energy storage project pipeline in Texas's ERCOT market.
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Blackstone-backed energy storage and hybrid operator Aypa Power announced today that it has acquired the Yadkins standalone battery energy storage project from East Point Energy.
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German renewables giant RWE has closed its $6.8 billion acquisition of Con Edison Clean Energy Businesses (CEB).
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US renewable gas platform Viridi Energy has acquired a landfill RNG project at the Marathon County Solid Waste Department’s landfill in Ringle, Wisconsin.
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Canada Pension Plan Investment Board (CPP Investments) has agreed to acquire a 49% stake in California-based energy producer Aera Energy from international asset management group IKAV.
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Avangrid has hit commercial operation at its 150MW Lund Hill solar farm in Klickitat County, Washington. It is the state’s largest photovoltaic plant.
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EIG, the $22.7 billion energy and infrastructure investor, and renewables company Modern Energy have backed solar developer Industrial Sun to the tune of $90 million.
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Lightsource BP has signed a power purchase agreement with AEP Energy Partners (AEPEP) – a subsidiary of American Electric Power – for a 188MWdc solar project in New Carlisle, Indiana.
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Amber Infrastructure Group and Green Impact Partners (GIP) has formed a strategic partnership targeting at least $585 million of projects.
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SB Energy, the US renewables platform of Japanese multinational SoftBank Group, has hired Gaetan Frotte as chief financial officer.
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Copenhagen Infrastructure Partners' (CIP) Energy Transition Fund (CI ETF I) has acquired a majority stake in a blue ammonia project in the Gulf Coast alongside Sustainable Fuels Group (SFG).
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OCI Solar Power has signed an agreement with Mitsui & Co. (USA) to collaborate on utility-scale solar energy projects in Texas.
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Spanish renewables firm Ecoener has signed two PPAs with the Dominican Republic’s state-owned power producer Empresa Generadora de Electricidad Haina (EGE Haina).
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Invenergy, CDPQ and Blackstone Infrastructure have teamed up to acquire American Electric Power’s (AEP) 1.37GW unregulated, contracted renewables portfolio at a $1.5 billion enterprise value, including project debt.
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Lightsource BP has agreed to a power purchase agreement for a 145MWac/180MWdc solar project with fast food giant McDonald’s in Louisiana.
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Spanish renewables firm Grenergy has sold three PV solar farms in Chile for €41.3 million ($44.2m).
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Investment fund managers Fiera Infrastructure and Palisade Infrastructure have joined forces to acquire a renewable energy generation and battery storage business from Amp Energy.
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Infrastructure investor ArcLight Capital Partners has completed the sale of Great River Hydro to Hydro-Québec for approximately $2 billion.
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Netherlands-based renewables provider MPC Energy Solutions said on 20 February 2023 that it has signed a long-term PPA with a subsidiary of IMSA Group, a Guatemalan producer and exporter of sugar, alcohol and energy.
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US-based wholesale power provider Guzman Energy has signed a PPA with Sonnedix for its 110MW Solar Fountain project in El Pas, Colorado.
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Coldwell Solar has launched a gigawatt-scale solar project that will allocate a portion of the output to producing clean hydrogen on-site.
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Gore Street Energy Storage Fund will acquire Big Rock, a 200MW/400MWh energy storage project in Imperial County, California.
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Altus Power, an independent developer, owner and operator of commercial-scale solar facilities, has closed on a $293 million acquisition of 220MW solar assets.
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French-based renewables producer Total Eren will construct its first project in Honduras, a 122MW wind farm.
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enCore Energy Corp has acquired the Alta Mesa in-situ recovery (ISR) uranium project from Energy Fuels for $60 million in cash and a $60 million promissory note.
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Spanish joint venture partners Repsol and Ibereolica Renovables have officially turned on their 165.3MW Atacama wind farm.
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UGI Energy Services — a subsidiary of UGI — has formed a joint venture with Archaea Energy, a subsidiary of BP.
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Spanish renewables producer Grenergy has acquired the remaining 60% stake in Alabama, Birmingham-based Sofos Harbert Renewable Energy (Sofos Harbert) to bolster its footprint in the US energy market.
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German renewables developer Sowitec will sell three solar development projects in Mexico.
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AmmPower Corp. has signed an MoU with the Port of Corpus Christi Authority (PCCA) to explore green hydrogen as feedstock for clean fuel, green derivatives production, storage and a distribution facility.
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Shearman & Sterling has hired Mona Dajani as the global head of renewables, Americas head of hydrogen and ammonia, and global head of energy and infrastructure, based in its New York office.
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Energy transition investment firm Denham Capital has acquired New-Jersey-based Solops, a premier developer, financier, owner and operator of photovoltaic solar projects, for an undisclosed sum.
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Brazil's EDP Renewables' (EDPR) 580MW wind farm complex in Rio Grande do Norte state has been inaugurated.
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Casa dos Ventos and Comerc Eficiência (an energy efficiency company of Comerc Energia Group) have signed a partnership with TransHydrogen Alliance (THA) for the production and export of ammonia.
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Puerto Rico has launched the third tranche of its six-tranche renewable energy procurement process.
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Altus Power, the independent developer, owner and operator of commercial-scale solar facilities, has named Sophia Lee as its chief sustainability officer.
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Spanish renewables firm Grenergy will develop three PV solar plants in Colombia.
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Duke Energy Sustainable Solutions (DESS), a nonregulated commercial brand of Duke Energy, has placed the 120MW Jackpot Solar project in Twin Falls County, Idaho into commercial operation.
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The deadline to submit bids for New York’s third competitive offshore wind solicitation passed on 26 January, with Ørsted and BP among the bidders.
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Renewables developer Hecate Energy has closed a five-year, $550 million credit package, including a $250 million term loan and a $300 million Letter of Credit (LC) facility.
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Fortescue Future Industries (FFI) has signed an MoU with US sustainable transport company Nikola to evaluate co-development opportunities for large-scale green hydrogen production in the US.
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Norwegian energy company Statkraft has acquired the company’s first solar and wind projects in Peru.
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Enlight Renewable Energy has filed a registration statement with the US Securities and Exchange Commission for an initial public offering.
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North American alternative investment manager Fengate Asset Management has reached financial close on the 160MW Prairie Switch Wind project near Houston.
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Cemig has signed a power purchase agreement (PPA) to supply renewable energy to an automotive parts manufacturer in Brazil.
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Mega deals in North American power M&A gather pace into 2023 fueling greater overall activity as renewables portfolios are packaged together for the next big sale.
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Longroad Energy has started work on Sun Streams 3, a 285MWdc PV and 215 MWac/860 MWh storage project located in Maricopa County, Arizona.
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Duke Energy Sustainable Solutions (DESS) has invested in Pike Solar, a new solar power plant being constructed to serve customers of Colorado Springs Utilities.
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An evergreen renewable energy platform with a global strategy has launched with news of its first acquisition – a construction-ready wind farm in Canada – and a keystone investor.
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Vancouver-based Revolve Renewable Power has completed the sale of its 250MW Parker Solar and Storage Project and the 1GW Bouse Solar and Storage Project to Engie.
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SUSI Partners has closed on a senior secured funding facility for OBE Power Networks, the Miami-based electric vehicle (EV) charging company.
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State-owned hydro and utility company Urrá’s Aquasol solar complex is close to completion, the firm announced on Friday (13 January 2023).
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Texas-based Leeward Renewable Energy (LRE) has closed financing for its Chaparral Springs Solar + BESS facility located in Kern County, California.
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Colombia’s state-owned petroleum firm Ecopetrol has selected French-based energy producer Total Eren to build a 100MWp solar farm at its Rubiales oilfield.
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To download the full report as a PDF, click here.
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Chinese PV module manufacturer YuanTech Solar has obtained the Brazilian INMETRO certification which gives the company the opportunity to operate in the country’s renewable energy market.
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Spearmint Energy, the battery energy storage specialist founded in May 2022, has added Peter Rood as chief development officer to its growing team.
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Canadian renewables developer Westbridge Renewable Energy Company has expanded its Sunnynook Solar PV project in Alberta to 330MWp.
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Ares Management Corporation has reached final close on its fifth infrastructure fund at around $5 billion.
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Korean renewable energy business Qcells is set to invest more than $2.5 billion to build a complete solar supply chain in the US.
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Renewables developer Enfinity Global has a 400MW operational utility-scale solar portfolio, a significant step in the company's US expansion.
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Chilean state-owned mining company Codelco has signed a contract with local electricity utility AES Andes to replace coal supply at 2 mines with renewables.
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EnfraGen, a joint venture between Glenfarne Group and Partners Group, has announced the signing of an EPC contract with Chilean renewables firm Verano Energy to develop 8 PV projects in Chile.
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ATCO, through its investment in Canadian Utilities, has completed its previously announced acquisition of a renewables portfolio from Suncor Energy for C$730 million ($536m).
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California-based Arevia Power has opened a new office in Las Vegas and recently hired Chris Brooks as senior vice president (SVP) of external relations.
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Climate solutions investor Hannon Armstrong has invested in a 1.3GW renewables portfolio owned and operated by AES.
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Brazil has landed a new minister of Mines and Energy following the re-election of Luiz Inácio Lula da Silva, who assumed office on January 1.
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Energy lawyer Tyler O'Connor has re-joined Crowell & Moring as a partner in its energy and government affairs practice, based in Washington DC.
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Green energy company Greenbacker has hired power and renewables investment expert Jerome Briens based in its New York office.
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US-based solar and energy storage developer Origis Energy has awarded a contract to Mitsubishi Power Americas for the delivery of 3 utility-scale battery energy storage system (BESS) projects totaling 150MW.
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Brazilian development bank BNDES has granted local agro-industrial cooperative Copacol a R$28.3 million ($5.3m) loan to invest in PV solar panels for the company’s facilities in Paraná state.
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A subsidiary of JERA Corporation has agreed with EV fleets and battery storage specialist Zenobe Americas to jointly develop battery storage projects in 2 north eastern US power markets.
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Enhanced Capital and Crossroads Impact Corp. have made a development capital investment in Solar Landscape, based in Asbury Park, New Jersey.
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SunVest Solar has closed a $113 million debt facility and $41 million of tax equity to support the construction and operation of a 56MW portfolio of solar projects in Illinois, Maine, Minnesota and Wisconsin.
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Colombia’s state-owned petroleum firm Ecopetrol announced today that it will invest between COP 5.9 trillion ($1.23bn) and COP 6.8 trillion in energy transition projects in 2023.
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German wind turbine manufacturer Nordex has been contracted to equip a 94.4MW wind farm owned by construction firm TODA in Brazil's Rio Grande do Norte state.
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A major regulatory milestone for Dominion Energy’s 2.6GW offshore wind project off coastal Virginia was reached on December 12 (2022) as the power giant eyes construction in 2024.
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Manulife Investment Management has taken a minority stake in solar, storage and electric vehicle (EV) business, PowerFlex, with a $100 million investment.
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Miami-headquartered renewables firm, Enfinity Global, has hired Julio Fournier Fisas as chief growth officer to accelerate the company's execution across various strategies, including storage and the commercialization of energy.
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Independent solar power producer, CVE North America, has acquired a portfolio of solar PV projects in upstate New York from Saturn Power Corporation.
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EDF Renewables North America has signed an agreement with Luminace, a Brookfield Renewable company, for the sale of a 21.6MWdc portfolio of 3 community solar projects.
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Shell and BP have completed negotiations with Trinidad and Tobago’s government to develop a 112MW AC/148MWp solar project.
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EDP Renewables (EDPR), through its fully owned subsidiary EDP Renewables North America, signed a 15-year PPA with Cleveland Cliffs to supply 180MW from the Headwaters III Wind Farm in Randolph County.
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The provisional winning bids for the first offshore wind auction held on the US’ west coast totaled more than $700 million on December 7.
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Renewable energy developer Longroad Energy has acquired the 98MW DC Titan Solar project from Sunpin Holdings.
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North Carolina's Electric Cooperatives and FlexGen Power Systems have completed the battery energy storage project located at Randolph Electric Membership Corporation's Five Points substation.
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Spearmint Energy, the battery energy storage specialist founded in May (2022), has added four more to its growing team.
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JLL has hired Kristy David as a senior vice president for its clean energy and infrastructure advisory team, based in Washington DC.
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Fotowatio Renewable Venture (FRV) – a part of Abdul Latif Jameel Energy – has obtained a preliminary environmental license to develop a new solar farm in Brazil.
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National Grid Renewables has started commercial operations at its Noble Solar and Storage Project in Denton County, Texas.
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Brookfield Asset Management has selected Amazon Web Services (AWS) as a preferred cloud provider to accelerate its digital infrastructure and become a more data-driven company.
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The US’ Internal Revenue Service (IRS) has started the clock for construction on new renewable projects before the new wage and apprentice requirements under the Inflation Reduction Act (IRA) take effect.
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Caliche Development Partners II has received $268 million in capital commitments from Orion Infrastructure Capital and GCM Grosvenor (OIC), targeting underground storage and sequestration assets in North America.
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Activate Renewables, an acquirer of real estate and royalty interests in wind, solar and energy storage, has bought a renewable energy real estate portfolio owned by Alchemy Renewable Energy.
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Bravo Infrastructure Group in partnership with Orion Infrastructure Capital has acquired Radiance Solar, an engineering, procurement, and construction (EPC) contractor in south-eastern US.
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Texas-headquartered Leeward Renewable Energy has closed financing for its Big Plain Solar facility located in London, Ohio, and its Oak Trail Solar facility located near Moyock, North Carolina.
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Atlas Renewable Energy has thrown the switch on its 300MW Mexican solar PV plant – La Pimienta in the state of Campeche – which is now fully operational.
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HSBC has added to its power, renewables & infrastructure team with the hire of Georgios Kalpias.
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NextEra Energy Partners – a limited partnership formed by NextEra Energy – has agreed to acquire a 49% equity interest in Emerald Breeze, a roughly 1.5GW renewables portfolio from subsidiaries of NextEra Energy Resources.
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Vestas has received a 178MW order to power an undisclosed wind project in the US.
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Horizonte Minerals has entered into long-term PPAs to secure low-cost renewable power for its fully-owned Araguaia Nickel Project in Brazil.
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Enel North America is set to build an industrial-scale production facility in the US for manufacturing solar photovoltaic (PV) modules, following the Inflation Reduction Act’s (IRA) incentives for domestic production.
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Strata Clean Energy, a provider of utility-scale clean energy projects, has acquired Phoenix-based Crossover Energy Partners, a clean energy solutions company experienced in developing end-to-end energy transition products for utilities and large energy users.
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Ecuador’s Ministry of Energy and Mines has received offers for about 700MW of new renewable energy projects for its upcoming auction.
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Francis Slingsby has been appointed chief executive of Mayflower Wind – a JV between Shell New Energies US and Ocean Winds North America.
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AES Corporation's clean energy business in the US has entered a $1.7 billion warehouse credit facility, which will advance the construction of 3GW of renewable energy projects across nine states.
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EDP Renewables North America has hired renewable energy industry veteran Sybil Cioffi as director of finance.
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Enel has signed a massive power purchase agreement to supply data centers across Latin America.
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ClearGen, a clean energy investor backed by private equity powerhouse Blackstone, has invested in a portfolio of partnership interests in 25 wind farms totaling 1.4GW of existing generation capacity throughout the US.
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Minnesota Power – the utility division of Allete Inc – has decided to significantly increase the amount of renewable energy it provides over the next 15 years after reaching an agreement with stakeholder groups, including clean energy organizations, labor and host communities.
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Oya Renewables, the clean energy developer and independent power producer, has entered into a joint venture with energy company Oil Wells Shares (OWS) to develop and construct 3GW of community and utility-scale solar, wind and energy storage infrastructure projects.
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CastleRock Green Energy, the New-York-based renewable energy and infrastructure fund, is preparing a $400 million investment in a pair of biofuel production facilities in the area of Shelton, Washington.
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Westbridge Renewable Energy's subsidiary Georgetown Solar has been given the go-ahead for its flagship Georgetown Solar + Energy Storage Project by the Alberta Utilities Commission (AUC).
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Renewables company Low Carbon has hired a managing director for investments in North America from RWE Renewables.
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EE North America has partnered with Elio Energy to develop a pipeline of 2GW of solar power generation and energy storage assets in Arizona and surrounding states.
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Cemig has agreed to supply Spanish automotive components manufacturer Gestamp with renewable energy in Brazil.
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Allianz Capital Partners has acquired the 147MWdc Galloway 2 Solar Project from Avantus – formerly 8minute Solar Energy.
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WEC Energy Group has agreed to buy an 80% stake in Maple Flats Solar Energy Center in Clay County, Illinois, from Invenergy for around $360 million.
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Eolica Coromuel – a Eurus Energy America Corporation subsidiary – has started commercial operation of Baja California Sur’s first wind generating facility.
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IDB Invest is preparing an up to $60 million debt package to support green projects in Costa Rica.
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Colbún has renegotiated a power purchase agreement with mining company Codelco to sell output from renewable sources instead of coal.
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The Maine Public Utilities Commission has chosen LS Power Grid Maine to build a new transmission solution to deliver renewable energy from Aroostook County, Maine, into the New England grid.
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France's TotalEnergies (TTE) and Brazil's Casa dos Ventos (CDV) have entered a joint venture to set up a renewable portfolio of Casa Dos Ventos, Brazil.
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Swiss-based Advanced Power has closed on a $60 million capital facility through Crédit Agricole Corporate and Investment Bank (CIB).
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Uruguay has issued a sovereign sustainability-linked bond (SSLB), the country's first ESG-linked bond and second-ever sovereign issuance of the sort.
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Ecofin Advisors, the investment manager of US renewables fund Ecofin US Renewables Infrastructure Trust (RNEW), has hired a group lead and portfolio manager.
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Brazil’s National Electric Energy Agency (Aneel) has awarded contracts in the A-5 renewable power auction.
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EE North America – a subsidiary of the Danish renewable energy company European Energy – is targeting 10GW of renewable energy in the US by 2026.
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Clearway Energy Group has signed a fresh set of power purchase agreements (PPAs) with PacifiCorp, a subsidiary of Berkshire Hathaway.
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Global Infrastructure Partners (GIP) has completed the acquisition of Atlas Renewable Energy from vendor Actis after the deal came to light in May (2022).
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Divert Inc has entered into a 10-year renewable natural gas offtake agreement worth about $175 million with BP.
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MasTec has completed the previously-announced acquisition of Infrastructure and Energy Alternatives (IEA), one of the largest utility-scale renewable energy infrastructure solutions providers in North America.
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Leeward Renewable Energy announced that construction has commenced on its Oak Trail Solar facility near Moyock, North Carolina.
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EverGen Infrastructure Corp has appointed Vancouver-based Sean Hennessy as chief financial officer (CFO), effective immediately.
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Harbert has hit a final close on its latest infrastructure fund, securing $905 million - including co-investment commitments - which will focus on North American power and renewable energy assets.
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Leyline Renewable Capital announced an early-stage growth capital investment for Navitas Energy to develop 500MW to 1GW of standalone storage in the ERCOT market within the next 5 years.
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Puerto Rico has kicked off the second tranche of a 6-tranche renewable energy procurement tender process.
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Private equity firm Actis has added to its existing position in Brazilian renewable developer Omega Energia.
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Canada’s Algonquin Power & Utilities Corp. has agreed to a new transaction price for its acquisition of American Electric Power's (AEP) utility subsidiary Kentucky Power and its transmission business AEP Kentucky Transco.
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Japanese conglomerate ORIX Corporation has invested in a 150MW Texan wind power farm via its US Strategic Solutions group – following up last year’s foray into US wind energy.
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Enbridge, the Canadian energy giant, has bolstered its position in North American renewables with the acquisition of Tri Global Energy (TGE) for $270 million in cash and assumed debt.
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Spanish solar developer Cox Energy has received the greenlight to trade within Colombia’s wholesale energy market.
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The oil and gas subsidiary of conglomerate Grupo Ultra has agreed to acquire a distributed generation solar service platform in Brazil.
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The National Electric Energy Agency (ANEEL) has reassigned a date for the A-5 renewable auction which was originally supposed to be held on September 16.
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Brazil’s National Electric Energy Agency (ANEEL) has put on hold the A-5 renewable energy auction originally scheduled for September 16.
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YPF Luz, the power generation arm of Argentine oil and gas company YPF, has issued a combined $100 million in bonds.
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Chilean independent power producer Colbún has inked a power purchase agreement with beverage company CCU.
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The Brazilian Ministry of Mines and Energy is canceling the A-6 auction intended for new renewable energy projects which was supposed to be held on September 16.
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Innergex Renewable Energy has completed a $803.1 million refinancing of the non-recourse debt of its Chilean portfolio, a deal the company says is Latin America's largest private placement in recent history.
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Guatemala’s Comisión Nacional de Energía Eléctrica (CNEE) has launched a public auction for power contracts totaling 235 MW in capacity.
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The Ministry of Mines and Energy has signed a memorandum of understanding with the United Arab Emirates to foster cooperation within the energy sector in both countries.
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The Inter-American Development Bank (IDB) has approved a $1.14 billion credit line to support the decarbonization of Argentina’s energy sector.
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Sempra Infrastructure has signed a memorandum of understanding with Entergy Texas that will see the Sempra procure renewable energy in order to reduce the company's activities-linked emissions.
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Argentina’s Secretariat of Energy has received more than 480 proposals after calling on interested parties to submit energy infrastructure projects in May.
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Spanish renewable developer Opdenergy has closed on a corporate debt facility that will support, in part, the company’s growth strategy in the Americas and Europe.
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Colombia’s Celsia has secured a revolving credit line from the International Finance Corporation (IFC) to support the company's ESG goals, including carbon emissions reduction.
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Actis is to acquire a 10% stake in Brazilian renewables developer Omega Energia, with a potential primary investment of up to R$850 million ($162 million) to follow.
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Ocean Renewable Power Company (ORPC) has signed an agreement to install a river hydrokinetic power system in Chile, its first in South America.
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Fotowatio Renewable Ventures (FRV) has secured a line of green guarantees from CaixaBank to support the developer’s pipeline of projects.
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Darby International Capital has requested an equity investment from development finance institution IDB Invest for its new green fund.
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Spain’s Repsol has agreed to sell a minority stake in its renewable subsidiary to Crédit Agricole Assurances and Energy Infrastructure Partners (EIP).
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ReVolve Renewable Energy has signed a definitive agreement to acquire distributed generation company Centrica Business Solutions Mexico (CBS Mexico), a subsidiary of UK energy services and solutions group Centrica.
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More than 2,000 projects have registered with the national energy research company EPE in Brazil for the September 16 energy auctions.
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Brazilian power generator Omega Energia has inked a power purchase agreement (PPA) with 3M.
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Chile’s Ministry of National Assets has launched a concession tender for the development of renewable energy projects.
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Bancolombia has requested a COP 640 billion ($160 million) loan from IDB invest to support the bank’s sustainable finance portfolio.
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Ecuador has registered interest from 37 companies for its ongoing renewables tender, with winners set to be announced in January 2023.
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Corporación Interamericana para el Financiamiento de Infraestructura (CIFI) has received a $25 million loan from the OPEC Fund for International Development.
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Argentina’s Secretary of Energy is seeking expressions of interest to develop energy infrastructure projects in the country.
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French energy company TotalEnergies has acquired Austin-based Core Solar for an undisclosed amount.
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The New York Power Authority (NYPA) has received more than $608 million in green bonds to finance clean energy transmission in New York State.
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IDB Invest has launched a $1 billion sustainability bond to finance renewables projects in Latin America and the Caribbean.
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Chilean independent power producer Colbun has appointed Jose Ignacio Escobar as CEO following the resignation of Thomas Keller.
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D.E. Shaw Renewable Investments (DESRI) has secured a utility offtaker for the output of a 200 MW/400 MWh solar-plus-storage project in northern California.
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Ares Management Corp has led an up to $600 million equity investment in SoftBank Group’s US renewables platform, SB Energy, and has also committed $200 million in preferred equity to BlackRock-owned solar platform DSD Renewables.
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Greenbacker Capital Management has reached final close on its Greenbacker Development Opportunities Fund I at $142 million, nearly reaching its $150 million hard cap.
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A managing director at Global Infrastructure Partners (GIP) has left to join renewables-focused independent power producer BrightNight as the company’s CFO.
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K&L Gates has announced three partnership promotions, with energy and infrastructure attorney Tariq Fedda among those making the grade.
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New York Stock Exchange-listed Kayne Anderson Energy Infrastructure Fund has obtained a $200 million unsecured revolving credit facility.
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Eletrobras has received shareholder approval for its planned share offering, which will see the Brazilian government relinquish its majority stake in the state electricity company.
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Quinbrook Infrastructure Partners has hired John Lucas, who previously led renewables procurement efforts for Amazon Web Services' (AWS) data center operations across the Americas.
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Ecuador's Ministry of Energy and Non-Renewable Natural Resources (MERNNR) has extended the deadline for companies to register interest in a trio of tenders for renewables, gas-fired and transmission projects in the country.
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Mizuho has hired two senior power investment bankers from JP Morgan to head up its energy investment banking team and debt capital markets group.
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Despite it being hardly two months into the new year, the M&A market for power and renewables is already heating up with a seemingly endless stream of project and platform sale launches. But despite the buzz around renewables, deal watchers say there is still a “bullish” buyer base that believes in the medium-term viability of gas-fired projects over the next two decades.
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Peruvian law firm Damma Legal Advisors has recruited its first infrastructure partner, Juan José Cardenas, from EY Law.
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Pomerlau Capital, the infrastructure financing arm of Canadian construction company Pomerlau, has launched a North American renewables and infrastructure-focused fund.
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Holland & Knight has recruited Camilo Gantiva Hidalgo as a partner in its capital markets and financial law practices in Bogotá, Colombia.
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KKR & Co has appointed former US Federal Energy Regulatory Commission (FERC) chairman Neil Chatterjee as an industry adviser.
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Allen & Overy has hired George “Chip” Cannon as a partner in its project, energy, natural resources and infrastructure (PENRI) practice, based in Washington, DC.
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Invenergy has appointed Omar Martino to the post of executive vice president, markets and regulatory.
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Details surrounding the nature of three senior exits from I Squared Capital's infrastructure and energy team in Miami have come to light.
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Brazilian law firm Souza Mello e Torres has promoted Diogo Nebias to partner in its infrastructure practice.
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Norway's HydrogenPro has agreed to supply 40 electrolyzers to Mitsubishi Power Americas that will be deployed at green hydrogen projects across the US.
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Brookfield Asset Management is toying with the idea of spinning off its $70-100 billion asset management business.
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A trio of leading players in the US team of I Squared Capital has resigned.
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Brazilian development bank BNDES has renewed its sustainability-focused partnership agreement with the International Finance Corporation (IFC).
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Oregon Investment Council has committed $100 million in sidecar funds to two investment vehicles.
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Stonepeak has reached final close on its Stonepeak Infrastructure Fund IV with $14 billion of capital commitments.
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Brazilian law firm Schmidt Valois has recruited Pedro Seraphim as a partner in São Paulo.
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Neoenergia has signed a green financing agreement with the European Investment Bank (EIB) to fund renewable energy projects in Brazil.
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HSBC and BMO Financial Group have invested about $150 million in Breakthrough Energy Catalyst, a private-public fund backed by Microsoft co-founder Bill Gates.
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FirstEnergy Corp has announced a $2.5 million investment in Energy Impact Partners' (EIP's) recently launched Frontier Fund, which focuses on early-stage decarbonization technologies.
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Independent power producer Constellation Energy Corp has completed its separation from Exelon Corp, signaling its launch as a standalone, publicly-traded energy company.
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The Peruvian minister of mines and energy has indicated that the government will launch two renewables auctions by the end of the year.
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BlackRock Real Assets is planning to invest up to $200 million in a portfolio of renewable energy distributed generation projects in Chile.
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A sale process for a standalone battery storage developer is underway.
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Blackstone Infrastructure Partners raised $6.75 billion of capital in the fourth quarter of 2021, according to the company's latest earnings report.
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D.E. Shaw Renewable Investments (DESRI) is preparing to go public via an initial public offering (IPO).
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Energy Impact Partners (EIP) has launched a fund that will invest in early-stage technologies that help accelerate the energy transition.
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Goldman Sachs has recruited Marisol González de Cosío as head of infrastructure and utilities in its debt private placement investors (DPPI) group in New York.
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Blackstone Infrastructure Partners has appointed a new head of public-private partnerships in the US.
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NextEra Energy has refreshed its senior leadership team as long-standing chairman and CEO Jim Robo prepares to step down.
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Canadian real estate company Colliers has acquired a 75% stake in infrastructure investment manager Basalt Infrastructure Partners.
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Renewables developer Intersect Power has hired a chief legal officer who was most recently a partner in Orrick Herrington & Sutcliffe's corporate group in San Francisco for 12 years.
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InterEnergy Group has refinanced a portfolio of small-scale solar and wind projects in Chile with a $48.2 million US private placement.
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Brazilian development bank BNDES has announced plans to invest up to R$2.5 billion ($45 million) in infrastructure funds.
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BMO Capital Markets has hired Michael Cummings from SMBC and Andrew Gongaware from CIBC to help lead its power, utilities and infrastructure group.
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Brazilian law firm Veirano Advogados has promoted Paula Surerus to managing partner for the 2022-2023 term.
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New York-based Onpeak Capital has promoted three members of its renewable energy finance team to the rank of vice president.
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AES Corp – through its Chilean subsidiary Inversiones Cachagua – is paying $517 million to increase its ownership stake in AES Andes.
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The Brazilian state of Rio Grande do Sul has announced an auction for its electricity generation company, CEEE-G.
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Goldman Sachs Asset Management has elevated a vice president in its sustainable investment group to the rank of managing director.
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Los Angeles County Employees Retirement Association (LACERA) has made a $200 million commitment to the Partners Group Direct Infrastructure 2020 fund, which can invest in renewable energy assets.
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BNP Paribas has added a number of hires to its roster of Energy, Resources and Infrastructure (ERI) Americas investment bankers, including at the managing director and director level.
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A director at RWE Renewables has left the developer to take up a senior role at Invenergy.
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The Inter-American Development Bank (IDB) has thrown its weight behind the shift towards loans and projects being fully aligned with the Paris climate agreement, timing its announcement for COP26.
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Macquarie's Green Investment Group will be housed under Macquarie Asset Management (MAM), effective April 1, 2022, as part of an internal corporate reshuffle.
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A buyer north of the border has emerged for American Electric Power's regulated utility subsidiary Kentucky Power and its regulated transmission business AEP Kentucky Transco.
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Hawaiian Electric has filed a draft request for proposals (RFP) seeking 95 MW of power generation on the eastern region of Hawaii island.
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Power Finance & Risk is pleased to announce the short list for the following award: Renewable Energy Deal of 2020.
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