Transmission
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Eversouce Energy’s Huntsbrook Offshore Wind (OSW) Hub project has been awarded a Department of Energy (DOE) grant of $89 million.
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Celeo has secured a $100 million bridge loan from Germany’s KfW IPEX-Bank for a portfolio of transmission projects in Chile.
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Peru’s investment promotion agency ProInversión is set to award 3 projects totalling $101 million in investments in December (2024).
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Spain’s Acciona has agreed to acquire Darby International Capital’s transmission business in Peru.
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The Department of Energy has awarded $2.2 billion in the second round of its Grid Resilience and Innovation Partnerships (GRIP) program to 8 projects that seek to strengthen transmission lines and expand grid capacity.
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National Grid has hired Sally Librera as president of its New York business and member of the company’s executive committee.
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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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Peru’s ProInversión has prequalified 5 bidders in an upcoming auction that will see the agency award 4 transmission projects totalling $137 million.
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The City of Great Falls, Montana, has selected Guzman Energy in its public request for proposals for a wholesale power partner.
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DE Shaw Renewable Investments (DESRI) has closed on the sale of transmission assets associated with the Arroyo Solar Project to the Public Service Company of New Mexico (PNM), PFR has learned.
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The energy transition in the US has been turbo-charged in recent years by sweeping federal government tax reform and state-level emissions targets. Despite the gigawatts of renewables being built across the nation, getting power connected to load markets remains a problem – transmission infrastructure is the hold up.
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US-based Mammoth Energy subsidiary Cobra Acquisitions is to receive $188.4 million in settlement proceeds from the Puerto Rico Electric Power Authority (PREPA) and the Financial Oversight and Management Board for Puerto Rico (FOMB).
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Energía de Colombia SAS ESP has landed COP$708 billion ($177m) for the refinancing of an operating transmission asset in Colombia.
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AEP subsidiaries Public Services of Oklahoma (PSO) and Southwestern Electric Power Company (SWEPCO) have jointly transferred 100% ownership of the $12 million Dover Substation to the Western Farmer’s Electric Cooperative (WFEC), PFR has learned.
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Peru’s ProInversión has prequalified 3 bidders in an upcoming auction that will see the agency award 5 transmission projects totalling $441 million.
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FirstEnergy has closed on the final $1.2 billion part of its $3.5 billion sale of a 30% ownership interest in FirstEnergy Transmission (FET) to Brookfield Super-Core Infrastructure Partners.
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State governments across the Northeast have signed a memorandum of understanding (MoU) to coordinate interregional transmission planning.
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CDPQ, through its power transmission platform Verene Energia, has agreed to acquire a 124km transmission project from Equatorial Energia.
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Canadian Infrastructure Bank has finalised a C$283.5 million (US$208m) loan to two Alberta transmission companies to construct a new transmission line.
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Santiago-based utility Transelec has acquired a transmission project located in the Antofagasta region of Chile from TotalEnergies.
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The Governor of Rhode Island, Daniel McKee, has signed an energy storage act into law, as the state aims to develop 600MW of utility-scale energy storage by 2033.
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Neoenergia, through its subsidiary Neoenergia Coelba, has signed a commitment to invest R$1.2 billion ($211m) in distribution networks in Bahia.
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Axium Infrastructure’s Coachella subsidiary has closed on the sale of its 49% interest in Morongo Transmission to the Morongo Band of Mission Indians.
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CenterPoint Energy subsidiary CenterPoint Energy Houston Electric (CPE Houston) has entered a $300 million term loan to cover damage from category 2 hurricane-like winds and tornadoes in Texas, PFR has learned.
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Peruvian investment promotion agency ProInversión has awarded a trio of transmission projects totalling $329 million in investments.
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Peruvian investment promotion agency ProInversión is expected to award $329 million in investments to 3 transmission projects this month (June 2024).
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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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energyRe has submitted proposals to the New York Independent System Operator (NYISO) to develop transmission systems bringing offshore wind power to New York City.
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Neoenergia is issuing R$1 billion ($185m) in debentures to finance transmission lines in Brazil.
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Energy storage and RNG developer Captona has closed a preferred equity investment in a community solar and microgrid portfolio owned by Scale Microgrids.
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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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Grupo Energía Bogotá, through its subsidiary Enlaza, has landed the greenlight to proceed with its Colectora transmission project in Colombia.
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Plus Power has closed a $133 million financing led by First Citizens Bank and NordLB for its 150MW/300MWh Cranberry Point Energy Storage project in Massachusetts.
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Con Edison has appointed former Evergy executive Kirkland Andrews as CFO as Robert Hoglund transitions toward retirement.
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Grupo Energisa has landed financing from the Brazilian development bank BNDES to support its distribution subsidiaries in Brazil.
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Alupar Investimento has landed a pair of transmission projects in an auction held in March by Chile’s National Electrical Coordinator (CEN).
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Neoenergia is issuing R$1.1 billion ($211m) in debentures to finance transmission lines won in a 2022 auction in Brazil.
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Global investment firm KKR will acquire Canadian energy and services company Emera’s equity interest in the Labrador Island Link (LIL) transmission site.
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Portland General Electric (PGE) has signed a non-binding memorandum of understanding (MoU) to acquire a 20% stake in the 3GW North Plains Connector transmission line, developed by Grid United and Allete.
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The California Independent Systems Operator (CAISO) has approved 2 major transmission initiatives for the state: 26 projects to help support the state's offshore wind capacity and Pattern Energy's SunZia Project tie-in to the state's grid.
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Neoenergia is planning to invest more than R$2.1 billion ($407m) into transmission works between 2024 and 2027 in Brazil.
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Scale Microgrids and EO Charging have formed a non-exclusive partnership to develop EV fleets, associated charging infrastructure, and on-site microgrid energy systems across high-grid capacity regions in the US.
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ISA CTEEP (Companhia de Transmissão de Energia Elétrica Paulista) is planning to issue R$1 billion ($198m) in debentures in Brazil.
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Brazil’s National Electric Energy Agency (Aneel) has approved the draft tender documents for the second transmission auction to be held this year (2024).
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The Federal Energy Regulatory Commission (FERC) has issued a regional transmission policy ruling, Order #1920, creating new interregional lines to accelerate the interconnection of new renewable energy projects.
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Tri-State Transmission has closed on its acquisition of transmission assets from United Power, finalising the split between the electric cooperative and the power distributor, PFR has learned.
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State-owned utility ENEE (Empresa Nacional de Energía Eléctrica) has launched an international auction for the construction of a $132.5 million transmission project in Honduras.
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Comvest Credit Partners has provided a $70 million senior credit facility to Nationwide Energy Partners (NEP) to pay off debt and develop utility infrastructure projects.
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Connecticut utility Eversource plans to reduce investments in the state by $500 million as it continues its 3-year rate dispute battle with the State's Public Utilities Regulatory Authority (PURA).
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United Power has closed on the $627million withdrawal payment to Tri-State Generation and Transmission Association, though sale of the transmission assets finalizing the split remains delayed by the Federal Energy Regulatory Commission, PFR has found.
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ITC Midwest has closed on its acquisition of transmission assets from Iowa's Maqouketa Municipal Electric Utility, PFR has learned.
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Hitachi Energy has invested more than $100 million alongside Investissement Quebec to upgrade and modernise its power transformer factory in Varennes and other facilities in Montreal.
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Georgia Power Company (GPC) has closed on its $317 million transmission line sale to Georgia Transmission Corporation (GTC), PFR has learned.
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Duke Energy has sold an aggregate principal amount of $177.3 million Series A storm recovery bonds to fund transmission repairs caused from major storms, PFR has learned.
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The Governor's Energy Office of Maine has released a request for information (RFI) regarding the state's first utility-scale offshore wind auction, totalling 3GW.
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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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The Department of Energy (DOE) selected LS Power's Southwest Intertie Project-North (SWIP-North) as a fourth conditional project for the first round of its Transmission Facilitation Program.
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New England states have jointly-submitted applications to compete in the second round of the Department of Energy (DOE)’s Grid Innovation Program (GIP) which has $1.82 billion to award.
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An Arizona federal judge has rejected a request by Native American tribes and environmental groups to halt the construction of Pattern Energy's SunZia project.
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Peru’s ProInversión has prequalified 5 bidders in an upcoming auction that will see the agency award 3 transmission projects.
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Entergy New Orleans is issuing $150 million in first mortgage bonds with the Bank of New York Mellon, PFR has learned.
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Alternus Clean Energy, a utility-scale independent power producer, has entered a joint venture partnership with Acadia Energy to develop 200MW of microgrid projects in New York State.
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Tri-State Generation will replace retiring chief operating officer (COO) Billy Ingold with 2 internal promotions, PFR has learned.
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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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Renew Energy Partners has completed financing on its fourth investment vehicle, Renew Energy Efficiency Projects 4 (EEP4), and signed a master revolving loan and security agreement with Mitsubishi.
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Brazil’s National Electric Energy Agency (Aneel) has awarded projects in the first transmission auction of the year.
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Natixis Corporate & Investment Banking has closed a $900 million letter of credit with Invenergy to fund its project development pipeline of utility-scale wind and solar projects, as well as battery storage systems.
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FirstEnergy has closed its $3.5 billion sale of an additional 30% ownership interest in its FirstEnergy Transmission subsidiary to Brookfield Super-Core Infrastructure Partners.
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The European Investment Bank (EIB) has signed a $125 million loan to support transmission development in Ecuador.
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Equatorial Energia has completed the sale of its transmission business Integração Transmissora de Energia (Intesa) in Brazil.
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The Department of Energy (DOE) has awarded $475 million in funding for 5 projects that feature renewable development on former mining lands. The projects are located across Arizona, Kentucky, Nevada, Pennsylvania, and West Virginia.
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Schneider Electric plans to invest $140 million into 2 Tennessee-based power distribution technologies manufacturing plants.
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Ørsted's 132MW South Fork Wind is the first utility-scale offshore wind project to become fully operational in the US. The achievement comes after nearly a decade of industry struggles since the first large-scale transmission farm, Cape Wind, failed in 2015.
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The Department of Energy's (DOE) Loan Programs Office (LPO) has signed a conditional loan of $72.8 million with the Tribal lands of the Viejas Band of the Kumeyaay Indians to develop a solar-plus-storage energy microgrid in Alpine, California.
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Delays on the development and licensing of transmission projects across Latin America is driving away investor interest, panelists at IJLatam 2024 in Miami said.
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EQT Corporation will acquire natural gas provider Equitrans Midstream Corporation in an all-stock transaction valued at $5.45 billion.
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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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Peruvian investment promotion agency ProInversión has called a tender for 3 transmission projects valued at a total of $100.8 million.
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Mammoth Energy Services has received $50.6 million from the Puerto Rico Electric Power Authority (PREPA) clearing the company's debt to the SPCP Group.
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The largest clean energy infrastructure project in US history was closed just before we started the new year. Pattern Energy inked $11 billion in financing for its 500+ mile transmission line connecting more than 3.5GW of stranded wind resources – SunZia.
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The New York State Energy Research and Development Authority (NYSERDA) has issued conditional agreements for 2 offshore wind projects in its fourth offshore wind solicitation: 810MW Equinor-owned Empire Wind 1 and Ørsted & Eversource-developed 924MW Sunrise Wind.
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DE Shaw Renewable Investments (DESRI) will sell multiple transmission assets associated with its Arroyo Solar Project to the Public Service Company of New Mexico (PNM), PFR has learned.
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Tri-State Generation and Transmission Association has received a key state-level regulatory approval from the Colorado Public Utilities Commission (CPUC) on the $75 million sale of its transmission facilities, contracts, and assets to United Power, PFR has learned.
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The Department of Energy (DOE) has conditionally awarded $366 million to 17 projects that aim to improve the transmission and electrical distribution of power in rural and remote areas across the US.
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PJM Interconnection has appointed Eversource Energy's senior vice president of engineering as its executive VP of operations.
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Actis has today (21 February) launched a Brazilian transmission platform with the acquisition of an operational transmission asset.
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Brazil’s National Electric Energy Agency (Aneel) is preparing its second transmission auction to be held this year (2024).
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Cemig-D, the Brazilian utility’s distribution business, is planning to issue R$2 billion ($402 million) in bonds on 15 February 2024.
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ISA CTEEP has committed to invest a total of R$5 billion ($1 billion) in Brazilian transmission by 2029.
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Law firm Skadden has rehired the former commissioner, chairman and general counsel of the Federal Energy Regulatory Commission (FERC).
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Spanish construction group Grupo ACS, through its subsidiary Dragados, has landed financing for 3 transmission lines in Peru.
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Jamaica Public Service Company (JPS) has landed a $100 million financing package from development finance institution IDB Invest.
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The Department of Energy (DOE) has opened a request for proposals (RFP) for the second round of its utility-scale transmission upgrade program, with $1.2 billion available to fund projects.
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Enel has landed conditional approval for the sale of its distribution businesses in Peru to China Southern Power Grid International (CSGI).
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Peru’s investment promotion agency ProInversión is launching a tender for 4 transmission P3 projects, totalling $137 million in investments.
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Energía de Colombia SAS ESP has requested a loan from IDB Invest for a transmission project the company is refinancing in Colombia.
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Chile’s National Electric Coordinator (CEN) has released its 2024 plan to expand the transmission system in the country.
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JP Morgan-backed independent power producer Onward Energy has hired the former chief executive of the California Independent System Operator (CAISO) to replace president and CEO, Steve Doyon, who has retired.
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Consortiums led by Invenergy and TotalEnergies were awarded offshore wind projects with conditional contracts of 3.74GW capacity as the New Jersey Board of Public Utilities (NJBPU) closes its third-round tender.
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Power company Grupo Energisa has launched a R$2 billion ($405 million) share offering in Brazil.
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United Power is to buy its transmission facilities, contracts, and assets, from Tri-State Generation and Transmission Association (Tri-State) for $75million in a transaction critical for the utility's split from the electric cooperative, PFR has learned.
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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) has announced its plan for solar projects across the western US through an updated roadmap as part of its solar development plan for the region.
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GE-owned power plant EFS Parlin has closed on the sale of all of its interconnection rights and started the decommissioning process of its 123.5MW natural gas facility following bankruptcy.
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Xcel Energy has commenced construction on its two initial phases of the 460MW Sherco Solar project, with an additional 250MW co-sited solar array is pending permit approval, as it replaces a coal-fired plant in Minnesota.
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India’s Sterlite Power has landed financing from Sudene’s Northeast Development Fund (FDNE) for a transmission project in Brazil.
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Allete and Grid United's subsidiary, North Plains Connector, have signed development agreements on the North Plains Connector project, an approximately 400-mile high-voltage direct-current (HVDC) transmission line from central North Dakota to Colstrip, Montana.
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Southern Company subsidiary Georgia Power Company (GPC) will sell multiple specified transmission lines to Georgia Transmission Corporation (GTC), PFR has learned.
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Brazil’s National Electric Energy Agency (Aneel) has awarded projects in the second transmission auction of the year.
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Renewables and utility project developer Invenergy has opened a regional office in Montreal, becoming the company’s Quebec-based hub for Eastern Canada.
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IDB Invest has agreed to provide long-term financing to Air-e to support the company’s distribution services in Colombia.
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PJM Interconnection awarded Potomac Edison and Mid-Atlantic Interstate Transmission (MAIT) 3 transmission projects, totaling more than $800 million, in Pennsylvania, Maryland, Virginia, and West Virginia.
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PJM has selected the MidAtlantic Resiliency Link project proposal from a NextEra subsidiary to address reliability issues in its western grid sections.
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Renewable and utility developer Invenergy has acquired the Atlantic Power Transmission (APT) project from Blackstone, relaunching the New Jersey transmission initiative as Jersey Link, to support New Jersey’s offshore wind goals.
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Brazilian utility Alupar won a transmission project in an auction launched in August by Colombia's Mines and Energy Planning Unit (UPME).
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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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Although an issue facing the whole energy sector, transmission and grid connectivity for the offshore wind industry has reached a whole new level of complexity.
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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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Brazil’s National Electric Energy Agency (Aneel) has approved the draft tender documents for the first transmission auction to be held in 2024.
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Colombian infrastructure company Interconexión Eléctrica SA (ISA) has secured an up to COP$500 million ($124 million) loan.
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A section of Pattern Energy’s $10 billion Arizona-based SunZia Transmission project has been temporarily suspended by federal land managers following a request from the Tohono O’odham Nation.
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Colombian energy company Grupo Energía Bogotá (GEB) has issued a $400 million green bond, the first such bond issued by a Colombian company on the international market.
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French energy company Engie is issuing R$2.5 billion ($507 million) in debentures to refinance assets in Brazil.
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FirstEnergy is planning a 5-year, $935 million transmission infrastructure upgrade in New Jersey.
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Canadian power company TransAlta will acquire Heartland Generation and Alberta Power (collectively, Heartland) from an affiliate of Heartland’s parent company, Energy Capital Partners.
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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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EDP Brasil has agreed to offload a duo of operational transmission projects to Edify Empreendimentos e Participações.
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Brazil’s Equatorial Energia is parting ways with its transmission business Integração Transmissora de Energia (Intesa).
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MISO has selected an Ameren subsidiary to lead the development of a $84 million transmission project during the board's second bidding process for Tranche 1 of its Long-Range Transmission Planning (LRTP).
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Peru’s investment promotion agency ProInversión has awarded a duo of transmission projects totaling $800 million in investments.
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Texas-based utility CenterPoint Energy has appointed Jason Wells to chief executive and board member.
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The New Mexico Public Regulation Commission (PRC) has approved Xcel's early closure of its 1.067GW coal-fired Tolk Generating Station in 2028.
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French construction company Vinci has won two contracts to carry out engineering, procurement, and construction (EPC) services for transmission projects in Brazil.
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Rise Light & Power and Corio have purchased stakes in TotalEnergies's 3GW Attentive Energy offshore wind farm, paying a total of $420 million.
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New York Governor Kathy Hochul has vetoed an Equinor and BP-endorsed bill to build underground transmission lines from its offshore wind projects into the city of Long Beach. Hochul's rejection of the Planned Offshore Wind Transmission Act strikes another blow to the industry a week after the state government shot down a financial relief bill for offshore wind developers.
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The Department of Energy (DOE) has awarded $3.46 billion for 38 grid-reliability projects, which will modernize and stabilize the grid, especially from extreme weather events.
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Brazilian power company Energisa is issuing bonds for up to R$1.837 billion ($364 million) to finance energy infrastructure projects across Brazil.
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Invenergy's $7 billion transmission project, the Grain Belt Express, has received approval from the Missouri Public Service Commission (MPSC), the last step in securing state approval for project enhancements.
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Neoenergia has completed the sale a 50% stake in the company’s transmission assets to a fund of Singaporean institutional investor GIC.
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Peru’s investment promotion agency ProInversión is planning to award a duo of transmission projects totaling $800 million in investments on October 27, 2023.
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Maritime Electric Company, a Prince Edward Island (PEI), Canada-based utility, has received $19 million from the Canadian government for its sustainable electrification initiative aimed at updating the local grid and critical connection areas.
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The SOO Green HVDC Link transmission project, a unique underground transmission line that will follow the route of existing Canadian Pacific railroads, moved a step further towards construction after it was approved by Iowa regulators.
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A bill to streamline the US energy transmission system has been introduced by Californian politicians.
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Energy management business Schneider Electric has revealed its 160,000-square-foot electrical manufacturing plant in El Paso, Texas, its largest factory in the US. The plant will produce low- to medium-voltage electrical products used to transfer power from the grid to industrial, commercial, and residential customers.
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Power management company Eaton has made a $150 million investment in electrical power distribution manufacturing, bolstering its manufacturing presence in North America.
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Described as “transformative legislation” and a “fantastic opportunity” the Inflation Reduction Act (IRA) has bolstered investment into US renewable energy at breakneck speed. Yet, one year on from its historic enactment many hurdles remain for financing renewables projects in the US. Chiefly, the permitting system.
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I Squared Capital has sold its electric distribution business the firm owns in Guatemala to Threelands Energy.
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Brazil’s National Electric Energy Agency (ANEEL) is preparing for the first transmission auction to be held in 2024.
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Rialma Administração e Participações is set to win an additional transmission lot in Brazil’s June auction after the original winner was disqualified.
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Power management company Eaton has invested $500 million to expand its transformer and EV charging technology manufacturing presence in North America, to aid in grid modernization and support the US energy transition.
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Peru's ProInversión has granted transmission projects totaling $118 million in investments.
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ISA CTEEP (Companhia de Transmissão de Energia Elétrica Paulista) is being considered for one of the unawarded lots in Brazil’s June transmission auction.
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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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Xcel Energy has filed the paperwork on an upgrade of nearly 100 miles of transmission line in Minnesota and eastern South Dakota,
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Peruvian investment promotion agency ProInversión is tendering five transmission projects in Peru.
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Illinois governor J. B. Pritzker has vetoed a portion of a bill that would limit transmission competition and raised prices on green energy projects in the state.
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On-site industrial energy developer One Energy and SPAC, Tortoise Acquisition Corp. III (TRTL), have entered into a merger agreement to become the publicly listed company One Power Co. The new firm has an enterprise value of $300 million, with common stock valued at $10 per share.
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Guatemala's National Electric Energy Commission (CNEE) has revealed the full list of 16 awardees from the PEG-4 reverse auction, and over 70% (or 191MW) of the auction's 235MW was given to new renewable energy projects.
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The Alberta government has paused approval of renewable generation projects as the Alberta Utilities Commission (AUC) reviews recent policy issues and competing public interest factors.
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Brazil’s National Electric Energy Agency (Aneel) has disqualified one of the winning bidders in a transmission auction held earlier this year citing the winner's incapability to carry out the projects.
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Minnesota Power and Great River Energy's joint transmission project, Northland Reliability Project, has reached another step in the state regulatory process.
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Brazil’s National Electric Energy Agency (Aneel) has approved the draft tender documents for the second transmission auction of 2023.
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Hydro One, Ontario's largest transmission and distribution provider, has filed an application with the Ontario Energy Board (OEB) to build and run its proposed $1.2 billion Waasigan Transmission line, which will provide energy to northwestern Ontario.
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Peruvian investment promotion agency ProInversión has awarded the Piura Nueva – Frontera transmission PPP that will interconnect Peru and Ecuador.
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The FERC has unanimously passed the final rule for Order #2023, which reforms the commission's generation interconnection procedures and aims to shorten the wait time for projects to connect to the grid.
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State-owned utility Companhia Paranaense de Energia (Copel) has launched a R$4.3 billion ($912 million) share offering to privatize the company.
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FirstEnergy subsidiary West Penn Power will expand transmission in Pennsylvania as it begins connecting solar energy projects in Fulton and Franklin counties to the state’s electric grid.
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RS Technologies, a portfolio company of Werklund Growth Fund and Energy Impact Partners, closed a multi-bank credit facility with JP Morgan, Bank of Montreal, The Toronto-Dominion Bank, and Export Development Canada.
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Brazil’s National Electric Energy Agency (Aneel) has awarded projects in the first transmission auction of the year.
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The Government of Ecuador has fulfilled parts of a pre-contractual procedure to obtain credit lines to fund a transmission line cross-border project between Ecuador and Peru.
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The Development Bank of Latin America (CAF) has approved a loan to finance distribution networks in Ecuador.
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LS Power Grid Maine has received legislative approval for Aroostook Renewable Gateway, an electric transmission line to interconnect renewable energy resources in northern Maine with the electric grid operated by the New England independent system operator (ISO-NE).
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The New York Independent System Operator (NYISO) has selected the Propel Alternate Solution 5 project for the Long Island Offshore Wind Export Public Policy Transmission Need solicitation.
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Colombian energy distributor Air-e has requested a loan from IDB Invest to support the development of its distribution services.
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Brazil’s National Electric Energy Agency (Aneel) has confirmed the first transmission auction of this year to be held on June 30.
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Neoenergia, the Brazilian energy distributor owned by Iberdrola, has landed a green and sustainability-linked loan from the International Finance Corporation (IFC) to support the expansion of its distribution subsidiary.
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Republic Transmission – a subsidiary of LS Power – has secured a contract from MISO to develop, own, operate and maintain a double-circuit transmission line in northern Indiana.
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Neoenergia has signed a financing agreement that will support the expansion of its energy distribution business in Brazil.
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New Jersey has begun the process for its second offshore wind transmission solicitation, which will bring the state closer to its newly increased offshore wind policy target of 11GW.
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Peruvian investment promotion agency ProInversión and Acciona have signed a concession contract for 2 power transmission lines in Peru.
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Brookfield-backed Quantum has acquired the remaining stake in transmission company Sertaneja.
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I Squared Capital has completed a $400 million growth capital investment in US distributed energy resource platform RPower.
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Chilean transmission company Transelec has boosted the capacity of a power line running through the Santiago Metropolitan Region to avoid curtailment of renewable energy due to grid constraints and prevent financial losses.
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Neoenergia has agreed to sell half of its transmission assets to a fund of Singaporean institutional investor GIC.
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The World Bank’s International Finance Corporation (IFC) will provide up to $175 million to strengthen Guatemala’s power distribution.
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The government of Colombia will tender a 500/230kV transmission substation project, the first such tender in in the country.
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Canada’s Algonquin Power & Utilities Corp. and American Electric Power have pulled the plug on the deal for AEP’s utility subsidiary Kentucky Power and its transmission business AEP Kentucky Transco.
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Peruvian investment promotion agency ProInversión is looking to award the Piura Nueva – Frontera transmission project in July.
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Chile’s national energy commission is calling for an international public tender to award the construction, execution and operation of 15 transmission works, with a combined value of $414 million.
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Paraguay’s National Electricity Administration (ANDE) and the Plata Basin Financial Development Fund (Fonplata) have agreed to terms for a loan to develop a transmission line project.
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Brazil’s National Electric Energy Agency (Aneel) is preparing its second transmission auction of the year, the largest in terms of investments ever held in the country.
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Argentina’s federal transmission trust fund has launched a tender for a project in Catamarca province as part of the country’s regional electricity improvement plan.
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The California Independent System Operator (CAISO) has nominated LS Power Grid California to finance, construct, own, operate and maintain two projects to support electricity reliability in California:
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The Chilean National Commission of Energy is launching a request for proposals (RFP) for transmission projects in the country.
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FirstEnergy Corp. has agreed to sell an additional 30% stake in its transmission unit to an affiliate of investment firm Brookfield Asset Management.
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Peruvian investment promotion agency ProInversión has awarded two electricity transmission PPPs to Spain-based infrastructure company Acciona Concesiones.
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Allete is partnering with Grid United on a $2.5 billion transmission line between the states of North Dakota and Montana.
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The National Electric Coordinator has released its plans for a $279 million expansion of the transmission system in Chile.
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