Quinbrook Infrastructure Partners and GE have announced that the Quinbrook Low Carbon Power Fund has closed construction and tax equity financing of the 200 MW first stage of the 365 MW Persimmon wind farm project in Oklahoma, USA.
Energy Finance & Investment News in USA (United States of America)
Tucson Electric Power (TEP) plans to issue a request for proposals (RFP) this week for the design and construction of new wind energy projects that could power up to 31,000 homes annually in the Tucson metropolitan area. Tucson is the second-largest populated city in the US state of Arizona.
Brookfield Business Partners L.P, together with institutional partners, has announced that it has entered into an agreement to acquire 100% of Westinghouse Electric Company, a leading global provider of infrastructure services to the power generation industry, from Toshiba Corporation.
Dominion Energy, Inc. and SCANA Corporation have announced an agreement for the companies to combine in a stock-for-stock merger. Including assumption of debt, the value of the transaction is approximately $14.6 billion.
EDP Renováveis, S.A. (EDPR), through its fully owned subsidiary EDP Renewables North America LLC, has completed two tax equity financing deals in exchange for interests in four wind and three solar projects in the USA. The total financing amounts to US$507 million.
ISQ Global Infrastructure Fund II, which is owned by I Squared Capital, an infrastructure private equity firm based in New York, is acquiring the Latin American and Caribbean businesses of Inkia Energy, a wholly-owned subsidiary of IC Power Ltd., for US$1.2 billion.
Lightsource and BP have announced that they have agreed to form a strategic partnership. Lightsource, Europe’s largest solar development company, will be rebranded as Lightsource BP.
African energy stakeholders to meet leading international businesses in Washington, D.C. to discuss investment partnerships
U.S. Government agency Power Africa and EnergyNet have joined forces for a 4th year to unite African stakeholders with global leading businesses in the heart of the U.S. capital, Washington D.C.
Invenergy has announced that it has completed construction financing for its 132 MW Bishop Hill III Wind Energy Center in Henry County, Illinois.
Enel, through its US renewables company Enel Green Power North America, Inc, has signed a cash equity agreement with investment fund Gulf Pacific Power, LLC, whereby the Group will sell to the fund 80% of the “Class A” shares in EGPNA’s subsidiary Rocky Caney Wind, LLC, the owner of the 200 MW Caney River wind farm in Kansas and 150 MW Rocky Ridge wind farm in Oklahoma.
Canadian Solar Subsidiary Recurrent Energy Secures Debt Financing for 20 MW California Solar Project
Recurrent Energy, LLC, a wholly owned subsidiary of Canadian Solar Inc., today announced it has closed on a combined construction loan and construction letter of credit facility for the 20 MWac/28 MWp Gaskell West 1 solar power project.
Enel Green Power North America, Inc. (EGPNA), the U.S. renewable energy company of the Enel Group, has started construction of the Rattlesnake Creek wind farm in the United States. Once completed, Rattlesnake Creek will have a total installed capacity of 320 MW and will be Enel’s first wind farm in the state of Nebraska.
SemGroup Corporation (SEMG) has reached an agreement to sell its 50 percent interest in Glass Mountain Pipeline, LLC to an affiliate of BlackRock Inc.’s Global Energy and Power Infrastructure Fund(GEPIF) in partnership with Navigator Energy Services for US$300 million.
The sale of the Gainesville Renewable Energy Center biomass plant in Florida has been closed by consortium led by private equity fund manager Starwood Energy Group Global to the City of Gainesville for US$750 million.
Dynamic Energy Networks (DEN) has announced strategic alliances with established energy and industrial sector powerhouses Schneider Electric and The Carlyle Group.
Starwood Energy has finalized agreements to finance and construct the 100 MW Northwest Ohio Wind Project, located in Paulding County, Ohio.
Global alternative asset manager The Carlyle Group has announced executive leadership changes, effective January 1, 2018.
Southern Company Gas to Sell Elizabethtown Gas and Elkton Gas to South Jersey Industries in $1.7 Billion Deal
A subsidiary of Southern Company Gas, Pivotal Utility Holdings, Inc., has entered into discussions to sell the assets of its utility operating divisions Elizabethtown Gas and Elkton Gas to South Jersey Industries with an enterprise value of about US$1.7 billion.
WRB Serra Partners has successfully completed the closing of WRB Serra Partners Fund I, L.P. with committed capital of US$46.5 Million. The fund secured capital from a mix of family office and institutional investors and the Overseas Private Investment Corporation.
USA-based power producer and transporter, Dominion Energy has released a request for proposals (RFP) seeking qualified bidders for the development of a new photovoltaic (PV) solar generation and new onshore wind facility.