ENGIE North America Inc. has announced that it has acquired Infinity Renewables, a leading developer of utility-scale wind projects in the United States. The acquisition includes more than 8,000 MW of projects in various stages of development.
Energy Finance & Investment News in USA (United States of America)
Copenhagen Infrastructure Partners and Avangrid Renewables have announced that they have received preliminary approval for their transmission plan for the 800 MW Vineyard Wind Project.
Invenergy has announced the successful refinancing of the 110.4 MW Gratiot County Wind Project located near Breckenridge, Michigan, USA.
Sol Systems and Nationwide have launched a joint venture: Helios Infrastructure Fund. Helios’ initial objective is to acquire, develop, build and own over 330 MW of utility and commercial solar assets throughout the USA in the next 12 months, with an aim to expand the platform thereafter.
Orion Energy Partners, L.P has announced it has closed Orion Energy Credit Opportunities Fund II. The fund was oversubscribed with commitments totaling US$816 million, exceeding the target fund size of US$750 million.
Tenaska has signed a 25-year power purchase agreement (PPA) with Associated Electric Cooperative Inc. for the 236 MW Tenaska Clear Creek Energy Center project, located near Maryville in northwest Missouri. The project is anticipated to be operational in 2020.
Capital Dynamics has announced that its Clean Energy Infrastructure (CEI) team has agreed to acquire 8point3 Energy Partners LP, a yieldco based in San Jose, California. The publicly-traded company is comprised of approximately 710 MW of net generation capacity in fully operational, US-based solar assets.
Taaleri Energia Ltd has acquired the 277 MW Truscott-Gilliland East Wind Project, the company’s first U.S. wind project, located in Knox County, Texas. The acquisition represents approximately US$350 million of investment in the North American renewable power sector.
The Department of Energy and Environmental Protection (DEEP) of Connecticut has announced is seeking proposals from developers of qualified offshore wind, fuel cell, and anaerobic digestion Class I resources for projects to be located anywhere in New England, a region comprising six states of the northeastern United States.
E.ON has announced the successful tax equity financing of its 305.8 MW Radford's Run wind farm in Macon County, Illinois, in the US Midwest. Allianz Renewable Energy Partners of America and Bank of America Merrill Lynch provided tax equity financing in exchange for a partial interest in the project.
Massachusetts utilities has announced that they have selected a Eversource Energy’s subsidiary Northern Pass Transmission (NPT) and Hydro-Québec joint proposal to supply 9.45 TWh of firm clean energy, which will help the state enhance reliability and contribute to its greenhouse gas reduction requirements.
U.S. Geothermal Inc. has announced that it has entered into a definitive merger agreement under which a wholly owned subsidiary of Ormat Technologies, Inc. will acquire the company for US$5.45 per share in an all cash transaction.
EnCap Flatrock Midstream has announced the final closing of EnCap Flatrock Midstream Fund IV, L.P. The substantially oversubscribed fund exceeded its US$3 billion target and reached its US$3.25 billion hard cap within six months.
The Federal Energy Regulatory Commission of the USA has approved the merger application filed by Hydro One Limited in Canada and Avista Corporation in the US. The application, filed in September 2017, concerns a definitive merger agreement under which Hydro One will acquire Avista for CAD67 million (US$53 million) per share in a CAD6.7 billion (US$5.3 billion) all-cash transaction.
Lincoln Clean Energy (LCE), a portfolio company of I Squared Capital, has announced that it has closed the financing of its Tahoka Wind project, a 300 MW wind farm in Lynn County, Texas.
Starwood Energy has recently committed US$135 million capital to its Starwood Energy Infrastructure Fund III, taking the fund's total to US$989 million.
Invenergy has announced that it has completed construction financing for its 202.5 MW Upstream Wind Energy Center in Antelope County, Nebraska, USA.
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.
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.