Anheuser-Busch and Enel Green Power, have announced y that they have signed a power purchase agreement (PPA), whereby Anheuser-Busch will purchase the energy delivered to the grid and renewable electricity credits from a portion of Enel’s Thunder Ranch wind project in the amount of 152.5 MW.
Energy Finance & Investment News in North America
Kimberly-Clark has entered long-term power purchase agreements to take 120 MW or 78 percent of electricity to be generated by the Rock Falls Wind project being developed by EDF Renewables in northern Oklahoma and 125 MW or 42 percent of the electricity to be generated by the Santa Rita Wind Energy Center being built by Invenergy in West Texas.
The Gainesville City has signed an “asset purchase agreement” for the purchase the Gainesville Renewable Energy Center (GREC). The total value of the transaction is US$750 million.
8minutenergy Renewables, LLC, the leading independent solar developer in the U.S.,has announced the closing of debt and tax equity financing for its 26 MW Redwood 4 Solar Farm located in Kern County, California.
DONG Energy and NaiKun Wind Energy Group have signed a Letter of Intent (LOI) which gives DONG Energy the exclusive rights to negotiate a joint development agreement for the Haida Energy Field Offshore Wind Project in British Columbia and explore the potential for establishing a long-term partnership with Naikun Wind Energy Group
Greenwood Energy has announced the closing of a US$52.8 million tax equity and debt financing on a portfolio of solar photovoltaic (PV) projects with a combined generating capacity of 26 MW.
Tenaska has closed refinancing on its 150 MW Tenaska Imperial Solar Energy Center West project through an issuance of US$400 million of senior secured, long-term notes. The private placement received an investment-grade rating of BBB by Kroll.
Mexico’s Secretariat of Environment and Natural Resources (Semarnat) has received six large-scale PV projects for environmental approval with a combined capacity of 843.6 MW. Four developers requested the permits to develop the solar projects in different parts of the country.
Onyx Renewable Partners, backed by funds managed by Blackstone Energy Partners and Blackstone Capital Partners, has announced the closing of its third major tax equity partnership for 60 MW of solar PV projects (16 separate projects) across six US states.
True Green Capital Management LLC (TGC), an institutional asset manager specializing in distributed power generation, with a current focus on commercial photovoltaic solar, announced it has closed its latest discretionary fund, True Green Capital Fund III, L.P.
Duke Energy Florida filed a revised settlement agreement with the Florida Public Service Commission (FPSC) which includes plans to add 700 MW of solar capacity.
Starwood Energy Group Global, a private investment firm focused on energy infrastructure, has announced that it has sold 49% of its interests in the Horse Creek and Electra wind farms to Munich Re Group, advised by its group-internal asset manager MEAG.
Alterra Power and Inovateus Solar have announced the closing of a US$19.9 million construction loan facility for the Spartan solar project, an 11 MW solar project located on the Michigan State University campus in East Lansing, Michigan.
First Solar, Inc. has announced it has completed the sale of the 280 Megawatt (MW)AC California Flats Solar Project in Monterey County, Calif., to global private asset manager Capital Dynamics. Terms of the deal were not disclosed.
First Solar, Inc. and D. E. Shaw Renewable Investments, L.L.C. (DESRI) have announced the acquisition by the latter of the 40 Megawatt (MW)ac Cuyama Solar Project in Santa Barbara County, California. Terms of the deal were not disclosed.
Sempra Energy today announced an agreement to acquire Energy Future Holdings Corp., the indirect owner of 80 percent of Oncor Electric Delivery Company, LLC, operator of the largest electric transmission and distribution system in Texas.
Calpine Corporation has announced that it has entered into a definitive agreement under which Energy Capital Partners (Energy Capital or ECP) along with a consortium of investors led by Access Industries and Canada Pension Plan Investment Board will acquire Calpine for US$15.25 per share in cash, or US$5.6 billion.
Heelstone Energy Holdings, LLC has announced the sale of a 194 MWDC utility-scale solar portfolio to Sammons Renewable Energy (SRE).
Enel Green Power North America, Inc. (EGPNA), the Enel Group’s US renewable energy company, acting through its subsidiary Red Dirt Wind Holdings, LLC, has signed a tax equity agreement worth approximately US$340 million with MUFG and Allianz Renewable Energy Partners of America LLC (Allianz) for the 300 MW Red Dirt wind project located in Oklahoma.