Sempra Energy has announced that it has entered into an agreement to complete the sale of its U.S. renewables business by selling its remaining wind operating and development assets to American Electric Power (AEP) for US$551 million in cash, subject to closing adjustments and working capital.
Energy Finance & Investment News in North America
Clear Creek Midstream, LLC has announced an initial venture capital commitment of US$300 million from EnCap Flatrock Midstream.
Altius Minerals Corporation has announced that its recently formed subsidiary, Altius Renewable Royalties Corp. (ARR), has entered into a transaction with Tri Global Energy, LLC (TGE), to gain future royalties related to a portfolio of wind energy development projects.
GE has announced that it intends to intensify its focus on the growing renewable energy market by consolidating all of the company's renewable and grid assets into a single, simplified Renewable Energy business.
Cubico Sustainable Investments has announced that it has agreed to acquire five solar projects totalling 580 MW from Cypress Creek Renewables, located in South Carolina, North Carolina and Texas.
Hydro One Limited and Avista Corporation have announced that the companies have mutually agreed to terminate their merger agreement, announced in July 2017.
ExxonMobil and Qatar Petroleum have announced a final investment decision to proceed with development of the Golden Pass LNG export project located in Sabine Pass, Texas.
Northern Indiana Public Service Company LLC (NIPSCO) has announced that it has signed development agreements for three wind projects in Indiana, a state located in the Midwestern region of the USA, with a combined installed capacity of 800 MW.
Google has announced that it has signed a power purchase agreement (PPA) with the Tennessee Valley Authority (TVA) for 413 MW solar power to be generated by several new photovoltaic power plants in the region, comprising 1.6 million solar panels.
Scout Clean Energy has announced the closing of construction financing and tax equity commitments for the 300 MW Ranchero wind project, located in Crockett County, Texas, southern USA.
Invenergy has announced that it has completed construction financing for its 302.4 MW Santa Rita East Wind Farm, located approximately 70 miles (113km) west of San Angelo, Texas.
Energias de Portugal S.A. (EDP) has announced that EDP Renováveis, S.A. (EDPR), 82.6% controlled by EDP, has closed an agreement to sell an 80% equity shareholding in a portfolio of fully-owned wind onshore assets in the United States and Canada to Axium Infrastructure.
Apex Clean Energy has announced the purchase of 442.5 MW of solar projects located across the eastern US state of Virginia from renewable energy developer SolUnesco.
ContourGlobal plc has announced it has reached an agreement with Alpek S.A.B. de C.V. to acquire Alpek’s portfolio of two natural gas-fired combined heat and power (CHP) plants, together with development rights and permits for a third plant, for US$724 million in cash.
Southwestern Electric Power Company (SWEPCO), a subsidiary of American Electric Power (AEP) has launched a Request for Proposals (RFP) for up to 1,200 MW of wind energy resources to be in commercial operation by 15 December 2021.
The Bureau of Ocean Energy Management (BOEM) of the US government has announced the completion of the nation’s eighth and highest grossing competitive lease sale for renewable energy in federal waters.
The Carlyle Group has agreed to acquire Emera’s three natural gas-fired generation facilities in New England for $590 million. The seller is Emera Inc. J.P. Morgan provided financial advice on the deal. The transaction is expected to to close in the first quarter of 2019.
The European Investment Bank (EIB) has announced that it has signed an US$87 million loan to part-finance three photovoltaic (PV) solar power plants in Mexico, with a total installed capacity of 1,088 MWp.
New York State Energy Research and Development Authority (NYSERDA) has launched its first request for proposals (RFP) for offshore wind energy, seeking to procure 800 MW or more of offshore wind renewable energy certificates (ORECs).
The Secretary of the Interior of the USA has announced three major developments in the country's offshore wind energy sector.