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.
Energy Finance & Investment News in North America
DIF has completed the refinancing of a portfolio of three operational, ground-mounted solar photovoltaic projects located in Ontario, Canada.
Capstone Infrastructure Corporation has announced that it has acquired the remaining interests in Glen Dhu Wind Energy Limited Partnership and Fitzpatrick Mountain Wind Energy Inc., and closed a new corporate credit facility.
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.
Pattern Energy Group has announced that it has secured CAD$1 billion (US$798,23 million) financing for the 300 MW Henvey Inlet wind project located on Henvey Inlet First Nation Reserve No. 2 on the northeast shore of the Georgian Bay in Ontario.
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.
Connor, Clark & Lunn Infrastructure has announced the closing of two separate bond financings with a total of approximately CAD359 million (US$279.3 million) for the 50 MW Windsor Solar Project and the 50 MW Southgate Solar Project.
The Abraaj Group announced it has invested in a 111 MW natural gas-fired power plant in Chihuahua, Mexico. The investment represents the first phase of Abraaj’s plan to develop a 500 MW natural gas-fired power generation platform in the country.
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.
Neoen has won the third Mexican call for tenders on 22 November 2017 with its 377 MWc solar photovoltaic project in the state of Aguascalientes, due to be connected to the grid in June 2020.
The Secretariat of Energy (SENER) of Mexico has announced that two solar projects totaling 337 MW have officially reached financial close.
ENGIE strengthens its presence in the Mexican renewable energy market by obtaining four projects in the Long Term Electricity Auction organized by Mexico’s National Center for Energy Control (CENACE).
Canadian Solar will develop and build three projects in Mexico, totaling 367 MWp. Once connected to the grid, the electricity generated will be sold to the Comisión Federal de Electricidad (CFE) under a 15-year power purchase agreement.
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.
IPPToday #105: Enel will develop 593 MW of wind capacity in Mexico following the third renewable auction in the country
Enel S.p.A., has been awarded the right to sign a number of contracts in Mexico to supply energy and clean certificates with four wind projects for a total capacity of 593 MW in the country’s third long-term public tender since its energy reform.