Australian generation and utility company AGL has announced plans to issue Requests for Expressions of Interest for 500 MW wind projects in an attempt to replace the power produced by its Liddell coal-fired power plant, which will be shut down in 2022.
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.
Enel, acting through its Spanish subsidiary Endesa’s local renewable energies company Enel Green Power España (EGPE), has signed an agreement to acquire 100% of Parques Eolicos Gestinver, owner of five wind farms in Spain with a total 132 MW capacity.
TerraForm Power, Inc. has announced that it has launched a voluntary tender offer to acquire 100% of the outstanding shares of Saeta Yield, S.A., a leading, publicly-listed European owner and operator of wind and solar assets, located primarily in Spain.
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.
The Solar Energy Corporation of India (SECI) has launched three separate tenders for renewable energy projects which altogether entail the development of 4070 MW. The authority is seeking developers for 2000 MW wind power projects and 2000 MW solar photovoltaic projects at locations proposed by bidders, plus a 70 MW solar PV park in the northern state of Assam.
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.
NTR has successfully closed three project debt facilities in recent weeks with AIB, Nord/LB and MUFG totaling €66.5 million (US$82,80 million). Two of the debt facilities will be utilized to finance the construction of new wind farms, while the third is for the refinancing of a wind farm already in operation.
The Administrative Council of Engie Brasil Energia SA has approved borrowing BRL1.04 billion (US$ 329.4 million) from Brazil's National Development Bank (BNDES), to support the development of the 327.7 MW Campo Largo Phase 1 wind project. No further details about the deal have been disclosed.
Germany’s Federal Network Agency has announced a second tender for offshore wind, targeting 1,610 MW of capacity to be put in operation after December 2020. This includes 60 MW not awarded in the first tender, in April 2017.
The European Investment Bank (EIB) is providing EUR48 million (US$59.65 million) to finance the construction and operation of three new wind farms in Austria (Kreuzstetten IV, Dürnkrut II and Hipples II) with a total capacity of 39 MW. The facilities will be operated by Windkraft Simonsfeld AG.
The government of the Canary Islands has confirmed that it will hold two auctions for large-scale wind and solar power projects this year. It has been reported in local press that 100 MW will be allocated in the solar auction, and 300 MW wind projects will be awarded in the other auction. No dates were disclosed.
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.
Abu Dhabi-based Masdar, Egyptian energy technology developer Elsewedy Electric and Marubeni Corporation have signed an agreement to develop an 800 MW wind project in Egypt. The estimated investment required has not been disclosed.
Invenergy has announced that it has completed construction financing for its 202.5 MW Upstream Wind Energy Center in Antelope County, Nebraska, USA.
IFC, a member of the World Bank Group, with support from the Government of Canada, has completed an US$80 million financing package for the construction and operation of a new, grid-connected, 50 MW wind farm in the Dominican Republic.
DEG (Deutsche Investitions- und Entwicklungsgesellschaft mbH) has acquired an equity interest of 10% in the Cibuk I wind farm in Serbia.
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.