Mergers & Acquisitions

Pattern Closes Sale of Québec Wind Project to Yieldco, PSP

Aug 14, 2018 - Taryana Odayar

Pattern Development has completed the sale of the 147 MW Mont Sainte-Marguerite project in Québec, Canada, to its yield company, Pattern Energy Group, and the Public Sector Pension Investment Board (PSP Investments).
Pattern Scratches Plan for New Mexico Dropdown

Aug 13, 2018 - Taryana Odayar

Pattern Development has removed a New Mexico wind project from the identified right of first offer list of its yield company Pattern Energy.
Hudson Signs Deal to Sell Eagle Creek Hydro Co.

Aug 10, 2018 - Shravan Bhat

A shareholder group led by Hudson Clean Energy Partners has agreed to sell hydro portfolio company Eagle Creek Renewable Energy to Ontario Power Generation.
Buyer Emerges for Starwood’s Compass as Term Loan B Debt is Repriced

Aug 10, 2018 - Taryana Odayar

Starwood Energy Group Global is selling a 50% equity interest in Compass Power Generation in a deal announced on the same day that the 1.1 GW gas-fired portfolio's term loan B debt was repriced.
M&A Mid-Year Review: Strong Demand for Renewables Pumps Deal Flow

Aug 10, 2018 - Taryana Odayar

Investors bidding fiercely to deploy capital into a limited supply of North American renewables projects are pushing up valuations and delving into development-stage assets, contributing to a more active mergers and acquisitions market, writes Taryana Odayar.
Denmark's Ørsted Acquires U.S. Wind Developer

Aug 09, 2018 - Taryana Odayar

Three years after making its first U.S. investment, Denmark’s largest energy company, Ørsted, has signed an agreement to acquire a leading developer, owner and operator of U.S. onshore wind farms.
Lightsource Snaps Up Development-stage Solar Assets in PJM

Aug 08, 2018 - Taryana Odayar

Lightsource BP has acquired a portfolio of six development-stage solar projects in PJM Interconnection from developer Orion Renewable Energy Group as part of its strategy of targeting markets with low solar penetration.
Sale of California Solar Assets to Chinese Co. Called Off

Aug 08, 2018 - Richard Metcalf

Recurrent Energy has cancelled the sale of a portfolio of operational solar projects in California to a Chinese investor after the deal failed to obtain required regulatory approval in time.
Colombia Seeks Bids for Troubled Utility

Aug 07, 2018 - Taryana Odayar

Colombian public utility regulator Superservicios has launched a pre-qualification process for investors interested in acquiring the country’s struggling power distributor Electricaribe, as a dispute with the utility's former private sector owner rumbles on.
Chile Wind Farm Up for Grabs Amid EPM Asset Sale

Aug 06, 2018 - Taryana Odayar

Colombian municipally-owned utility Empresas Públicas de Medellín has put an operational Chilean wind project on the market as it aims to raise $1.4 billion through asset sales to remain solvent in the wake of a natural disaster at its 2.4 GW Ituango hydro facility.
Carlyle Puts Golden State Peakers Under Hammer

Aug 03, 2018 - Taryana Odayar

The Carlyle Group is looking for a buyer for a 416 MW portfolio of gas-fired peakers in California, having appointed an investment bank to run an auction in June.
TransCanada Cuts Deal for Cartier Wind Portfolio

Aug 02, 2018 - Richard Metcalf

TransCanada Corp. has agreed to sell its majority stake in a cluster of five wind projects in Québec that are collectively known as Cartier Énergie Éolienne.
Dutch Pension Firm Back for More EDF Renewables Assets

Aug 01, 2018 - Taryana Odayar

Dutch pension fund manager PGGM has snapped up another 50% stake in an EDF Renewables project portfolio, just a month after the two companies closed a similar deal relating to a bundle of wind assets.
Creditor to Seize CCGT in Latest MACH Gen Restructuring

Jul 31, 2018 - Shravan Bhat

Talen Energy subsidiary New MACH Gen is handing over a roughly 1 GW gas-fired project to a creditor in exchange for a reduction of its debt burden as the CCGT portfolio goes through its latest restructuring.
Geronimo Partnership to Buy Texas Wind Farm

Jul 30, 2018 - Shravan Bhat

An investment partnership controlled by the leadership of developer Geronimo Energy is buying an operational wind project in Texas from Noble Environmental Power.
MIC Finds Buyer for Bayonne Energy Center

Jul 30, 2018 - Taryana Odayar

Macquarie Infrastructure Corp. has found a buyer for its 644 MW Bayonne Energy Center gas-fired plant in New Jersey.
Shell to Sell Stake in Antique Wind Project to Co-Owner

Jul 26, 2018 - Shravan Bhat

Shell WindEnergy is moving ahead with the sale of its half of a 15-year-old Colorado wind project to the company that already owns the remaining stake.
EDF Scores Buyer for Wind Project in Hawkeye State

Jul 25, 2018 - Taryana Odayar

EDF Renewables North America has locked down a buyer for a 91 MW project in Iowa that is due to be completed by the end of the year.
Canadian Developer Snaps Up Late-stage U.S. Wind Projects

Jul 24, 2018 - Taryana Odayar

Canadian developer BluEarth Renewables has lined up its second U.S. wind investment—the acquisition of a development-stage portfolio totaling some 795 MW in Medicine Bow, Wyo.
Prairie State City to Sell Transmission Assets to NextEra

Jul 23, 2018 - Power Finance & Risk

A subsidiary of NextEra Energy is set to acquire 20 miles of 138 kV transmission lines from a municipal utility in Illinois following a yearlong, competitive sales process.
Private Equity Firm Moves Forward with PJM Gas-Fired Portfolio Sale

Jul 20, 2018 - Taryana Odayar

LS Power has taken first-round bids for the sale of a 2.3 GW portfolio of gas-fired power plants located in the PJM Interconnection.
Spanish Developer Sells Mexico Solar Project with Pre-reform PPAs

Jul 20, 2018 - Taryana Odayar

Dhamma Energy has closed the sale of a 108 MW (DC) solar project in the Mexican state of Guanajuato that is contracted under private power purchase agreements signed before the country's energy reforms.
Sonnedix Buys Greenfield Solar Project in Chile

Jul 19, 2018 - Michael Turner

Miami-headquartered Sonnedix has bought a 138 MW solar project in Chile from a subsidiary of a Spanish developer, as the independent power producer continues its expansion in the country.
Auctioneers Lined Up for Solar Platform Sale

Jul 19, 2018 - Shravan Bhat

A pair of investment banks recently distributed marketing materials for the potential sale of a North American solar developer, including its operating project portfolio and pipeline.
Dominion Energy Seeks Buyers for Unregulated Gas-fired Assets

Jul 18, 2018 - Power Finance & Risk

Dominion Energy has hired a financial adviser to assist with the sale of two gas-fired plants as it seeks to raise cash to allow it to hit corporate debt reduction targets faster than previously planned.
CapDyn Teams Up with Korean Investor for Tenaska Solar Stake Purchase

Jul 17, 2018 - Richard Metcalf

Capital Dynamics partnered with a South Korean asset manager on its recent acquisition of minority stakes in Tenaska’s Imperial South and West solar projects in California's Imperial Valley.
Bankruptcy Court Approves Sale of FirstEnergy Coal-fired Plant

Jul 16, 2018 - Richard Metcalf

FirstEnergy Solutions has won bankruptcy court approval for its sale of a merchant coal-fired plant in PJM Interconnection.
FirstEnergy Lines Up Stalking Horse Bid for Retail Business

Jul 12, 2018 - Taryana Odayar

Exelon Generation Co. is looking to acquire FirstEnergy Solutions Corp.’s (FES) retail and wholesale load-serving business for a purchase price of $140 million in cash.
Developer Takes Bids for Renewables, CCGT Projects

Jul 11, 2018 - Power Finance & Risk

A European developer is marketing equity in a renewables portfolio after a sale process for two gas-fired projects was launched last month.
Recurrent's Solar Portfolio Sale to Chinese Firm Languishes

Jul 10, 2018 - Richard Metcalf, Shravan Bhat

Recurrent Energy's sale of a portfolio of solar assets in California to a Chinese buyer still has not closed, almost a year after being announced, prompting deal watchers to wonder whether the projects will come back to the market.

View Mergers and Acquisitions Archive

Latest Community

Aug 03, 2018 - Shravan Bhat

Michael Cohen, Nuclear Lobbyist?

As President Donald Trump's grand infrastructure plan hit the buffers earlier this year, his former attorney, Michael Cohen, was allegedly doing his own bit for the cause by seeking government funds for a mothballed nuclear project in Alabama, according to an Aug. 2 report in the Wall Street Journal.
Jul 20, 2018 - Shravan Bhat

#PowerTweets July 20, 2018: ERCOT, Plutonium Theft, Wildfires

The #PowerTweets feature tracks trends in project finance and M&A in the Americas on Twitter. For more news and coverage.
Jul 13, 2018 - Power Finance & Risk

Generators in Irish Sea?—British Plans for N. Ireland Power in Worst-case Brexit Scenario

British bureaucrats have drawn up radical contingency plans to keep the lights on in Northern Ireland—which relies on a shared energy market with the Irish republic—in the case of a “no-deal Brexit”, the Financial Times reported last week.

Mergers & Acquisitions

Trending

Latest Community

Recent Tweets

Power Finance & Risk

Content Channels

Community

My Account

Contact Us

Help

External Links

Resources