Featured

Apr 19, 2018 - Shravan Bhat

Invenergy to Power MGM’s Solar Gamble in Vegas

MGM Resorts International has signed an agreement to purchase the output of a 100 MW solar project to be built by Invenergy just north of Las Vegas, in the U.S. Bureau of Land Management's Dry Lake Solar Energy Zone, as part of the casino and hotel operator's bet on renewable energy.
Apr 19, 2018 - Michael Turner

Sponsor Duo Wraps Loan for LatAm’s Biggest Gas-fired Project

A joint venture between Golar Power and Ebrasil has reached financial close on its 1.5 GW Porto de Sergipe LNG-to-power project, securing $1.34 billion of non-recourse project debt.
Apr 19, 2018 - Michael Turner

Jinko Solar Pins Down Long-term Debt for Argentine Project

China’s Jinko Solar has signed a $60.15 million funding package for an 80 MW solar project in Argentina, in a deal IDB Invest has described as the longest loan with commercial bank participation for a project linked to the country’s RenovAr program.
Apr 19, 2018 - Fotios Tsarouhis

Sponsor Nets Debt for Wind Project Pair in Texas and California

Terra-Gen has sealed financing from three banks for two development-stage wind projects it owns in California and Texas.
Apr 19, 2018 - Shravan Bhat

Leads Set Price Talk for Hunterstown Acquisition Loan

Price talk has been set on a term loan B being marketed for Platinum Equity’s acquisition of the 810 MW Hunterstown gas-fired project in Pennsylvania from GenOn Energy.

Mergers & Acquisitions

Algonquin to Acquire Remainder of Abengoa's Yieldco Stake

Apr 18, 2018 - Fotios Tsarouhis

Algonquin Power & Utilities Corp. has agreed to acquire Abengoa’s remaining 16.47% stake in Atlantica Yield, a move that will bring the Canadian buyer's shareholding in the yield company to 41.47 %.
Ares-EIF to Acquire Stake in N.J. Solar Shop

Apr 17, 2018 - Fotios Tsarouhis

A fund managed by Ares-EIF is acquiring a majority stake in developer Conti Solar.

Invenergy to Power MGM’s Solar Gamble in Vegas

Apr 19, 2018 - Shravan Bhat

MGM Resorts International has signed an agreement to purchase the output of a 100 MW solar project to be built by Invenergy just north of Las Vegas, in the U.S. Bureau of Land Management's Dry Lake Solar Energy Zone, as part of the casino and hotel operator's bet on renewable energy.
Sponsor Duo Wraps Loan for LatAm’s Biggest Gas-fired Project

Apr 19, 2018 - Michael Turner

A joint venture between Golar Power and Ebrasil has reached financial close on its 1.5 GW Porto de Sergipe LNG-to-power project, securing $1.34 billion of non-recourse project debt.

Third Solar ABS of 2018 to Hit Market

Apr 12, 2018 - Fotios Tsarouhis, Shravan Bhat

Dividend Solar is prepping a $104.66 million asset-backed securitization, the company’s second ABS deal and the third deal to come to market this year.
Mosaic Readies Latest Solar Loan Securitization, Appoints Bookrunner Duo

Apr 06, 2018 - Max Adams

Solar finance company Mosaic is preparing to issue its first asset-backed securitization of 2018.

M.D. Exits Hannon Armstrong

Apr 16, 2018 - Shravan Bhat

A managing director has departed infrastructure firm Hannon Armstrong.
Mosaic Prices Solar Securitization as Capital Markets Head Departs

Apr 12, 2018 - Max Adams

Residential solar finance company Mosaic has priced its first securitization of 2018 this week. The offering follows the recent departure of the firm's head of capital markets.

Apr 11, 2018 - Power Finance & Risk

Platts Vegas 2018: Reporter’s Notebook

Calendar clashes, avocado implements and steak—a few notes and observations from the sidelines of the Platts Global Power Markets conference in Las Vegas.
Mar 02, 2018 - Power Finance & Risk

#PowerTweets Mar. 2, 2018

The #PowerTweets feature tracks trends in project finance and M&A in the Americas on Twitter.
Mar 02, 2018 - Power Finance & Risk

Reporter's Notebook: Having a Whale of a Time on Latham’s Dime

PFR caught up with the great and the good of power project finance as they milled around with wine, cocktails and hors d’oeuvres laid on by Latham & Watkins at New York’s American Museum of Natural History on March 1.