Featured

  • Oct 19, 2018 - Richard Metcalf

    MS Reverse-flexes Bayonne Deal Pricing

    Morgan Stanley Infrastructure Partners was able to reverse-flex the pricing on a loan it is raising to finance its acquisition of the Bayonne Energy Center gas-fired combined-cycle facility in New Jersey.
  • Oct 19, 2018 - Taryana Odayar

    Sempra's Oncor Offers $1.3B for InfraREIT

    Oncor Electric Delivery Company has agreed to buy Hunt Consolidated's publicly listed InfraREIT for about $1.275 billion, plus the assumption of about $945 million of debt, in a complex transaction involving the Ray L. Hunt family's Sharyland Utilities.
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    Oct 19, 2018 - Shravan Bhat

    Supermarket Chain Signs Tax Equity Check

    Publix Super Markets, the second largest American super market chain in the U.S., is participating in the financing of a South Carolina solar project.
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    Oct 18, 2018 - Shravan Bhat

    Tax Equity Investor for EDP Wind Farm in N.Y. Revealed

    The identity of the tax equity investor in EDP Renewables' 78.4 MW Arkwright wind project in Chautauqua County, N.Y., which began commercial operations last month, has emerged.
  • Oct 18, 2018 - Richard Metcalf

    PPA Pulse: Microsoft Pushes Back on Risks and Long Contracts with Novel Offtake Structure

    Microsoft Corp., an early adopter of the virtual power purchase agreement, has gone public with its efforts to simplify PPA contracts and shift risks away from corporate offtakers.

Mergers & Acquisitions

  • Sempra's Oncor Offers $1.3B for InfraREIT

    Oct 19, 2018 - Taryana Odayar

    Oncor Electric Delivery Company has agreed to buy Hunt Consolidated's publicly listed InfraREIT for about $1.275 billion, plus the assumption of about $945 million of debt, in a complex transaction involving the Ray L. Hunt family's Sharyland Utilities.
  • John Laing Snaps Up Two More Carolina Solar Assets

    Oct 18, 2018 - Shravan Bhat

    A month after entering the U.S. solar market with a pair of acquisitions (PFR, 9/20), London-based asset manager John Laing Group has come back for more.

Project Finance

  • MS Reverse-flexes Bayonne Deal Pricing

    Oct 19, 2018 - Richard Metcalf

    Morgan Stanley Infrastructure Partners was able to reverse-flex the pricing on a loan it is raising to finance its acquisition of the Bayonne Energy Center gas-fired combined-cycle facility in New Jersey.
  • Supermarket Chain Signs Tax Equity Check

    Oct 19, 2018 - Shravan Bhat

    Publix Super Markets, the second largest American super market chain in the U.S., is participating in the financing of a South Carolina solar project.

Borrower Strategies

  • Clearway Raises $75M with Equity Offering

    Oct 01, 2018 - Richard Metcalf

    Yield company Clearway Energy priced a capital raise at $19.15 per share last week, raising about $75 million toward its acquisition of the Carlsbad gas-fired project in California from NRG Energy.
  • Clearway Taps UBS for Equity Offering to Fund Carlsbad Purchase

    Sep 26, 2018 - Richard Metcalf

    Clearway Energy, the yield company formerly known as NRG Yield, has hired UBS for the latest chunk of financing for its acquisition of the Carlsbad gas-fired project in California.

People & Firms

  • Direct Energy to Acquire Texas-based Retail Biz

    Oct 18, 2018 - Taryana Odayar

    Direct Energy Business has agreed to acquire a retail electricity business that serves commercial and industrial customers in the ERCOT and PJM Interconnection markets.
  • Prudential Capital Opens Mexico Office

    Oct 17, 2018 - Richard Metcalf

    Prudential Capital Group has opened an office in Mexico City to underpin its investment strategy in Latin America, including in power and energy infrastructure project finance.

Latest Community

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    Oct 12, 2018 - Power Finance & Risk

    #PowerTweets Oct. 12, 2018: Michael, IPCC, Kanye

    The #PowerTweets feature tracks trends and news in power and energy on Twitter.

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    Oct 10, 2018 - Taryana Odayar

    First Solar Beer Launched in Oregon

    A Oregon solar project operated by Pine Gate Renewables is abuzz with a sweet collaboration involving bees and brews.

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    Sep 14, 2018 - Shravan Bhat

    10 Years Ago: Lehman Brothers—Where Are They Now?

    When the financial crisis struck 10 years ago, Lehman Brothers had a large and prominent power and utilities investment banking team. Many of those bankers (who had nothing to do with the investments in mortgage-backed securities that brought Lehman down) are still active in the industry. PFR has looked at where some of them are now.

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