All material subject to strictly enforced copyright laws. © 2022 Power Finance and Risk is part of Euromoney Institutional Investor PLC.

Accessibility |Terms & Conditions | Privacy Policy | Modern Slavery | Cookies `| Subscription Terms & Conditions
Leaderboard and 'Break' [DO NOT EDIT]


ArcLight seals PSEG thermal acquisition
Rayburn securitization to cover Uri losses
Biden extends Trump-era solar tariffs

ArcLight seals acquisition financing for PSEG thermal portfolio

ArcLight Capital Partners has closed its acquisition of a 13-project, 6.75 GW portfolio of fossil fuel-fired assets spread across New Jersey, Maryland, Connecticut and New York from Public Service Enterprise Group (PSEG), after slotting into place two separate acquisition financing packages.

Rayburn seals $908m securitization to recover storm Uri losses

Rayburn Electric County Coop, a Texas-based electric generation and transmission cooperative that suffered massive losses due to winter storm Uri last February, has closed a $908 million securitization.


Lists: M&A; Proj Fin; People/firms | tweets
Latest stories (list q); More News (list four columns)

More News

Spanish solar developer Solarpack has landed a definitive concession for the development of a solar farm in Peru.
X-Elio has signed a power purchase agreement with German company BASF for 48 MW of power from a solar project the company is developing in Texas.
EDF Renewables has inked a memorandum of understanding (MoU) with Prumo Logística, a transportation and energy conglomerate in Brazil.
Chilean PMGD developer Blue Light Energy has started the permitting process of a small-scale solar project that the company is planning in the metropolitan region of Santiago.
CIT Bank has hired a new director to its energy group from Lightsource bp.
EDF Renewables North America has inked a virtual power purchase agreement with McDonald’s Corp for the output of a 255 MW solar project in Texas.
Electric vehicle company XL Fleet Corp has purchased rooftop solar developer Spruce Power.
The oil and gas subsidiary of conglomerate Grupo Ultra has agreed to acquire a distributed generation solar service platform in Brazil.
The National Electric Energy Agency (ANEEL) has reassigned a date for the A-5 renewable auction which was originally supposed to be held on September 16.
Baker Botts has hired the co-head of the energy and infrastructure projects team at Nixon Peabody as a partner to its global projects team in New York.
EDF Renewables has appointed Fabiano Fuga as commercial director for the company's Brazilian activities, based in São Paulo.
Powertis, the project development arm of Spanish solar tracker manufacturer Soltec, has commissioned the company’s first solar project in Brazil.
bp North America has agreed to acquire EDF Energy Services (EDF ES), the power and gas supplier operating in the United States of French energy company EDF.
Broad Reach Power has hired a new chief financial officer from CenterPoint Energy.
Brazil’s National Electric Energy Agency (ANEEL) has put on hold the A-5 renewable energy auction originally scheduled for September 16.
Edesur, the Argentine electric utility and subsidiary of Enel, has appointed a new CEO following the resignation of Gianluca Palumbo.
Wind farm with the sun setting in the background

As the Dominican Republic starts opening up to private investments in renewable energy projects under President Luis Abinader, local developer Grupo Energético 23 (GE23) managed to wrangle debt financing for its first such asset in the country this summer.
Chile marked with a flag on the map

In a deal that took almost a year to close, Interchile, a subsidiary of Colombia's Interconexion Electrica (ISA), raised about $1.2 billion of bonds to refinance a sprawling transmission portfolio interconnecting the entire northern half of Chile.
WEG Capital, through its WEG-4 fund, has acquired an operational solar project in Chile from a US renewable energy company.
US-headquartered consulting and technical services company ArcVera Renewables has appointed Dan Bernadett as its new global director of wind engineering.
J-Power USA has entered into an agreement with a Thai infrastructure company to sell a minority stake in a 1,200 MW combined cycle gas-fired plant in Illinois.
Enel Green Power has received the greenlight to commence commercial operations of the Sol de Lila solar park in Chile.
Canada’s Polaris Renewable Energy, previously known as Polaris Infrastructure, has closed its acquisition of an operational hydro project in Ecuador.
Renewable energy outfit Spearmint Energy has appointed a new chief strategy officer to its team.
Raízen has signed a power purchase agreement with fast food chain owner Zamp to supply restaurants across Brazil with renewable energy.
A US solar and battery storage developer is preparing to put a $550 million debt package on the market to support its 33 GW pipeline of solar and storage projects in the US.
The head of Fifth Third Bank’s renewable energy financing group, Eric Cohen, has left the bank to take up a new role at JP Morgan.
Pathway Power, a newly formed renewable energy and battery storage developer, has landed a strategic investment from a climate-focused infrastructure platform.
Baker Botts has hired a new partner from K&L Gates to join its global projects team in the firm’s Washington DC office.
Brazilian power generator Eneva is planning to issue R$1.9 billion ($362.7 million) in debentures to refinance three of the company’s projects.
An investment officer at IDB Invest is leaving the private sector arm of the Inter-American Development Bank Group for a new opportunity after close to ten years at the bank.
Earthrise Energy has acquired a pair of gas-fired peaker plants in Illinois totaling 984 MW from a subsidiary of ArcLight Capital Partners.
Earthrise Energy has added a new chief financial officer to its team from a renewable energy infrastructure company.
Sunnova has applied to the California Public Utilities Commission to develop a solar- and storage-driven “micro-utility” in the state.
We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree