Fear that a change in administration may lead to a repeal or watering down of the Inflation Reduction Act (IRA) may be overblown, according to longtime Republican strategist Matt Gorman at REFF Wall Street 2024.

Sparkfund has sold EV investment tax credits to a high-net-worth individual in a novel structure aimed at democratising the renewable tax credit space.

Apex Clean Energy has appointed Kenny Chernauskas to chief financial officer, expanding his responsibilities to include oversight of the company’s project finance functions, in addition to his leadership of accounting and corporate finance.

California-based Sunrun, a provider of residential solar, storage and energy services, has priced a securitisation of leases and power purchase agreements at $365 million.

New market entrants are making a name for themselves in the growing tax credit transfer space — chiefly insurers, dubbed the "gatekeepers of tax credit transfers" by speakers at REFF Wall Street 2024.

The opening day of REFF Wall Street 2024 coincided with the Federal Reserve’s cut of interest rates in the world’s largest economy, which was widely discussed on the sidelines by the 150-plus attendees.

Renewables manufacturing plants are emerging as an investment target for institutional lenders in the US as the onshoring trend gathers pace, according to speakers at REFF Wall Street 2024.

Vision Ridge Partners has hired Pete Murphy as head of impact, based in New York and effective immediately.

Caisse de dépôt et placement du Québec (CDPQ) yesterday (17 September) agreed to acquire a 30% interest in AES Ohio for around $546 million.

BP is selling its US-based onshore wind energy business, BP Wind Energy, to consolidate its focus into the development of its remaining renewables projects through subsidiary Lightsource BP.

The Alberta Utilities Commission (AUC) has approved Westbridge Renewable Energy Corporation's 300MWac solar-plus-storage project and issued it with a substation permit and license.

Chile’s National Electric Coordinator (CEN) has received bids from 10 companies in an international public tender for transmission projects the coordinator launched in March (2024).

Arevon has secured $351 million in debt financing led by CoBank for its Gibson Solar project in Indiana.

The Department of Energy’s Loan Programs Office (LPO) has issued a $1.559 billion conditional loan guarantee to Wabash Valley Resources to develop a waste-to-ammonia and carbon capture and sequestration facility in Indiana.

Trinity Energias Renováveis is planning to invest more than R$300 million ($55m) in solar distributed generation in Brazil.

Wisconsin Electric Company, known as We Energies, is preparing to build natural gas-fired and liquid natural gas (LNG) projects for a total finance cost of $2.1 billion, PFR has learned.

Siemens Financial Services has closed on the sale of its 20% share in the natural gas-fired Hickory Run Energy power plant to Tyr Energy, PFR has learned.

Monarch Private Capital and Invenergy have closed a $170 million tax equity financing for a 200MW solar facility in Texas.