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Sol Systems is acquiring more than 2GW utility-scale solar and storage hybrid projects sited in the Midwest US from Tenaska. -
Brookfield portfolio company Standard Solar has agreed to acquire a 12.18MW ground-mounted solar array from Colorado oil and gas business Caerus Piceance.
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The International Finance Corporation (IFC) has agreed to a R$250 million ($44m) loan to sugar, ethanol, and bioenergy company Companhia Melhoramentos Norte do Paraná (CMNP).
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Atlas Renewable Energy has reached financial close on a COP$474 billion ($113m) long-term loan for its Shangri-La solar project in Colombia.
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GE Vernova is selling its Florida-based Shady Hills gas-fired power plant to the state’s Seminole Electric Cooperative.
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Brookfield Asset Management has agreed to invest up to $1.1 billion in Infinium, a California-headquartered producer of ultra-low carbon fuels including SAF.
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Fervo Energy has closed a $100 million bridge loan with an X-Caliber Capital affiliate to support Phase I development of its Cape Station geothermal project in Beaver County, Utah.
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Avantus, a US developer of utility-scale solar and solar-plus-storage projects, has hired Cliff Graham as chief executive.
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Renewables developer Matrix Energia has raised R$100 million ($18m) in green debentures, the first issuance for a battery storage projects in Brazil.
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Google has signed a power purchase agreement with Spanish renewables developer X-Elio to offtake energy from the 128MW Bell Solar PV Plant in Texas.
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Macquarie Asset Management has closed on the sale of the 940MW Lordstown Energy Center to Arclight Capital vehicle ArcLight Fund VII, PFR has learned.
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Civic Renewables has acquired solar company Florida Power Management (FPM), its third investment since its early 2024 launch.
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Data centres drive the co-generation comeback
The US Department of Energy labels data centres as "one of the most energy-intensive building types." By 2030, it's estimated that the US will require 47GW of power generation to support the growing AI, crypto, and other data technologies. While the data centre boom will require more renewable projects on the grid, experts believe it will also bring a return to co-generation projects.