Coal-fired
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Chilean state-owned mining company Codelco has signed a contract with local electricity utility AES Andes to replace coal supply at 2 mines with renewables.
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AES Andes is planning to repurpose one of its coal-fired power plants in Chile to develop renewable energy.
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Energy Harbor Corp, an energy company that is partially owned by Nuveen Asset Management and Avenue Capital, has agreed to sell and then deactivate a pair of its coal plants totaling almost 3GW of generation as it looks to decarbonize its asset fleet.
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Public Service Company of New Mexico (PNM), a utility subsidiary of energy company PNM Resources, has retired the last unit of a coal-fired San Juan power plant.
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Engie Brasil Energia has signed a share purchase and sale agreement that will see the company let go of its last coal-fired power plant in Brazil.
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Chile is retiring three coal-fired power plants with a combined installed capacity exceeding 380 MW as part of its plan to decarbonize the country's power grid.
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MetLife Investment Management (MIM) has provided $200 million in financing to support the shuttering of two coal-fired plants in New Jersey owned by Starwood Energy Group.
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The New Jersey Board of Public Utilities (NJBPU) has approved a request from Atlantic City Electric (ACE) to alter its power purchase agreements with a pair of coal-fired projects in the state, halting the use of coal at both plants.
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Missouri-based coal producer Peabody Energy has launched a renewables development platform called R3 Renewables through which it plans to develop and acquire 3.3 GW of solar and 1.6 GW of energy storage capacity over the next five years.
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PNM, the New Mexico utility subsidiary of PNM Resources, has filed a notice of appeal with the New Mexico Supreme Court after the utility’s application to divest its interest in the Four Corners coal-fired power plant was denied by the New Mexico Public Regulation Commission (NMPRC).
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