Energy

Acciona Energia has clinched two supply contracts for renewable power in Chile and renewed a third with water utility Aguas Nuevas.

Dutch fund APG and Celeo Redes have arranged acquisition financing for their purchase of Colbun Transmision, the transmission subsidiary of Chilean independent power producer Colbun.

The solar ABS sector is set to hit a new record for issuance volumes in 2021 with the addition of Sunrun and Solar Mosaic’s transactions, as a wider pool of institutional investors join the market, encouraged by more frequent ratings from the three major credit rating agencies.

PJM Interconnection has requested regulatory approval to postpone its December base residual auction (BRA) for delivery year 2023/2024 by nearly two months, which would push the auction window into early 2022, and potentially delay subsequent capacity auctions.

US Senate Finance Committee chairman Ron Wyden (D-Ore) has proposed a slate of tax reforms that could freeze the use of the partnership flip structure in the tax equity market.

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.

Distributed solar developer New Energy Equity has secured a $50 million revolving credit facility to fund the construction of a more than 60 MW community solar portfolio in the US.

Singapore's sovereign wealth fund GIC Private Limited has closed the first phase of its previously agreed upon acquisition of a 19.9% stake in Duke Energy Indiana.

A vice president at CohnReznick Capital has joined the renewables project finance team at a Canadian investment bank.

Dominican utility company Empresa Generadora de Electricidad Haina (EGE Haina) has brought online a 120 MW (DC) solar park in the Dominican Republic.