Hedge Funds
-
Sempra Energy is putting its 2.6 GW portfolio of U.S. wind and solar assets up for sale in response to demands from activist investors.
-
NRG Energy has announced that is it looking to raise $4 billion from the sale of 6 GW of conventional generation assets, divesting its yield company and offloading its renewables business.
-
A California-based renewable project developer with a pipeline totaling over 6.6 GW of predominantly wind projects has mandated a financial adviser to sell the company, deal watchers tell PFR.
-
California-based 8minutenergy Renewables speaks to PFR about its plans to install 1 GW of storage projects in the next four years.
-
Chris Gerlach, who oversaw structured finance at solar thermal sponsor SolarReserve until Friday, has traded one form of energy storage for another by moving to Energy Asset Development, whose subsidiaries develop battery and microgrid technologies.
-
Two entities, including a Texas hedge fund, have acquired ownership interests in concentrated solar developer SolarReserve.
-
York Capital Management Global Advisors is seeking to sell a contracted and operational utility scale solar project in Idaho.
-
The Blackstone Group and ArcLight Capital Partners initiated a repricing of a term loan B on Friday, just three months after the deal was originally sealed, as they seek to take advantage of improved market conditions for issuers.
-
Activist shareholders are likely putting pressure on NRG Energy to sell its yield company, NRG Yield, according to a report published by Moody’s Investors Service.
-
The deadline for nominations for Power Finance & Risk's Deal of the Year 2016 awards is coming up quickly. Make sure your deal of the year doesn't miss out on the short list by sending in a nomination by Jan. 31.
-
Final round bids for the solar-focused independent power producer sPower are due next week. Hedge fund Fir Tree Partners is selling its position in the shop, which owns 1.3 GW of projects and a 5.4 GW development pipeline.
-
A hedge fund-backed solar-focused independent power producer has hired four financial advisers to sell its 1.3 GW portfolio of operating, under-construction and shovel-ready projects, development and asset management platform and accompanying 5.4 GW pipeline.
-
Three financial institutions are advising TerraForm Power and TerraForm Global on SunEdison’s potential sale of its interest in the two yield companies.
-
TerraForm Power avoided a technical default on its bonds after bondholders agreed to give the SunEdison yield company until December to file its annual accounts for 2015.
-
TerraForm Power and TerraForm Global are working with managing shareholder SunEdison on its potential exit from the yield companies.
-
LS Power Equity Advisors is offloading another project with the sale of the Calhoun Energy Center in Eastaboga, Ala., to a fund managed by Harbert Management Corp.
-
JPM Capital Corp. is buying the tax equity associated with a solar project in Los Angeles County, Calif.
-
Houston-based independent power producer Calpine has agreed to buy the 745 MW gas-fired Granite Ridge Energy Center in Londonderry, N.H. from a group of financial players, including CarVal Investors, for $500 million.
-
Renewable Energy Trust Capital has made its debut wind investment with its purchase of the 102 MW Coram wind park in Kern County, Calif., from Brookfield U.S. Renewable Power Holdings.
-
While the renewabels market is seeing high levels of liquidity, yieldcos are capitalizing on declining costs of capital for shovel-ready and operating projects, according to panelists at the 12th Renewable Energy Finance Forum Wall Street conference in New York today.
-
In this exclusive, David Giordano, managing director at BlackRock discusses the company’s role in M&A transactions, the benefits of its partnership with EDF Renewable Energy, its burgeoning interest in greenfield renewable project investments, and the risks facing project finance players in parts of Latin America.
-
sPower has sealed tax equity investment from JPMorgan for a roughly 80 MW portfolio comprising 10 solar facilities.
-
Renewable and thermal assets on both sides of the equator are making headlines this week. sPower is the latest player to join a steady stream of distributed generation transactions.
-
sPower has bought a solar portfolio of 16 assets from FLS Energy in Asheville, N.C.
-
Innovative Solar Systems is talking to prospective buyers for a portfolio of shovel-ready utility-scale solar projects totaling roughly 500 MW in North Carolina.
-
The Yieldco Sweep is an exclusive monthly feature that tracks the performance and activity of key yield companies in the power sector with illustrative graphics and market insight.
-
Prospective yield company Sol-Wind Renewable Power has indefinitely pushed back its initial public offering.
-
The first half of 2015 could be a busy time for investment banks and law firms. Several yield company transactions and potential auctions could keep folks on the frontlines of deals.
-
A steady pace of asset acquisitions and speculation regarding prospective initial public offerings characterize the yield company arena.
-
Whitehall & Co. has launched a $3 billion program that will provide debt to energy and infrastructure assets.
-
It was a $7 billion week for power companies in the capital markets. Dynegy launched a multi-tranche $5.1 billion high yield bond sale to pre-fund its acquisition of 12 GW from Duke Energy and Energy Capital Partners.
-
TerraForm Power and SunEdison are buying a portfolio of 30 MW of solar assets from energy retailer Just Energy Group.
-
NRG Energy and LS Power are among a wave of sponsors out looking for repricings on project finance deals inked in 2011 and 2012.
-
Autumn is a time for pumpkin-flavored everything, breaking out cozy sweaters and fresh starts for Entegra Power Group and Lincoln Renewable Energy.
-
Entegra Power Group has emerged from Chapter 11 bankruptcy proceedings with third lien lenders taking over the equity in a prepackaged plan
-
Escondida, the world’s largest copper mine by production in Chile, is catalyzing activity in the debt capital and project finance markets this week.
-
Joint venture partners Greenwood Energy and ILIOSS are talking to banks about financing a $500 million, 250 MW portfolio of distributed generation in Mexico.
-
This week’s Industry Current is the transcript of a discussion between a group of seasoned investment bankers that focused on new financing trends, including the term loan B market, green bonds, state green banks, yield companies, financing for merchant plants and other topics.
-
Entegra Power Group has filed for Chapter 11 bankruptcy protection in the U.S. Bankruptcy Court of Delaware.
-
Teigwaren Riesa, the leading noodle maker in eastern Germany, has been sating the local citizenry with carbohydrates since 1914.
-
A handful of hedge funds are casting an eye toward the renewable space, curious about how to get directly involved with middle market wind and solar assets, observers say.
-
Renewable Energy Trust Capital, the renewable shop backed by hedge fund BlueMountain Capital Management, has brought on a pair of marquee name executives as it plots its way forward.
-
Brian Daly, managing director at Babson Capital, has left the firm.
-
Energy Investors Funds’ $500 million deal backing its 655 MW Newark Energy Center is moving along, as lenders ink commitments and pricing.
-
AES Corp. has closed a $775 million floating rate note issuance after upsizing the deal from $500 million.
-
Abundant sources of capital are driving down prices, noted panelists at Platts’ 29th Annual Global Power Markets conference at the Wynn Las Vegas in Las Vegas, Nev., April 8.
-
Blackstone-owned residential solar company Vivint Solar has raised $280 million across three tax equity transactions.
-
Check out Power Finance & Risk's special report focusing on the burgeoning LNG export industry in the U.S. and the latest opportunities in development and financing.
-
Entegra Power Group has retained Houlihan Lokey in preparation for a potential restructuring.
-
GE Energy Financial Services has agreed to sell its stake in the 800 MW CPV Sentinel to Voltage Finance.
RECENT ARTICLES
Recent Articles |
|