Hydro
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Ocean Power Technologies’ corporate controller, treasurer, and principal accounting officer, Joseph DiPietro, has left the company, PFR has learned.
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Brazilian conglomerate Brasal is issuing R$170 million ($33 million) in debentures for a hydroelectric project in Brazil.
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The Government of São Paulo has sold its shares in Empresa Metropolitana de Águas e Energia (Emae) placing the power company in private ownership.
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Peru’s Ministry of Energy and Mines (MINEM) is readying 26 renewable energy projects to be built in the coming years.
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Brazilian utility Cemig is selling its 45% share in power generation company Aliança Energia to mining company Vale, making Vale the sole owner of Aliança.
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The Department of Energy (DOE) has awarded $475 million in funding for 5 projects that feature renewable development on former mining lands. The projects are located across Arizona, Kentucky, Nevada, Pennsylvania, and West Virginia.
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Enel Americas and Enel Perú have landed approval for the $1.4 billion sale of their Peruvian generation assets to Actis-owned Niagara Energy.
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Mining company SolGold has signed a memorandum of understanding (MoU) with renewables developers to construct a 200MW hydro-solar project to power its Cascabel Project in Northern Ecuador.
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The Department of Energy (DOE) has conditionally awarded $366 million to 17 projects that aim to improve the transmission and electrical distribution of power in rural and remote areas across the US.
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Spanish independent power producer Ecoener has signed power purchase agreements with the government of Ecuador, marking the firm’s entry into the Ecuadorian market.
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Cadiz has received the final regulatory nod from the US Bureau of Land Management (BLM) to complete its acquisition of the 220-mile pipeline from El Paso Natural Gas (EPNG).
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Ardian has acquired full ownership of the Peruvian subsidiary of Latin America Power from funds managed by BTG Pactual, Patria Investments and GMR Holding.
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Southern Company subsidiary Georgia Power Company (GPC) will sell multiple specified transmission lines to Georgia Transmission Corporation (GTC), PFR has learned.
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US-based utility and renewable energy developer Allete is contemplating the sale of its business, and has enlisted JP Morgan Chase for the potential sale process.
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Energy and storage provider FirstLight has signed a 5-year power purchase agreement (PPA) with the Massachusetts Municipal Wholesale Electric Company (MMWEC) to provide 14 state municipal utilities with 69GWh of hydropower.
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Canadian independent power producer Innergex Renewable Energy has closed a $185 million financing deal for three unlevered hydro assets in Quebec and British Columbia, totaling 107MW.
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Electricity utility Eletrobras and Brazilian development bank BNDES have agreed on a restructuring of the debts of hydro firm Santo Antônio Energia (SAESA) – an indirect subsidiary of Eletrobras.
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Canadian power company TransAlta will acquire Heartland Generation and Alberta Power (collectively, Heartland) from an affiliate of Heartland’s parent company, Energy Capital Partners.
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Companhia Energética de Minas Gerais (Cemig) has concluded the sale of its shares in a hydroelectric power plant in Brazil.
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Brazilian utility Companhia Energética de Minas Gerais (Cemig) is parting with a portfolio of small hydro assets, offloading them to Mang Participações e Agropecuária.
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Clean power producer, developer, and energy storage company FirstLight Power has finalized its agreement to acquire Hydroméga Services, including ownership interest in five hydropower generating stations in Québec and five in northeastern Ontario.
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Brazilian utility Companhia Energética de Minas Gerais (Cemig) has found a winning bid for hydroelectric assets the company is auctioning.
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Mexico’s Comisión Federal de Electricidad (CFE) landed a $333.6 million financing for seven hydroelectric plants.
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The government of Ecuador will attempt to procure the Cardenillo and Santiago hydro projects by early next year.
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UK-based Atome Energy has secured power purchase agreements to supply its utility-scale green hydrogen and ammonia project in Paraguay.
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Cemig has signed a power purchase agreement to supply renewable energy to a mining company in Brazil.
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Renewables developer Emrgy has raised $18.4 million in Series A funding to launch a hydro turbine factory in Colorado and support the development of its hydropower projects.
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Clean power producer FirstLight Power has completed the planned integration of H2O Power, the third-largest provider of hydroelectric power in Ontario.
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Brazilian utility Cia Energetica de Minas Gerais (Cemig) will hold an auction on 10 August 2023 to sell off 41.2MW of operational small hydro power projects.
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Paraguay’s state-owned power utility ANDE has signed an agreement with Swedish-based engineering company AFRY and Argentinian firm Latinoconsult to rehabilitate and modernize the 200MW Acaray hydropower plant.
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Brazil’s Eletrobras has acquired an additional 22.9% interest in the holding company of the Santo Antonio hydro plant, bringing the company's total ownership to over 95%.
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Infrastructure investor ArcLight Capital Partners has completed the sale of Great River Hydro to Hydro-Québec for approximately $2 billion.
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Norwegian energy company Statkraft will abandon the building of a dam-toe hydroelectric plant in Chile out of respect for local indigenous communities, which consider the project site sacred ground.
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Miami-based private equity and infrastructure investment firm MGM Innova Capital has secured financing for 3 small hydroelectric assets the company is developing in Peru.
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EDP Brazil has completed the sale of its Mascarenhas hydro power plant to a UK-based investment firm.
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Hull Street Energy has agreed to sell an almost 330MW portfolio of hydroelectric projects spread across the US to LS Power.
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Companhia Siderúrgica Nacional (CSN) has completed the privatization process of Companhia Estadual de Geração de Energia Elétrica (CEEE-G).
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Brookfield Renewable has agreed to partner with InterEnergy Group to develop renewable energy across Latin America.
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ArcLight Capital Partners has agreed to sell its hydroelectric generation platform, Great River Hydro, which owns a portfolio of assets across New England.
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Steelmaker Companhia Siderúrgica Nacional (CSN) has closed its acquisition of the Quebra-Queixo hydro plant in Brazil.
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