News

EDP Renewables has signed a power purchase agreement for the full output of a 297 MW wind farm in Alberta, Canada.

Brazilian food company BRF has partnered with local energy firm Intrepid Participacoes to develop and purchase the output of a 320 MW (DC) solar facility in the state of Ceara.

Lightsource bp has secured a $1.8 billion revolving credit facility and trade finance facility to support its development of a 25 GW pipeline of solar projects by 2025.

An open-ended fund floated on the London Stock Exchange at the start of this year by UK-based renewable energy advisory firm TortoiseEcofin has agreed to acquire a 69 MW solar portfolio in the US.

The lead arrangers on the almost $2.4 billion construction debt package for the 800 MW Vineyard Wind project off the coast of Massachusetts have begun sounding out lenders to participate in syndication.

Czech solar developer Solek has secured environmental approval for a 9 MW solar asset in Chile.

Segue Sustainable Infrastructure, a recently launched renewables investment platform, has added a pair of principals in Salt Lake City, Utah and Boston, Massachusetts.

LS Power subsidiary Rise Light & Power has bought the site of a retired oil-fired power plant in New Jersey and plans to redevop it as an interconnection point for offshore wind farms to deliver electricity to the state's grid.

D.E. Shaw Renewable Investments (DESRI) has closed acquisition and construction financing for a solar-plus-storage project in New Mexico.

The US House of Representatives' Ways and Means Committee has approved a critical portion of the Democrats' proposed $3.5 trillion spending package, which includes federal tax credit extensions and a direct-pay option, but market particpants have warned that some of the newer measures mixing social and energy policies could have "cataclysmic ramifications."