News

The Bureau of Ocean Energy Management has approved US Wind's Maryland Offshore Wind Project, the tenth commercial-scale offshore wind project approved during the Biden-Harris administration.

Avangrid, Vineyard Offshore, and Ocean Winds have been selected as winners of the New England 2.8GW offshore wind auction.

The US Federal Energy Regulatory Commission (FERC) has granted Spanish utility Iberdrola approval to complete its $2.5 billion acquisition of the remaining 18.4% stake in North American subsidiary Avangrid.

SunVest Solar has closed on its acquisition of a 60MWdc portfolio of late-stage development community solar projects in Illinois.

The Bureau of Ocean Energy Management (BOEM) has released its final environmental assessment (EA) of the Gulf of Maine offshore wind energy area.

Bitech Technologies subsidiary Emergen Energy has signed a tax credit transfer agreement to sell up to $80 million of federal investment tax credits (ITCs) from a Texas battery energy storage system.

Costa Rican state-owned power and telecommunications, provider Instituto Costarricense de Electricidad (ICE), secured financing to remodel and expand the Tejona Wind Farm.

Solar developer and PV manufacturer Trinasolar is planning to develop a $236 million solar project in Chile.

Energy Capital Partners (ECP) has taken a majority stake in Proenergy Holdings, acquired from affiliates of Eos Partners and ACON Investments.

Renewables developer Serena Energia has signed a power purchase agreement for renewable energy with mining company Lundin Mining.

Willkie Farr & Gallagher has hired renewable energy finance attorney Danielle Garbien as partner in the firm’s New York office.

The US Department of Agriculture (USDA) has made a $7.3 billion investment in electric cooperatives to build clean energy for communities across the country through the Empowering Rural America program.

A Harvestone Low Carbon Partners subsidiary has closed a $205 million tax equity financing with Bank of America for a North Dakota carbon capture and sequestration (CCS) project.

Atlas Renewable Energy has signed a power purchase agreement with hospital and healthcare company Rede Primavera in Brazil.

Invenergy's sale of the 300MW Delilah I Solar Energy Center has been delayed until later this year due to storm damage the project sustained, PFR has learned.

J-Power has closed on the sale of its position in the 940MW Tenaska Virginia Generating Station, PFR has learned.

US middle-market energy and infrastructure private equity firm Kohlberg & Company has acquired a majority stake in North American energy efficiency, transition, sustainability services company CLEAResult from TPG Growth's Rise Fund.

UBS Asset Management has secured $315.7 million in financing for 4 battery energy storage projects in Texas from a consortium of banks.

White Oak Global Advisors has entered into a stalking horse asset purchase agreement with bankrupt residential solar company Lumio.

New Fortress Energy has received authorisation from the US Department of Energy to export LNG from its Mexico terminal to non-Free Trade Agreement countries.