News

Chinese wind turbine manufacturer Xinjiang Goldwind Science & Tech will invest R$150 million ($29m) to create a production base in Brazil’s Bahia state.

Netherlands-based renewables company MPC Energy Solutions announced the completion of construction and grid connection for its Parque Solar Los Girasoles.

LG Energy said it would invest about KRW7.2 trillion ($5.5 billion) in a battery-manufacturing complex in Arizona.

EDF Renewables North America has signed a 20-year PPA with the Southern California Public Power Authority (SCPPA) for the energy and renewable attributes related to the 117MWac/148MWdc Sapphire Solar Project.

Mexico’s renewable energy sector might be on the road to recovery, with elections to be held in July 2024. Following a run of lean years, sponsors and lenders alike were enthusiastic for the future while discussing the renewable landscape at REFF Latam 2023 last week.

The Canada Pension Plan Investment Board (CPP Investments) has teamed up with Brazilian investment business Votorantim to launch a company in Brazil focused on investing in the energy transition globally.

Norwegian renewables provider Scatec has made its first drawdown under a $240 million non-recourse loan facility to partly finance the 531MW Mendubim solar project.

Spearmint Energy has acquired Nomadic, a 900MW portfolio of battery energy storage solutions (BESS) assets in Texas.

French renewable developer GreenYellow is entering the utility-scale solar generation market in Brazil.

Neoenergia has brought online the entire Neoenergia Renewable Complex, Brazil’s first operational hybrid complex.

Foss & Company has closed on a tax equity partnership with Birch Creek Energy for $130 million of investment.

Two organizations have joined forces to collaborate on advancing the development and deployment of projects in the rapidly scaling North American offshore wind industry.

IFM Investors has acquired a majority interest in GreenGasUSA, a South-Carolina-based RNG developer, owner and operator.

The Argentine province of Santa Fe’s energy distributor EPE will issue a regional tender for renewable energy after several months’ delay.

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%.

Avangrid has inked a PPA with multinational technology conglomerate Meta to procure electricity from a 240MW solar farm under development in Falls County, Texas.

ACEN, the listed energy platform of the Ayala group, has signed a purchase and sale agreement with GlidePath to acquire a portfolio of eight operating wind projects totaling 136MW in northern Texas.

New Fortress Energy has entered into an agreement with Weston Solution for the installation and operation of 150MW of additional power generation at the Palo Seco Power Plant in Puerto Rico and the supply of natural gas.

Catalyst Power Holdings, a portfolio company of BP Energy Partners, has struck a strategic partnership with JCD Solar Consulting to augment the marketing, aggregation and servicing of community solar projects.

YPF Luz has announced its intention to purchase all the shares in the thermal generation plant Central Dock Sud from Enel Americas.

Public utility Hydro-Québec has selected three EDF Renewables North America wind projects for wind energy supply contracts under two calls for tenders launched in December 2021.

Avangrid has bolstered its footprint in the US renewables sector with plans to develop two solar farms in Texas and Ohio. The projects, which generate a total of 523.5MW of power, are:

CenterPoint Energy has appointed Christopher Foster executive vice president and CFO, effective 5 May 2023. He replaces Jason Wells, who took over as president and COO earlier this year.

AES Andes is planning an addition to its renewable pipeline in Chile with a new solar-plus-storage project.

Paraguay’s National Electricity Administration (ANDE) and the Plata Basin Financial Development Fund (Fonplata) have agreed to terms for a loan to develop a transmission line project.

Brazil’s National Electric Energy Agency (Aneel) is preparing its second transmission auction of the year, the largest in terms of investments ever held in the country.

Twain Financial Partners has secured a lending license from the United States Department of Agriculture (USDA), enabling it to act as a single-source capital deployer for eligible projects.

Leeward Renewable Energy has closed an $180 million commitment from MUFG Bank and Wells Fargo for a 200MW Horizon Solar Facility located in Frio County, Texas.

The Biden Administration has announced $2.5 billion in new funding for a program to fund electric vehicle (EV) charging and alternative fuelling infrastructure across the country.

Ozop Energy Solutions – a subsidiary of Ozop Engineering and Design (OED) – has become Pace Equity's project finance partner.

Brazilian chemical company Unigel has formally signed an agreement with German electrolyzer manufacturer Thyssenkrupp Nucera to develop the second phase of a green hydrogen ammonia project in the state of Bahia.

Brazilian development bank BNDES has approved financing for French electricity producer Helexia, part of the Voltalia Group, to install solar projects across Brazil.

Scale Microgrids has acquired more than 100MW of New York community solar projects in the late stages of development that it will construct, own and operate as it continues its recent expansion.

US solar power producer Navisun has secured up to $235 million in debt financing to support its growth strategy.

Engie Energía Perú was granted a definitive concession for the development of a solar project in Peru after submitting a request last July.

The local subsidiary of AES Corp is planning to develop a new utility-scale solar project in El Salvador.

Danish wind turbine manufacturer Vestas has signed two turbine supply contracts with utilities in Argentina and the US for a total capacity of 151MW.

Battery energy storage developer GridStor has appointed Jason Burwen VP of policy and strategy.

Renewable energy platform Origis Energy has closed an upsizing amendment to its development finance facility, doubling the capacity to $750 million.

US Clean Energy (USCE) has launched a clean energy platform to address the growing demand for clean energy infrastructure, capital and technology to support the US clean energy transition.

California Public Employees Retirement System (CalPERS) has made a $198.5 million allocation to an infrastructure co-investment vehicle offered by Global Infrastructure Partners, meeting documents show.

Argentina’s federal transmission trust fund has launched a tender for a project in Catamarca province as part of the country’s regional electricity improvement plan.

Marathon Petroleum has acquired a 49.9% interest in emerging RNG producer LF Bioenergy for $50 million.

St,-Louis-based renewable energy utility Birch Creek Energy has announced the launch of its two independent power producer (IPP) entities. The IPPs are:

Grupo Ibereólica is planning a hybrid solar and wind complex in Chile.

The Puerto Rican Public Private Partnerships Authority has issued a request for qualifications (RFQ) for the development of a LNG-to-hydrogen plant on the island.

The California Independent System Operator (CAISO) has nominated LS Power Grid California to finance, construct, own, operate and maintain two projects to support electricity reliability in California:

Chevron New Energies – a division of Chevron USA – and JERA Co have signed an MoU for collaboration on carbon capture and storage (CCS) projects in the US and Australia.

Enel Green Power has started construction on the El Manzano solar project in Chile.

Norwegian oil & gas group Equinor and Brazilian state-run oil & gas firm Petrobras have announced a collaborative initiative to study the potential for over 14GW of offshore wind projects in Brazil.

Pennsylvania-based Air Products has issued its inaugural green bonds across $600 million and €700 million debt offerings.

Law firm Linklaters has added two partners and senior counsel to its energy and infrastructure group.

Colombia's Mines and Energy Planning Unit (UPME) has granted permits to connect close to 7.5GW of renewable energy to the national grid.

Brazilian development bank BNDES has approved financing for two biofuel plants through the bank’s RenovaBio initiative.

French energy company Voltalia has signed a memorandum of understanding (MoU) for the development of green hydrogen in Brazil.

Geothermal Core and GEG have teamed up to originate and develop the first utility-scale geothermal power plant in Texas.

Credit-focused investment manager AB Carval and tax equity investor Nelnet have financed the latest portfolio of small-scale utility and community solar developer Renewable Properties.

Santiago-based developer Orion Power is planning a utility-scale solar project in Chile.

Chilean renewables developer Latin America Power (LAP) has named a new chief executive, based in Santiago.

The Peruvian Ministry of Energy and Mines has granted three concessions (two of them definitive) for the development of power generation projects in the country.

Battery energy storage systems developer Available Power has partnered with Linxon on a front-of-meter energy storage project pipeline in Texas's ERCOT market.

Blackstone-backed energy storage and hybrid operator Aypa Power announced today that it has acquired the Yadkins standalone battery energy storage project from East Point Energy.

Data center provider Odata has acquired a minority stake in a wind project in Brazil for an undisclosed amount.

German renewables giant RWE has closed its $6.8 billion acquisition of Con Edison Clean Energy Businesses (CEB).

US renewable gas platform Viridi Energy has acquired a landfill RNG project at the Marathon County Solid Waste Department’s landfill in Ringle, Wisconsin.

Canada Pension Plan Investment Board (CPP Investments) has agreed to acquire a 49% stake in California-based energy producer Aera Energy from international asset management group IKAV.

360 Energy is planning to issue bonds for up to $80 million to finance a solar project the company is developing in Argentina.

Grupo Ibereólica has received environmental approval to develop a massive wind project after waiting for more than two years.

Avangrid has hit commercial operation at its 150MW Lund Hill solar farm in Klickitat County, Washington. It is the state’s largest photovoltaic plant.

EIG, the $22.7 billion energy and infrastructure investor, and renewables company Modern Energy have backed solar developer Industrial Sun to the tune of $90 million.

Lightsource BP has signed a power purchase agreement with AEP Energy Partners (AEPEP) – a subsidiary of American Electric Power – for a 188MWdc solar project in New Carlisle, Indiana.

Amber Infrastructure Group and Green Impact Partners (GIP) has formed a strategic partnership targeting at least $585 million of projects.

Brazilian solar developer GDSun has acquired a pair of distributed solar generation projects in Brazil.

SB Energy, the US renewables platform of Japanese multinational SoftBank Group, has hired Gaetan Frotte as chief financial officer.

Blackstone-backed Aypa Power has agreed to a deal for Canadian Solar Inc (CSI) to provide 487MWh of energy storage products to its projects.

Copenhagen Infrastructure Partners' (CIP) Energy Transition Fund (CI ETF I) has acquired a majority stake in a blue ammonia project in the Gulf Coast alongside Sustainable Fuels Group (SFG).

OCI Solar Power has signed an agreement with Mitsui & Co. (USA) to collaborate on utility-scale solar energy projects in Texas.

Spanish renewables firm Ecoener has signed two PPAs with the Dominican Republic’s state-owned power producer Empresa Generadora de Electricidad Haina (EGE Haina).

Ontario-based developer Canadian Solar is looking to develop a new solar-plus-storage project in Chile.

YPF Luz and Pampetrol have entered an agreement to jointly develop solar generation projects in Argentina.

AES Andes is planning to develop and build a hybrid project, the company's first in Chile.

The Bureau of Ocean Energy Management (BOEM) has taken its next step toward its wind energy auction in the Gulf of Mexico.

Invenergy, CDPQ and Blackstone Infrastructure have teamed up to acquire American Electric Power’s (AEP) 1.37GW unregulated, contracted renewables portfolio at a $1.5 billion enterprise value, including project debt.

CleanCapital has acquired a portfolio of operational solar assets located in New Jersey.

Power generation company Genneia has secured financing for three renewable projects it is developing in Argentina.

Lightsource BP has agreed to a power purchase agreement for a 145MWac/180MWdc solar project with fast food giant McDonald’s in Louisiana.

Enel Américas – a subsidiary of Enel SpA – has agreed to sell its stake in two Argentinian thermal generation plants to power generation firm Central Puerto.

Spanish renewables firm Grenergy has sold three PV solar farms in Chile for €41.3 million ($44.2m).

Investment fund managers Fiera Infrastructure and Palisade Infrastructure have joined forces to acquire a renewable energy generation and battery storage business from Amp Energy.

Infrastructure investor ArcLight Capital Partners has completed the sale of Great River Hydro to Hydro-Québec for approximately $2 billion.

Netherlands-based renewables provider MPC Energy Solutions said on 20 February 2023 that it has signed a long-term PPA with a subsidiary of IMSA Group, a Guatemalan producer and exporter of sugar, alcohol and energy.

US-based wholesale power provider Guzman Energy has signed a PPA with Sonnedix for its 110MW Solar Fountain project in El Pas, Colorado.

Coldwell Solar has launched a gigawatt-scale solar project that will allocate a portion of the output to producing clean hydrogen on-site.

Gore Street Energy Storage Fund will acquire Big Rock, a 200MW/400MWh energy storage project in Imperial County, California.

Chile-based renewables company Verano Energy (formerly Verano Capital) has secured several permits needed for construction of a 100MW solar power project in Peru.

Altus Power, an independent developer, owner and operator of commercial-scale solar facilities, has closed on a $293 million acquisition of 220MW solar assets.

Greenberg Traurig has hired Noah Pollak as a shareholder and a member of its energy project finance and development practice in Washington, DC.

enCore Energy Corp has acquired the Alta Mesa in-situ recovery (ISR) uranium project from Energy Fuels for $60 million in cash and a $60 million promissory note.

Spanish joint venture partners Repsol and Ibereolica Renovables have officially turned on their 165.3MW Atacama wind farm.

UGI Energy Services — a subsidiary of UGI — has formed a joint venture with Archaea Energy, a subsidiary of BP.

Spanish renewables producer Grenergy has acquired the remaining 60% stake in Alabama, Birmingham-based Sofos Harbert Renewable Energy (Sofos Harbert) to bolster its footprint in the US energy market.

Omega Energia has signed a power purchase agreement for one of the company’s wind projects in Brazil.

German renewables developer Sowitec will sell three solar development projects in Mexico.

AmmPower Corp. has signed an MoU with the Port of Corpus Christi Authority (PCCA) to explore green hydrogen as feedstock for clean fuel, green derivatives production, storage and a distribution facility.

Shearman & Sterling has hired Mona Dajani as the global head of renewables, Americas head of hydrogen and ammonia, and global head of energy and infrastructure, based in its New York office.

Argentine energy company Pampa Energía is adding a new wind project to its development pipeline.

Eolian, a subsidiary of Global Infrastructure Partners (GIP), has successfully closed a tax equity investment in two standalone battery storage projects in Mission, Texas.

Energy transition investment firm Denham Capital has acquired New-Jersey-based Solops, a premier developer, financier, owner and operator of photovoltaic solar projects, for an undisclosed sum.

Brazil's EDP Renewables' (EDPR) 580MW wind farm complex in Rio Grande do Norte state has been inaugurated.

Chinese PV systems provider Antaisolar will supply 187MW worth of solar tracking systems solutions to Brazilian utility Cia Energetica de Minas Gerais, also known as Cemig.

Comcast has issued a green bond worth $1 billion to investors to support clean energy and infrastructure initiatives.

Apollo Global Management has launched a standalone credit business following the first close of its acquisition of the bulk of Credit Suisse’s Securitized Products Group.

Puerto Rico has launched the third tranche of its six-tranche renewable energy procurement process.

Renewable developer Longroad Energy has reached financial close on a 150MWac PV project in Polk County, Texas, which will now enter construction.

EverWind Fuels has secured environmental approval for the initial phase of its green hydrogen and green ammonia projects located in Nova Scotia.

Utility Enel Chile has secured approval to start commercial operations on its 204MW solar farm in the Atacama Desert, the company said on 7 February.

The investment arm of the Inter-American Development Bank, IDB Invest, will finance an 80MW thermal power plant (TPP) in Brazil, the multilateral announced on 6 February 2023.

New Jersey’s Montclair State University (MSU) has signed a retail renewable energy agreement with Engie Resources, an affiliate of Engie North America.

The Chilean National Commission of Energy is launching a request for proposals (RFP) for transmission projects in the country.

American Electric Power has appointed Emily J. Duncan senior vice president of federal affairs in the company's Washington, D.C. office.

Chemical companies OCI and Linde have agreed on a clean hydrogen supply deal which will see the latter build and operate a hydrogen plant at the former's blue ammonia plant project in Beaumont, Texas.

YPF Energia Electrica is set to issue bonds to finance a new solar project the company is developing in Argentina.

MPC Energy Solutions has started operations for its Santa Rosa and Villa Sol solar PV plants in El Salvador, which have a combined installed capacity of 21.3MW.

Sustainability-focused investment firm Pacolet Milliken has formed a joint venture with Oregon-based Evensol, a developer of renewable biogas assets.

FirstEnergy Corp. has agreed to sell an additional 30% stake in its transmission unit to an affiliate of investment firm Brookfield Asset Management.

Genneia is issuing green bonds for up to $80 million to finance a pair of renewable projects the company is developing in Argentina.

Chilean small-scale developer oEnergy is growing its portfolio with a solar-plus-storage project.

Altus Power, the independent developer, owner and operator of commercial-scale solar facilities, has named Sophia Lee as its chief sustainability officer.

Spanish renewables firm Grenergy will develop three PV solar plants in Colombia.

Boston-headquartered energy company Advanced Power has hired a new vice president of asset management.

YPF’s power generation arm YPF Luz is set to start construction on the company’s fourth wind project in Argentina.

Vancouver-based Westbridge Renewable Energy has acquired the Red Willow Project, a 295MWp solar photovoltaic and 100MW/200MWh battery energy storage system (BESS).

EDF Renewables has inked a virtual power purchase agreement (VPPA) with scientific instruments manufacturer Thermo Fisher Scientific.

Bioenergy developer Brasil BioFuels (BBF) has issued debentures to finance power plants in Northern Brazil.

UK-based Atome Energy has inked a partnership agreement with Cavendish, the renewable energy arm of Grupo Purdy SA, in Costa Rica.

BlackRock-owned DSD Renewables has acquired a community solar-plus-storage project in Dartmouth, Massachusetts.

Texas-based North Hudson Resource Partners has launched its inaugural credit fund, North Hudson Energy Credit Partners LP (NH Energy Credit).

Solar developer Erco Energia has landed $30 million to support the development of solar projects in Colombia.

Peruvian investment promotion agency ProInversión has awarded two electricity transmission PPPs to Spain-based infrastructure company Acciona Concesiones.

WEC Energy Group has acquired an 80% ownership interest in the first phase of the Samson Solar Energy Center.

Chilean utility company Colbún and Japanese multinational Sumitomo will ally to study the feasibility of green hydrogen-to-ammonia projects in Chile.

ArcLight Capital Partners has committed $150 million to a battery energy storage developer which the company founded last year.

Investec has promoted Fred Petit and Hans Beekmans as co-heads of its North America Power and Infrastructure team.

Norsk Solar has secured additional financing for a 18MW solar project the company is developing in Brazil.

EDP Renováveis has concluded the sale of two operating wind farms in Brazil.

Allete is partnering with Grid United on a $2.5 billion transmission line between the states of North Dakota and Montana.

Duke Energy Sustainable Solutions (DESS), a nonregulated commercial brand of Duke Energy, has placed the 120MW Jackpot Solar project in Twin Falls County, Idaho into commercial operation.

The deadline to submit bids for New York’s third competitive offshore wind solicitation passed on 26 January, with Ørsted and BP among the bidders.

Brazilian distributed generation company Órigo Energia has landed a R$250 million ($49 million) equity injection.

Enel Green Power has brought the São Gonçalo III solar project in Brazil online.

Renewables developer Hecate Energy has closed a five-year, $550 million credit package, including a $250 million term loan and a $300 million Letter of Credit (LC) facility.

Fortescue Future Industries (FFI) has signed an MoU with US sustainable transport company Nikola to evaluate co-development opportunities for large-scale green hydrogen production in the US.

Norwegian energy company Statkraft has acquired the company’s first solar and wind projects in Peru.

The National Electric Coordinator has released its plans for a $279 million expansion of the transmission system in Chile.

Integrated clean energy platform Peregrine Energy Solutions will develop two mid-stage energy storage assets in the Electric Reliability Council of Texas (ERCOT) market.

A solar and battery development specialist with a private fund and a listed strategy focused on North America is realising the first sales from both strategies.

Grupo Equatorial is issuing debentures for its recently acquired distribution subsidiary Celg-D.

EDF and environmental services company Refocosta are partnering on the development of a biomass power plant in Colombia.

US solar and battery storage developer Hecate Energy is looking for buyers for a 3GW standalone battery storage and solar portfolio, PFR has learned.

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.

Enlight Renewable Energy has filed a registration statement with the US Securities and Exchange Commission for an initial public offering.

Aypa Power – a portfolio company of Blackstone – has completed the closing of a $320 million senior secured sustainability revolving credit facility.

Enel Green Power has turned on the company’s first renewable distributed generation project located in the metropolitan region of Santiago.

Brazilian solar energy provider Sun Mobi will set up a 5MW solar PV plant in São Paulo state.

Anaergia has reached an agreement Canadian-owned Irving Oil to supply RNG to the energy company’s operations, including the Saint John refinery in New Brunswick.

Electrical infrastructure firm KV Power – a portfolio company of Rock Hill Capital – has completed a recapitalization and partnership with Warren Equity Partners.

Celepsa has acquired the company's first gas-fired power plant in Peru.

North American alternative investment manager Fengate Asset Management has reached financial close on the 160MW Prairie Switch Wind project near Houston.

Cemig has signed a power purchase agreement (PPA) to supply renewable energy to an automotive parts manufacturer in Brazil.

Spain’s Acciona Energia is planning to develop a 92MW solar project in Chile.

Longroad Energy has started work on Sun Streams 3, a 285MWdc PV and 215 MWac/860 MWh storage project located in Maricopa County, Arizona.

Ørsted has signed an agreement to acquire Public Service Enterprise Group’s (PSEG) 25% equity stake in Ocean Wind 1, a 1.1GW offshore wind energy project.

Unigel is planning a R$7.8 billion ($1.5 billion) investment in a green hydrogen complex the company is developing in Brazil.

Lightsource bp has closed on a $267 million tax equity investment from Wells Fargo.

Duke Energy Sustainable Solutions (DESS) has invested in Pike Solar, a new solar power plant being constructed to serve customers of Colorado Springs Utilities.

An evergreen renewable energy platform with a global strategy has launched with news of its first acquisition – a construction-ready wind farm in Canada – and a keystone investor.

Cubico Sustainable Investments has agreed to purchase a 1GW solar project in Brazil.

Spanish law firm Cuatrecasas has appointed Iván Libenson as managing partner of its Mexico City office.

Vancouver-based Revolve Renewable Power has completed the sale of its 250MW Parker Solar and Storage Project and the 1GW Bouse Solar and Storage Project to Engie.

SUSI Partners has closed on a senior secured funding facility for OBE Power Networks, the Miami-based electric vehicle (EV) charging company.

Cahill Gordon Reindel has hired Emeka Chinwuba as a partner in the firm’s New York office.

Spanish renewables firm Grenergy’s 240MW Gran Teno solar farm in Chile will start operations “soon”, the company said on Friday (13 January 2023).

State-owned hydro and utility company Urrá’s Aquasol solar complex is close to completion, the firm announced on Friday (13 January 2023).

Texas-based Leeward Renewable Energy (LRE) has closed financing for its Chaparral Springs Solar + BESS facility located in Kern County, California.

Lacuna Sustainable Investments has upped its equity investment in renewables developer Bear Peak Power.

Colombia’s state-owned petroleum firm Ecopetrol has selected French-based energy producer Total Eren to build a 100MWp solar farm at its Rubiales oilfield.

energyRe-backed Southern Current has signed a PPA with Dominion Energy South Carolina (DESC) for Lone Star Solar in Calhoun County, South Carolina.

Chinese PV module manufacturer YuanTech Solar has obtained the Brazilian INMETRO certification which gives the company the opportunity to operate in the country’s renewable energy market.

British geoscience company Getech and Canadian geothermal firm Eavor Technologies have signed a Strategic Collaboration Agreement to jointly locate and de-risk geothermal projects across Latin America.

Spearmint Energy, the battery energy storage specialist founded in May 2022, has added Peter Rood as chief development officer to its growing team.

Canadian renewables developer Westbridge Renewable Energy Company has expanded its Sunnynook Solar PV project in Alberta to 330MWp.

Korean renewable energy business Qcells is set to invest more than $2.5 billion to build a complete solar supply chain in the US.

Oil and gas company BP has begun working on its 107MW Arche Solar project in Fulton County, Ohio.

Renewables developer Enfinity Global has a 400MW operational utility-scale solar portfolio, a significant step in the company's US expansion.

Tigo Energy has signed a definitive agreement with L1 Energy to acquire $50 million of newly issued convertible notes.

EverGen Infrastructure Corp. has secured a $31 million syndicated senior term loan facility from its existing lender Roynat Capital – a subsidiary of the Bank of Nova Scotia and Export Development Canada (EDC).

Chilean state-owned mining company Codelco has signed a contract with local electricity utility AES Andes to replace coal supply at 2 mines with renewables.

EnfraGen, a joint venture between Glenfarne Group and Partners Group, has announced the signing of an EPC contract with Chilean renewables firm Verano Energy to develop 8 PV projects in Chile.

Andros Capital Partners has closed its second energy fund – Andros Energy Capital II – at its $750 million hard cap.

ATCO, through its investment in Canadian Utilities, has completed its previously announced acquisition of a renewables portfolio from Suncor Energy for C$730 million ($536m).

EDP Renováveis (EDPR) has secured financing to support the construction of 2 wind farms that the company is developing in Brazil.

The interest rate rose with the Pink Tide this year, leaving many in the renewable project finance market stranded in Latin America. While Latin America shouldn’t be treated as a monolith – the continent comprises 33 countries including the Caribbean – the impact of political uncertainty, the reemergence of leftist governments, known as the Pink Tide, and rising interest rates were felt across jurisdictions.

Emerald Solar Energy, a subsidiary of Polaris Renewable Energy, has landed a definitive concession in the Dominican Republic for a solar project.

Brazilian development bank BNDES has agreed to finance the development of 1.5GW of renewable energy in Brazil.

EDF Renewables has won long-term power purchase agreements in a renewable energy auction in Colombia.

UGI Corporation has teamed up with Sevana Bioenergy and California Bioenergy (CalBio) to develop its second and third clusters of dairy manure waste-to-renewable natural gas projects in South Dakota through MBL Bioenergy.

California-based Arevia Power has opened a new office in Las Vegas and recently hired Chris Brooks as senior vice president (SVP) of external relations.

SPIC Brasil has landed financing for 3 wind projects the energy generation company is planning in the country.

Climate solutions investor Hannon Armstrong has invested in a 1.3GW renewables portfolio owned and operated by AES.

Continued interest from global energy players drove activity this year with large M&A transactions having a moment in the renewables sector across Latin America. A variety of reasons for the renewed enthusiasm – from foreign sponsors with capital to put to work, political changes ushering in deals, new regulation incentivizing investments – created another competitive year for the M&A market in Latin America. Energy giants, including many European players, led the trend this year with major platforms exchanging hands all around the region.

Altus Power will acquire 220MW of newly developed and in-construction solar assets from True Green Capital Management in a roughly $293 million deal.

Brazil has landed a new minister of Mines and Energy following the re-election of Luiz Inácio Lula da Silva, who assumed office on January 1.

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.

US-based hedge fund Hedonova has invested $16 million into a Chilean energy storage plant.

Energy lawyer Tyler O'Connor has re-joined Crowell & Moring as a partner in its energy and government affairs practice, based in Washington DC.

Solar manufacturer Soltec has signed an agreement with Canadian Solar and SPIC to supply SFOne trackers to 2 Brazilian projects.

Green energy company Greenbacker has hired power and renewables investment expert Jerome Briens based in its New York office.

Jeffrey Mathews has been promoted to managing director at Barclays, based in New York.

K&L Gates has hired Martha Groves Pugh as a partner in its Washington DC office.

US-based solar and energy storage developer Origis Energy has awarded a contract to Mitsubishi Power Americas for the delivery of 3 utility-scale battery energy storage system (BESS) projects totaling 150MW.

Alternative asset management firm, Apollo Global Capital, is set to launch an infrastructure credit platform, PFR understands.

French bank CIC has added to its project finance team in New York with the hire of Stefano Di Genua.

Brazilian development bank BNDES has granted local agro-industrial cooperative Copacol a R$28.3 million ($5.3m) loan to invest in PV solar panels for the company’s facilities in Paraná state.

Ecoener has landed a definitive concession for the development of a solar project in the Dominican Republic.

Altus Power, an independent developer, owner and operator of commercial-scale solar facilities, has closed on a $200 million revolving credit facility.

EQT is set to acquire Madison Energy Investments (MEI) from infrastructure and real assets fund manager Stonepeak Partners.

Engie Energía Chile has completed the acquisition of a portfolio of wind projects.

A subsidiary of JERA Corporation has agreed with EV fleets and battery storage specialist Zenobe Americas to jointly develop battery storage projects in 2 north eastern US power markets.

Vision RNG has signed an RNG agreement with Kentucky-based Laurel Ridge Landfill, a subsidiary of Waste Connections.

Mainstream Renewable Power is planning to develop a new utility-scale solar project in Chile.

Brazil’s National Electric Energy Agency has awarded projects, in the last transmission auction of the year.

New York-based DSD Renewables (DSD) has raised $155 million in debt financing for its first commercial and industrial (C&I) solar-asset-backed securitization (ABS).

Enhanced Capital and Crossroads Impact Corp. have made a development capital investment in Solar Landscape, based in Asbury Park, New Jersey.

SunVest Solar has closed a $113 million debt facility and $41 million of tax equity to support the construction and operation of a 56MW portfolio of solar projects in Illinois, Maine, Minnesota and Wisconsin.

Oil and gas groups Eletrobras and Shell have signed an agreement to cooperate on offshore wind generation in Brazil.

Colombia’s state-owned petroleum firm Ecopetrol announced today that it will invest between COP 5.9 trillion ($1.23bn) and COP 6.8 trillion in energy transition projects in 2023.

German wind turbine manufacturer Nordex has been contracted to equip a 94.4MW wind farm owned by construction firm TODA in Brazil's Rio Grande do Norte state.

Competitive Power Ventures (CPV) has selected Doddridge County in West Virginia to develop its carbon capture generation project.

Leyline Renewable Capital closed its first international loan with Canadian renewable energy company Westbridge Renewable Energy Corp to support the 278MW Georgetown Solar project in southern Alberta.

Brazilian developer Casa dos Ventos has inked a power purchase agreement to supply Vestas with renewable energy.

Denbury has announced the evaluation and development of CO2 sequestration sites in Mississippi and Louisiana.

Dominican Republic power producer Empresa Generadora de Electricidad Haina (EGE Haina) has signed a concession agreement with the National Energy Commission (CNE) for the 90MWp PV Esperanza Solar Park.

Ultium Cells, a joint venture between General Motors and LG Energy Solution, has received a $2.5 billion loan from the US government to help finance the construction of new lithium-ion battery cell manufacturing facilities in Ohio, Tennessee, and Michigan.

A major regulatory milestone for Dominion Energy’s 2.6GW offshore wind project off coastal Virginia was reached on December 12 (2022) as the power giant eyes construction in 2024.

Pampa Energía has acquired a state-owned wind project located in the province of La Rioja in Argentina.

Manulife Investment Management has taken a minority stake in solar, storage and electric vehicle (EV) business, PowerFlex, with a $100 million investment.

Spanish developer Acciona Energia is partnering with investment management firms to develop a solar project in the Dominican Republic.

Macquarie Capital has appointed Kevin Nobels as a managing director in its infrastructure and energy capital group.

Miami-headquartered renewables firm, Enfinity Global, has hired Julio Fournier Fisas as chief growth officer to accelerate the company's execution across various strategies, including storage and the commercialization of energy.

Independent solar power producer, CVE North America, has acquired a portfolio of solar PV projects in upstate New York from Saturn Power Corporation.

EDF Renewables North America has signed an agreement with Luminace, a Brookfield Renewable company, for the sale of a 21.6MWdc portfolio of 3 community solar projects.

Shell and BP have completed negotiations with Trinidad and Tobago’s government to develop a 112MW AC/148MWp solar project.

Sustainable infrastructure focused private equity firm Green Rock Energy Partners has acquired Pennsylvania-based PSA South Hills Landfill Gas Venture, a RNG production facility.

Brazil’s competition regulator (CADE) has approved a deal between pharmaceutical company Eurofarma Laboratórios and energy firm Omega Energia 4 related to the 211.5MW Assuruá 4 wind project.

EDP Renewables (EDPR), through its fully owned subsidiary EDP Renewables North America, signed a 15-year PPA with Cleveland Cliffs to supply 180MW from the Headwaters III Wind Farm in Randolph County.

Enel Chile has completed the sale of the company’s transmission business to Chilean transmission company Grupo Saesa.

EDP Brazil has completed the sale of its Mascarenhas hydro power plant to a UK-based investment firm.

Cameron LNG has signed an MoU with an integrated energy player – Entergy Louisiana – to negotiate the terms of a new electric service agreement (ESA).

Sustainable building materials provider Holcim US has signed a virtual PPA with the Electric Reliability Council of Texas (ERCOT) for renewable energy generation.

NineDot Energy – a developer of community-scale clean energy projects – has closed an $85 million construction-to-term debt facility.

The provisional winning bids for the first offshore wind auction held on the US’ west coast totaled more than $700 million on December 7.

Electric vehicle (EV) maker Rivian Automotive has signed a PPA with Apex Clean Energy for 50MW of renewable electricity from the proposed Goose Creek Wind farm in Piatt County, Illinois.

Renewable energy developer Longroad Energy has acquired the 98MW DC Titan Solar project from Sunpin Holdings.

Norwegian energy company Equinor has made a final investment decision on a solar project the company is developing in Brazil.

Casa dos Ventos and Comerc Eficiência have signed a preliminary contract with the Port of Pecém for the development of green hydrogen.

oEnergy, a small-scale solar developer operating in Chile, is developing a solar-plus-storage project in the region of Maule.

North Carolina's Electric Cooperatives and FlexGen Power Systems have completed the battery energy storage project located at Randolph Electric Membership Corporation's Five Points substation.

Helexia Brasil, a subsidiary of Voltalia, has signed a trio of power purchase agreements (PPAs) to supply renewable energy.

Spearmint Energy, the battery energy storage specialist founded in May (2022), has added four more to its growing team.

Enbridge and Oxy Low Carbon Ventures (OLCV) have signed a letter of intent to jointly develop a CO2 sequestration hub in the Corpus Christi area of the Texas Gulf Coast.

JLL has hired Kristy David as a senior vice president for its clean energy and infrastructure advisory team, based in Washington DC.

Fotowatio Renewable Venture (FRV) – a part of Abdul Latif Jameel Energy – has obtained a preliminary environmental license to develop a new solar farm in Brazil.

Spanish law firm Cuatrecasas has promoted M&A and private equity lawyer Oscar Trelles to managing partner of the Lima office.

INEOS has entered into a 20-year sale and purchase agreement (SPA) with Sempra Infrastructure for the supply of 1.4 mtpa of LNG, having signed a heads of agreement (HOA) in June 2022.

National Grid Renewables has started commercial operations at its Noble Solar and Storage Project in Denton County, Texas.

DE Shaw Renewable Investments (DESRI) signed a renewable energy off-take agreement with Meta for its Long Lake Project, a 200MW solar facility in Phillips County, Arkansas.

Enel has landed COP$449 billion ($93.7 million) in financing from Bancolombia to support the company’s decarbonization strategy and electrification expansion.

Bleutec Industries – builder, owner and operator of offshore wind turbine installation vessels – has secured a capital commitment from private equity firm EnCap Investments.

AES Brasil, and its subsidiary AES Operações, have completed the acquisition of a trio of wind farms totaling 460MW.

FirstEnergy Corp., through its subsidiary American Transmission Systems, (ATS), will build a 138 kV high-voltage transmission line in Lorain County, Ohio.

Brookfield Asset Management has selected Amazon Web Services (AWS) as a preferred cloud provider to accelerate its digital infrastructure and become a more data-driven company.

The US’ Internal Revenue Service (IRS) has started the clock for construction on new renewable projects before the new wage and apprentice requirements under the Inflation Reduction Act (IRA) take effect.

Greenbacker Renewable Energy Company has completed the closing of a new $150 million senior secured sustainability revolving credit facility.

Colombia’s National Authority of Environmental Licenses (ANLA) has granted the greenlight to four solar projects.

Grupo Energía Bogotá (GEB) has completed its acquisition of five transmission lines in Brazil.

Caliche Development Partners II has received $268 million in capital commitments from Orion Infrastructure Capital and GCM Grosvenor (OIC), targeting underground storage and sequestration assets in North America.

Activate Renewables, an acquirer of real estate and royalty interests in wind, solar and energy storage, has bought a renewable energy real estate portfolio owned by Alchemy Renewable Energy.

Enel Green Power Chile has commenced construction on the 105.6MW La Cabana Wind Farm which includes a 34.3MW energy storage system using lithium batteries.

Bravo Infrastructure Group in partnership with Orion Infrastructure Capital has acquired Radiance Solar, an engineering, procurement, and construction (EPC) contractor in south-eastern US.

Texas-headquartered Leeward Renewable Energy has closed financing for its Big Plain Solar facility located in London, Ohio, and its Oak Trail Solar facility located near Moyock, North Carolina.

Colbún has started commercial operations of its solar-plus-storage project located in the region of Atacama.

Chilean power generator Generadora Metropolitana is moving forward with its 640MW solar-plus-storage project.

A Brazilian steel manufacturer is partnering with an investment manager on a renewables platform to develop projects in the country.

Nova Scotia-based financial advisory firm Northgreen Capital has appointed Philip Bassil as managing director and head of global offshore wind M&A.

Campbell Soup Company has signed a 12-year virtual PPA with Enel, supporting the former's goals to reduce greenhouse gas emissions.

Revolve Renewable Power Corp plans to advance its Vernal BESS project to the next stage of the study process in early 2023 based on analysis of the results for the first phase of a 2022 Cluster 2 study.

Duke Energy Sustainable Solutions has acquired the 100MW Wildflower Solar Project from Clearway Energy Group.

Spanish renewable developer Solarpack has landed financing for a pair of solar assets the company is planning in Colombia.

The Inter-American Development Bank (IDB) has agreed to finance a 544km transmission line between Ecuador and Peru.

Enerfin do Brasil has signed a public-private partnership with the government of Pernambuco for the development of solar generation in the Brazilian state.

Italian energy company Enel expects to exit Peru in 2023 according to its latest strategic plan, in a bid to reduce debt and finance new investments in other markets.

Atlas Renewable Energy has thrown the switch on its 300MW Mexican solar PV plant – La Pimienta in the state of Campeche – which is now fully operational.

CSI Energy Storage – a part of Canadian Solar’s majority-owned subsidiary CSI Solar Co – has been selected to provide up to 2.6 GWh of battery solutions for the build-out of energy storage projects managed by UBS Asset Management's Real Estate & Private Markets business in North America.

The Brazilian state of Paraná is planning for the potential privatization of its electric utility Copel.

HSBC has added to its power, renewables & infrastructure team with the hire of Georgios Kalpias.

NextEra Energy Partners – a limited partnership formed by NextEra Energy – has agreed to acquire a 49% equity interest in Emerald Breeze, a roughly 1.5GW renewables portfolio from subsidiaries of NextEra Energy Resources.

Vestas has received a 178MW order to power an undisclosed wind project in the US.

Horizonte Minerals has entered into long-term PPAs to secure low-cost renewable power for its fully-owned Araguaia Nickel Project in Brazil.

Brazilian renewable developer Casa dos Ventos has inked a power purchase agreement (PPA) with a fertilizer producer in Brazil.

PivotGen, a renewable energy development and repowering company, has appointed Lucas Michelini as vice president of finance.

Clearway Energy Group has signed a long-term PPA for the output of the Cedar Creek Wind Project to PacifiCorp.

Engie Energía Chile is planning to develop a new utility-scale wind project in the Antofagasta region.

Enel North America is set to build an industrial-scale production facility in the US for manufacturing solar photovoltaic (PV) modules, following the Inflation Reduction Act’s (IRA) incentives for domestic production.

France’s TotalEnergies has agreed to develop a wind project off the coast of the state of Rio de Janeiro in Brazil.

Priority Power Management, an energy optimization and infrastructure business backed by Oaktree Capital Management and Ara Partners, refinanced its existing debt and increased its credit facility from $85 million to $250 million.

Private equity behemoth Blackstone is preparing a $325 million credit facility for portfolio company Aypa Power.

Independent power generator Onward Energy is acquiring the Broad River power generation facility in Gaffney, South Carolina.

Brazilian power generator Eneva has received the greenlight from electric energy agency Aneel to start operations of its Parnaíba V power plant.

Ex-Macquarie Renewables chief executive, Bill Green, has raised more than $1 billion for his investment firm Climate Adaptive Infrastructure (CAI).

The Inter-American Development Bank and the World Bank have committed up to $750 million in green hydrogen financing in Chile. The pair signed an agreement with Chile’s economic development agency, Corfo.

Energy Impact Partners' EIP Deep Decarbonization Frontier Fund I LP (Frontier Fund) had closed with oversubscription at $485 million.

Strata Clean Energy, a provider of utility-scale clean energy projects, has acquired Phoenix-based Crossover Energy Partners, a clean energy solutions company experienced in developing end-to-end energy transition products for utilities and large energy users.

ArcLight-backed renewable developer Infinigen Renewables has secured financing for its renewable pipeline in Puerto Rico.

Brazilian power generator Eneva has appointed a new chief executive following the resignation of Pedro Zinner.

Energy provider AES Andes has agreed to bidirectional energy exchanges between Chile and Argentina through the InterAndes electrical interconnection line.

AES Corp.’s Chilean subsidiary, AES Andes, has signed a 17-year energy PPA with Compañía Minera Teck Quebrada Blanca, a subsidiary of Canadian miner Teck Resources, for the Quebrada Blanca Phase 2 copper project (QB2) in Chile.

Pattern Energy has received key approvals that will allow the construction of the SunZia transmission project and the SunZia wind projects next year (2023).

BlackRock Alternatives, through a fund managed by its diversified infrastructure business, has agreed to acquire Jupiter Power – a leading operator and developer of stand-alone, utility-scale battery energy storage systems (BESS).

Spanish solar developer Enerside Energy has signed a 15-year PPA to supply 7.7 GWh/year of energy to Brazilian ethanol manufacturer and sugarcane exporter Raízen.

Ecuador’s Ministry of Energy and Mines has received offers for about 700MW of new renewable energy projects for its upcoming auction.

The Dominican Republic’s National Energy Commission (CNE) has granted a pair of definitive concessions for energy projects on the island.

Ibitu Energia has secured financing for the Caldeirão Grande II solar project the company is developing in Brazil.

Linklaters has expanded its US practice with the hire of Ron Erlichman as partner and head of Energy and Infrastructure in the Americas.

Fervo Energy has signed a 15-year PPA to provide carbon-free geothermal power to a group of 9 California-based community choice aggregators (CCAs).

Solar technology manufacturer First Solar has promoted Elie David Villeda Orozco to head its Latin American activities, based out of Mexico.

Braskem, a Latin American petrochemical company, has signed a PPA and secured renewable energy certificates (RECs) as part of its carbon reduction goals.

Francis Slingsby has been appointed chief executive of Mayflower Wind – a JV between Shell New Energies US and Ocean Winds North America.

AES Corporation's clean energy business in the US has entered a $1.7 billion warehouse credit facility, which will advance the construction of 3GW of renewable energy projects across nine states.

EDP Renewables North America has hired renewable energy industry veteran Sybil Cioffi as director of finance.

Hull Street Energy has agreed to sell an almost 330MW portfolio of hydroelectric projects spread across the US to LS Power.

Enel has signed a massive power purchase agreement to supply data centers across Latin America.

ClearGen, a clean energy investor backed by private equity powerhouse Blackstone, has invested in a portfolio of partnership interests in 25 wind farms totaling 1.4GW of existing generation capacity throughout the US.

Renewable developer Atiaia Renováveis is partnering with glass manufacturer Vivix Vidros Planos on a solar project in Brazil.

Minnesota Power – the utility division of Allete Inc – has decided to significantly increase the amount of renewable energy it provides over the next 15 years after reaching an agreement with stakeholder groups, including clean energy organizations, labor and host communities.

Oya Renewables, the clean energy developer and independent power producer, has entered into a joint venture with energy company Oil Wells Shares (OWS) to develop and construct 3GW of community and utility-scale solar, wind and energy storage infrastructure projects.

Battery Energy Storage System (BESS) provider On.Energy has added 39MWh of on-site storage at 11 airports across Latin America, in collaboration with Skysense.

Argentine developer Genneia is issuing local green bonds to finance solar and wind projects the company is developing in the country.

CastleRock Green Energy, the New-York-based renewable energy and infrastructure fund, is preparing a $400 million investment in a pair of biofuel production facilities in the area of Shelton, Washington.

Steel producer Ternium has acquired a greenfield wind project in Argentina.

Spanish independent power producer Ecoener has landed a definitive concession for a solar project in the Dominican Republic.

Westbridge Renewable Energy's subsidiary Georgetown Solar has been given the go-ahead for its flagship Georgetown Solar + Energy Storage Project by the Alberta Utilities Commission (AUC).

Ibitu Energia has brought online the first phase of its Caldeirão solar complex in Brazil.

Renewables company Low Carbon has hired a managing director for investments in North America from RWE Renewables.

EE North America has partnered with Elio Energy to develop a pipeline of 2GW of solar power generation and energy storage assets in Arizona and surrounding states.

Cemig has agreed to supply Spanish automotive components manufacturer Gestamp with renewable energy in Brazil.

Australia's Fortescue Future Industries (FFI) and Enel Green Power (EPG) have partnered to explore the co-development of a green hydrogen value chain in Latin America and Australia.

North American alternative investment manager Fengate Asset Management has acquired the Prairie Switch Wind Project in Texas from Triple Oak Power and signed a PPA with Meta Platforms.

Brazil's Cemig Geração e Transmissão (Cemig GT) has attracted interest from projects totaling 7GW in installed capacity for its upcoming power auction.

Energy company Allete has agreed to sell a more than 100MW wind project in Wisconsin to a pair of publicly owned utilities.

Private equity giant Carlyle has invested $350 million in Aspen Power Partners as the generation platform embarks on an acquisition spree.

Allianz Capital Partners has acquired the 147MWdc Galloway 2 Solar Project from Avantus – formerly 8minute Solar Energy.

Brazilian power generator Eneva’s chief executive is leaving for a new opportunity after six years leading the company.

Energy transition investor ECP has appointed Kristine Rea to its newly created role of chief talent officer.

Swift Current Energy has secured project financing for an almost 200MW wind project the company is developing in Texas.

Brookfield’s latest flagship investment vehicle Brookfield Infrastructure Partners V has brought in $20.7 billion in commitments to date.

American Electric Power (AEP) has named a new CFO as its incumbent prepares to take on the chief executive role next year.

Google will buy around 75% of renewable energy produced by four solar projects SB Energy Global has under development, as the multinational looks to operate data centers on carbon-free energy by 2030.

The board of Centerpoint Energy has appointed executive vice president and CFO Jason Wells as president and COO, with effect from 1 January (2023).

PEI Global Partners, a recently formed investment bank specializing in power, energy and infrastructure, has added a new managing director.

oEnergy is planning to develop a solar-plus-storage project in Chile.

Brazil’s National Electric Energy Agency (Aneel) has approved the public notice for the second transmission auction the agency is holding this year.

WEC Energy Group has agreed to buy an 80% stake in Maple Flats Solar Energy Center in Clay County, Illinois, from Invenergy for around $360 million.

Eolica Coromuel – a Eurus Energy America Corporation subsidiary – has started commercial operation of Baja California Sur’s first wind generating facility.

IDB Invest is preparing an up to $60 million debt package to support green projects in Costa Rica.

The Bureau of Ocean Energy Management (BOEM) has designated 2 Wind Energy Areas (WEA) ahead of the leasing process later this year or early next year.

GridStor, the developer, owner and operator of battery energy storage systems, has acquired a portfolio of storage projects currently in development in the greater Los Angeles area from Upstream Energy of San Diego.

The Canada Infrastructure Bank (CIB) has teamed up with Ontario Power Generation (OPG) and committed $970 million towards Canada’s first small modular reactor (SMR).

Colbún has renegotiated a power purchase agreement with mining company Codelco to sell output from renewable sources instead of coal.

Law firm Latham & Watkins has promoted a partner in its project development and finance practice.

The government of Ceará has signed a pair of memoranda of understanding for the production of green hydrogen in the state.

A community solar platform based out of Denver, Colorado has launched an equity raise process.

Boralex has agreed to acquire a 50% stake in a pair of wind projects in New Mexico, totaling almost 300MW, from EDF Renewables.

Engie North America has acquired a 6GW portfolio of solar and battery storage projects in the US.

The Maine Public Utilities Commission has chosen LS Power Grid Maine to build a new transmission solution to deliver renewable energy from Aroostook County, Maine, into the New England grid.

TC Energy and 3 Rivers Energy have partnered on a $29.3 million investment to construct and operate an anaerobic digestion and biogas upgrading plant for the Jack Daniel Distillery in Tennessee.

Spanish renewables developer Grenergy has inked 2 power purchase agreements for projects the company owns in Chile.

Chilean fund manager Toesca Asset Management has agreed to acquire a large-scale solar project in Chile.

Brazilian renewable developer Casa dos Ventos has landed financing for a portfolio of wind farms in the state of Bahia.

Oglethorpe Power, a member-owned energy company, has agreed to acquire 2 generating units at Washington County Power, a 4-unit 660MW combustion turbine generation and transmission facility, in Sandersville, Georgia.

Saint-Gobain has signed a 10-year PPA with TotalEnergies for the purchase of solar power for its 145 industrial sites in the US and Canada.

France's TotalEnergies (TTE) and Brazil's Casa dos Ventos (CDV) have entered a joint venture to set up a renewable portfolio of Casa Dos Ventos, Brazil.

Renewable energy developer rPlus Energies has signed a long-term PPA with PacifiCorp for a 400MWac solar PV project integrated with a 200MW battery energy storage system (BEES) in Emery County, Utah.

Companhia Siderúrgica Nacional (CSN) has completed the privatization process of Companhia Estadual de Geração de Energia Elétrica (CEEE-G).

PPL Corporation, the Pennsylvania-headquartered transmission and distribution company, and Belgian transmission operator Elia Group have agreed to develop innovative transmission solutions to integrate future offshore wind capacity with the onshore grid in the New England region.

Nightpeak Energy – a new venture for the development of flexible power generation resources including battery storage facilities across the US – has received $200 million in equity funding from Energy Spectrum Capital.

Invinity Energy Systems has entered into a sales agreement with Maada'oozh, a wholly-owned subsidiary of Indian Energy, for a 10MWh Invinity VS3 flow battery system to be used in a large-scale solar microgrid project in Southern California.

Swiss-based Advanced Power has closed on a $60 million capital facility through Crédit Agricole Corporate and Investment Bank (CIB).

Uruguay has issued a sovereign sustainability-linked bond (SSLB), the country's first ESG-linked bond and second-ever sovereign issuance of the sort.

Infrastructure investor SMC Infrastructure Partners (SMC) has taken over an investment platform that specializes in energy transition, environmental impact, resiliency and digitization.

Spanish group Uriel Inversiones, through its renewable arm Uriel Renovables, is planning a utility-scale solar project in Chile.

Ecofin Advisors, the investment manager of US renewables fund Ecofin US Renewables Infrastructure Trust (RNEW), has hired a group lead and portfolio manager.

US solar developer Innovative Solar Systems (ISS) has put itself up for sale for $150 million.

Invenergy has reached commercial operations at the Energía del Pacífico (EDP) LNG-to-power project at the Port of Acajutla in El Salvador.

The energy company Invenergy has secured a deal to sell a pair of wind projects in Texas and Oklahoma, totaling almost 800MW in generation, to a utility company.

Brazilian electric utility Copel, through its subsidiary Copel Geração e Transmissão (Copel GeT), has started commercial operations of its Jandaíra wind complex.