News

German developer Blue Elephant Energy continues its expansion in Chile with the acquisition of a portfolio of small-scale solar assets.

Baker Botts has hired an energy-focused corporate partner, Clay Brett, to its Houston office. The hire reflects a steady rise in energy and infrastructure deals and investment for the law firm.

BrightNight, the renewables developer and power provider, has entered into a power purchasing agreement (PPA) with Louisville Gas and Electric Company (LG&E) and Kentucky Utilities Company (KU).

Canadian-based power producer Codelio Power has secured construction loan financing and tax equity for its 171MW Moraine Sands wind project in Mason County, Illinois.

Qualitas Energy, the Spanish renewable energy-focused investment platform, is opening a new office in Chile.

Brazil’s National Electric Energy Agency (Aneel) has confirmed the first transmission auction of this year to be held on June 30.

Ares-backed Heelstone Renewable Energy closed a $357 million debt financing with JPMorgan Chase and Fifth Third Bank for five utility-scale solar projects.

Natural gas company PureWest Energy has merged with a newly formed entity sponsored by a private consortium of family offices and financial institutions (PW Consortium) in a $1.84 billion deal.

Nopetro Energy, the natural gas production specialist, has partnered with middle-market investment fund NOVA Infrastructure to create a renewable natural gas (RNG) platform.

EDF Renewables Brasil has signed a memorandum of understanding (MoU) for the development of green hydrogen with the state government of Rio Grande do Norte.

Solar and storage company Strata Clean Energy has entered a 20-year tolling agreement with Arizona Public Service (APS).

Stonepeak Partners, a leading infrastructure and real assets investment manager, has appointed Michael Leitner as senior managing director of the credit space.

Hyundai Motor Group and LG Energy Solution (LGES) have launched an electric vehicle (EV) battery cell manufacturing joint venture in Georgia.

InfraCorp, the infrastructure investment platform of Grupo Romero, has closed the acquisition of the Puerto Bravo gas-fired plant in Peru.

FuelCell Energy, a global manufacturer of proprietary fuel cell technology, has secured a $87 million non-recourse project financing facility.

Czech renewables developer Solek has landed financing for a 284MW portfolio of solar assets the company is developing in Chile.

Renewable fuels company Raven SR has received environmental approval from the city of Richmond, California for its biofuel project.

Green Bridge Energy, a Raleigh-based clean energy lender, has launched a $50 million fund that is understood to close on July 1st (2023). The fund has a $550,000 minimum investment.

Ørsted has agreed to acquire Eversource Energy’s 50% interest in the uncontracted federal offshore wind lease, jointly owned by the 2 companies, for $625 million.

AES Andes is retiring the company’s Norgener coal-fired power plant in Chile.

Lightsource BP has reached commercial operation on its Bellflower Solar project.

The National Energy Commission (CNE) has granted a total of three definitive concessions for solar projects to be developed on the island.

Equilibrium Energy, a clean energy finance startup, has partnered with green energy investor Hatch Renewables to provide tolling agreements for utility-scale battery storage projects.

Danish wind turbine manufacturer Vestas Wind Systems has secured a 72MW wind project supply order with an undisclosed customer in Argentina.

Spanish JV partners Repsol and Ibereolica Renovables have commissioned the first phase of their maiden joint solar project plant in Northern Chile.

Toyota North America signed a virtual power purchase agreement (VPPA) with Savion, and local developer Edelen Renewables, on a coal mine set to be repurposed into a solar farm.

Latin America Power is planning a 73MW expansion to the company’s San Juan wind project in Chile.

Polaris Renewable Energy has inked a power purchase agreement (PPA) for a solar project the company is developing in the Dominican Republic.

SUSI Partners, the Swiss sustainable energy infrastructure investment manager, has acquired Encore Renewable Energy.

Scout Clean Energy and Elawan Energy’s joint venture has finalized the sale of its 199MW Persimmon Creek wind farm in western Oklahoma to utility company Evergy for $250 million.

Neoenergia, the Brazilian energy distributor owned by Iberdrola, has landed a green and sustainability-linked loan from the International Finance Corporation (IFC) to support the expansion of its distribution subsidiary.

Chile’s National Energy Commission (CNE) has revealed details on its 2023 power auction which will be held in December.

Leyline Renewable Capital has invested $30 million with solar and storage developer Accelergen Energy.

The US Department of Energy (DOE) will award $32.6 million to the Colorado School of Mines, Carbon America, and Los Almost National Laboratory for a carbon storage hub in Pueblo, Colorado.

AES Andes has received environmental approval to develop a massive hybrid complex in Chile after submitting the project almost three years ago.

Generate Capital, a San Francisco-based sustainable infrastructure fund will invest $250 million in Ambient Fuels, a green hydrogen developer.

Aspen Power has completed construction on its first solar project with residential real estate powerhouse The Michaels Organization.

Apterra Infrastructure Capital, the credit platform launched in March (2023) by Investec’s former co-heads of power & infrastructure Ralph Cho and Michael Panetlogianis, has made its first hire.

Omega Energia has entered an agreement with São Paulo-based fund manager Apolo to develop solar generation in Brazil.

AES Corporation has priced its $900 million 5.45% senior notes due 2028.

Northeastern energy giant Agilitas Energy has entered a strategic development partnership with full-service energy provider Oak Square Partners.

EE North America, the US subsidiary of European Energy, has sold 350MW utility solar project to Osaka Gas USA (OGUSA) .

Renewable developer Omega Energia has landed R$415.32 million ($83.6 million) for a wind complex the company is developing in Brazil.

Blackrock-owned DSD Renewables closed a $75 million dollar tax equity financing with Bank of America for several commercial and industrial (C&I) and community solar projects across the US.

BlackRock has acquired a portfolio of distributed solar generation assets in Chile.

Kane Kiester has joined sustainable energy consulting group Insight Energy as vice president of energy procurement and management, based out of Louisville, Kentucky.

YPF Luz has signed a power purchase agreement (PPA) with Petroquímica Río Tercero (PR3) for the supply of solar energy.

Pattern Energy has signed a power purchase agreement (PPA) with both Shell Energy North America and all Regents of the University of California for part of the energy generated from its SunZia Wind Project.

Sequitur Renewables purchased an operating wind farm in the Almont Pass area of California on May 16.

Grupo Energía Bogotá (GEB) has appointed Andrés Baracaldo and Walter Sciutto as country managers for Brazil and Peru, respectively.

New York-based Global Hydrogen Energy will merge with Dune Acquisition, a special purpose acquisition company (SPAC), to become a publicly listed company with a $112 million enterprise value.

Multinational law firm Winston & Strawn has appointed Rodney Moore and Sam Peca as partners and as members of the transactions department's private equity transactions practice.

TotalEnergies has signed a 25-year power purchase and storage services agreement with mining company Imerys for a solar power and storage system the energy giant will build at the Lompoc facility in Santa Barbara, California.

Parque Eolico Arauco (PEA) is partnering with IMPSA on a solar project in the province of La Rioja in Argentina.

Matrix Renewables, global energy developer backed by TPG, announced the completion of construction and financing for its Kern County, California projects Gaskell West 2 and 3. The projects are 143MWdc of solar and an energy storage system with an 80Mwh capacity.

Perkins Coie has hired Buck Endemann and Elizabeth Crouse as partners in the firm’s renewable energy practice based in the US West Coast.

Recurrent Energy – a wholly-owned subsidiary of Canadian Solar – has signed an aggregated virtual PPA for 100% of the production capacity of the Liberty Solar project in Liberty County.

EBCO Energía has submitted a utility-scale solar project for environmental review in Chile.

MPC Energy Solutions is planning to develop up to 70MWp of renewable energy projects in Panama.

Clean power producer FirstLight Power announced on Thursday (11 May) that it had completed the expansion of a $97.5 million corporate credit facility to support a clean energy development pipeline and growth strategy in North America.

Republic Transmission – a subsidiary of LS Power – has secured a contract from MISO to develop, own, operate and maintain a double-circuit transmission line in northern Indiana.

Neoenergia has signed a financing agreement that will support the expansion of its energy distribution business in Brazil.

Bitech Technologies Corporation has received $300 million in financing from Nam Viet Green Energy JSC (Nam Viet Energy) for selected solar and battery energy storage system (BESS) projects.

US nuclear fusion company Helion Energy has entered into an agreement with Microsoft to provide electricity from its first commercial fusion power plant.

President Biden's suspension of tariffs on solar panels from four Southeast Asian nations was repealed by the US Senate, threatening solar projects while American solar panel manufacturing gets up and running.

Climate Adaptive Infrastructure (CAI) and DigitalBridge Group have announced a decarbonization partnership to accelerate the digital infrastructure ecosystem's transition to net zero.

Pivot Energy has closed on a $203 million financing facility to support a multi-state portfolio of distributed generation solar projects in the US.

DIF Capital Partners (DIF) has signed an agreement to acquire a 75% interest in Canadian geothermal energy company Diverso Energy.

Denham Capital-backed power firm Ceiba Energy has signed an EPC contract with a consortium of Mitsubishi Power Americas and Consag to develop a 1.6GW LNG-to-power plant in northeastern Brazil.

The National Energy Commission (CNE) has granted a definitive concession to Irradiasol Dominicana for a solar project in the Dominican Republic.

Linxon has signed an exclusivity agreement with Available Power for the 100MW / 200MWh Greenport Battery Energy Storage System (BESS) project in Austin, Texas.

Chile’s Verano Energy is growing its portfolio in Colombia with the acquisition of a trio of solar projects totaling 296MWp of installed capacity.

PowerChina has signed a memorandum of understanding with the government of the state of Ceará for the development of a solar project.

LS Power is set to acquire a 2.1GW natural gas generation portfolio from Brazos Electric Power Cooperative in ERCOT.

Spearmint Energy, the battery energy storage specialist founded in May 2022, has added two senior hires to its growing development team.

Private equity firm Hull Street Energy has agreed to acquire a 100% interest in 2 power plants from Mesquite Generation Holdings – an affiliate of Atlas Holdings.

Eneva has inked a power purchase agreement for the company’s Futura I solar complex located in the state of Bahia.

YPF Luz has signed a memorandum of understanding (MoU) with Cementos Avellaneda to jointly develop a wind project in Argentina.

NextEra Energy Partners is looking to sell its STX Midstream and Meade natural gas pipeline assets as it focuses on its renewable energy portfolio.

Colombia’s Celsia has agreed to sell part of its assets in Central America to a subsidiary of renewable developer EnfraGen.

AES Brasil has entered a power purchase agreement with an undisclosed offtaker for one of the company’s wind farms.

New Jersey has begun the process for its second offshore wind transmission solicitation, which will bring the state closer to its newly increased offshore wind policy target of 11GW.

Anaergia Inc, the renewable natural gas specialist, through a subsidiary will supply the fuel to produce carbon-negative hydrogen and electricity for Toyota Motor North America Inc’s (TMNA) Logistics Services Center at the Port of Long Beach in California.

Akuo Energy and Atlantica Sustainable Infrastructure have reached financial close and start of construction on a solar PV portfolio in Chile.

Peruvian investment promotion agency ProInversión and Acciona have signed a concession contract for 2 power transmission lines in Peru.

Renewable energy developer Aspen Power has acquired 10 ground-mounted solar projects in northwest Pennsylvania from Sunrise Energy.

Brazilian transmission company Taesa (Transmissora Aliança de Energia Elétrica) has hired Rinaldo Pecchio Jr. as chief financial and investor relations officer.

Renewables infrastructure firm True Green Capital Management (TGC) will acquire a majority ownership in CleanChoice, a direct-to-consumer clean energy provider.

Copenhagen Infrastructure Partners (CIP) has sold 2 wind farms in Texas to Canadian energy infrastructure company TC Energy.

Brookfield-backed Quantum has acquired the remaining stake in transmission company Sertaneja.

Canadian pipeline and energy company Enbridge has agreed to acquire the Aitken Creek natural gas storage facility from FortisBC Holdings Inc for $400 million.

Renewables developer BayWa r.e has completed close on a $115 million credit facility with Nomura to support the development of utility-scale solar and solar+storage projects in the US.

Argentina's Secretariat of Energy has received more than 2GW of renewable energy project bids in a tender launched earlier this year.

Toyota Tsusho Corporation has completed its acquisition of an 85% stake in SB Energy, the renewables platform of Japanese multinational SoftBank Group.

Portland General Electric Company has procured 400MW/AC of battery storage projects to be delivered by Eolian.

Despite advancements in battery storage posing a long-term risk to natural gas – as the long-term growth of renewable power erodes market share for the fossil fuel – the conventional power generation method still has a large part to play in energy transition.

SFC Energy, a supplier of hydrogen and methanol fuel cells, has opened 2 competence centers for hydrogen fuel cell technology in Calgary and Toronto.

Renewable developer Atlas Renewable Energy has signed a 21-year PPA with Brazilian aluminum producer Albras to supply solar power.

BP Energy has appointed Starlee Sykes as chief executive of Archaea Energy, which the fuel retailer acquired in December (2022).

Law firm Holland & Knight is growing the firm’s energy practice in Mexico with the addition of Gerardo Prado Hernández.

Clifford Chance has promoted energy and infrastructure lawyer Mariana Estévez to partnership, effective May 1.

US green hydrogen electrolyzer company Ohmium International has closed a $250 million Series C growth equity financing round to expand manufacturing capabilities.

I Squared Capital has completed a $400 million growth capital investment in US distributed energy resource platform RPower.

Chilean transmission company Transelec has boosted the capacity of a power line running through the Santiago Metropolitan Region to avoid curtailment of renewable energy due to grid constraints and prevent financial losses.

Pampa Energía is planning to issue green bonds to finance the construction of a wind project the company is developing in Argentina.

Google and EDP Renewables have signed a framework agreement to develop over 80 distributed solar projects of 650MWp (500Mwac) in the US.

Spanish renewables firm Ecoener will close a deal to finance its Colombian Sunnorte Solar PV Plant in May.

French solar developer GreenYellow has started construction on five utility-scale solar projects in Colombia.

Gabriel Salinas has rejoined Mayer Brown as a partner in the firm’s Houston office. He will be a part of its corporate and securities practice, where he will focus on M&A transactions and energy transition projects across the Americas.

US renewables developer OCI Solar Power, a subsidiary of OCI Energy, has sold a Texas-based 110MW solar PV project to Mitsui.

Neoenergia has agreed to sell half of its transmission assets to a fund of Singaporean institutional investor GIC.

Small-scale Chilean developer oEnergy is adding two solar-plus-storage projects to the company’s development pipeline.

The World Bank’s International Finance Corporation (IFC) will provide up to $175 million to strengthen Guatemala’s power distribution.

Private equity firm Hull Street Energy has agreed to acquire a 100% interest in Sunrise Power from Generation Bridge Acquisition, an affiliate of ArcLight Capital Partners.

BorgWarner is planning to invest $42 million into the expansion of its Seneca, South Carolina production facility for the advancement of its battery module and pack production in the US.

On 4 April 2023, Iberdrola chairman Ignacio Galán sat on a dark green chair embroidered with the Mexican coat of arms, at a large wooden table with Mexican President Andrés Manuel López Obrador and a delegation, to hand over 8.5GW worth of assets — the largest energy deal ever signed in the country.

The renewable subsidiary of real estate and construction group EBCO Industrial is planning to develop two solar projects in Chile.

Sunergy Renewables said last week (19 April) that it has agreed to go public through a merger with special-purpose acquisition company ESGEN Acquisition.

Innergex Renewable Energy has secured a $49.5 million loan to s;upport the construction of the San Andrés battery energy storage project in Chile.

Rainer Kraft has joined CIBC Capital Markets as managing director, head of syndications after leaving BBVA.

Braya Renewable Fuels has unveiled a $300 million preferred equity investment from Energy Capital Partners (ECP), an energy-transition-focused investor in the electricity, clean energy and renewable infra sectors.

Multinational law firm Linklaters has hired Lauren Bachtel as senior counsel in the Energy and Infrastructure Group, based out of its New York office.

Spain’s Enerfín has landed a loan to finance the construction of the company’s first solar project in Colombia.

Pan American Energy (PAE) has signed power purchase agreements for the output of the company’s first project in Brazil.

The power generation subsidiary of Argentina’s state-owned oil and gas company YPF Luz has inaugurated its first solar park.

Solar developer ForeFront Power and investment firm HASI have entered a follow-on equity investment agreement for a portfolio of distributed solar and solar-plus-storage projects across California.

Renewables developer Avangrid, a part of Iberdrola, has teamed up with the Navajo Tribal Utility Authority (NTUA) to develop up to 1GW of green energy projects within the Navajo Nation in the states of New Mexico and Arizona.

The government of Colombia will tender a 500/230kV transmission substation project, the first such tender in in the country.

Peru’s Energy and Mines Ministry (MINEM) has granted local electricity company Ecorer a temporary concession for the 100MW Montalvo solar project.

Canada’s Algonquin Power & Utilities Corp. and American Electric Power have pulled the plug on the deal for AEP’s utility subsidiary Kentucky Power and its transmission business AEP Kentucky Transco.

The Canada Infrastructure Bank (CIB) this week (17 April) reached an agreement to invest around C$100 million ($74.74 million) in Noventa Energy Partners, a renewable energy company that provides services to decarbonize the heating and cooling of buildings.

China’s State Power Investment Corporation (SPIC) has signed a memorandum of understanding to promote green hydrogen production in the state of Rio de Janeiro.

Luxembourg steel and mining firm ArcelorMittal’s Brazilian subsidiary will form a JV with Casa dos Ventos, one of Brazil’s largest renewables developers.

Greenwood Sustainable Infrastructure (GSI), a subsidiary of Libra Group, has acquired the solar and battery development portfolios of Saturn Power.

Continuum Renewables has said it intends to acquire all of Heliogen’s outstanding shares of common stock for a cash consideration of $0.40 per share.

Canadian clean energy firm Greenlane Renewables has signed an agreement with Brazil’s ZEG Biogás to develop and sell its most popular biogas upgrading product in Brazil.

Brazilian construction company BN Engenharia will carry out infrastructure work on China’s State Power Investment Corporation (SPIC) and Canadian Solar’s 738MW solar portfolio.

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.

Marathon Capital, the sustainable-energy-focused investment bank and financial advisor, has named Iain Watson country manager of its Canadian operations.

Avina Clean Hydrogen has named Tom Linebarger (former CEO of Cummins), Susan Dio (former president and chair of BP America) and Warren East (former CEO of Rolls-Royce) to the Avina Advisory Board (AAB).

Lightsource BP has reached a $327 million financial close on the 313MWdc (250MWac) Driver Solar Project near Osceola in Mississippi County, Arkansas.

Clean power producer FirstLight Power has completed the planned integration of H2O Power, the third-largest provider of hydroelectric power in Ontario.

Quinbrook Infrastructure Partners has entered the renewable fuels market with the acquisition of New-Hampshire-based biogas company PurposeEnergy.

Chilean state-owned mining company Codelco has renewed its thermal offtake agreement with Canada’s Innergex Renewable Energy to continue using solar heat to mine copper at its Gabriela Mistral Division site.

Spanish developer Fotowatio Renewables Ventures (FRV) has begun the permitting process for a utility-scale wind project in Chile.

Clean energy investor S2G Ventures has launched a $300 million fund to back companies carrying out long-term social and environmental initiatives.

Vision RNG has hired Brian Martz as chief operating officer (COO), based in Arizona.

Peruvian investment promotion agency ProInversión is looking to award the Piura Nueva – Frontera transmission project in July.

Small-scale developer oEnergy is adding a solar-plus-storage project to the company’s pipeline in Chile.

Mitsubishi Power is partnering with Warwick Carbon Solutions for decarbonization projects in the electric power and industrial sectors.

Vesper Energy — the developer, owner, and operator of utility-scale renewable energy assets — has upsized its existing letter of credit (LC) facility to $200 million from $140 million.

Italian energy company Enel’s LatAm subsidiary has reached an agreement to sell its Peruvian businesses to China Southern Power Grid International (CSGI).

Copper producer Codelco has extended its power purchase agreement with Innergex Renewable in Chile.

Allete Clean Energy has closed its sale of the 91.6MW Red Barn wind project in Grant County to WEC Energy Group utility, Wisconsin Public Service (WPS), and Madison Gas and Electric Co (MGE).

Clearway Energy Group has closed financing on two utility-scale solar and storage projects in Riverside County, California.

French energy company Engie has signed a memorandum of understanding (MoU) to support the development of green hydrogen in the state of Paraná in Brazil.

Ecuador’s Ministry of Energy and Mines has awarded projects in a renewables tender the country launched back in December 2021.

Offshore wind in Latin America is generating conversation, if not power, as its governments attempt to meet ambitious energy transition goals. According to the World Bank, the region holds 8,000GW of potential technical capacity, with Brazil, Colombia, Chile and Mexico offering some of the best resources for implementation.

Infrastructure investment manager Morrison & Co has hired Brookfield Asset Management’s former head of infrastructure project management, Melissa Richards.

Waste-to-energy company Covanta has reached an agreement to acquire Circon Holdings, a portfolio company of Kinderhook Industries.

Details have emerged on Spanish utility Solarpack’s acquisition of a concession to develop a 200MW PV solar farm in Manabí, Ecuador.

The US subsidiary of Thai-listed BCPG has reached an agreement with Franklin Power Holdings to acquire a stake in two natural gas power plants in Pennsylvania.

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.

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.

American Electric Power (AEP) business Indiana Michigan Power (I&M) has signed a power purchase agreement (PPA) to take power from Savion’s first Indiana solar project.

Grupo Energisa has landed financing to support the development of distributed generation solar projects in Brazil.

The Pennsylvannia Public School Employees’ Retirement System (PennPSERS) has allocated $218 million to the DIF Core-Plus Infrastructure Fund III.

Duke Energy has announced its intention to offer $1.5 billion of aggregate convertible senior notes due in 2026.

Argentine renewable developer Genneia has signed a power purchase agreement (PPA) with oil and gas company Vista Energy.

Iberdrola has agreed to sell more than 8.5GW of assets it operates in Mexico, in a transaction valued at around $6 billion.

Buckeye has launched a diversified energy company that will focus on the development, construction and operation of energy transition projects – BAES Infrastructure.

Google has signed a PPA with Ørsted that will see the tech giant purchase renewable energy generated from the 268MW Helena Wind Farm in Bee County, Texas.

Brazilian developer Casa dos Ventos has landed a loan from BNDES to support the construction of the Umari wind complex.

Dominican public utility Empresa Generadora de Electricidad Haina (EGE Haina) has secured a definitive concession for a solar project on the island.

Ancala Partners today (3 April 2023) said it has acquired a majority interest in Noventa Energy Partners, a renewable energy company that provides services to to decarbonize the heating and cooling of buildings.

DIF Capital Partners has agreed to acquire a majority equity interest in US-based Green Street Power Partners, a developer, financier, owner and operator of distributed generation solar projects.

Electricity distributor and hydro developer Luz del Sur has agreed to acquire a pair of solar projects in Peru.

Danish wind turbine manufacturer Vestas will supply turbines to the 162MW La Eltiba wind farm in the province of Buenos Aires in Argentina, owned by local renewable energy producer Genneia.

RWE has signed a Memorandum of Understanding (MoU) with Entergy to jointly evaluate the delivery of clean energy from offshore wind to industrial customers in Texas and Louisiana.

Duke Energy has started commercial operation of North Carolina's largest battery system, an 11MW project in Onslow County.

Casa dos Ventos has signed a power purchase agreement with Brazilian petrochemical company Braskem.

Danish wind turbine manufacturer Vestas has signed an agreement with Brazilian developer Casa dos Ventos to supply wind turbines to two mega wind farms.

Chile’s national energy commission is calling for an international public tender to award the construction, execution and operation of 15 transmission works, with a combined value of $414 million.

Equatorial Energia has signed an investment agreement with Itaú Unibanco in the amount of R$2.1 billion ($403 million).

The governments of Canada, Nova Scotia, and Newfoundland and Labrador have begun regional assessments for offshore wind development.

The Ontario Teachers' Pension Plan Board has agreed to acquire a majority stake in renewable natural gas developer (RNG) Sevana Bioenergy.

Renewable energy developer Birch Creek Energy has acquired Foundation Solar Partners from Hull Street Energy. Financial terms of the transaction were not disclosed.

Brazil’s power sector regulator Aneel has approved the remaining 100MW worth of solar projects from the A-5 tender held on 14 October 2022.

Enel, through its business Enel Trading, has signed a power purchase agreement with gold mining company Equinox Gold in Brazil.

Renewable investor CleanCapital has acquired a portfolio of ten projects with 26.2MW of power capacity in Rhode Island.

Electricity Generating (EGCO), the power generation arm of the Electricity Generating Authority of Thailand, has completed the acquisition of a 49% interest in Rhode Island State Energy Centre (RISEC) in Johnston, Rhode Island.

Oya Renewables, the clean energy developer and independent power producer, has closed a $27.1 million long-term loan facility from City National Bank (CNB) and tax equity funding from Greenprint.

Engie has received the greenlight to turn on the first unit of its Santo Agostinho wind project in Brazil.

Mexico’s government will develop renewable energy projects to power the 300km Tehuantepec isthmus rail corridor between ports in Oaxaca and Veracruz states.

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.

South Korea's 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 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