News

A consortium including Sunstone Credit, IGS Ventures, and an affiliate of Greenbacker Capital Management, have closed on the acquisition of residential solar lender Sunlight Financial Holdings following its Chapter 11 restructuring.

Ørsted’s 132MW South Fork project has become the first offshore wind farm to plug into New York’s power grid, and Vineyard Wind completed its first five wind turbines as the projects go head-to-head to become the first full utility-scale offshore wind farm in the US.

Small modular nuclear reactor and fuel business X-Energy Reactor Company (X-energy) has completed a $80 million Series C financing round.

Brazilian development bank BNDES has signed an agreement with the New Development Bank (NDB) , formerly the BRICS Development Bank, that will see the pair invest $1.7 billion into the nation's energy transition.

Brazilian development bank BNDES has agreed to two loans to finance biogas assets located in the state of Sao Paulo in Brazil.

EV charger manufacturing company DG Matrix has finalized a multi-year partnership with sodium-ion battery producer Natron Energy to accelerate the deployment of charging infrastructure.

Mammoth Energy Services subsidiary Cobra Acquisitions will transfer around $54.4 million of its outstanding receivables with the Puerto Rico Electric Power Authority (PREPA) to the SPCP Group for $46.3 million.

Waste management and renewable fuel developer Dynamic Renewables has hired the former president of renewable natural gas (RNG) at Kinder Morgan as its chief executive.

Swiss asset manager SUSI Partners is expanding its partnership with developer SMT energy by doubling its Texas battery energy storage (BESS) portfolio to 200MW from 100MW, adding 10 new projects.

US-based utility-scale solar and battery storage developer Mission Clean Energy has hired John Richardson as vice president of finance.

BW Solar has sold two battery energy storage (BESS) projects with a combined capacity of 525MW to renewable energy storage company Spearmint Energy.

Norwegian energy company Statkraft is planning to develop a hybrid solar and wind project, adding 440MW to its renewable pipeline in Chile.

Denmark’s Copenhagen Infrastructure Partners (CIP) will invest $10 billion into a green hydrogen project in Mexico.

Independent power producer Nightpeak Energy (Nightpeak) has closed on its acquisition of NRG subsidiary Saguaro Power Company (Saguaro).

Brazilian oil and gas giant Petrobras has signed a preliminary agreement with the state government of Rio de Janeiro for the development of a carbon capture hub.

London-based electricity generation company ContourGlobal has agreed to offload a portfolio of wind farms in Brazil.

Energy and storage provider FirstLight has signed a 5-year power purchase agreement (PPA) with the Massachusetts Municipal Wholesale Electric Company (MMWEC) to provide 14 state municipal utilities with 69GWh of hydropower.

Lummus Technology and Toshiba Energy Systems & Solutions Corporation (Toshiba) have entered an agreement to jointly develop carbon capture projects in the US.

Deloitte's former ESG Tax Leader has joined RBC Capital Markets as a managing director.

Renewable power producer Qair has received a loan from Sudene’s Northeast Development Fund (FNDE) for two solar projects in Brazil.

US-based lithium-ion battery developer and energy storage systems manufacturer KORE Power (KORE), has named industry veteran Michael Canada as its chief operating officer.

Investment firm Hannon Armstrong Sustainable Infrastructure (HASI) will hold a private offering of $500 million in green senior notes to develop green energy projects.

Kinetik Holdings will offer $500 million in sustainability-linked senior notes due 2028.

Renewables developer energyRe has raised a $1.2 billion capital package to develop and construct its 10.5GW solar, wind, and storage portfolio, as well as 500 miles of transmission.

Utility-scale energy storage developer Malta has closed a funding round with investors from Siemens Energy Ventures and Alfa Laval, as well as existing shareholders, to grow its long-duration solar production and development.

The Inter-American Development Bank (IDB) has launched IDB Clima, a financial initiative to support successful green initiatives across Latin America.

NextEra Energy Partners, will privately offer $750 million of senior unsecured notes due 2029 via its direct subsidiary, NextEra Energy Operating Partners (NEP OpCo).

Brazilian development bank BNDES has signed a memorandum of understanding (MoU) with the World Bank to support low-carbon hydrogen initiatives in Brazil.

The former chief executive of FirstLight Power, Alicia Barton, will join Vineyard Offshore as chief executive on January 1, 2024.

Southwest Gas Holdings, (Southwest Gas ) will pursue an initial public offering (IPO) of newly issued Centuri Holdings shares during spring or summer of 2024 as the companies look to separate.

Although an issue facing the whole energy sector, transmission and grid connectivity for the offshore wind industry has reached a whole new level of complexity.

Chile’s Inversiones Latin America Power (ILAP) filed for Chapter 11 in the Southern District of New York on November 30 2023 in a voluntary restructuring process.

Hyundai Mobis has secured a $490 million term loan facility from Australia and New Zealand Bank Group (ANZ) to fund four EV manufacturing plants in Georgia, establishing its presence in the US EV market.

Commercial solar owner and operator Summit Ridge Energy through its joint venture with Osaka Gas USA, acquired 19 community solar projects in Virginia for $250 million.

Chesapeake Utilities has completed its acquisition of Florida City Gas, which will henceforth act as a wholly-owned subsidiary of the company.

BGC Group’s (BGC) subsidiary Poten & Partners, an integrated energy advisory and brokerage, has launched a global advisory team focused on the hydrogen, ammonia and methanol markets.

SoftBank and Ares Management-backed SB Energy Global has secured $2.4 billion in financing for solar projects that are the first to qualify for the federal tax credit domestic content bonus.

The Bureau of Land Management (BLM) is set to conduct three oil and gas development lease sales in the states of Wyoming, Mississippi, Nevada, Oklahoma and New Mexico.

Enel is planning to invest $5.7 billion across its core markets in Latin America for the period 2024-2026.

Rubicon Capital Advisors has hired Justin Snyder as senior director in its New York office where he will focus on advisory opportunities across the North American renewable energy, energy transition and infrastructure sectors.

Calibrant Energy, a joint venture established in 2020 between Siemens and Macquarie, has continued to add to its headcount with the hiring of Sean Rheuben as managing director, strategic origination with business development.

Spanish law firm Cuatrecasas has hired Michel Diban to join its M&A and corporate practice in the Santiago, Chile office.

UK clean energy investment firm Sustainable Development Capital (SDC) has acquired Volery, a US-based private equity firm focused on energy transition.

Investment manager Kimmeridge Energy Management’s carbon capture-focused vehicle Kimmeridge Carbon Solutions, has teamed up with UK-based decarbonization development business Storegga to advance carbon capture usage and storage (CCUS) projects.

Infinium's first-of-its-kind efuels project for sustainable aviation fuel (SAF) has received a $75 million equity investment commitment.

Global law firm Vinson & Elkins has added a number of lawyers with energy expertise to its partnership and promoted others to counsel, effective January 1, 2024.

Michigan Governor Gretchen Whitmer has signed the state’s MI Healthy Climate Plan into law following its passage in early November by the House legislature.

Electrical connector manufacturer Stäubli Electrician Connectors has signed an agreement with SSA Terminals to provide electric vehicle (EV) charging stations for its 33 terminal tractors at the Port of Long Beach, California.

Former DLA Piper US head of energy and natural resources Vanessa Richelle Wilson has joined international law firm Akin’s Washington, DC. office as a partner in the projects and energy transition team.

AES Andes has secured environmental approval to move forward with its project to repurpose a coal-fired facility for energy storage in Chile.

Linklaters has hired Michael Rodgers – formerly of White & Case – as partner in its energy & infrastructure and tax practices in Washington, DC.

Private investment energy firm X Machina Capital (XMC) will merge its portfolio company Gradient Geothermal with Denver, Colorado-based geothermal company Transitional Energy.

Power Sustainable has committed C$200 million to reach a final close on the second vintage of its energy infrastructure strategy at C$800 million.

Boston-based Álvaro Ortega has joined innovative floating offshore wind (FLOW) company Gazelle Wind Power as chief financial officer.

Atlas Renewable Energy has landed a $448 million (R$2.18 billion) financing from development bank BNDES for a solar complex in Brazil.

French renewables developer CVE is adding a small-scale solar project to its pipeline in Chile.

Paul Daily, president and chief executive of Southwest Gas subsidiary Centuri Group, will step down from his position when the utility business appoints a successor.

Excelsior Energy Capital has closed a $1.3 billion financing deal for its 682MW Faraday Solar project in Utah, which has a long-term power contract with technology giant Meta through utility PacifiCorp.

Renewable power developer Apex Clean Energy has commenced sale of four solar projects to commercial solar owner and operator Summit Ridge Energy.

Enel has appointed Antônio Scala as chief executive of the Brazilian branch, based in São Paulo, Brazil.

Renewables company Brightcore Energy and clean power business Altus Power have joined forces to develop a 16,000-panel solar project spanning 19 properties.

Utility-scale solar and storage developer Primergy has closed a $300 million debt financing and tax equity deal for its 100MW Prairie Mist Solar Project in Arkansas.

German-based energy giant RWE will continue its €55 billion ($60.2 billion) Growing Green initiative – investing in renewable energy, batteries, flexible generation and hydrogen – with an estimated €20 billion ($21.9 billion) to be allocated to future US investments by 2030.

The Canada Infrastructure Bank (CIB) has launched the Indigenous Equity Initiative (IEI) to support First Nation, Metis and Inuit communities in purchasing equity stakes in CIB-backed infrastructure projects.

Texas lawmakers via a two-thirds margin voted in a controversial constitutional amendment that authorizes a $10 billion Texas Energy Fund aimed at providing low-interest loans to build gas-fired power plants, develop microgrids and modernize portions of the state’s electric grid.

AES Dominicana Renewable Energy (ADRE) has secured a $368 million financial package to for the DBFOM of 3 renewable energy projects and to refinance short-term debts.

Brazilian development bank BNDES has approved a R$157 million ($32m) loan package to Bioo Holding for the development of a biomethane plant in Triunfo, Rio Grande do Sul state.

Clean power provider Suntuity Renewables and special purpose acquisition corporation (SPAC) Beard Energy Transition Acquisition (BRD) have mutually agreed to terminate their merger to take Suntuity public.

Energy provider Genie Energy’s fund manager subsidiary Sunlight Energy Investments has purchased a 12-project solar portfolio from small solar developer local to the Midwest.

Law firm Greenberg Traurig has added to its energy & natural resources practice in the US with the hire of a tax partner.

Ameresco is to build a 50MW/200MWh battery energy storage system (BESS) for CAISO utility Silicon Valley Power (SVP) in Santa Clara, California.

Microgrid and microturbine manufacturer Capstone Green Energy Corporation hires Emer Higgins as its vice president of operations.

Renewable developer Longroad Energy has secured $600 million in debt financing for its wind, solar, and battery portfolio across the US.

Colbún has inked power purchase agreements (PPAs) with water treatment company Aguas Pacífico in Chile.

Spanish company Jepri Group signed a Memorandum of Understanding (MoU) with the Government of Ceará for a €3.3 billion green hydrogen plant in the Brazilian state.

Offshore wind developer Attentive Energy is preparing two investments to help grow the industry's supply chain and support ocean-based technology startups in New Jersey.

The New York Independent System Operator (NYISO) has halted the May 2025 retirement of four peaker plants to keep New York City’s grid reliable.

GE Vernova’s power conversion business and Next Hydrogen Solutions have signed a memorandum of understanding for green hydrogen production.

GTI International subsidiary Projeo Corporation has been awarded $38 million from the US Department of Energy (DOE) for its Phoenix Project.

Enel Americas and Enel Perú have signed an agreement with Actis-owned Niagara Energy to sell their Peruvian power generation businesses.

Power distribution business FirstEnergy has appointed two new senior executives as part of the company’s initiative to expand its presence as an electric utility.

Recurrent Energy has secured a R$490 million ($100 million) financing for a 300MW solar asset the company is developing in Brazil.

Brazil’s National Electric Energy Agency (Aneel) has approved the draft tender documents for the first transmission auction to be held in 2024.

The Bureau of Ocean Energy Management (BOEM) has approved the 816GW Empire Wind 1 offshore wind project, owned by Equinor and BP. Empire Wind marks the sixth offshore wind project approved by the Biden-Harris administration in its goal to reach 30GW of offshore generation by 2030.

KKR-backed investment firm BlackGold Capital Management has closed a deal for US-based energy infrastructure lender Northbase Finance.

Sumitomo Corporation of Americas (SCOA) has signed a Memorandum of Understanding (MoU) with international trade and development company Invest Alberta to support its energy infrastructure projects in Alberta, Canada.

Summit Ridge Energy has inked a $275 million financing from MUFG to expand its operations and project pipeline of community solar in Virginia and Illinois. The deal upsizes the existing $100 million partnership between Summit and MUFG.

Swift Current Energy has secured a 20-year power contract with NYSERDA for its 402MW Mineral Basin Solar project, the largest onshore energy project to be selected by NYSERDA's competitive solicitation.

Capital Power has acquired two contracted combined-cycle US gas generation facilities from Beal Financial Corporation subsidiary CSG Investments.

Rabobank has expanded its banking team and made analyst hires dedicated to energy transition in the US.

Copenhagen Infrastructure Partners (CIP) has launched a platform for the development and realization of renewable projects in Canada, Horizon New Energy, as part of the firm's expansion into the Canadian market.

US-based power plant owner and operator IHI Power Services Corporation (IPSC) has taken on Glenn McCombs as the company’s chief development officer, effective immediately.

Spanish developer Grenergy is planning to invest €2.6 billion ($2.8 billion) until 2026 into renewables, particularly storage, across Latin America, the US and Europe.

Eversource and Ørsted's jointly owned Revolution Wind, a 704MW offshore wind project located off Rhode Island, has received final Bureau of Ocean Management (BOEM) approval for its construction and operations plan.

Santiago-based renewable developer Blue Light Energy has started the permitting process for a solar-plus-storage asset in Chile.

Mainstream Renewable Power has completed the restructuring of its Chilean subsidiaries, Condor Energía and Huemul Energía following a months-long process.

International construction, mining and industrial heavy equipment manufacturer Komatsu has agreed to acquire US-based lithium-ion battery developer American Battery Solutions (ABS).

Innergex has taken complete control of the Pampa Elvira Solar thermal project, following an acquisition from IFU on Friday (17 November).

Independent power producer NRG’s president and chief executive officer Mauricio Gutierrez has departed the company and resigned from its board, leaving Lawrence Coben in the role for the interim.

Clenera Holdings subsidiary Country Acres Clean Power has signed a power purchase agreement (PPA) with the Sacramento Municipal Utility District (SMUD) for its 392MW / 688MWh solar-plus-storage project in Placer County, California.

Canada-based green hydrogen developer EverWind Fuels has secured a C$125 million (USD $ 91.2 million) debt facility from Export Development Canada (EDC) to put toward its Tupper Point, Nova Scotia-based green hydrogen and ammonia project.

Among the many hurdles the offshore wind sector is facing, the lack of guidelines for tax credits guidelines remains one of the most convoluted.

International professional services firm Alvarez & Marsal has taken on former Chevron executive Jay Johnson as senior advisor to its energy practice.

GE Vernova and Michigan-based energy storage company Our Next Energy (ONE) have signed an agreement to collaborate on US-based solar and storage projects.

Spanish developer Grenergy has signed the company’s first 'non-solar-hours' power purchase agreement (PPA) to supply the Chilean company EMOAC.

Chilean renewables developer Eactiva is planning to develop a duo of solar projects, adding 28MW to its development pipeline.

New York will release requests for proposals (RFPs) for offshore wind and onshore renewable energy projects on November 30, 2023.

Colombian infrastructure company Interconexión Eléctrica SA (ISA) has secured an up to COP$500 million ($124 million) loan.

EnfraGen has completed the acquisition of six renewable projects in Central America, with a combined capacity of 188MW, from Celsia.

The Saudi Fund for Development (SFD) has signed a memorandum of understanding (MoU) with the government of Saint Kitts and Nevis for the financing of a power plant on the islands.

Leeward Renewable Energy (LRE) has closed on $580 million of tax equity commitments and debt facilities for its White Wing Ranch Solar and GSG Wind projects located in Yuma County, Arizona, and LaSalle County, Illinois, respectively.

LS Power is set to invest up to $400 million into green hydrogen projects developed by Monarch Energy.

Clean power producer, developer, and energy storage company, FirstLight, has promoted current COO, Justin Trudell, to chief executive, effective December 1, 2023.

Electric vehicle (EV) services provider Revolv has closed a $25 million project financing with a Greenbacker Capital Management affiliate fund, the first non-recourse project financing in the EV sector. The facility will aid Revolv's deployment of EVs and charging stations to its customers across the US.

National Grid Renewables has agreed to two power purchase agreements (PPAs) for its Blevins Solar Project, a 270MW development located in Falls County, Texas.

Gridmatic has reached the second closing of its first energy storage fund, increasing committed capital to a total of $50 million.

The Department of Energy (DOE) has ringfenced $3.5 billion from the Bipartisan Infrastructure Law to boost domestic production of advanced batteries and battery materials.

Community solar and battery project developer PureSky Energy has closed a 3-year $150 million revolving credit facility with Nomura to fund its interconnection projects and grow its acquisition pipeline.

Canada-based Enbridge has entered a joint definitive agreement to construct and operate the Fox Squirrel solar project with EDF Renewables.

Minnesota Power, a utility division of Allete, has issued a Request for Proposals (RFP) for up to 300MW of solar energy to come online by 2027.

Swiss fund manager SUSI Partners is expanding the company’s partnership with Chilean developer BIWO Renovables adding two projects to their shared portfolio.

A section of Pattern Energy’s $10 billion Arizona-based SunZia Transmission project has been temporarily suspended by federal land managers following a request from the Tohono O’odham Nation.

Canadian independent power producer Innergex Renewable Energy has closed a $185 million financing deal for three unlevered hydro assets in Quebec and British Columbia, totaling 107MW.

The Department of Energy (DOE) has provided $444 million to fund 16 carbon storage and management projects across the US.

Oceanic Wind Energy has renegotiated its agreements with green power developer Northland Power, taking back its 400MW Hecate Strait offshore wind project in British Columbia.

Chilean utility Colbún is partnering with UK cleantech firm RheEnergise to develop an energy storage facility.

Ørsted's chief financial officer and chief operating officer have left after the company announced $5 billion in impairments, canceling its 2.3GW Ocean Wind 1 and 2 offshore wind farms off New Jersey, and pulling out of a consortium due to bid on offshore wind projects in Norway.

Two infrastructure-focused private equity professionals have established a clean energy investment firm – Acadia Infrastructure Capital.

Online retail giant Amazon is expanding the company’s renewable energy portfolio with the company's first wind project in South America.

Energyquil has signed a concession agreement for the installation, operation and maintenance of a gas-fired power plant in Ecuador.

DSD Renewables has received a $250 million strategic investment from Cox Enterprises.

Verdani Partners, a commercial real estate management services company, has teamed up on energy procurement with the auction-based energy seller Transparent Energy.

Siemens Gamesa Renewable Energy has pulled out of its $200 million Portsmouth, Virginia, offshore wind blade manufacturing facility, citing turbulence in the industry.

French energy company TotalEnergies is to buy three gas-fired power plants in Texas from TexGen for $635 million.

Renewables developer Madison Energy Infrastructure (MEI) has closed a $450 million debt financing from a club of seven banks to develop and deployment of its commercial and industrial (C&I) projects.

Austin, Texas-based developer Cielo Wind has landed approval for a wind project the company is working on in Chile.

Altus Power, an independent developer, owner, and operator of commercial-scale solar facilities, has closed on a $200 million facility from private equity giant Blackstone.

Volvo Group has won the winning auction bid to acquire the Proterra Powered business and assets of recently bankrupt electric vehicle (EV) battery developer Proterra.

Renewables developer Genneia is issuing a $15 million green bond, with a capacity to grow to $30 million, for a pair of solar and wind projects in Argentina.

Suncor is offering C$1.468 billion ($1.5 billion) in unsecured senior notes to fund its acquisition of TotalEnergies Canada.

Colombian energy company Grupo Energía Bogotá (GEB) has issued a $400 million green bond, the first such bond issued by a Colombian company on the international market.

Argentina’s Secretariat of Energy is seeking expressions of interest to develop energy storage system projects in the country.

Sunnova Energy has secured a $244 million securitization for its Hestia I solar project, which includes the development of 587MW of distributed generation energy resources (DERs) and associated software in Puerto Rico.

French energy company Engie is issuing R$2.5 billion ($507 million) in debentures to refinance assets in Brazil.

The Utah Associated Municipal Power Systems (UAMPS) and NuScale Power Corporations (NuScale) have terminated their Carbon Free Power Project (CFPP) located at the Idaho National Laboratory.

FirstEnergy is planning a 5-year, $935 million transmission infrastructure upgrade in New Jersey.

Chesapeake Utilities is looking to raise $330 million through a common stock offering to help fund its Florida City Gas acquisition, expected to close in the fourth quarter of 2023.

Renewable natural gas and biofuel producer São Martinho has signed an agreement to sell its biomethane to Compass Comercialização in Brazil.

Quantum Capital Group, the energy-focused private equity firm, has hired David Altshuler partner and co-head of client solutions.

Cubico Sustainable Investments has appointed Andrew Coffield as head of legal, US.

Sunnova Energy International is expanding its virtual power plant (VPP) platform to Puerto Rico, as well as installing more rooftop solar and batteries, after receiving funding from the Department of Energy (DOE)'s DOE Grid Deployment Office.

EverGen Infrastructure has signed a 10-year offtake contract with Irving Oil for the supply of renewable natural gas (RNG).

Investment firm Denham Capital is launching a renewable energy platform following the sale of the firm’s Rio Energy assets to Equinor.

Electricity utility Eletrobras and Brazilian development bank BNDES have agreed on a restructuring of the debts of hydro firm Santo Antônio Energia (SAESA) – an indirect subsidiary of Eletrobras.

UK power generation business Drax has partnered with fintech platform Patch to grow the private investment market in carbon dioxide removals (CDRs).

Kenneth Ditzel has joined global consulting firm Berkeley Research Group’s (BRG) energy & climate team as a managing partner.

HSBC has named Paul Snow as head of renewables in the Americas in the real assets finance team, promoting him from a director role.

Renewables developer Arevon has closed a $529 million financing package, including a tax credit transfer agreement, for its Vikings solar-plus-storage project in California.

Finance advisory and investment banking firm Marathon Capital has launched an equity research group with Alex Kania as its lead analyst and Chandni Chellappa as the team’s vice president.

NextEra Energy Partners is selling its Texas natural gas pipeline, STX Midstream, to Kinder Morgan for $1.8 billion.

Jean Francois Roberge has joined Abu Dhabi fund Mubadala as head of partnerships for the Infrastructure Americas division.

New Fortress Energy has secured financing for its 630MW Barcarena power plant in Brazil.

Eversource Energy is looking to sell its 50% stake in its offshore wind joint venture with Danish energy giant Ørsted, which includes three projects totaling 1.7GW.

Uranium mining company Cameco Corporation and Brookfield Renewable Energy have closed on the joint acquisition of nuclear services business Westinghouse Electric Company on November 8, 2023.

Brazilian developer Órigo Energia has landed financing for a portfolio of small distributed solar generation assets.

Renewables developer and asset owner Madison Energy Infrastructure (MEI) is set to acquire Pro-Tech Energy Solutions.

Mercedes-Benz HPC has closed a partnership with shopping and entertainment real estate company Simon to build a network of EV charging hubs across Simon-owned properties in the US and Canada.

Global financing group Macquarie has hired a former CohnReznick director as the senior vice president in the Infrastructure Advisory, Americas practice.

Durham, North Carolina-based Strata Clean Energy has closed a $300 million revolving loan and letter of credit facility to develop its 17GW pipeline of solar and storage projects.

Norway’s Equinor has concluded the acquisition of renewables company Rio Energy from investment firm Denham Capital in Brazil.

Nuclear power plant operator Constellation has completed the $1.75 billion acquisition of its 44% ownership stake in NRG Energy’s South Texas Project Electric Generating Station (STP).

The seas have been rough for the offshore wind sector, and projects are repeatedly being hit by rising interest rates, supply chain disruptions, local unrest, and political opposition. Financing issues and heavy losses in the past quarter have unraveled the traditional project process. The key economic burden on these projects is, by far, the power purchase agreement (PPA) gap.

International law practice Milbank has selected Jenna McGrath as a partner for the firm’s Project, Energy and Infrastructure Finance Group in the Washington, D.C. office.

Brazilian power generator Eneva has received financing for one of its Parnaíba gas-fired power plants located in the state of Maranhão.

International energy company Uniper has partnered with First Ammonia on a green ammonia project sited in Port of Victoria, Texas.

Ontario, Canada’s government has established Ontario Infrastructure Bank (OIB) to expand infrastructure investments in the province with a proposed $3 billion in public funding at launch.

Renewable energy infrastructure company Talus Renewables has raised $22 million in its Series A financing for production of its green ammonia technology.

Altius Renewable Royalties Corporation (ARR)'s co-owned subsidiary, Great Bay Renewables, has secured a $274 million senior credit financing. ARR owns Great Bay with funds managed by affiliates of Apollo Global Management.

D.E. Shaw Renewable Investments (DESRI) has begun operations on its 100MW solar energy farm in Imperial County, California.

Chilean sponsor Blue Light Energy is planning a solar-plus-storage project in the region of Los Lagos, Chile.

Canadian power company TransAlta will acquire Heartland Generation and Alberta Power (collectively, Heartland) from an affiliate of Heartland’s parent company, Energy Capital Partners.

TotalEnergies has brought its 380MW/225MWh Myrtle Solar and battery storage systems project online outside of Houston, Texas. Myrtle Solar is the French company's largest-to-date utility-scale solar-plus-storage project in the US.

Energy giant BP has declared impairments of $540 million related to its New York offshore wind projects, Empire Wind 1 and 2 and Beacon Wind. BP owns the projects off the New York and Massachusetts coasts in a 50:50 joint venture with Equinor.

Italy-based energy and telecom cable systems company Prysmian Group has signed a €900 million ($951 million) agreement with Clean Path New York for submarine and land power cable systems.

French bank Crédit Agricole has promoted one of its managing directors to the position of head of project finance for Latin America.

EDP Brasil has agreed to offload a duo of operational transmission projects to Edify Empreendimentos e Participações.

The Bureau of Ocean Energy Management (BOEM) has finalized four Wind Energy Areas (WEAs) with the potential to supply 3GW of energy for another Gulf of Mexico lease sale.

Longroad has financially closed and commenced construction on Sun Streams 4, the company’s third project in the Arizona-based Sun Streams complex.

Despite earlier announcements of large impairments and project cancellations for offshore wind, joint-venture partners Ørsted and Eversource have taken the final investment decision (FID) in their 704MW Revolution Wind, commencing the construction of the utility-scale offshore wind farm.

The world's largest offshore wind developer, Ørsted, has stopped development of its 2.3GW Ocean Wind 1 and 2 offshore wind farms off New Jersey after announcing impairments of over $5.5 billion.

Brazil’s Equatorial Energia is parting ways with its transmission business Integração Transmissora de Energia (Intesa).

ExxonMobil has closed on its acquisition of Denbury, a carbon capture and sequestration (CCS) developer also specializing in oil recovery, as of November 2, 2023.

Point-of-sale finance company Sunlight Financial Holdings has been acquired by a consortium of solar investors, including but not limited to a Greenbacker Capital Management affiliate, Sunstone Credit, IGS Ventures, and its secured lender, Cross River Bank.

US maritime and logistics company Crowley has hired a former GE Offshore Wind executive as vice president of business development for its Wind Services group.

France's Engie has signed an agreement that will see the energy company acquire four wind projects in Peru.

The Bureau of Ocean Energy Management (BOEM) has approved Dominion Energy's 2.6GW Coastal Virginia Offshore Wind (CVOW) project, the largest offshore wind project in the US. Construction will begin in Spring 2024 and is expected to take around 3 years, bringing CVOW online in late 2026.

Spanish developer Opdenergy has inked a long-term power purchase agreement for a solar project in Chile.

X-Energy Reactor Company (X-energy) has reached the joint decision with publicly-traded special purpose acquisition company Ares Acquisition Corporation (Ares) to drop their previously announced acquisition, effective October 31, 2023.

Spanish developer Grenergy has appointed Fabian Videla as chief financial officer for the Americas based in Santiago, Chile.

Canadian Solar is building a 5 GW solar PV cell production facility sited at Jeffersonville, Indiana’s River Ridge Commerce Center.

Blackstone portfolio company Aypa Power has finalized a $350 million financing facility and $200 million tax equity financing for its Borden and Cald Projects, a 150MW/300MWh battery energy storage facility (BESS) in Texas and a 100Mw/400MWh BESS in California, respectively.

French power generator Engie has agreed to acquire all the shares in a portfolio of solar assets totaling close to 550MW in Brazil.

Fortune 500 power firm Entergy is to sell its gas distribution business to private infrastructure equity management company Bernhard Capital Partners.

MISO has selected an Ameren subsidiary to lead the development of a $84 million transmission project during the board's second bidding process for Tranche 1 of its Long-Range Transmission Planning (LRTP).

Peru’s investment promotion agency ProInversión has awarded a duo of transmission projects totaling $800 million in investments.

Distributed generation platform Aspen Power has completed construction on 14 solar projects acquired from Georgia’s Inman Solar.

Canadian Solar’s battery storage unit, e-Storage has been awarded a supply and integration (S&I) contract for 1GWhdc of energy storage solutions with Arizona-based companies DEPCOM Power and Tuscon Electric Power (TEP).

EDP and ArcelorMittal have signed a memorandum of understanding (MoU) that will see the two cooperate on the development of green hydrogen in Brazil.

IDB Invest has proposed a $50 million loan to develop a solar energy project in the Dominican Republic.

Competitive Power Ventures (CPV) has brought online its 1.25GW natural gas fired Three Rivers Energy Center in Grundy, Illinois.

Hull Street Energy will acquire 48MW California natural gas-fired plant EF Oxnard from an affiliate of Atlantic Power & Utilities.

After New York state rejected a request from offshore wind developers to raise prices, Norwegian energy giant Equinor has recorded a $300 million impairment on its US offshore wind projects.

The New Mexico Public Regulation Commission (PRC) has approved Xcel's early closure of its 1.067GW coal-fired Tolk Generating Station in 2028.

Enfinity Global, a renewable energy company, is selling a 40% equity interest minority stake in a 400MW portfolio to Japanese utility Kyushu Electric Power Co.

Chilean developer Sphera Energy is planning to develop a utility-scale solar project in the region of Ñuble, Chile.

Renewables company Ormat will purchase a 150MW portfolio from Enel Green Power North America, a subsidiary of Enel, for $271 million.

French construction company Vinci has won two contracts to carry out engineering, procurement, and construction (EPC) services for transmission projects in Brazil.

John Cockerill Hydrogen, an electrolyzer manufacturer, has purchased a manufacturing space in Texas to create an electrolyzer gigafactory.

Battery storage system manufacturer CMBlu Energy has secured $106.7 million in financing from STRABAG, the Austrian construction and infrastructure technology group.

Duke Energy has closed the sale of its unregulated utility-scale commercial renewables business to energy giant Brookfield Renewable, rebranding the sold company as Deriva Energy.

Renewables company and Iberdrola Group member Avangrid and green energy investment firm Copenhagen Infrastructure Partners (CIP) have closed a $1.2bn first-of-its-kind tax equity package for their jointly owned Vineyard Wind 1 offshore wind project.

Technology provider Vontier Corporation's subsidiary, ANGI Energy Systems, to build a full hydrogen refueling station at the Santa Clarita Transit in California. The station will fuel over two million vehicles per year.

Sid Perkins, founder of ION Energy, and Ike Perkins, former Mercuria Energy portfolio manager, have jointly launched their traditional, renewable, and transitional energy market commodity brokerage, Snapper Creek Energy.

French developer Engie has secured approval to move ahead with its Libelula solar project in Chile.

New York Governor Kathy Hochul has revealed a new renewable investment plan for the state, announcing conditional offtake agreements to three offshore wind projects and 22 onshore projects.

Enel has concluded the sale of a solar subsidiary in Chile to UK-based energy producer Sonnedix.

Goldman Sachs Asset Management has secured $4 billion after final close of its West Street Infrastructure Partners IV fund and related vehicles.

Utility-scale solar and storage developer Palladium Energy has closed on a $10 million corporate equity investment from energy transition and decarbonization private investment firm Ultra Capital.

Sumitomo Corporation of the Americas (SCOA) and its parent company Sumitomo Corporation have entered an agreement with private developer Reconciliation Energy Transition Inc (RETI), giving Sumitomo the exclusive right to acquire significant equity interest in the East Calgary Carbon Transportation & Sequestration Project (CTS Hub).

The energy finance group at First Citizens Bank has closed a $60 million financing for Gore Street Energy Storage Fund, a UK-based fund investing in utility and scaled projects, a 200MW/400MWh battery storage project in Imperial County, California. The project, Big Rock, is Gore Energy's first development in California.

DE Shaw Renewable Investments (DESRI) has begun construction on its 200MW/400MWh San Juan 1 solar and storage project in New Mexico.

French developer Voltalia has started commercial operations of its Canudos 1 and 2 wind farms in Brazil.

Nonprofit consumer advocacy organization Public Citizen has called on the Federal Trade Commission (FTC) to investigate whether Blackstone Infrastructure Partner’s (Blackstone) recently approved acquisition of a 19.9% equity stake in Northern Indiana Public Service Company (NIPSCO) vehicle, NIPSCO Holdings II, is legally sound.

Rise Light & Power and Corio have purchased stakes in TotalEnergies's 3GW Attentive Energy offshore wind farm, paying a total of $420 million.

French renewable developer CVE is expanding the company’s Chilean pipeline with a duo of solar projects.

Green hydrogen development took a giant stride towards bankability as the Department of Energy selected 7 green hydrogen hub winners across 16 states, handing out $7 billion from the Bipartisan Infrastructure Law.

PCC Hydrogen (PCCH2), a negative carbon intensity hydrogen producer, has entered a memorandum of understanding (MOU) with construction materials solutions provider Summit Materials and its subsidiary Continental Cement Company.

The joint venture between renewable natural gas producer OPAL Fuels and South Jersey Industries (SJI), an infrastructure holding company, has begun constructing its Atlantic RNG facility on the Egg Harbor Township, New Jersey, landfill.

Eneva has signed an agreement with steel products manufacturer Vallourec for solar output in Brazil.

New York Governor Kathy Hochul has vetoed an Equinor and BP-endorsed bill to build underground transmission lines from its offshore wind projects into the city of Long Beach. Hochul's rejection of the Planned Offshore Wind Transmission Act strikes another blow to the industry a week after the state government shot down a financial relief bill for offshore wind developers.

Chevron has agreed to acquire all outstanding shares of global independent energy company Hess in an all-stock deal valued at $53 billion or $171 per share based on Chevron’s closing price on October 20 2023.

Vineyard Wind, owned by Avangrid and CIP, has installed the first turbine of its Vineyard 1 project, a landmark milestone for the 800MW project, which will be the first utility-scale offshore wind farm in the US. Once complete, Vineyard Wind will power nearly half a million Massachusetts homes.

Ameresco has begun commercial operations of its renewable natural gas (RNG) facility at the Benson Valley Landfill in Kentucky, which is owned by waste disposal company Republic Services. The plant will produce 2,000scfm of raw landfill gas per year, reducing over 27,000 tons of carbon dioxide emissions annually.

Milestone Environmental Services (MES) subsidiary Milestone Carbon has entered into an agreement with Texas Pacific Land Corporation to lease over 22,000 acres of land and pore space intended for permanent geologic sequestration of CO2 in the Permian Basin.

Spearmint Energy has reached financial close on a $92 million tax equity investment for its 150MW battery energy storage system (BESS), Revolution, from climate-focused investment firm Greenprint Capital Management.

The Department of Energy (DOE) has awarded $3.46 billion for 38 grid-reliability projects, which will modernize and stabilize the grid, especially from extreme weather events.

German developer Soventix is planning a utility-scale project in the metropolitan region of Santiago, Chile.

Central Puerto has acquired a solar project in Argentina, adding 117MW of solar capacity to the company’s renewable portfolio.

DHL Express and sustainable aviation fuel (SAF) provider World Energy have inked a 7-year agreement that will see the international shipping and fulfillment company purchasing up to 668 million liters of commercialized SAF, a product of CO2 made from used cooking oil and agricultural waste products.

Private investment giant Ardian has opened an office in Montréal, its first in Canada and third in North America.

DIF Capital Partners has appointed Lorraine Becker as the company’s new head of ESG.

Brazilian power company Energisa is issuing bonds for up to R$1.837 billion ($364 million) to finance energy infrastructure projects across Brazil.

Concentric Energy Advisors, a management consulting and financial advisory firm for the North American energy and water industries, is making changes to its c-suite.

Oil and gas company Petroquímica Comodoro Rivadavia (PCR) has brought online a trio of wind farms in Argentina.

Invenergy's $7 billion transmission project, the Grain Belt Express, has received approval from the Missouri Public Service Commission (MPSC), the last step in securing state approval for project enhancements.

Opdenergy has secured $252 million in financing for two under-construction solar projects, totaling 260MW, in West Virginia and Louisianna.

Commercial energy developer Green Lantern Solar has hired a director of real estate and director of development as it grows its team.

Australia’s Fortescue has secured rights to develop a wind farm in the Rio Negro province of Argentina.

Energy transition private equity firm Hull Street Energy has made a strategic investment in distributed generation solar development company Greenskies Clean Focus.

French solar developer GreenYellow is partnering with Exata Energia to develop distributed generation assets in Brazil.

Integrated energy and fertilizer company Proman has inked an agreement with Mitsubishi to build a low-carbon ammonia facility in Lake Charles, Louisiana. If completed, the plant would create 1.2 million tons of ammonia annually.

Plus Power has completed a $1.8 billion financing for its standalone battery storage pipeline to help stabilize the grid alongside new wind and solar projects. Using data-driven metrics, the BESS developer is investing the funds into five battery projects near metropolitan areas in the Southwest.

FirstEnergy issued a request for proposal (RFP) to purchase Ohio-compliant renewable energy credits (RECs).

New York State Public Service Commission (PSC) has unanimously rejected a request from a group of offshore wind developers to provide financial relief for four projects on the New York coast and 86 onshore projects. The relief would have come from increasing prices for customers, totaling $12 billion.

Renewable natural gas producer OPAL Fuels has appointed Scott Contino as interim chief financial officer after Ann Anthony resigned from the role.

The Missouri Public Service Commission (MPSC) has issued an order to spur the development of virtual power plants (VPP) in the state.

Clifford Chance has hired corporate M&A partner Cephas Sekhar and counsel Kyle Kreshover to its recently opened Houston office.

The New York Power Authority (NYPA) has created a senior leadership role to develop, own, and operate renewable energy-generating projects in the state.

Argentina’s Ministry of Energy and the Bank of the Argentine Nation (BNA) have finalized a line of credit for the implementation of distributed generation of renewable energy.

Vector Renewables has agreed to take over the management of assets of OBTON’s first photovoltaic solar plants in Chile.

Green Energy Park and the State of Piauí, Brazil, have signed a Letter of Intent for the production and export of an initial one million tons of ammonia from renewable energy sources.

Rhode Island Energy has issued a request for proposal (RFP) for an additional 1.2GW of offshore wind power.

Urban battery storage developer NineDot Energy has inked an energy credit subscription agreement with coffee giant Starbucks.

The Department of Energy has selected seven green hydrogen hub winners across 16 states, handing out $7 billion dollars in funds from the Bipartisan Infrastructure Law. Together, the hubs aim to produce over 3 million metric tons of clean hydrogen annually and generate over $40 billion in private investment in hydrogen.

California Governor Gavin Newsom has approved AB1172 on fusion energy policy as one of the 900 bills that came across his desk this week, all of which require signature or veto by Saturday.

Mexican solar distributed generation developer Energía Real has landed financing from Banco Sabadell.

Enel Americas is looking to sell its Peruvian power generation businesses, Enel Generación Perú, Enel Generación Piura and Compañía Energética Veracruz.

Investment firm Northleaf Capital Partners has acquired a controlling stake in EVPassport, an electric vehicle (EV) charging platform.

Origis Energy has started construction on the first of three projects in Mississippi with a total capacity of 550MW plus 150MW of battery storage.

Skyline Renewables has hired Todd Wynn as chief executive, replacing interim CEO Tim Menzie.

Battery storage developer Spearmint Energy has hired Yelena Kuznetsova as the director of sustainability and ESG.

Perch Energy, a community solar technology platform, has closed a $30 million investment from Nuveen in a series B round.

Renewables developer oEnergy is planning a $60 million project that will see that company add a solar-plus-storage facility to its Chilean portfolio.

Companhia Energética de Minas Gerais (Cemig) has concluded the sale of its shares in a hydroelectric power plant in Brazil.

Braya Renewable Fuels has named former Delek executive, Todd O'Malley, as chief executive.

Bluestar Energy Capital, the renewable energy investment platform founded last year (2022) by the former CEO of Ørsted Onshore, has hired Neil O’Donovan as president and COO.

Evergrow has completed the funding of a clean energy tax credit transfer on its platform as new players emerge in the tax equity space.

Greenbacker Capital Management has hired Rahul Bhalodia as the managing director of the Greenbacker development opportunity (GDEV) strategy. Bhalodia will lead origination, execution, investment management, and capital raising for his group.

France’s Engie and Spain’s Opdenergy are planning to develop wind and solar projects in Chile.

Californian energy producer, Aera Energy, is preparing first large-scale carbon capture and storage project (CCS) – CarbonFrontier.

Energy provider Southern Company has partnered with aluminum business Novelis to decarbonize its operations – including the construction of two onsite 80MW solar farms.

PJM Solar developer Geenex Solar has appointed Emily Williams as chief executive, succeeding Georg Veit, who will become the company's chairman.

Leeward Renewable Energy (LRE) has begun the construction of two projects, GSG Wind and White Wing Ranch Solar, as well as reaching commercial operations for Big Plain Solar.

French renewable company Voltalia has agreed to sell a 420MW solar project in Brazil to Newave Energia for an undisclosed amount.

National Renewable Solutions (NRS) has hired Bill Whitlock to take over as chief executive as Patrick Pelstring begins retirement.

TerraWatt Infrastructure, an EV charging station developer, has purchased two heavy-duty EV charging sites across inland Southern California, an area known as the Inland Empire.

E-fuel producer HIF Global is planning a $830 million large-scale e-fuel project in Chile.

Power producer MSU Energy is issuing green bonds for a 137MW portfolio of solar projects the company is developing in Argentina.

Battery energy storage systems (BESS) M&A activity in the US continues to steadily increase as nationwide transmission upgrades and interconnectivity queues grow – with deals for the relatively new technology now in the billions of dollars.

North Carolina, the Commonwealth of Virginia, Maryland and Delaware have started a workforce to further offshore wind development.

Independent power producer Silicon Ranch and its partners – a community-focused renewable energy company and Sulphur Springs Valley Electric Cooperative (SSVEC) – have brought online the McNeal solar-plus-storage project.

El Paso Electric Company (EPE) has issued a request for proposals (RFP) to obtain 150GWh worth of renewable energy resources for New Mexico customers by 2027.

California Governor Gavin Newsom has signed into law SB605, a unanimously passed bill that allows the California Energy Commission to study the potential for wave and tidal energy development, including overseeing several pilot projects.

EDF Renewables has pulled the plug on the development of a 50MW solar project in Colombia, due to delays in permitting and environmental licenses from local entities.

LG Energy Solution, an EV battery manufacturer, and Toyota North America have signed a long-term battery supply agreement. LG Energy will supply Toyota with 20GWh of NCMA batteries per year for Toyota to power its battery electric vehicles (BEVs).

Private equity firm Grey Rock Investment Partners has made a controlling investment in carbon capture and sequestration company CarbonCycle.

Electric Hydrogen (EH2) has completed a $380 million series C financing to accelerate the company's manufacturing and deployment of its green hydrogen system.

Global infrastructure investment manager Wren House has appointed Anne McEntee as managing director in its New York asset management team.

French utility EDF Renewables is planning a 144MW wind project in the region of Bío Bío in Chile.

Brazil’s Petrobras and mining company Vale are partnering to develop low-carbon solutions including sustainable fuel opportunities.

Industrials company Lafarge Canada and ATCO's subsidiary Canada Utilities have signed a 12.5-year solar virtual power purchase agreement (VPPA) to supply Lafarge's Exshaw cement plant with 79.9GWh — 34% of the plant's power — of renewable energy.

Duke Energy has closed on the sale of its entire distributed generation (DG) portfolio, including the operating assets, development pipeline and O&M portfolio of REC Solar, to Arclight.

Dominion Energy is set to add 772MW of solar generation in Virginia through six Dominion-owned or acquired solar farms and 13 power purchase agreements (PPAs) with independently owned projects.

Renewables developer Advanced Power has sold its Oriana Solar project to Sabanci Renewables, a subsidiary of Sabanci Holdings.

Renewable energy company BayWa r.e., through its subsidiary BayWa r.e. Solar Trade, has opened a solar distribution center in Medellín, Colombia.

Neoenergia has completed the sale a 50% stake in the company’s transmission assets to a fund of Singaporean institutional investor GIC.

BP-owned Archaea Energy has launched a renewable natural gas (RNG) plant in Medora, Indiana, located next to a Rumpke Waste and Recycling landfill. The Medora plant is the first to come online since BP purchased Archaea in 2022.

AES Brasil has started commercial operations of its Tucano wind farm located in the state of Bahia.

Peru’s investment promotion agency ProInversión is planning to award a duo of transmission projects totaling $800 million in investments on October 27, 2023.

SolaREIT, a battery storage and solar real estate investment fund, has hired Nicole Wolf as senior vice president of business development. The hire supports the company's expansion of its battery storage real estate financing projects.

Google is standardizing the power purchase agreement (PPA) contracts it uses for renewables projects following a year-long trial with technology firm LevelTen.

Xcel Energy has continued to make changes at the top, naming a new group president of utilities and chief customer officer.

National Grid Renewables has started operations of Amazon Solar Farm Ohio - Yellowbud, a 274MW solar project located in Ross and Pickaway Counties, Ohio.

Massachusetts, Connecticut, and Rhode Island have entered into an offshore wind partnership to solicit larger wind farms with the goal of curbing prices. The states had previously scheduled individual solicitations for January 2024 but will now run a 6GW offshore wind energy tender together.

Renewable energy provider Cordia has acquired three Pittsburgh, Pennsylvania-sited energy systems from Essential Utilities for $165 million.

World Energy, a sustainable aviation fuel provider, has announced a long-term agreement with Microsoft that will see the tech megabrand purchasing SAF certificates for its corporate flights.

Despite current difficulties in the offshore wind market, TotalEnergies, a French wind energy developer, and Corio Generation, owned by Macquarie, have proposed a 1.34GW project off the coast of New Jersey. The wind developers' joint venture (JV) Attentive Energy also owns the 1.4GW Attentive Energy One project, located off the New York coast.

Brazilian renewables developer Omega Energia has signed a bidding share exchange agreement with EDF Renewables to swap stakes in renewable assets they co-own.

Iberdrola-subsidiary Avangrid has terminated its 20-year power purchase agreements (PPA) with Connecticut utilities, Eversource Energy, and United Illuminating, for its proposed 804MW Park City Wind offshore generation project.

Natural gas and wastewater company Essential Utilities has closed on the sale of its entire West Virginia natural gas utility portfolio to Hope Gas.

The Asian Infrastructure Investment Bank (AIIB) has agreed to finance a wind project in the province of Tierra del Fuego, Argentina.

Greenprint Capital Management and AB CarVal have finalized their joint venture (JV) to grow Greenprint's tax equity pipeline and renewable energy tax credit warehouse using funds managed by AB CarVal.

Calibrant Energy, a joint venture established in 2020 between Siemens and Macquarie, has hired Matt Walz as its first chief executive.

New Fortress Energy (NFE) has placed a 200MW+ power plant into service in San Juan, Puerto Rico, following the 150MW facility that became operational in June (2023).

Colombian power producer Isagen has landed financing to support the development of the company’s Sabanalarga solar project.

Atlas Renewable Energy has brought online its Lar do Sol and Casablanca solar projects, adding 600MW to the Brazilian grid.

Distributed solar and storage developer Cultivate Power has secured a $10 million corporate equity investment from Generate Capital.

New York natural gas supplier EnergyMark has agreed to acquire the assets of its neighbor and competitor Crown Energy Services.

Maritime Electric Company, a Prince Edward Island (PEI), Canada-based utility, has received $19 million from the Canadian government for its sustainable electrification initiative aimed at updating the local grid and critical connection areas.

Global independent power producer (IPP) Ashtrom Renewable Energy has received $270 million in financing from five banks for its 400MW Tierra Bonita Solar Project in Pecos County, Texas.

Energy giant American Electric Power has appointed Charles Zebula as its executive vice president and chief financial officer, effective immediately.

YPF and renewable subsidiary YPF Luz have signed a memorandum of understanding (MoU) with Korean steel producer Posco for green hydrogen developments in Argentina.

Texas-based Vistra Corp is issuing both secured and unsecured senior notes to fund part of the $3 billion cash component of the company’s pending Energy Harbor acquisition.

Power producer MSU Energy has signed a power purchase agreement to supply chemical manufacturer Dow in Argentina.

The Department of Energy (DOE) has provided $38 million in funding for 13 green energy technology projects in American Indian and Alaska Native communities. The DOE funds will help increase energy security, reduce energy costs, and provide electric power investments for Native communities across the US.

Nuclear power provider Xcel Energy has named Chris Church as its new chief nuclear officer.

Peninsula Clean Energy has signed a 15-year agreement with the SunZia Wind farm, Pattern Energy’s largest renewable energy procurement project contract to date.

Neoenergia, the Brazilian energy distributor owned by Iberdrola, has entered a joint venture with renewables company Comerc Energia to develop distributed generation in Brazil.

EDPR North America Distributed Generation (EDPR NA DG) has closed the latest of its series of sale-leaseback transactions with Flagstar Financial & Leasing.

Infrastructure investment manager SUSI Partners has landed financing for a 107MW portfolio of solar assets in Chile.

International law firm Willkie Farr & Gallagher has hired 3 green energy lawyers to join its Los Angeles and New York offices as partners. The three attorneys, Eric Pogue, Samantha Leavitt, and Amanda Rosenberg, previously served as partners at Mayer Brown.

Sunnova Energy International, a low-cost solar and energy provider, has entered into a $3.0 billion partial loan guarantee agreement with the U.S. Department of Energy's (DOE) Loan Programs Office (LPO).

Iberdrola-owned Avangrid has reached a transfer tax credit agreement for over $100 million of 2023 production tax credits (PTCs) with oil and power multinational Vitol, one of the first transferable credit agreements created by the Inflation Reduction Act.

Engie Energía Chile has received the greenlight to proceed with a $645 million wind and storage project in Chile.

AES Corporation has agreed to sell minority stakes in its Dominican and Panamanian businesses, adding a new partner in the company’s shareholders.

Infra-tech firm ABB has signed into a three-year partnership with Canada’s export credit agency Export Development Canada (EDC).

Ørsted has begun operations on its 13th US wind farm, Sunflower Wind, which is a 200MW wind project located in Marion County, Kansas. The Danish energy giant now operates 832MW of wind energy in the Southwest Power Pool.

Energy and infrastructure investment giant NextEra has agreed to sell Florida City Gas (FCG) to oil and gas company Chesapeake Utilities.

Spain’s Uriel Renovables is planning a 100MW asset to be constructed in the region of Valparaíso in Chile.

Cubico Sustainable Investments has acquired a trio of operational renewable projects totaling 121MW in Uruguay.

BP has begun construction on its 187MW Peacock Solar project near Corpus Christi, Texas, which is expected to begin operations by the fall of 2024.

CleanCapital has completed its 8.5MW solar project in Houston, Alaska, which is the largest solar project to become operational in the state. The project was developed and constructed by Renewable IPP (RIPP), while CleanCapital funded and now owns the site.

EDF Renewables North America (EDF) has executed a 20-year power purchase agreement with Texas-based public utility El Paso Electric.

Renewables developer Casa dos Ventos has received financing for a pair of wind farms the company operates in Brazil.

Fervo Energy, a geothermal technology company, has begun construction on its Utah-based Cape Station exploration project. The geothermal energy project is set to deliver 400MW of green electricity beginning in 2026 and reaching full scale in 2028.

Renewable natural gas producer OPAL Fuels and South Jersey Industries (SJI), an infrastructure holding company, have entered a 50/50 joint venture (JV) to develop, own, construct, and operate RNG facilities.

Atlas Renewable Energy has promAtlas Renewable Energy has promoted Luis Pita as chief commercial officer, based out of Miami.

The M&A market for renewables remains muted with speakers at REFF Wall Street 2023 outlining current market dynamics as: owners happy to own, buyers looking for less risk.

ArcLight Capital Partners has appointed Curt Morgan to a senior adviser role. Morgan will work to find new investment opportunities for ArcLight and oversee the firm's portfolio companies.

Sustainable aviation fuel (SAF) is still years away from bankability, according to speakers at REFF Wall Street 2023.

EDP, through its subsidiary EDP Brasil, has signed a sale and purchase agreement to sell a coal-fired power plant in Brazil.

Solar module manufacturer First Solar has begun construction on its multi-gigawatt solar panel manufacturing facility in Louisiana.

Supply chain disruptions continue to impact projects across the spectrum of renewable technologies in the US and a domestic solution is not readily available despite efforts put in place like the Inflation Reduction Act (IRA).

The circa $20 billion annual tax equity stranglehold a small number of banks had on the market is over now that the Inflation Reduction Act (IRA) has introduced transferability, according to one financial advisor at REFF Wall Street 2023.

While the Inflation Reduction Act (IRA) has spurred the green energy industry since its inception in August 2022, the legislation has not come without its own difficulties and may even be causing some developers to hit pause, according to speakers at REFF Wall Street 2023.

Renewable energy developers shined a light on the untapped potential of the Western Electricity Coordinating Council (WECC) market during REFF Wall Street 2023, with one speaker calling it a “forgotten market”.

Nautilus Solar Energy has completed its issuance of $202 million senior secured notes to institutional investors in a private placement transaction.

Sunnova Energy Corporation intends to offer a $400 million green bond to finance or refinance existing and new projects.

Distributed energy company Scale Microgrids has hired Neil Maguire as its chief technology officer.

Energy Head is planning to develop a solar-plus-storage facility in the region of Valparaíso, Chile.

Carbonvert and Castex Energy subsidiary Castex Energy Solutions have struck an operating agreement with the State of Louisiana to develop a permanent carbon dioxide (CO2) storage facility.

The California wave and tidal energy development bill is headed to the Governor's desk after the State Senate passed the bill unanimously. The bill will allow the California Energy Commission to work with state agencies to study the potential for wave and tidal energy development along the state's 840-mile coastline.

Eversource Energy has hired Paul Chodak as executive vice president and chief operating officer, effective November 13, 2023.

Equinor has hired former operations and maintenance executive at Vestas Wind Systems, Samuel Byrne.

Inverter and energy storage supplier Sungrow has signed a contract with investment fund WEG-4 to supply a liquid cooled energy storage system (ESS) solution.

Spanish renewables developer Ecoener has started commercial operations of two solar projects in the Dominican Republic.

The SOO Green HVDC Link transmission project, a unique underground transmission line that will follow the route of existing Canadian Pacific railroads, moved a step further towards construction after it was approved by Iowa regulators.

PowerTap has reached a purchase agreement with Coleman Industrial Gases for a combined CO2/hydrogen product.

Distributed energy company Correlate Energy has appointed Johan Themaat as the vice president of finance.

Hawaiian Electric has appointed Paul Ito as interim CFO to replace the retiring Tayne Sekimura as succession planning was upended in the wake of the August 8 deadly wildfires on Maui.