Transmission
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US-based Mammoth Energy subsidiary Cobra Acquisitions is to receive $188.4 million in settlement proceeds from the Puerto Rico Electric Power Authority (PREPA) and the Financial Oversight and Management Board for Puerto Rico (FOMB).
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Energía de Colombia SAS ESP has landed COP$708 billion ($177m) for the refinancing of an operating transmission asset in Colombia.
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AEP subsidiaries Public Services of Oklahoma (PSO) and Southwestern Electric Power Company (SWEPCO) have jointly transferred 100% ownership of the $12 million Dover Substation to the Western Farmer’s Electric Cooperative (WFEC), PFR has learned.
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Peru’s ProInversión has prequalified 3 bidders in an upcoming auction that will see the agency award 5 transmission projects totalling $441 million.
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FirstEnergy has closed on the final $1.2 billion part of its $3.5 billion sale of a 30% ownership interest in FirstEnergy Transmission (FET) to Brookfield Super-Core Infrastructure Partners.
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State governments across the Northeast have signed a memorandum of understanding (MoU) to coordinate interregional transmission planning.
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CDPQ, through its power transmission platform Verene Energia, has agreed to acquire a 124km transmission project from Equatorial Energia.
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Canadian Infrastructure Bank has finalised a C$283.5 million (US$208m) loan to two Alberta transmission companies to construct a new transmission line.
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Santiago-based utility Transelec has acquired a transmission project located in the Antofagasta region of Chile from TotalEnergies.
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The Governor of Rhode Island, Daniel McKee, has signed an energy storage act into law, as the state aims to develop 600MW of utility-scale energy storage by 2033.
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