Transmission
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New England states have jointly-submitted applications to compete in the second round of the Department of Energy (DOE)’s Grid Innovation Program (GIP) which has $1.82 billion to award.
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An Arizona federal judge has rejected a request by Native American tribes and environmental groups to halt the construction of Patter Energy's SunZia project.
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Peru’s ProInversión has prequalified 5 bidders in an upcoming auction that will see the agency award 3 transmission projects.
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Entergy New Orleans is issuing $150 million in first mortgage bonds with the Bank of New York Mellon, PFR has learned.
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Alternus Clean Energy, a utility-scale independent power producer, has entered a joint venture partnership with Acadia Energy to develop 200MW of microgrid projects in New York State.
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Tri-State Generation will replace retiring chief operating officer (COO) Billy Ingold with 2 internal promotions, PFR has learned.
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Chinese multinational State Grid (SGCC) plans to invest R$200 billion ($39.4bn) in the Brazilian electricity sector following its victory in Brazil's largest power transmission auction.
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Renew Energy Partners has completed financing on its fourth investment vehicle, Renew Energy Efficiency Projects 4 (EEP4), and signed a master revolving loan and security agreement with Mitsubishi.
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Brazil’s National Electric Energy Agency (Aneel) has awarded projects in the first transmission auction of the year.
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Natixis Corporate & Investment Banking has closed a $900 million letter of credit with Invenergy to fund its project development pipeline of utility-scale wind and solar projects, as well as battery storage systems.
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FirstEnergy has closed its $3.5 billion sale of an additional 30% ownership interest in its FirstEnergy Transmission subsidiary to Brookfield Super-Core Infrastructure Partners.
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The European Investment Bank (EIB) has signed a $125 million loan to support transmission development in Ecuador.
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Equatorial Energia has completed the sale of its transmission business Integração Transmissora de Energia (Intesa) in Brazil.
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The Department of Energy (DOE) has awarded $475 million in funding for 5 projects that feature renewable development on former mining lands. The projects are located across Arizona, Kentucky, Nevada, Pennsylvania, and West Virginia.
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Schneider Electric plans to invest $140 million into 2 Tennessee-based power distribution technologies manufacturing plants.
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Ørsted's 132MW South Fork Wind is the first utility-scale offshore wind project to become fully operational in the US. The achievement comes after nearly a decade of industry struggles since the first large-scale transmission farm, Cape Wind, failed in 2015.
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The Department of Energy's (DOE) Loan Programs Office (LPO) has signed a conditional loan of $72.8 million with the Tribal lands of the Viejas Band of the Kumeyaay Indians to develop a solar-plus-storage energy microgrid in Alpine, California.
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Delays on the development and licensing of transmission projects across Latin America is driving away investor interest, panelists at IJLatam 2024 in Miami said.
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EQT Corporation will acquire natural gas provider Equitrans Midstream Corporation in an all-stock transaction valued at $5.45 billion.
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Spanish utility Iberdrola has submitted a non-binding offer to buy the remaining 18.4% of its US subsidiary Avangrid for $2.5 billion, aimed at taking over the entire company.
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Peruvian investment promotion agency ProInversión has called a tender for 3 transmission projects valued at a total of $100.8 million.
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Mammoth Energy Services has received $50.6 million from the Puerto Rico Electric Power Authority (PREPA) clearing the company's debt to the SPCP Group.
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The largest clean energy infrastructure project in US history was closed just before we started the new year. Pattern Energy inked $11 billion in financing for its 500+ mile transmission line connecting more than 3.5GW of stranded wind resources – SunZia.
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The New York State Energy Research and Development Authority (NYSERDA) has issued conditional agreements for 2 offshore wind projects in its fourth offshore wind solicitation: 810MW Equinor-owned Empire Wind 1 and Ørsted & Eversource-developed 924MW Sunrise Wind.
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DE Shaw Renewable Investments (DESRI) will sell multiple transmission assets associated with its Arroyo Solar Project to the Public Service Company of New Mexico (PNM), PFR has learned.
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Tri-State Generation and Transmission Association has received a key state-level regulatory approval from the Colorado Public Utilities Commission (CPUC) on the $75 million sale of its transmission facilities, contracts, and assets to United Power, PFR has learned.
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The Department of Energy (DOE) has conditionally awarded $366 million to 17 projects that aim to improve the transmission and electrical distribution of power in rural and remote areas across the US.
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PJM Interconnection has appointed Eversource Energy's senior vice president of engineering as its executive VP of operations.
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Actis has today (21 February) launched a Brazilian transmission platform with the acquisition of an operational transmission asset.
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Brazil’s National Electric Energy Agency (Aneel) is preparing its second transmission auction to be held this year (2024).
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