Tagged Finance

Energy Impact Partners invests $20 million in Palmetto Clean Technology

By Billy Ludt Energy Impact Partners (EIP), an utility-backed energy investment firm, announced that it has provided up to $20 million in financing facilities to Palmetto Clean Technology, a solar and platform technology and fulfillment company focused on the distribution and democratization of clean energy products. “We are continually focused on reinventing the clean technology…

Amid federal spat, U.S. wind farm to seek financing #MA

By National Wind Watch The offshore wind-power project that became the subject of a Twitter war between federal energy regulators is moving forward with a debt financing for an estimated $2.15 billion phase, despite being shut out of part of a power auction, according to people familiar with the situation. Vineyard Wind, a joint venture…

Cleantech Venture Capital Is Back

By [email protected] After a multiyear downturn, cleantech venture capital investments are back on the upswing. According to year-end numbers from Bloomberg New Energy Finance, venture and private equity investments into the sector grew 127 percent over the previous year in 2018, amounting to $9.2 billion. That is the highest total since 2010. Years after venture…

How Utilities Can Swap Coal Debt For Clean Energy Equity

By Energy Innovation By Ron Lehr, former Chairman of the Colorado Public Utilities Commission and a consultant to Energy Innovation’s power sector transformation team.Relative economics between coal and renewables have irreversibly shifted toward clean energy, leading a wave of states including Colorado, Missouri, and New Mexico to consider how they can quickly move beyond coal…

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