Tagged Mergers and Acquisitions

Lendlease sells 160-MW Sacramento solar project to D.E. Shaw

By Kelsey Misbrener Lendlease, an international property and infrastructure group, announced that D. E. Shaw Renewable Investments (DESRI) has acquired the 160-MWAC Rancho Seco Solar II project, located in Sacramento County, California. The project, initially developed by Lendlease, has a 30-year PPA in place with the Sacramento Municipal Utility District (SMUD) and will be built…

Windlab flags big write-down on Kennedy wind-solar-battery project

By Michael Mazengarb Windlab flags big write-down of its wind, solar and battery Kennedy energy project, but it won’t derail a potential $68 million acquisition offer. The post Windlab flags big write-down on Kennedy wind-solar-battery project appeared first on RenewEconomy. Read Full Article Here For more great articles: Renew Economy

Nautilus Solar acquires 3.5-MW Superfund community solar project

By Billy Ludt Nautilus Solar Energy, a nationwide owner-operator of distributed and community solar projects, announced the acquisition of a 3.5-MW community solar project in Cranston, Rhode Island from ISM Solar Development, a developer of large commercial and utility-scale solar projects. The acquired solar project resides on a closed landfill that is a former EPA…

Commentary: California resource planning needs to step up to the challenge of decarbonizing the grid

By ENN Contributor San Francisco, California, home to the headquarters of the state’s Public Utilities Commission. Photo by King of Hearts / Wikimedia CommonsEd Smeloff is thesenior director ofgrid integration forVote SolarAcross California, electric utilities and community choice aggregators (CCAs) are required to plan far in advance to acquire the resources they will need to…

Powerhouse solar shingle company RGS Energy files for bankruptcy

By Kelly Pickerel One of America’s original solar companies is now no more. RGS Energy, which started as Real Goods Solar in 1978, has filed Chapter 7 bankruptcy. The veteran solar installer had in the last year shifted its focus to solar shingle installation after acquiring the license to Dow’s Powerhouse shingles in 2017. Dow’s…

Cypress Creek completes 3-MW New York community solar project

By Billy Ludt Generate and Cypress Creek Renewables are pleased to announce that Bogart Solar located in Greene County, New York has reached commercial operation. The 3-MW community solar project is the first of six New York solar projects (18 MW) acquired by Generate from leading solar developer Cypress Creek to reach this milestone. With…

Soltage acquires 40-MW Oregon solar portfolio from NewSun Energy

By Kelly Pickerel Soltage and Basalt managed funds have acquired a 40-MW solar portfolio in Oregon. The first 10-MW solar facility was energized in December and the remaining 30 MW are under construction and planned to be placed in service prior to Summer 2020. The portfolio was acquired from NewSun Energy, a leading Pacific Northwest…

Captona acquires 24-MW New England solar portfolio

By Kelsey Misbrener Captona announced it completed its 2019 renewable investment portfolio totaling 24 MW. Captona’s aggregate investments total close to 100 MW and continues to expand as the firm targets over 300 MW in wind, storage and solar in 2020. The “New England Solar Portfolio IV” (NESP IV) broadens Captona’s current Northeast footprint with…

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