Tagged Mergers and Acquisitions

DOE acquires new high-performance computing system for R&D

By Michelle Froese The U.S. Department of Energy (DOE) National Renewable Energy Laboratory (NREL) announced that it has selected its next high-performance computing (HPC) system, which will be used to advance early-stage R&D on energy technologies spanning multiple DOE Office of Energy Efficiency and Renewable Energy (EERE) programs. The new computing system, named Eagle, will…

Pattern Energy & PSP acquire Québec’s Mont Sainte-Marguerite wind farm

By Michelle Froese Pattern Energy Group Inc. (Pattern Energy) and the Public Sector Pension Investment Board (PSP Investments) announced the acquisition of the 147-MW Mont Sainte-Marguerite Wind power facility from Pattern Energy Group LP. Mont Sainte-Marguerite Wind is located approximately 50 kilometers south of Québec City, in the Chaudière-Appalaches region. The 147-MW Mont Sainte-Marguerite Wind…

Seventus acquires Montana’s Jawbone Wind projects

By Michelle Froese Through its innovative structured capital products, Seventus says it is committed to supporting domestic renewable energy development in the U.S. Seventus LLC has acquired a major wind development in Montana from Gaelectric LLC. The 235-MW Jawbone Wind Projects is located in Wheatland County, Montana on roughly 31,000 acres. Seventus is a new…

Urban Grid sells two solar projects in Virginia to Dominion Energy

By Kelsey Misbrener Urban Grid, a leading solar developer throughout the United States, is pleased to announce its sale of two solar projects, totaling 240 MWac, in Surry County, Virginia, to Dominion Energy. The projects, Colonial Trail West Solar (142 MWac) and Spring Grove Solar I (98 MWac), will cover approximately 2,950 acres and generate…

Geoquip Completes Vineyard Wind Survey

By OffshoreWind Geotechnical data acquisition company Geoquip Marine Group has completed a geotechnical campaign for Vineyard Wind LLC offshore Massachusetts, USA. [[ This is a content summary only. Visit my website for full links, other content, and more! ]] Read Full Article Here For more great articles: Offshore Wind » News by topic

Enphase completes acquisition of SunPower’s microinverter business

By Kelsey Misbrener Enphase Energy and SunPower announced that Enphase has completed the previously announced acquisition of SunPower’s microinverter business for a total of $25 million in cash and 7.5 million shares of Enphase common stock. Key anticipated benefits and highlights of the acquisition include: Advances AC Modules (ACM) as the future of residential solar…

Ørsted to acquire Lincoln Clean Energy from I Squared Capital

By Michelle Froese Offshore wind developer, Ørsted, has entered into an agreement with I Squared Capital and management shareholders to acquire a 100% equity interest in Lincoln Clean Energy LLC (LCE) for an enterprise valuation of $580 million. LCE is a U.S.-based developer, owner, and operator of wind farms. Although Ørsted will hold 100% equity…

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