Tagged Mergers and Acquisitions

Energy Impact Partners acquires 102-MW New York community solar portfolio

By Billy Ludt Sustainable energy investment firm Energy Impact Partners (EIP) and NextPower III, an international fund managed by NextEnergy Capital Group (NEC), closed on an agreement for the acquisition of a 102-MW portfolio of community solar projects in upstate New York. This portfolio will be developed under the management of EIP’s Infrastructure Group and…

Wisconsin Has 150MW of Solar. Alliant Just Bought 675MW More

By [email protected] Wisconsin utility Alliant Energy will spend $900 million buying 675 megawatts of utility-scale solar projects as it moves to replace uneconomic coal-fired plants with renewables. Alliant, which serves about 1 million customers in the Midwestern states of Wisconsin and Iowa, currently relies on renewables for about 20 percent of its generation capacity, largely…

Alliant Energy acquiring 675 MW of Wisconsin solar projects

By Billy Ludt Alliant Energy plans to acquire and advance 675 MW of solar in mostly rural areas in six Wisconsin counties: Grant, Jefferson, Richland, Rock, Sheboygan and Wood. The projects are the next step in the company’s Clean Energy Blueprint, a roadmap to cost-effectively accelerate renewable energy while reducing carbon emissions. Once operational, the…

Southern Power acquires 56-MW West Virginia wind farm from Invenergy

By WPED Staff Southern Power, a wholesale energy provider and a subsidiary of Southern Company, acquired the 56-MW Beech Ridge II Wind Facility from Invenergy, a developer, owner and operator of sustainable energy solutions. “We are pleased to announce the acquisition of our 13th wind project,” said Southern Power CEO Mark Lantrip. “This project marks…

Quinbrook subsidiary will manage 690-MW Gemini Solar + Battery Storage Project

By Billy Ludt Quinbrook Infrastructure Partners has launched a new portfolio company, Primergy Solar. Primergy plans to acquire, develop and operate distributed and utility-scale solar PV and battery storage projects across North America. “The industry is recognizing the increasingly important role that solar-plus-battery storage solutions will play in accelerating the energy transition,” said David Scaysbrook,…

SunPower’s O&M business to become NovaSource in acquisition

By Kelsey Misbrener Clairvest Group announced that it acquired the solar operations and maintenance business of SunPower Corporation. Upon closing, the business will be renamed NovaSource Power Services. The transaction is part of Clairvest’s multi-year pursuit to create a market leading solar O&M platform through a ‘buy and build’ strategy. Clairvest is supporting the current…

Excelsior Energy Capital acquires five Minnesota solar projects from Nokomis Energy

By Kelsey Misbrener Excelsior Energy Capital announced the acquisition of five ground-mount solar projects from development partner, Nokomis Energy. The Kingfield Portfolio, located across Southern Minnesota, totals 6.3 MWDC and brings Excelsior’s total portfolio of ground-mount solar projects in Minnesota to 21.6 MWDC, all as part of a broader partnership with Nokomis Energy. Excelsior will…

Pacific Energy refreshes board and sharpens renewables focus

By Press Release Following the acquisition of Pacific Energy Limited (ASX: PEA) by alternatives asset manager QIC in November 2019, several changes have been made to the Board to reflect the Company’s new ownership and strategy. The post Pacific Energy refreshes board and sharpens renewables focus appeared first on RenewEconomy. Read Full Article Here For…

Belltown Power Texas 330-MWdc solar portfolio soon under construction

By Billy Ludt Belltown Power Texas, a renewable energy developer, acquired a portfolio of shovel-ready solar PV projects totaling 330 MWdc that are expected to start construction immediately across all three sites with commercial operations expected between December 2020 and March 2021. “This represents a key milestone for the Belltown portfolio, having developed these projects…

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