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Duke submits bid for SC utility; FERC clears GE sale of stake in Pa. coal plant


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Duke submits bid for SC utility; FERC clears GE sale of stake in Pa. coal plant

Duke Energy submits bid for SC utility Santee Cooper

Duke Energy Corp. confirmed Jan. 15 that it submitted an offer to acquire South Carolina state-owned utility Santee Cooper as lawmakers evaluate strategic options for the company.

Oregon utility regulators suspend proceedings in Hydro One/Avista merger case

The Oregon Public Utility Commission suspended its proceedings in the pending merger case of Hydro One Ltd. and Avista Corp. indefinitely, given the rejection of the $5.3 billion transaction by state regulators in Washington and Idaho.

PSEG sells sites of retired coal plants to Hilco Redevelopment Partners

Public Service Enterprise Group Inc. subsidiary PSEG Power LLC announced the sale of the sites of its retired Hudson 2 and Mercer generating stations in New Jersey to Hilco Redevelopment Partners LLC.

FERC approves GE sale of interest in 1,884-MW coal plant in Pennsylvania

A subsidiary of General Electric Co. received the Federal Energy Regulatory Commission's approval to divest its 10.65% ownership interest in Homer City Generation LP to funds managed by Knighthead Capital Management LLC.

Pattern Energy closes sale of minority interest in 270-MW Ontario wind farm

Pattern Energy Group Inc. closed the sale of its 33.33% share in the K2 wind project in Ontario for C$216 million, or US$160 million.

Invenergy closes sale of up to 11.4% passive stake to Canadian pension fund

Invenergy Wind Holdings LLC on Jan. 9 wrapped up its divestiture of a roughly 11.4% passive, noncontrolling ownership stake in Invenergy Renewables LLC to CDPQ Renewable Holdings Inc., a subsidiary of Caisse de dépôt et placement du Québec.

Ørsted stops downstream divestment after Danish state withdraws support

Ørsted A/S is pressing pause on the sale of its power distribution and residential customer business in Denmark after the government, which holds a majority stake in the company, withdrew its support for the divestment.

InfraRed Capital Partners to acquire 1.5-GW solar portfolio in Spain

Infrared Capital Partners Ltd. agreed to acquire a 1.5-GW solar photovoltaic portfolio in southern Spain from Progressum Energy Developments SL.

Engie acquires Suez's nuclear maintenance business

ENGIE SA subsidiary ENDEL SAS acquired SUEZ SA's nuclear maintenance activity business, ENDEL SRASRA SAVAC SA, for undisclosed terms. The newly acquired business will change its name to ENDEL SRA.

NTR acquires 200-MW wind portfolio in Sweden and Finland

NTR PLC has acquired a 200-MW onshore wind portfolio in Sweden and Finland through its infrastructure fund NTR Renewable Energy Income Fund II from a consortium of nine Swedish industrial companies.

MEAG acquires 175-MW solar farm in Spain

MEAG MUNICH ERGO Asset Management GmbH acquired the 175-MW Don Rodrigo solar park in southern Spain from Germany-based BayWa AG for undisclosed terms.

Greenbacker Renewable buys 60-MW solar project in Nevada

Greenbacker Renewable Energy Co. LLC has completed the acquisition of the under-development 60.65-MW Turquoise Solar.

ERG Power Generation purchasing 78.5% stake in 2 solar projects in Italy

ERG Power Generation SpA signed an agreement to acquire a 78.5% stake in an entity that owns two solar photovoltaic projects in Italy with a combined capacity of 51.4 MW for approximately €221 million.

Sonnedix acquires 53 MW of solar projects in Italy

Independent solar power producer Sonnedix Italia Srl acquired 28 solar photovoltaic facilities with a combined capacity of 53 MW from Italian energy company Graziella Green Power SpA.

SJW, Connecticut Water withdraw Conn. merger application, reassess options

SJW Group and Connecticut Water Service Inc. have withdrawn their current merger application at the Connecticut Public Utilities Regulatory Authority.

Alternus Energy acquires 3 solar facilities in Italy

Alternus Energy Inc., formerly known as Power Clouds Inc., said it acquired three solar power plants totaling 2.24 MW in Italy from Liquid Sun Srl for €3.65 million.