EDP strategy includes possible sale of stakes in US renewable assets
EDP - Energias de Portugal SA plans to use asset sales to help fund an accelerated expansion into wind and solar, and in an investor presentation, said those plans include the sale of majority stakes in about 7,000 MW of projects around the world.
San Francisco explores takeover of local PG&E utility power lines
San Francisco is exploring the possibility of purchasing the Pacific Gas and Electric Co. electric distribution lines that serve the city and county where the embattled utility is based, Mayor London Breed and City Attorney Dennis Herrera said in a letter to top executives at parent company PG&E Corp.
2 deals position NextEra Energy Partners to double its renewables portfolio
NextEra Energy Partners LP is on track to nearly double its portfolio of renewable energy assets, adding almost 2,000 MW from two transactions. In early March, the company agreed to acquire 611 MW of wind and solar from corporate affiliate NextEra Energy Resources LLC.
Aquila snaps up subsidy-free project pipeline in red-hot Spanish solar market
Aquila Capital Investmentgesellschaft Mbh snapped up the rights to a portfolio of more than 400 MW of onshore wind and about 300 MW of solar projects in Spain, expanding its presence in a market that is expected to see major growth in subsidy-free renewable energy development in the coming years.
ENGIE closes €2.6B sale of interest in Thai power producer
ENGIE SA completed the €2.6 billion sale of its 69.1% interest in Thai independent energy producer Glow Energy Public Co. Ltd. to Global Power Synergy Public Co. Ltd., a subsidiary of PTT PCL, after securing approval from Thailand's Energy Regulatory Commission.
Enel completes acquisition of 650-MW renewable portfolio from joint venture
Enel SpA completed the acquisition of seven renewable projects from its U.S. joint venture, EGPNA Renewable Energy Partners LLC, for approximately $256 million.
Clearway Energy seeks 'blanket authorization' for asset drop-downs
Clearway Energy Inc. is requesting a "blanket authorization" from the Federal Energy Regulatory Commission that would allow for the transfer of interests in generation assets from Clearway Energy Group LLC or GIP III Zephyr Acquisition.
PacifiCorp seeks federal approval to buy 200-MW Wyo. wind farm from NextEra
PacifiCorp filed an application with the Federal Energy Regulatory Commission seeking approval to acquire the roughly 200-MW Cedar Springs II wind facility and related interconnection facilities from NextEra Energy Resources LLC under a build-transfer agreement.
Copenhagen Infrastructure invests in Texas wind asset
Copenhagen Infrastructure Partners K/S is investing $80 million of equity in a 162.2-MW merchant wind project in the Electric Reliability Council Of Texas market.
Integrated Ventures to acquire 80-MW gas-fired plant
Integrated Ventures Inc. signed a letter of intent to acquire a fully permitted and currently-idled 80-MW natural gas-fired combined heat and power plant in Pennsylvania.
PSEG acquires pair of BayWa r.e. solar projects
PSEG Power LLC subsidiary PSEG Solar Source LLC acquired two North Carolina solar projects from BayWa r.e. Solar Projects LLC, a unit of Germany-based BayWa AG, in an approximately $65 million deal.
Navisun acquires 14.3-MW community solar portfolio in Massachusetts
Independent power producer Navisun LLC acquired a 14.3-MW community solar project portfolio from Clean Energy Collective LLC. Financial terms of the deal were not disclosed.
Falck Renewables closes €36.9M purchase of French wind portfolio
Falck Energies Renouvelables SAS completed the acquisition of five operational wind farms in France. The company paid about €36.9 million to acquire the wind portfolio from Glennmont Clean Energy Cooperatief UA.
Boralex plans to exit consortium bidding for French offshore wind farm
Boralex Inc. plans to exit a consortium that submitted a bid to the French state in the Dunkirk Offshore wind farm tender, saying it no longer satisfies its investment criteria amid changes in the tender's competitive conditions and risk profile.
ENGIE acquires controlling stake in Swiss energy management startup
ENGIE has acquired a controlling majority interest in Swiss startup tiko. Founded in 2012, tiko is a joint venture between Swiss telecom operator Swisscom AG and Swiss utility Repower AG.
3i Infrastructure to buy Dutch energy equipment company Joulz for €220M
3i Infrastructure PLC agreed to purchase Dutch energy infrastructure equipment and services provider Joulz BV.
Vattenfall acquires Dutch energy software services startup
Swedish electric utility Vattenfall AB has acquired Dutch energy software services startup company Senfal for an undisclosed sum.