U.S. and Canada
El Paso Electric, investment fund file merger stipulation in New Mexico
El Paso Electric Co. and the investment fund seeking to acquire it filed an unopposed stipulation with New Mexico regulators proposing benefits that are equal "in their totality" to those proposed in Texas, as the companies look to finalize a deal.
Kan. electric cooperatives complete long-planned merger
Two nonprofit wholesale electric utility cooperatives in Kansas — Sunflower Electric Power Corporation Inc. and Mid-Kansas Electric Co. LLC — have merged in a move that is expected to save the companies about $500,000 on an annual basis.
Island owner looks to acquire Hawaiian Electric's Lanai utility assets
Hawaiian Electric Co. Inc. said it is in preliminary discussions to potentially turn over its Lanai utility assets to that island's owner.
Tucson Electric wraps purchase of 550-MW power block at Ariz. gas plant
Tucson Electric Power Co. completed the acquisition of the 550-MW power block 2 of the Gila River Project from the Salt River Project.
Veolia Energy completes sale of 265-MW gas plant in Massachusetts
Veolia Energy North America Holdings Inc. completed the sale of its entire stake in the 265-MW Kendall Square gas-fired plant in Cambridge, Mass., to investment funds managed by Antin Infrastructure Partners.
BWXT subsidiary acquires global supplier to nuclear power utilities
BWX Technologies Inc. subsidiary BWXT Canada Ltd. acquired Ontario-based company Laker Energy Products Inc., which is a global supplier of nuclear-grade materials and components for nuclear power utilities.
Pinnacle West acquires minority stake in 2 wind projects from Tenaska
Pinnacle West Capital Corp. subsidiary Bright Canyon Energy acquired from Tenaska Energy Inc. a 9.9% interest in the 242-MW Tenaska Clear Creek wind project and a 5.1% stake in Nobles 2 wind project.
EDP Renewables closes sale of tax equity in 2 Illinois wind projects
EDP Renewables North America LLC closed the sale of 100% of the class B nonmanaging membership interests in two Illinois wind projects to BAL Investment & Advisory Inc.
NextEra wraps sale-leaseback deal for 150-MW Ga. solar project
NextEra Energy Resources LLC completed a sale-leaseback transaction for the 150-MW Quitman Solar Center in Georgia.
Silicon Ranch closes sale of 55-MW Ga. solar project
Silicon Ranch Corp. completed the sale of all or a portion of the 55-MW Hazlehurst III solar project to the Joint Development Authority of Jeff Davis County, Hazlehurst and Denton, Ga., known as JDA.
Greenbacker Renewable acquires rights to 110-MW solar portfolio in New York
A wholly owned subsidiary of Greenbacker Renewable Energy Co. LLC signed the rights to an approximately 110-MW portfolio of three solar projects in Greene and Albany counties, N.Y., from Hecate Energy.
Invenergy receives FERC approval to sell controlling stake in 2 Neb. wind farms
Invenergy Renewables LLC received the approval of the Federal Energy Regulatory Commission to sell 90.1% of controlling ownership interests in two wind farms in Nebraska to a subsidiary of Excelsior Renewable Energy Investment Fund I LP.
US Solar Fund closes purchase of 5 solar projects in North Carolina
London-based US Solar Fund PLC closed the acquisition of 100% cash equity interests in five operating utility-scale solar projects in North Carolina, accounting for about 28 MWdc.
ACS subsidiary to sell 3-GW solar portfolio in Spain
ACS SA subsidiary ACS Servicios Comunicaciones y Energía SL reached an initial sale agreement with an undisclosed buyer for its 3-GW solar photovoltaic portfolio in Spain.
CEZ sells Czech coal plant to Sev.en Energy
CEZ Group sold its end-of-life Počerady coal-fired power plant in the Czech Republic to Severní energetická a.s. for 2 billion Czech koruny, effective Jan. 2, 2024.
Taaleri Energia to sell 3 wind farms in Finland
Taaleri Energia Oy agreed to sell its stake in three operational wind farms in Finland with a combined capacity of 73.2 MW to a consortium of Korean institutional investors.
Gresham House fund completes purchase of 49-MW storage project in UK
Gresham House Energy Storage Fund PLC wrapped up its previously announced acquisition of a 49-MW battery storage project at Red Scar Business Park in Lancashire, England, for approximately £32.8 million.
Talanx purchases 50-MWp solar park in Spain from BayWa
German insurance group Talanx AG said Jan. 7 it has acquired a 50-MWp solar park in Spain from BayWa r.e. renewable energy GmbH for an undisclosed amount.