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JEA halts utility sale efforts; Eni buys into US solar portfolio

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JEA halts utility sale efforts; Eni buys into US solar portfolio

U.S. and Canada

JEA halts effort to sell utility

The board of directors of Jacksonville, Fla., utility JEA on Dec. 24 abandoned efforts to sell the municipal electric and water utility, a day after Jacksonville Mayor Lenny Curry called for an emergency meeting.

Eni buys into US solar portfolio, forms JV to develop 1 GW of renewables

Italian oil major Eni SpA is buying a minority stake in a U.S. solar photovoltaics portfolio from developer Falck Renewables SpA, and the two companies are forming a joint venture to develop 1,000 MW of new renewables capacity in the country by 2023, they announced Dec. 20.

FERC conditionally approves Tucson Electric acquisition of gas-fired unit

The Federal Energy Regulatory Commission conditionally allowed Tucson Electric Power Co. to acquire the 550-MW power block 2 of the Gila River Project from the Salt River Project.

Canadian Utilities, Quanta Services complete sale of 500-kV line in Alberta

Canadian Utilities Ltd. and Quanta Services Inc. wrapped the sale of Alberta PowerLine LP to seven indigenous communities and a consortium of investors.

El Paso Electric, potential buyers file merger stipulation in Texas

El Paso Electric Co. and several parties on Dec. 18 filed a stipulation with Texas regulators in the utility's proposed acquisition by an investment fund.

Tri Global sells 800-MW wind project in Illinois to Copenhagen Infrastructure

Renewable project developer Tri Global Energy LLC sold the 800-MW Woodford wind energy project in Illinois to Copenhagen Infrastructure Partners K/S for undisclosed terms.

IKEA closes purchase of stake in 3 Utah solar projects

An affiliate of IKEA Holding US, Inc. completed its acquisition of a 49% stake in the upstream owner of three utility-scale solar energy projects in Rich County, Utah.

Europe

Kallista Energy to purchase 32-MW Dutch wind farm

Kallista Energy agreed to acquire a 32-MW wind project in Oostflakkee, Rotterdam, Netherlands.

EDP to sell €2.21B hydro portfolio in Portugal, writes down Iberian coal fleet

EDP - Energias de Portugal SA is reshaping its electric generation portfolio on the Iberian Peninsula, reaching a deal to sell a 1,689-MW portfolio of hydroelectric power plants in Portugal and writing down 2,400 MW of coal-fired power plants to reflect what an executive described as a "significant deterioration" in the economics of coal.

Greencoat to acquire 2 wind farms in Scotland from Statkraft in £104M deal

Greencoat UK Wind PLC agreed to acquire the planned 43.2-MW Windy Rig and 37.8-MW Twentyshilling wind farms in Scotland from Statkraft UK Ltd. for £104 million.

Talanx acquires 180-MW solar park in Spain from ib vogt

German insurance group Talanx AG acquired the 180-MW Bienvenida solar park in Spain from developer ib vogt GmbH for an undisclosed amount.

ABO Wind sells 50-MW wind project in Spain

ABO Wind AG sold the 50-MW Andella wind energy project in the Castilla y León region of Spain to KERENINVESTMENT SAU, a Madrid-based sister company of Turkish energy company Kinesis Enerji.

Report: Endesa acquires 1,037 MW solar portfolio from Prodiel

Spain's Endesa SA purchased a portfolio of planned solar projects with a combined capacity of 1,037 MW from Prodiel Proyectos de Instalaciones Eléctricas SL for €36 million, Renewables Now reported Dec. 24.

Ellomay to sell 12 Italian solar plants for €41M

Ellomay Capital Ltd. agreed to sell 10 indirect Italian subsidiaries to an unnamed buyer.

Aquila Capital acquires Øyfjellet Wind from Eolus

Aquila Capital Investmentgesellschaft Mbh completed its acquisition of Øyfjellet Wind AS from Eolus Vind AB.

Fortum sells Finnish district heating business, 80% stake in Nordic wind farms

Fortum Oyj is separately selling a district heating business in Finland and a majority stake in its portfolio of wind power plants across the Nordics for a total of about €780 million on a debt and cash-free basis.

RWE buys 382-MW UK gas power plant from Centrica

RWE AG is acquiring a 382-MW gas-fired power plant in the U.K. from Centrica PLC for £105 million, the companies announced Dec. 23.