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MasTec to get renewables builder IEA in USD-1.1 bn offer
US facilities home builder MasTec (NYSE: MTZ) has accepted take control of renewables-specialising market gamer Infrastructure as well as Energy Alternatives Inc (NASDAQ: IEA) in a cash-and-stock deal worth USD 1.1 billion (EUR 1.08 bn), including net debt.
Jul 26, 2022 // Markets & Finance News, USA, North America, MasTec, Infrastructure and Energy Alternatives Inc
Matrix Acquires Big Stake in 200-MW Idaho Solar
Matrix Renewables acquires controlling stake in 200 MW/261 MWp Pleasant Valley Solar project in Idaho. Construction to begin in 2023 with a PPA in place with Idaho Power for electricity to Meta Platforms Inc. Adding to their 6,000 GW portfolio, Matrix Renewables contributes to a sustainable energy future.
Aug 3, 2023 // Plants, USA, North America, PV Power Plant, Solar Project, Idaho, Matrix Renewables
Belltown Completes Development & Sale of 750 MW Solar Projects in 2020
Belltown Power Texas, a leading programmer of utility-scale solar projects, has finished the growth and sale of 5 projects adding up to 750 MW throughout the training course of 2020, which brings the total Belltown track record to 930MW.
Feb 9, 2021 // Plants, Large-Scale, Commercial, Markets & Finance News, USA, North America, International, ERCOT, Belltown Power Texas, Adapture Renewables, Lloyd Pope
Here's Why Baron Funds Minimized its Array Technologies (ARRY) Position
Baron Funds, an asset monitoring firm, published its "Baron Small Cap Fund" second quarter 2021 capitalist letter-- a duplicate of which can be downloaded and install here. A return of 6.37% was delivered by the fund's institutional shares for the Q2 of 2021, tracking the S&P 500 Index, which appreciated 8.55% and modestly outmatching the Russell 2000 Growth Index which increased 3.92% for the very same period. You can take a look at the fund's top 5 holdings to have an idea regarding their top bets for 2021.
Sep 2, 2021 // Markets & Finance News, Array Technologies, Baron Funds
Global PV Tracker Market Surges 28% in 2023
Global PV tracker market surges in 2023, with Nextracker Inc and Array Technologies leading the way. US and Spain top markets, while China sees decline.
Jul 30, 2024 // Market Research, USA, North America, Array Technologies, Nextracker Inc
Funds overseen by Fiera Infrastructure and Palisade Infrastructure Group have finalized their acquisition of Amp US
Amp Solar Group Inc, a Canadian clean energy firm also known as Amp Energy, announced on Monday that it has finalized the sale of its U.S. community solar business, Amp US Primary Holdings Inc.
Jun 13, 2023 // Markets & Finance News, Fiera Infrastructure, Palisade Infrastructure Group, Amp Solar Group Inc
Lightsource bp opens funds for 368 MW of solar projects in US
Lightsource bp has protected USD 460 million (EUR 424.7 m) in financing to sustain the building and also procedure of two utility-scale solar farm projects in the United States, the UK-based solar energy specialist stated on Thursday.
Jun 2, 2023 // Markets & Finance News, USA, Lightsource BP, North America, Solar Project
Clearway secures $700m debt for California solar, storage projects
Clearway Energy Group secures $700M financing for 200MW solar park and battery storage in California, benefiting San Diego Gas & Electric and Southern California Edison.
Jul 23, 2024 // Storage, Clearway Energy Group
Solar Surge: Meeting Insatiable US Power Demand
CEO of Nextracker Inc. foresees a solar boom in the US as demand soars from data centers, electric cars, and heating systems. Solar is the cheapest and fastest-growing energy option.
Mar 29, 2024 // Markets & Finance News, USA, North America, Nextracker
GoodLeap Securitizes $467 Million Residential Solar Loan
Leading American Solar loan provider GoodLeap (formerly Loanpal), revealed on May 23 the closure of GoodLeap Sustainable Home Solutions Trust 2022-2 adhering to the securitisation of residential solar loans worth $467 million to around 11,000 homeowners. Originated on the GoodLeap platform, the securitization was underwritten by Credit Suisse and Goldman Sachs.
May 24, 2022 // Residential, America, Asia Pacific, GoodLeap, tanguy serra
RPCS begins 3-MW solar install for Gap distribution center
RP Construction Services has begun the 3-MW solar installation for clothing retailer Gap’s distribution center in Fresno, California. Once complete, the system is expected to help Gap meet approximately 50% of the Fresno facility’s energy needs and reduce the company’s operating expenses, while supporting the company’s goal to reach 100% renewable energy across its global owned and operated facilities by 2030.
Oct 28, 2019 // Plants, Large-Scale, Commercial, USA, SunPower, North America, RP Construction Services, Keith White, GSRP, Nam Nguyen
Japan’s Mitsui sells 679MW of solar and wind in Canada
Japanese trading corporation Mitsui & Co has sold its interest in a 679MW portfolio of operational Canadian wind and solar to Canadian infrastructure management firm Axium.
Oct 30, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, Grids, Japan, Canada, Asia, North America, mitsui, engie canada inc
U.S.A.'s Leeward RE Raises $260 Mn For Chaparral Springs Solar + Storage Project in California
Wells Fargo, MUFG as well as Silicon Valley Bank to supply $260 million in Green Loan building and construction funding; J.P. Morgan Chase to give $143 million tax obligation equity financial investment. Leeward expands footprint in California with 174-megawatt (MW) solar facility as well as 88-MW storage facility.
Jan 12, 2023 // Storage, Wells Fargo, Kern County, MUFG, leeward renewable energy, leeward, jp morgan, California solar plus BESS, Chaparral Springs Solar + BESS Facility, Chris Loehr, Green Loan Principles, Rabbitbrush solar and storage project, silicon valley bank, solar plus storage in USA
Avangrid Sells 600MW Nevada Solar & Storage Projects To Primergy Solar
Avangrid Renewables has sold its 600 MW solar as well as battery projects portfolio to Primergy Solar. Primergy will monitor projects' design, purchase, funding, building and construction, and business procedures.
Jul 26, 2021 // Plants, Commercial, Markets & Finance News, nv energy, primergy solar, Avangrid Renwables, Iberdola SA
RWE Secures 300 MW+ Solar PPAs in Virginia
Germany-based energy giant RWE AG has agreed to eight Power Purchase Agreements with Dominion Energy Inc. for seven projects in Virginia, producing 750,000 MWh to meet the electricity needs of 70,000 homes. RWE Clean Energy will serve as long-term owner-operator and has an 80-MW off-take deal plus DER PPAs in place.
Jul 19, 2023 // Plants, USA, Virginia, Dominion Energy, North America, rwe, PV Power Plant