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Current± | January 28, 2019
Octopus Investments has made a multi-million-pound investment in independent Distribution Network Operator (IDNO) Eclipse Power, marking its maiden investment in the networks sector. Octopus, which is already the largest asset holder of UK solar farms and is the parent company of challenger supplier Octopus Energy, said the investment would allow it to expand its operations base and make further investments into the country’s electricity infrastructure. It also spoke of the potential for IDNOs t...
renewableenergyworld.com | January 22, 2018
Audi last week said that it is participating in a pilot project that is testing a smart energy network that uses software to control solar and batteries and interact with the main power grid.Audi is working with the project’s partners to run the pilot project for homes in southern Germany and northern Switzerland....
Blackstone | January 14, 2020
Private equity giant Blackstone is recapitalizing a U.S. solar power company with $850 million in new investment. Altus Power America, based in Connecticut, announced the Blackstone contribution to refinance its existing capital structure and fund future development. Blackstone made the investment through its GSO Capital Partners LP and Blackstone Insurance Solutions (BIS) Groups. “We’re incredibly enthusiastic to be partnering with Blackstone as we position our business for accelerating growth,...
Oil & Gas 360 | January 13, 2020
Ormat Technologies, Inc. (NYSE: ORA) today announced the signing of two similar Power Purchase Agreements (PPA) with Silicon Valley Clean Energy (SVCE) and Monterey Bay Community Power (MBCP). Under the PPAs, SVCE and MBCP will each purchase 7MW (for a total of 14 MW) of power generated by the expected 30MW Casa Diablo-IV (CD4) geothermal project located in Mammoth Lakes, California. The PPAs are for a term of 10 years and have a fixed MWh price, which includes energy, capacity, environmental at...
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