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BLACKSTONE $850M COMMITMENT REPOSITIONS CONNECTICUT SOLAR POWER FIRM FOR GROWTH

Blackstone | January 14, 2020

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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,...

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ORMAT SIGNS 10-YEAR PPAS WITH SILICON VALLEY CLEAN ENERGY AND MONTEREY BAY COMMUNITY POWER FOR ITS CD4 GEOTHERMAL POWER PLANT IN CALIFORNIA

Oil & Gas 360 | January 13, 2020

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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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US SOLAR FUND COMPLETES ACQUISITION OF 11 MW OF SOLAR IN N CAROLINA

Renewables Now | January 13, 2020

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London-listed investment company US Solar Fund Plc (LON:USF) on Monday said it has closed the purchase from Greenbacker Renewable Energy Company LLC of three operational solar power facilities in North Carolina with a combined direct current (DC) capacity of 11 MW. Earlier this month, the company announced it had closed the acquisition of cash equity interests in five operational utility-scale solar farms in North Carolina with a total capacity of 28 MW, also part of the deal. The agreement for ...

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EUROPEAN EV PLATFORM EVERON ROLLS INTO US IN PARTNERSHIP WITH ARCADIA

Greentech Media | January 13, 2020

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Arcadia, a clean-energy access startup, is helping European electric-vehicle charging platform Everon make its first foray into the United States with a new partnership announced Friday. “In general, EV charging is hard for customers, especially when it comes to thinking about where to charge, how to pay for it and how to make sure you’re accessing as much clean energy as possible,” Arcadia CEO Kiran Bhatraju told GTM. “Using our platform and Everon’s tools to connect EV owners, their home charg...

Read More
news image

BLACKSTONE $850M COMMITMENT REPOSITIONS CONNECTICUT SOLAR POWER FIRM FOR GROWTH

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,...

Read More
news image

ORMAT SIGNS 10-YEAR PPAS WITH SILICON VALLEY CLEAN ENERGY AND MONTEREY BAY COMMUNITY POWER FOR ITS CD4 GEOTHERMAL POWER PLANT IN CALIFORNIA

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...

Read More
news image

US SOLAR FUND COMPLETES ACQUISITION OF 11 MW OF SOLAR IN N CAROLINA

Renewables Now | January 13, 2020

London-listed investment company US Solar Fund Plc (LON:USF) on Monday said it has closed the purchase from Greenbacker Renewable Energy Company LLC of three operational solar power facilities in North Carolina with a combined direct current (DC) capacity of 11 MW. Earlier this month, the company announced it had closed the acquisition of cash equity interests in five operational utility-scale solar farms in North Carolina with a total capacity of 28 MW, also part of the deal. The agreement for ...

Read More
news image

EUROPEAN EV PLATFORM EVERON ROLLS INTO US IN PARTNERSHIP WITH ARCADIA

Greentech Media | January 13, 2020

Arcadia, a clean-energy access startup, is helping European electric-vehicle charging platform Everon make its first foray into the United States with a new partnership announced Friday. “In general, EV charging is hard for customers, especially when it comes to thinking about where to charge, how to pay for it and how to make sure you’re accessing as much clean energy as possible,” Arcadia CEO Kiran Bhatraju told GTM. “Using our platform and Everon’s tools to connect EV owners, their home charg...

Read More