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Leeward Renewable Energy | November 25, 2021
Leeward Renewable Energy, LLC (Leeward) announced that it has closed construction financing and secured tax equity commitments for its Panorama Wind Farm located in Weld County, Colorado. MUFG Bank, Ltd. served as coordinating lead arranger, bookrunner and administrative agent for the approximately $190 million financing. The financing is comprised of a construction loan, tax equity bridge loan and back leverage term loan commitment. National Australia Bank, Silicon Valley Bank and Helaba Group ...
INDUSTRY UPDATES
Dominion Energy | March 10, 2022
CarbonRight is now available to Dominion Energy customers in Utah and Idaho. CarbonRight is a novel and affordable solution for customers to reduce their carbon impact dramatically. Customers will offset carbon emissions associated with natural gas use in their homes or company by contributing to projects that reduce greenhouse gas emissions, including those in Utah. The program is entirely voluntary and is open to all home users and companies, public buildings, and schools. Custo...
Economic Times | February 21, 2020
The Federal Energy Regulatory Commission on Thursday issued a suite of orders that will require subsidized energy storage and renewable power resource providers to meet a price floor in New York state's capacity market, making it harder for them to compete with fossil fuel plants. The move, which environmental groups said effectively bolsters fossil fuel generators by forcing renewable resource providers to pay a premium in the capacity market, follows a similar FERC order in December that appli...
Nodal Exchange | August 30, 2021
Nodal Exchange and IncubEx announced today the upcoming launch of ten new Renewable Energy Certificate (“REC”) futures and options contracts, adding to the world's largest suite of environmental products. Pending regulatory review, Nodal will list the following first-ever listed futures and options on September 8, 2021: NAR Registered Renewable Energy Certificates from CRS Listed Wind Energy Facilities NAR Registered Renewable E...
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