Americas

Americas

NRG Closes on Sale of its Interest in NRG Yield and the NRG Renewables Platform

September 1, 2018 Anand Gupta

PRINCETON, N.J.: NRG Energy, Inc. (NYSE:NRG) has closed on the previously announced sale of its interest in NRG Yield and its Renewables platform (the “Transaction”) to Global Infrastructure Partners (“GIP”). The Transaction resulted in $1.348 billion in cash proceeds to NRG1 and removes $6.7 billion of debt from NRG’s balance sheet2. “The asset sales are a critical part of […]

Americas

NRG Yield Announces Completion of New Sponsorship with Global Infrastructure Partners

September 1, 2018 Anand Gupta

Global Infrastructure Partners (GIP) Has Become NRG Yield’s Controlling Stockholder GIP Also Acquired NRG’s Renewables Platform In Connection with the Transaction, NRG Yield will Change its Name to Clearway Energy, Inc. and has Appointed Several New Directors and Officers The Company and GIP will Hold a Conference Call and Webcast at 8 a.m. Eastern Standard […]

Americas

A Philadelphia refiner has a $120 million plan to create a machine that turns food scraps into natural gas

August 31, 2018 Anand Gupta

In Philadelphia, two companies have unveiled a $120 million plan to create an anaerobic digester. The machine turns municipal food scraps into natural gas, which would be marketed to buses, trucks, and fleet vehicles. RNG Energy Solutions president James Potter said the digester could produce about 24,000 gallons of gas each day. The development phase […]

Americas

Silfab Solar Invests in Itek Energy to Expand U.S. Manufacturing

August 31, 2018 Anand Gupta

TORONTO: Silfab Solar, North America’s leading PV module manufacturer, today announced a direct investment into Itek Energy, LLC to initiate its United States operations and to meet growing demand for its high-performance, high-quality solar panels. The investment brings together two of North America’s best-known entities in the solar photovoltaic (PV) module manufacturing market, and provides […]

Americas

Xcel to Replace 2 Colorado Coal Units With Renewables and Storage

August 30, 2018 Anand Gupta

The Public Service Company of Colorado will retire 660 megawatts of coal, and replace it with more than 1,800 megawatts of wind and solar. Xcel Energy CEO Ben Fowke observed earlier this year that time is running out for coal-fired power plants in the U.S. “I will tell you, it’s not a matter of if […]

Americas

On to Governor Brown’s Desk: What 100% Clean Energy Means for California

August 30, 2018 Anand Gupta

The big goal is set, but the path to get there is still unknown. California’s 100 percent carbon-free electricity bill is nearly passed the finish line. The state legislature formally approved the decarbonization legislation Wednesday, which comes as the Trump Administration attempts to revive coal power. After Tuesday’s more suspenseful Assembly vote, the Senate affirmed […]

Americas

Nautilus Solar Announces The Acquisition Of A 13.5MW Massachusetts & New York Community Solar Portfolio

August 30, 2018 Anand Gupta

Acquisition Confirms Nautilus’s Commitment to Residential Community Solar SUMMIT, N.J.: Nautilus Solar Energy, LLC (“Nautilus”), a leading national solar project development, acquisition and asset management company, today announced the acquisition of a ~13.5 MWdc community solar portfolio from Clean Energy Collective (CEC), the nation’s leading developer of community solar solutions. This community solar portfolio is […]

Americas

kWh Analytics Closes Solar Revenue Put for 50 MW of Solar Farms Owned by GCL New Energy

August 30, 2018 Anand Gupta

SAN FRANCISCO: kWh Analytics, the market leader in solar risk management, today announced that it structured a Solar Revenue Put with GCL New Energy, Inc., a top five global solar developer1, and PNC Bank, N.A., an industry-leading investor in U.S. solar projects since 2007. The 4 projects, totaling 50 MW DC of capacity and located […]

Americas

Nautilus Solar Announces The Acquisition Of A 13.5MW Massachusetts & New York Community Solar Portfolio

August 29, 2018 Anand Gupta

Americas

Wells Fargo Commits $5 Million to Establish GRID Alternatives’ Tribal Solar Accelerator Fund

August 29, 2018 Anand Gupta

New Fund will support solar projects and job training in tribal communities DENVER: Wells Fargo (NYSE: WFC) announced today a philanthropic commitment of $5 million over three years to support solar projects in tribal communities across the U.S. The donation to nonprofit GRID Alternatives, a national leader in making solar technology and training accessible to […]