CIP acquires 800 MW onshore wind project in USA
Tri Global Energy, a leading originator and developer of utility-scale renewable energy projects, announced the sale of an Illinois wind energy project, Woodford Wind Energy, to Copenhagen Infrastructure Partners (CIP), the Denmark-based renewable energy specialist focused on clean energy infrastructure.
The Illinois wind project, which is the first wind project developed and sold by Tri Global Energy in Illinois, has applied for two separate phases of interconnection – each phase for up to 400 MW of capacity -- in the PJM system.
Comprised of 31,000 leased acres in the Central Illinois county of Woodford involving over 300 land and homeowners, Woodford Wind Energy will be owned and operated by CIP's U.S. subsidiary, Woodford Wind, U.S., Inc. Construction of the initial phase of the wind energy project is targeted to begin in January 2021 with the project's commercial operations expected to commence by the end of the year.
Since founding the Woodford Wind Energy project in 2018, Tri Global Energy has been the lead project developer. Great Bay Renewables, a subsidiary of Altius Renewable Royalties, is providing royalty financing in support of Tri Global Energy completing project development through the start of construction. Tri Global Energy collaborated with local project developers Americlean Energy Group and Freedom Wind.
Henrik Tordrup, Partner at CIP said: "This is the third project launched via a partnership between Tri Global Energy and CIP. The two companies have already constructed over 500 MWs of wind energy projects. We look forward to our continuing ownership and operating role by expanding our U.S. portfolio of high-quality clean energy projects such as Woodford Wind Energy."
Country news
-
-
December 19, 2019
Acquisition of 278 MW of US solar projects completed
EDP Renewables and ConnectGen have completed the acquisition of First Solar's three projects with a total nameplate design of 278 megawatts (MW)AC in the United States. First Solar previously disclosed that the sale of these projects was subject to certain conditions precedent for closing that have since been satisfied.
Read more -
December 18, 2019
812 MW wind portfolio in USA and Canada acquisition closes
Gulf Pacific Power, LLC (GPP) has completed the acquisition of an 80% stake in EGPNA Renewable Energy Holdings, LLC (REP), a holding company that owns an 812 MW portfolio of five operating wind projects located in the United States and Canada. GPP formed Gulf Plains Wind, LLC (Gulf Plains Wind) to acquire the interest in REP from GE Energy Financial Services and Enel Green Power North America, Inc. (EGPNA). EGPNA has retained a 20% stake in REP and will continue to operate the Portfolio. Financial terms of the transaction were not disclosed.
Read more -
December 12, 2019
PPA approved for $1bn solar and storage project in USA
Quinbrook Infrastructure Partners ("Quinbrook"), a global investment manager focused exclusively on lower carbon and renewable energy infrastructure investment and operational asset management, announced that the Public Utilities Commission of Nevada (“PUCN”) has granted approval of Quinbrook’s 25-year Power Purchase Agreement with NV Energy for the 690 MW AC Gemini Solar + Battery Storage Project (“Gemini”) in Clark County, Nevada.
Read more -
November 27, 2019
16 GW subsea transmission network in planning in USA
Anbaric has filed an application with the Bureau of Ocean Energy Management (BOEM) for non-exclusive rights-of-way to develop the Southern New England OceanGrid – an independent, open-access offshore transmission system designed to maximize the region’s offshore wind resources. Once approved by BOEM, the transmission network on the outer continental shelf would link the existing wind lease areas via a common system and deliver that power to the on-shore grid. Benefits will include greater efficiency, more reliability, fewer environmental impacts, and the ability to direct the energy to specific areas, like Boston and/or the South Coast.
Read more -
November 22, 2019
New Energy Solar to divest 325 MW of solar in USA
New Energy Solar will run a formal sale process for a part interest in two of its US solar plant assets, a 49% interest in Boulder City in Nevada and a 50% interest in Mount Signal 2 in California. The sale process has been initiated after receiving expressions of interest from third parties which represent an opportunity to realise value for securityholders.
Read more
