Capital Dynamics acquires 32% and 25% stakes in two solar projects of Tenaska
Capital Dynamics has announced that its Clean Energy Infrastructure (CEI) team has signed an agreement to acquire 32 percent and 25 percent equity participation in two Imperial Valley, California-based solar power plants, CSolar South and West respectively. With a combined capacity of 354MWdc, the project is the ninth largest solar project in the US.
The CSolar interests were acquired from Tenaska, an independent power producer in the United States, having achieved commercial operation and secured a long-term power purchase agreement (PPA) with a California-based utility business. Capital Dynamics partnered with Hanwha Asset Management for this acquisition.
Country updates
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July 16, 2018
Federal Energy Regulatory Commission clears Dominion to merge with SCANA
The Federal Energy Regulatory Comission (USA) has given green light to Dominion to merge with US electric and natural gas utility SCANA Corporation in an all-stock merger for a total value o...
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July 13, 2018
BayWa re Wind signed PPA deal with MCE for the Strauss wind project
BayWa re Wind LLC, a unit of German agriculture and energy group BayWa AG, has signed a power purchase agreement deal for the entire output of the 101 MW Strauss wind project. The wind proj...
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July 13, 2018
ArcLight closes New Covert CCGT project refinancing
ArcLight Capital Partners has signed the debt refinancing of its 1,176MW New Covert combined-cycle combustion turbine power plant located in Covert, Michigan, USA. The project provides elec...
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July 12, 2018
The South Dakota Public Utilities Commission (PUC) has issued a conditional permit for construction of the project
The South Dakota Public Utilities Commission (PUC) has issued a conditional permit for construction of the project. The 72 turbines are expected to be up and ready to run in 2021. The conditions set i...
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July 11, 2018
PureGen has acquired the project
