Captona Partners adds to portfolio 6-MW PV farm in Rhode Island
Captona Partners, a North America-focused investment company specializing in power generation and energy infrastructure assets, has announced the acquisition of a 6 MW brownfield solar farm in Warwick, Rhode Island, continuing the company's steady North American portfolio growth. The acquisition puts Captona ahead of its portfolio goals for wind, solar and other generation assets.
Captona's in-house design capabilities enable the company to oversee development of energy projects to ensure technical and financial performance. The company underwrote and executed the deal in a short time frame, bundling it into its investment portfolio.
Captona's team will own and operate the asset, providing net metering credits to the City of Warwick as of October 18, 2018.
Country updates
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November 05, 2018
Greenbacker Renewable Energy announces acquisition of 13.9 MW solar portfolio
Greenbacker Renewable Energy Company LLC has announced that, through a wholly-owned subsidiary, it has recently acquired all of the outstanding equity of SunFarm V, LLC and Sun Farm VI, LLC. The SunF...
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November 02, 2018
Facebook data centre in Alabama to be powered by 377 MW solar projects
The Tennessee Valley Authority (TVA) has announced an agreement with two solar developers to build the largest solar installations in Tennessee and Alabama at 150 and 227 MW, respectively. The 377 MW...
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November 02, 2018
First Reserve agrees to acquire 50% stake in Blue Racer Midstream
First Reserve has announced an agreement to purchase Dominion Energy's 50% interest in Blue Racer Midstream, LLC, a joint venture formed in December 2012 to own, operate, develop a...
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November 02, 2018
ALLETE Clean Energy closes sale of 48 MW wind project
ALLETE Clean Energy, a wholly-owned subsidiary of ALLETE Inc. has announced the close of the approximately US$84 million sale of the 48 MW second phase of the Thunder Spirit wind farm in Nor...
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November 01, 2018
500 MW solar project in California secures US government approval
The US Government's Bureau of Land Management (BLM) has released its Record of Decision, authorizing the Palen Solar Project, a photovoltaic facility owned by EDF Renewable Energy, to occupy up to...
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