Cypress Creek Renewables agrees to 10% equity stake acquisition of Temasek-led group
Cypress Creek Renewables has agreed to acquire 10% equity stake of a group led by Temasek. The interests represent US$200 million investment which will be used to support Cypress' continued growth through creation, investment, maturation and monetization of its development portfolio. The company will continue to operate under its existing management and add two independent directors to its Board.
The company is a developer and owner of solar generating assets. It is a recognized industry leader in this regard, and by the end of 2018 will have developed and placed-in-service over 3.2GW of solar generating assets.
Country updates
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August 06, 2018
Dominion seeks SCC approval for the Coastal Virginia Offshore Wind project
Virginia's State Corporation Commission (SCC) is yet to give their approval for the development of the 12 MW Coastal Virginia Offshore Wind scheme. Dominion Energy, the project owner, is seeking f...
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August 06, 2018
Cactus Flats wind starts commercial operations
Southern Power has inaugurated the 148 MW Cactus Flats wind park. The facility is located in Concho County, Texas. It will comprise 43 turbines supplied by Vestas Wind Systems. The company w...
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August 03, 2018
Invenergy signs 100 MW PPA for wind project in Texas
Novartis has signed a Virtual Power Purchase Agreement (VPPA) to purchase 100 MW of the electricity generated by Invenergy’s Santa Rita East wind farm, located approximately 110km west of S...
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August 02, 2018
Vineyard Wind concludes agreement to sell electricity at US$65/MWh
Vineyard Wind and the Massachusetts EDCs have come up with a leverized price, long-term contracts for the 800 MW Vineyard Wind project. The scheme will be selling the electricity at USD 65/MWh, materi...
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August 02, 2018
ForeFront Power to develop 5.6 MW of solar across 3 school campuses for Huntley Community School District 158 in Illinois
ForeFront Power and Huntley Community School District 158 announced a partnership to install 5.6 MW of solar photovoltaic capacity across 3 school campuses. The ground-mounted projects are expected to...
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