Financial close on BEC power generation project acquisition
The financing for Morgan Stanley Infrastructure Partners' acquisition of 644 MW BEC power generation project in New Jersey has closed.
BEC is a gas-fired, mid-merit electricity generation facility constructed in 2012 and expanded in 2018. It distributes power into New York City via a cable that runs from Bayonne, NJ beneath New York Harbor to a substation in Brooklyn, NY.
Macquarie Infrastructure Corporation (MIC) sold the facility to Morgan Stanley in October 2018.
Country updates
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December 01, 2018
Ørsted to develop 184 MW wind farm in Texas
Ørsted has announced that Lincoln Clean Energy (LCE) will soon start building its first project under new Ørsted ownership – the Locket Wind project in Texas. Lockett Wind h...
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November 30, 2018
Air Liquide signs PPA for Fort McKavett wind
Air Liquide announced a new agreement to purchase 50 MW of renewable wind electricity from a subsidiary of NextEra Energy Resources, one of the world’s largest generator of renewable energy. The...
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November 30, 2018
ExxonMobil to power oil exploration with Ørsted green energy
Lincoln Clean Energy, recently acquired by Orsted, has secured a PPA with ExxonMobil from the 300 MW Sage Draw wind project and 350 MW Permian solar project, both located in Texas. The power purchase...
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November 30, 2018
Ontario Power Generation completes acquisition of Eagle Creek from Hudson Clean Energy Partners
Ontario Power Generation (OPG) has completed the US$298 million deal to acquire Eagle Creek Renewable Energy. Eagle Creek Renewable Energy LLC owns and operates a portfolio of 63 hydro-electric faci...
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November 28, 2018
Starbucks through Constellation signs PPA deal for Enel's 185 MW wind Project in Illinois
Constellation, an Exelon company, has signed a long-term agreement with Starbucks to power more than 340 company-operated Illinois stores with 100 percent renewable energy produced by Enel Green Power...
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