Greenbacker acquires 3 solar facilities in eastern North Carolina
Greenbacker Renewable Energy Company LLC announced that, through a wholly-owned subsidiary, it purchased the rights to a 21.8 megawatt portfolio of three solar projects located in Camden, Jamesville and Martin counties, North Carolina from SunEnergy1 LLC.
Construction of the facilities has commenced, with closings to take place upon their reaching mechanical completion. All three facilities are expected to achieve commercial operations in early 2019.
The Company is currently working to arrange back leverage financing as well as tax equity financing. Once operational, the SE Solar Portfolio will sell all power generated to an investment grade utility off taker through a 15-year fixed price PPA.
Country updates
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November 24, 2018
NJR Clean Energy Ventures agrees to sell 117 MW wind portfolio to Skyline Renewables
NJR Clean Energy Ventures (CEV), a clean energy subsidiary of New Jersey Resources, has agreed to sell its remaining 117 MW wind portfolio, consisting of four wind farms, to a of S...
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November 22, 2018
New Energy Solar completes 55.6-MW US solar portfolio
New Energy Solar celebrated the completion of construction and commissioning of its eight newest solar plants in North Carolina and Oregon. Namely the Arthur, Church Road, County Home, Hanover, Heedeh...
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November 21, 2018
South Dakota PUC approves 219.6 MW wind project construction permit
The South Dakota Public Utilities Commission has approved, with conditions, the construction permit for Prevailing Wind Park, a 219.6 megawatt wind energy facility in Bon Homme, Charles Mix and Hutchi...
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November 20, 2018
Juhl Energy Partners With GE Renewable Energy to Build First of Its Kind Solar-Wind Hybrid Project
Juhl Energy announced that it has selected GE Renewable Energy to supply equipment for the first commercial integrated solar-wind hybrid power generation project in the U.S. The Minnesota-based clean...
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November 20, 2018
FirstEnergy Generation agrees to sell 545 MW West Lorain Facility to Vermillion Power
FirstEnergy Generation has agreed to sell its 545 MW West Lorain Facility and related assets to Vermillion Power, an affiliate of Starwood Energy Group Global. The deal represents a US$144 m...
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