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 SunFarm Portfolio consists of two solar photovoltaic systems with 13.9 MW generation capacity, located in Perquimans County, North Carolina. The projects are expected to enter into service by the fourth quarter of 2018 and sell power to an investment grade utility off-taker through a 15-year fixed price power purchase agreement (PPA).
The acquisition brings the company's portfolio to approximately 278.7 MW generating capacity (including “to be constructed” assets) comprising 61.5 MW of wind facilities and 217.2 MW of commercial and residential solar facilities.
Country updates
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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
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
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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October 31, 2018
Soltage closes 1st investment round in 100-MW solar portfolio
Soltage LLC announced that it closed a first round of investment in a 38 project, 100 MW solar project portfolio located in five states across the East Coast and the Southeast. The portfolio includes...
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