John Laing to acquire Duke Energy’s fifty percent equity interest in Pioneer Transmission
John Laing Group announced that it has agreed to acquire Duke Energy’s fifty percent equity interest in Pioneer Transmission, LLC.
Pioneer Transmission, LLC is a joint venture formed by Duke Energy and American Electric Power (AEP) to build and operate approximately 290 miles of 765-kilovolt (kV) transmission lines and related facilities in Indiana. The project links Duke Energy's Greentown Station (near Kokomo, Ind.) with AEP's Rockport Station (east of Evansville, Ind.).
John Laing was advised by Macquarie Capital, McGuireWoods LLP, Calfee, Halter & Griswold LLP, Gibson Dunn & Crutcher, Leo Berwick, Charles River Associates, Virtas Partners, Leidos, and Mazars. The acquisition is subject to typical regulatory approvals and is expected to complete by year end 2024.
Country updates
-
-
April 08, 2024
Construction completed for 200 MW Solar Project in USA
Leeward Renewable Energy (LRE) announced that it has completed construction and commenced operation of its 200 MW Horizon Solar Project near Pearsall in Frio County, Texas, USA.
Read more -
April 01, 2024
Atlas Energy closes US$450m Hi-Crush buy
Atlas Energy Solutions has closed on its US$450 million acquisition of Hi-Crush's Permian Basin proppant production assets and North American logistics operations. The transaction comprises US$150 mi...
Read more -
March 21, 2024
Ocean Winds acquires 50% equity share in SouthCoast Wind Energy LLC
Shell New Energies US LLC (Shell), a subsidiary of Shell plc, has sold its 50% equity share in SouthCoast Wind Energy LLC (SouthCoast Wind) to joint venture partner Ocean Winds North America LLC...
Read more -
March 18, 2024
Final Investment Decision announced for 320 MW Onshore Wind farm in USA
Sempra Infrastructure, a subsidiary of Sempra announced that it reached a positive final investment decision for the development, construction and operation of the Cimarron wind project ...
Read more -
March 14, 2024
EQT Corporation to acquire Equitrans Midstream Corporation in US$5.45billion merger
EQT Corporation has announced the acquisition of natural gas provider Equitrans Midstream Corporation in an all-stock transaction valued at US$5.45 billion. The EQT Corporation and Equitrans Midstrea...
Read more
