Magnetar Capital buys Lendlease's renewables unit Vesper Energy
Magnetar Capital has announced its acquisition of Lendlease’s renewable energy business unit. The acquisition was completed in partnership with Lendlease’s Dallas-based leadership team. The acquired entity will operate under a new name: Vesper Energy.
Vesper Energy has an existing 3 GW solar and 2.5 GWh energy storage development pipeline across the U.S., encompassing 20 unique projects. The company plans to begin construction on three new projects in 2021 in California, Ohio, and Pennsylvania.
Country updates
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November 19, 2020
BayWa completes 133.6 MW Fern Solar project in Edgecombe County
BayWa r.e. Solar Projects LLC has completed the 133.6 megawatt (MW-DC) Fern Solar project in Edgecombe County, North Carolina, USA. Featuring more than 353,000 high-performance photovoltaic panels, t...
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November 18, 2020
WEC, MGE start commercial operation of the 150 MW Two Creeks solar project in Wisconsin
Madison Gas and Electric (MGE) and Wisconsin Public Service (WPS), a utility subsidiary of WEC Energy Group Inc, has started the commercial operation of the 150 MW Two Creeks solar park located i...
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November 18, 2020
Massachusetts approves 804 MW Mayflower offshore wind project in Nantucket
The Massachusetts Department of Public Utilities (DPU) has issued an order approving long-term contracts for 804 MW of offshore wind between Mayflower Wind and the Commonwealth’s Electric D...
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November 17, 2020
Idemitsu commissions the 100 MW Mustang Two Whirlaway solar PV project in Lemoore
Idemitsu Renewables has started the commercial operation of the 100 MW Mustang Two Whirlaway solar PV project in Lemoore city, Kings County, California, USA. Mustang Two Whirlaway will exclusive...
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November 16, 2020
APS, Leeward sign off-take deal for 200 MW of wind power in Guadalupe County
Customers of Arizona Public Service Company (APS) will soon power their homes and businesses with more clean energy. APS has entered into a power purchase agreement (PPA) with Leeward to purchase wind...
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