National Grid completes acquisition of Geronimo Energy
National Grid, through its competitive non-regulated unit National Grid Ventures (NGV), completed its US$100 million acquisition of Geronimo Energy - wind and solar developer in North America.
Founded in 2004, Geronimo Energy has developed over 2,200 megawatts of wind and solar energy projects that are operational or currently under construction. The company also has a strong development pipeline of projects in various stages of development throughout the United States.
Geronimo Energy has a strong track record of being farmer-friendly, community-driven and customer-focused, which aligns with National Grid’s core values. Geronimo Energy will continue to be headquartered in Minneapolis, with satellite development offices and operational project facilities located throughout the country.
Country updates
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July 18, 2019
Cubico reaches financial close on 100 MW Huntley solar PV project in US
Cubico Sustainable Investments (Cubico), a global investor in renewable energy backed by two of Canada’s largest pension funds, recently reached financial close for the 100 MW Huntley solar PV p...
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July 18, 2019
Louisiana Teachers invests US$50m in GIP IV
The Teachers’ Retirement System of Louisiana (TRSL) has invested a US$50 million commitment into Global Infrastructure Partners IV Fund, managed by Global Infrastructure Partners. The Fund...
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July 18, 2019
AEP to invest in 1.5 GW of US wind projects
American Electric Power announced that its Public Service Co. of Oklahoma (PSO) and Southwestern Electric Power Co. (SWEPCO) companies are seeking regulatory approvals to purchase three wind projects,...
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July 17, 2019
Town of Colonie enters 20-year PPA with Schuylerville hydroelectric facility
The Colonie Town in Albany County, New York has entered a renewable energy program that will substantially underwrite the Town’s energy costs through the purchase of locally-produced hydroelectr...
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July 17, 2019
AES starts construction of its 400 MWh Energy Storage Project in Southern California
ES Alamitos, a subsidiary of The AES Corporation, has conducted the groundbreaking of a 400 megawatt-hour (MWh) battery-based energy storage system for Alamitos Energy Center (AEC) as part of a l...
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