NextPower III completes acquisitions of two solar projects in Florida
A private equity fund managed by NextEnergy Capital, NextPower III ESG (NPIII ESG), has completed the acquisition of two solar photovoltaic projects with individual generating capacities of 100 MW located in Lake Placid in Florida, USA.
The projects are currently in the negotiation for their power purchase agreements (PPAs) for a period of 10 years. NextPower III has closed in January 2022 with a hard cap of US$896 million.
Country updates
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June 28, 2022
Gilbane Building Company to build offshore tower manufacturing facility in New York
The Albany Port District Commission (APDC) has selected Gilbane Building Company as the construction manager for a wind tower manufacturing facility at the Port of Albany in Bethlehem, New York, USA....
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June 27, 2022
Bank of America signs 15-year PPA deal for Mammoth Central solar project in Indiana
Bank of America has signed a 15-year 160 MW agreement with Constellation, to purchase power and project-specific renewable energy certificates (RECs) related to the 600 MW Mammoth Centr...
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June 24, 2022
Matrix Renewable signs US$92mn tax equity financing for Gaskell West 2 and Gaskell West 3 solar projects
Matrix Renewables has signed a US$92 million tax equity financing with an affiliate of Bank of America for the Gaskell West 2 and Gaskell West 3 solar photovoltaic projects in Kern County, Califo...
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June 24, 2022
Targa to acquire Lucid Energy for US$3.55bn
Targa Resources Corp. has secured a definitive agreement to acquire Lucid Energy Delaware, LLC from Riverstone Holdings LLC and Goldman Sachs Asset Management for US$3.55 billion in cash. Lucid...
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June 24, 2022
RWE starts commercial operation of 195.5 MW solar project in USA
RWE Renewables has started the commercial operation of the 195.5 MW Hickory Park Solar photovoltaic project located in Mitchell County in Georgia, USA.
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