NGV agrees to acquire Geronimo Energy
National Grid Ventures (NGV) has signed an agreement to acquire Geronimo Energy, a leading developer of wind and solar generation assets based in Minneapolis, Minnesota.
Geronimo Energy is a renewable energy development company that provides custom renewable energy solutions for utilities and corporations looking to harness renewable energy for business growth.
The company has a strong track record; successfully developing 2.3GW of wind and solar generation projects since 2004 and has 6GW+ of projects in the pipeline at various stages of development.
The acquisition of Geronimo – along with its expert leadership team and 70+ experienced employees – will provide National Grid with a solid foundation on which to develop and grow a large-scale renewable business in the US, and deliver sustainable, affordable and reliable energy.
The acquisition process is expected to conclude in the second quarter of 2019, when Geronimo Energy will officially become a National Grid plc company.
Country updates
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April 01, 2019
Portland General Electric and NextEra Energy Resources to develop 380 MW solar and wind assets
Portland General Electric Company and NextEra Energy Resources, LLC, a subsidiary of NextEra Energy, Inc. has announced plans to construct a new energy facility in Eastern Oregon combining 300 megawat...
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April 01, 2019
Portland General Electric and NextEra Energy Resources to develop 380 MW solar and wind assets
Portland General Electric Company and NextEra Energy Resources, LLC, a subsidiary of NextEra Energy, Inc. has announced plans to construct a new energy facility in Eastern Oregon combining 300 megawat...
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March 29, 2019
Avangrid signs PPA deal with PSE for 150 MW solar project in Washington
Avangrid Renewables has signed a power purchase agreement (PPA) deal with Puget Sound Energy (PSE) for the 150 MW Lund Hill solar photovoltaic project located in Klickitat County, Washington...
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March 28, 2019
Alaska Permanent Fund Corporation invests in GIP and EQT funds
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March 28, 2019
Copenhagen Infrastructure Partners invests in 162 MW wind project in US
Copenhagen Infrastructure Partners plans to invest in Bearkat II onshore wind farm in Glasscock County, Texas. The company will, through the fund Copenhagen Infrastructure II K/S, make a net equity in...
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