OG&E closes its acquisition of 360 MW coal-fired project in US
OG&E has announced that the company has completed the acquisition of the AES Shady Point plant near Poteau, Oklahoma. The acquisition follows approval by the Federal Energy Regulatory Commission (FERC) of the company's application to acquire Shady Point and the Oklahoma Cogeneration LLC facility in Oklahoma City. The company had previously received the necessary approvals to proceed with the acquisitions from the Arkansas Public Service Commission on May 8, 2019 and the Oklahoma Corporation Commission on May 13, 2019.
The Shady Point facility is a 360 MW coal and natural gas-fired plant utilizing circulating fluidized bed boilers that produce lower emissions due to their design features and emissions controls.
Country updates
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May 28, 2019
US approves RWE's acquisition of E.on's renewable energy business
The US Federal Trade Commission (FTC) has approved the acquisition of the renewables operations of North Amercian E.ON by German RWE. The transaction with E.ON will involve RWE acquiring the renewabl...
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May 27, 2019
Buckeye Partners agrees to be acquired by IFM Investors for US$41.50 per common unit
FM Investors and Buckeye Partners, L.P. has announced a definitive agreement under which the IFM Global Infrastructure Fund will acquire all of the outstanding public common units of Buckeye...
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May 27, 2019
Church Pension Fund to invest in clean energy
The financial services organization that serves the US-based Episcopal Church, Church Pension Fund (CPF), has invested US$40 million to clean energy projects. CPF has invested in ...
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May 27, 2019
SDCL enters agreement to acquire US CHP portfolio
SDCL Energy Efficiency Income Trust plc, managed by Sustainable Development Capital LLP, is pleased to announce the acquisition of a 71% interest in a high-quality Combined Heat and Power portfol...
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May 24, 2019
Siemens Gamesa to equip 232 MW wind project in US
Siemens Gamesa Renewable Energy has been awarded another order by EDF Renewables to supply 30 SG 4.5-145 and 36 SG 2.7-129 wind turbines for the 232 MW Milligan wind project, located in Milligan Count...
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