Pearce Services announces partnership with New Mountain Capital
Pearce Services, LLC, a provider of telecommunications infrastructure maintenance, repair, and engineering, has partnered with New York-based New Mountain Capital, a growth-oriented investment firm with over US$20 billion in assets under management. Pearce also announced the simultaneous acquisition of MaxGen Energy Services and World Wind & Solar (WWS), independent providers of repair and maintenance services for utility-scale renewable wind and solar assets as well as electric vehicle charging station infrastructure. The terms of the transactions were not disclosed.
The combined business will be known as Pearce Services and has over 1,200 skilled technicians and engineers with a nationwide footprint. MaxGen and WWS will also continue to operate their respective brands at this time.
Country updates
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April 23, 2020
Geronimo Energy signs PPA with Cargill for Prairie Wolf Solar Project
Geronimo Energy (Geronimo), a National Grid company, and Cargill announced today the execution of a Virtual Power Purchase Agreement (VPPA) for the Prairie Wolf Solar Project (Prairie Wolf) in Coles C...
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April 22, 2020
AEP Renewables appoves PPA with Spirit AeroSystems for 130 MW Flat Ridge 3 wind farm project
AEP Renewables, a unit of American Electric Power, has secured approval from the Kansas Corporation Commission for a new power purchase agreement (PPA) of the company with Spirit AeroSy...
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April 22, 2020
First Solar signs PPA for 100 MW Rabbitbrush solar project
First Solar has signed a long-term power purchase agreement for the development of the 100 MW Rabbitbrush solar photovoltaic plant in California, USA. The 15-year PPA was signed with the&n...
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April 21, 2020
Vistra Energy expands Oakland energy storage project to 36.25 MW/145 MWh
Vistra Energy has increased the size of its battery energy storage project located at the site of its Oakland Power Plant. The battery will now have a capacity of 36.25 megawatts/145 megawatt-hours in...
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April 20, 2020
sPower Closes on Tax Equity Commitment for 620 MWdc Solar Project
sPower announced that the company closed on a US$350 million tax equity commitment for Spotsylvania Solar Energy Center in Spotsylvania County, Virginia. The 500 MWac (620 MWdc) is the largest solar p...
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