Revolve divests 1.25 GW of solar-plus-storage projects in Arizona to Engie
Revolve Renewable Power Corp. and Engie have signed a deal for the sale of the 1,000 MW Bouse and 250 MW Parker solar-plus-storage projects in Arizona, USA in exchange for an upfront payment of US$2 million and an earn-out contingent if specified milestones are accomplished.
Engie will be responsible for the project's continued development.
The deal will provide Revolve with extra resources to expand its existing development portfolio and evaluate options to add other greenfield project opportunities to its active development portfolio in the near future.
Country updates
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January 10, 2023
Engie secures approval for 200 MW North Bend wind project in South Dakota
ENGIE North America received the South Dakota PUC siting authorization for its 200 MW North Bend wind project. The company will erect 71 wind turbines on 46,931 acres in Hyde and Hughes counties. The...
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January 04, 2023
Alliant Energy starts commercial operation of 50 MW solar project in Wisconsin
Alliant Energy has started the commercial operation of the 50 MW North Rock Solar Photovoltaic Project located in Fulton, Rock County, Wisconsin. The facility consists of 120,000 solar panel...
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December 28, 2022
EDPR signs build and transfer agreement for 202 MW Crossroads solar project in Indiana
EDP Renováveis (EDPR), through its subsidiary EDP Renewables North America LLC, has signed a Build & Transfer Agreement with Northern Indiana Public Service Company LLC (NIPSCO) for th...
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December 26, 2022
Goldman Sachs to invest in 531 MW wind project in Texas
Sachs Group Inc. has entered into a binding equity capital contribution agreement for a tax equity investment of up to US$200 million in the first phase of Omega Energia SA's 531 MW Goodnight wind pro...
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December 23, 2022
EQT Infrastructure invests in Madison Energy Investments
Stonepeak Partners LP affiliates have agreed to sell Madison Energy Investments (MEI) to the EQT Infrastructure VI fund. MEI is a developer, owner, and operator of distributed solar and energy storag...
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