Seventus completes acquisition of the Jawbone project from Gaelectric
A new renewable energy development and finance firm Seventus has acquired the 235 MW Wind project located on approximately 31,000 acres of land in Wheatland County, Montana, USA. The deal was backed by Suzlon.
The phase I of the project, consists of 38 Suzlon S111 wind turbines, with a capacity of 80 MW is expected to begin construction next year.
Seventus, which is majority-owned by India-based Suzlon Energy Ltd., focuses on greenfield and repowered projects throughout the U.S.
Country updates
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August 13, 2018
Wells Fargo to finance Origis Energy’s FL Solar 5 project
Wells Fargo announced it has committed the capital in construction debt, as well as the tax-equity funding of $35 million for the new solar generation facility, known as FL Solar 5 in Orange County, F...
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August 13, 2018
Ocean Power Technologies enters into common stock purchase agreement
Ocean Power Technologies, Inc. has announced that it has executed a Common Stock Purchase Agreement with Aspire Capital Fund, LLC to sell up to US$10 Million in common stock to Aspire Capital over a t...
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August 11, 2018
VERBIO plans to acquire DuPont’s Iowa-based cellulosic ethanol project
It was announced jointly that DuPont Industrial Biosciences (DuPont) and VERBIO North America Corporation (VNA), the U.S. subsidiary of VERBIO Vereinigte BioEnergie AG (VERBIO), have reached terms for...
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August 10, 2018
Ontario Power Generation enters agreement for 100% acquisition of Eagle Creek Renewable Energy
Ontario Power Generation (OGP) has entered into a purchase and sale agreement with affiliates of Hudson Clean Energy Partners and other shareholders to acquire 100% of the equity of Eagle Creek R...
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August 10, 2018
Starwood to acquire US$2.56 B energy project finance debt business
Starwood Property Trust has entered into a definitive agreement to acquire GE Capital's Energy Financial Services' Project Finance Debt Business and loan portfolio for $2.56 bil...
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