WEC Energy Group enters deal to acquire 90% stake in Sapphire Sky Wind Energy Center
WEC Energy Group has agreed to acquire a 90% ownership interest in the Sapphire Sky Wind Energy Center. Located in McLean County, Illinois, the project is being developed by Invenergy. The investment is valued at US$412 million.
The Sapphire Sky site will consist of 64 wind turbines with a combined capacity of 250 megawatts. Commercial operation is expected by the end of 2022.
Sapphire Sky will generate renewable energy that will be sold under a long-term power purchase agreement with a Fortune 100 global, high-tech company.
The transaction is subject to receiving all necessary regulatory approvals.
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August 05, 2021
Capital Dynamics secures tax equity to retrofit its California Flats Solar Project with Battery Energy Storage Project
Capital Dynamics through its Clean Energy Infrastructure (CEI) business has secured tax equity investments from Goldman Sachs and U.S. Bank for the 60 megawatts (MW)/240 megawatt-hour (MWh) California...
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August 05, 2021
Financial close for World’s largest solar-plus-storage (PV+BESS) Project in USA
US renewables developer Terra-Gen LLC has achieved financial close for the first phase of the Edwards Sanbord Solar Storage project in Kern County in California, USA.
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August 05, 2021
AES Indiana enters deal with NextEra Energy Resources for Petersburg Solar Project acquisition
AES Indiana, a subsidiary of The AES Corporation has entered a deal with NextEra Energy Resources, LLC to acquire and construct a 250 MW solar + 180 MWh energy storage facility in Pike Count...
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August 04, 2021
Innergex commissions 225.6 MW Griffin Trail wind project in Texas
Innergex Renewable Energy Inc. has fully commissioned the 225.6 MW Griffin Trail wind facility in north Texas and concluded its tax equity funding. The facility is sited on approximately 26,000 acres...
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August 03, 2021
Innergex commissions 225.6 MW Onshore wind farm in USA
Innergex Renewable Energy Inc. announces that the full commissioning of the 225.6 MW Griffin Trail wind facility in North Texas was achieved on July 26, 2021.
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