SCHENECTADY, N.Y.--(BUSINESS WIRE)--Distributed Solar Development (DSD) - the business backed by BlackRock Real Assets' Global Renewable Power platform and GE Renewable Energy - announced today the closing of a $250M fund financed by Morgan Stanley, Silicon Valley Bank and Fifth Third Bank to fund a portfolio of distributed generation projects through 2020. "This transaction positions DSD for significant growth over the next year as we work to meet growing demand from commercial and industrial.
Connecticut-based Avangrid is reportedly in discussions with Pennsylvania-based utility company PPL in a deal that could create one of the largest energy companies in the United States.
TNR Gold Corp. (TSXV: TNR) is an exciting Canadian project generator and exploration company which has been successful in generating high-quality exploration projects around the globe. TNR Gold's current three main projects involve gold in Alaska, copper and gold in Argentina, and lithium in Argentina. The Shotgun Gold Project is an advanced-stage exploration prospect in southwestern Alaska. It is a porphyry gold deposit with the potential for a bulk mineable gold resource.
GTM Squared delivers premium content in the form of in-depth article series, research highlights, and multimedia extras. Go beyond our everyday coverage and gain insider access to our experts. Indiana's Nipsco is the latest Midwestern utility to plan significant coal retirements alongside a big build-out of renewables. In the early days of the U.S. solar market, development was largely focused on the coasts, clustering in sunny climes or in states like California that had incentives to sweeten the deal for developers and utilities. As the industry matures, though, installations are cropping up on new turf.
By Offshore Energy Today.. Shell has revealed plans to market its current onshore upstream assets in Egypt's Western Desert to fully concentrate on growing its Egyptian offshore exploration and integrated gas business. ... Read Full Article Here For more great articles: Offshore Energy Today.
By LNG World News U.S. LNG operator Dominion Energy has entered into an agreement with Brookfield Super-Core Infrastructure Partners to sell a 25 percent non-controlling equity interest in Cove Point to Brookfield for just over $2 billion. Read Full Article Here For more great articles: LNG World News.
Highview Power is taking its unusual cryogenic or liquid air storage from demonstration to commercial scale. The company is developing its first large-scale system in the northern part of the U.K., it revealed Monday. The first project will have a capacity of 50 megawatts/250 megawatt-hours and could be up and running by 2022. It's not a done deal: Highview is still looking for offtakers to secure contracted revenue that could balance merchant activity in Britain's wholesale markets. But Highview has a location locked down at a retiring thermal plant site and is working on procurement for the construction phase.
Dominion Energy Inc. said Monday it has agreed to transfer a 25% non-controlling equity interest in Cove Point to Brookfield Super-Core Infrastructure Partners, an infrastructure fund managed by Brookfield Asset Management Inc., for just over $2 billion in cash. Cove Point owns a liquefied natural gas import, export and storage facility located in Chesapeake Bay in Lusby, Md. The deal is part of Dominion's plan to establish a permanent capital structure for Cove Point, which has a 136-mile pipeline that connects the facility with the interstate pipeline system.
Nebras Power signed a Memorandum of Understanding (MOU) with Korea Electric Power Corporation (KEPCO). The MOU between Nebras Power, the leading Qatar-based power investment company and KEPCO, the largest state-owned...
By LNG World News Canadian LNG project developer Pieridae Energy has closed its acquisition of all of Shell's midstream and upstream assets in the southern Alberta Foothills for CAN $190 million ($144.6M). Read Full Article Here For more great articles: LNG World News.