Your daily dose of power and renewables market intelligence across the Americas, with in-depth insights on project finance, M&A and borrower strategies.
PFR is pleased to announce the winners of its 18th Annual Deals and Firms of the Year Awards for the year 2020. We would also like to thank our panel of judges without whom this process wouldn’t have been possible.
Congratulations to all of the winners!
https://t.co/VrYMJmn7J2
A crucial portion of the Democrats' proposed $3.5 trillion spending package has been approved,which includes federal tax credit extensions and a direct-pay option,but market participants warn that some of the measures could have "cataclysmic ramifications."https://t.co/zPpyqmd8Ko
The lead arrangers on the almost $2.4 billion construction debt package for the 800 MW Vineyard Wind project off the coast of Massachusetts have begun sounding out lenders to participate in syndication.
https://t.co/JPTItTr0GN
Ares Management Corp has kicked off the refinancing of the 778 MW combined-cycle, gas-fired Stonewall project in Virginia that it is in the process of acquiring.
PFR subscribers can find out more here:
https://t.co/sbqIlXq1B4
The former head of Israel’s national intelligence agency has joined Doral Renewables LLC (Global Energy Generation LLC), the US subsidiary of Isareli renewable energy developer Doral Group, as a director.
Not a subscriber? Contact @Gmandunkley for access
https://t.co/42zVznXXtw
A New Jersey- based independent power producer has launched a sale process for a 20 MW wind project located in California.
@alfiecrooks1 has the details for PFR subscribers:
https://t.co/EyKUxa2ZNm
A South Korean power company recently emerged as the winning bidder for battery storage developer and independent power producer Key Capture Energy, following a competitive sale process.
Details for PFR subscribers below:
https://t.co/PkINVb3zoC
@alfiecrooks1@Taryana_Odayar
As the DR starts opening up to private investments in renewable energy under President Luis Abinader, local developer Grupo Energetico 23 managed to wrangle debt financing for its first such asset in the country this summer. @ArroyoNieto has the story: https://t.co/AcjK0rDNh5
Power Finance & Risk sat down with Digital Power-Optimization’s CEO Andrew Webber and COO Alex Stoewer for our first ever Q&A on Cryptocurrencies and the Grid. Check out the free-to-read report here:
https://t.co/XutZA5MLCV
#cryptocurrencies#renewables#bitcoin#cryptomining
In July, @PowerFinRisk brought together a group of experienced market participants to look back on an eventful past six months in our Midyear Project Finance Review 2021 Roundtable. Click the link below for the free-to-read report:
https://t.co/D60ByA7XPT
#projectfinance
Our newly revamped #website has launched! https://t.co/pYv6T3Riao
The new Power Finance & Risk website is part of the ongoing improvement strategy and evolution of the brand. Visit the website for an intuitive user experience.
Details have emerged on a roughly $1 billion debt financing that a pair of sponsors is leading for a portfolio of mixed generation assets in Chile, which include both operational and greenfield projects.
PFR’s LatAm reporter @ArroyoNieto has the story:
https://t.co/3AjhEpXmVd
Second round bids are being taken for a private equity-backed community solar developer based in Massachusetts.
PFR’s @alfiecrooks1 has the details for subscribers:
https://t.co/xqQH9laxid
A Canadian energy storage services firm has kicked off an equity capital raise to fund the expansion of its offerings and execution team across North America.
@Taryana_Odayar has the details for PFR subscribers:
https://t.co/bgqddIDhje
Greengate Power Corp has started construction and secured a corporate offtaker for what it says will be the largest solar project in Canada.
Details below:
https://t.co/IofiPtHM0S
Irish developer Mainstream Renewable Power has financed the third & final phase of its 1.3 GW Andes Renovables wind & solar portfolio in Chile, bringing to an end three years of debt raising efforts for the portfolio.
@ArroyoNieto reports for PFR:
https://t.co/CPwtzE5F1d
Developers aiming to qualify their renewable energy projects for federal tax credits will have an extra year to do so, after the IRS granted a deadline extension to account for pandemic-related construction delays.
PFR’s @Taryana_Odayar has the details:
https://t.co/8LvmkiBlBx
Colombia’s Mines and Energy Planning Unit (UPME) has selected a winning bidder for the country’s first battery storage system, concluding a tender process that was launched in January.
PFR’s Latin America reporter, @ArroyoNieto, has the story:
https://t.co/n4ehKGVbz8
BlackRock’s Global Energy & Power Infrastructure Fund I has launched a sale process for a 240 MW contracted gas-fired cogeneration plant in California.
Read more here:
https://t.co/FnrePL6AS7