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Despite Record Year, European Wind Not on Track to Meet Climate Goals
Europe invested €43 billion in new wind farms in 2020, the second highest annual amount on record. These investments cover 20 GW of new capacity...
Ocergy Secures Funding for Sustainable Offshore Wind Solutions
Ocergy Inc., a developer of offshore wind technologies, has secured investments from Moreld Ocean Wind (MOW) and Chevron Technology Ventures (CTV).
The Series A round...
Atlantica Acquires Minority Stake in Portfolio of U.S. Wind Assets
Atlantica Sustainable Infrastructure, a sustainable infrastructure company, has reached an agreement to acquire a 49% interest in a 596 MW portfolio of four wind...
NBIM Acquires Fifty Percent Stake in Borssele Offshore Wind Farm
Ørsted, a company that develops, constructs and operates offshore and onshore wind farms, has signed an agreement with Norges Bank Investment Management (NBIM). Under...
MGE Seeking PSCW Approval to Purchase Stake in Red Barn Wind Farm
Madison Gas and Electric (MGE), in partnership with Wisconsin Public Service (WPS), a subsidiary of WEC Energy Group, says it is seeking approval from...
Invenergy Completes Construction Financing for 999 MW Oklahoma Wind Farm
Invenergy, a privately held global developer and operator of sustainable energy solutions, has completed construction financing for the 999 MW Traverse Wind Energy Center.
Located...
EIB Co-Finances Construction of French Offshore Wind Farm
The European Investment Bank (EIB) has granted a €350 million credit line to a consortium made up of EDF Renouvelables, Enbridge and wpd to...
Nucor Secures VPPA with Orsted for Texas Wind Farm
Nucor Corp., a manufacturer of steel and steel products, has signed a 10-year virtual power purchase agreement (VPPA) with Ørsted Onshore North America LLC...
NIPSCO, EDP Renewables Finalize Long-Term PPA for Indiana Wind Project
EDP Renewables North America LLC and Northern Indiana Public Service Co. LLC (NIPSCO) have executed a long-term power purchase agreement (PPA) for an Indiana...
Enel Green Power Secures PPAs for Azure Sky
MilliporeSigma, Akamai Technologies Inc., Synopsys and Uber, with support from Sustainability Roundtable Inc.’s Net Zero Consortium for Buyers, have signed power purchase agreements with...
WEC Energy Group, Invenergy Purchase Apex’s Jayhawk Wind Project
Apex Clean Energy, a company that develops, constructs and operates utility-scale wind and solar power facilities across North America, says WEC Energy Group and...
RCG: 2020 Offshore Wind Sets Capacity, Investment Records
Global capacity and investment for offshore wind set records in 2020, according to research from The Renewables Consulting Group (RCG), a specialized services firm...
Masdar Acquires 815 MW Portfolio of Utility-Scale Wind Projects
Masdar, a global renewable energy company, has achieved the first closing on the acquisition of 50% of a 1.6 GW clean energy portfolio of...
Ares Acquires Lincoln Land Wind Project from Apex
Apex Clean Energy, a company that develops, constructs and operates utility-scale wind facilities across North America, and Ares Management Corp., an alternative investment manager,...
Orsted Trust Fund Supports Burgeoning New Jersey Offshore Wind Industry
The trustees of Ørsted’s Pro-NJ Grantor Trust Fund have unveiled details of the fund and the process to apply.
The $15 million private fund was...
World Invests Record Amount in Decarbonization Efforts
The world has committed a record $501.3 billion to decarbonization in 2020, beating the previous year by 9% despite the economic disruption caused by...
Algonquin Awards IEA with Shady Oaks Construction Contract
Infrastructure and Energy Alternatives Inc. (IEA), an infrastructure construction company with renewable energy and specialty civil expertise, has been awarded a $45 million wind...
Greencoat Acquires Stake in Four RWE Texas Wind Farms
RWE, a global renewable energy company, has signed an agreement with Greencoat, a U.K.-based renewables investment manager, to sell a 24% stake in four...
Boralex Redeems Minority Shares in Canadian Wind Farm
Boralex Inc., a company that develops, builds and operates renewable energy power facilities in Canada, France, the U.K. and the U.S., has closed on...
Cordelio Sells Interest in Denfield Portfolio
Cordelio Power and Axium Infrastructure, an independent portfolio management firm, say Axium has purchased a 49% interest in Cordelio's Ontario renewable portfolio. The 396...