February 11, 2021
French-based Total SE—an integrated oil and gas company—has recently acquired a development pipeline of 2.2 GW of solar projects and 600 MW of battery energy storage systems (BESS) in Texas, from SunChase Power—a renewable energy company, developing utility-scale solar energy projects and MAP RE/ES—the renewable energy business of a private energy investment firm, MAP Energy.
December 17, 2020
US-based Ormat Technologies Inc. recently announced the acquisition of a shovel-ready (about to begin construction soon) energy storage asset in Upton County, Texas, from Con Edison Development—engaged in the development of renewable and energy infrastructure assets throughout the US.
October 13, 2020
The California Energy Commission (CEC) has recently awarded USD1.2 million to Indian Energy LLC—a utility-scale and microgrid development and systems integration firm—to demonstrate a non-lithium, long-duration, ion energy storage solution.
October 5, 2020
The Washington DC-based global engineering and design firm, Stantec, recently announced the acquisition of Teshmont—a Canadian-based electrical engineering consulting company, specialising in high voltage (HV) power transmission and distribution engineering.
September 30, 2020
NextEra Energy Transmission (NEET), LLC—a subsidiary of NextEra Energy Inc., has recently announced that it has entered into definitive agreements with affiliates of Blackstone Energy Partners to acquire GridLiance Holdco, LP and GridLiance GP, LLC (together, GridLiance) for approximately USD660 million, including the assumption of debt.
August 3, 2020
The New York Power Authority (NYPA) and the German multinational conglomerate, Siemens Energy, have announced a new partnership to develop a Center of Excellence on industrial cybersecurity.
July 24, 2020
The Government of Canada and Prince Edward Island have announced CAD44 million funding for a new 106-km transmission line (and related equipment) to support future wind energy generation projects on the western side of the island.
March 26, 2020
Koch Engineered Solutions (KES), a unit of Kansas-based Koch Industries Inc., has acquired California-based Sentient Energy, a company providing distribution grid transformation, intelligent line sensors and grid analytics software for fault detection, outage prevention, and safe, reliable power delivery.
March 4, 2020
GridLiance Holdco, through its GridLiance Heartland LLC subsidiary, has closed the acquisition of six transmission lines from Vistra Energy’s subsidiary, Electric Energy Inc. (EEI).
January 27, 2020
Reportedly, Michigan Electric Transmission Company, LLC (METC), a subsidiary of ITC Holdings, has entered into an unsecured term loan credit agreement for USD75 million with various lenders on January 23, 2020.
January 22, 2020
LS Power Grid California, LLC has been selected by the California Independent System Operator (CAISO) as the developer of the Gates 500 kV Dynamic Reactive Power Support Project.
December 19, 2019
Canadian Utilities Limited, an ATCO Group company, and Quanta Services, Inc. have completed the sale of their 40 per cent stake in Alberta PowerLine LP (APL) to seven indigenous communities in Alberta.
October 10, 2019
New Mexico Public Regulation Commission (NMPRC) has approved the acquisition of Western Spirit transmission project from Renewable Energy Transmission Authority of New Mexico (RETA) and San Francisco-based Pattern Energy Group 2 LP (doing business as Pattern Development), by Public Service Company of New Mexico (PNM) – the wholly-owned subsidiary of PNM Resources.
September 25, 2019
Seven indigenous communities have agreed to acquire a combined 40 per cent equity ownership in Alberta PowerLine LP (APL) for undisclosed financial terms.
August 20, 2019
Canadian federal government has announced CAD6.8 million funding for a transmission line proposed by Nalcor Energy (owned by Government of Newfoundland and Labrador) to connect its Menihek hydro station with Tata Steel Minerals Canada's processing facility near the border of Newfoundland, Labrador and Quebec, where iron ore is mined.
August 14, 2019
Illinois-based electric power equipment supplier, G&W Electric, has acquired Italian voltage and current sensor manufacturer, Altea S.R.L., to expand its reach in electrical power grid automation.
July 22, 2019
The Government of Canada has awarded CAD1.6 billion federal funding for the Wataynikaneyap Transmission Project being developed by Wataynikaneyap Power, a licensed transmission company owned by 24 First Nations communities and FortisOntario Incorporated (FortisOntario)—a subsidiary of Fortis Incorporated, in Canada.
July 18, 2019
NextEra Energy Transmission LLC has completed the acquisition of Trans Bay Cable (TBC) from SteelRiver Transmission Company, LLC—an indirect subsidiary of SteelRiver Infrastructure Fund North America.
June 26, 2019
A consortium, comprising Greystone Managed Investments—a part of Canadian Greystone Infrastructure Fund LP, and IST3 Investment Foundation [on behalf of its investment group IST3 Infrastruktur Global (IST3 IG), a Swiss investment foundation], has entered into a definitive agreement to jointly acquire up to 100 per cent shares of Alberta PowerLine LP (APL), a partnership owned 80 per cent by Canadian Utilities Limited — an ATCO Group, and 20 per cent by Quanta Services, Inc.
June 24, 2019
The Federal Energy Regulatory Commission (FERC) has approved the request of Consumers Energy Company (a subsidiary of CMS Energy Corporation with operations in Michigan’s Lower Peninsula) and Michigan Electric Transmission Company (METC) (a subsidiary of ITC Holdings) for the acquisition of certain transmission assets of the former by the latter.