May 2, 2022
GridTek Utility Services, a leading provider of electrical transmission and distribution maintenance, repair and upgrade services for utility and industrial customers, and a First Reserve portfolio company, announced it has successfully signed and closed on the simultaneous acquisitions of American Power, LLC and Valiant Energy Services, LLC.
January 13, 2022
British engineering firm, Babcock International Group PLC, has sold its overhead line (OHL) power business to infrastructure service provider, M Group Services (MGS), which is backed by international private equity firm PAI Partners.
January 12, 2022
Goldman Sachs announced USD250 million investment in long-duration energy storage provider, Hydrostor, which uses novel, advanced compressed air energy storage (A-CAES) technology.
December 30, 2021
MasTec, Inc announced that it has completed the acquisition of Henkels & McCoy Group, Inc. (Henkels), one of the leading private electrical power transmission and distribution (T&D) construction firms in the US.
December 22, 2021
GE Digital has entered into an agreement to acquire Opus One Solutions Energy Corporation (Opus One), a software company that helps electric utilities optimise energy planning, operations, and market management.
December 20, 2021
MasTec, Inc. has signed a definitive agreement to acquire Henkels & McCoy Group Inc., one of the leading private electrical power transmission and distribution utility construction firms in the US.
December 14, 2021
The wholly-owned subsidiary of PNM Resources, Public Service Company of New Mexico (PNM), announced that it has closed on its purchase of the Western Spirit transmission line, and service under the transmission service agreements has begun.
December 7, 2021
TransWest Express LLC (a wholly-owned affiliate of The Anschutz Corporation) has agreed to sell 1,500 MW of capacity on the Wyoming─Nevada transmission line [also known as the TransWest Express (TWE) Project] to Power Company of Wyoming (PCW).
November 30, 2021
NextEra Energy Resources LLC, a subsidiary of NextEra Energy Inc, has announced the completion of a 2,520-MW portfolio of wind, solar, and energy storage assets spread across nine states in the US.
November 24, 2021
Canadian Solar's CSI Solar business unit announced the signing of a framework agreement with Contemporary Amperex Technology Company Limited (CATL), to collaborate on battery energy storage systems (BESS), lithium-ion battery module supply, battery storage project operation and maintenance services, and innovative renewable energy technology.
November 16, 2021
Bentley Systems Incorporated, an infrastructure engineering software company, announced that it has reached a definitive agreement with private equity firm TA Associates to buy Power Line Systems for USD700 million.
November 12, 2021
The US Trade and Development Agency (USTDA) has approved a grant for undertaking a feasibility study led by the West African Power Pool (WAPP) for a 225 kV transmission line to connect Ivory Coast with Liberia. The aim of the project is to expand access to electricity in West Africa through new transmission infrastructure.
November 10, 2021
Plus Power, an independent developer of transmission-connected battery energy storage facilities in Hawaii, announces the completion of a credit facility for its 185 MW/565 MWh Kapolei Energy Storage (KES) project.
October 28, 2021
General Electric (GE) announced that it has been awarded a total of USD3.7 million in funding from the US Department of Energy’s (DOE) Advanced Research Projects Agency-Energy (ARPA-E) for two related projects to help accelerate the decarbonisation of the US electrical grid.
October 28, 2021
According to the new rules approved by the Texas Public Utility Commission (PUC) to boost the grid's resiliency during winter, operators of power plants and transmission lines that are part of the Texas electric grid have until December 1, 2021 to fix known problems that led to failures during last February's deadly freeze.
October 26, 2021
Liberty Utilities Co., an indirect subsidiary of Algonquin Power & Utilities Corporation, has agreed to acquire Kentucky Power Company and AEP Kentucky Transmission Company Inc. (Kentucky TransCo) from American Electric Power (AEP) for a total purchase price of approximately USD2,846 million, including the assumption of approximately USD1,221 million in debt.
October 19, 2021
Quanta Services Inc. announced that it has completed the acquisition of Blattner Holding Company (Blattner), one of the largest and leading utility-scale renewable energy infrastructure solutions providers in North America Blattner, based in Avon, Minnesota, provides front-end engineering, procurement, project management, and construction services for wind, solar, and energy storage and transmission projects.
September 27, 2021
Pennsylvania-based PPL Corporation has announced that it has reached an agreement to acquire an ownership position in the proposed 525 kV underground high voltage direct current (HVDC) SOO Green Link aimed at connecting the Midcontinent Independent Service Operator (MISO) and PJM Interconnection regional energy markets.