London-based investment company Gore Street Energy Storage Fund PLC, has agreed to acquire a 75 MW/150 MWh pre-construction energy storage project in Texas from an undisclosed company. This will expand its US portfolio to 144.7...
Read MoreThe Federal Emergency Management Agency (FEMA), an agency of the US Department of Homeland Security (DHS), has provided funds worth USD600 million to Puerto Rico Electric Power Authority (PREPA) for repair works on 12...
Read MoreACCIONA Energía has entered into an agreement with Qcells, a subsidiary of the South Korean industrial group Hanwha Corporation, to acquire the 190 MW/380 MWh Cunningham battery energy storage system (BESS) project, the largest...
Read MoreCanadian Hydro One Networks Inc. (Hydro One) and Lac des Mille Lacs First Nation have advanced their collaboration by signing an equity agreement on the Waasigan Transmission Line project. Lac des Mille Lacs First Nation is one...
Read MoreIndiana-based NiSource Inc. plans to sell up to 19.9 per cent of its regulated subsidiary, Northern Indiana Public Service Company (NIPSCO), to fund its long-term growth plans. The latter includes a 2040 net-zero emissions goal...
Read MoreCHPE LLC has achieved financial closure for the planned USD6 billion Champlain Hudson Power Express (CHPE) transmission line. This allows the developer, which is owned by Blackstone Inc’s subsidiary Transmission Developers...
Read MoreGridStor, a developer and operator of grid-scale battery energy storage systems (BESS), has acquired a portfolio of under-construction BESS projects in the greater Los Angeles areas from San Diego-based Upstream Energy. The...
Read MoreEngie SA, the North American arm of a French energy company, has acquired a 6 GW portfolio of solar and battery storage projects from Belltown Power US, a renewable energy company. The portfolio includes 33 projects in the...
Read MoreThe Alaska Energy Authority (AEA) board of directors have approved USD175 million in bond financing for the transmission upgrades and battery storage associated with the Bradley Lake Hydroelectric Project. The bond issue by AEA,...
Read MoreNational Grid USA has collaborated with VEIR, an early-stage technology company based in Woburn, Massachusetts, to develop technology to achieve superconducting transmission over long distances. The two companies are working to...
Read MoreCanadian Hydro-Québec has partnered with Ville de Montréal or the City of Montreal for construction of the new 315/25 kV Hochelaga substation. Hydro-Québec has reached an agreement with the owner of the property to the north of...
Read MorePPL TransLink Inc—a subsidiary of Pennsylvania-based energy provider PPL Corporation, and WindGrid—a subsidiary of Belgium’s Elia Group SA, have announced a collaboration for construction and operation of onshore transmission...
Read MoreTerna USA, the recently founded new company of Italy’s Terna Group; French Meridiam, a France-based independent investment benefit corporation; and Boundless Energy, a US-based transmission project developer, have signed a Joint...
Read MoreUtility services company, United Utility Services, has entered into a definitive agreement to acquire BHI Power Delivery, a leading provider of utility transmission and distribution (T&D) services from Westinghouse Electric...
Read MoreThe Saudi Electric Company (SEC) has raised over USD3.56 billion to support its long-term growth and the development of a Saudi Arabia–Egypt electricity interconnection project.
Read MoreCypress Creek Renewables has acquired four Texas standalone battery energy storage system (BESS) projects from Black Mountain Energy Storage (BMES).
Read MoreAypa Power, a Blackstone portfolio company, has closed a USD88-million construction and term loan facility for its 173-MWh Wolf Tank standalone battery energy storage system (BESS) in Texas.
Read MorePattern Energy Group has announced that it has acquired the first phase of the 525 kV SunZia transmission project from SouthWestern Power Group.
Read MoreGridTek 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.
Read MoreBritish 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.
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