Category: North America Deal Watch

Aypa Power closes deal for BESS in Texas

Aypa 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.

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GridTek announces acquisitions of American Power and Valiant Energy Services

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.

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UK’s Babcock International sells OHL business

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.

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PNM closes deal on Western Spirit transmission line

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.

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Canadian CSI Solar inks framework agreement with Contemporary Amperex Technology

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.

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USTDA provides grant for feasibility study by WAPP

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.

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