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August 2016

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M&As this week: China Three Gorges Corporation and Spark Energy 26 August 2016 China Three Gorges Corporation has reached an agreement with Blackstone Group to acquire its subsidiary BCP Meerwind Luxembourg in exchange for €645.4m...

Deals this week: Korea Electric Power Corporation, EDF EN Canada, and Alpiq Holding 26 August 2016 Korea Electric Power Corporation has announced its intention to acquire Cogentrix Energy Power Management from Carlyle Group in exchange for approximately...

Report: Installed capacity of grid-connected global BESS to exceed 14GW by 2020 26 August 2016 The installed capacity of global battery energy storage system (BESS) is projected to increase from 1.5GW in 2015 to more than 14 GW by 2020, according to a new report from...

Tenaska Pennsylvania Partners begins construction at Tenaska Westmoreland Generating Station 25 August 2016 Tenaska Pennsylvania Partners has broken ground at the Tenaska Westmoreland Generating Station, a 925 MW natural gas-fuelled power plant near Smithton in Westmoreland County of...

Van Oord completes installation of wind turbines at Gemini Offshore Wind Park 25 August 2016 Van Oord’s offshore installation vessel Aeolus has installed the final turbine at the Gemini Offshore Wind...

SgurrEnergy secures construction, operational monitoring contract for 396MW Merkur offshore windfarm 25 August 2016 SgurrEnergy has been awarded a construction and operational monitoring contract for the 396MW Merkur offshore windfarm in the German North...

ADB offers $810m loan to Pakistan to boost power supply 24 August 2016 Asian Development Bank (ADB) has provided a $810m multi-tranche loan to develop Pakistan's power transmission...

Recurrent Energy begins commercial operation of Mustang solarpower project in California 24 August 2016 Canadian Solar's completely owned subsidiary Recurrent Energy has commenced commercial operation of the 100 MWac/134 MWp Mustang solarpower project in Kings County,...

EDF EN Canada sells 15% undivided interest in 350MW Riviere-du-Moulin Wind Project 24 August 2016 A unit of EDF Energies Nouvelles Group EDF EN Canada has completed a divestment of 15% undivided interest in the 350MW Riviere-du-Moulin Wind Project to the Regional County Muncipality (RCM)...

Dynasil's contract research unit RMD secures grants from US Department of Energy 23 August 2016 Dynasil Corporation of America's contract research unit RMD has secured grants of $1.86m under the US Department of Energy's Small Business Innovation Research (SBIR) and Small Business...

X Energy signs MoU for commercialising and deploying Xe-100 23 August 2016 X Energy and a unit of Southern Nuclear Operating Company (Southern Nuclear) have signed a memorandum of understanding for commercialising and deploying high-temperature gas-cooled reactor...

Pöyry gains technical owner's engineer services deal for UK biomass power plant 23 August 2016 Pöyry has been awarded the technical services aspect of PX Engineering Consultants' technical engineering contract with MGT Power Ltd for the 299MWe biomass CHP Plant, which is being developed...

ThomasLloyd and IFC sign $161m loan agreements 22 August 2016 ThomasLloyd CTI Asia Holdings and International Finance Corporation (IFC) have signed $161m loan agreements for the 70MW biomass portfolio on Negros Island in the...

wpd secures order for onshore windfarms in Chile 22 August 2016 wpd has secured an order in tender for onshore windfarms with a combined capacity of...

Vestas to supply 100MW turbines to Apple Blossom wind project in Michigan 22 August 2016 Vestas Wind Systems, a Danish wind turbine maker, has secured a firm order for the delivery of 100MW of its turbines to a project in Michigan, the...

Deals this week: Southern Company, Baltimore Gas and Electric Company, and NRG Yield 19 August 2016 Southern Company has priced an underwritten public offering of 32.5 million shares of its common stock at $49.23 each to raise...

Orenda Energy to raise $25m to build windfarms in UK 19 August 2016 A global manufacturer of wind turbines Orenda Energy Solutions plans to raise $25m through US investment banks to construct its own distributed windfarms across the...

ACCIONA Energía secures renewable energy award worth 506 GWh/year in Chile 19 August 2016 ACCIONA Energía Chile has secured a tender for 506 GWh/year of electricity output for 20...

Black & Veatch to provide EPC servives for 925MW power plant in Pittsburgh, US 19 August 2016 Black & Veatch has secured a contract from US-based Tenaska to provide engineering, procurement, and construction (EPC) services for a new 925MW natural gas combined cycle power...

M&As this week: Hydro One and RambollGroup 19 August 2016 Hydro One has reached a definitive agreement to acquire Orillia Power Distribution Corporation (OPDC) in exchange for C$41.3m...

Tata Power Solar commissions 100MW solar project for NTPC in India 18 August 2016 Tata Power Solar has commissioned a 100MW project for National Thermal Power Corporation (NTPC) in Anantapur,...


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