After weeks of lobbying and debate, the US House of Representatives has voted to pass the $2.2 trillion Build Back Better reconciliation bill through to the US Senate, in what could be the first rumblings of a significant upheaval in the renewables tax credit system
Warburg Pincus-backed distributed generation and microgrid start-up Scale Microgrid Solutions has committed up to $55 million to finance and acquire a portfolio of development-stage community solar projects in New York City
In a deal that came down to the wire, Ares Management Corp has closed the refinancing of Panda Power’s 778MW combined-cycle, gas-fired Stonewall project in Virginia, which it is in the process of acquiring
NextEra Energy Resources is planning to drop a roughly 1,260MW portfolio of renewable energy projects into its yield company, NextEra Energy Partners, which the yieldco will then finance with convertible equity from Apollo Global Management
Thank you for printing this article from IJGlobal.
As the leading online publication serving the infrastructure investment market, IJGlobal is read daily by decision-makers within investment banks, international law firms, advisory firms, institutional investors and governments.
If you have been given this article by a subscriber, you can contact us through www.ijglobal.com/signup, or call our London office on +44 (0)20 7779 8870 to discuss our subscription options.