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Siemens nixes first US wind blade factory project
Renewables North AmericaSiemens Gamesa Renewable Energy has pulled out of its $200 million Portsmouth, Virginia, offshore wind blade manufacturing facility, citing turbulence in the industry
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Madison Energy closes $450m debt financing for C&I solar
Renewables North AmericaRenewables developer Madison Energy Infrastructure has closed a $450 million debt financing from a club of seven banks to develop and deployment of its commercial and industrial projects
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Altus closes on extra $200m from Blackstone
Renewables North AmericaAltus Power, an independent developer, owner, and operator of commercial-scale solar facilities, has closed on a $200 million facility from private equity giant Blackstone
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NADBank provides loan for Cali medical facilities
Social & Defence North AmericaNorth American Development Bank and Clínicas de Salud del Pueblo California have provided a $36 million loan for the design, construction and operation of outpatient medical facilities in the City of Imperial, California
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Volvo to acquire bankrupt Proterra's EV battery biz
Renewables North AmericaVolvo Group has won an auction bid to acquire the Proterra Powered business and assets of recently bankrupt electric vehicle battery developer Proterra
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NYSCRF commits €100m to Antin V
Renewables North AmericaThe New York State Common Retirement Fund has made a €100 million investment into Antin Infrastructure Partners
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TxDOT provides $36m for Port Houston upgrades
Transport North AmericaThe Texas Department of Transportation has given $36 million to Port Houston as a contribution to redevelopment work
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TotalEnergies to buy US gas-fired plants
Renewables North AmericaFrench energy company TotalEnergies is to buy 3 gas-fired power plants in Texas from TexGen for $635 million
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NuScale's nuclear project scrapped amid rising costs
Power North AmericaThe Utah Associated Municipal Power Systems and NuScale Power Corporation have terminated their Carbon Free Power Project located at the Idaho National Laboratory
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Pennsylvania America Water settles wastewater acquisition
Social & Defence North AmericaPennsylvania American Water has secured approval from the Pennsylvania Public Utility Commission for its $230 million acquisition of the Butler Area Sewer Authority wastewater system in Pennsylvania
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CalPERS makes $450 million infra fund co-investments
Power North AmericaThe California Public Employees Retirement System has added $600 million to its real assets portfolio, including $450 million in new commitments through co-investment vehicles to infrastructure funds
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Connecticut Retirement mulls $200 million Stonepeak investment
Power North AmericaThe Investment Advisory Committee of the Connecticut Retirement Plans and Trust Funds is planning an investment of up to $200 million into Stonepeak Infrastructure Fund V
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FirstEnergy preps $935m NJ grid investment
Power North AmericaFirstEnergy is planning a 5-year, $935 million transmission infrastructure upgrade in New Jersey
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Quantum Capital hires fundraising veteran
Renewables North AmericaQuantum Capital Group, the energy-focused private equity firm, has hired David Altshuler partner and co-head of client solutions
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Cubico names head of legal in US
Renewables North AmericaCubico Sustainable Investments has appointed Andrew Coffield as head of legal, US
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Drax to grow carbon removal market with fintech platform
Power North AmericaUK power generation business Drax has partnered with fintech platform Patch to grow the private investment market in carbon dioxide removals
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Arevon inks Vikings solar-plus-storage project financing
Renewables North AmericaRenewables developer Arevon has closed a $529 million financing package, including a tax credit transfer agreement, for its Vikings solar-plus-storage project in California
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Eversource preps offshore wind JV stake sale
Renewables North AmericaEversource Energy is looking to sell its 50% stake in its offshore wind joint venture with Danish energy giant Ørsted, which includes 3 projects totaling 1.7GW
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Mubadala appoints US head of infra partnerships
Renewables North AmericaJean Francois Roberge has joined Abu Dhabi fund Mubadala as head of partnerships for the Infrastructure Americas division