News

Great Bay Renewables Announces New $30 Million Investment with Apex Clean Energy

Portsmouth, NH (February 29, 2024) - Great Bay renewables ("Great Bay") today announced it has entered into a $30 million royalty investment with Apex Clean Energy ("Apex") related to Apex's 195 MWac Angelo Solar project in Tom Green County, Texas ("Angelo"), which is anticipated to achieve commercial operations in May 2024. Apex is an established ... Read more

Vesper Energy Closes $590 Million in Financing for its Hornet Solar Project

January 31, 2024 Texas site is one of nation’s largest single-phase solar projects, will monetize more than $500 million of Production Tax Credits (PTCs) over 10 years Dallas, TX January 31, 2024 — Vesper Energy, a developer, owner, and operator of utility-scale renewable energy assets, today announced the closing of financing for its Hornet Solar project. The ... Read more

CCA Group Elects New Partners and Adds Staff

Boston, January 30, 2024 – CCA Group, LLC is pleased to announce the promotion of Andrew Briggs, Matthew Cammack, and Jay Chang to partners.  CCA Group is a leading provider of capital markets and advisory services in the United States’ renewable energy and energy infrastructure markets. “Andy, Matt, and Jay have each contributed significantly to ... Read more

Intersect Power Reaches Commercial Operation of 679 MWP / 1 GWH Oberon Solar + Storage Project in California

OAKLAND, Calif., November 14, 2023 – Intersect Power, LLC (“Intersect Power” or “Intersect”) today announced the commercial operation of its Oberon Solar + Storage project, located in Riverside County, California. The Oberon project generates 679 MWp/500 MWac of reliable solar energy, enough to power over 207,000 homes a year, and features 250 MW/1 GWh of co-located storage.   ... Read more

Copenhagen Infrastructure Partners and Avangrid Announce Largest Single Asset Tax Equity Financing and First Large-Scale Offshore Transaction in the U.S.

BOSTON and COPENHAGEN, Denmark, Oct. 25, 2023 (GLOBE NEWSWIRE) -- Copenhagen Infrastructure Partners (CIP), a global leader in green energy investment, and Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and member of the Iberdrola Group, announced today that the Vineyard Wind 1 project closed a first-of-its-kind tax equity package for commercial-scale offshore wind ... Read more

Great Bay Renewables Announces New $45MM Financing of U.S. Solar, Solar Plus Energy Storage and Standalone Energy Storage Developer with 5.3 GW Pipeline

Portsmouth, NH (June 21, 2023) – Great Bay Renewables, LLC (“Great Bay”) today announced it has entered into a transaction with U.S. renewable energy developer, Hexagon Energy, LLC (“Hexagon”), to gain future royalties related to Hexagon’s portfolio of solar, solar plus energy storage and standalone energy storage development projects. Great Bay is jointly controlled by ... Read more

Enel Partners with Nestle’ for Investment in Ganado Solar Project

Andover, MA – March 22, 2023 – Enel North America, a leading clean energy company in North America, has partnered with Nestlé to be the sole tax equity investor for its 208 MWdc Ganado solar-plus-storage project in Jackson County, Texas. Nestlé will also purchase the renewable energy attributes from the entire output of the solar plant, helping advance the ... Read more

Great Bay Renewables Announces Acquisition of $18 Million Royalty on Operating Wind Project

Portsmouth, NH (December 20, 2022) – Great Bay Renewables (“Great Bay”) today announced it has entered into an agreement to acquire an existing royalty agreement (the “Royalty”) on a portion of an operating wind project (the “Project”) from Apex Clean Energy (“Apex”) for $18 million, subject to standard working capital and other adjustments. The Project is ... Read more

Great Bay Renewables Announces Second Operating Project Royalty Investment with Longroad Energy

Portsmouth, NH (December 1, 2022) – Great Bay Renewables (“Great Bay”) today announced it has entered into a $46 million royalty investment with Longroad Energy (“Longroad”) to support Longroad’s acquisition of the 70 MWac Titan Solar project in Imperial County, CA (“Titan”). Titan represents Great Bay’s first royalty investment in California. Longroad is a top-tier developer, ... Read more

ClearGen Acquires Partnership Interests in 1.4 GW Wind Farm Portfolio From MUFG

ClearGen LLC, a portfolio company of Blackstone Credit’s Sustainable Resources Platform, has made an investment in a portfolio of partnership interests in 25 wind farms totaling 1.4 net GW of existing generation capacity throughout the United States, according to a press release. The Sustainable Investing Group within Goldman Sachs’ Asset Management (Goldman Sachs) provided tax ... Read more