SPP

Industry Veterans Team Up, Bring Development Expertise to Projects in ERCOT, SPP, and MISO

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화요일, 5월 7, 2024

Greenbelt's development focuses on areas that are rich in wind and solar resources and power markets that are at the forefront of the energy transition.

Key Points: 
  • Greenbelt's development focuses on areas that are rich in wind and solar resources and power markets that are at the forefront of the energy transition.
  • Together, they have successfully originated, developed, and constructed more than 5 GW of renewable energy projects.
  • The two are now advancing a portfolio of more than 2 GW of wind, solar, and battery storage projects in ERCOT, SPP, and MISO.
  • Moore's and Smith's team includes fellow Ørsted alumni Lucas Buseck, Director of Development and Emily Obradovich, Director of Finance.

CLARK CONSTRUCTION SMALL BUSINESS INCLUSION PROGRAM RESULTS IN NEARLY ONE BILLION DOLLARS IN CONTRACT AWARDS NATIONWIDE SINCE ITS CREATION

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금요일, 5월 3, 2024

Launched in 2021, this voluntary small business inclusion initiative applies to every Clark project that does not otherwise have a small business participation goal dedicating a minimum participation target of 15 percent from small, disadvantaged-, minority-, and women-owned firms.

Key Points: 
  • Launched in 2021, this voluntary small business inclusion initiative applies to every Clark project that does not otherwise have a small business participation goal dedicating a minimum participation target of 15 percent from small, disadvantaged-, minority-, and women-owned firms.
  • The SDBE15 program is a component of Clark’s holistic approach to developing and mentoring small and diverse-owned business enterprises.
  • Established nearly 18 years ago, Clark’s Strategic Partnership Program (SPP) provides an intensive executive MBA-style development course targeted to small business leaders at no cost.
  • Bringing together small business leaders with Clark executives, prime businesses, and local certifying agencies, Clark’s Small and Diverse Business Expo (SDBX) pairs networking and education in a conference format.

Spearmint Energy Adds Senior Talent

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화요일, 4월 16, 2024

Spearmint Energy (“Spearmint” or the “Company”), a next-generation renewable energy company enabling the clean energy revolution through battery energy storage, today announced the addition of four senior hires who bring a diverse mix of project finance, capital markets, regulatory affairs, and commercial operations experience to Spearmint’s growing team.

Key Points: 
  • Spearmint Energy (“Spearmint” or the “Company”), a next-generation renewable energy company enabling the clean energy revolution through battery energy storage, today announced the addition of four senior hires who bring a diverse mix of project finance, capital markets, regulatory affairs, and commercial operations experience to Spearmint’s growing team.
  • Merchant has more than two decades of experience working in the energy and commodities finance industry, including across debt capital markets, energy trading and structured derivatives, and project and structured finance.
  • Jack Clark III, Director of Regulatory – ERCOT & SPP – Mr. Clark brings more than 20 years of regulated and non-regulated energy industry operations experience to Spearmint.
  • Andrew Waranch, Founder, President, and Chief Executive Officer of Spearmint, said, “We are pleased to continue to scale the Spearmint team with exceptional talent and strengthen our capabilities across project finance, capital markets, regulatory affairs, and commercial operations.

AAR signs extension and expansion of V2500 engine component distribution agreement with Sumitomo Precision Products

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목요일, 4월 11, 2024

WOOD DALE, Ill., April 11, 2024 /PRNewswire/ -- AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, has signed an extension and expansion of its V2500 engine component distribution agreement with Sumitomo Precision Products Co., Ltd. (SPP).

Key Points: 
  • WOOD DALE, Ill., April 11, 2024 /PRNewswire/ -- AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, has signed an extension and expansion of its V2500 engine component distribution agreement with Sumitomo Precision Products Co., Ltd. (SPP).
  • Under the agreement, AAR has extended its exclusive agreement to distribute the V2500 pneumatic starter and starter control valve on behalf of SPP for the life of the program.
  • "AAR is proud to expand and extend our support of Sumitomo Precision Products on this critical engine component," said Paige Immordino, AAR's Vice President of Distribution – Commercial.
  • "AAR has been a valued partner to Sumitomo Precision Products since 2017, and we are pleased to extend our distribution relationship through this agreement."

Amshore Unveils New Solar and Battery Storage Project in Texas

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수요일, 3월 27, 2024

Amshore® Renewable Energy today announced a new Texas solar and battery project available to businesses and investors looking to acquire for their renewable energy portfolios.

Key Points: 
  • Amshore® Renewable Energy today announced a new Texas solar and battery project available to businesses and investors looking to acquire for their renewable energy portfolios.
  • For the new Route 66 Solar + Battery Project , Amshore secured site control of approximately 1,500 usable acres, providing ample space for development while minimizing environmental impact.
  • The community surrounding the project site is highly motivated and ready to collaborate on renewable energy initiatives.
  • “We’ve identified the site, analyzed the studies and secured the land, and Route 66 is primed to become the next great solar and battery project.”
    The Route 66 Solar + Battery Project is available to utility companies and independent power producers looking to expand their renewable energy footprint throughout North America.

Ørsted Divests Share of Four US Onshore Wind Farms to Stonepeak

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수요일, 3월 13, 2024

Ørsted has signed a transaction with Stonepeak, a leading alternative investment firm specialising in infrastructure and real assets, whereby Ørsted will divest to Stonepeak an equity ownership stake in a portfolio consisting of four US onshore wind farms with a total capacity of 957 MW.

Key Points: 
  • Ørsted has signed a transaction with Stonepeak, a leading alternative investment firm specialising in infrastructure and real assets, whereby Ørsted will divest to Stonepeak an equity ownership stake in a portfolio consisting of four US onshore wind farms with a total capacity of 957 MW.
  • Going forward, Stonepeak will receive 80% of the cash distributions associated with the projects, while Ørsted will continue to operate the portfolio of assets.
  • We look forward to partnering closely with Ørsted on this highly contracted, geographically diverse portfolio.”
    The portfolio consists of four wind farms across three states: The Ford Ridge Wind project in Illinois, the Helena Wind and Western Trail Wind projects in Texas, and the Sunflower Wind project in Kansas.
  • Ørsted currently has a portfolio of nearly 6 GW of onshore wind, solar, and battery storage projects in operation and under construction across the US.

Aardex Debuts Stellera: Championing End-to-End Clean Energy Development Across the Rocky Mountain and Midwest regions

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목요일, 3월 28, 2024

DENVER, March 28, 2024 /PRNewswire/ -- Aardex, a data-driven, community-minded real estate investment and development firm that has built out more than 1.5 million square feet of projects over the last 40 years, today announced the launch of a new company, Stellera, which will focus on end-to-end development of community solar projects with a focus on communities disproportionately impacted by the energy transition.

Key Points: 
  • Amid a changing regulatory environment, communities nationwide are moving toward renewable energy sources to meet ambitious state and federal decarbonization targets.
  • Demand for renewable energy is anticipated to grow exponentially in the coming years, with community solar as a leading growth market.
  • Stellera is actively seeking project development opportunities and will focus primarily on community solar projects in the Rocky Mountain and Midwest regions.
  • For more information on Stellera and how it's bringing clean energy to North America, visit: www.stellera.com .

Final Days to Register | Fundamentals of Grid Batteries Course: Valuation, Design, Procurement, and Operations (Houston, United States - April 2-3, 2024)

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금요일, 3월 15, 2024

DUBLIN, March 15, 2024 /PRNewswire/ -- The "In-Depth Seminar: Grid Batteries: Valuation, Design, Procurement, and Operations" training has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, March 15, 2024 /PRNewswire/ -- The "In-Depth Seminar: Grid Batteries: Valuation, Design, Procurement, and Operations" training has been added to ResearchAndMarkets.com's offering.
  • The instructor runs a consulting practice and has many examples of the items in the training to show.
  • Where applicable the Acelerex Grid Analytics planning tools will be used for examples for BESS modeling and simulations.
  • Available financing options for ESS plants with application mapping - added with case studies - for utilities, commercial industrial, and residential.

Ørsted divests share of four US onshore wind farms to Stonepeak

Retrieved on: 
수요일, 3월 13, 2024

Through the partnership with Stonepeak, Ørsted will recycle capital to support its business plan and future value-creating renewable energy projects.

Key Points: 
  • Through the partnership with Stonepeak, Ørsted will recycle capital to support its business plan and future value-creating renewable energy projects.
  • Ørsted has signed a transaction with Stonepeak, a leading alternative investment firm specialising in infrastructure and real assets, whereby Ørsted will divest to Stonepeak an equity ownership stake in a portfolio consisting of four US onshore wind farms with a total capacity of 957 MW.
  • Going forward, Stonepeak will receive 80 % of the cash distributions associated with the projects, while Ørsted will continue to operate the portfolio of assets.
  • Ørsted currently has a portfolio of nearly 6 GW of onshore wind, solar, and battery storage projects in operation and under construction across the US.

ENGIE announces $1bn Tax Equity Financing for more than 1.3 GW of U.S. Renewables Assets

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화요일, 2월 27, 2024

HOUSTON, Feb. 27, 2024 (GLOBE NEWSWIRE) -- ENGIE North America (ENGIE) announced that it recently completed more than $1bn of Tax Equity financing, through separate agreements with three banks, J.P. Morgan, Goldman Sachs and BNP Paribas.

Key Points: 
  • HOUSTON, Feb. 27, 2024 (GLOBE NEWSWIRE) -- ENGIE North America (ENGIE) announced that it recently completed more than $1bn of Tax Equity financing, through separate agreements with three banks, J.P. Morgan, Goldman Sachs and BNP Paribas.
  • The financing pertains to a portfolio of recently commissioned renewable projects in the U.S.
  • The aggregate 1.3 GW of these renewable projects represents one of the largest Tax Equity financing arrangements for ENGIE North America so far.
  • “This transaction reflects our proven and recognized track record in developing, building and operating renewables assets, both in North America and globally”.