SWEPCO

Natixis Corporate & Investment Banking leads $1.27Bn construction financing of four renewable energy projects for Invenergy

Retrieved on: 
Friday, March 22, 2024
AEP, Natixis, American Electric Power, Diversion, PSO, Public service company, Wind, Investment banking, Senior, Capital market, SWEPCO, Renewable energy

NEW YORK, March 22, 2024 /PRNewswire/ -- Natixis Corporate and Investment Banking (Natixis CIB) has closed a series of financings to support the development and construction of Invenergy's renewable power projects in Kansas and Texas.

Key Points: 
  • NEW YORK, March 22, 2024 /PRNewswire/ -- Natixis Corporate and Investment Banking (Natixis CIB) has closed a series of financings to support the development and construction of Invenergy's renewable power projects in Kansas and Texas.
  • Diversion, a 200 MW wind project located in Baylor and Wilbarger Counties, Texas.
  • Flat Ridge IV, a 135 MW wind project located in Harper and Kingsman Counties, Kansas.
  • This series of financings demonstrates Natixis' commitment to accelerating the energy transition and supporting its clients along the way," said James Kaiser, Managing Director, and Head of North America Infrastructure & Energy Finance at Natixis CIB.

Rockline Industries Reaches Major Conservation Milestone

Retrieved on: 
Thursday, October 5, 2023
Partnership, Farm, American Electric Power, Plant, Wind, Renewable energy, Carbon, Electricity, EnergySolutions, AEP, Education, Environment, Marketing, Coffee, Energy efficiency, SWEPCO, Rockline

SPRINGDALE, Ark. , Oct. 5, 2023 /PRNewswire/ -- Rockline Industries, one of the world's leading manufacturers of coffee filters and consumer, medical and commercial wet wipes, recently announced a 36 percent reduction of greenhouse gas emissions at its Arkansas plants as a result of a comprehensive sustainability strategy that included participation in Southwestern Electric Power Company's, (SWEPCO) Renewable Energy Choice program. SWEPCO provides renewable energy to the company's Booneville and Springdale, Arkansas plants from its three wind farms in north-central Oklahoma.

Key Points: 
  • Rockline Industries recently announced a 36 percent reduction of greenhouse gas emissions at its Arkansas plants.
  • Rockline Industries made a long-term commitment in 2008 to adopt more sustainable business practices.
  • "Over the last fifteen years, I have been continually inspired by the commitment of our associates to achieve and exceed our sustainability goals," said Randy Rudolph, president of Rockline Industries.
  • Rockline adopted a range of energy conservation measures including the installation of timed sensors for restroom lights, the implementation of shut-off timers for conveyor belts and education for employees on energy conservation practices.

Louisiana Public Service Commission Approves SWEPCO Renewable Projects

Retrieved on: 
Thursday, June 29, 2023
AEP, Ageing, Wagon wheel, Invenergy, LPSC, American Electric Power, SPP, Wind, Mooringsport, Louisiana, Louisiana Public Service Commission, Retirement, Arkansas Public Service Commission, Noble, Farm, Renewable energy, SWEPCO

"We appreciate our regulatory commissioners allowing us to bring more low-cost, renewable energy to Louisiana customers."

Key Points: 
  • "We appreciate our regulatory commissioners allowing us to bring more low-cost, renewable energy to Louisiana customers."
  • One solar and two wind projects are to be constructed by Invenergy and acquired by SWEPCO.
  • Three wind farms in north-central Oklahoma already deliver renewable energy to SWEPCO's Louisiana and Arkansas customers.
  • Today's action by the LPSC, in conjunction with the Arkansas Public Service Commission's June 1 approval, allows SWEPCO to move forward with plans to acquire up to 999 MW of renewable generation resources.

SWEPCO SEEKS APPROVAL FOR THREE NEW WIND AND SOLAR PROJECTS

Retrieved on: 
Tuesday, May 31, 2022
American Electric Power, RFP, Mooringsport, Louisiana, Electricity, Multimedia, Federal Energy Regulatory Commission, Noble, Indiana Michigan Power Center, Wind, Carbon, Wagon wheel, AEP, Sundance, Solar energy, Public service company, Renewable energy, SWEPCO, Invenergy, Texas Panhandle, Southwest Power Pool

COLUMBUS, Ohio, May 31, 2022 /PRNewswire/ -- Southwestern Electric Power Company (SWEPCO), a subsidiary of American Electric Power (Nasdaq: AEP), has announced plans to add three renewable energy projects totaling 999 megawatts (MW). The projects represent a $2.2 billion investment in clean, cost-effective resources. SWEPCO expects to issue another request for proposal (RFP) in the near term for additional renewable energy consistent with the company's integrated resource plan for its energy and capacity needs.

Key Points: 
  • SWEPCO is seeking approval from regulators in Arkansas, Louisiana and Texas to acquire the 200-MW Mooringsport solar project in Caddo Parish, Louisiana; the 200.6-MW Diversion wind project in Baylor County, Texas; and the 598.4-MW Wagon Wheel wind project spanning Logan, Garfield and Noble counties in Oklahoma.
  • The solar and wind projects were identified through a competitive bidding process.
  • Following state regulatory approvals, AEP will file with the Federal Energy Regulatory Commission for approval to transfer the projects from Invenergy.
  • The project includes 199-MW Sundance, 287-MW Maverick and 998-MW Traverse wind projects and is one of the largest wind facilities in the world.

Invenergy and GE Renewable Energy Celebrate Completion of the Largest Wind Project Constructed in North America

Retrieved on: 
Monday, March 21, 2022
AEP, Development Business, Partnership, Wind, American Electric Power, Multimedia, Ownership, Asset management, Farm, GE, Traverse, GE Renewable Energy, Senior, Public service company, Electricity, PSO, SWEPCO, Maintenance (technical), Renewable energy, Maintenance, Invenergy

CHICAGO, March 21, 2022 /PRNewswire/ -- Invenergy, the largest privately held global developer, owner and operator of sustainable energy solutions and GE Renewable Energy, today announced commercial operations for the 998-megawatt Traverse Wind Energy Center, the largest wind farm constructed in a single phase in North America. 

Key Points: 
  • The 998-megawatt Traverse Energy Center has achieved commercial operationsand is the largest of three wind energy projects collectively known as the North Central Energy Facilities.
  • CHICAGO, March 21, 2022 /PRNewswire/ -- Invenergy, the largest privately held global developer, owner and operator of sustainable energy solutions and GE Renewable Energy, today announced commercial operations for the 998-megawatt Traverse Wind Energy Center, the largest wind farm constructed in a single phase in North America.
  • Located in north central Oklahoma, Traverse joins the operational 199-megawatt Sundance Wind Energy Center and the 287-megawatt Maverick Wind Energy Center, as the last of three projects developed by Invenergy for American Electric Power (AEP) to reach commercial operation.
  • These projects make up the North Central Energy Facilities and have 531 GE turbines with a combined capacity of 1,484 megawatts, making them collectively among the largest wind energy facilities globally.

Traverse Wind Energy Center Begins Delivering Savings to Customers

Retrieved on: 
Monday, March 21, 2022
American Electric Power, Central, AEP, Wind, Multimedia, Carbon, Public service company, Maverick, Electricity, PSO, SWEPCO, Invenergy, Sundance, Indiana Michigan Power Center, Maintenance, Renewable energy, Texas Panhandle

COLUMBUS, Ohio, March 21, 2022 /PRNewswire/ -- American Electric Power's (Nasdaq: AEP) 998-megawatt (MW) Traverse Wind Energy Center, the largest single wind farm built at one time in North America and one of the largest wind facilities worldwide, is now providing clean energy to customers in Arkansas, Louisiana and Oklahoma.

Key Points: 
  • COLUMBUS, Ohio, March 21, 2022 /PRNewswire/ -- American Electric Power's (Nasdaq: AEP) 998-megawatt (MW) Traverse Wind Energy Center, the largest single wind farm built at one time in North America and one of the largest wind facilities worldwide, is now providing clean energy to customers in Arkansas, Louisiana and Oklahoma.
  • Traverse is the third and final wind project to compose the North Central Energy Facilities, which provide 1,484 MW of clean energy and will save customers an estimated $3 billion in electricity costs over the next 30 years.
  • "Traverse is part of the next chapter in AEP's transition to a clean energy future.
  • American Electric Power, based in Columbus, Ohio, is powering a cleaner, brighter energy future for its customers and communities.

The Association of Energy Services Professionals (AESP) Announces Recipients of the 2022 Energy Awards

Retrieved on: 
Tuesday, February 8, 2022
Industry, Senior, Heat, Home, SWEPCO, Social media, Technology, Conference, Memory, Innovation, Rich Szaro, Association, HVAC, Leadership, Tennessee Valley, National Information and Communication Technology Awards, Efficiency, Knowledge, AESP, ICF, Annual conferences, Michael Nobel Energy Award, CEO, Organization, Goal, Tennessee Valley Authority, TVA, Marketing, Renewable energy, Management, Energy

NASHVILLE, Tenn., Feb. 8, 2022 /PRNewswire/ -- The Association of Energy Services Professionals (AESP), a non-profit association that provides professional development tools, accredited training programs, and networking resources to over 2,400 members, announced today the winners of the 2022 Energy Awards.

Key Points: 
  • NASHVILLE, Tenn., Feb. 8, 2022 /PRNewswire/ -- The Association of Energy Services Professionals (AESP), a non-profit association that provides professional development tools, accredited training programs, and networking resources to over 2,400 members, announced today the winners of the 2022 Energy Awards.
  • "Our members work every day to make strides toward achieving these goals and the Energy Awardsrecognize this spirit of innovation and hard work."
  • Eversourcereceivedthe Beyond Energy Efficiency Awardfor theirResidential New Construction Program, recognizing their efforts to go above and beyond traditional energy efficiency programs and achieve greater efficiency and progress.
  • The Tennessee Valley Authority (TVA)received two Customer Engagement and Marketing Awards, one each for the Residential and Commercial/Industrial categories.

D. E. Shaw Renewable Investments (DESRI) Announces Signing of 72.5 MWac Clean Power Project with Southwestern Electric Power Company (SWEPCO)

Retrieved on: 
Tuesday, February 1, 2022
CEO, Principal, Wind, Contract, Solar energy, AEP, Coal, Goal, American Electric Power, Technology, Social media, Sunchaser, Renewable energy, Rocking, Electricity, NCAA Division III, Economic development, SWEPCO

NEW YORK, Feb. 1, 2022 /PRNewswire/ --D. E. Shaw Renewable Investments (DESRI), a leading renewable energy producer in the U.S., today announced the signing of a long-term renewable energy off-take agreement with Southwestern Electric Power Company (SWEPCO).

Key Points: 
  • NEW YORK, Feb. 1, 2022 /PRNewswire/ --D. E. Shaw Renewable Investments (DESRI), a leading renewable energy producer in the U.S., today announced the signing of a long-term renewable energy off-take agreement with Southwestern Electric Power Company (SWEPCO).
  • TheRocking R Solar Project (Rocking R) will be a 72.5 MWac facility in Caddo Parish, Louisiana, which is anticipated to come online in late 2024.
  • DESRI has executed a twenty-year Renewable Energy Purchase Agreement (REPA) with SWEPCO to support the utility's growing renewable energy portfolio and help power local customers' electricity needs.
  • Rocking R represents DESRI's first contract with SWEPCO, DESRI's first solar project in northern Louisiana, and the first utility scale solar project built in the parish.

CLEAResult ATLAS™ Academy: Bringing Efficiency Education Tools to Utilities, Trade Allies and Consumers Nationwide

Retrieved on: 
Thursday, December 16, 2021
SWEPCO, Workforce, Solution, City, Learning, Catalog, Northwestern University Master of Product Design and Development Management, EE, TPG, American Electric Power, Program, GLOBE, Technology, Carbon, Online shopping, Renewable energy

The launch of CLEAResult ATLAS Academy allows us to move classroom training directly into the hands of trade allies who are implementing energy efficiency solutions and to consumers using them so energy savings can be achieved across the board.

Key Points: 
  • The launch of CLEAResult ATLAS Academy allows us to move classroom training directly into the hands of trade allies who are implementing energy efficiency solutions and to consumers using them so energy savings can be achieved across the board.
  • CLEAResult ATLAS Academy expands access to the game-changing energy efficiency tools found across our data-rich technology platform, connecting customers, distributors and trade allies to valuable content and courses that accelerate energy savings for everyone.
  • Building on other CLEAResult ATLAS tools like CLEAResult ATLAS Insights and CLEAResult ATLAS Marketplace, CLEAResult ATLAS Academy meets the different educational demands of stakeholders with the ability to create custom learning modules for unique audiences, curated from our vast catalog and seamlessly integrated existing outside content.
  • Our teams have been piloting CLEAResult ATLAS Academy with several utility operators and trade allies nationwide.

Second North Central Wind Project Begins Commercial Operation

Retrieved on: 
Friday, September 10, 2021

COLUMBUS, Ohio, Sept. 10, 2021 /PRNewswire/ --American Electric Power's (Nasdaq: AEP) 287-megawatt (MW) Maverick Wind Energy Center in north central Oklahoma has begun commercial operation.

Key Points: 
  • COLUMBUS, Ohio, Sept. 10, 2021 /PRNewswire/ --American Electric Power's (Nasdaq: AEP) 287-megawatt (MW) Maverick Wind Energy Center in north central Oklahoma has begun commercial operation.
  • In addition to Maverick, North Central Energy Facilities include the 199-MW Sundance project, which began commercial operation in April 2021, and the 999-MW Traverse project, which is expected to begin operation in early 2022.
  • Invenergy is developing the North Central Energy Facilities, and PSO and SWEPCO assume ownership of each of the three wind projects following their commercial operation.
  • "Maverick's commercial operation brings us one step closer to the completion of North Central and to delivering more clean, reliable energy to our customers," said Nicholas K. Akins, AEP chairman, president and chief executive officer.