The Renewables Infrastructure Group

NW Natural Holdings and NW Natural Directors Name Justin B. Palfreyman President and Approve Senior Management Promotions

Retrieved on: 
Friday, May 26, 2023

The Boards of Directors of NW Natural Holding Company (NYSE: NWN) (NW Natural Holdings) and NW Natural Gas Company (NW Natural), announced they have approved a number of senior management promotions effective May 25, 2023.

Key Points: 
  • The Boards of Directors of NW Natural Holding Company (NYSE: NWN) (NW Natural Holdings) and NW Natural Gas Company (NW Natural), announced they have approved a number of senior management promotions effective May 25, 2023.
  • View the full release here: https://www.businesswire.com/news/home/20230526005067/en/
    Justin B. Palfreyman has been appointed president of NW Natural Holdings and NW Natural.
  • David H. Anderson remains chief executive officer of NW Natural Holdings and NW Natural.
  • "NW Natural has a long record of thoughtful succession planning and Justin’s appointment is another step in that tradition," said Malia H. Wasson, NW Natural Holdings and NW Natural chair of the board.

Crédit Agricole CIB Advises Repsol and Ibereólica on a Greenfield Wind Energy Project in Chile

Retrieved on: 
Thursday, August 18, 2022

Crdit Agricole CIB advised Repsol Iberelica Renovables Chile SpAa joint venture between Repsol Chile S.A. (Repsol) and Iberelica Renovables Chile S.A. (Iberelica)on a $118 million project finance debt raise for the construction and operation of Project Atacama (the Project), a 165.3 MW greenfield wind farm in northern Chile.

Key Points: 
  • Crdit Agricole CIB advised Repsol Iberelica Renovables Chile SpAa joint venture between Repsol Chile S.A. (Repsol) and Iberelica Renovables Chile S.A. (Iberelica)on a $118 million project finance debt raise for the construction and operation of Project Atacama (the Project), a 165.3 MW greenfield wind farm in northern Chile.
  • Repsol and Iberelica formed their joint venture in 2020 in order to develop, build and operate a portfolio of renewable assets in Chile.
  • Crdit Agricole CIB looks forward to supporting both companies with their clean energy ambitions.
  • This is the fourth advisory transaction that Crdit Agricole CIB has closed in Chile over the past two years.

Global Energy Projects Lawyer Lisa Henneberry Joins Crowell & Moring

Retrieved on: 
Tuesday, July 12, 2022

"Although conventional energy resources will no doubt continue to be needed for years to come, carbon-free alternative energy resources fueled by wind, solar, hydrogen, ammonia and other sources --and particularly in combination with storage technology and increasingly prevalent sustainability objectives -- are fundamentally changing power supply economics and the global energy resource mix. As a result, the need to develop and construct the associated infrastructure is enormous," said Larry Eisenstat, chair of Crowell & Moring's Energy practice. "Lisa is highly skilled in virtually all facets of infrastructure development, both in crafting creative transactional structures, fuel supply and offtake arrangements and in solving the myriad of problems and disputes that routinely attend such development. She also has a wealth of experience helping companies evaluate risk as they seek to develop and monetize new green technologies."

Key Points: 
  • WASHINGTON, July 12, 2022 /PRNewswire/ --Lisa Henneberryjoins Crowell & Moring as a partner in its Energy practice, bringing more than three decades of experience helping clients navigate and mitigate risk in the global energy sector.
  • As a result, the need to develop and construct the associated infrastructure is enormous," said Larry Eisenstat , chair of Crowell & Moring's Energy practice.
  • "I was drawn to Crowell because of its deep energy and infrastructure transactional, regulatory, and dispute resolution experience," said Henneberry.
  • Crowell & Moring LLP is an international law firm with offices in the United States, Europe, MENA, and Asia.

DGAP-News: ENERCON secures construction bridge financing for 134.4 MW wind farm in Sweden

Retrieved on: 
Thursday, June 30, 2022

The bridge financing is dedicated for the construction of wind farm Erstrsk North with a total capacity of 134.4 MW located in the Markbygden area.

Key Points: 
  • The bridge financing is dedicated for the construction of wind farm Erstrsk North with a total capacity of 134.4 MW located in the Markbygden area.
  • Germany-based consultancy firm Capcora acted as sole financial advisor to ENERCON in this transaction in relation to the debt financing while DNB Markets was advising ENERCON on the sale process.
  • "We are glad to have simultaneously achieved closing of the sales and bridge financing in two individually managed yet interconnected processes.
  • The bridge financing enables ENERCON to externally refinance a large part of the construction costs while maximizing the sales value.

INVENERGY AND ENERGYRE SECURE OFFSHORE WIND LEASE AWARD AND ANNOUNCE FORMATION OF INVESTOR CONSORTIUM

Retrieved on: 
Monday, February 28, 2022

CHICAGO, Feb. 28, 2022 /PRNewswire/ --Invenergy Wind Offshore LLC, led by project sponsors Invenergy and energyRe, was named provisional winner for an 83,976-acre area of seabed by the U.S. Bureau of Ocean Energy Management (BOEM).

Key Points: 
  • CHICAGO, Feb. 28, 2022 /PRNewswire/ --Invenergy Wind Offshore LLC, led by project sponsors Invenergy and energyRe, was named provisional winner for an 83,976-acre area of seabed by the U.S. Bureau of Ocean Energy Management (BOEM).
  • The winning bid of $645 million secured lease OCS-A 0542, one of the largest awarded in the New York Bight offshore wind lease sale.
  • The project sponsors bring together decades of expertise in development, engineering, and construction of large-scale renewable generation projects.
  • "We are excited to be part of this outstanding consortium of partners that will deliver new offshore wind to help meet the Biden administration's goal of reaching 30 gigawatts of offshore wind energy by 2030."

Tallgrass Announces CEO Transition

Retrieved on: 
Monday, February 7, 2022

At that time, Moler will step down as CEO and Tallgrass President Matthew (Matt) Sheehy will assume the role of President and Chief Executive Officer.

Key Points: 
  • At that time, Moler will step down as CEO and Tallgrass President Matthew (Matt) Sheehy will assume the role of President and Chief Executive Officer.
  • I am excited about Tallgrass prospects and growth opportunities with him at the helm as President and CEO.
  • Tallgrass Director Matthew Runkle, a Senior Managing Director in Blackstone's Infrastructure Group, added, Matts broad industry experience, knowledge of Tallgrass and clear leadership skills position him well for future success.
  • As President and CEO, I look forward to building on Bills legacy as Tallgrass looks to play an integral role in accelerating the energy transition.

Invenergy Announces Approximately $3 Billion Investment from Blackstone Infrastructure Partners to Accelerate Renewable Development Activities

Retrieved on: 
Friday, January 7, 2022

Invenergy Renewables has a significant development and construction pipeline, and its affiliate Invenergy Transmission is solving power delivery challenges by advancing some of the worlds most innovative transmission infrastructure projects.

Key Points: 
  • Invenergy Renewables has a significant development and construction pipeline, and its affiliate Invenergy Transmission is solving power delivery challenges by advancing some of the worlds most innovative transmission infrastructure projects.
  • Jim Murphy, President & Corporate Business Leader at Invenergy, said: The Invenergy team is pleased to welcome Blackstone, a leader in the renewable investment space, as our partner.
  • Since 2019, Blackstone has committed nearly $13 billion in investments that Blackstone believes are consistent with the broader energy transition.
  • Blackstone Infrastructure Partners is an active investor across energy, transportation, digital infrastructure and water and waste infrastructure sectors.

PosiGen Announces $100 Million Preferred Equity Financing

Retrieved on: 
Wednesday, January 5, 2022

NEW ORLEANS, Jan. 5, 2022 /PRNewswire/ --PosiGen, the nation's leading provider of renewable energy and efficiency solutions for low-to-moderate income (LMI) households, is pleased to announce the close of a $100 million preferred equity financing.

Key Points: 
  • NEW ORLEANS, Jan. 5, 2022 /PRNewswire/ --PosiGen, the nation's leading provider of renewable energy and efficiency solutions for low-to-moderate income (LMI) households, is pleased to announce the close of a $100 million preferred equity financing.
  • Magnetar Capital's Energy & Infrastructure group was the lead investor in the financing and will nominate two new directors to join PosiGen's Board of Directors.
  • Existing PosiGen investors, including Emerson Collective, Irradiant Partners, Activate Capital, The Builders Fund, SJF Ventures, and The Kresge Foundation, also participated in the financing.
  • PosiGen has served over 19,000 customers to date, with approximately 50% of that in communities of color, and is now positioned to rapidly scale.

Lazard Releases Annual Levelized Cost of Energy, Storage and Hydrogen Analyses

Retrieved on: 
Thursday, October 28, 2021

Lazard Ltd (NYSE: LAZ) has released its annual in-depth studies comparing the costs of energy from various generation technologies, energy storage technologies for different applications and hydrogen production.

Key Points: 
  • Lazard Ltd (NYSE: LAZ) has released its annual in-depth studies comparing the costs of energy from various generation technologies, energy storage technologies for different applications and hydrogen production.
  • Lazards latest annual Levelized Cost of Storage Analysis (LCOS 7.0) shows that year-over-year changes in the cost of storage are mixed across use cases and technologies, driven in part by the confluence of emerging supply chain constraints and shifting preferences in battery chemistry.
  • Lazards Levelized Cost of Hydrogen Analysis (LCOH 2.0) shows that the cost of hydrogen is still largely dependent on the cost and availability of the energy resources required to produce it.
  • Key drivers of hydrogens levelized cost are the cost of electricity, capital expenditures for production equipment and utilization of the electrolyzer.

Cushing Terrell Joins the Renewable Energy Conversation at Greenbuild 2021

Retrieved on: 
Wednesday, October 13, 2021

When it comes to resilience in the face of natural disasters, microgrid systems offer benefits that include onsite energy generation and storage, the use of renewable energy sources, and the option to connect and disconnect from primary utility grids.

Key Points: 
  • When it comes to resilience in the face of natural disasters, microgrid systems offer benefits that include onsite energy generation and storage, the use of renewable energy sources, and the option to connect and disconnect from primary utility grids.
  • Microgrids aren't a new concept, but they're fast gaining traction in the effort to identify reliable, climate-friendly alternatives toourcurrent infrastructure.
  • Cushing Terrell was founded in 1938 on the belief that integrating architecture, engineering, and design opens doors for deepened relationships and enhanced creativity.
  • With more than 375 team members and expertisein over 30 disciplines, the firm supportsthecommercial, education, government, healthcare,infrastructure,residential, and retail markets.For more information about Cushing Terrell, visit cushingterrell.com.