Development Business

Puget Sound Energy and Invenergy Partner to Advance Washington's Clean Energy Transition

Retrieved on: 
Wednesday, July 12, 2023
CEIP, EVP, PSE, Carbon, Partnership, PPA, Senior, Energy supply, Invenergy, Development Business, Puget Sound Energy, Renewable energy

BELLEVUE, Wash. and PORTLAND, Ore., July 12, 2023 /PRNewswire/ -- Puget Sound Energy (PSE), Washington state's largest utility, and Invenergy, the leading privately-held developer, owner and operator of sustainable energy solutions, announced the signing of a 15-year power purchase agreement (PPA) between PSE and Invenergy's Vantage Wind Energy Center in Ellensburg, Washington. The agreement enables PSE to acquire 90 MW of clean energy per year, beginning in 2025.  

Key Points: 
  • The agreement enables PSE to acquire 90 MW of clean energy per year, beginning in 2025.
  • The agreement moves PSE closer to its commitment of meeting its 2030 clean energy target and helps PSE comply with the state's clean energy policies, which are some of the most ambitious in the nation.
  • As one of the largest developers of clean and renewable energy projects in the world, Invenergy brings extensive experience to the partnership.
  • "This exciting partnership will deliver more clean, cost-effective energy to Washington residents while advancing the state's vital energy goals."

Landmark Power Supply Partnership Between CORE Electric Cooperative, Invenergy to Lead Colorado's Energy Transformation

Retrieved on: 
Tuesday, January 24, 2023
Wind, EVP, CORE, Growth, Development Business, Carbon, Partnership, Senior, Invenergy, Renewable energy

SEDALIA, Colo. and DENVER, Jan. 24, 2023 /PRNewswire/ -- Today, CORE Electric Cooperative (CORE), the largest electric distribution cooperative in Colorado, and Invenergy, the leading privately-held developer, owner and operator of sustainable energy solutions, announced a new wholesale power supply partnership. The partnership will provide CORE with over 1.2 terawatt-hours of renewable energy per year, which includes approximately 400 megawatts (MW) of new solar and wind energy projects and 100 MW of battery storage, backed up by over 300 MW of existing reliable natural gas resources starting in 2026. These agreements pave the way for CORE's future as the cleanest, most reliable, most affordable electric company in Colorado and signal CORE's transformation to a fully independent electric utility with control of its power supply future.

Key Points: 
  • SEDALIA, Colo. and DENVER, Jan. 24, 2023 /PRNewswire/ -- Today, CORE Electric Cooperative (CORE), the largest electric distribution cooperative in Colorado, and Invenergy, the leading privately-held developer, owner and operator of sustainable energy solutions, announced a new wholesale power supply partnership.
  • These agreements pave the way for CORE's future as the cleanest, most reliable, most affordable electric company in Colorado and signal CORE's transformation to a fully independent electric utility with control of its power supply future.
  • "CORE's innovative partnership with Invenergy demonstrates that the transition to a clean and reliable energy future can be done without sacrificing affordability for our members," said Jeff Baudier, CEO of CORE Electric Cooperative.
  • "This partnership between Invenergy and CORE signifies a key moment in Colorado's clean energy transition," said Jim Shield, Senior EVP and Development Business Leader at Invenergy.

Uber Freight and Aurora Expand Pilot to Autonomously Haul Goods for 2022 Holiday Season

Retrieved on: 
Friday, December 2, 2022
Trucking, Automotive, Transport, Logistics, Supply Chain Management, Autonomous Driving, Vehicles, Fleet Management, NYSE, Volvo Trucks, Ryder, Veritiv, Toyota, AUR, PACCAR, Holiday, News, Movement, Senior, Travel, Press release, Uber, Development Business, NHTSA, Multimedia, FedEx, FUM, Chris Urmson, Transport, Education, National Highway, Leg, AB InBev, Cargo, Rail transport, Ernest Jansan, Nestlé

The 600-mile lane across Texas launched in October and is supporting Uber Freight customers as they prepare for the 2022 holiday season.

Key Points: 
  • The 600-mile lane across Texas launched in October and is supporting Uber Freight customers as they prepare for the 2022 holiday season.
  • As an Uber Freight customer, Veritiv has benefited from early access to the route, using Aurora Horizon to autonomously transport goods on time to retail, education, and healthcare customers.
  • Our extensive and efficient digital marketplace is a key ingredient for autonomous freight deployment, said Lior Ron, CEO of Uber Freight.
  • Aurora and Uber Freight aim to unlock autonomous truck capacity for carriers with Aurora Horizon, which will be deployed in the coming years and serve carriers across the Uber Freight platform.

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.

INVENERGY NAMES OMAR MARTINO EXECUTIVE VICE PRESIDENT, MARKETS AND REGULATORY

Retrieved on: 
Tuesday, February 15, 2022
Wind, Invenergy, Compliance, Risk management, Thomas Jefferson School (St. Louis, Missouri), Thomas Jefferson School of Law, Policy, Development Business, Senior, Multimedia, Financial services, University, Electricity, University of Colorado Denver Business School, Industry, Renewable energy, Finance

CHICAGO, Feb. 15, 2022 /PRNewswire/ -- Invenergy, the leading privately-held developer, owner and operator of sustainable energy solutions, today announced Omar Martino as Executive Vice President, Markets and Regulatory where he will lead Invenergy's regulatory, markets, and transmission interconnection activities.

Key Points: 
  • CHICAGO, Feb. 15, 2022 /PRNewswire/ -- Invenergy, the leading privately-held developer, owner and operator of sustainable energy solutions, today announced Omar Martino as Executive Vice President, Markets and Regulatory where he will lead Invenergy's regulatory, markets, and transmission interconnection activities.
  • "Omar is a leader with a proven track record for understanding the intricacies of energy industry market policies and effectively delivering thoughtful and innovative solutions," said Jim Shield, Senior Executive Vice President & Development Business Leader at Invenergy.
  • "His vast knowledge of our industry and management experience will provide an important strategic perspective to the Invenergy team and our partners."
  • "Invenergy has long been a leader in renewable energy and I am incredibly excited to join their innovative and forward-thinking team," said Omar Martino.

Flagship Pioneering Announces Appointment of Justine Levin-Allerhand as Senior Partner, Corporate Development

Retrieved on: 
Monday, November 15, 2021
Rubius, Development Business, KLDO, Foundational relation, MIT, Therapy, Ecosystem, International Fundraising Consultancy, Director, Government, Engineering, Health, SANA, David Berry (inventor), Organization, Broad Institute, NASDAQ, CEO, Yale School of Medicine, Barnard College, Growth, Investment, Multimedia, Research, MRNA, Lead, Yale University, Albert Einstein College of Medicine, Broad, Corporate development, Doctor of Philosophy, Yale school, Justine, Partnership, Harvard University, Flagship Pioneering, Biology, External relations of Jersey, Rockefeller University, Management

CAMBRIDGE, Mass., Nov. 15, 2021 /PRNewswire/ -- Flagship Pioneering, the bioplatform innovation company, announced today that Justine Levin-Allerhand, Ph.D., has joined the company in a newly created role as Senior Partner, Corporate Development.

Key Points: 
  • CAMBRIDGE, Mass., Nov. 15, 2021 /PRNewswire/ -- Flagship Pioneering, the bioplatform innovation company, announced today that Justine Levin-Allerhand, Ph.D., has joined the company in a newly created role as Senior Partner, Corporate Development.
  • In addition, she will advance corporate development broadly, including building new relationships with limited partners and building partnerships with aligned research and academic institutions.
  • "Justine brings to Flagship an incredible depth of experience in developing and managing not only board development and recruitment, but also how to engage and leverage boards effectively for the betterment of institutions," said Noubar Afeyan, Founder and CEO of Flagship Pioneering.
  • "I'm delighted to be joining the incredible team at Flagship Pioneering," added Justine Levin-Allerhand, Senior Partner, Corporate Development, Flagship Pioneering.