World Invests Record Amount in Decarbonization Efforts

The world has committed a record $501.3 billion to decarbonization in 2020, beating the previous year by 9% despite the economic disruption caused by the COVID-19 pandemic, according to recent energy transition investment analysis compiled by BloombergNEF (BNEF), Bloomberg’s primary … Read More

Algonquin Awards IEA with Shady Oaks Construction Contract

Infrastructure and Energy Alternatives Inc. (IEA), an infrastructure construction company with renewable energy and specialty civil expertise, has been awarded a $45 million wind construction contract for the Shady Oaks II Wind Farm in Illinois.  Algonquin Power & Utilities Corp., … Read More

Greencoat Acquires Stake in Four RWE Texas Wind Farms

RWE, a global renewable energy company, has signed an agreement with Greencoat, a U.K.-based renewables investment manager, to sell a 24% stake in four RWE onshore wind farms in Texas. This accounts for a total pro-rata installed capacity of 207 … Read More

DOE: Funding Available to Support Offshore Wind Development

The U.S. Department of Energy (DOE) says it is funding up to $14.5 million for environmental research to support U.S. offshore wind development.  This funding opportunity announcement (FOA) will support regionally-focused, coordinated research efforts to increase understanding of the environmental … Read More

Boralex Redeems Minority Shares in Canadian Wind Farm

Boralex Inc., a company that develops, builds and operates renewable energy power facilities in Canada, France, the U.K. and the U.S., has closed on a transaction to redeem the minority shares of its partner, Aeolis Wind Power Corp., in the … Read More

Ameren Missouri Closes on Second Wind Energy Center

Ameren Missouri, a subsidiary of Ameren Corp., has closed on the acquisition of the company’s second wind energy center, a 300 MW project located in northwest Missouri.  Renewable energy from the facility is already reaching customers, even as construction continues … Read More

Apex Awards IEA Wind Construction Contract

Infrastructure and Energy Alternatives Inc. (IEA), an infrastructure construction company with specialized energy and heavy civil expertise, has been awarded a wind construction contract valued at approximately $100 million.  Apex Clean Energy, who develops, constructs and operates utility-scale wind and … Read More

Cordelio Sells Interest in Denfield Portfolio

Cordelio Power and Axium Infrastructure, an independent portfolio management firm, say Axium has purchased a 49% interest in Cordelio’s Ontario renewable portfolio. The 396 MW Denfield portfolio includes four wind projects and two solar projects located in southwestern Ontario. Cordelio … Read More

Capstone Adds Ontario Wind Projects to Portfolio

Capstone Infrastructure Corp., an Ontario-based open-ended trust that invests in power generation assets, has acquired 29 MW of operating wind projects – known as the Springwood, Whittington, Napier and Sumac Ridge wind facilities – from wpd Europe GmbH. Capstone acquired … Read More

ALLETE Subsidiaries Secure Wind Project Financing

ALLETE Clean Energy, a company that acquires, develops and operates renewable energy projects, says two of its wholly owned subsidiaries have secured approximately $350 million in tax equity financing to support two recently completed wind energy sites. ALLETE Clean Energy … Read More