News

Great Bay Renewables Announces New $45MM Financing of U.S. Solar, Solar Plus Energy Storage and Standalone Energy Storage Developer with 5.3 GW Pipeline

Portsmouth, NH (June 21, 2023) – Great Bay Renewables, LLC (“Great Bay”) today announced it has entered into a transaction with U.S. renewable energy developer, Hexagon Energy, LLC (“Hexagon”), to gain future royalties related to Hexagon’s portfolio of solar, solar plus energy storage and standalone energy storage development projects. Great Bay is jointly controlled by ... Read more

Enel Partners with Nestle’ for Investment in Ganado Solar Project

Andover, MA – March 22, 2023 – Enel North America, a leading clean energy company in North America, has partnered with Nestlé to be the sole tax equity investor for its 208 MWdc Ganado solar-plus-storage project in Jackson County, Texas. Nestlé will also purchase the renewable energy attributes from the entire output of the solar plant, helping advance the ... Read more

Great Bay Renewables Announces Acquisition of $18 Million Royalty on Operating Wind Project

Portsmouth, NH (December 20, 2022) – Great Bay Renewables (“Great Bay”) today announced it has entered into an agreement to acquire an existing royalty agreement (the “Royalty”) on a portion of an operating wind project (the “Project”) from Apex Clean Energy (“Apex”) for $18 million, subject to standard working capital and other adjustments. The Project is ... Read more

Great Bay Renewables Announces Second Operating Project Royalty Investment with Longroad Energy

Portsmouth, NH (December 1, 2022) – Great Bay Renewables (“Great Bay”) today announced it has entered into a $46 million royalty investment with Longroad Energy (“Longroad”) to support Longroad’s acquisition of the 70 MWac Titan Solar project in Imperial County, CA (“Titan”). Titan represents Great Bay’s first royalty investment in California. Longroad is a top-tier developer, ... Read more

ClearGen Acquires Partnership Interests in 1.4 GW Wind Farm Portfolio From MUFG

ClearGen LLC, a portfolio company of Blackstone Credit’s Sustainable Resources Platform, has made an investment in a portfolio of partnership interests in 25 wind farms totaling 1.4 net GW of existing generation capacity throughout the United States, according to a press release. The Sustainable Investing Group within Goldman Sachs’ Asset Management (Goldman Sachs) provided tax ... Read more

Intersect Power Closes $3.1 Billion in Project Financing to Complete Near Term Portfolio Totaling 2.2 GWDC

Oakland, CA — Intersect Power, LLC, (“Intersect Power” or the “Company”) announced today the closing of an aggregate of $2.4 billion of new financing commitments and the allocation of $675 million of previously announced commitments for the construction and operations of four solar energy projects totaling approximately 1.5GWdc PV + 1.0GWh BESS. The transactions represent ... Read more

Great Bay Reneweables Announces $40 Million Royalty Investment in Hodson Energy’s 1.8 GWac Solar Plus Battery Storage Portfolio

Portsmouth, NH – Great Bay Renewables (“Great Bay”) today announced it has entered into a transaction with U.S. renewable energy developer, Hodson Energy, LLC (“Hodson”), to gain future royalties related to Hodson’s portfolio of solar plus battery storage development projects. New York-based Hodson is committing its entire portfolio of solar plus storage projects located primarily ... Read more

KOMIPO Finances $166 Million Concho Valley Photovoltaic Power Project in the U.S.

New York, (Newswire.com) – KOMIPO America, Inc., which is a U.S. subsidiary of Korea Midland Power Co., Ltd. (KOMIPO), one of the major power generation companies in Korea actively doing business globally, has struck a deal to finance a $166 million Concho Valley Solar photovoltaic power project in the United States via a construction loan … Read more