News

Hedged Solar in Texas Opens Door to World of Options

As project finance has become available for solar assets with financial hedges in Texas, sponsors that are bullish on the market have begun to explore innovative contract structures that preserve more potential upside for them while still providing comfort to lenders and tax equity investors. Copenhagen Infrastructure Partners is one such sponsor, having financed its ... Read more

CIP Secures Flexible Solar Tax Equity

Copenhagen Infrastructure Partners has inked a tax equity deal with a financial institution to finance a portfolio of small-utility scale solar assets in North Carolina. SunTrust Robinson Humphrey is providing the $80 million check for the 160 MW Mitchell solar portfolio, which was developed by GreenGo Energy U.S. The deal closed on Aug. 9. There ... Read more

CCA Group Addresses Market Opportunity: Hires New Chief Financial Officer and Marketing Role to Support Growth

CCA Group, LLC (“CCA Group”) today announced the addition to their senior leadership team of a new Chief Financial Officer, Robert Wilson and Marketing Manager, Katelyn Mensi. CCA Group is a premier boutique financial advisory firm that provides M&A advisory, capital markets and structured finance solutions to Global Renewable Energy, Conventional Energy and Infrastructure Sponsor ... Read more

CCA Group Elects New Partner

CCA Group, a premier boutique financial advisory firm that provides M&A advisory, capital markets and structured finance solutions to Global Renewable Energy, Conventional Energy and Infrastructure clients, today announced the election of Cornelius Jackson as partner. “Cornelius is one of the industry’s leading financial analysts with over 20 years experience in developing and executing complex ... Read more

Cubico, Cypress Creek’s Solar Farm Begins Commercial Operation

Cubico Sustainable Investments and Cypress Creek Renewables have announced the start of commercial operation of Palmetto Plains solar farm. The 106-megawatt DC facility is South Carolina’s largest solar project in operation. Palmetto Plains is located in Orangeburg County, where the two companies have recently announced the financial close and start of construction of another 100 ... Read more

D.E. Shaw Snags Tax Equity For Connecticut Solar

The D.E. Shaw Group has lined up a tax equity investor for its Tobacco Valley solar project in Simsbury, Conn. The 26.4 MW project, also known as DWW Solar II, will be financed with tax equity from SunTrust Banks, according to paperwork filed with the U.S. Federal Energy Regulatory Commission on July 25. Whether D.E. ... Read more

Duke Energy Renewables acquires 200-MW Holstein solar project in Texas from 8minute Solar Energy

CHARLOTTE, N.C. – Duke Energy Renewables, a subsidiary of Duke Energy (NYSE: DUK), is expanding its solar energy portfolio by acquiring the 200-MW Holstein solar project from 8minute Solar Energy. The project, located in Nolan County, Texas, will be the largest solar power facility in Duke Energy Renewables’ fleet once complete. “We’re pleased to add ... Read more

Emboldened by Vineyard Wind progress, Avangrid sees more offshore opportunities

As the Vineyard Offshore Wind Project sails toward a commercial operations date in either 2021 or 2022, Avangrid Renewables LLC's top executives are surveying the burgeoning U.S. offshore space beyond their maiden project, with high demand from project finance lenders powering their optimism. Project company Vineyard Wind LLC, in which Avangrid Inc. and Copenhagen Infrastructure ... Read more

CCA Group voted 2018 Tax Equity Adviser of the Year

PFR is pleased to announce the winners of its 16th Annual Deals and Firms of the Year Awards for the most impressive sponsors, lenders, advisers, investors and deals of 2018. To download an eight-page PDF listing all of the award winners, click here. The winners were determined in a poll of market participants which drew ... Read more