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Mainstream Energy

Digest

Solar Reserve commissions 110-MW solar thermal plant with molten-salt heat storage; Minnesota Power orders 64 3-MW wind turbines from Siemens; Alstom wins contract to supply 6-MW offshore wind turbines; Itron announces subscription-based service offering; plus announcements and contracts involving SunEdison, Lockheed Martin, Washington Gas Energy Systems, and others.
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Transactions (April 2014)

Calpine acquires Texas combined-cycle plant from MinnTex; FirstEnergy sells 11 hydro stations to LS Power; Alterra Power acquires 202-MW wind farm; plus deals and debt issues totaling $1.8 billion.

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Sunrun Acquires REC Solar's Residential Division, AEE Solar and SnapNrack

Submitted by aburr on Wed, 2014-02-12 12:37

Sunrun acquired the residential division of REC Solar, AEE Solar and SnapNrack. The companies represent Mainstream Energy's residential solar sales, design and installation; wholesale distribution; and mounting systems and hardware businesses, respectively. In the commercial market, REC Solar will continue as an independent organization under the legal name REC Solar Commercial. The value of the transaction was not disclosed.