Canadian

Transactions (May 2015)

FuelCell Energy closed its definitive agreement to sell a 1.4-MW fuel cell power plant project to NRG Energy; FPL proposes to purchase CBAS Power for a price of $520.5 million; Renewable Energy Trust secured CAD $115MM in financing to acquire the 12.6 MW DiscoveryLight and 14.2 MW FotoLight projects from Canadian Solar; b secured $86.2MM in financing to acquire the 31.26 MW DC McHenry Solar PV Plant in Modesto, Calif. and the 13.1 MW DC Heber Solar PV project in Imperial County, Calif.; Peabody Energy completed its offering of $1.0 billion aggregate principal amount of 10% senior secured second lien notes due 2022; AES intends to offer $575 million aggregate principal amount of senior notes due 2025; And others ...

Digest (April 2015)

PG&E asked state regulators for permission to build ~ 25,000 EV chargers across its service area in Northern and Central California - if approved, it would mark the largest deployment of EV charging stations in the country; Lockheed Martin and Dominion Resources have co-developed a new smart grid technology called VirtuGrid to enable remote detection of power outages for faster mapping and response; Panda Power Funds and Sunbury Generation LP will develop, finance, construct and operate a 1,000-MW gas-fired, combined-cycle power project in Pennsylvania; Siemens secured an order of 157 wind turbines in South Africa from Mainstream Renewable Power; PSE&G recently put two new landfill solar farms in service as part of its Solar 4 All program; Exelon Generation will add 195-MW of electric generation capacity at the Medway (Mass.) facility; ABB won a $35 million order for gas-insulated switchgear and shunt reactors from Belgian electricity transmission system operator Elia; Iberdrola USA agreed to acquire UIL Holdings and create a newly listed publicly traded company; Chesapeake Utilities agreed to merge Gatherco into Aspire Energy of Ohio, a wholly-owned subsidiary; and others...

Transactions (April 2015)

Chesapeake Utilities agreed to acquire Gatherco for $59.2 million, merging it into wholly-owned subsidiary Aspire Energy of Ohio; Canadian Solar agreed with Sharp Corp. to acquire Recurrent Energy for $265 million; Iberdrola USA agreed to acquire UIL Holdings and create a newly listed U.S. publicly-traded company with a rate base of approximately $8.3 billion; Plus debt offerings from Williams Partners and Cheniere Energy.

Digest (Oct 2014)

Vattenfall awards Siemens Energy contract for wind turbines; Minnesota Power to build solar energy array at Minnesota National Guard Camp Ripley; Echelon agrees to sell grid operations to S&T AG; DTE Energy teams with Ford Motor Company to build Michigan’s largest solar array.