CBAS

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 (May 2015)

Sonoma Clean Power will build the largest floating solar array in the U.S., scheduled to be completed in 2016 and will create enough energy to power 3,000 houses; GE announced the construction of two service centers focused on the operation and maintenance of wind turbines in Brazil; Open Systems International was awarded a contract by Seattle City Light to implement a new energy management system; FirstEnergy expects to invest about $225 million on distribution and transmission infrastructure projects in north-central West Virginia; APR Energy commissioned an expansion of its power plant in Myanmar; The U.S. Nuclear Regulatory Commission approved Westinghouse Electric’s testing approach for the Westinghouse small modular reactor design; FuelCell Energy agreed to sell a 1.4-MW fuel cell power plant project to NRG Energy; ABB and Samsung SDI signed a memorandum of understanding to promote microgrid solutions globally; And others ...