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Invenergy's Koshkonong Solar+Storage Project Advances (Reg & Leg)
Invenergy, RENEW Wisconsin
Date: 2022-04-13
In the Badger State, Madison-based RENEW Wisconsin is reporting state regulators have approved construction of Invenergy LLC'e 300-MW Koshkonong Solar Energy Center in southeast Dane County. The project, which will generate sufficient energy for 60,000 Wisconsin homes, will include a 165-MWbattery storage component to help bolster grid reliability.

Construction is expected to begin later this year and will likely become operational in 2025. WEC Energy Group and Madison Gas and Electric reportedly intend to purchase the plant for $649 million. (Source: RENEW Wisconsin, PR, 11 April, 2022) Contact: RENEW Wisconsin, Heather Allen, Exec. Dir., (608) 255-4044, www.renewwisconsin.org; Invenergy LLC, Meghan Schultz, Ryan Van Portfliet, Renewable Energy Development, Michael Mulcahey, Business Development Manager, (312) 224-1400, www.invenergy.com

More Low-Carbon Energy News WEC Energy ,  Solar+Storage,  Invenergy,  RENEW Wisconsin,  


998-MW Traverse Wind Energy Center Online (Ind. Report)
Invenergy, GE Renewable Energy, American Electric Power
Date: 2022-03-23
Following up on our 26 Feb., 2021 coverage, Chicago-headquartered global renewable energy developer, owner and operator Invenergy and GE Renewable Energy are reporting the 998-MW Traverse Wind E wind farm in north central Oklahoma has begun commercial operations.

Traverse Wind E joins the operational 199-MW Sundance Wind Energy Center and the 287-MW Maverick Wind Energy Center, as the last of three projects developed by Invenergy for American Electric Power to reach commercial operation. Together, the North Central Energy Facilities represent a $2 billion investment and incorporate 531 GE turbines totaling 1,484 MW -- sufficient power for roughly 440,000 homes. (Source: GE Renewable Energy, Invenergy, Website PR, 21 Mar., 2021) Contact: GE Renewable Energy, www.ge.com/renewableenergy; Contact: Invenergy LLC, Meghan Schultz, VP Finance and Capital Markets, Ryan Van Portfliet, Renewable Energy Development, Michael Mulcahey, Business Development Manager, (312) 224-1400, www.invenergy.com

More Low-Carbon Energy News GE Renewable Energy,  Invenergy,  Wind ,  American Electric Power ,  


New York Bight Lease Sale Lands $4.3Bn (Ind. Report)
Bureau of Ocean Energy Management
Date: 2022-02-28
In Washington, the US Bureau of Ocean Energy Management (BOEM) is reporting the country's biggest offshore wind auction of six lease sites brought in a total of $4.37 billion.

The largest and most expensive site, which could accommodate a minimum of 1,387 MW of installed capacity, went for $1.1 billion to Bight Wind Holdings, LLC, a joint venture between RWE Renewables and National Grid.

Attentive Energy LLC, a joint venture between EnBW and TotalEnergies, won the second most expensive lease site for $795 million. Shell and EDF Renewables-owned Atlantic Shores Offshore Wind Bight, LLC, won the the largest site for $780 million, and the area adjacent to Shell and EDF's was secured by Invenergy Wind Offshore LLC for $645 million. The Central Bight went to OW Ocean Winds East LLC, an existing JV between EDP Renewables and Engie, for $765 million, while Mid-Atlantic Offshore Wind LLC won the Long Beach, NY site for $285 million. (Source: Bureau of Ocean Energy Management, PR, 25 Feb., 2022) Contact: BOEM, Connie Gillette, Public Affairs, Walter Cruickshank, Acting Dir., (202) 208-6474, www.boem.gov

More Low-Carbon Energy News Bureau of Ocean Energy Management,  Offshore Wind,  


Ameren to Acquire Invenergy Illinois Solar Project (M&A)
Ameren Missouri, Invenergy
Date: 2022-02-18
Ameren Missouri, a subsidiary of Ameren Corp., is reporting an agreement with Invenergy to acquire a 150-MW solar facility project being developed in southeastern Illinois. The deal is subject to closing conditions, including regulatory approvals.

The project, which could come online as early as 2024, is consistent with the company's target of net-zero carbon emissions by 2050, according to the release. (Source: Ameren Missouri, PR, Website 16 Feb., 2022) Contact: Ameren Missouri, Ajay Arora, Renewable Energy Dev. Officer, www.ameren.com; Invenergy LLC, Ryan Van Portfliet, Renewable Energy Development, Michael Mulcahey, Business Development Manager, (312) 224-1400, www.invenergy.com

More Low-Carbon Energy News Ameren Missouri,  Invenergy,  Solar,  


Blackstone Invests $3Bn in Invenergy (Ind. Report)
Blackstone, Invenergy, CDPQ
Date: 2022-01-10
Blackstone Inc. is reporting funds managed by Blackstone Infrastructure Partners have entered into a definitive agreement with the Canadian province of Quebec's giant ($389.7 billion CAD) pension fund Caisse de depot et placement du Quebec (CDPQ) and Invenergy for a roughly $3 billion equity investment in Invenergy Renewables Holdings LLC.

The investment will help accelerate Invenergy's renewables development activities. CDPQ and Invenergy management remain majority owners of the company and Invenergy will continue as managing member.

Invenergy Renewables is a major renewable energy developer with over 175 projects totaling nearly 25,000 MW developed across four continents, focused on partnerships with utilities, financial institutions and commercial and industrial customers. The company is building both the largest wind and solar projects in the United States, that combined will deliver nearly 3 GW of clean energy by 2023.

Since 2019, Blackstone has committed nearly $13 billion in investments that it believes are consistent with the broader energy transition. Additionally in 2020, Blackstone announced a plan to reduce carbon emissions by 15 pct in aggregate within the first three years of ownership across all new investments where Blackstone has control over energy usage, according to the company. (Source: Blackstone, PR, 9 Jan., 2021) Contact: Invenergy LLC, Ryan Van Portfliet, Renewable Energy Development, Michael Mulcahey, Business Development Manager, (312) 224-1400, www.invenergy.com; Blackstone Inc, www.blackstone.com; CDPQ, www.cdpq.com

More Low-Carbon Energy News Balckstone,  CDPQ,  Invenergy,  Renewable Energy,  


Vestas Wins 235 MW Turbines Order from Invenergy (Ind. Report)
Vestas,Invenergy
Date: 2021-12-10
Danish wind energy giant Vestas Wind Systems A/S is reporting receipt of a 235 MW order for V150-4.2 MW turbines and V136-3.45 MW turbines in 3.6 MW operating mode from Chicago-headquartered Invenergy, the largest independent, privately held renewable energy provider in North America, to power the Sapphire Sky wind project in Illinois, USA.

The order includes a 10-year Active Output Management 5000 (AOM 5000) service agreement. Turbine delivery is slated to begin in Q2 of 2022 with commissioning scheduled for Q4 of 2022. (Source: Vestas, Website PR, 8 Dec., 2021) Contact: Vestas, Laura Beane, Pres. Vestas North America, www.vestas.com; Invenergy LLC, Ryan Van Portfliet, Renewable Energy Development, Michael Mulcahey, Business Development Manager, (312) 224-1400, www.invenergy.com

More Low-Carbon Energy News Vestas,  Invenergy,  Wind,  Wind Turbine,  


Southern Power Snares 109-Turbine S. Dakota Wind Farm (M&A)
Southern Power, Invenergy
Date: 2021-03-29
Atlanta-based energy wholesaler Southern Power is reporting the acquisition of its 14th and largest wind project to date -- the 300-MW Deuel Harvest Wind Farm in Deuel County, South Dakota -- from Invenergy. The 109-turbine Deuel Harvest facility was developed by Invenergy and came online Feb. 23, 2021.

The electricity and associated renewable energy credits (RECs) generated by the facility are being sold under two separate power purchase agreements -- a 25-year agreement with Great River Energy, expected to commence January 2023, and a 15-year agreement with Xcel Energy, expected to commence in October 2021. Southern Power will be the majority owner. Invenergy will retain a minority ownership position, and Invenergy Services will operate and maintain the facility.

With the addition of Deuel Harvest, Southern Power's wind portfolio consists of more than 2,533 MW of wind generation. Southern Power's wind facilities are a part of the company's 4,928-MW renewable fleet, which consists of 43 solar and wind facilities operating or under construction. Southern Power and its subsidiaries own or operate 54 facilities operating or under development in 14 states with more than 12,498 MW of generating capacity in Alabama, California, Delaware, Georgia, Kansas, Maine, Nevada, New Mexico, North Carolina, Oklahoma, South Dakota, Texas, Washington and West Virginia. Southern Power is aiming for net-zero carbon emissions by 2050. (Source: Southern Power, PR, 29 Mar., 2021) Contact: Southern Power, www.southerncompany.com

More Low-Carbon Energy News Southern Power news,  Invenergy news,  Wind news,  


Invenergy Nails Okla. Wind Farm Construction Financing (Ind. Report)
Invenergy
Date: 2021-03-26
More Invenergy, a privately held global developer and operator of sustainable energy solutions, reports it has completed construction financing for the 999 MW Traverse Wind Energy Center in Custer, Blaine, and Kingfisher Counties, Oklahoma.

Traverse is the largest of three wind energy projects being developed by Invenergy as part of the 1,485 MW North Central Wind Energy Facilities. The other two projects -- the 287 MW Maverick Wind Energy Center in Major, Garfield and Kingfisher Counties and the 199 MW Sundance Wind Energy Center in Woods and Major Counties -- both achieved financial close in December 2020.

All three projects are currently under construction. American Electric Power (AEP) will assume ownership of the three wind farms upon the start of commercial operations to serve customers of subsidiaries Southwestern Electric Power Co. (SWEPCO) and Public Service Co. of Oklahoma (PSO). Sundance is expected to begin commercial operations this spring, Maverick later this year and Traverse in early 2022. (Source: Invenergy, Website, PR, 24 Mar., 2021) Contact: Invenergy LLC, Meghan Schultz, VP Finance and Capital Markets, Ryan Van Portfliet, Renewable Energy Development, Michael Mulcahey, Business Development Manager, (312) 224-1400, www.invenergy.com

More Low-Carbon Energy News Invenergy,  Wind,  


WEC Energy Taking 90 pct Stake in Jayhawk Wind Farm (M&A)
WEC Energy, Apex Clean Energy
Date: 2021-03-03
Milwaukee-headquartered WEC Energy Group reports it has agreed to a $302 million acquisition of a 90 pct ownership stake in the 70-turbine, 190-MW Jayhawk Wind Farm, to be built in Bourbon and Crawford counties, Kansas -- subject to regulatory approvals.

Invenergy will take the remaining 10 pct ownership interest and will operate the facility which is being developed by Charlottesville, Virginia-based Apex Clean Energy. The project is expected to begin commercial operation before the year end.

WEC Energy Group, with $37 billion in assets, serves 4.6 million customers in Wisconsin, Illinois, Michigan and Minnesota through its principal utilities: We Energies, Wisconsin Public Service, Peoples Gas, North Shore Gas, Michigan Gas Utilities, Minnesota Energy Resources and Upper Michigan Energy Resources. Another major subsidiary, We Power, designs, builds and owns electric generating plants. In addition, WEC Infrastructure LLC owns a growing fleet of renewable generation facilities in the Midwest. (Source: WEC Energy Group, PR, 1 Mar., 2021) Contact: WEC Energy Group, www.wecenergygroup.com; Apex Clean Energy, www.apexcleanenergy.com

More Low-Carbon Energy News WEC Energy,  Invenergy,  Apex Clean Energy,  Wind ,  


Invenergy Closes Financing for First Phase of America's Largest Solar Project (Ind. Report)
Invenergy
Date: 2021-01-22
Chicago-headquartered Invenergy, the largest independent, privately held renewable energy provider in North America, is reporting completion of construction financing for the first phase of the $1.5 billion Samson Solar Energy Center in northeast Texas.

Samson Solar project has PPAs with three Texas municipalities and will generate sufficient power for as many as 300,000 home when it comes online in 2023. The first phase includes 250 MW of the total 1,310 MW project, the largest solar energy facility in the United States.

Samson Solar is currently under construction and will commence operation in five phases at Lamar, Red River, and Franklin Counties. The full project is slated to be operational in 2023. (Source: Invenergy, Website, PR, 15 Jan., 2021) Contact: Invenergy LLC, Ryan Van Portfliet, Renewable Energy Development, Michael Mulcahey, Business Development Manager, (312) 224-1400,www.invenergy.com

More Low-Carbon Energy News Invenergy ,  Solar ,  


Invenergy Nails Solar Project Construction Financing (Ind. Report)
Invenergy
Date: 2020-12-21
Invenergy is reporting completion of construction financing for the 336,000 panel, 100 MW Dry Lake Solar Energy Center north of Las Vegas, Nevada. Currently under construction and scheduled to come online in June 2021, the project has long-term PPA with MGM Resorts International and generate sufficient power for approximately 27 000 homes per year. (Source: Invenergy, PR, Energy Global, 21 Dec., 2020) Contact: Invenergy LLC, www.invenergy.com

More Low-Carbon Energy News Invenergy,  Solar ,  


GE Scores 576MW US Onshore Wind Turbine Order (Ind. Report)
GE Renewable Energy,Invenergy
Date: 2020-09-25
GE Renewable Energy has announced a trio of orders for its 2.X onshore wind turbines with Invenergy. The 576 MW, 187-turbine order will power the equivalent of 160,000 American homes across three US states. The agreement includes: 54 2.X-127 turbines for the 110 MW Crescent Wind Energy Center in Michigan; 30 2.X-127 and 6 2.X-116 turbines for the 166 MW Contrail Wind Energy Center in Iowa; and 97 2.X-127 for the 300 MW Deuel Harvest Wind Energy Center in South Dakota

All three projects are scheduled to be operational by Q1 of 2021 or earlier.

GE's 2 MW product platform has a total installed capacity of more than 15 GW and operates at an industry-leading average of 98+ percent availability. (Source: GE Renwable Energy, PR, TradeArabia News Service, 24 Sept., 2020) Contact: GE Renewable Energy, www.ge.com/renewableenergy/contact-us, www.ge.com/renewableenergy.com; Invenergy LLC, www.invenergy.com

More Low-Carbon Energy News GE Renewable Energy,  Wind Turbine,  Invenergy,  


Entergy Arkansas Acquiring 100-MW Solar Project (M&A, Ind. Report)
Entergy Arkansas,Invenergy Renewables
Date: 2020-08-19
Entergy Arkansas, LLC reports it will purchase plans to purchase the 100-MW Walnut Bend Solar farm project near Brinkley, in Lee County, Arkansas, from project developer Invenergy Renewables, LLC, pending Arkansas Public Service Commission approval. Construction is slated to begin in Q4, 2021, for startup and commissioning before the end of 2022.

Invenergy is a privately held global developer and operator of sustainable energy solutions. The company has developed 158 projects across four continents to generate 24,500 MW of power. (Source: Entergy Arkansas, 18 Aug., 2020) Contact: Entergy Arkansas, Laura Landreaux, Pres., CEO, www.entergy-arkansas.com; Invenergy Renewables, Michael Mulcahey, Business Development Manager, (312) 224-1400, www.invenergyllc.com

More Low-Carbon Energy News Entergy Arkansas,  Solar,  Invenergy Renewables,  


Southern Power Snares 56MW West Virginia Wind Farm (M&A, Ind. Report))
Southern Power
Date: 2020-05-22
Southern Power is reporting acquisition of a majority interest in Chicago-headquartered Invenergy LLC's 56MW Beech Ridge 2 wind farm in Greenbrier County , West Virginia for an undisclosed price. The 20 turbine project came online on 1 May, this year. (Source: Southern Power, renews, 21 May, 2020) Contact: Southern Power, Mark Lantrip, CEO, Invenergy LLC, www.invenergy.com

More Low-Carbon Energy News Invenergy,  Southern Power,  Wind,  


WEC Energy Increases Stake in 750-MW Wind Portfolio (M&A)
WEC Energy Group
Date: 2020-02-21
The Milwaukee-based WEC Energy Group reports it will invest $118 million to up its shareholding from 80 to 90 pct in a 750-MW portfolio of midwestern wind farms developed by Invenergy LLC.

The investment, which will be eligible for 100 pct bonus depreciation and production tax credits, is subject to regulatory approval.

The portfolio includes the 250-MW Blooming Grove wind farm in Illinois, the 300-MW Thunderhead Wind Energy Center and the 200-MW Upstream Wind Energy Center, both in Nebraska. All of the power plants have long-term PPAs wth affiliates of investment-grade multinational corporations. (Source: WEC Energy Group, Renewables, 20 Feb., 2020) Contact: WEC Energy Group, Gale Klappa, (414) 221-7345, www.wecenergygroup.com; Invenergy, Meghan Schultz, Snr VP, Finance & Capital Markets, (312) 224-1400, www.invenergyllc.com

More Low-Carbon Energy News WEC Energy Group,  Wind ,  


WEC Energy Acquiring Majority Stake in Ill. Wind Farm (M&A)
WEC Energy ,Invenergy
Date: 2020-01-29
Milwaukee, Wisconsin-based WEC Energy Group Inc. reports it will acquire an 80 pct ownership interest in ithe McLean County, Illinois, Blooming Grove Wind Farm for $345 million, subject to regulatory approvals.

The project, which has two PPAs in place, will incorporate 94 GE wind turbines with a combined capacity of 250 MW, is being developed by Invenergy and is slated to come online before the year end. (Source: WEC Energy Group, Saur Energy , 28 Jan., 2020) Contact: WEC Energy Group, Gale Klappa, (414) 221-7345, www.wecenergygroup.com; Invenergy, Meghan Schultz, Snr VP, Finance & Capital Markets, (312) 224-1400, www.invenergyllc.com

More Low-Carbon Energy News WEC Energy ,  Invenergy,  Wind,  


Excelsior Snares 109-MW Nebraska Wind Portfolio (M&A Report)
Excelsior Energy Capital,Invenergy
Date: 2020-01-10
Excelsior, Minnesota-based independent renewable energy investor Excelsior Energy Capital reports its North American Renewable Energy Fund has closed on the acquisition of 90.1pct of Invenergy's sponsor equity interests in the combined 109-MW Prairie Breeze II and Prairie Breeze III wind farms in Antelope and Boone counties, Nebraska.

Invenergy will remain a part-owner of the sponsor equity interests in the projects and Invenergy Services will continue to provide O&M and asset management services through a long-term contract. Both projects have 25-year power purchase agreements with Lincoln Electric Systems and the City of Grand Island. (Source: Excelsior Energy Capital, Jan., 2019) Contact: Excelsior Energy Capital , Ryan Fegley, Partner , info@excelsiorcapital.com, www.excelsiorcapital.com; Invenergy, Meghan Schultz, Snr VP, Finance & Capital Markets, (312) 224-1400, www.invenergyllc.com

More Low-Carbon Energy News Wind,  Excelsior Energy Capital,  Invenergy,  


IEA Announces Nebraska Thunderhead Wind Contract (Ind. Report)
Infrastructure and Energy Alternatives
Date: 2019-12-04
Indianapolis-headquartered Infrastructure and Energy Alternatives (IEA), through its IEA Constructors unit, reports receipt of a wind energy project award for construction of the Thunderhead Wind Project in Antelope and Wheeler counties, Nebraska.

The project will utilize 108 GE wind turbines with 300 megawatts of capacity. The power will be delivered into the Nebraska electrical grid. Project work is underway for completion in September 2020.

Chicago-based Invenergy developed the project. The company owns and operates large-scale renewable and other clean energy generation and storage facilities across North America, Latin America, Asia and Europe. It has developed 150 projects with more than 24,000 megawatts of power capacity. (Source: IEA, PR, reve 3 Dec., 2019) Contact: IEA, JP Roehm, CEO, (800) 688-3775, Andrew Layman, (765) 828-2580, andre.layman@iea.net, www.iea.net

More Low-Carbon Energy News Infrastructure and Energy Alternatives,  Wind ,  


Wisc. PSC Considering Proposed Solar Projects (Ind. Report)
Wisconsin Public Service Commission
Date: 2019-12-02
The Wisconsin Public Service Commission (WPSC) reports it is considering the fate of the proposed 150-MW Two Creeks and 300-MW Badger Hollow solar farms that, if built, would more than quadruple the state's solar capacity.

The proposed $390 million projects, which are being reviewed by grid operator MISO, would be developed by energy companies Invenergy and NextEra Energy Resources. Two utilities -- MGE Energy in the Madison area and Wisconsin Public Service Corp. in the Green Bay area -- are seeking to purchase all of the proposed solar project's total power production.

The proposed Badger Hollow solar farm developed by Chicago-based Invenergy would incorprorate 1.2 million solar panels covering about 2,500 acres of farmland in Iowa County in central Wisconsin. The 150-MW Two Creeks solar farm would run by NextEra. (Source: WPSC, Energy News Network, SDD, 30 Nov., 2019) Contact: Wisconsin Public Service Commission, (608) 266-5481, www.psc.wi.gov

More Low-Carbon Energy News Wisconsin Public Service Commission,  Solar ,  


Gratiot County, Mich. Wind Farm Construction Date Set (Ind. Report)
Tradewind Energy,Invenergy
Date: 2019-07-26
Lenexa, Kansas-based Tradewind Energy reports construction of its 75-turbine, Gratiot County Wind Farm in North Shade and New Haven townships Michigan is slated to break ground later this year. Upon completion and commissioning, Consumers Energy will purchase the wind park.

Invenergy developed and completed Gratiot County's first, and the state's largest, wind park in 2012. The wind park includes 133 turbines spread across Wheeler, Bethany, Emerson and Lafayette townships. (Source: Tradewind Energy, Morning Sun, 25 July, 2019) Contact: Tradewind Energy Inc., Justin McGeeney, (913) 888-9463, www.tradewindenergy.com; Invenergy, Nick Matchin, Manager for Renewable Development, (312) 224-1400, www.invenergyllc.com

More Low-Carbon Energy News Tradewind Energy,  Wind,  Invenergy,  


AEP Utilities Seeking 1,485 MW New Wind Generation (Ind Report)
American Electric Power,Public Service Co. of Oklahoma
Date: 2019-07-17
Columbus, Ohio-headquartered American Electric Power (AEP) reports two of its companies -- Public Service Co. of Oklahoma (PSO) and Southwestern Electric Power Co. (SWEPCO) -- are seeking regulatory approvals for the approximate $2 billion purchase of three Oklahoma wind projects totaling 1,485 MW.

The projects, under development by Invenergy, include a 999 MW facility being built north of Weatherford, a 287 MW facility being built southwest of Enid and a 199 MW facility being built south of Alva. Collectively, the three facilities would provide more than 5.7 million MWh of new wind energy annually to serve customers in Arkansas, Louisiana, Oklahoma and Texas.

AEP notes it recently added 724 MW of wind and battery generation to its contracted competitive portfolio and has proposed adding more than 9,100 MW of new wind and solar generation and nearly 2,300 MW of new natural gas generation to its regulated power plant fleet by 2030. (Source: AEP, NA Windpower, 16 July, 2019)Contact: American Electric Power, Nicholas K. Akins, Pres., (614) 716-1000, www.aep.com; Public Service Co. of Oklahoma, www.psoklahoma.com; Southwestern Electric Power Co., www.swepco.com

More Low-Carbon Energy News American Electric Power,  Renewable Energy,  Wind,  Solar,  

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