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Acciona, Tenaska Ink 4-GW U.S. Solar, Storage Deal (M&A)
Acciona,Tenaska
Date: 2019-10-25
Madrid-based Acciona Energia SA reports an agreement under which Omaha, Nebraska-based energy company Tenaska will acquire 3,000 MW of utility-scale solar photovoltaic (PV) projects and a 1-GW battery storage development portfolio of 20 U.S. projects in Pennsylvania, Ohio, Kentucky, Illinois, Kansas, Oklahoma and Missouri, within the area of the PJM Interconnection and Southwest Power Pool (SPP) transmission markets.

Acciona plans to commission the first eight projects, with some 1,200 MW of rated capacity, before the end of 2023. Tenaska, through its solar unit Tenaska Solar Ventures, will work with Acciona to finalize the development of the projects.

Presently, Acciona has over 1,245 MW of wind power assets installed or under construction in North America, and owns and operates a concentrated solar power (CSP) plant near Las Vegas. (Source: Acciona, Power Engineering, Oct., 2019)Contact: Acciona Energia, www.acciona-energia.com; Tenaska, (402) 691-9700, info@tenaskacapital.com, www.tenaskacapital.com

More Low-Carbon Energy News Acciona,  Tenaska,  Solar,  


Acciona Acquiring Tenaska Wind Portfolio (M&A, Ind. Report)
Acciona,Tenaska
Date: 2019-10-23
Madrid-based Spanish renewable energy major Acciona Energia Acciona SA is reporting an agreement to acquire 3,000 MW of utility-scale U.S. solar PV projects and a 1-GW battery storage development portfolio from Omaha, Nebraska-based energy company Tenaska.

The capacity is distributed between 20 projects in Pennsylvania, Ohio, Kentucky, Illinois, Kansas, Oklahoma and Missouri, within the area of the PJM Interconnection and Southwest Power Pool (SPP) transmission markets. Acciona plans to commission the first eight projects, with some 1,200 MW of rated capacity, before the end of 2023. Tenaska, through its solar unit Tenaska Solar Ventures, will work with Acciona to finalize the development of the projects, according to the company. Acciona presently has more than 1,245 MW of wind power assets installed or under construction in North America as well as a concentrated solar power (CSP) plant near Las Vegas, Nevada. (Source: Acciona Energia, Power Engineering, 21 Oct., 2019)Contact: Acciona Energia, www.acciona-energia.com; Tenaska, (402) 691-9700, info@tenaskacapital.com, www.tenaskacapital.com

More Low-Carbon Energy News Acciona,  Solar ,  Tenaska,  Wind,  Solar,  


Highview Power Contracts with Tenaska Power Services for US Cryogenic Energy
Highview Power
Date: 2019-07-17
In the U.K., London-headquartered cryogenic energy storage system specialist Highview Power reports it has contracted with Texas-based energy management firm Tenaska Power Services Co. to identify, model, optimize and provide energy management services for up to four giga-scale cryogenic energy storage plants in the U.S. over two years. The initial project is expected to be developed in the ERCOT market.

At giga-scale, Highview Power's long-duration energy storage systems paired with renewables are equivalent in performance to thermal and nuclear baseload power. Highview Power's CRYOBattery™ is currently the only long-duration energy storage solution that is locatable and offers multiple gigawatt-hours of storage, representing weeks' worth of storage, rather than hours or days. (Source: Highview Power, PR, 16 July, 2019) Contact: Highview Power, Javier Cavada, Pres., CEO, +44 (0) 203 350 1000, info@highviewpower.com, www.highviewpower.com; Tenaska Power Services, www.tenaska.com

More Low-Carbon Energy News Highview Powe,  Energy STorager,  


Tenaska Closes $302Mn Financing for Missouri Wind Farm (Funding)
Tenaska,Mortenson
Date: 2019-04-24
Further to our Feb. 19, 2018 coverage, Kallanish Energy is reporting Omaha-headquartered independent power producer Tenaska has closed on approximately $302 million in commercial financing for Tenaska Clear Creek Energy Center, a 242-MW wind project under construction in Nodaway County Missouri.

Vestas is supplying 111 wind turbines and will provide maintenance services for the project. Mortenson is providing engineering, procurement and construction (Epc) services for the project which is expected to come online before the year end. The project will deliver power under a 25-year PPA with Associated Electric Cooperative, a 910,000-member cooperative based in Springfield, Missouri. (Source: Tanaska, Kallanish Energy, 23 April, 2019) Contact: Tenaska, (402) 691-9700, info@tenaskacapital.com, www.tenaskacapital.com; Mortenson Construction, Tim Maag, VP Wind Energy Group, www.mortenson.com/wind

More Low-Carbon Energy News Tenaska,  Wind,  Mortenson,  


Hero BX Snares Clinton, Iowa Biodiesel Facility (Ind Report, M&A)
Hero BX
Date: 2018-09-28
In Erie, Pennsylvania, Lake Erie Biofuels, -- dba Hero BX -- is reporting the September 21st acquisition of the former Clinton County Biodiesel facility in Clinton, Iowa, from Tenaska Commodities LLC, an affiliate of Tenaska Inc.

Hero BX expects plant upgrades to be completed and production to begin before the year end.

This acquisition brings the production complement of Hero BX to Erie, Pennsylvania; Moundville, Alabama; South Roxana, Illinois; tolling at the IRE facility in Washington, Iowa; as well as blending and distribution in North Hampton, New Hampshire. (Source: Hero BX, 26 Sept., 2018) Contact: Hero BX, Chris Peterson, Pres., Tim Keaveney, Exec. VP Business Dev., (814) 528-9200, www.herobx.com

More Low-Carbon Energy News Hero BX,  Biodiesel,  


Tenaska Inks 236 MW Missouri Wind Farm PPA (Ind. Report)
Tenaska,Associated Electric Cooperative
Date: 2018-02-19
Omaha-headquartered independent power producer Tenaska reports it has inked a 236 MW, 25-year PPA with Associated Electric Cooperative Inc. for a wind from Tenaska's Clear Creek Energy Center which is currently in advanced development near Maryville in Nodaway County, Missouri. The Clear Creek project will incorporate approximately 100 to 120, i2 MW-3 MW wind turbines. Construction of the $200 million to $300 million project is expected to begin in 2019 for commissioning in 2020.

Associated Electric, an electric generation and transmission cooperative based in Springfield, Mo., provides wholesale power to six regional cooperatives, including NW Electric Power Cooperative Inc. of Cameron, Mo., and 51 local cooperative systems in Missouri, southeast Iowa and northeast Oklahoma that serve 910,000 members. Associated's resource mix includes coal, natural gas, wind and hydropower. (Source: Tensaka, Various Media, NA Windpower, 15 Feb., 2018)Contact: Associated Electric Cooperative, David J. Tudor, CEO and GM, www.aeci.org; Tenaska, (402) 691-9700, info@tenaskacapital.com, www.tenaskacapital.com

More Low-Carbon Energy News Tenaska,  Wind,  Vestas,  


Tenaska, Minnesota Power Ink Wind Nobles 2 PPA (Ind. Report)
Tenaska,Minnesota Power
Date: 2017-06-09
US energy company Tenaska is reporting the signing of a 20-year PPA under which it will supply electricity to Minnesota Power from the 250-MW, Vestas turbine-equipped Nobles 2 wind project.

The 125-turbine wind farm, near Wilmont, is currently under development with construction slated to get underway in the second half of 2018. Commissioning and startup is expected in December 2019. The Nobles 2 project is part of a development portfolio that Tenaska acquired in 2016 from PRC Wind. Minnesota Power, which selected the project following a competitive process, has an option to purchase the wind farm after 10 years of production. (Source: Tanaska, Minnesota Power, RenewablesNow, Others, 7 June, 2017) Contact: Tenaska, (402) 691-9700, info@tenaskacapital.com; www.tenaskacapital.com; Minnesota Power, ALLETE, Alan Hodnik, Pres., CEO, Dave McMillan, Exec. VP, (218) 722-2625, www.mnpower.com

More Low-Carbon Energy News Minnesota Power,  Tenaska,  Wind,  

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