January 2022

Blackstone Debuts Credit Platform Focused on Renewable Energy Investments

Jon Gray Blackstone has launched Blackstone Credit’s Sustainable Resources Platform, which will focus on investing in and lending to renewable energy companies and those supporting the energy transition. This initiative brings together Blackstone Credit’s scale and expertise in these areas with the firm’s ESG and portfolio operations capabilities to deliver value by providing new solutions

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Evidence grows that global solar supply chains are diversifying

Heliene’s Heterojunction Solar Cell Module Manufacturing Facility in Riviera Beach, Florida (Courtesy of Heliene). More than a year after global solar energy markets were rocked by credible allegations of forced labor’s use in parts of in China, evidence is mounting that supply chains are diversifying away from those conflict regions. This shift is partly due

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Ameresco, PEI Energy Corp. Develop Solar Microgrid Project for Prince Edward Island

Breaking ground for the Slemon Park Microgrid Project Ameresco Inc. is a cleantech integrator that specializes in energy efficiency and renewable energies. It has been awarded the Slemon park microgrid project in Canada by Prince Edward Island Energy Corp. The two will work collaboratively with the Slemon Park Corp. to utilize the park’s infrastructure to

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MidAmerican Energy Proposes $3.9 Billion Solar and Wind Portfolio in Iowa

MidAmerican Energy is planning a $3.9 billion renewable energy project in Iowa, including wind and solar generation, and the exploration of new technologies to advance the company’s transition to net-zero greenhouse gas emissions. In a filing with the Iowa Utilities Board, MidAmerican’s proposed project, called Wind PRIME, would add 2,042 MW of wind generation and

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Verizon Purchases Up to 640 MW of Renewable Energy from Leeward

Barilla Solar is another Leeward Renewable Energy Project, and it’s located in Pecos, Texas. Leeward Renewable Energy has entered into a 15-year renewable energy purchase agreement (REPA) with Verizon Communications. Verizon will purchase the energy generated from four of Leeward’s wind and solar projects under development: Blackford County Wind, Horizon Solar, White Wing Ranch Solar

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Napier Park, Ethical Power Partnership Invests in Large Solar and Battery Storage Resources

Tom Kneen Ethical Power Group, Napier Park Global Capital, and Lynher Energy have formed a joint venture. This joint venture will invest in large-scale storage and solar assets in Europe, the U.K., and elsewhere in Europe. Ethical Power will serve as the servicer for the joint venture. This includes providing services related to development, construction

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