Acquisitions

One of the largest community solar companies in the industry has been bought up by North American Infrastructure Partners, as patient capital continues its solar buying spree.

NextEra continues to show growth in both projects deployed and its pipeline of solar, wind and energy storage, with solar projects alone growing by 485 MWac.

Dominion is building three solar projects and acquiring two more completed plants. Add in one recently completed, and the utility will be supplying 350 MWac to feed the tech giant’s desire for emissions-free electricity.

In the largest single-day announcement to date, Duke Energy has announced 14 projects to be built across the Carolinas, totaling 602 MW in capacity.

US Solar Fund has completed its initial public offering on the London Stock Exchange, raising $200 million with a goal to investing in $4.8 billion in utility-scale projects across the Americas.

Mercom Capital Group’s Q1 2019 Solar Funding & M&A report shows $2.8 billion in venture capital, public market and debt financing, versus $2.5 billion a year ago. Large-scale project financing reached a record $5.58 billion across 43 deals, while there were 18 solar corporate M&A transactions.

SUSI Partners has purchased a 50% stake in Macquarie Capital’s 63 MW / 340 MWh distributed energy storage portfolio located in Southern California. Included as part of this purchase is the world’s largest virtual power plant.

An investment firm owned by the family behind Lego has bought a majority stake in solar asset owner Enerparc’s U.S. business. Enerparc’s management team will maintain a minority interest.

Hello and welcome to your Hump Day pvMB. Today we’ll be looking at the solar “Squid Boat” taking Key West by storm, Badger State Solar Park getting a power contract, Hanwha Q CELLS LA Dodgers partnership and everything else you need to stay informed.