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Acquisitions

The consolidation continues: AlsoEnergy merges with Locus Energy

AlsoEnergy has acquired/merged with its third energy monitoring and asset management company this summer. This most recent move brings 25 GW and 190,000 projects under AlsoEnergy’s responsibility.

Con Edison’s big buy: 943 MW of solar from Sempra

The $1.54 billion transaction will make Con Edison the 2nd-largest owner of operational solar assets in the United States, and is expected to close by the end of the year.

If you build it, they will buy it: sPower refinances $499 million of wind and solar

The independent power producer has closed on a $499 million, investment grade, private placement financing representing approximately 650 MW of utility-scale wind and solar power projects.

Utility-backed fund raises $681 million for advanced energy technologies

Energy Impact Partners, who partners with 14 electric utilities, has raised $681 million to continue investing in technologies that have a high probability of influencing the future power grid.

Centrica moves into West Coast solar with Vista acquisition

The British energy and services company’s acquisition of the California C&I solar contractor is the latest among a number of moves it has made into solar and batteries.

GIP launches renewable energy developer, acquires 4.7 GW of SunPower assets

Clearway Energy Group has been formed from NRG’s renewable energy businesses and SunPower’s project pipeline.

RBI Solar integrates, literally and figuratively, SolarBOS

Gibraltar Industries, owner of solar racking company RBI Solar, of Cincinnati, OH has acquired balance of system designer SolarBOS, of California.

Mitsubishi buys controlling stake in Nexamp

The acquisition of a share in Nexamp follows on Mitsubishi’s acquisition of BETM, which the company says will serve as the foundation for nationwide clean energy push.

Dominion acquires 240 MW-AC of solar in Virginia

The company has reached a deal with local developer Urban Grid to acquire two upcoming projects, which, when complete, should be the largest in the state of Virginia.

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Musk wants Tesla private – it’s our fault

Elon Musk says he’s secured funding at $420 per share to take Tesla private. His letter to employees points toward short sellers and propaganda peddlers causing stock price volatility.

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