Iberdrola inaugurates 496-MW Saint-Brieuc wind farm offshore France
Sep 19, 2024 16:25 CESTIndependent solar power producer (IPP) Sonnedix Power Holdings Ltd will transfer all of its solar operations in Puerto Rico, including 73.2 MW of installed capacity, to US private equity house ArcLight Capital Partners LLC.
Named Puerto Rico Operations, the portfolio consists of two operating photovoltaic (PV) plants -- Oriana and Horizon, a dedicated operations and asset management team, and other entities focused on solar and battery energy storage projects.
Once the deal is closed, Puerto Rico Operations will conduct business under the Infinigen name, ArcLight's renewables platform.
The decision to leave the Puerto Rican market comes as a strategic manoeuvre to focus on other US markets, CEO Axel Thiemann said.
Subject to customary conditions, the deal is to be completed in two stages between December 2021 and March 2022, the solar IPP added.
Iberdrola inaugurates 496-MW Saint-Brieuc wind farm offshore France
Sep 19, 2024 16:25 CESTNacap to build hydrogen pipeline for AGA’s Aussie green ammonia project
Sep 19, 2024 16:03 CESTKKR fund increases tender offer price for Greenvolt
Sep 19, 2024 15:32 CESTStatkraft connects 44.5-MW solar farm to grid in Spain
Sep 19, 2024 15:28 CESTBlueFloat, China’s Dajin to partner on floating wind supply chain
Sep 19, 2024 15:04 CESTDeutsche Windtechnik wins turbines maintenance contract in Sweden
Sep 19, 2024 14:55 CEST