Three US utilities have hit out at proposed changes to Texas’s energy market that they say would lead to new costs for solar facilities and curb investment in the state’s renewables sector.
US energy provider Southern Power has entered into an agreement to sell a 33% minority stake in its PV portfolio to Global Atlantic Financial Group Limited for a purchase price of US$1.175 billion.
ESCO Pacific and Elliott Advisers have reached financial close on both the 98MW Susan River Solar Farm and 75MW Childers Solar Farm — both located in South East Queensland, Australia.
Southern Company subsidiary Southern Power has acquired the controlling interest in the 100MW Boulder Solar I Facility in Nevada from SunPower, which will own the remaining interest in the project.
Southern Company subsidiary Southern Power has acquired a controlling interest in the 102MW Henrietta Solar Project in Kings County, California, from SunPower. SunPower will own the remaining interest in the site.
Southern Company and PowerSecure International have completed their merger, with PowerSecure now set to become a wholly owned subsidiary of Southern Company.
US energy company Southern Company and utility technology provider PowerSecure International have both approved a definitive merger agreement through which Southern Company will acquire PowerSecure.
