Global investment firm KKR has signed off on a definitive agreement with NextEra Energy Partners (NEP) to acquire an equity interest in a newly-formed partnership with NEP, which currently holds a portfolio of ten utility scale wind and solar projects across the US with a combined generation capacity of 1.1GW.
The Tennessee Valley Authority (TVA) has signed off on an agreement with First Solar and NextEra Energy Resources to develop the largest solar installations in Tennessee and Alabama at 150MW and 227MW, respectively for Facebook.
NextEra Energy Resources and utility Salt River Project (SRP) have completed the Pinal Central Solar Energy Center in Arizona, an integrated PV plant equipped with a battery system that will store energy and allow SRP to provide power to its customers.
Canada Pension Plan Investment Board (CPPIB) will acquire a 396MW portfolio of six operational wind and solar power projects in Canada from Florida-headquartered NextEra Energy Partners for US$741 million.
Tucson Electric Power (TEP) has entered the US into a new realm of solar at below 3 cents/kWh, after similar prices have been regularly achieved in other countries such as Dubai, Chile and Mexico for over a year now.
Company executives from NextEra Energy Resources and Entergy Arkansas gathered with local leaders Tuesday morning to break ground on Arkansas’ largest universal solar energy project — the 81MW Stuttgart Solar Energy Center.