Eolian in the News
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Golden Hills Wind Farm in Oregon Achieves Commercial Operation
May 02, 2022 01:25 PM Eastern Daylight Time
ORANGE, Conn.--(BUSINESS WIRE)--Avangrid Renewables, LLC, a subsidiary of AVANGRID, Inc. (NYSE: AGR), today announced that it has achieved commercial operation at its 200 Megawatt (MW) Golden Hills wind farm in Sherman County, Oregon. The facility, which provides enough clean, renewable electricity to Puget Sound Energy (PSE) to power over 60,000 homes annually, began operations on April 29, 2022.
The project will help PSE meet its goals to reduce carbon dioxide emissions while providing additional capacity to serve customers, particularly during winter periods of high electricity demand. The project is Avangrid Renewables’ 7th wind project in Sherman County, 11th in Oregon, and 14th in the Pacific Northwest.
“Delivering on this project represents an important milestone for Avangrid Renewables as we continue to build on our robust portfolio of project in the Pacific Northwest region and advance our position as a leading renewable energy developer in the U.S.,” said Jose Antonio Miranda, Avangrid Renewables’ president and CEO, Onshore. “We are pleased to work with Puget Sound Energy to help it meet its ambitious goals to reduce emissions and provide clean, reliable power to its customers.
Natixis Corporate & Investment Banking Executes $100 Million Letter of Credit Facility for Eolian
Natixis Corporate & Investment Banking, acting as Sole Lead Arranger and Letter of Credit Issuer, has announced the closing of a USD $100 million Letter of Credit Facility on November 11, 2021, to support Eolian, L.P. Eolian was formed in December 2020 through a consolidation of energy assets that had been assembled starting in 2005 by the founding management team and today includes an expansive nationwide development portfolio as well as revenue interests in more than 20,000 MW of operating energy storage, solar and wind projects across the United States. Eolian is owned by its employees and funds managed by Global Infrastructure Partners (GIP), a global, independent infrastructure investor. Eolian expands on GIP's global renewables investment strategy, which has a proven track record of value creation. GIP's current portfolio includes approximately $9 billion of equity investments and commitments in the sector, equity ownership interests in over 14 GW of operating renewable and battery storage assets, and 99 GW under construction or in development.
D. E. Shaw Renewable Investments (DESRI) Announces Signing of 350MWac of Clean Power Projects with Entergy Louisiana
NEW YORK, Nov. 18, 2021 /PRNewswire/ -- D. E. Shaw Renewable Investments (DESRI), a leading renewable energy producer in the U.S., today announced the signing of three renewable energy off-take agreements with Entergy Louisiana (ELL). The solar facilities will be built under power purchase agreements (PPAs) or build transfer agreements (BTAs) with ELL to support its growing renewable energy portfolio in the region and help power local customers' electricity needs:
The Vacherie Solar Energy Center (Vacherie) will be a 150 MWac facility in St. James Parish, Louisiana;
The SJ Louisiana Solar Project (SJ Solar) will be a 150 MWac facility in St. James Parish, adjacent to Vacherie;
The Sunlight Road Solar Project (Sunlight Road) will be a 50 MWac solar facility in Washington Parish.
Innergex Announces the Tax Equity Funding of Amazon Solar Farm Ohio - Hillcrest in Ohio, USA
LONGUEUIL, QC, Nov. 17, 2021 /CNW Telbec/ - Innergex Renewable Energy Inc. (TSX: INE) ("Innergex" or the "Corporation") announces the tax equity funding of the 200 MW Amazon Solar Farm Ohio – Hillcrest ("Hillcrest"), located in Brown County, Ohio, concluded today. Hillcrest is currently the largest solar facility in operation in Ohio, and since the commencement of commercial operation on May 11, 2021, 100% of its generated electric output and environmental attributes has been sold under a long-term corporate power purchase agreement to an investment grade rated US corporation.
"This is Innergex's second largest solar farm commissioned to date, which adds 200 MW to our solar portfolio," said Michel Letellier, President and Chief Executive Officer of Innergex. "While the commissioning of Hillcrest contributes to Innergex's energy diversification efforts, Ohio represents an exciting new market for us, one that provides the opportunity for us to build clean utility-scale solar that will benefit Ohioans for decades. "
Intermountain Healthcare Going Solar with Major Renewable Energy Project in Emery County
Intermountain Healthcare is taking a major step in sustainability by joining a utility-scale solar project near Huntington, Utah, that will supply 20 percent of the health system’s total electricity needs.
The new power purchase agreement from the Castle Solar Project, owned and being developed by D. E. Shaw Renewable Investments (DESRI), will supply Intermountain facilities with clean renewable energy for the next 20 years.
Total adds 2.2 GW to its U.S. solar portfolio and covers all its power consumption in the country with green electricity
Paris, February 5, 2021 – Total strengthens its presence in the U.S. market by acquiring a development pipeline of 2.2 GW of solar projects, and 600 MW of battery storage assets, all located in Texas. The projects are bought from SunChase Power, a renewable energy company focused on developing utility-scale energy projects, and MAP RE/ES, a private energy investment firm.
Cordelio Power Acquires 150 MW Solar Development Project in Missouri
TORONTO, Dec. 15, 2020 /PRNewswire/ - Cordelio Power (“Cordelio”) is pleased to announce the acquisition of a 150 MW solar project (“Winfield”) under development in Lincoln County, Missouri.
Cordelio acquired the Winfield project from a joint venture between Dakota Power Partners, LLC (“Dakota”) and MAP Energy (“MAP”), the original developers of the project. Dakota will initially provide transition development services for the project, with Cordelio ultimately managing the project’s development as part of its growth efforts in the Midwest.
Rocky Mountain Power contracts to deliver renewable energy for six large customers
SALT LAKE CITY— The Utah Public Service Commission provided final approval of an application by Rocky Mountain Power, on behalf of six large organizations in the state, to purchase electricity and renewable energy attributes from a large new solar project in Tooele County that is owned and being developed by D. E. Shaw Renewable Investments (DESRI). The application makes use of the Schedule 34 Renewable Energy Tariff, allowing large customers of Rocky Mountain Power to work through the utility to source renewable energy to meet the organizations’ clean energy goals.
The six customers include three local governments (Salt Lake City, Park City, and Summit County), one higher-education institution (Utah Valley University), and two ski resorts (Deer Valley Resort and Park City Mountain).
D. E. Shaw Renewable Investments announces the signing of 155MWac of PPAs in Utah with Facebook and PacifiCorp
Rocket Solar is an 80 MWac solar facility to be built outside of Corinne in Box Elder County, Utah. Horseshoe Solar is a 75 MWac solar facility to be built outside of Grantsville in Tooele County, Utah. Both projects are scheduled to begin operations in 2022 to supply clean solar energy to Facebook under the Schedule 34 Renewable Energy Tariff, which enables customers to work with Rocky Mountain Power, a division of PacifiCorp and part of Berkshire Hathaway Energy, to meet their renewable energy goals by facilitating the construction and contracting of new renewable energy projects. The projects will help Facebook meet its goal of supporting its operations in the region with 100% renewable energy and reducing greenhouse gas emissions by 75%.
Dow Accelerates Sustainability with New Wind Farm Agreement for Texas Facility
As a part of Dow’s Energy Plan and its Sustainability Goals, The Dow Chemical Company has taken another step towards reducing its own carbon “footprint.” Marking milestone progress, Dow’s Energy business has signed a long-term agreement with a new wind farm, currently under development in South Texas by a subsidiary of Bordas Wind Energy, LLC, a joint venture between MAP and Enerverse, LLC.