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US ROUND-UP: EDF signs second PPA for Texas project, Exelon separates utility & competitive energy business


US ROUND-UP: EDF signs second PPA for Texas project, Exelon separates utility & competitive energy business
Exelon separates utility & competitive energy business
24 February, 2021: Chicago-based energy company Exelon’s board of directors have agreed to separate its power generation business from its utility interests, creating two publicly-listed companies.
The split, which will be structured as a tax-free spinoff, will provide each new company with the financial independence to focus on their  “specific  customer needs”, Exelon said in a statement last week.
As part of the deal Exelon Utilities, known as RemainCo, will become the parent company for its six electricity and natural gas utilities Atlantic City Electric, BGE, ComEd, Delmarva Power, PECO and Pepco. Exelon Generation, meanwhile, will launch SpinCo, a business that Exelon claims is the largest supplier of clean energy across the US. SpinCo has a 31GW capacity portfolio of nuclear, wind, solar, n ....

Wharton County , United States , United Kingdom , Matt Mccluskey , Chris Crane , Energy Efficiency Income Trust , Exelon Corporation , City Solar , Exelon Utilities , Atlantic City Electric , Delmarva Power , Exelon Generation , Texas Space City Solar , Enterprise Products , Space City Solar , Efficiency Income Trust , Onyx Renewable Partners , வார்டன் கவுண்டி , ஒன்றுபட்டது மாநிலங்களில் , ஒன்றுபட்டது கிஂக்டம் , மேட் ம்க்க்லஸ்கீ , கிறிஸ் கிரேன் , ஆற்றல் செயல்திறன் வருமானம் நம்பிக்கை , எக்ஷேலோன் நிறுவனம் , நகரம் சூரிய , எக்ஷேலோன் பயன்பாடுகள் ,

Blackstone sells $150M solar power portfolio | Real Estate Weekly


Blackstone Group is selling a $150 million portfolio of
solar power facilities to UK energy investment firm, SDCL Energy Efficiency
Income Trust plc, or SEEIT.
The deal includes a 50 per stake in Onyx Renewable Partners,
the development platform formed by Blackstone in 2016 to identify and to
develop North American renewable energy power projects.
SEEIT will take a 100 percent interest in four commercial
and industrial ) portfolios with a combined capacity surpassing 175 MW. The
agreed transaction will provide SEEIT with access to Onyx’s follow-on pipeline,
which is seen growing to more than 500 MW over the next five years.
The four portfolios in question include more than 200 ....

United States , United Kingdom , Jonathan Maxwell , Blackstone Group , Sustainable Development Capital , Energy Efficiency Income , Efficiency Income Trust , Onyx Renewable Partners , North American , ஒன்றுபட்டது மாநிலங்களில் , ஒன்றுபட்டது கிஂக்டம் , ஜொனாதன் மேக்ஸ்வெல் , கருப்பு கல் குழு , நிலையான வளர்ச்சி மூலதனம் , ஆற்றல் செயல்திறன் வருமானம் , செயல்திறன் வருமானம் நம்பிக்கை , ஓனிக்ஸ் புதுப்பிக்கத்தக்க கூட்டாளர்கள் , வடக்கு அமெரிக்கன் ,

UK investor agrees 175MW US PV purchase


UK investor SDCL Energy Efficiency Income Trust (SEEIT) is to acquire a portfolio of solar and energy storage projects in the US with combined capacity over 175MW from Blackstone Group and take a 50% stake in Onyx Renewable Partners follow-on pipeline totalling more than 500MW.
Blackstone will remain a 50% partner in Onyx, which created the solar portfolios.
The total price of the consideration is $150m and initially covers over 200 operational, construction and development stage rooftop, carport and ‘private wire’ ground mounted solar PV projects in 18 US states.
Clients include municipalities, universities, schools, hospitals, military housing providers, utilities and corporates.
The operational projects are contracted under long-term power purchase agreements with predominantly investment grade C&I counterparties. ....

New York , United States , United Kingdom , Jonathan Maxwell , Blackstone Group , Energy Efficiency Income Trust , Sustainable Development Capital , Efficiency Income Trust , Onyx Renewable Partners , புதியது யார்க் , ஒன்றுபட்டது மாநிலங்களில் , ஒன்றுபட்டது கிஂக்டம் , ஜொனாதன் மேக்ஸ்வெல் , கருப்பு கல் குழு , ஆற்றல் செயல்திறன் வருமானம் நம்பிக்கை , நிலையான வளர்ச்சி மூலதனம் , செயல்திறன் வருமானம் நம்பிக்கை , ஓனிக்ஸ் புதுப்பிக்கத்தக்க கூட்டாளர்கள் ,

Investegate |SDCL Energy Effcncy. Announcements | SDCL Energy Effcncy.: Acquisition of Solar and Storage Projects in US


( SEEIT or the Company )
Acquisition of Solar and Storage Projects in the United States
SEEIT is pleased to announce that it has agreed to acquire a series of portfolios of commercial and industrial ( C&I ) on-site solar and energy storage projects in the United States, together with a 50% interest in the platform that has created them, Onyx Renewable Partners ( Onyx ) from funds managed by Blackstone ( Blackstone ) for a consideration of approximately $150 million. Blackstone will remain a 50% partner in Onyx.
SEEIT will acquire a 100% interest in four portfolios totalling over 175 MW, which provide renewable energy generated on-site directly to the end-user, and a 50% interest in Onyx s follow-on pipeline, which is projected to exceed 500MW over the next 5 years. The four portfolios comprise over 200 operational, construction and development stage rooftop, carport and private wire ground mounted solar PV projects, located in 18 US states. Clie ....

New York , United States , Hong Kong , United Kingdom , City Of , Jonathan Maxwell , Black Stone , Tom Yeadon , Joe Mcgregor , Purvi Sapre , Gaudi Le Roux , Ed Orlebar , Jefferies International , Financial Conduct Authority , Energy Efficiency Income , Sustainable Development Capital , Efficiency Income Trust , Storage Projects , Onyx Renewable Partners , North America , Ordinary Share , Continental Europe , Financial Conduct , புதியது யார்க் , ஒன்றுபட்டது மாநிலங்களில் , ஹாங் காங் ,