The New England capacity auction brought a series of regulatory issues to light and represented a new first in renewable energy.
Gateway Program Development Corporation (GDC) has launched a pre-procurement process with the opening of a virtual data room that will provide potential bidders with technical information about the US$13bn Hudson Tunnel rail project.
Advanced Power, through subsidiary Carroll County Energy, cut pricing on its US$460m, seven-year Term Loan B ahead of commitments due by Thursday February 14.
Skyline Renewables has acquired a 117MW US wind portfolio from NJR Clean Energy Ventures (CEV), the clean energy subsidiary of New Jersey Resources (NJR).
Greenbriar Capital said the Puerto Rico Electric Power Authority (PREPA) has asked to reopen negotiations on the 100MW Montalva solar and battery project.
The Port Authority of Kansas City, Missouri (Port KC) has issued a request for proposals (RFP) seeking a financial and commercial adviser on a public-private partnership to redevelop a portion of Port KC property as an inland intermodal/multimodal port.
Administrators at the University of Iowa have revealed they are in early stages of exploring a public-private partnership (P3) for operations of the university’s utility system.
The City of Dover, Delaware has issued a request for proposals (RFP) seeking a private partner to develop a parking garage, implement a parking metering system, and develop commercialisation activities in the downtown area. A cost estimate for the P3 has not yet been released. Responses to the RFP are due by March 28.
Sponsors of the 709MW St Joseph’s Energy Center gas-fired project in Indiana have introduced an amendment to its roughly US$450m financing that will reduce the cash sweep feature to 50% from 75%.
Carlyle Power Partners’ Revere Power unit has downsized the Term Loan C portion of its US$586m package backing the acquisition of three New England gas-fired projects.
A task force studying the replacement of the Calcasieu River bridge in Louisiana has proposed a plan that includes a public-private partnership (P3) for a tolled six-lane bridge
Denver Transit Partners (DTP), the private partner on the Denver Eagle FasTracks light rail project, is benefiting from a number of credit-supportive factors that lessen the risk that Colorado’s Regional Transportation District (RTD) will terminate the project agreement, according to Moody’s.
Sponsors of the 961MW Oregon Clean Energy (OCE) gas-fired project in Oregon, Ohio have launched a US$550m credit facility that will refinance debt and pay a distribution to the owners.
NTE Energy has tapped Credit Agricole and SMBC to lead a debt financing of the company’s 475MW Reidsville Energy Center in North Carolina.
Pembina Pipeline and Petrochemical Industries of Kuwait have reached a positive final investment decision (FID) on a petrochemical facility in Alberta.
The City of Calgary expects to use a design-build-finance procurement model for the C4.7bn (US$3.5bn) Green Line light rail transit (LRT) project, which recently secured a funding agreement.
Kroll Bond Rating Agency (KBRA) believes PG&E is likely to request the rejection of many of its power purchase agreements (PPAs) in bankruptcy proceedings.
Natixis has been mandated as exclusive financial adviser on Toto Holdings subsidiary US Wind’s 268MW Maryland offshore wind project.
New England utility Eversource has acquired a 50% stake in four Orsted offshore wind projects for US$225m. The largest scheme is the 704MW Revolution Wind project, which will deliver power to Rhode Island (400MW) and Connecticut (304MW).
California State University in Fresno has shortlisted four consortia on its energy public-private partnership.
ExxonMobil and Qatar Petroleum have made a positive final investment decision (FID) on the US$10bn Golden Pass LNG export project in Sabine Pass, Texas.
The New York State Energy Research & Development Authority (NYSERDA) and New York Power Authority (NYPA) have awarded long-term contracts for wind.
First Infrastructure Capital Advisors has agreed to acquire WhiteWater Midstream from Denham Capital Management and Ridgemont Equity Partners.
Sempra Energy has received a favourable final environmental impact statement (FEIS) from the Federal Energy Regulatory Commission (FERC) on the Port Arthur LNG export project in Jefferson County, Texas and its connecting pipelines.
QIC Global Infrastructure has won a 50-year concession with Northeastern University in Boston to oversee its campus-wide parking system and potential future technology-related mobility services.
Transurban has signed an agreement with Virginia to invest more than US$1bn in transport infrastructure along the Capital Beltway and Interstate 95.
EPIC Crude Services has launched a financing package to fund construction of the 730-mile EPIC oil pipeline in New Mexico and Texas.
Hearings have been held on a proposed bill that would give Maryland counties veto power over the US$9bn plan to widen the Capital Beltway, Interstate 270 and the Baltimore-Washington Parkway.
The US Army Corps of Engineers (USACE) has issued a request for information (RFI) on conceptual public-private partnership (P3) delivery of specific USACE civil projects.
Airlines that use Kansas City International Airport (KCIA) have reached an agreement on how they will split costs on a new terminal project, allowing the project to proceed to financing after months of little progress.
BlackRock Real Assets has agreed to sell a portfolio of four operating solar projects in Ontario to Washington-based insurance and financial services provider Ullico.
Metrolinx chief executive Phil Verster said the agency plans to impose financial penalties on Bombardier after the company delivered only three of six promised vehicles for Toronto’s Eglinton light rail transit (LRT) by the February 1 deadline.
Argo Infrastructure Partners has invested in a 114MW portfolio of commercial and industrial (C&I) solar assets with long-term power purchase agreements (PPAs).
Lightsource BP has been selected to construct a 70MW solar project for Pennsylvania State University.
Northern Indiana Public Service Company (NIPSCO) has finalised long-term contract agreements with Apex Clean Energy, EDP and NextEra to develop three wind farms totalling 802MW.
New Jersey has selected 23 advisers to add to its public-private partnership adviser pool. The pool will be in place for one year and advisers will be used on an as-needed basis.