Maturation of solar asset class into subsidy-free venture in some markets could see industry become better fit with utilities comfortable with power price swings, firm says.
NextEra Energy Partners has announced a private offering of US$500 million in senior unsecured notes due 2026 by its subsidiary company NextEra Energy Operating Partners (NEP OpCo).
Firm’s subsidiary inks PPA with farmer power cooperative for Skeleton Creek project, billed as the largest triple hybrid of its kind to see the light in the US.
NextEra Resources will build a 100MW solar farm for Arkansas utility Entergy Arkansas, to include 30MW of battery energy storage, as Entergy seeks to build out solar capacity in the state.
Arbitration court finds NextEra Energy is entitled to compensation after having to shelve Spanish subsidiary when the country scrapped feed-in tariffs retroactively.
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.
Already set to develop a wind project in Lancaster County, Nebraska, NextEra Energy is reportedly in talks to also develop a large-scale PV project in the northeastern part of the US state.
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.
Madison Gas and Electric (MGE) and WEC Energy Group (WEC), through its Wisconsin Public Service (WPS) subsidiary, have formed a partnership to develop two large-scale PV projects in Wisconsin.
