Australia’s AGL Energy has agreed to divest 19.9% of its equity interest in Tilt Renewables to Queensland Investment Corporation (QIC) and a Future Fund-led consortium for AU$750 million (US$488 million).
Developer-operator Plus Power has secured US$160 million in tax equity investments from Morgan Stanley for two battery energy storage system (BESS) projects in Massachusetts and Maine, US.
Developer Flatiron Energy has increased its US$125 million credit facility with certain funds and accounts managed by HPS Investment Partners, to US$250 million.
The Australian Parliament has received the Environment Protection and Biodiversity Conservation (EPBC) Act reform bills, marking the government’s latest attempt to overhaul environmental legislation that has faced criticism for delaying renewable energy projects and contributing to biodiversity decline.
Genera PR, the company operating the majority of Puerto Rico’s energy generation resources, has begun construction on a 52MW battery energy storage system (BESS) at the Cambalache Power Plant in Arecibo.
BYD and Skysense, a Mexico-based developer of solar, storage and green hydrogen projects, announced an alliance for the implementation of 300 MWh of energy storage in Mexico and Latin America.
Propwr, a division of ProPetro, has secured a long-term power supply contract to commit 60MW of energy to support a hyperscaler data centre operator in the Midwest region of the US.
