- EDF Renewables North America has signed a PPA with Clean Power Alliance for solar & storage project in California
- Quanta Services has signed a definitive agreement to acquire utility scale renewable energy infrastructure company Blattner Holding Company
- CIP has sold off its stake in 20 projects with a combined capacity of 122 MW in North Carolina
PPA for 300 MW solar project: EDF Renewables North America (EDFR) has entered a 15-year power purchase agreement (PPA) with Clean Power Alliance (CPA) for 300 MW AC Desert Quartzite Solar Project with 600 MWh battery energy storage system (BESS) it is developing in California’s Riverside County. The facility is to come up on land administered by the federal Bureau of Land Management (BLM) in a solar energy zone (SEZ). It will become operational in February 2024 and deliver clean energy to CPA’s customers in Los Angeles and Ventura counties. It plans to deploy horizontal single-axis tracking solar PV technology for this project.
Quanta Services to acquire Blattner: Contracting services company Quanta Services has entered into a definitive agreement to acquire utility scale renewable energy infrastructure services provider Blattner Holding Company. Blattner has completed or been awarded more than 300 wind projects, representing over 49 GW of installed generating capacity, more than 90 solar projects representing installed solar generation capacity exceeding 12 GW and 17 energy storage projects, shared Quanta. “We believe what Quanta is to the electric power solutions industry, Blattner is to the utility-scale renewable energy solutions industry,” said Quanta’s President and CEO Duke Austin. “Blattner has a strong and visible project backlog, and we believe their financial contribution will be accretive to Quanta’s growth, margins, cash flow conversion and earnings per share.” Blattner will serve as a platform operating unit of Quanta.
CIP sells off 122 MW solar: Copenhagen Infrastructure Partners (CIP) has sold off its stake in 20 projects with a combined capacity of 122 MW in North Carolina, US to a wholly owned subsidiary of TransAlta Corporation. All projects were commissioned as of May 2021. CIP has divested its stake through its fund Copenhagen Infrastructure II K/S. The definitive agreements are expected to close later this year. TransAlta said this acquisition marks a significant expansion of its solar footprint in the US.