Copenhagen Infrastructure Partners (CIP) has issued the final notice to proceed (FNTP) for the Patache BESS project, marking its official construction. The project is located in Iquique, Chile. The project has a 300 MW/1,500 MWh capacity. The project is being managed through CIP’s Growth Markets Fund II. The project builds on CIP’s 1,100 MWh Arena BESS project in the Antofagasta region.
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Kruger Energy has begun construction of the 196 MW Saint-Paul-de-Montminy wind farm located within the municipalities of Saint-Paul-de-Montminy, Notre-Dame-du-Rosaire and Sainte-Apolline-de-Patton in Quebec. The project involves an investment exceeding $580 million. The project is expected to be commissioned by December 2027 and has secured all required approvals.
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Matrix Renewables has begun commercial operations of the 281 MWdc Stillhouse Solar PV project in Bell County, Texas, alongside ITC funding and long-term debt conversion. The project represents an investment of over $380 million and includes 15-year PPAs with affiliates of Hyundai Motor Group. The project will help supply clean energy to roughly 48,862 households.
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Atlas Renewable Energy, has closed the financing for the El Campano Solar project located in Córdoba, Colombia. The project will involve the construction and operation of a 128.8 MWdc solar plant. The financing structure for the project involved a loan of $77.6 million and a commercial credit facility of $15.5 million. Financiera de Desarrollo Nacional and BBVA CIB, acted as lenders and issuers of letters of credit.
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Revolve Renewable Power has signed the final interconnection agreement with Comisión Federal de Electricidad for its 130 MW EL24 Wind Project in Tamaulipas, Mexico. The project has also received its environmental permit from the Secretariat of Environment and Natural Resources (SEMARNAT). Additionally, the project has already secured the final generation permit from Comisión Nacional de Energía, Mexico’s renewable energy regulator.
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CFE Calificados, a subsidiary of Federal Electricity Commission (CFE), has signed power purchase agreements (PPAs) with Copenhagen Infrastructure Partners (CIP), in partnership with Sunstone Power, for two solar-plus-storage projects in Campeche, Mexico. The projects include Alegría Solar, comprising 600 MW of solar and 300 MW of storage, and Esperanza Solar, comprising 300 MW of solar with 150 MW of storage.
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Heelstone Renewable Energy, a Qualitas Energy company, has commenced construction on two solar projects totaling 206 MW in Georgia and Michigan. The 104 MW Alligator Creek project in Georgia and the 102 MW Murch project in Michigan are both slated for commercial operation by the end of 2026. EPC agreements have been executed with Pure Power Contractors for the Georgia site and Greensol Renewables for the Michigan facility.
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Plug Power Inc. has been awarded the front-end engineering design (FEED) contract to supply a 275 MW GenEco PEM electrolyzer system for Hy2gen Canada’s Courant project. The facility located in Baie-Comeau, Québec, will support Hy2gen’s production of low-carbon ammonia using electricity delivered through the Hydro-Québec grid.
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Geronimo Power has launched commercial operations at the 117 MW Dodson Creek Solar Project in Highland County, Ohio. The facility, built by Kiewit Power Constructors Co., is expected to generate $49 million in local economic benefits over its lifespan. The project features Series 7 modules manufactured by First Solar.
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Fengate Asset Management has acquired a 50 per cent stake in a 227 MWac portfolio of 12 operating solar projects in the western US. The investment is structured as a 50/50 joint venture with Clearway Energy. The deal is managed through Fengate Infrastructure Yield Fund with participation from the LiUNA Pension Fund of Central and Eastern Canada.
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Georgia Power has begun construction of a 260 MW battery energy storage system (BESS) project in Jefferson County, Georgia. The BESS is designed to supply stored energy over a four-hour period and is being built by Burns & McDonnell. The project has also received approval from the Georgia Public Service Commission and is expected to be completed in 2027.
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Ecoener has secured two 15-year power purchase agreements (PPAs) in Guatemala. These agreements pertain to the development of the 140 MWp Cocales and 60 MWp La Hulera solar plants, with both the projects expected to begin commercial operations in 2028. The Cocales project will comprise a 20 MW/80 MWh battery energy storage system (BESS), whereas the La Hulera project will include a 10 MW/40 MWh BESS.
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Linea Energy has secured project financing for its Watertown solar project, a 172 MWdc utility-scale facility located in Sanilac County, Michigan. The financing package comprises a construction-to-term loan, a tax equity bridge loan and a letter of credit facility. It is led by Santander Corporate & Investment Banking, with participation from Société Générale, Norddeutsche Landesbank Girozentrale and Truist Bank.
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TotalEnergies has entered into settlement agreements with the US Department of the Interior to relinquish its Carolina Long Bay lease and New York Bight lease, both awarded in 2022, along with its partners. As a result, the company will discontinue the development of offshore wind projects in US. Additionally, under the terms of the agreement, TotalEnergies will recover the lease fees previously paid.
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Arevon Energy, Inc. has commenced construction of the 250 MW/1,000 MWh Cormorant energy storage project in Daly City, California. The project involves an investment of approximately $600 million. The company will own and operate the project, which is scheduled to become operational in 2027. Once completed, it is expected to supply electricity to around 321,000 homes for up to four hours.
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Equinor, through its subsidiary Rio Energy, has acquired the Esquina do Vento wind project from Vestas. The 230 MW project is located in the state of Rio Grande do Norte in northeast Brazil. Additionally, Equinor has entered into a wind turbine supply agreement with Vestas for the same project. As per the supply agreement, Vestas will supply 51 V163-4.5 MW turbines, with installation scheduled to commence in March 2027.
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Origis Energy has commenced commercial operations of the Wheatland Solar project in Knox County, Indiana. The project has a capacity of 210 MWdc, or 150 MWac, and is supported by a 20-year power purchase agreement with CenterPoint Energy. The project will supply electricity to support power reliability and resilience in CenterPoint Energy’s service area in Indiana.
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rPlus Energies has secured financing commitments exceeding $650 million for the Blacks Creek Energy Center, a 400 MWac, or 520 MWdc solar project with 200 MW of storage located in Ada County, Idaho. The financing includes debt facilities and tax equity commitments to support the construction of the project. The debt financing facility is being led by Santander Corporate & Investment Banking and KeyBanc Capital Markets, Inc.
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Manitoba Hydro has issued a request for proposals (RFP) under the Wind Call for Power initiative. The programme seeks to procure power from 600 MW of wind projects in Manitoba, Canada. Each wind project selected under the initiative must be majority owned by one or more Indigenous Nations in Manitoba. The bidding process has commenced and is scheduled to close during summer 2026.
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Actis has completed the sale of Orygen, a power generation company in Peru, to Grupo Romero through an affiliate managed by InfraCorp, the group’s energy and infrastructure investment platform. Orygen is a power generation platform in Peru with an installed capacity of 2.3 GW. Its portfolio includes wind and solar assets accounting for 28 per cent of capacity, hydro representing 34 per cent, and thermal gas contributing 38 per cent.
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