The Federal Energy Regulatory Commission on July 20 authorized a subsidiary of the Canada Pension Plan Investment Board to acquire a 49-percent stake in Cedar Point Wind LLC and Silver State Solar Power North LLC from Enbridge Holdings (Power) LLC. Cedar Point owns a 252-megawatt wind farm in Colorado, while Silver State owns a 52-megawatt…
The Delaware Public Service Commission on July 17 approved the second tranche of Delmarva Power & Light Company’s request for proposal to buy renewable energy credits, or RECs, from wind generation facilities of up to 80-megawatt capacity beginning in 2019-2020 for a 10-15 year term. The RFP is a result of a merger between Exelon…
The Federal Energy Regulatory Commission on July 3 authorized a transaction allowing sPower Winterfell Holdings LLC to acquire just over half of the upstream ownership interest in ID Solar 1 LLC from Carolina Energy Partners II LLC. ID Solar owns a 40 megawatt solar farm in Idaho and is fully subscribed under a 20-year contract…
Public Service Company of Colorado, a unit of Xcel Energy Inc., filed its Colorado Energy Plan, a blueprint for the utility to source over half of its electricity supply from renewables and cut carbon emissions by 60 percent by 2026. The plan, filed June 6 with the Colorado Public Utilities Commission, directs the company to…
U.S. Senator Michael Bennet, a Democrat representing Colorado, introduced legislation on June 5 that would provide $5 billion in financing under the U.S. Agriculture Department’s rural utility service program for cybersecurity and grid security enhancements. A second bill would include energy storage under the department’s Rural Energy for America Program, providing financial support for agricultural…
