Scout Clean Energy LLC, a Colorado-based renewable energy developer, announced the closing of financing and the launch of construction of its 300-megawatt Ranchero wind park in Texas, according to a Jan. 17 press release. The project has a 10-year proxy revenue swap, or PRS, with Allianz Global & Specialty Inc.’s Alternative Risk Transfer unit, in…...
The New York State Board on Electric Generation announced hearings to receive comments on Bluestone Wind LLC’s proposal to construct a 124-megawatt wind energy project in the towns of Windsor and Sanford, Broome County. The move follows the board’s determination that the company’s Article 10 application is complete. The decision-making process under Article 10, adopted…...
Vermont House lawmaker Charles Shaw, a Republican, introduced legislation on Jan. 22 that would require in-state solar facilities to sell their renewable energy credits to distribution utilities that will apply the credits toward meeting the state’s renewable energy standard, in a bid to balance the local impacts of siting solar installations. Alternatively, the facility would have…...
Connecticut Light & Power Co., an affiliate of Eversource Energy, and The United Illuminating Co. filed amended plans on January 22 for the purchase of renewable energy credits to comply with Connecticut’s Low and Zero Emissions Renewable Energy Credit Program. The annual LREC target for years 6-8 remains approximately $3.2 million for Eversource and approximately…
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