Envision Energy recently acquired a controlling stake in a renewable portfolio of more than 600 MW originally developed by ViveEnergia of Mexico. As part of the agreement, Envision aims to commission its first wind farm by the end of 2016. “Mexico is one of the most promising markets in the Americas for wind-power generation in the coming decade, not…

NRG Yield, Inc. has entered into an agreement with NRG to acquire 75% of the equity interests in a portfolio of wind projects. The projects primarily consist of assets acquired by NRG from Edison Mission Energy in April 2014 (EME Wind Portfolio) for $210 million in total cash consideration, subject to working capital adjustments, plus…

Offshore wind developer Statoil has changed up their corporate structure and created a new renewable energy division with the intent to grow its low-carbon portfolio. The New Energy Solutions (NES) business area will first focus on the company’s offshore wind portfolio and will eventually expand into other renewables. According to a recent announcement from Statoil, establishing…

A consortium led by Fiera Axium Infrastructure has acquired a minority ownership interest in a 1,100-megawatt (MW) portfolio of eight operating wind farms located throughout the United States from EDP Renewables (EDPR). The consortium is composed of Fiera Axium Infrastructure U.S. L.P., Swiss Life Funds (Lux) Global Infrastructure Opportunities S.C.A., SICAV-SIF, and John Hancock Life…

Enel Green Power S.p.A. (EGP), through its subsidiary Enel Green Power North America, Inc. (EGPNA), entered into an agreement with GE Energy Financial Services for the sale of a 49% stake in a newly created company, EGPNA Renewable Energy Partners, LLC (EGPNA REP), for a total consideration of approximately 440 million US dollars. EGPNA will…