Duke Energy has completed the sale of its commercial distributed generation portfolio to an investment fund managed by ArcLight Capital Partners LLC, a middle market infrastructure investment firm.
The sale agreement, which was previously announced in July 5, includes REC Solar’s operating assets, development pipeline and O&M portfolio, as well as distributed fuel cell projects managed by Bloom Energy.
ArcLight’s acquisition of the distributed generation business further expands the firm’s focus on developing strong standalone renewable platforms across the infrastructure sector.
Employees of the distributed generation business will transition to ArcLight to maintain business continuity for its operations and customers.
BofA Securities Inc. is serving as the financial advisor, and Mayer Brown LLP is serving as the legal counsel to Duke Energy for this transaction. Scotia is serving as the financial advisor, and Kirkland & Ellis is serving as the legal counsel to ArcLight.
Photo by Markus Spiske on Unsplash
The post Duke Energy Closes Sale of Commercial Distributed Generation Portfolio appeared first on Solar Industry.
Duke Energy Closes Sale of Commercial Distributed Generation Portfolio
Renewable Energy
Trump’s Only Real Talents: Attracting Attention and Controlling Morally Weak People
Trump is not an idiot. His IQ may not be too high, but he’s smart enough to know how to conduct himself in his lifelong quest to amass more wealth and power at the expense of everyone else on Earth.
Trump’s Only Real Talents: Attracting Attention and Controlling Morally Weak People
At left we see the moral bankruptcy that guides our civilization.
I recall many years ago, when Musk was becoming a “thing,” writing a post to the effect that, “What a terrible shame. We really didn’t need just one more super-rich asshole on this beleaguered planet.”
It’s easy to understand how Trump has great appeal to the hateful idiots and the amoral rich.
It’s much harder to see how it’s possible that a huge number of eligible voters are uninvolved in guiding the future of the United States, with many of them saying that “both sides are the same.”
-
Climate Change1 year ago
Guest post: Why China is still building new coal – and when it might stop
-
Greenhouse Gases2 years ago嘉宾来稿：满足中国增长的用电需求 光伏加储能“比新建煤电更实惠”
-
Greenhouse Gases1 year ago
Guest post: Why China is still building new coal – and when it might stop
-
Climate Change2 years ago嘉宾来稿：满足中国增长的用电需求 光伏加储能“比新建煤电更实惠”
-
Renewable Energy1 year agoSending Progressive Philanthropist George Soros to Prison?
-
Greenhouse Gases1 year ago
嘉宾来稿：探究火山喷发如何影响气候预测
-
Climate Change2 years agoAnalysis: China’s CO2 falls 1% in Q2 2024 in first quarterly drop since Covid-19
-
Climate Change1 year ago嘉宾来稿：探究火山喷发如何影响气候预测