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LS Power has reached an agreement with Algonquin Power & Utilities to acquire its renewable energy business.

The Renewables Business includes 44 operating assets across the U.S. and Canada. Approximately 2,700 MW of the portfolio’s assets are located domestically, within the NYISO, MISO, PJM, ERCOT and CAISO markets.

“This represents a significant strategic investment in and expansion of LS Power’s renewable energy portfolio,” says Paul Segal, CEO of LS Power.

“This business complements our existing fleet of more than 19,000 MW of top-performing renewable, energy storage, flexible gas and renewable fuels projects. We believe this platform will play a significant role in meeting the challenges of rising electric demand and advancing the energy transition.”

Milbank is serving as legal advisor and Scotiabank and BMO Capital Markets are serving as financial advisors to LS Power on the acquisition.

The post LS Power to Acquire Renewable Energy Business Algonquin appeared first on Solar Industry.

LS Power to Acquire Renewable Energy Business Algonquin

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Renewable Energy

Incompetence? Not Really

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Incompetence isn’t actually the issue with Trump.

Imagine for an instant that the president was paid $100 billion per year to run this country, and that he was given a $50 billion annual merit-based bonus if his key statistics were up that measured how well the country was doing in terms of the quality of Americans’ lives. Do you think he’d be starting useless and illegal wars that drive up consumer prices?  Destroying the educational system and the environment?

Not for a millisecond.

Incompetence? Not Really

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Renewable Energy

The Trump Delusion

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As shown here, there are (formerly credible) people who are telling us that Trump is restoring Americans’ trust in government.

Do they truly believe this?

The Trump Delusion

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Renewable Energy

When Truth No Longer Matters

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One of the casualties of the post-truth era is that the statements of our “leaders” no longer are required to have any basis in fact.  What Jim Jordan says here is a fine example.

When he says “better” here, is he referring to runaway inflation?  Trump’s purposeless and illegal war with no end in sight?  His blatant corruption and criminality? His having, quite successfully, divided the American people into groups that hate each other?  The enrichment of billionaires at the expense of the working class?  The carefully engineered collapse of the environment so as to favor his donors in fossil fuels?  The demise of the U.S. educational system?

Please be clear.

When Truth No Longer Matters

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