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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

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Renewable Energy

America’s Worst Presidents

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Historians point to Andrew Jackson, with his butchering of the Native Americans, to the presidents immediately before and after the U.S. Civil War, and to Warren Harding as the previous “worst presidents in our nation’s history.”

Having said that, regardless of what our country’s future turns out to be, it’s virtually impossible to imagine that Trump will not come out on the top of the list.

America’s Worst Presidents

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Renewable Energy

What it Means to Be a Conservative

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The meme here is a reminder that to call oneself a “conservative” used to mean something, other than the desire to conserve America’s racist and imperialistic heritage.

There have been conservatives all throughout U.S. history.

For some reason, our nation’s leaders at the turn of the 20th Century are probably the most notable, with TR and John Muir (national parks pioneer).

But skip ahead and you have those who have shaped environmental protection through science, advocacy, and media. Key figures include Jane Goodall (primatologist), David Attenborough (naturalist), Rachel Carson (author of Silent Spring), Steve Irwin (wildlife educator), climate advocate Bill McKibben, activist Naomi Klein, and Story of Stuff founder Annie Leonard.

What it Means to Be a Conservative

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Renewable Energy

The Constant Torrent of Disinformation Targeting Clean Transportation and Favoring Big Oil

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Sadly, the world must deal with the cottage industry that has arisen to generation and publish malicious bullshit about electric transportation and clean energy more generally.

The efficiency of internal combustion engines is in the 20s, where the efficiency of charging batteries and discharging them through electric motors is in the high 80s.  This is why we could replace every car and light-duty truck on Earth and with EV and experience an increased load on our grid of only about 14%.

The Constant Torrent of Disinformation Targeting Clean Transportation and Favoring Big Oil

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