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
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Duke Energy Closes Sale of Commercial Distributed Generation Portfolio
Basing a claim on a single incident, e.g., the murder of Charlie Kirk, has no real validity.
So, here’s was AI says on the matter:
Violent crime, particularly homicide and gun violence, is significantly higher in the United States compared to Europe.
The U.S. homicide rate fluctuates between 5.5 and 6.5 per 100,000 residents, whereas most Western European countries see rates well below 2.0 per 100,000. A resident of the U.S. is generally 5 – 6 times more likely to be a victim of a homicide than someone living in Western Europe.
The meme here speaks volumes to life in the United States and free market capitalism as a whole.
I happened to have met the guy who, in the 1990s, tried to build railways that would connect Dallas, Houston, Austin, and San Antonio. One day he got a phone call from Herb Kelleher, co-founder and former CEO of Southwest Airlines, who told him, “The fare between any of the major cities in Texas is $80. The day you drive your first spike in the ground, I’m lowering it to $8.”
American businesspeople are no more interested in the wellbeing of our people than they have in being diagnosed with cancer.
If you’re wondering why there is so much pushback against renewable energy and other elements of climate change mitigation, you really don’t to look much further.
Hmm. He’s the governor of the most populous state in the country, whose revenues, if it were a country, would make it the fourth largest economy on Earth. His state ranks in the top five in terms of colleges and universities. We’re wealthy, well-educated, and extremely productive.
It’s true that he’s not a Trump supporter, but California (and the rest of the world) generally regards the current U.S. president as a criminal sociopath.
Yes, that infuriates folks who are poor, ignorant, racist, and disease-ridden, but generally speaking, it doesn’t bother Californians.
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