energyRe has raised a $1.2 billion capital package to support expansion of its large-scale renewable portfolio. .
The portfolio, comprising utility-scale transmission and storage, onshore wind and solar generation, as well as offshore wind, will leverage these investments to advance its stated mission of decarbonizing U.S. cities.
“energyRe’s world-class renewable energy portfolio and team have earned the trust of institutional investors and are more ready than ever to advance the U.S. transition,” says Jeff Blau, energyRe’s chairman and founding partner. “We look forward to leveraging our experience and expertise to deliver reliable clean power and advance a sustainable, carbon-free American future.”
The package is comprised of committed capital investments from Glentra Capital alongside co-investors Novo Holdings and Denmark-based pension fund PKA. Glentra will leverage its track record in developing and constructing renewable energy assets in the U.S. to support the energyRe team’s growth plan.
Additionally, Ella Group has acquired a stake in energyRe and will be offering its expertise in the development, construction, operation and maintenance of offshore transmission infrastructure; HVDC technology; transmission planning and congestion management to the partnership.
The capital package also includes a mandated corporate debt facility to be arranged by Santander and Deutsche Bank.
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energyRe Raises $1.2 billion to Expand U.S. Project Portfolio
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Nordex Invests in Türkiye, Vestas Wins First V182 Order
Allen covers Nordex’s Türkiye expansion, Chinese turbine makers seeking European partners, Vestas’ first V182 order, and two Pennsylvania repowers.
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I’m not sure it’s as simple as this, insofar as Bush 41 and 43 weren’t criminal sociopaths.
I happened to be driving through Manhattan on the very day that Colin Powell was addressing the United Nations just a few miles away and claimed, and I think honestly, that Saddam Hussein had “weapons of mass destruction,” and must be stopped by a U.S. military invasion.
Contrast that against what we’re doing in Iran. Fifteen years ago, the Joint Comprehensive Plan of Action (JCPOA), included Iran, the P5+1 nations (the United States, China, Russia, France, the United Kingdom, and Germany), alongside the European Union made an agreement in which most of the developed world agreed that Iran must not have a nuclear weapon.
That stood firmly in place until Trump’s latest war crime, which is costing lives and choking the world economy, solely to defend our president’s neuroses.
The Brennan Center at NYU’s seminal report on this issue, The Truth About Voter Fraud, found that most reported incidents of voter fraud are actually traceable to other sources, such as clerical errors or bad data matching practices. The report reviewed elections that had been meticulously studied for voter fraud and found incident rates between 0.0003 percent and 0.0025 percent.
Does that stop liars like Mike Lee from spreading disinformation of the subject? Of course not.
There is no judgement day. There is no Saint Peter standing in front of the Pearly Gates discerning good from evil and acting according.
That’s a lucky break for Mike Lee.
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