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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

Texas Goes Blue

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A friend from Texas writes: It’s been an interesting week! A lot to reflect on. And Texas seems to be the epicenter.  Folks are pretty flabbergasted over the defeat of all statewide Republican candidates (including state supreme court justices) and the election of a Democratic party-controlled state house.

Yes, Texas blew everyone’s mind.  I think what the GOP experienced was a double-whammy if you will.

Consumer prices are high, due at least in part to Trump’s inane and illegal war in Iran.  This is impacting the lives of working class Americans.

and

I’m pleased to be able to report that many people still have a conscience, which causes them to reject the GOP’s cruelty, dishonesty, dismissal of science, and criminality.

Texas Goes Blue

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Renewable Energy

White Guys Not Really Catching On

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As shown here, white men, especially uneducated white men, are still not able to see that Trump is terrible for America.

If the last two years didn’t change that, it appears that nothing will.

White Guys Not Really Catching On

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Renewable Energy

A Few Things in U.S. Politics that Don’t Make Sense

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The vast majority of Americans are thrilled that the midterms brought us the “blue tsunami,” but there are a couple of things that don’t really add up.  You may have noticed that:

The U.S. wants a random alcoholic Fox News “journalist’s” head on the plate for having orchestrated the war in Iran, when all he was doing was pursuing his loyalty to Donald Trump, the man who started this asinine and grossly illegal war.

There seems to be no effort to cause Trump, who tried to violently overthrow the U.S. federal government, to face accountability for his treasonous acts.

What’s up with the media? Is there a concerted effort to avoid the facts? What’s the problem with honesty, and telling Americans the truth? Isn’t this the clearest instance of gaslighting in our history? Are we now trying to pretend that Trump never existed?

If such a landslide victory against a would-be autocrat had happened anywhere else on Earth, that traitor would be in prison now, in most cases facing execution.

A Few Things in U.S. Politics that Don’t Make Sense

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