Published

3 years ago

March 20, 2024

Alice Rush

Masdar has signed a definitive agreement to acquire a 50% stake in Terra-Gen Power Holdings from Energy Capital Partners (ECP), who will fully exit its position in Terra-Gen in connection with the transaction.

Established in 2007, Terra-Gen is a provider of end-to-end renewable project development, financing and operating capabilities. It currently operates approximately 2.4 GW of wind and solar and 5.1 GWh of energy storage facilities across 32 U.S. sites, predominantly in California and Texas.

“Our investment in Terra-Gen’s impressive energy portfolio expands our existing U.S. footprint and reinforces Masdar’s long-term commitment across our U.S. portfolio,” says Mohamed Jameel Al Ramahi, CEO of Masdar.

“This transaction unites one of the largest independent renewable energy producers in the U.S. with Masdar, one of the fastest growing clean energy companies in the world. We look forward to working alongside Igneo as our valued partner to accelerate Terra-Gen’s growth and deliver world-class innovation at utility scale in support of the global energy transition.”

The transaction is expected to close by the end of 2024. Igneo Infrastructure Partners will retain its existing 50% stake in the company. The company made its initial investment in Terra-Gen in 2020.

Lazard and Guggenheim Securities are serving as financial advisors and Latham & Watkins is serving as legal advisor to Terra-Gen. BMO Capital Markets and JP Morgan are serving as financial advisors and White & Case and Covington & Burling are serving as legal advisors to Masdar. Mayer Brown is serving as legal advisor to Igneo.

The post Masdar to Acquire 50% Stake in Terra-Gen from Energy Capital Partners appeared first on Solar Industry.

Masdar to Acquire 50% Stake in Terra-Gen from Energy Capital Partners

Renewable Energy

There Were Prior Threats to the Nation Stemming from the White House

Published

1 day ago

September 24, 2026

Alice Rush

For most of our lives, many of us boomers have believed that the biggest threat to the United States was our president, starting with Tricky Dick Nixon, the inventor of the “trickle-down economics,” liar Ronald Reagan, and GW (the moron) Bush.

But yes, none of us was prepared for the cold, calculating criminal who is Donald Trump.

There Were Prior Threats to the Nation Stemming from the White House

Renewable Energy

Yes, Human Activity, in its Current State, Is Unsustainable

Published

1 day ago

September 24, 2026

Alice Rush

The fact that human activity is unsustainable has been revealed to us gradually over the last century. Rachel Carson’s “Silent Spring” was published 63 years ago.

That said, the ideas of climate change, ocean acidification, and loss of biodiversity have been essentially unchallenged by scientists for just the last couple of decades.

The only thing standing in the way of rapid environmental progress is greed, and in the end, that may prove to be an unbeatable foe. Decarbonizing our grid and transportation sector will eventually destroy the fossil fuel industry, a group so powerful that it has a stranglehold, both on our lawmakers and on our corporate-owned media, that works so hard to misinform our citizenry.

Yes, Human Activity, in its Current State, Is Unsustainable

Renewable Energy

Will the U.S. Top Military Intervene Before Trump Inflicts Irreparable Damage

Published

1 day ago

September 24, 2026

Alice Rush

It’s still possible that our most senior military leaders will insert themselves in time to prevent some truly catastrophic event here in the United States/abroad.