“US community solar and battery storage developer PureSky Energy, previously Amp US, said Tuesday it has secured a USD-150-million (EUR 140m) revolving credit facility. The three-year facility was led by Nomura Securities International Inc as the sole lead arranger. The financing follows PureSky Energy’s acquisition earlier this year by infrastructure funds Palisade Infrastructure Group … [Read more…]
“We haven’t been big fans of recently proposed building moratoriums, particularly on new smoke/vape shops and new marijuana dispensaries. Government officials opposed to specific types of businesses they find indesirable often use moratoriums as an elephant gun against a mosquito to stop legitimate businesses from opening up, even if regulated under the community’s existing … [Read more…]
“To gain exposure to infrastructure, WAM Alternative Assets invested with Palisade Investment Partners. Palisade generates outstanding risk-adjusted returns by investing in mid-market infrastructure and infrastructure adjacent assets in a sustainable manner. Sensitivity analysis conducted by Palisade Investment Partners across their portfolio has demonstrated that for a 1% rise in inflation, there is a corresponding … [Read more…]
“Hitachi Energy has acquired Spanish power electronics and energy management system manufacturer Eks Energy (EKS) from battery storage system integrator Powin. Following the acquisition of a controlling stake by Hitachi Energy, Powin retains a “significant ownership stake” in the Seville-headquartered inverter and power conversion system (PCS) manufacturer. The pair have formed a strategic partnership … [Read more…]
“PureSky Energy is pleased to announce the appointment of Jared Donald as CEO and Nicole LeBlanc as COO. This strategic move follows our recent acquisition by a consortium comprising Palisade Infrastructure Group and Fiera Infrastructure Inc. Jared Donald, a founding member of PureSky Energy since 2016, brings a wealth of experience, having successfully led … [Read more…]
“PureSky Energy, a leading developer, owner and operator of US community solar and storage projects, has appointed Jared Donald as Chief Executive Officer (CEO) and Nicole LeBlanc as Chief Operating Officer (COO). This follows the recent acquisition of PureSky Energy (formerly Amp US) by a consortium comprising funds managed by Palisade Infrastructure Group (“Palisade … [Read more…]
“A significant number of trees on 102 acres off Shutesbury Road in Amherst near the Pelham border would be removed to make way for a 9.35-megawatt solar project and accompanying battery energy storage system. With a project footprint of over 41 acres spread over three parcels for the development proposed by PureSky Energy, formerly … [Read more…]
“Fiera Infrastructure Private Debt is pleased to announce the closing of a senior secured credit facility to Pine Creek Renewables, the developer, owner, and operator of a growing portfolio of renewable natural gas (“RNG”) projects. The facility will support the construction and operation of three RNG projects, which have all secured offtake contracts. Fiera … [Read more…]
“Reversing two previous approvals by a county plan committee and a hearing officer, the DeKalb County Board voted 21-3 to deny a special use permit for a solar farm on 31.2 acres north of Pratt Road between East and West Sandwich roads. Prior to the county board’s vote Wednesday night, there were these audience … [Read more…]
“Construction on a large solar array and associated battery storage at the former Hickory Ridge Golf Course is still awaiting building permits from the town. Though the clearing of parts of the 150-acre property, including more than 200 trees, has been underway for several months, Assistant Town Manager David Ziomek informed the Conservation Commission … [Read more…]