“Hearing officer Dale Clark listened to six opponents of the project, while only land owner Scott Krill supported it. Mike Larkin of AMP Energy said there would not be a battery storage facility on the site. He said area residents using ComEd would see a 10 percent reduction if they signed on with his … [Read more…]
“Toronto-based renewables and energy storage developer Amp Energy on Thursday said it has been awarded a 14-MW AC project in Japan’s inaugural feed-in premium (FiP) auction. A total of five bids were successful in the tender, representing a combined capacity of 128.94 MW, the company added. They were selected out of 13 projects that … [Read more…]
“Solar Energy Corporation of India Ltd (SECI) on Thursday announced the winners from two e-reverse auctions for a couple of renewable energy projects in India totalling 2,400 MW, with NTPC Renewable Energy Ltd emerging with a successful bid from each.” read the entire article Renewables Now 15 July 2022.
“As the global switch to renewable energy continues, organisations like Amp are facing a multitude of challenges as they eradicate the use of fossil fuels for power generation. This requires infrastructure development, resource management and regular maintenance to ensure that renewable energy can function as the main source of energy. “ read the … [Read more…]
“Carlyle Group (NASDAQ:CG) plans to form a new open-ended fund to pursue long-term infrastructure bets, people familiar with the matter told Bloomberg. Meanwhile, shares of CG slide 2% intra-day. The asset manager has started talking about the Carlyle Diversified Infrastructure Fund with potential investors, the people told Bloomberg. The fund would have targeted returns … [Read more…]
“Carlyle Group Inc. is planning to raise a new fund dedicated to long-term infrastructure bets, according to people with knowledge of the matter.” read the entire article Bloomberg, 14 January 2022.
“Apollo Global Management Inc. is targeting $25 billion for its next flagship buyout fund as it prepares to compete with private equity firms raising record sums.” read the entire article Willmer, Sabrina. Bloomberg 8 December 2021.
“NEW YORK, Oct. 29, 2021 /PRNewswire/ — CIT Group Inc. (NYSE: CIT) today announced that its Power and Energy business served as sole lead arranger for $67.8 million in financing for construction of the new AMP NY2 community solar and storage portfolio. CIT led the financing on behalf of Amp Energy, which is developing … [Read more…]
“The Plaintiff, ASD Three Rivers MA Solar, LLC (“Three Rivers”), challenges a decision (the “Decision”) by Defendants, the members of the Planning Board of the Town of Wilbraham (the “Board”), denying Three Rivers’ application for a special permit to install and operate a large-scale, ground-mounted solar energy system (the “SES”) with associated site improvements … [Read more…]
“The Massachusetts-based portfolio, valued at approximately $100M, holds some of the first non-residential DC-coupled solar + storage systems to be successfully financed in the United States and marks Amp’s first solar + storage project financing The 4 projects under the portfolio will be the first in the US to be dispatched by Amp’s proprietary … [Read more…]