Tag

deals

Article, Corporations, Energy, Utilities and Providers

Growth powers natgas, renewable-energy mergers

April 27, 2016

The growth in natural-gas and renewable-energy trade in the U.S. is driving mergers and acquisitions to high levels in North America. That includes increasing interest from investors in Canada and other countries in assets in the U.S., where a relatively stable regulatory environment and low interest rates make American pipeline, transmission and distribution companies attractive targets. A new report from the accounting firm PricewaterhouseCoopers puts the total value of North American power and utilities deals at $41.4 billion in the first quarter of 2016, compared to $11.5 billion in the previous quarter. (Read more)

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by Bill Loveless
Article, Consumer, Energy, Technology, Utilities and Providers

Can N.Y. solar-electric deal recharge U.S. green-energy effort?

April 26, 2016

The head of the leading rooftop solar company in the U.S. told me last year that one of his top priorities was to strike deals with electric utilities that would make them partners rather than rivals in the changing power sector. “I’m very interested in finding a utility that we can work with that wants to solve problems, not prevent change,” Lyndon Rive, the co-founder and chief executive of SolarCity, said in June. “It would be learning for both of us.” Well, Rive got his wish last week as SolarCity and two other solar developers, SunPower and SunEdison, joined six New York utilities in announcing their formation of the “Solar Progress Partnership.” (Read more)

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by Bill Loveless