Solar energy storage group purchase

What is APG's largest solar + storage investment?

APG's largest single solar + storage investment to date is Gemini, which is expected to generate enough clean energy to power more than 400,000 homes during peak periods and displace 1.5 million metric tons of CO2 annually once complete and operational in 2023.

What is the largest solar + storage project in the US?

The Gemini solar + storage project is currently the largest under construction in the US. It recently closed a record breaking US$1.9 billion tax equity and debt financing led by Bank of America, Truist, KeyBanc, MUFG, and NORD/LB. Truist Securities advised Quinbrook and Primergy on the transaction.

Will shell New Energies buy Savion?

Clean energy division Shell New Energies announced the move today in a press release issued on the Cision PR platform, but did not specify how much the acquisition will cost or how the deal will be structured. The Anglo-Dutch energy business will buy Savion from the Green Investment Group owned by Australian investor Macquarie.

Who owns BW solar?

BW Solar Holding Inc., a subsidiary of BW Solar Inc., and Capital Power signed a Membership Interest Purchase and Sale Agreement on November 24, 2021, whereby Capital Power will acquire 100% of a portfolio of 20 solar and energy storage development sites (“portfolio”) in the United States.

How many megawatts can a solar energy portfolio generate?

The portfolio has a total generation capacity of approximately 1,298 megawatts (MWac), with sites ranging in size from 15 MWac to 340 MWac. The portfolio also offers the potential to co-locate over 1200 megawatt-hours of energy storage.

Who owns 49% of Gemini Solar?

APG will own 49% equity ownership in the Gemini Solar project on behalf of its pension fund client ABP. Quinbrook and Primergy began seeking equity partners for Gemini, a 690MWac solar plus 1,416 MWh battery energy storage facility, earlier this year.