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LRE Celebrates $1.5-Billion Investment in 725-MW Oklahoma Solar Fleet
Leeward Renewable Energy (LRE), a major U.S. renewable energy developer, provided details about its 725-MW solar power fleet in Oklahoma during a recent celebration, including the company's support of Google's operations in the state.
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Brookfield, Bloom Energy Expand AI Infrastructure Partnership to $25 Billion
Fuel cell systems developer Bloom Energy and investment firm Brookfield said the companies are expanding their partnership agreement and increasing their project financing to $25 billion. The companies initially announced a $5-billion partnership deal in October of last year.
DOE Closes $3.26 Billion Transmission Loan to AEP Texas
The U.S. Department of Energy has closed a loan of up to $3.26 billion to AEP Texas to finance a portfolio of nearly 100 transmission projects, the agency's Office of…
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Cypress Creek Closes $3.5-Billion in Financing for Large Arkansas Solar+Storage Project
Cypress Creek Energy has announced financial close on the first two phases of the three-phase Steel River Energy Center in Arkansas. The company on June 11 said it secured $3.5 billion in financing for the project. Phase 1 and Phase 2 combined will feature 1.63 GW of solar power along with 1.9 GWh of battery energy storage.
 
Siemens Energy Will Shed the Siemens Name, Rebrand as Omterra
The Siemens name is coming off one of the power industry’s largest equipment and service suppliers. Siemens Energy announced July 14 that it has begun preparing the transition to an…
Argo Infrastructure Partners Acquires Solar Portfolio from NuGen
Argo Infrastructure Partners LP, an independent mid-market infrastructure investment manager, said it has acquired a commercial and industrial (C&I) solar portfolio from NuGen Capital Management, LLC. The deal announced July…
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Avantus Secures $525 Million to Support Major California Solar-Plus-Storage Project
Renewable energy developer Avantus said the company has secured more than $525 million in construction financing for the Aratina 2 Solar and Storage Project in California.
Google Invests in $468-Million Funding Round for German Fusion Group
Proxima Fusion, a Munich, Germany-based group that is considered among the leading European companies working on fusion energy, said it completed a €411 million ($468 million) funding round. Proxima on July 7 said investors included technology giant Google along with global energy company RWE.
Centrus Signs $900M DOE Contract, Pivots Sole U.S. HALEU Cascade to Commercial Operation
Centrus Energy has finalized a $900 million task order with the U.S. Department of Energy (DOE) that clears the way for the company to transition its pioneering high-assay low-enriched uranium…