Transactions (May 2014)
Sunrun acquires AEE Solar and SnapNrack; FirstEnergy completes sale of hydroelectric power stations to Harbor Hydro Holdings; Alterra acquires Shannon wind project from Horn Wind.
Sunrun acquires AEE Solar and SnapNrack; FirstEnergy completes sale of hydroelectric power stations to Harbor Hydro Holdings; Alterra acquires Shannon wind project from Horn Wind.
Calpine acquires Texas combined-cycle plant from MinnTex; FirstEnergy sells 11 hydro stations to LS Power; Alterra Power acquires 202-MW wind farm; plus deals and debt issues totaling $1.8 billion.
Alterra Power completed the acquisition of the Shannon wind project, a 202-MW wind farm in Clay County, Texas, from Horn Wind. Alterra also placed a $4.5 million cash deposit with Oncor, the project's transmission service provider, which will now begin the design and equipment procurement for the project's interconnection substation. In December 2013, Alterra completed certain construction activities to ensure the Shannon project will qualify for the U.S.