Deals & Partnerships

TerraForm Buys 930 MW Wind Portfolio for $2B

Karen Henry

TerraForm Power has signed a definitive agreement to acquire net ownership of 930 MW of wind power plants from Invenergy Wind. The acquisition leverages SunEdison’s wind portfolio, which began with its acquisition of First Wind in January 2015. TerraForm intends to acquire net ownership of 460 MW of the wind power plants from Invenergy with the remaining   …Continue Reading

Seeley International Acquires Coolerado

Linda Hardesty

Australian manufacturer Seeley International has purchased Coolerado, a Denver-based manufacturer of air conditioning systems for commercial, industrial, government and military use. For Seeley, the acquisition establishes a US-based manufacturing facility, which is another step in its growth strategy to move closer to its North American customers. Coolerado’s indirect evaporative air conditioning products will become a   …Continue Reading

Product Warranty Covers Both Insulated Roof Panels, Solar PV

Linda Hardesty

Less than 90 days after its US launch, Kingspan Energy announced its acquisition of American Solar & Alternative Power (ASAP). Founded in 1990, ASAP is an established commercial solar energy and LED lighting project developer active from New Jersey to Massachusetts.The deal will bolster Kingspan Energy’s sales, marketing and project development presence in New England   …Continue Reading

Combining Energy Management with Security

Linda Hardesty

Interface Security Systems has partnered with EnTouch Controls to offer energy management to its security customers, including enterprise, restaurant and retail customers. Interface is a nationwide security services company headquartered in St. Louis, Missouri. It manages a broad range of secure, IP-based security systems, including its remote interactive video surveillance services, for retail and hospitality customers.   …Continue Reading

Shell Energy Deploys Battery Energy Storage via AMS

Linda Hardesty

Shell Energy North America signed a memorandum of understanding with Advanced Microgrid Solutions (AMS) to install up to 20 MW of battery storage at Shell Energy commercial, industrial and utility customer sites throughout California. AMS and Shell Energy will work together to identify new and existing direct access and utility customers who want to install   …Continue Reading

ASHRAE, DOE Renew Memorandum of Understanding

Linda Hardesty

ASHRAE and the US Department of Energy (DOE) have renewed a memorandum of understanding, updating an agreement that was last signed in 2011. Together ASHRAE and the DOE agree to further their long-term relationship by working cooperatively to improve the efficient use of energy, improve the visible and widespread use of renewables and to minimize   …Continue Reading

REC Solar Acquires Stellar Energy

Linda Hardesty

REC Solar has acquired Stellar Energy, a solar provider in the western US, through an asset purchase agreement. REC Solar will continue to focus on providing solar exclusively to the commercial market, including the agricultural, manufacturing, retail, technology, nonprofit and government sectors. As a result of the deal, REC Solar will add more than 60   …Continue Reading

Raritan Restructures, Spins Off DCIM Business

Linda Hardesty

Raritan plans to separate its Data Center Infrastructure Management (DCIM) software business in a transaction that will result in two independent companies. Raritan will continue to focus on its Power and KVM switch products business, and Sunbird Software will become a new company to focus entirely on the DCIM market, while maintaining a strong commercial   …Continue Reading

Green Charge, Nissan Reuse LEAF Batteries for Commercial Energy Storage

Linda Hardesty

Nissan Motor Company and Green Charge Networks are going to deploy second-life lithium-ion vehicle batteries for stationary commercial energy storage in the US and international markets. More than 178,000 Nissan LEAFs have been sold since the car’s launch in late 2010. Nissan has conducted multiple research projects in Japan, the US and Europe to use   …Continue Reading

ABM’s Service Franchise Network Expands to NC

Linda Hardesty

Superior Mechanical signed a franchise agreement to join ABM Franchising Group’s Linc Service network. Superior Mechanical is a provider of mechanical contracting services throughout North Carolina with clients in several surrounding states as well. ABM Franchising Group offers a portfolio of franchise networks that deliver mechanical and electrical service and preventive maintenance to commercial, industrial   …Continue Reading