Utility installs solar panels at power plants
The photovoltaic systems have been installed at the Newman power plant in Northeast El Paso and the Rio Grande power plant in Sunland Park, the company announced.
The solar panels will generate 260,000 kilowatt hours of electricity a year. That's the amount of electricity 448 El Paso homes with average electricity usage will consume in one month.
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Ontario Teachers' Plan Acquires Brazilian Electricity Transmission Firm Evoltz
TORONTO - The Ontario Teachers’ Pension Plan has acquired Evoltz Participações, an electricity transmission firm in Brazil, from US asset manager TPG.
The retirement system took a 100% stake in the energy firm, Ontario Teachers’ said Monday. The acquisition has netted the pension fund seven electricity transmission lines that service consumers and businesses across 10 states in Brazil. The firm was founded by TPG just three years ago.
“Our strategy focuses on allocating significant capital to high-quality core infrastructure assets with lower risks and stable inflation-linked cash flows,” Dale Burgess, senior managing director of infrastructure and natural resources at Ontario Teachers, said…
