Energy

GSI-Led Joint Initiative with Ocean Man First Nation to Build One of the Largest Solar Projects in Canada

GSI announced that Iyuhána Solar, a GSI-led partnership with Saturn Power and Ocean Man First Nation, has been awarded a Power Purchase Agreement...

EuroEnergy and Afcon Renewable Energy Partner to Promote Green Energy Across Central Europe

Starting with Poland, the collaboration supports energy transition across the region, bringing EuroEnergy’s projects pipeline to over 400 MW...

GSI Enhances Renewable Energy Platform with Strategic Acquisition of Saturn Power

Greenwood Sustainable Infrastructure (GSI) has announced the strategic acquisition of the solar and battery development portfolios of Saturn Power, including approx 1.4 GW pipeline...

EuroEnergy Enters Croatia with €150M Wind Power Project

EuroEnergy announced that it will acquire a 114-megawatt (MW) wind energy development in Udbina, Croatia.

EV Metals Supply Chain Leader GreenMet Helps Secure Major Investment from Wall Street

GreenMet has helped secure a $50 million dollar investment from a division of Cerberus Capital Management, L.P. for the development of Torngat Metals Ltd. rare earth project, one of the world’s largest rare earth projects, located in Strange Lake, Canada.

GSI and SolarGen announce New 40MW Solar Project Planned for Alexandria, Minnesota

Allied Solar, a new JV between Greenwood Sustainable Infrastructure (GSI) and SolarGen today formally announced their plans to develop a 40 MW utility-scale solar park on approximately 200 acres in Minnesota...

The University of Panama and Greenwood Energy Unveil Environmental Education Partnership with Utility-Scale Solar Initiative

The University of Panama and Greenwood Energy announced the launch of the ɅLMɅ MɅTER public-private partnership developing a new utility-scale solar plant in David, Panama.

Greenwood Energy launches TERRɅ INITIɅTIVE, a utility-scale solar project

Greenwood Energy, the Latin American subsidiary of Libra Group, and the Confederación Indígena Tayrona (CIT), the organization of the Arhuaco people from Colombia, announced the launch of the Terra Initiative

GSI Announces Utility Scale Deal with AquaSan to Provide up to 233 MW to Five US States

Greenwood Sustainable Infrastructure (GSI) announced step towards providing more affordable, reliable, and clean access to energy for Americans. The North American solar energy investment...

New senior appointments at EuroEnergy

EuroEnergy has announced a number of senior appointments to its management team: Thanasis Psathakis, Theofanis Mermigkousis, and Voula Balari all take on new roles...

Major upgrade to L’Anse Warden power facility

Greenwood Sustainable Infrastructure's L’Anse Warden Electric Company is undertaking a major upgrade at its flagship biomass power plant that will include refurbishment of its GE turbine, as well as...

President Duque of Colombia meets with Greenwood Energy

Greenwood Energy recently held a meeting with the leadership of the Republic of Colombia to discuss the country's domestic energy sector and investment plans in the region...

Helicopters: energy for growth through climate change

The role of helicopters in national infrastructure in and tackling climate change is more and more important. Recently, the European Union (EU) announced plans to increase its offshore windfarm capacity...

Flexam Invest commits to Greek renewables with EuroEnergy

In partnership with EuroEnergy, well-respected European infrastructure fund Flexam Invest has made an investment in the Greek green power market through a transaction covering a...

Greenwood Energy Latinoamérica acquires 2C POWER

Greenwood Energy Latinoamérica, the Latin American renewable energy subsidiary of Libra Group, has acquired Colombia-based 2C POWER, a developer-operator that builds and...

Climate change presents serious threats to infrastructure investment and development — McKinsey & Co

Climate change is revealing infrastructure vulnerabilities. Hurricane Sandy in 2012 caused $70 billion in infrastructure damages and climate change is expected to further intensify these economic risks.

Harvest for clean energy in Latvia

The harvest has begun for our renewable energy business in Latvia, running from late July into August. Grass is gathered specifically to be used as feedstock in our biogas plants...

Merger of Greenwood Energy and GoldenSet Capital Partners

Investment managers behind the world’s first fully solar-powered amusement park and the first U.S. wind project repowering announced today they have merged to create Greenwood Sustainable...

Convergen Energy installs permanent dry sorbent injection system

Convergen Energy embarks on the installation of permanent dry sorbent injection system (DSI) at its L'Anse Warden 20 Megawatt biomass power plant located on the shore of Lake Superior in the...

Greenwood Energy releases new footage of it’s solar project in Lisbon, NY

Greenwood Energy releases drone film footage of its 60 acre 4.8 Megawatt solar project in Lisbon, NY. It is expected to produce approximately 12 million kilowatt-hours...

Convergen pellets approved for use at LWEC in Michigan

Convergen Energy’s L’Anse Warden power plant, in the Upper Peninsula of Michigan, USA, has received approval from the Michigan Department of Environmental Quality (MDEQ) to utilise its own engineered fuel pellets in the power generation process...

Convergen Energy secures new financing arrangement with BMO Bank of Montreal

Convergen Energy has secured a new multimillion-dollar financing arrangement with BMO Bank of Montreal. Under the terms of the facility, Convergen will have access to further working capital...

Greenwood Energy’s 7 MW Elizabeth Mine Solar Project Wins Engineering Award

Greenwood Energy’s 7 MW Elizabeth Mine Solar Project, located between Strafford and Thetford, Vermont, was a winner at the 2018 American Council of Engineering Companies VT Engineering Excellence...

Greenwood Energy closes solar portfolio financings with ORIX Corporation USA

Our North American solar energy investment and development subsidiary, Greenwood Energy, has completed two solar project portfolio financings with ORIX USA. Marathon Capital advised...

EuroEnergy constructs new 13.8 MW wind farm at Delphi in Greece

EuroEnergy has begun construction on a new wind park in Delphi, Greece. The 13.8 MW asset is expected to be fully operational by March 2019. The six wind turbines, with an individual capacity of 2.3MW each...

Convergen supports L’Anse Area Schools and helps build two new baseball diamonds

L’Anse Area Schools in northwest Michigan have just completed the construction of two new baseball fields made possible by the support of local businesses. Convergen Energy, one of our renewable energy...

Dedication Ceremony of the Kenneth P. Ksionek Community Solar Farm

On Thursday, December 7, 2017, Greenwood Energy attended the dedication of the Kenneth P. Ksionek Community Solar Farm, the Orlando Utility Commission’s (“OUC”) most recent addition to...

Convergen gets harvesting for biogas crops

Autumn is a busy time of year for Convergen Energy, our waste-to-energy subsidiary, especially for their biogas business. Convergen's energy facilities process crops grown specifically for energy production...

Convergen Energy adds Combined Heat and Power resources to energy generation portfolio

Convergen Energy, the international renewable energy provider, has brought two Combined Heat & Power (CHP) units into its holdings in North America. The assets have come in through fellow Libra Group...

Ribbon Cutting of Elizabeth Mine Solar Park

Greenwood Energy celebrated the opening of its newly-completed 7.0 MW DC Elizabeth Mine Solar project located in Strafford and Thetford, Vermont, with a ribbon cutting ceremony on 22 September 2017...

Greenwood Energy Announces the Financial Closing of 26 MW

Greenwood Energy announces the closing of a $52.8 million tax equity and debt financing on a portfolio of solar photovoltaic (PV) projects with a combined generating capacity of 26 MW, bringing the total portfolio...

Convergen Energy boosts portfolio with four European biogas plants

Convergen Energy, the Wisconsin-based renewable energy provider, has added four biogas facilities in Latvia to its collection of clean energy facilities. The assets, which are now owned and operated by...

Greenwood completes solar installation, Ithaca College, NY

Greenwood Energy, the US-based investor and developer in renewable energy facilities, has completed the installation of a 2.9-MW remote-net-metered solar array for Ithaca College...

Convergen Energy purchases L’Anse Warden Electric Co power plant

Wisconsin-based Convergen Energy has today announced its purchase of the L’Anse Warden Electric Company (LWEC) power plant from the Traxys Power Group. LWEC is a combined heat...

Greenwood Fuels rebrands as Convergen Energy

Convergen Energy launches today as a new brand for the renewable energy industry. Formerly known as Greenwood Fuels and part of international business...

INSIGHT: “The Big Question: What is your greatest concern for your industry in 2016?” by Camilo Patrignani

- Camilo Patrignani, CEO of Greenwood Energy asks where will the industry stumble and where will it thrive?

Greenwood announces solar project at Ithaca College, NY

Greenwood Energy today announced it will finance and own a 2.9-megawatt (MW) capacity solar energy installation for Ithaca College. The array is located 40 miles from campus in Seneca, New York, but will...

Greenwood Energy commits to the American Business Act on climate pledge

Greenwood Energy has joined the United States’ climate action effort by committing to the American Business Act on Climate Pledge. Through the pledge, Greenwood is demonstrating its support for action on climate change...

INTERVIEW: “Why investors think solar is the opportunity of a lifetime” by Camilo Patrignani

On one level, solar has never been in better shape from a finance point of view. Huge cost reductions and a favourable policy environment in an increasing number of countries have helped...

Greenwood solar project at Hospital Chiriqui in Panama

Greenwood Energy has announced it will develop and operate a distributed generation solar photovoltaic (PV) power system with up to one megawatt (MW)...

Greenwood SVP of Project Development Dennis Loria speaks at the 18th annual Congressional…

Dennis Loria, Greenwood Energy’s Senior Vice President of Project Development, recently addressed Members of Congress and staff from the U.S. Senate and House of Representatives at a panel on clean energy at the 18th annual...

EuroEnergy acquires local partner shares and gains full ownership of Euro Energy Biogas Latvia

EuroEnergy, the renewable energy arm of Libra Group operating throughout Europe, has acquired its local joint venture partner’s 50% of all its biogas business, land and licence interests in Latvia...

Greenwood Energy Launches 80MW Solar PV Project in Chile

Greenwood Energy today announced it would develop and operate an 80-megawatt (MW) solar photovoltaic (PV) project in Chile’s Antofagasta Region through a partnership with Pacific Solar S.A. The single-axis Inti Project is located on 190 hectares of public property in the municipality...

Greenwood Energy announces the expansion of its distributed solar generation business

Greenwood Energy, the North and Latin American clean energy division of Libra Group, a privately owned international business group comprising 30 subsidiaries operating across five continents, today announced that it will expand its solar business by targeting...

INSIGHT:” Does a renewable alternative made from industrial byproducts signal an end to coal?”

Last year, the US Environmental Protection Agency announced tougher air-quality standards for industrial and commercial coal-fired power plants that will require them to use maximum achievable control...

INDUSTRY INSIGHT: Greenwood Energy’s Patrignani Discusses Investment Opportunities In Latin America

What opportunities exist for U.S. energy companies in the Latin American renewables market? During today’s OnPoint, Camilo Patrignani, CEO of Greenwood Energy, a company heavily invested in Latin America, discusses...

EuroEnergy announces €24 Million portfolio of biogas projects across Greece

EuroEnergy, the European renewable energy division of Libra Group has announced its investment in four biogas facilities across Greece with a combined investment value of €24 million and a combined power...

Greenwood Energy And ILIOSS Partner With Schneider Electric To Provide 250MW Distributed Solar Power To Mexican Businesses

Greenwood Energy and ILIOSS have announced a partnership with Schneider Electric to sell power from 250 megawatts (MW) of new distributed solar energy installations to commercial customers across Mexico based on the recent Mexican Energy Reform...

Greenwood Energy and Qohelet Form Central American Solar Energy JV

Greenwood Energy today announced a partial acquisition of Qohelet Investments to form Greenwood Energy Central America, a partnership between the two entities to develop new renewable energy projects across Latin America and the Caribbean...

Soltage-Greenwood Announces John Hancock to Lead Second Equity Financing of Solar Power Assets Totalling 32 MW

Soltage-Greenwood, a joint venture between the premier North American solar power provider Soltage, LLC, and Greenwood Energy, the North and Latin American clean energy division of Libra Group, today announced an equity financing of $70 million led by John...

INSIGHT: “What I learned from developing solar projects in Latin America” by Camilo Patrignani

Camilo Patrignani, CEO of Greenwood Energy, provides his thoughts on how to succeed in the budding Latin American solar market

INSIGHT: “Greenwood Energy looks for solar growth in Chile’s high desert”

Greenwood Biosar, a joint partnership of Greenwood Energy and Biosar, has started construction on a 40 MW solar project for Enrel Green Power, an independent power producer (IPP). The solar array is mounted on...

Greenwood Biosar Begins Construction of 40MW Chile Solar Project

Greenwood Biosar, a joint venture between Greenwood Energy and Biosar formed to provide engineering, procurement, and construction (EPC) services for solar photovoltaic (PV) systems, announced today it has begun construction of a 40-megawatt (MW) solar PV project in...

Soltage Greenwood completes 2.5 MW solar project in Gardner, Massachusetts

Soltage Greenwood, a joint venture between Greenwood Energy and Soltage LLC, today joined Borrego Solar to inaugurate a 2.5 megawatt (MW) solar photovoltaic project designed and built for the City of Gardner, Massachusetts...

Greenwood Energy opens additional offices in Connecticut, Panama and Chile

Greenwood Energy, the North American clean energy division of Libra Group, has opened new offices in North and South America to continue its expansion in key growth markets. The new regional hubs are in Wilton...

Greenwood Biosar completes construction of 2.4MW Panama solar plant

Greenwood Biosar, a joint venture between Greenwood Energy and Biosar formed to provide engineering, procurement, and construction (EPC) services for solar photovoltaic (PV) systems, has completed design and construction of a 2.4-megawatt (MW) solar PV project in Panama’s Herrera Province for Enel Green Power Panama...

Soltage-Greenwood announces John Hancock as lead in equity financing of solar power assets

Soltage-Greenwood, a joint venture between the North American clean energy division of Libra Group and premier North American solar power provider Soltage, LLC, today announced that John Hancock Life Insurance..

Greenwood Energy Closes on Purchase of 5.5 MW of Solar Projects in Massachusetts

Greenwood Energy has completed the purchase of 5.5 MW in capacity of solar projects to be located in Gardner and Walpole, Massachusetts. The projects were developed and will be built by Borrego Solar Systems, Inc...

Greenwood Energy Closes on Purchase of 2 MW of Solar Projects in Delaware

Greenwood Energy, the North American clean energy division of Libra Group, has completed the purchase a total of approximately two MW in capacity of solar projects to be located in Wilmington, Delaware...

Greenwood Energy enters into JV with Biosar

Greenwood Energy today announced a new joint venture with Biosar Energy S.A., a global leader in the construction of medium and large scale photo-voltaic (PV) solar systems throughout Europe. Biosar brings proven...

Greenwood Energy Joins U.S. Environmental Protection Agency CHP Partnership

Greenwood Energy today joined the U.S. Environmental Protection Agency’s Combined Heat and Power Partnership, a program advocating the implementation of high-efficiency combined CHP technology..