Maple Flats
WEC Energy Group agreed to acquire an 80% ownership interest in the 250 MW Maple Flats Solar Energy Center being developed by Invenergy, with investment expected to total approximately $360 million.
$360M
Deal Value
250MW
Capacity
Solar
Technology
IL
Location
Deal Details
- Deal Type
- Stake acquisition
- Seller / Sponsor
- Invenergy
- Buyer / Financier
- WEC Energy Group
- Deal Value
- $360M
- Stage
- operating
- ISO/RTO
- MISO
Related Deals
Bethel Wind Energy Center — ~250 MW onshore wind, Castro County, Texas (ERCOT)
Southern Power / Invenergy → Google
Wind Catcher — 2,000 MW OK Panhandle (800 GE 2.5 MW turbines) + 350-mile 765kV line ($4.5B; cancelled July 2018)
AEP / Public Service of OK + SWEPCO + Invenergy → PSO + SWEPCO ratepayers
$4.5B (announced; cancelled)
Santa Rita Wind Energy Center — 125 MW wind, TX (ERCOT)
Invenergy → Kimberly-Clark
Northwestern Illinois Community Solar Portfolio — 11.9 MW solar across 16 sites, Illinois (PJM)
Clearway Energy Group → Northwestern University
Prairie Wolf Solar — 100 MW solar, IL (MISO)
National Grid Renewables (Geronimo) → Cargill
WGL Holdings — Washington Gas Light + non-regulated power/marketing/midstream
AltaGas Ltd.
C$8.4B (~$6.4B USD; $88.25/share cash)
Leadership at the Counterparties
Recent executive moves at the firms named in this deal.
Get deals like this in your inbox
Free weekly clean energy deal intelligence. Every Monday.