Asset Type | Energy Infrastructure (Natural gas power generation) |
Status | Operational (COD in 1996) |
Asset Description | Brooklyn Navy Yard (BNY) is a 286 MW nominally rated natural gas combined cycle cogeneration facility located in Brooklyn, New York City which sells steam and electricity output to the Consolidated Edison Company of New York (ConEd). BNY has steam output capacity of 1,000,000 lbs per hour. |
Asset Type | Energy Infrastructure |
Status | Greenfield |
Asset Description | BlueWave is a development company focused on distributed generation (DG) solar and utility-scale storage, specifically focused on community solar, in the US Northeast and Mid-Atlantic. The development pipeline consists of over 1.3 GW of capacity across over 140 projects and 5 states. |
Asset Revenues | Community solar projects will generate revenue by state community solar bill credits earning retail rates for 20–25 year initial periods depending on market. Beyond the initial program, projects will be able to sell electricity on a merchant basis. Storage projects will generate revenue through capacity revenues and energy arbitrage. |
Asset Type | Energy Infrastructure |
Status | Operational (COD in August 2011 for Copper Crossing and November 2010 for Dry Lake II) |
Asset Description | 50% interest in a portfolio of two operating renewable projects, one 65.1 MW wind farm (Dry Lake II) and one 23 MWdc solar farm (Copper Crossing), both located in Arizona and fully contracted under long- term PPAs. |
Asset Type | Energy Infrastructure |
Status | Operational (COD between October 2014 and October 2015) |
Asset Description | Three run-of-river hydroelectric facilities located near the Iskut River watershed in Northwestern British Columbia with a total installed capacity of 303 MW. |
Asset Revenues | 100% of power produced is sold to BC Hydro under a fully inflation-indexed 60-year Power Purchase Agreement (PPA). |
Counterparty | BC Hydro (rated Aaa by Moody’s, AAA by S&P, and AA (high) by DBRS) |
PPA Expiry | Between October 2074 and October 2075 (60 years following COD) |