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News
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LCG, August 14, 2024 – LCG Consulting (LCG) has released its annual outlook of the ERCOT wholesale electricity market for 2025, highlighting the region's rapid transition toward increased reliance on renewable energy resources and battery storage.
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LCG, August 14, 2024 – LCG Consulting (LCG) has released its annual outlook of the ERCOT wholesale electricity market for 2025, highlighting the region's rapid transition toward increased reliance on renewable energy resources and battery storage.
Read more
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Industry News
NorthRenew Energy's Mesquite Sky Wind Project Commences Construction
LCG, January 21, 2021-–NorthRenew Energy (“NorthRenew”) announced today that Clearway Energy Group (“Clearway”) achieved construction commencement on the Mesquite Sky Wind Project, f/k/a Baird North Wind Project (“Mesquite Sky”), initially developed by NorthRenew and sold to Clearway in 2019. Following the sale in 2019, NorthRenew continued to assist Clearway with final development and pre-construction services.
Mesquite Sky, located in Callahan County, Texas, represents a multi hundred million dollar investment and is expected to have 345MW of nameplate capacity comprised of 69 Siemens Gamesa wind turbines. Upon commencing operations in late 2021, Mesquite Sky will serve the long-term sustainable power needs of several major corporate manufacturing corporations and will make its contribution to increasing the environmental sustainability of Texas, US, and world economies. Mesquite Sky will create many new jobs and bring substantial streams of new income to the local landowners, businesses, and municipalities during both its construction and operation phases. A lender group comprising marquee global financing institutions led the Project's $427 million construction debt financing.
Garth Klimchuk, NorthRenew’s Co-Founder and Managing Partner, stated: “We are honored to have worked with such a distinguished investor and developer as Clearway to bring this project to fruition and look forward to completing more projects with them.”
“We are pleased to have partnered with NorthRenew on this important project for Callahan County. Clearway was excited to bring its breadth of experience to complete development activities and enhance Mesquites Sky’s design which helped attract offtake agreements from household brands. We look forward to continuing to work with NorthRenew on future opportunities,” said John Woody, VP of Business Development at Clearway Energy Group.
Garth Klimchuk, managing partner of of NorthRenew Energy announced that the 345 MW Mesquite Sky Wind project located in Callahan County, has commenced construction. LCG Consulting provided analytical service to NorthRenew and investment support to the offtaker Clearway for 345 MW Wind Farm.
About NorthRenew
NorthRenew is a renewable energy development company focused on originating and developing wind, solar and energy storage projects throughout North America. NorthRenew’s team has over 200 years of collective experience in all aspects of project development and construction, and has been involved in over 200 transactions representing more than 5,000MW of generation capacity and $100 billion in transaction value across a wide range of renewables, traditional power, and utility transactions. For more information, visit www.northrenew.com
About Clearway
Clearway Energy Group is leading the transition to a world powered by clean energy. Along with our public affiliate, Clearway Energy, Inc., we own and operate more than 5 gigawatts of wind, solar, and energy storage assets in 26 states, offsetting the equivalent of nearly 8.8 million metric tons of carbon emissions for our customers, and we are developing a pipeline of new renewable energy projects nationwide. With another 2.5 gigawatts of thermal energy systems and conventional power owned by our public affiliate, we are also helping provide reliable and sustainable energy to thousands more customers across the country. Clearway Energy Group is headquartered in San Francisco, CA with offices in Carlsbad, CA; Scottsdale, AZ; Houston, TX; and Princeton, NJ. For more information, visit www.clearwayenergygroup.com
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UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
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UPLAN-ACE
Day Ahead and Real Time Market Simulation
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UPLAN-G
The Gas Procurement and Competitive Analysis System
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PLATO
Database of Plants, Loads, Assets, Transmission...
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