Here are five recommended reads for today (11/18/14).
- Greentech Media reports: “SunEdison and its YieldCo TerraForm just acquired wind developer First Wind for $2.4 billion. It means SunEdison is in the wind business and can now add wind projects to the solar project pipeline of its YieldCo, TerraForm. The purchase price was comprised of $1.9 billion in an upfront payment and a $510 million earn-out.”
- According to Renewable Energy World: “The new era in Congress may mean trouble for some old tax breaks. The wind energy tax credit, championed by environmentalists, Democrats, a few Republicans and companies including General Electric Co. and Siemens AG, may be imperiled as its most important backers in Congress lose clout.”
- The Washington Post reports, “The U.S. Forest Service has backed off a proposal to ban fracking in the George Washington National Forest, a move likely to upset conservationists who oppose the controversial drilling practice.”
- According to the Washington Post’s Wonkblog, “Another reason to be outraged over Congress’ Keystone bill: It gives one company special treatment.”
- The New York Times reports: “In detailed proposals submitted in May and August, the public relations firm Edelman outlined a plan to investigate groups that had opposed Energy East, a pipeline in development by TransCanada. Edelman urged TransCanada to develop its own sympathetic supporters and spread any unflattering findings about the opposition.”