Invenergy

Invenergy

Develops and operates renewable energy projects

Grid Integration Engineer 2

Full-Time
$105k - $125k/yr

+ 15% bonus

Junior, Mid, Senior
Bachelor's, Master's
Chicago, IL, USA
Hybrid

Four days on-site in the Chicago office and remote on Fridays.

No H1B Sponsorship

About the job

Requirements
  • A Bachelor's or Master's degree in Electrical Engineering with emphasis in Power Systems.
  • 2–6+ years of experience in power system analysis, transmission planning, interconnection studies, or grid integration engineering.
  • Experience with power system simulation tools such as PSS/E, PowerWorld, PSLF, PSCAD, or equivalent software.
  • Knowledge of ISO/RTO interconnection processes and transmission planning frameworks.
  • Strong analytical and problem-solving skills.
  • Proficiency with Microsoft Excel and data analysis tools.
  • Eligibility to work in the United States without the need for employer visa sponsorship now or in the future.
Responsibilities
  • Perform technical analysis to support grid integration and interconnection activities for generation and large-load projects.
  • Review ISO/RTO interconnection electromagnetic transient studies and provide technical evaluation of study results.
  • Assist with interconnection and engineering activities for the Grain Belt Express HVDC project, including technical discussions with RTOs/ISOs and coordination with OEMs, engineering contractors, and internal project teams.
  • Assist with advanced power system modeling activities including power flow, stability, and electromagnetic transient analysis.
  • Support evaluation of grid-code compliance requirements, including system performance during disturbances and inverter-based resource integration.
  • Assist in engineering evaluations for data center and large-load interconnection projects, including analysis of dynamic load behavior and grid stability impacts.
  • Coordinate with internal modeling teams and external consultants to develop system models and perform reliability and performance studies.
  • Assist in the preparation and validation of power system models used in ISO/RTO interconnection processes.
  • Support development of conceptual designs for interconnection facilities, substations, and transmission upgrades associated with new generation and load projects.
  • Assist in interpreting ISO/RTO market rules and interconnection requirements applicable to project development and operation.
  • Provide technical support to Development, Origination, Engineering, and Commercial teams in evaluating grid integration opportunities and constraints.
  • Participate in ISO/RTO stakeholder meetings and technical working groups related to interconnection and grid performance requirements.
  • Support technical diligence efforts related to project acquisitions and M&A opportunities.
  • Establish and maintain technical relationships with utilities, consultants, and ISO/RTO stakeholders.
Desired Qualifications
  • Understanding of FERC and NERC reliability standards related to transmission and generation interconnections.
  • Experience with Python, MATLAB, or other scripting tools for modeling or automation.
  • Familiarity with inverter-based resource integration and system performance requirements.

About the company

Invenergy develops and operates large-scale sustainable energy projects worldwide. It covers the full lifecycle from development and construction to ongoing operations, selling the generated energy to utilities and large industrial customers. Its portfolio includes wind, solar, energy storage, natural gas, and clean water solutions across 176 projects on four continents, serving about 8.2 million homes. The company differentiates itself with in-house, end-to-end project execution and long-term partnerships, and aims to expand its clean-energy portfolio while applying digital tools to improve efficiency and reliability.

Company Size

1,001-5,000

Company Stage

Debt Financing

Total Funding

$8.9B

Headquarters

Chicago, Illinois

Founded

2001

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Simplify Jobs

Simplify's Take

What believers are saying

  • August 2026 Crux committed $215 million to Pleasant Prairie Solar, validating financing access.
  • August 2026 Quincy Solar broke ground with Grant PUD, expanding Washington construction momentum.
  • July 2026 Lazbuddie completion and California storage expansion deepen recurring revenue and local goodwill.

What critics are saying

  • September 2026 Seahawk faces fierce Santa Cruz opposition over fire, access, and proximity.
  • June 2026 offshore wind surrender exposed dependence on policy, not durable competitive moat.
  • California permitting delays until 2027 can stall Seahawk, while battery-safety blowups create existential liability.

What makes Invenergy unique

  • Invenergy pairs development, construction, and operations across wind, solar, storage, gas.
  • June 2026 offshore wind buyback redirected Invenergy capital into dispatchable Midwest gas and Western geothermal.
  • Its 2026 California, Washington, and Texas pipeline shows utility-scale siting breadth and execution.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

401(k) Retirement Plan

Paid Vacation

Performance Bonus

Growth & Insights and Company News

Headcount

6 month growth

↑ 22%

1 year growth

↑ 22%

2 year growth

↑ 22%
[your]NEWS
Sep 23rd, 2026
Democrats sue over wind checks after the breeze stopped blowing money into unfinished turbines.

Democrats sue over wind checks after the breeze stopped blowing money into unfinished turbines. By Paris Apodaca Democrat-led states sued the Trump administration over offshore wind lease agreements Tuesday - but a new report warns the legal fight highlights a broader problem: whether companies can rely on federal permits even once administrations change. The Joseph Rainey Center for Public Policy released its report, "When Permits Aren't Permanent," Monday, arguing that the permitting debate has focused on getting infrastructure projects approved while paying less attention to whether those approvals remain secure after investors commit billions of dollars. "Critics of the offshore wind buyouts should offer an alternative solution. Stranding capital in projects that face stop-work orders and permitting delays fails the taxpayers, tollpayers, and retirees whose pensions and 401(k)s fund them," Sarah Hunt, president and CEO of the Joseph Rainey Center - the report's author - told the Daily Caller News Foundation. The offshore wind fight illustrates what the report describes as a problem at the "back door" of the permitting process. Even after companies secure federal permits, leases and licenses, projects can face stop-work orders or changes in federal policy before construction is complete. "Whatever one thinks of a particular technology or administration, the precedent is now both technology-neutral and administration-neutral: one administration's authorization can be undone by the next," the report reads. New York Attorney General Letitia James led Connecticut, Delaware, Maine, Massachusetts, New Jersey, Rhode Island and Vermont in the lawsuits challenging agreements involving Invenergy - North America's largest private and independent power producer - and Bluepoint Wind, according to the Massachusetts Attorney General's Office. Allowing investors to recover their capital and redirect it toward other American energy projects is preferable to leaving money stranded in projects that may no longer move forward, Hunt argued. "The buyouts aren't the problem. The problem is that the government can pull a permit after investors spend the money," she told the DCNF. "Without durability, faster approval only reduces the time between approval and reversal," her report states. The Department of the Interior has negotiated several agreements allowing offshore wind developers to surrender federal leases and recover some or all of their lease payments while redirecting equivalent investments toward other domestic energy projects. "Only Congress can make an authorization durable," the Joseph Rainey Center's report continues. "The framework below rests on six statutory pillars aimed at one result: a validly issued federal infrastructure authorization should function as a property-like commitment, revocable only for cause, through a defined process, or at an honest public price." Under one such agreement, Invenergy agreed to voluntarily terminate four offshore wind leases in the New York Bight, off California's Central Coast and in the Gulf of Maine. The company agreed to redirect $765 million toward natural gas-fired power plants in Indiana, Wisconsin, Iowa, Kansas and Missouri and geothermal projects in the western United States. The report argues the uncertainty exposed by the offshore wind fight could extend beyond wind if companies begin to doubt whether federal approvals will survive changes in presidential administrations. "A future administration that decides offshore drilling no longer fits its climate agenda could run the same playbook, with consequences that extend well beyond energy companies to the ports, manufacturers, service firms and workers whose livelihoods depend on those projects," Guy Caruso, former administrator of the U.S. Energy Information Administration, told the DCNF. Congress needs to clarify whether federal energy approvals can change between administrations, Caruso argued, warning the precedent could affect industries beyond offshore wind. The report comes as Democratic-led states filed two lawsuits challenging Department of the Interior agreements that allow offshore wind developers to surrender federal leases and recover some or all of their lease payments after investing equivalent amounts in other U.S. energy projects. All content created by the Daily Caller News Foundation, an independent and nonpartisan newswire service, is available without charge to any legitimate news publisher that can provide a large audience. All republished articles must include its logo, its reporter's byline and their DCNF affiliation. For any questions about its guidelines or partnering with yourNEWS Media Group, please contact [email protected]. Posted by yournews media newsroom. yourNEWS.com is a premier news dissemination platform operating at local, state, and national levels. Its unwavering commitment lies in the restoration of journalistic integrity. yourNEWS Media Group envision news delivery in its purest form: untainted by bias and firmly grounded in truth. Embracing transparency, yourNEWS Media Group refrain from censorship. By circumventing the gatekeepers of misinformation and government narratives, yourNEWS Media Group empower 'the people' with the rightful control over the press. yourNEWS is on the cusp of reshaping the media landscape, cultivating the largest news platform globally. yourNEWS Media Group is not just forecasting change - yourNEWS Media Group is creating it. (Note: Articles may not be original content. Reference byline for original source.)

Offshore WIND
Sep 23rd, 2026
New York, California launch New lawsuits over Trump administration's Offshore Wind lease buyouts.

New York, California launch New lawsuits over Trump administration's Offshore Wind lease buyouts. Adrijana Buljan Offshore Wind 4 minutes read New York and California have filed separate lawsuits challenging two offshore wind lease buyout agreements reached by the Trump administration, with New York leading a coalition of eight states in two cases targeting deals with Bluepoint Wind and Invenergy, while California is challenging the administration's agreement with Invenergy over a lease off its coast. New York Attorney General Letitia James and attorneys general from New Jersey, Connecticut, Delaware, Maine, Massachusetts, Rhode Island, and Vermont filed two lawsuits on 22 September over agreements under which the US Department of the Interior (DOI) would pay a combined USD 1.4 billion (around EUR 1.2 billion) to cancel four offshore wind leases. One case concerns Bluepoint Wind and a USD 765 million (around EUR 670 million) payment, while the other lawsuit challenges a USD 653 million (around EUR 571 million) payment linked to three Invenergy leases in the Northeast. The states argue that the agreements unlawfully use money from the federal Judgment Fund and violate the Administrative Procedure Act, National Environmental Policy Act, Outer Continental Shelf Lands Act, Judgment Fund Act and other federal spending laws. The lawsuits are asking the courts to declare the agreements unlawful, void the lease cancellations and prevent further implementation of the deals. The agreement between the DOI and Bluepoint Wind, a partnership comprising Ocean Winds and Global Infrastructure Partners (GIP), covers the offshore wind lease in the New York Bight that was awarded in the 2022 federal auction, and has been developed to house a 2.4 GW fixed-bottom offshore wind farm. "Instead of building the offshore wind farm New York was counting on, Bluepoint will use the money to build a liquefied natural gas facility and has committed not to pursue future offshore wind developments in the United States", a press release from the New York Attorney General's office reads. The second New York lawsuit is for three of the four leases covered by the agreement between the DOI and Invenergy, announced in June. These include Invenergy's New York Bight lease, where the company and energyRe have been developing the Leading Light Wind project, and two lease areas in the Gulf of Maine. The fourth Invenergy lease, in the Morro Bay Wind Energy Area, where Invenergy was developing a 2 GW floating wind farm, is being challenged separately by California. California Attorney General Rob Bonta and the California Energy Commission (CEC) also filed the state's lawsuit on 22 September, saying the agreement with the Trump administration would provide Invenergy with more than USD 111 million (around EUR 97 million) from federal taxpayer funds in exchange for abandoning the lease, while requiring an equivalent investment by its corporate affiliates in fossil fuel or geothermal projects outside California. California says that the agreement violates the Constitution, the Administrative Procedure Act, the Coastal Zone Management Act, the National Environmental Policy Act, the Judgment Fund Act and the Outer Continental Shelf Lands Act. The state is asking the court to strike down the agreement and stop its implementation. "At a time when we need more reliable, clean energy, President Trump is trying to send $111 million to his fossil fuel industry friends and wants taxpayers and working families to cover the tab. This outrageous abuse of taxpayer dollars will damage the offshore wind industry and create unnecessary obstacles to clean and reliable energy powering our homes and economies," said Attorney General Rob Bonta. The California case follows a Notice of Intent to Sue issued to DOI and Invenergy on 16 July, which was filed after the State issued a Notice of Intent to Sue in June over the USD 120 million (around EUR 105 million) Golden State Wind lease buyout. California launched a lawsuit challenging the Golden State Wind deal on 28 August. California has also issued a Notice of Intent to Sue over the 1.6 GW Canopy floating wind project in the Humboldt Wind Energy Area, affected by the USD 1.22 billion (around EUR 1.05 billion) agreement between the DOI and RWE, which covers RWE's leases off California, Louisiana and New York. The latest cases also follow a lawsuit filed in June by New York and six other states over the Trump administration's agreement with TotalEnergies to cancel offshore wind leases in exchange for reimbursement of lease payments and a commitment to redirect investment towards US oil and gas projects. The US offshore renewable energy industry organisation, Oceantic Network, welcomed the announcements of the latest lawsuits filed by New York and California, and pointed out that cancelling offshore wind projects has far-reaching consequences for the US economy. "When a 1-gigawatt offshore wind project is cancelled, we don't just lose a project, we lose an estimated $8.5 to $9.5 billion in U.S. economic output. That means roughly 3,350 construction jobs disappear across the country, along with hundreds of millions of dollars in wages that would have gone to American workers and their families. And the impact doesn't stop at the project site. It reaches businesses, workers, and communities throughout a nationwide supply chain", said Liz Burdock, President & CEO at Oceantic Network. "These are real economic losses, being felt by American workers when the cost of living is soaring. Oceantic commends California, New York and other East Coast states for standing up once again to challenge actions that threaten jobs, investment, and the nation's ability to meet growing electricity demand with a proven, affordable, and reliable energy source." Reach the Offshore Wind industry in one go! Offshore Wind is read by thousands of professionals every day. Increase your visibility with banners, tell your story with a branded article, and showcase your expertise with a full-page company profile in its business directory. Follow Offshore Wind on:

Gothamist
Sep 22nd, 2026
NY, NJ sue Trump admin over deals to scrap offshore wind projects.

NY, NJ sue Trump admin over deals to scrap offshore wind projects. Published Sep 22, 2026 at 2:45 p.m. ET Never miss a story We rely on your support to make local news available to all Make your contribution now and help Gothamist thrive in 2026. Donate today Gothamist is funded by sponsors and member donations New York and New Jersey have joined a multistate coalition suing the federal government over a pair of settlements that redirected more than $1.4 billion away from offshore wind development and toward fossil fuel projects. A total of eight states filed two separate lawsuits against the Trump administration and the companies Invenergy and Bluepoint Wind on Tuesday. The states argue that the deals, each struck earlier this year, are an illegal use of taxpayer dollars that have resulted in canceled projects that could have delivered badly needed electricity to the Northeast while creating thousands of jobs in the region. "These illegal backroom deals take money that should have gone toward lowering New Yorkers' bills and hand it to fossil fuel projects in other states, all while our energy demand continues to grow," New York Attorney General Letitia James said in a statement. "At a moment when every available resource should go to keeping the lights on and prices down, this administration is choosing corruption over communities." Charlotte Taylor, a spokesperson for the U.S. Department of the Interior, said the department would not comment on litigation. But she noted that the Trump administration, which has staunchly opposed offshore wind, determined the projects posed national security risks, and that the companies voluntarily agreed to the deals, which were reviewed by the U.S. Department of Justice. The administration will not "sit back and let reckless projects" create higher utility costs, a weakened energy system and unnecessary harm to the environment, Taylor said in a statement. The lawsuit challenging the Bluepoint settlement was filed in federal district court for the Eastern District of New York. Bluepoint Wind had been planned for federal waters 38 miles south of Long Island and 53 miles east of the Jersey Shore, and was designed to produce 2.4 gigawatts of electricity. That's enough to power more than 1 million homes, according to the company. The Trump administration and Bluepoint reached a settlement to cancel the project's lease in April, in a portion of the ocean that the company previously bid $765 million for. The project was still in its early stages and construction had not started. The settlement pays $765 million to the company, and that money will be spent on oil and gas development. Bluepoint plans to use that money to build a liquified natural gas facility, according to James' office. Bluepoint Wind did not respond to a request for comment. Meanwhile, the lawsuit against the Invenergy settlement was filed in federal court in Maine. Invenergy held a lease to build offshore wind 35 miles off the Jersey Shore and 69 miles south of Long Island, as well as two leases in the Gulf of Maine. Invenergy had bid a total of $653 million for all of those leases. They were canceled through a settlement with federal authorities in June, in a deal that pays the company $653 million to be reinvested in oil and gas projects. Invenergy plans to use that money to build natural gas power plants across the Midwest, according to James' office. Invenergy did not respond to a request for comment. The federal government is paying out the settlements from the Department of Justice's Judgement Fund. Gov. Kathy Hochul called the arrangement a "pay-not-to-play scheme" in a statement, adding the Trump administration's move "is an outrageous abuse of taxpayer dollars that hurts our ability to meet our energy needs, reduce emissions, create good paying jobs and help secure American energy independence." Both lawsuits seek court orders declaring the settlements unlawful and voiding the lease cancellations. The Trump administration has reached similar deals to cancel other offshore wind projects, and those deals have faced similar challenges. New York and New Jersey sued over a similar deal with TotalEnergies in June. States in the Northeast are grappling with soaring electricity prices driven by a supply crunch as demand for power, especially for new data centers, grows. Both New York and New Jersey had invested heavily in recent years to support the local offshore wind industry, but that work has largely ground to a halt since President Donald Trump returned to the White House. New York has one offshore wind facility, South Fork Wind, which began sending power to Long Island in 2023. Two more - Sunrise Wind and Empire Wind - are currently under construction, despite federal efforts to halt that work. New Jersey Gov. Mikie Sherrill previously told WNYC that the Garden State will focus on offshore wind again in the future "if that makes sense." Sherrill has emphasized developing solar and nuclear energy in the meantime.

The Pajaronian
Sep 3rd, 2026
New company takes over Minto Road BESS project.

New company takes over Minto Road BESS project. September 3, 2026 The company behind a controversial battery energy storage project near Watsonville has changed, but plans to seek state approval for the facility - and the opposition surrounding it - remain. Chicago-based Invenergy has acquired the proposed Seahawk Energy Storage Project at 90 Minto Road from New Leaf Energy and will become its owner and lead developer, the company announced in an Aug. 26 letter to Santa Cruz County Executive Officer Nicole Coburn. New Leaf will remain involved while the project goes through the California Energy Commission's permitting process, which Invenergy expects to conclude by the end of 2027. The proposed 200-megawatt battery energy storage system, or BESS, would be built near College Lake and adjacent to PG&E's Green Valley Substation. The project has drawn fierce opposition from nearby residents and groups including Stop Lithium BESS in Santa Cruz County and Never Again Moss Landing, which have raised concerns about fire hazards, toxic emissions, emergency access and the facility's proximity to homes, farmland and College Lake. Invenergy says the project will use newer technology and meet modern fire and safety standards. The ownership change comes several months after New Leaf withdrew its application from Santa Cruz County and instead sought approval through the California Energy Commission's Opt-In Certification Program. County records show New Leaf withdrew its county application May 7. The company applied to the state May 27. Invenergy plans to continue down that path. "We recognize and respect the extensive work Santa Cruz County put into proposing a new ordinance to protect your residents," the company said in written responses to The Pajaronian. Invenergy said it supports the draft BESS ordinance presented to the Santa Cruz County Board of Supervisors in January, but also agrees with New Leaf's decision to pursue approval from the state. The company said it anticipates that the CEC will honor provisions of the county's proposed ordinance. That decision has been a major point of contention surrounding Seahawk. Santa Cruz County had been developing an ordinance that would establish local regulations for utility-scale battery storage facilities when New Leaf moved its application to the state. Under the opt-in process, the CEC becomes the permitting and California Environmental Quality Act review agency for the project. The CEC is currently reviewing Seahawk. Its online docket shows that the change in ownership was formally filed Aug. 27 and that residents continue to submit comments opposing the project. Invenergy says acquiring Seahawk fits into its broader push to develop energy infrastructure in California. The company says it has developed more than 230 projects totaling more than 38 gigawatts worldwide, including more than 25 energy storage projects totaling more than 1,250 megawatts. Invenergy owns or operates six projects in California and has a pipeline of prospective solar, geothermal and storage projects in the state totaling more than 1,700 megawatts. "Utility-scale battery energy storage systems like the Seahawk Energy Storage Project are critical to help meet rising energy demand and address the energy affordability crisis in California," the company told The Pajaronian. But the proposed location has made Seahawk a flashpoint. More than 150 people attended a February meeting at Pinto Lake City Park organized by Stop Lithium BESS in Santa Cruz County. Residents and speakers raised concerns about fire, environmental contamination and evacuation routes, particularly following the January 2025 fire at the Vistra battery storage facility in Moss Landing. The opposition group says the Minto Road facility would be about 500 feet from the nearest residences and uphill from College Lake, and has raised concerns about narrow roads that could complicate evacuation and emergency response. It also points to surrounding farmland and nearby wetlands as reasons the location is inappropriate. The group also disputes claims that lithium-iron-phosphate technology eliminates the danger of major fires, pointing to fires involving LFP battery systems elsewhere. Nina Audino, founder of Stop Lithium BESS in Santa Cruz County, said the change in ownership has done nothing to alleviate the group's concerns about the project. "My concerns with this technology are the same," she said. Audino said there is still too little information available about how Invenergy might change Seahawk, including what battery system will replace the one previously proposed. She said she supports moving away from fossil fuels and believes electrification will be an important part of that transition, but argues that large lithium-based battery facilities are the wrong approach. "The carbon footprint has to stop," she said. "We have to learn to live differently. And I believe electrification in part or in large part is part of the solution, but not using this technology, not with this particular kind of battery." She also said opposition to Seahawk reflects a larger debate playing out across California over where utility-scale battery facilities should be located. Audino said projects proposed near residential and agricultural communities have encountered significant opposition, while large energy developments in more remote portions of the state present a different land-use question. "It's one thing to place these facilities in half semi-desert arid areas like in Kern County or in Fresno County, miles away from residential areas," she said. "And it's another thing to try to pack them in coastal counties, in rural areas that are heavily agricultural." Invenergy, however, says Seahawk would differ significantly from the Moss Landing facility. The company said the project would use containerized batteries with greater thermal stability and a lower fire risk than the nickel-manganese-cobalt batteries used at Moss Landing. Invenergy says the batteries will be housed in separate outdoor containers rather than inside a building. "What happened at the Moss Landing battery storage facility in 2025 cannot happen at a modern energy storage site," an Invenergy spokesman said, citing changes in technology, regulations and industry standards. The company says Seahawk will comply with NFPA 855, the International Fire Code and SB 38, along with other applicable state and national requirements. Invenergy also says the project would bring more than $50 million in economic benefits to Santa Cruz County over its projected lifespan of more than 20 years. According to Invenergy, that includes more than $2 million annually in property tax revenue, more than $8 million in sales and use taxes associated with construction and equipment purchases and $150,000 for training and contributions to the local fire protection district. Invenergy estimates construction would employ as many as 50 workers at its peak and that the completed facility would support five permanent operations and maintenance jobs. It is not yet clear how the specifics of the project will change under the new ownership. Invenergy said those details will become clear in the coming months in a "transparent, community-focused transition." While New Leaf planned to use batteries supplied by China-based Contemporary Amperex Technology Co. Limited, or CATL, Invenergy will seek another supplier because they are no longer compliant with federal regulations. "Invenergy will employ a different battery model that is proven, reliable, and complies with current rules on country of origin," Invenergy said, but did not name the replacement. "Invenergy will employ a different battery model that is proven, reliable, and complies with current rules on country of origin," he said, but stopped short of naming the model the company plans to use. Audino said changing manufacturers or battery models would not resolve the group's broader concerns about placing a large lithium-based storage facility near homes and agricultural land. She argues that the risks associated with lithium batteries are significantly different when thousands of batteries are concentrated at a utility-scale storage facility. She pointed to potential failures involving not only battery cells but also components of the battery-management system. "It is a risk that's not necessary," she said. Invenergy says it intends to continue the community outreach begun by New Leaf and meet with local leaders and residents as the CEC review proceeds. New Leaf will remain involved during that process. Opposition, meanwhile, is continuing. Recent filings in the CEC proceeding include comments raising concerns about emergency access, fire protection, battery testing, environmental impacts and the project's proximity to nearby residents. Invenergy says its lead developer for Seahawk will reach out to county and community leaders in the coming months. "We look forward to working with you to create a safe project that benefits Santa Cruz County while meeting growing energy demand and supporting the climate action goals" of the county, Central Coast Community Energy and California, Invenergy Senior Vice President Laura Miner wrote to Coburn.

TaiyangNews
Aug 26th, 2026
North America Solar PV news snippets: Crux invests $215M in Invenergy solar project & more.

North America Solar PV news snippets: Crux invests $215M in Invenergy solar project & more. UK's Aggreko plans NYSE listing; $750mn for Swift Current Energy; $50 million for Coreshell's battery plant; Qcells, Microsoft plan new energy capacity; 38 Degrees North secures EIG debt facility; Tax Capital for Aspen Power's 30 solar projects; Lightstar wins 27.3 MW New Jersey awards. Invenergy has secured $215 million in tax equity for its 240 MW Ohio solar project and broken ground on a 120 MW project in Washington. Published on: Aug 26, 2026, 12:09 am Invenergy secures $215M, breaks ground on solar. North America-based IPP Invenergy has secured $215 million in tax equity from clean energy capital platform Crux for its 240 MW Pleasant Prairie Solar Energy Center in Franklin County, Ohio. The project is under construction and is expected to begin commercial operations in 2027. Crux Capital Securities structured the investment through a Crux-managed vehicle, designed to monetize federal investment tax credits. Separately, Invenergy and Grant County Public Utility District (Grant PUD) have broken ground on the 120 MW Quincy Solar Energy Center near Moses Lake, Washington. The project marks Grant PUD's first solar project in Grant County and Invenergy's first solar project in Washington to reach construction. It is expected to begin operations in late 2027. Aggreko files for proposed US IPO. Aggreko, the UK-based mobile, modular power solutions company, has publicly filed a Form F-1 registration statement with the US Securities and Exchange Commission (SEC) for a proposed initial public offering (IPO) of its ordinary shares. The company plans to list its shares on the New York Stock Exchange (NYSE) under the proposed ticker AGKO. The company has not disclosed the number of shares, offering price range, or timing, saying the offering remains subject to market conditions. Goldman Sachs, JPMorgan, and BofA Securities are serving as joint lead bookrunning managers, with several other banks acting as bookrunners and co-managers. The registration statement has been filed but is not yet effective, said Aggreko. Swift Current secures $750 million credit facility. US renewable energy projects developer Swift Current Energy has closed a $750 million corporate credit facility to support its energy development activities across the country. The three-year, dual-tranche facility includes an option to increase the credit capacity by another $250 million, bringing the potential total to $1 billion. Swift says the facility will provide it with cash and letter-of-credit capacity as it develops, commercializes, owns, and operates large-scale energy projects. Since 2016, it claims to have commercialized 5 GW of clean energy projects, owns and operates more than 1 GW, and has more than 10 GW under development. Crédit Agricole CIB, ING Capital, and Truist Securities were among the lead arrangers for the financing, with Crédit Agricole CIB and ING Capital also serving as green loan structuring agents. Coreshell secures $50 million DOE award. Coreshell Technologies, a California-based battery technology company developing lithium-ion batteries with metallurgical silicon (MGS) anodes, has been selected by the US Department of Energy (DOE) for a $50 million award. The funding, provided under the Infrastructure Investment and Jobs Act, will support the expansion of Coreshell's manufacturing facilities and the development of a US gigafactory for lithium-ion batteries using MGS anodes instead of graphite. Coreshell and project partner AM Batteries plan to establish about 2 GWh of electrode manufacturing capacity and 1.5 GWh of cell assembly capacity. AM Batteries will provide its dry-electrode coating technology for cathode production. The project aims to reduce US dependence on imported graphite and other foreign battery supply chains for electric vehicle (EV) and defense applications. It also offers a path to energy storage that isn't 'hostage' to a foreign supply chain, said Coreshell CEO and Co-Founder Jonathan Tan. Qcells, Microsoft expand AI energy alliance. Solar PV manufacturer Qcells is expanding its alliance with tech giant Microsoft to explore ways to add new energy capacity alongside the technology company's growing AI infrastructure. Under a proposed 'bring-your-own-capacity' (BYOC) model, Qcells would develop and build new energy resources that could supply Microsoft directly or the local utility serving nearby communities. Microsoft would fund the power needed for its operations, aiming to match new data center demand with additional energy resources. The companies are also exploring virtual power plants (VPPs) that would aggregate residential and commercial batteries to provide electricity to the grid during periods of peak demand. Qcells said it plans to prioritize participation from income-qualified households. The expanded collaboration builds on an existing relationship that began in 2023 with a 2.5 GW solar module and EPC agreement and was expanded to 12 GW in 2024 (see Qcells Bags 12 GW Order For US-Made Solar PV Modules). EIG backs 38 Degrees North with new debt. 38 Degrees North (38DN), a US renewable energy platform focused on community solar and distributed generation, has secured a new debt facility from energy and infrastructure investor EIG. The financing will support 38DN's development pipeline and near-term acquisitions, and can expand as new opportunities arise. The company said the new debt brings its total growth capital raised to more than $300 million. Founded in 2015, 38DN has more than 100 projects and 500 MW under construction or in operation. It also has an advanced pipeline of more than 250 MW expected to enter construction over the next 24 months. Aspen Power gets tax commitment for 30 projects. Aspen Power, a US distributed energy platform, has secured a tax capital commitment covering investment tax credits (ITCs) from its 2026-2027 community solar portfolio. The portfolio includes up to 30 projects across multiple states. The transaction was structured through a partnership between US clean energy tax credit marketplace Basis Climate and clean energy infrastructure investment firm Excelsior Energy Capital. The partnership was formed to deploy up to $150 million in minority equity into distributed solar and battery storage projects. Aspen will own and operate the projects over the long term. The ITCs are committed for transfer under Section 6418 of the Inflation Reduction Act (IRA), allowing Aspen to monetize the credits generated by the projects. Lightstar selected for New Jersey solar Pilot. US solar company Lightstar Renewables says it has been selected for eight conditional awards under New Jersey's inaugural Dual-Use Solar Energy Pilot Program. The awards cover about 27.3 MW of planned solar capacity across Monmouth, Salem, Warren, and Cumberland counties. Lightstar was one of only three developers selected in the first solicitation under which the New Jersey Board of Public Utilities conditionally approved 16 projects totaling 52.06 MW statewide. Lightstar said the selected projects include farming activities involving crops such as soybeans, hay, grains, vegetables, and fruits, as well as livestock grazing. The awards remain conditional, with projects required to meet the program's requirements before moving forward.