Conditional loan guarantee for We Energies: The US Department of Energy (DOE) has offered a conditional commitment of up to $2.5 billion as an Energy Infrastructure Reinvestment (EIR) loan guarantee to We Energies, part of the Wisconsin Electric Power Company (WEPCO). This will help finance over 1.65 GW of wind, solar, energy storage, and hydropower capacity in the US as WEC Energy Group targets to exit coal by 2032, according to the Sierra Club. Solar Landscape raises funding: US-based commercial and industrial (C&I) rooftop solar developer Solar Landscape has raised $847 million in project investment and financing in 2024. It will enable the company to deploy over 200 commercial rooftop solar installations across the country. It partnered with 10 investors and financing counterparties to raise these proceeds from debt, equity, and tax equity with KeyState Renewables committing $184 million for 2 commercial solar projects. Silicon Valley Bank led a $283 million green loan, among other lenders. Solar Landscape also signed contracts for 40 million sq. ft. of additional C&I rooftop space in 2024 to develop solar projects. Pattern Energy gets equity investors: Renewable energy and transmission infrastructure company in the US, Pattern Energy, has announced that its investor Riverstone Holdings has agreed to sell its stake in the company to new investors. The new equity consortium investors include APG Asset Management N.V. (APG), on behalf of the largest Dutch pension fund ABP, and Australian Retirement Trust (ART). This consortium will become Pattern Energy’s new owners alongside existing stakeholder Canada Pension Plan Investment Board (CPP Investments) and Pattern management. The transaction will close in H1 2025. Pattern Energy said it will leverage this new investment to advance its more than 25 GW development pipeline of renewable energy and transmission projects, including solar, wind and storage. The company’s current operational and under-construction portfolio comprises close to 10 GW capacity across North America.