Energy/Power

Cubico Sustainable Investments, a portfolio company of Ontario Teachers’ Pension Plan and PSP Investments, has acquired Delta’s Edge and Crossett, two U.S.-based solar photovoltaic projects totaling 270 megawatts, from Renewable Energy System.

First Reserve has agreed to acquire Goldfield for $7 per share.

Boralex, a Kingsey Falls, Quebec-based renewable energy business, has agreed to acquire the controlling interests in seven U.S. solar plants with 209 megawatts, alternating current, of gross installed capacity.

Boralex has agreed to acquire a 49 percent stake in three Quebec wind farms with 296 megawatts of installed capacity, giving it full ownership.

Capital Dynamics has acquired three solar photovoltaic projects from LS Power.

AES Corp has partnered with Alberta Investment Management Corp to merge the sPower development platform with AES' clean energy development business.

ADS Services, a portfolio company of Black Bay Energy Capital, has acquired PowerChokes from Expro Americas LLC.

Refuel, a portfolio company of First Reserve, has acquired North Carolina-based Holmes Oil Inc, a convenience store and fuel distribution business.

Macquarie is in talks to buy Ital Gas Storage for more than 1 billion euros ($1.2 billion), reported Reuters.

Equis Development Pte Ltd, an Asia-Pacific renewable energy and waste infrastructure developer and operator, has secured $1.25 billion in financing.