Power Sustainable Energy Infrastructure (PSEI) has sold a 49.9 per cent stake in the Big Sky Wind project to funds managed by Hamilton Lane and GCM Grosvenor. The project, with a capacity of 240 MW, is currently operational in Illinois. PSEI will retain a majority stake in the project and will continue managing its operations.
In December 2025, LS Power completed the acquisition of bp’s onshore wind operations in the US, that is bp Wind Energy North America Inc., adding around 1,300 MW of operating wind capacity across 10 projects to its portfolio. The transaction has met all the required regulatory and closing conditions. Greenberg Traurig, LLP acted as the legal advisor, while Barclays and Santander served as financial advisors to LS Power for the acquisition.
In November 2025, Cordelio Power’s 135 MW Crossover wind project in Cross County, Arkansas commenced commercial operations. The project will deliver all its electricity to Microsoft under a 20-year contract. The project was built by M.A. Mortenson as its engineering, procurement and construction contractor. Wind turbines for the project were supplied by Vestas, who oversee the turbines’ long-term operations and maintenance.
