- Duke Energy (NYSE:DUK +0.3%) agrees to acquire the 24.9 MW Shoreham Solar Commons project on Long Island, one of New York's largest solar projects, from Invenergy; financial terms are not disclosed.
- The Long Island Power Authority will purchase power produced at the plant under a 20-year agreement, valued at $177M by the New York State Comptroller’s office.
- The project, currently under construction by Invenergy - North America's largest independent wind power generation company - is expected to be complete in Q2 2018.