Legal

The Canadian utility is one step closer towards completing the $11.3bn acquisition of the US transmission business, having received approval from the Illinois Commerce Commission.

Australia's largest electricity grid is back on the block after a decision to reject offers from Chinese bidders.

Mark Caterini, formerly at O’Melveny & Myers and a renewable energy tax expert, has joined the San Francisco-based firm as partner.

A tentative agreement with a community organisation could clear the path for the project, which has received interest from the likes of Meridiam, Aberdeen and Axium.

The American Investment Council criticised the Republican presidential nominee’s plan to end favourable tax treatment of carried interest, saying it shows a ‘lack of understanding’.

The US tech giant has gained approval to start selling excess clean energy generated at projects powering its data centres.

The UK’s project finance sector should remain unscathed from consequences the country’s economy may suffer post-referendum, S&P finds.

The Los Angeles-based firm has expanded its infrastructure practice with the addition of Edward Fishman, previously a partner at K&L Gates.

Gabriel Salinas, previously with Mayer Brown, has joined the law firm as M&A and energy partner with a focus on Latin America.

The news comes as the bankrupt renewables firm continues to shed assets, with a 600MW wind project going to Pattern Energy last week.