Invenergy

New Capabilities

Won the most parcels at the October 2026 sale

The Bureau of Land Management accepted $4.83 million in winning bids for geothermal leases on 60 parcels of Nevada federal land at its October 20 auction. Thirty-two bidders registered, up from 22 a year earlier, and 18 of them placed bids on 186,641 acres across ten counties.

Updated Oct 29

Rule Changes

Agreed in June 2026 to sell back four U.S. offshore wind leases to Interior; California is challenging removal of its project

Federal judges cleared all five East Coast offshore wind projects to resume construction by February 2, 2026, finding the Trump administration had not justified its national security suspensions. The five projects total about 5.8 gigawatts. Vineyard Wind and Revolution Wind are now fully built and sending power; Coastal Virginia Offshore Wind is more than 80% complete.

Updated Oct 23

Built World

Parent company of Philip Wind Partners

Construction is underway in Haakon County on the $750 million Philip Wind Energy Center, set to be South Dakota's largest wind farm. Blattner Energy is building it for Invenergy's Philip Wind Partners, with commercial operation targeted for March 2028.

Updated Oct 17

Money Moves

As of October 2026: Retains 50% of IATP and operational role

ArcLight Capital Partners closed its purchase of a 50% stake in IATP, a 5.4-gigawatt portfolio of 11 natural gas power plants across North America. Invenergy, which built and operates the plants, keeps the other half and its operating role. The seller was InfraBridge, the infrastructure arm of DigitalBridge Group.

Updated Oct 3