Category: News Europe

Eiffage bags contracts for Spanish onshore wind projects 

Eiffage, through its subsidiary Eiffage Energía Sistemas, has been awarded two infrastructure contracts in Spain by Capital Energy for onshore wind projects in the Castile and León region. The combined value of the contracts is over €80 million. The projects involve developing electrical infrastructure for wind farms with a total installed capacity of 270 MW. The projects are scheduled to be completed in 2027.

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BELECTRIC bags contracts for 210 MWp solar projects in UK

BELECTRIC, a member of Elevion Group, has secured agreements in UK to develop four solar projects for Severn Trent Green Power.. BELECTRIC will execute the engineering, procurement, and construction (EPC) of these utility-scale solar farms.  The contracts cover a combined installed capacity of nearly 210 MWp Elevion Group, through BELECTRIC, will act as the delivery partner for the projects.

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Alight acquires solar with storage projects in Finland 

Alight has acquired two large-scale solar projects in eastern Finland from Finnish developer 3Flash, adding more than 200 MW of planned solar capacity along with an associated battery energy storage system (BESS). The two projects have planned capacities of approximately 75 MW and 150 MW. Alight and 3Flash will jointly advance the projects until they achieve ready-to-build status.

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ib vogt divests 272 MWp Irish solar portfolio

ib vogt has completed the sale of a 272 MWp solar portfolio in Ireland for a total enterprise value of approximately €230 million. The portfolio comprises three utility-scale projects: Gaskinstown with a capacity of 94.7 MWp in County Meath, Rathnaskilloge with a capacity of 107.7 MWp in County Waterford, and Clonin North with a capacity of 69.4 MWp in County Offaly. The assets were developed by Highfield Solar, an ib vogt’s joint venture. 

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Zelestra bags €130 million equity-bond facility

Zelestra has finalised a syndicated equity-bond facility worth approximately €130 million with Santander, with support from Instituto de Credito Oficial and Compañía Española de Seguros de Crédito a la Exportación. The financing arrangement is structured to align with the company’s Green Financing Framework, and is expected to support around 500 MW of contracted projects located in Italy, Germany, and US.

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Revera Energy secures financing to develop projects across Australia and UK

Revera Energy, an independent energy infrastructure platform backed by Carlyle, has completed the expansion of its credit facility to $150 million. The expanded facility is intended to support the development and construction of  battery energy storage system (BESS), solar, and green hydrogen projects in pipeline across Australia’s National Energy Market (NEM) and UK.

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Neoen begins construction of three solar projects in France

Neoen has initiated construction of three new solar farms in France with a combined capacity of 230 MWp, all scheduled to become operational by 2028. The projects include the Le Couret agrisolar project with a capacity of 147 MWp in the Haute-Vienne department, along with the Isle-sur-Marne solar farm of 48 MWp and the Matignicourt floating solar farm of 35 MWp both located in the La Marne department. 

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RWE and Amazon ink 110 MW PPA for Nordseecluster B project

RWE and Amazon have entered into a power purchase agreement (PPA) for 110 MW of offshore wind capacity from the Nordseecluster B project in Germany. The PPA builds on a strategic framework agreement signed in June 2025, under which RWE supports Amazon’s carbon-free energy objectives, while Amazon Web Services provides cloud services, artificial intelligence, and data analytics for RWE’s digital transformation. 

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Iberdrola secures funding for three BESS projects in Poland 

Iberdrola Renewables Polska, a subsidiary of Iberdrola Group, has secured funding of about €44 million for the development of three battery energy storage system (BESS) projects in Poland. The funding has been provided by the Polish National Fund for Environmental Protection and Water Management. The projects will together deliver a total installed capacity of 160 MW

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EC allocates €650 million for cross-border energy projects

The European Commission has approved nearly €650 million in grants under the Connecting Europe Facility (CEF) to support 14 cross-border energy infrastructure projects. The allocation aligns with the European Grids Package. Additionally, this funding round includes support for protecting critical energy infrastructure and advancing hydrogen-related projects.

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Enlight acquires stake in solar-plus-storage project in Germany

Enlight Renewable Energy Limited has entered into an agreement to acquire a majority stake in Project Jupiter, a large-scale co-located solar and energy storage project in Germany, in partnership with Prime Capital AG, acting through its Prime Green Energy Infrastructure Fund II (PGEIF II). The project is located in Brandenburg and is planned to include up to 150 MWp of solar capacity and 2,000 MWh of energy storage.

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Thor offshore wind farm receives electricity production licence 

The Danish Energy Agency has granted a 30-year electricity production licence to the Thor offshore wind farm. The project has an installed capacity of 1.1 GW, with construction activities for the project progressing as scheduled. Once fully operational in 2027, the wind farm is projected to generate enough renewable electricity to meet the annual demand equivalent of approximately one million Danish households.

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METLEN and Tsakos Group join forces for Greek hybrid project

METLEN and the Tsakos Group have entered into a strategic partnership to jointly develop, construct, operate, and commercially manage a large hybrid power generation project in Greece. The project will be implemented through a special purpose vehicle structured as a joint venture (JV), with the Tsakos Group holding a 60 per cent stake and METLEN holding 40 per cent.

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Repsol to install 100 MW electrolyser in Spain 

Repsol plans to install a 100 MW electrolyser at the Petronor industrial complex in Muskiz in northern Spain. The project involves an investment of about €292 million and is scheduled for commissioning in 2029. It has been recognised by the European Commission as an Important Project of Common European Interest and will receive €160 million financial support from the Government of Spain through NextGenerationEU mechanism.

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Horizon Capital finances 124 MW wind project in Ukraine

Horizon Capital has completed the initial closing of its reconstruction-focused Horizon Capital Catalyst Fund and announced the financing of supporting Notus Energy’s 124 MW wind power project in Ukraine’s Odesa region. The Catalyst Fund has reportedly reached more than half of its target size at initial closing, securing about €152 million against a target of around €300 million.

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ENGIE inks biomethane purchase agreement with PepsiCo UK 

ENGIE has signed a 10-year biomethane purchase agreement with PepsiCo UK. Under the agreement, ENGIE will construct a new anaerobic digestion facility in northern England with an annual biomethane production capacity of 60 GWh. All output from the plant will be contracted to PepsiCo through a mass balance mechanism, with deliveries scheduled to begin in 2027 once the facility becomes operational.

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OX2 completes construction of 455.4 MW wind farm in Finland

OX2 has completed and transferred the ownership of the 455.4 MW Lestijärvi wind farm in Finland to a consortium comprising Kymppivoima, Oulun Energia, and Kuopion Energia. Construction of the project was carried out by OX2, which consists of 69 wind turbines and represents an investment of €650 million. OX2 will continue to manage the wind farm’s technical and financial operations.  

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JERA Nex bp acquires stake in Mona offshore wind project in UK

JERA Nex bp has agreed to acquire EnBW’s stake in the Mona offshore wind farm and has entered into a lease agreement with The Crown Estate for the project. This development allows the the project to progress toward the next stages of development. Once operational, the project will have a capacity of 1,500 MW, supplying renewable electricity capacity to the UK grid. The wind farm is moving closer to a final investment decision. 

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Iberdrola secures loan for 274 MW wind projects in Portugal

The European Investment Bank has extended a green loan of about €175 million to Iberdrola to support construction and operation of two new onshore wind farms in northern Portugal. The project covers a combined installed capacity of 274 MW and is designed to be integrated with Iberdrola’s existing Támega pumped storage hydropower complex. The financing is backed by a guarantee from Cesce.

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European Energy and Mitsui secure financing for e-methanol project in Denmark

European Energy A/S and Mitsui & Co., Ltd. have arranged a green-financing bridge facility for their joint venture developing the Kassø solar park and e-methanol facility in Denmark. The facility has been secured from Nordea and SMBC, with partial risk coverage provided by EIFO. The bridge financing is intended to support near-term liquidity requirements while the project continues to progress towards securing long-term financing. 

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