Actis has launched Yeltica Energy, a greenfield renewable energy platform in Mexico. The platform targets more than 2 GW of solar, wind and battery energy storage system (BESS) capacity. The platform is anchored by three solar-plus-storage projects awarded under Mexico’s first Mixed Investment Tender by the Comisión Federal de Electricidad (CFE). These projects together comprise approximately 330 MWp of solar photovoltaic and 255 MWh of BESS.
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Central Queensland Power (CQP) has received approval for the Moah Creek wind project from the Australian Government under the Environment Protection and Biodiversity Conservation (EPBC) Act 1999. The project, located about 30 km west of Rockhampton, will comprise up to 60 wind turbines with a capacity of 360 MW. The project will also provide more than $33 million in community benefits over its operating life.
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Skyborn Renewables has achieved financial close for the Gennaker offshore wind farm located in Germany’s Baltic Sea. The project has an installed capacity of up to 976.5 MW. The project has secured a €2.1 billion non-recourse financing package from a consortium of 16 commercial lenders and the European Investment Bank, with the total investment exceeding €3 billion. The project is targeted for commercial operations by the end of 2028.
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Alcazar Energy Partners (AEP) has achieved financial close for the 131.25 MW Štip wind farm in North Macedonia, securing approximately €115 million in senior debt financing from the European Bank for Reconstruction and Development, International Finance Corporation, and Erste Group Bank AG, as well as a separate local VAT facility by Sparkasse Bank AD Skopje.
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Invenergy and HA Sustainable Infrastructure Capital, Inc. (HASI) have closed a strategic equity partnership to support a 2.7 GW renewable portfolio of solar, solar-plus-storage and wind projects across the US. The portfolio comprises 10 projects spread across seven states: Arizona, New Mexico, Texas, Arkansas, Indiana, Ohio and New York, and six major US power markets.
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Synera Renewable Energy Group (SRE) has signed a corporate power purchase agreement (CPPA) for its Formosa 6 offshore wind project with Star Trade in Taiwan. The project was awarded 800 MW in Taiwan’s second auction round under the Phase 3 Zonal Development programme in 2024. This project marks SRE’s fourth offshore wind project in Taiwan. Furthermore, the project is expected to generate sufficient clean electricity to supply approximately 860,000 households annually.
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Sturdee Energy has acquired the Masaiti wind project in the Copperbelt region of Zambia. The project has an installed capacity of 200 MW. The project is in its late development stage and will connect to the national grid through a nearby 330 kV ZESCO transmission line. Sturdee Energy is acquiring the project development from Upepo Holdings LLC through its local subsidiary, Upepo Energy Zambia.
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Infinity Power and Hassan Allam Utilities Energy have signed a power purchase agreement (PPA) with the Egyptian Electricity Transmission Co. (EETC) for the Ras Shokeir wind project. The project, located in Egypt, will add 1 GW of wind generation capacity to the grid. Furthermore, once operational, the project is expected to supply clean electricity to more than 1.2 million households while offsetting over 1.36 million tonnes of carbon emissions annually.
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Copenhagen Infrastructure Partners (CIP), through its Copenhagen Infrastructure V fund, has acquired the Gawara Baya hybrid project located in North Queensland, Australia. The project was acquired from Windlab. The project combines a 408 MW onshore wind farm comprising 68 wind turbines with a 104 MW grid-forming battery energy storage system (BESS). Commercial operations for the project are expected in 2030.
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Amazon has signed four power purchase agreements (PPAs) for wind projects in Sweden. The agreements are expected to add approximately 200 MW of new carbon-free energy capacity. The projects include the Fageråsen, Boarp, Dållebo and Fågelås wind projects, which are being developed by OX2 and Eolus. Furthermore, the Fageråsen project will have a capacity of 132 MW, while the Boarp, Dållebo and Fågelås projects have capacities of 17.5 MW, 18 MW and 31.5 MW, respectively.
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The Maine Public Utilities Commission (PUC) has selected Clearway Energy Group to develop a wind project in Aroostook county. The wind project will have an installed capacity of 800 MW. Additionally, the commission has selected Avangrid to develop a high-voltage transmission line connecting the project to the New England grid. Furthermore, Maine PUC plans to procure 600 MW of electricity from the project, while the remaining power will be supplied to the other New England states.
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TotalEnergies Gas & Power Limited has signed a long-term power purchase agreement (PPA) with Offshore Partners Walney (OPW) for electricity generated by the Walney I and II offshore wind farms located in UK. The projects, located in the Irish Sea and operated by Ørsted, have a cumulative installed capacity of 367 MW. Furthermore, OPW owns a 24.8 per cent stake in the project. Under the agreement, TotalEnergies will purchase renewable energy guarantees of origin (REGO)-backed electricity from OPW’s share of the project’s generation.
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MEAG, on behalf of Munich Re, has completed the sale of its minority stake in two onshore wind farms to Ardian. Both the wind farms are located in Texas, US. The wind farms include the Horse Creek wind project and the Electra wind project. The wind projects have a combined installed capacity of 460 MW. The wind farms have been operational since 2016.
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WestWind Energy has received planning approval for the Normanville Energy Park. The park will consist of a 122 MW wind power facility and will feature up to 17 wind turbines. The project is located in Victoria’s North West Renewable Energy Zone, Australia. The project will generate enough electricity to power around 90,000 Victorian homes. Furthermore, project construction is expected to attract approximately $350 million in investment.
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Sumitomo Corporation has acquired a 33.3 per cent equity interest in the Gwynt Glas offshore wind project located in the Celtic Sea, UK. The company has partnered with EDF power solutions UK and Ireland and ESB for the project. The project involves the development, construction and operation of a floating offshore wind farm with a planned capacity of up to 1.5 GW.
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Utilitas Wind has commenced construction of the 117 MW Lode hybrid renewable energy park located in Valmiera municipality, Latvia. The project comprises 18 Vestas wind turbines of 6.5 MW each, delivering a total installed wind capacity of 117 MW. The project will also include a 60 MW/240 MWh battery energy storage system (BESS). The wind farm is expected to generate around 330 GWh of electricity annually.
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PPC Group has signed an agreement to acquire a wind and solar portfolio from EDP Renewables Polska in Poland. The acquisition includes 130.5 MW of operating wind farms, 44.9 MW of operating solar parks and 101.9 MW of cable-pooling solar projects under development, totalling 277.3 MW of acquired capacity. The projects feature an estimated 35-year operating life.
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TotalEnergies has announced the signing of two renewable energy transactions in Europe. Under the first transaction, the company will acquire Shell’s entire onshore renewables business in Europe, including 500 MW of operating and under-construction solar and wind assets and a 3.5 GW development pipeline across Italy, the UK and Spain.
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The Emerging Africa & Asia Infrastructure Fund (EAAIF) has signed a senior secured debt facility of up to $50 million with Ukko Renewable in Southeast Asia. The financing will support the development of an initial renewable energy pipeline exceeding 2 GW, forming part of a broader 3 GW-plus portfolio of wind, solar and hydropower projects across Vietnam, the Philippines and other Southeast Asian markets.
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Nadara has closed approximately €1.2 billion of refinancing for the pan-European platform. The financing covers the operational wind and solar photovoltaic portfolio with a combined installed capacity of 1.5 GW. The refinanced portfolio comprises 34 onshore wind farms and 13 solar PV plants and spans across Italy, the UK, France, Spain, Sweden, Norway and Finland.
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