Grenergy, a Spanish company renewable energy company specializing in the development, construction and operation of photovoltaic and wind projects, has closed financing with Natixis, a French financial services multinational, for fourteen new solar plants, to be set up in Chile for around $ 85 million.
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Cordelio Power and Axium Infrastructure have announced that the latter has purchased a 49% interest in Cordelio’s Ontario renewable portfolio. The 396 MW Denfield portfolio includes four wind projects and two solar projects located in southwestern Ontario.
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Canada Pension Plan Investment Board (CPP Investments) has committed up to €245 million to its UK-based platform – Renewable Power Capital Limited (RPC), in support of RPC’s first investment in renewables in Europe.
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HC2 Holdings, Inc. has announced the sale of its majority-owned clean energy subsidiary Beyond6, Inc. to Mercuria Investments US, Inc. for approximately $169 million. HC2, which owns approximately 61 per cent of Beyond6 on a fully diluted basis, expects to receive approximately $65 million in cash.
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Xebec Adsorption Inc. has closed its previously announced acquisition of Green Vision Holding BV, the parent company of HyGear Technology and Services BV, for aggregate consideration of 82 million euros and the assumption of 18.4 million euros in net debt.
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The African Development Bank has approved a $7 million grant from the Sustainable Energy Fund for Africa (SEFA), for technical assistance in setting up a mini-grid acceleration initiative. It aims to boost energy access in remote regions and enhance climate resilience in Africa.
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CDPQ, a global institutional investor, has announced that it will invest USD 1 billion in Invenergy Renewables LLC, a private developer, owner and operator of wind and solar projects in North America, to further support the company in its development activities and growth.
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Senvion GmbH has agreed to sell 100 per cent of its Indian operations (Senvion India) to Global Renewable Energy Development Holding Company Limited (GREDHCL). Subject to regulatory approvals, the sale is proposed to close in the first quarter of 2021.
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KKR & Co. Inc. has announced the signing of agreements with NextEra Energy Resources LLC, a subsidiary of NextEra Energy Inc. and NextEra Energy Partners LP to acquire equity interests in portfolios of contracted utility-scale wind and solar power assets. , KKR will invest a total of about $1.4 billion in two transactions for equity interests in 1,625 MW of renewable energy assets.
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EBRD announced funding an amount of $24.8 million to support the development of a wind project in Kazakhstan with a capacity of 100 MW. The project work will be undertaken by Zhanatas Wind Power Station, a special project company run and owned by China Power International Holding in partnership with Dutch alternative asset manager Visor Investments Cooperatif.
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Oslo-based leading independent renewable power producer, Scatec Solar, has signed a binding agreement with the Norwegian Investment Fund for Developing Countries (Norfund) to acquire 100 per cent of the shares in SN Power.
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US-headquartered Array Technologies has announced an upsized initial public offering of 47,500,000 shares of its common stock. The shares are being offered at a price of $22.00 per share to the public, thereby raising $1.05 billion in total.
Read MoreAs the global fight against climate change intensifies, corporates worldwide are increasingly focusing on meeting their sustainability targets through procuring renewable energy.
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As the necessity of energy system transformation gathers pace at a global level, North African countries are increasingly making efforts towards their respective clean energy transitions. Clean energy transitions offer opportunities for North African countries to transform their energy infrastructure in ways that can meet the region’s growing energy demand, create much-needed jobs and promote equitable socio-economic development, diversify their economies, and build climate change resilience, all while achieving low-carbon, sustainable, inclusive economic growth.
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EDF has launched an inaugural landmark offering of green senior unsecured bonds convertible into new shares or exchangeable for existing shares of the company for a maximum nominal amount of €2.4 billion due in 2024. This new offering is the first convertible bond issued by EDF.
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Mainstream Renewable Power, a global wind and solar developer, has reached financial close for the second phase of its Andes Renovables renewable power platform in Chile. This second phase, called Huemul, will have a total capacity of 630 MW. It comprises of three onshore wind and two solar PV assets.
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NTR, a sustainable infrastructure investor and asset manager that acquires, constructs and manages renewable energy projects, has successfully completed a €370 million portfolio refinance of its 220 MW onshore wind portfolio. The said refinancing has been carried out for its NTR Wind 1 LP fund…
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The German government is publishing its first framework for Green German Federal Securities to strengthen the country’s position in the area of sustainable finance and make its “green” budget spending more transparent.
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Duke Energy Renewables, a subsidiary of Duke Energy, has closed a preferred tax equity funding of $109.4 million from Goldman Sachs’ Alternative Energy Investing Group. This investment will be used to implement around 75 MW of solar and solar with energy storage projects over an 18-months period.
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GE Renewable Energy has announced that it will supply 13 wind turbines to the 68.9 MW E energija Telšiai onshore wind farm in Lithuania. As part of the partnership, GE will also provide a 25-year full services agreement for the wind project.
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