A Northland Power-led consortium has reached financial close on the €2.8 billion ($3.7 billion) 600MW Project Gemini offshore wind farm in the Netherlands.
Latest Renewables News
Five Welsh councils procuring the North Wales Residual Waste Treatment PPP have confirmed the award of the concession to US company Wheelabrator Technology’s subsidiary WTI UK, after seeking legal counsel
The International Finance Corporation (IFC) is considering providing debt to solar projects with 570MW of capacity in Egypt under the first round of the country’s 2,000MW feed-in tariff programme
Mayer Brown has hired Olivier Mélédo as a partner in the energy group in Paris, from Orrick, Herrington & Sutcliffe
An Allianz subsidiary has closed an availability-based hedge for a merchant wind farm project in Kansas to be built by Capital Power
Mayer Brown has hired David Burton to be a tax partner and head of the renewable energy team for the New York City office
NRG Energy has abandoned plans to sell its residential solar arm, and has instead entered into a partnership to sell solar systems to Sunrun and Spruce Finance
Canada-based SkyPower has awarded the engineering, procurement and construction contract for its 350MW Indian solar power pipeline to Sterling and Wilson.
Singapore-based InfraCo Asia has signed a joint investment and development agreement with Alternergy Hydro Partners of the Philippines.
Sunnova has closed a $175 million warehouse loan facility from Goldman Sachs, the rooftop solar developer announced on 2 May
SolarCity has closed $227 million of equity financing from John Hancock Financial for a 201MW portfolio of contracted solar projects, in John Hancock’s first equity deal with the rooftop solar developer, SolarCity announced on 3 May
SUSI Renewable Energy Fund II has deployed €100 million ($114.9 million) and expects to reach final closing by the end of Q2 2016
Tata Power is set to acquire Westpun Renewables, one of India’s largest green energy asset portfolios, for $1.45 billion. Wespun has a portfolio of 1,152MW of solar and wind farms and the sale would be India’s largest renewables M&A deal to date.
SunEdison has decided to sell a solar project in Colorado to First Reserve, abandoning plans to sell the project to other partners
Mainstream Renewable Power has said it is in the process of raising at least €100 million ($115 million) capital to support expansion across emerging markets
A consortium of Fotowatio Renewable Ventures (FRV), Masdar and Abdul Latif Jameel (ALJ) has entered the lowest bid for the 800MW Rashid al Maktoum solar project in Dubai
The sponsors of the €1.3 billion ($1.5 billion) Norther offshore wind project off the coast of Belgium plan to launch debt financing for the 370MW development before the end of May
SunEdison has appointed John Dubel, the former chief executive of monoline insurer FGIC Corporation, as chief restructuring officer, the bankrupt renewable energy developer announced on 2 May
iCON Infrastructure, the UK fund manager, has completed the acquisition of Canadian power and water holding company Capstone Infrastructure for C$480 million ($381.9 million), Capstone announced on 29 April
Japanese engineering business Mitsubishi Heavy Industries (MHI) has decided to retain its stake in an offshore wind developing team with Denmark’s Vestas, instead of exercising its right to boost its ownership of the joint venture
Melbourne-based Lighthouse Infrastructure Management has announced the launch of its $100 million Lighthouse Solar Fund
Noy Fund and TSK Group has signed to acquire embattled Spanish developer Abengoa’s 50% stake in the 110MW Negev concentrated solar photovoltaic (CSP) project in Israel
Thailand’s Energy Regulatory Commission has approved 281MW of new photovoltaic solar capacity that could generate investments of up to Bt18 billion ($515 million) this year alone.
London-listed John Laing Environmental Assets Group (JLEN) is set to raise up to £65 million ($95 million) by issuing new shares
New York Stock Exchange-listed Chinese solar panel maker Yingli Green Energy (YGE) has "substantial doubt as to its ability to continue as a going concern,” the company said in a statement.