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Northland closes on Gemini offshore wind

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.

Scottish Equity Partners makes senior hires

Scottish Equity Partners (SEP) has hired Romain Keyen as an associate and Adam Delaney as its director of finance, it announced today (27 July 2015)

EXCLUSIVE EnergieKontor to develop UK and Irish wind with Triodos

German wind developer EnergieKontor and Dutch bank Triodos are set to co-develop a raft of new onshore wind projects in the UK and Ireland and are eyeing the purchase of an existing pipeline of developments

Ronesans agrees takeover of Ballast Nedam

Turkey's Rönesans Construction has reached conditional agreement to make a €30 million ($33 million) public offer to acquire troubled Dutch builder Ballast Nedam

EXCLUSIVE Abengoa mulls bond financing for Uruguay wind

Abengoa is considering a project bond to finance a portion of the costs for the 70MW Campo Palomas wind project in Uruguay, IJGlobal has learnt

Foresight acquires UK solar, extends acquisition facility

London-listed Foresight Solar Fund (FSFL) has acquired three solar plants totalling 34MW via a joint venture (JV) with Big60Million, and has also extending its existing acquisition facility by £30 million ($36.4 million)

Pattern offers equity to repay debt, fund acquisition

Pattern Energy Group has proposed to launch a public equity offering and a concurrent private note offering to repay existing debt and finance the acquisition of Gulf Wind

NextEnergy postpones NEESU debut IPO

NextEnergy European Solar Utility (NEESU) has decided to postpone its up-to €500 million initial public offering (IPO) for Italian and Spanish solar investment due to difficult market conditions

NESF closes on Cock Hill and Llwyndu solar

Next Energy Solar Fund (NESF) has refinanced its Cock Hill and Llwyndu solar projects using a debt facility with Dutch bank NIBC in order to free up equity. The projects have a combined capacity of 29.4MW

SunPower signs PPA for Nevada solar

SunPower has signed a power purchase agreement (PPA) with NV Energy for the 100MW Boulder Solar project in Nevada

IFC plans two solar PVs in Zambia

The International Finance Corporation (IFC) has signed a memorandum of understanding with the state-owned Industrial Development Corporation of Zambia (IDC) to help develop two new 50MW solar photovoltaic projects to be located in the country

EU to recruit committee members for Juncker Plan

The European Investment Bank (EIB) and the European Commission are recruiting to form the investment committee for the European Fund for Strategic Investment (EFSI)

Five more commitments agreed under Juncker Plan

The European Investment Bank has today announced five approved commitments for the €21 billion ($23 billion) European Fund for Strategic Investment (EFSI), under Juncker’s Investment Plan for Europe

Akuo issues bonds for renewables

French independent power producer Akuo Energy has raised €34.4 million ($37.5 million) through the issuance of green bonds maturing in 2020

HP signs PPA with SunEdison

Hewlett-Packard (HP) has signed a power purchase agreement (PPA) to buy 112MW of power from SunEdison’s South Plains II wind project in Texas

UK plans end to small-scale solar subsidies

UK solar subsidies are on borrowed time, with the UK government today (22 July 2015) launching a consultation that proposes closing the Renewables Obligation (RO) scheme to small-scale solar plants under 5MW in capacity by 2016