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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.

EBRD considers loan for Polish grid upgrade

The European Bank for Reconstruction and Development (EBRD) is mulling a Z500 million ($127.5 million) loan to Polish state-backed power utility Polska Grupa Energetyczna (PGE) to part-fund its Z1.5 billion grid upgrade programme

Blackstone hires investment banks for Ventika sale

Blackstone, through Fisterra Energy, has hired Goldman Sachs and Credit Suisse to advise on the sale of the $650 million Ventika wind complex in Mexico's Nuevo Leon state, sources confirmed

Bolivia plots 50MW solar PV project

Bolivia's Ministry of Hydrocarbons and Energy announced this week that it had secured financing for the planned 50MW solar photovoltaic (PV) project in the department of Oruro

SolarCity appoints new CFO

SolarCity, the residential solar developer has named Tanguy Serra, its existing president, as chief financial officer, replacing Brad Buss whose retirement was announced last year

Call for proposals for Cornish geothermal

The UK government is inviting developers to submit proposals for funding for geothermal plants in Cornwall, in the south west of England

PKA and Lego buy in to Burbo Bank Extension offshore wind

Danish energy giant Dong Energy has sold a 50% stake in its upcoming £800 million ($1.1 billion), 258MW Burbo Bank Extension to Danish pension fund PKA and Lego owner Kirkbi for DKr6.6 billion ($1 billion)

Close on Kenya's Kipeto Wind delayed

A consortium led by AIIM-managed African Infrastructure Investment Fund 2 (AIIF2) is now hoping to reach financial close on the Kipeto wind project in Kenya in the second quarter of 2016

El Salvador launches 150MW renewables tender

Salvadorean distribution company Delsur has today (10 February 2016) launched a tender to contract 150MW of renewable energy capacity

UK government orders tidal lagoon review

The UK government has ordered a review into the feasibility of tidal lagoon projects, as the sponsor of the £1 billion ($1.4 billion), 320MW Swansea Bay tidal lagoon in Wales warned that it needs a decision on state subsidy support

Dubai solar winner due summer 2016

The Dubai Electricity and Water Authority (DEWA) will select a sponsor as preferred bidder of the 800MW Rashid Al Maktoum solar project in June 2016

Abengoa sells Shams solar thermal to Masdar

Spanish renewables developer Abengoa has sold its 20% stake in the 100MW Shams 1 solar thermal project to Abu Dhabi’s Masdar

Allianz and BAML take EDF wind tax equity

Allianz Capital Partners and Bank of America Merrill Lynch have closed on a tax equity stake in two EDF Renewables wind farms, in one of the first tax equity deals from a European institutional investor

SunEdison answers Hawaiian Electric termination threat

Hawaiian Electric and SunEdison are in dispute over the development of a solar power project in Hawaii after the latter missed a financing milestone, which could lead to the power purchase agreement being terminated

Aurium announces fundraise for UK biomass deals

British specialist finance house Aurium Capital Markets has said it is planning to raise £500 million ($721 million) to invest in UK biomass and energy-from-waste plants

Acciona closes San Roman wind financing

Acciona has reached financial close on the construction financing for its 93MW San Roman wind farm in Cameron County, Texas, the developer announced on 4 February

PSEG Long Island seeks bids for 375MW

PSEG Long Island, the operator of the Long Island Power Authority transmission and distribution system, is seeking bids for 375MW of additional generation capacity in the Western Nassau area of Long Island, New York state

KfW lends to Peru's Sedapal, Cofide for infrastructure

German development bank KfW has agreed to provide loans totaling $68.3 million to Peru's Ministry of Economics and Finance (MEF) to support the development of infrastructure and energy projects in Peru

BNDES approves wind financings

BNDES said that it has approved three new financings worth R1.4 billion ($360 million) for wind farms at the end of 2015