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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.

Etrion signs Salvador PV PPA

The three sponsors of the 70MW Salvador solar photovoltaic project in Chile have signed a power purchase agreement covering 35% of its capacity

EXCLUSIVE Advisory bids in for third phase of Dubai solar

Nine companies have submitted bids to Dubai Electricity and Water Authority (DEWA) for the financial advisory tender for the third stage of the Rashid Al Maktoum solar photovoltaic power project

RET Capital considers yieldco IPO

Renewable Energy Trust (RET) Capital is considering an initial public offering (IPO) of a yieldco as part of its growth strategy, John Bohn, Chairman and CEO of the company told IJGlobal

Capital Stage issues notes for UK solar portfolio

Solar and wind park operator Capital Stage has signed a £40 million ($60.9 million) financing arrangement for the debt capital portion of its recently acquired £67.7 million, 53.4MW solar park portfolio in the UK

EU investment for Fortum-led wave power

The European Commission has granted €17 million ($19 million) in funding for the €24.5 million, Fortum-led Clean Energy From Ocean Waves (CEFOW) project

Pattern closes financing for Amazon Wind

Pattern Development has closed financing for the 150MW Amazon Wind project (Fowler Ridge) in Benton county, Indiana

EXCLUSIVE NextEra mandates on Silver State South solar

NextEra Energy Resources has mandated lenders for a $1 billion debt package backing the 250MW Silver State South solar project in Nevada, IJGlobal has learnt

Geodynamics eyes PPP for Takara geothermal

Australian listed company Geodynamics and the Government of Vanuatu are discussing the possibility of structuring the Takara geothermal project as a PPP, according to a Geodynamics letter to shareholders

Jinko Solar plans YieldCo IPO

China’s Jinko Solar is planning on spinning out its Jinko Power unit as a publicly traded yieldco later this year

Riverstone prices Enviva biomass IPO

Riverstone has priced the $200 million initial public offering (IPO) of Enviva Partners, a US biomass fuel producer

Engie bids low on Gulf of Suez wind with low-cost debt

International developer Engie (formerly GDF Suez) managed to out-bid its competitors for the tender of the 250MW Gulf of Suez wind farm in Egypt due to the lower-cost debt capital it was able to assemble for its bid, IJGlobal understands

Three Gorges lines up Karot hydropower financing

China Three Gorges is understood to have lined up 80% of the required financing for the $1.4 billion 720MW Karot hydroelectric project in Pakistan

Access Power signs MoU on Aswan PV

Access Power EMEA has signed a memorandum of understanding for the 65MW Aswan solar photovoltaic project with Egypt’s Ministry of electricity and Renewable Energy