Latest Renewables News

Top Story

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.

Infrastructure to be exempt from OECD corporate tax reforms

The OECD’s plans announced for new corporate tax rules allow countries to offer an exemption for “public benefit projects”, an important reassurance for infrastructure financing

Shortlist for IFM’s Pacific Hydro sale

At least five bidders are said to have progressed to the second bidding stage for IFM’s sale of renewable developer Pacific Hydro

Grupo Onyx approaches IFC for Guatemalan PV debt

Central American conglomerate Grupo Onyx has approached the International Finance Corporation (IFC) to fund the development of the 93MWp Horus Solar II photovoltaic (PV) plant in Guatemala

Nordex to acquire Acciona Windpower

Nordex has announced it is to purchase Acciona Windpower, from Acciona, for €785 million ($880 million)

Delayed financial close for Swansea Bay tidal lagoon

Financial close on the £1 billion ($1.52 billion), 320MW Swansea Bay Tidal Lagoon project in Wales has been delayed until 2016, its sponsors said today (2 October 2015)

Chile's Aurora wind obtains environmental permit

The Chilean Environmental Evaluation Service has issued an environmental permit for Mainstream Renewable Power’s 182MW Aurora wind project in Chile

Investors emerge on Invenergy’s Buckeye wind

Subsidiaries of General Electric, JP Morgan and Hannon Armstrong have agreed to buy passive interests in Invenergy’s 200.48MW Buckeye wind project in Kansas

Indonesia’s Jeneponto 1 wind nears PPA signing

Asia Green Capital Partners and the IFC are due to sign a power purchase agreement with PLN for the Jeneponto 1 wind farm in Indonesia this month

BlackRock closes Texas wind acquisition from EDF

BlackRock Infrastructure Investment Group has closed its 50% acquisition of the 200MW Longhorn wind facility in Texas from EDF Renewable Energy

Hannon Armstrong closes ground lease securitisation

Hannon Armstrong Sustainable Infrastructure has closed a $100.5 million private placement of a securitisation backing ground leases of utility-scale solar and wind assets in the US

EXCLUSIVE DIF raises hard cap at fourth fund final close

DIF Infrastructure IV has reached its final close with a total of €1.15 billion ($1.3 billion), exceeding the initial hard cap of €1.1 billion

EXCLUSIVE Bidders vie for Noor IV solar qualification

The Moroccan Agency for Solar Development (Masen) has ended the qualification stage for the 50-70MW fourth phase of the Ouarzazate Noor concentrated solar photovoltaic (CSP) independent power producer project

DIF Royalla to acquire Royalla solar

Dutch Infrastructure Fund is expected to acquire a stake in the Royalla PV solar in Australia project, IJGlobal understands

Enel Green Power exits Portugal with First State sale

Italian developer Enel Green Power is to quit the Portuguese renewable market by selling subsidiary Finerge to asset manager First State Investments for €900 million ($1.01 billion)

Innergex closes financing for Québec wind project

Innergex Renewable Energy and Mi’gmawei Mawiomi have closed C$363 million ($272.1 million) in non-recourse debt backing the Mesgi’g Ugju’s’n wind project in Québec

Latest REIPPP round in South Africa delayed

South Africa’s Department of Energy has delayed the bid submission date for the latest round of its renewable energy independent power producer procurement (REIPPP) programme, just days before submissions were due