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.

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

Cerberus completes Renovalia acquisition

US private investor Cerberus has closed its €1 billion ($1.1 billion) acquisition of Spanish renewables business Renovalia

Haynes and Boone hires Mexico energy lawyer

Haynes and Boone has hired Nicolas Borda as partner in the energy, power and natural resources practice group in the Mexico City office

Statoil hands out Hywind floating offshore contract

Norwegian utility Statoil has started awarding contracts for its NKr2 billion ($230 million), 30MW Hywind floating offshore wind project off the coast of Scotland

KKR announces reshuffle as Lipschulz leaves

Marc Lipschultz is to step down as head of energy and infrastructure at private equity firm KKR this month in order to join a new debt fund, the executive has reportedly confirmed

Beijing Enterprises buys waste company from EQT fund

Beijing Enterprises Holding has agreed to acquire a German energy-from-waste company EEW for €1.438 billion ($1.61 billion), in the largest Chinese direct investment in a German company to date

Refi package for new Italian solar platform

A joint venture between VEI Green, Foresight Group, Quercus and Adenium has signed a €180 million ($201.6 million) refinancing package for the creation of a 90MW utility-scale Italian solar platform

Genex receives approval for Queensland solar project

New South Wales based developer Genex power has received local government approval for its 150MW Kidston photovoltaic solar power project in Queensland

Kexim raises green bonds

Export-Import Bank of Korea has raised $400 million in five-year green bonds to support renewable related exports

Carlyle to acquire IFM's Essential Power

The Carlyle Group is to acquire the Essential Power generating business on the US east coast from IFM Investors, the buyer announced on 2 February

Orrick hires seven projects lawyers for Houston office

Orrick Herrington & Sutcliffe have appointed seven new energy project lawyers – including a new co-head of energy and infrastructure – among 13 new hires for their new Houston office, the law firm announced on 2 February

EXCLUSIVE KAPP extends Hayman, Kabd, Abdaliyah bid deadlines

Kuwait’s Authority for Partnership Projects (KAPP) has extended the bid deadlines for a number of its projects out to tender including Umm Al Hayman, Al Abdaliyah and Kabd

Equitix buys in to Wakefield waste PFI in UK

Shanks has sold 100% of its subordinated debt and 49.99% of equity in the Wakefield Council waste management PFI to Equitix

Australia’s ARENA board disbanded

All appointed members of the Australia Renewable Energy Agency board have had their terms expired and have not been replaced

Green light for Berkshire Hathaway Illinois wind farm

BHE Renewables, a subsidiary of Warren Buffet’s Berkshire Hathaway conglomerate, is set to finance its Walnut Ridge wind project in Illinois this year after county officials finally approved the project

Ex-First Solar CEO joins SunEdison departures

SunEdison has lost Paul Gaynor as its head of North American utility and global wind, the US renewables developer has confirmed

Scatec to acquire majority stakes in Brazil solar

Norway-based Scatec Solar has signed an agreement with Spain's Grupo Gransolar to acquire majority stakes in two photovoltaic (PV) solar projects with a combined 78MW (DC) installed capacity in the Brazilian state of Piaui.