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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.

PNE outlines assets for upcoming yieldco

German wind developer PNE has set out its plans for its upcoming 150MW yieldco, which will generate cash flows from operational wind assets

EXCLUSIVE DEWA to launch RFQ for Dubai solar phase three

The Dubai Electricity and Water Authority (DEWA) will launch the request for qualifications (RFQ) for the 800MW third stage of the Rashid Al Maktoum solar photovoltaic independent power producer (IPP) next month, according to a source

UK to offer grace period for outgoing wind subsidies

The UK government is to offer a nine month grace period to onshore wind developers struggling to arrange financing under its outgoing renewables obligation certificate (ROC) scheme

SunEdison scraps LAP acquisition

SunEdison said it has terminated an agreement to acquire Latin America Power (LAP) in an emailed statement

Brookfield Renewable to acquire Pennsylvania hydro

Brookfield Renewable Energy Partners today (8 October) announced an agreement to acquire a hydroelectric portfolio in Pennsylvania from Talen Energy for $860 million

Invenergy makes first Scottish wind investment

US energy developer Invenergy Wind has arranged project financing for the 69MW Corriegarth Wind Energy Center, under construction in Scotland approximately 31 kilometers southwest of Inverness

US firms vie for Egyptian solar

US firms including SunEdison and First Solar are apparently vying for the Egyptian Electricity Transmission Company’s (EETC) recently-launched 200MW solar tender, along with forty-two other international and regional firms including Acwa, Orascom, and Enel

REIF I and Otso funds buy Finnish wind farm

GCG Renewable Energy Infrastructure Fund (REIF I) and the Otso Infrastructure I fund have bought the 21.6MW Honkajoki wind park from Finnish wealth manager Taaleritehdas for an undisclosed sum

EXCLUSIVE KAPP nears Abdaliyah gas/solar RFP launch

The Kuwait Authority for Partnership Projects (KAPP) intends to launch a request for proposals (RFP) for the Al Abdaliyah integrated solar combined cycle (ISCC) project next month, a source has told IJGlobal

EXCLUSIVE Estover Energy plots financing for Sandwich biomass

British biomass developer Estover Energy is raising finance and seeking advisers for its 20MW, £80 million ($122.3 million) Sandwich CHP plant in Kent, England

IIC appoints new general manager

The Inter-American Investment Corporation (IIC) has appointed international development banker James P. Scriven as its new general manager

EXCLUSIVE Stan Chart mandated on Xe-Pian refi

Standard Chartered has been mandated to lead the international bank tranche for the refinancing of the Xe-Pian Xe-Namnoy hydropower project in Laos, IJGlobal has learned

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)