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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.

SunEdison plans project sales as financing deal struck

SunEdison, the bankrupt renewables developer, has agreed to sell a solar project in Colorado to a JPMorgan-managed fund and to grant it rights to buy a further three projects, in what could be the first project sales by the firm since it filed for bankruptcy

Pricing, debt for SSE’s Beatrice offshore wind close

Sponsors SSE, Copenhagen Infrastructure Partners and SDIC Power have reached financial close on the £2.6 billion ($3.7 million), 588MW Beatrice offshore wind project in the Outer Moray Firth, Scotland

TRIG raises capital and plans new share issue

London-listed The Renewables Infrastructure Group (TRIG) has raised £30.3 million through the issue of 30 million new shares at 101 pence each

Aggressive bidding for Karnataka solar auction

Karnataka Renewable Energy Development issued letters of approval this week for 910MW worth of new solar developments in the southwestern state in India

Platina refinances UK wind portfolio

Platina Energy Partners has signed £28 million ($40.9 million) of new funding in order to refinance their 28MW Danu II wind farm portfolio

Infrastructure Capital Group targets Australian renewables

Australian investment fund Infrastructure Capital Group (ICG) is actively looking at renewable assets that have been put for sale by Origin Energy as well as investing in projects in development, such as Genex’s 50MW Kidston photovoltaic (PV) solar power complex.

IFC considers Brazil biomass investment

Cerradinho Bioenergia, a Brazilian ethanol and biomass-based electricity producer, has approached the IFC for an up to R150 million A Loan to support the expansion of its crushing and cogeneration capacities

Goldwind to buy Texas merchant wind

A subsidiary of Chinese turbine manufacturer Goldwind is to buy a merchant wind project in Texas from RES Americas, the buyer announced on 17 May

Australia’s Infigen Energy up for sale

Australian wind farm operator Infigen Energy has confirmed it is “exploring a range of options” to maximise value for shareholders.

Singapore waste PPP reaches financial close

Mitsubishi Heavy Industries and Hyflux have reached financial close on the S$653 million ($474.5 million) waste-to-energy PPP in Singapore.

EBRD considers Acwa’s Sunrise solar in Jordan

The European Bank for Reconstruction and Development (EBRD) is considering providing $26 million in debt for Acwa Power’s newly acquired 50MW Sunrise Solar System in Al Mafraq, Jordan

Vivint and DE Shaw attack SunEdison bankruptcy deal

Creditors including Vivint Solar and a DE Shaw subsidiary have warned that they could lose out unfairly if SunEdison’s bankruptcy financing plan is not changed

EBRD, Proparco, DEG to finance Al Rajef wind, Jordan

The European Bank for Reconstruction and Development (EBRD), Proparco, and DEG are considering providing some $140 million in debt for the 82MW Al Rajef wind farm in Jordan

DIF sells six French wind projects

Dutch Infrastructure Fund (DIF)'s Renewable Energy Fund has sold a portfolio of operational French wind projects to a fund managed by Allianz Global Investors (AGI)

Green Investment Bank trustee search launches

A search has begun for trustees to head up a ‘special share’ company to ensure the soon-to-be privatised UK Green Investment Bank retains it clean investment mandates

South Africa plans gas-fired PPP and solar parks

South Africa’s Department of Energy has launched an expression of interest for a new 600MW gas-fired power project to be procured as a public private partnership

SunEdison CFO to leave next month

SunEdison has finally served notice on its embattled chief financial officer Brian Wuebbels, who is to leave the company on 9 June

EXCLUSIVE Beatrice offshore wind set to close this week

The £1.95 billion ($2.8 billion) Beatrice offshore wind farm in Scotland is due to reach financial close in the coming week, IJGlobal understands