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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.

EXCLUSIVE SunEdison closes syndication on $1bn loan

SunEdison has closed syndication on a $1 billion non-recourse construction loan facility, IJGlobal has learnt

EXCLUSIVE Lenders emerge on Laberinto Chile merchant solar

Four local and international commercial banks have emerged as lenders to the 146MWp Laberinto solar photovoltaic (PV) project in Chile owned by 50:50 venture between EDF Energies Nouvelles and Marubeni

Vantaan closes on NIB debt for Långmossebergen waste-to-energy

Finnish companies Vantaan Energia and SEB leasing have closed on €64 million ($69 million) and €86 million of debt from the Nordic Investment Bank (NIB), respectively, for a new waste-to-energy plant near Helsinki. Both deals closed 16 April, 2015, a source close to the deal said

IFM appoints advisers for Pacific Hydro sale

IFM Investors is understood to have appointed Credit Suisse and Bank of America Merrill Lynch to advise on the sale of renewable energy developer Pacific Hydro

Sembcorp gets Chinese wind farm approval

Sembcorp’s planned 150MW on-shore wind farm in Laoshibeihe in Huanghua, Hebei province, China, has been approved by the Hebei Development and Reform Commission

Enel sells stakes in two Italian generating companies

Cash-strapped Italian utility Enel has offloaded its stakes in two Italian power businesses, selling its 40% holding in SE Hydropower and a 33.3% share in SF Energy, raising €400 million

LightBeam Electric files S-1 for yieldco IPO

LightBeam Electric has filed an S-1 for an initial public offering (IPO) of a yieldco. The company proposes to offer up to $100 million equity

EXCLUSIVE Lenders line up for Italy's Q.Thermo waste

Sponsors Quadrifoglio and Hera have lined up a group of banks to finance their €170 million ($183 million) Q.Thermo waste-to-energy plant located in the Italian region of Tuscany, IJGlobal can reveal

EIB mulls European energy fund investment

The European Investment Bank (EIB) is considering whether to invest €200 million ($215 million) in a new European renewable energy fund, the Capenergie III fund

Mainstream targets 2015 close on Ghana’s Ayitepa wind

Mainstream Renewables is close to signing on the power purchase agreement for the 225MW Ayitepa wind farm in Ghana, and is targeting to reach financial close on the project before the end of the year

Fri-El and Golden Agri close on Nuova Energia wind

Fri-El Green Power and Golden Agri Resources have closed on €65.2 million ($70 million) financing for the 72MW Nuova Energia wind project in Italy, with Santander and UniCredit provided the debt

EXCLUSIVE South Africa DoE confirms renewables R4 and new allocation

South Africa’s Department of Energy has today (16 April 2015) confirmed the winners of the fourth round of its renewable energy power producer procurement (REIPPP) programme, and announced extra allocations through an additional tender round

Enel and Marubeni sign Asia Pacific renewables deal

Enel Green Power (EGP) and Japan's Marubeni have signed a memorandum of understanding (MoU) to identify possible renewable power projects developments in Asia Pacific together over the next two years

FMO issues second sustainability bond

Dutch bilateral development bank FMO has priced a €500 million ($530 million) sustainability bond