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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.

SMBC appoints new LatAm project finance head

Sumitomo Mitsui Banking Corporation (SMBC) has appointed Luis Fernando Perdigon, the bank's chief representative in Colombia, as head of project finance for Latin America

GvW adds M&A partners from Norton Rose Fulbright

Hamburg-based Graf von Westphalen (GvW) has added to its team two lawyers formerly of Norton Rose Fulbright, and has also enlisted the services of two ex-government advisers specialising in nuclear issues

EXCLUSIVE RET Capital closes acquisition of Coram Brodie wind

RET Capital has closed its 100% acquisition of the 102MW Coram Brodie wind farm in California from Brookfield Renewable Energy Partners, IJGlobal has learnt

IFC confirms investment in Alcazar Energy

World Bank subsidiary the International Finance Corporation has confirmed an equity investment of $25 million into renewable power projects developer Alcazar Energy

EXCLUSIVE Five bids for Australia’s Macarthur wind

AGL Energy has received at least five indicative bids for the sale of its 50% stake in the Macarthur wind project in Australia

Wind Minds signs MoU for South Korean offshore wind

Dutch firm Wind Minds has signed a memorandum of understanding (MoU) with Korean company Doarm Engineering to develop offshore wind farms in South Korea

Adani to build Tamil Nadu solar

Indian firm Adani has signed an agreement with the Tamil Nadu government to build a 648MW solar project in the Indian state

Allianz acquires four Austrian wind farms

Allianz is acquiring four wind parks representing 64.2MW of capacity in Austria, pushing its investments into renewables above €2.5 billion ($2.77 billion)

Northland Power president steps down

Canadian power developer Northland Power has made a number of changes to its management board, with president Sean Durfy stepping down

RWE targets 2015 close for UK's Galloper offshore wind

RWE is trying to accelerate development of its previously shelved £1.54 billion, ($2.39 billion), 504MW Galloper offshore wind project in the UK and reach financial close by the end of the year, IJGlobal understands

ALLETE closes Armenia Mountain acquisition

ALLETE Clean Energy has closed its acquisition of the 100.5MW Armenia Mountain wind facility from AES Corporation and Citi

SunEdison and Gamesa form wind JV

SunEdison and Gamesa have signed a memorandum of understanding (MoU) to create a joint venture to develop up to 1GW of wind energy power plants globally by 2018

Malaysia cancels Kepong waste-to-energy PPP

The Malaysian government is understood to have cancelled the roughly MYR800 million ($211 million) Kepong waste-to-energy PPP project in the Federal Territory of Kuala Lumpur

Yingli Green uses project bonds to fund Chinese solar

Chinese project developer Yingli Green Energy has completed a RMB20 million ($3.2 million) bond financing for a 4MW solar power project located in Hengshui City in China's Hebei Province

Ethiopia to seek commercial debt for new renewables

The government of Ethiopia is hoping to attract significant foreign investment for a new slate of renewable power projects it is looking to develop in the country

West of Duddon Sands OFTO acquisition nears close

Sponsors 3i Infrastructure and Macquarie Capital are targeting a third quarter 2015 financial close for its £296 million ($462.1 million) acquisition of the 389MW West of Duddon Sands wind farm offshore transmission (OFTO) assets in the UK

WFW hires project finance partner in Paris

Watson Farley & Williams has hired Guillaume Ansaloni as project and structured finance partner in its Paris office

DONG plans UK biogas plant

Danish development company DONG Energy has begun consultations for a planned biogas plant to be built in the UK

EXCLUSIVE Eolia Renovables restructures underperforming Spanish wind

Eolia Renovables has closed on a €40.9 million ($45 million) restructuring of its 42.5MW Jerez wind project in Spain due to feed-in tariff (FiT) reductions and lower production levels than expected, IJGlobal can reveal