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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.

Capital Stage in takeover offer for fellow German developer

German wind and solar operator Capital Stage has made a voluntary takeover offer for fellow renewables developer Chorus Clean Energy, in a deal that could create a company with a combined 900MW in operation

Syndication closes for Alisios Costa Rica wind

Central American renewable energy developer Globeleq Mesoamerica Energy, has closed a $149 million debt financing in support of the Alisios wind complex in Costa Rica

Burkina Faso plans five solar plants

Burkina Faso has reportedly signed agreements for 80MW of solar capacity to be built

Dubai’s DEWA invites solar CSP bids

Dubai’s Electricity and Water Authority (DEWA) has invited bids from advisors for procurement of a new 200MW concentrated solar power (CSP) project

EXCLUSIVE Gulf of Suez wind PPA still under discussion

Engie, Toyota and Orascom are still discussing terms of the power purchase agreement (PPA) for Egypt’s 250MW Gulf of Suez onshore wind project with signing expected in the coming months

SunPower secures Chilean PPA from Colbun

SunPower has been awarded a 15-year power purchase agreement by Chilean electric utility Colbun for a 164MW solar farm, the US-base solar developer has announced

Investec closes rooftop solar financing

Spruce Finance, the privately owned residential solar finance provider, has closed a $120 million syndicated loan facility to originate rooftop solar contracts

Equitix, GIB fund UK biomass plant

UK developer Green Plan Energy has reached financial close on its £25 million ($36.6 million), 5.4MW Wrexham biomass plant in the UK with debt from Green Investment Bank (GIB) and fund manager Equitix

DONG Energy IPO values utility at over $15bn

DONG Energy has published details of its intended initial public offering on the Nasdaq Copenhagen exchange, with a share price that values the Danish utility at up to DKr106.5 billion ($15.9 billion)

Fortum to acquire Ekokem Corporation

Fortum has signed an agreement to acquire 81% of Nordic waste-to-energy company Ekokem Corporation for about €470 million ($524 million)

Abu Dhabi sovereign fund eyes Indian renewables

Abu Dhabi Investment Authority (ADIA) is set to take a minority stake in India’s Greenko Group for around $200 million by subscribing to a new capital increase.

InfraVia boosts team with three hires

InfraVia Capital Partners (InfraVia) has appointed Olivier Laroche as asset manager and Zeynep Lucchini-Gilera and Aymar de Tracy as investment managers

Ex-Santander PF head joins AllianzGI North America debt team

Allianz Global Investors has hired Jorge Camiña from Santander as an executive in the firm’s infrastructure debt business, sources familiar with the matter confirmed to IJGlobal

Prudential lends to geothermal developer

A subsidiary of geothermal independent power producer US Geothermal has closed a $20 million bond financing from Prudential Capital Group, with an option for a further $30 million

Allianz makes second US tax equity investment

Allianz Capital Partners has closed its second tax equity deal in the US with an investment in an operating E.ON wind farm in Texas

Ethiopia launches 200MW solar tender

Ethiopia has launched a request for proposals (RfW) for two separate 100MW independent power producer solar projects

Acwa goes head-to-head with FRV on Noor PV I

Acwa Power and Fotowatio Renewable Ventures (FRV) have submitted competing bids within a fraction of a cent of each other for the 135MW-170MW Noor PV I trio of solar projects in Morocco

Vestas picked for 600MW Laos wind farm

Thailand’s Impact Electrons Siam has selected Denmark’s Vestas as the preferred engineering procurement and construction contractor for a 600MW $1.5 billion wind power development in Laos

EBRD mulls Greek renewables loan

The European Bank for Reconstruction and Development (EBRD) is considering providing a senior secured loan of up to €50 million ($55.9 million) to Greek renewables developer Terna Energy

Platina closes second renewables refi in a month

Platina Energy Partners has secured a €50 million ($55.7 million) non-recourse long term financing with ING Bank in order to refinance a 20MW photovoltaic portfolio

Details emerge on Jamaican solar project

Details have emerged on a 33.1MW solar project contract in Jamaica which was recently awarded to an Anglo-French consortium

Swansea Bay to re-tender major construction contract

The sponsors of the £1.3 billion, 320MW Tidal Lagoon Swansea Bay project in Wales are to re-tender the seawall construction contract after dropping previous preferred bidder China Harbour Engineering Company

EXCLUSIVE Egyptian solar bid date to be extended

The bid date for Egypt’s 200MW West Nile solar plant is expected to be extended by around two months, IJGlobal has learnt