Latest Renewables News

Top Story

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.

NextEra closes financing for Silver State South

NextEra Energy Resources has closed a debt package for the $1.19 billion 250MW Silver State South solar project in Nevada, IJGlobal has learnt

EXCLUSIVE New LPs set to invest in Ardian’s Fund IV

Ardian is likely to reach final close on its fourth infrastructure fund before the summer, a source with knowledge of the fund told IJGlobal. The fund manager has a target of €2 billion ($2.2 billion) for the fund

Lenders circle Serbia's Dolovo wind

Three international development finance institutions, alongside European and UAE-based investors, are lining up debt and equity investments for a €280 million ($312 million) wind farm in Serbia

IADB to issue green bonds for Mexican small-scale

The Inter-American Development Bank (IADB) and Clean Technology Fund (CTF) have closed the first phase of a $125 million financing for small-scale energy projects developed by Mexican energy service companies (ESCOs) through the issuance of green bonds

EIB approves funding for four energy projects under Juncker Plan

The European Investment Bank’s (EIB) board has announced new investment into energy efficiency, renewables generation, and energy infrastructure under the Juncker plan as part of over €8 billion ($8.9 billion) of financing for 21 projects approved this week

Acwa and Sener close on Noor II and III

A joint venture between ACWA Power and Sener has reached financial close on the second and third stages of the Noor concentrated solar power (CSP) development near the town of Ouarzazate in Morocco

SSWMB seeks bids for Karachi waste-to-energy

Pakistan's Sindh Solid Waste Management Board is inviting interested firms to submit expressions of interest for the Karachi waste-to-energy project

JLEN releases more equity fundraising details

London-listed infrastructure fund John Laing Environmental Assets (JLEN) has released more details on its planned equity fundraise of up to £45 million

Elgar Middleton hires M&A adviser in Europe

Financial advisory firm Elgar Middleton has hired mergers and acquisitions (M&A) and debt financing adviser Yuriy Davidov as associate director in its London office

Ratch gets Australian wind approval

Ratchaburi has received approval from the Queensland government to build its proposed A$380 million Mount Emerald wind farm project in Queensland, Australia

LAP closes on San Juan wind

Latin American Power (LAP) has reached financial close on a debt-financing for the 184.8MW San Juan wind farm in Chile

Climate Investment Funds backs Ghana renewables

The Climate Investment Funds (CIF), a funding vehicle backed by five development finance institutions has backed the government of Ghana’s renewable energy programme, approving a $40 million investment

Spain's Abengoa replaces chief executive

Abengoa chief executive Manuel Sanchez Ortega has resigned with immediate effect, with the Spanish multinational promoting subsidiary Abengoa Yield chief executive Santiago Seage as his replacement

Canadian Solar closes debt for Illumination solar

Canadian Solar has closed a C$53.5 million ($44.4 million) non-recourse construction and term loan to finance the 10MW Illumination solar photovoltaic project in Ontario