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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.

Caisse des Dépôts buys St Brieuc French offshore wind stake

A RES subsidiary, Eole-RES, has sold a 25% stake in the project company part-developing the €2 billion ($2.2 billion), 496MW Saint Brieuc offshore wind farm to French state investor Caisse des Dépôts

Nicaragua extends fiscal benefits for renewables

The Nicaraguan government is expected to approve a legislative reform next week which will prolong tax incentives to both local and international renewable energy investors

SPI and KK Uniroot form Japanese solar JV

Solar Power through its wholly-owned subsidiary SPI Solar Japan have entered into a strategic partnership agreement with KK Uniroot to jointly develop a pipeline of more than 500MW of solar PV power projects in Japan

ANZ issues green bond for wind and solar

Australia & New Zealand Banking Group has become only the second Australian lender to issue green bonds having closed a A$600 million issuance today

Santander, OTPP, PSP to double size of joint investment vehicle by 2020

Banco Santander has finished spinning off $2 billion of renewable energy and water assets into a new investment vehicle - Cubico Sustainable Investments – which it intends to double in size over the coming five years. Cubico is equally owned by the Ontario Teacher’s Pension Plan, the Public Sector Pension Investment Board, and the Spanish bank

US private equity firm invests in CH2M Hill

Apollo Global Management has signed an agreement today (28 June 2015) to invest $300 million in the equity of CH2M Hill, the UK headquartered consulting, design and programme management firm

Abengoa gets Atacama 2 solar approval

Abengoa has obtained environmental approval for a second solar complex of 210MW, located in the Antofagasta region of northern Chile, Atacama 2

Jordan’s Seven Sisters solar reach financial close

The seven solar photovoltaic projects arranged by the IFC as part of Jordan’s first round of direct proposals for renewable energy reached financial close last week

YIT approaches EIB on Lestijärvi

Finnish construction firm YIT has approached the European Investment Bank (EIB) for support for its 327MW Lestijarvi wind project

Jordan awards Hanergy 1GW of renewables

The Jordanian government has signed a memorandum of understanding with Chinese renewables developer to construct 1GW of wind and solar power in the Middle Eastern country

Laing O’Rourke wins Swansea Bay Tidal Lagoon contract

Laing O’Rourke has been named preferred bidder of the £200 million ($307 million) contract to build the turbine house and sluice gate structure for the Swansea Bay Tidal Lagoon in Wales

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