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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.

SSE begins wind divestment with sale to GE

UK utility SSE, in efforts to raise £500 million ($742 million) from divesting its onshore wind assets, has sold the 16MW Langhope Rig wind farm to General Electric Financial Services. The deal closed on 25 March, 2015

Ormat signs PPA for second phase of Don A Campbell

Ormat Technologies signed a 20-year power purchase agreement with Southern California Public Power Authority (SCPPA) for the second phase of the Don A. Campbell geothermal plant in Nevada

DEWA, ACWA and TSK sign PPA for Al Maktoum PV phase 2

The Dubai Electricity and Water Authority (DEWA) and developers ACWA Power and TSK have signed the power purchase agreement for the 200MW phase two of the Mohammed bin Rashid Al Maktoum solar photovoltaic power project

UK Green Investment Bank to invest internationally

The UK’s Green Investment Bank (GIB) has agreed terms with the Department for Energy and Climate Change (DECC) on a £200 million ($298.2 million) international green investment pilot

Masen launches fourth stage of Noor CSP

The Moroccan Agency for Solar Energy (Masen) has invited developers to submit proposals for Noor IV, the latest phase of its concentrating solar power (CSP) development in Ouarzazate

UPDATE: GIB and ESB close on Tilbury biomass plant

The UK Green Investment Bank (GIB) and the Electricity Supply Board (ESB) reached financial close alongside debt providers Rabobank, Investec, and EKF on the £190 million ($283 million) Tilbury Green Power project in Essex on Monday 23 March, 2015

Rame adds capacity to Santander Chile wind agreement

Rame Energy has increased the target generating capacity of a portfolio of wind farm projects to be developed under an equity financing agreement with Santander in Chile, by a net 15MW to 133MW

SPI to build floating PV panels in North America

Shanghai-based solar developer SPI Solar and Aqua Clean Energy have formed a partnership to develop more than 50MW of floating solar photovoltaic (PV) projects in the US and Mexico

TRIG to launch share issue

The Renewables Infrastructure Group (TRIG) is planning to raise up to £76.7 million ($114 million) via three share placements due to close over the coming month

EXCLUSIVE EBRD may invest in first Georgian wind farm in 2015

The European Bank for Reconstruction and Development (EBRD) is considering investing $25 million alongside other lenders in Georgia’s first wind project; the 20MW Gori onshore wind farm, IJGlobal can reveal

Ferrostaal nears close on Sainshand wind

Ferrostaal is expected to reach financial close on the roughly $115 million Sainshand wind farm in Mongolia with a consortium of development banks within the next few months

EXCLUSIVE Buenavista lines up multilaterals for Mexican solar debt

Houston-based developer Buenavista Renewables has lined up two development finance institutions to finance a 14MW solar photovoltaic (PV) project in Mexico, IJGlobal has learnt

GIB, Foresight, Zouk close on Scottish waste-to-energy

The UK Green Investment Bank, Foresight Group, and Zouk Capital reached a £111 million ($165 million) financial close on a 12.5MW energy from waste plant in Scotland on Friday (20 March)

JinkoSolar signs finance agreement with CDB

JinkoSolar’s subsidiary JinkoSolar Power has signed a financing agreement with China Development Bank Leasing (CDBL) for the next five years