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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.

Invenergy's New York solar PPA approved

Invenergy has received initial approval for a power purchase agreement for what it says is the largest solar project yet planned in the greater Manhattan area of New York state

NRG contracts with Dow for Texas wind

NRG Energy has closed a power purchase agreement with US multinational Dow Chemical for a previously merchant wind farm in Texas, the offtaker has announced

Marubeni and Enel sign Asia power MOU

Japan’s Marubeni and Italy’s Enel have signed a memorandum of understanding to cooperate on jointly developing power generation project opportunities in Asia.

GE signs 1,000MW Vietnam wind deal

General Electric (GE) and Vietnam’s trade ministry signed a memorandum of understanding to develop 1,000MW of wind power generation capacity by 2025.

SunEdison plans project sales as financing deal struck

SunEdison, the bankrupt renewables developer, has agreed to sell a solar project in Colorado to a JPMorgan-managed fund and to grant it rights to buy a further three projects, in what could be the first project sales by the firm since it filed for bankruptcy

Pricing, debt for SSE’s Beatrice offshore wind close

Sponsors SSE, Copenhagen Infrastructure Partners and SDIC Power have reached financial close on the £2.6 billion ($3.7 million), 588MW Beatrice offshore wind project in the Outer Moray Firth, Scotland

TRIG raises capital and plans new share issue

London-listed The Renewables Infrastructure Group (TRIG) has raised £30.3 million through the issue of 30 million new shares at 101 pence each

Aggressive bidding for Karnataka solar auction

Karnataka Renewable Energy Development issued letters of approval this week for 910MW worth of new solar developments in the southwestern state in India

Platina refinances UK wind portfolio

Platina Energy Partners has signed £28 million ($40.9 million) of new funding in order to refinance their 28MW Danu II wind farm portfolio

Infrastructure Capital Group targets Australian renewables

Australian investment fund Infrastructure Capital Group (ICG) is actively looking at renewable assets that have been put for sale by Origin Energy as well as investing in projects in development, such as Genex’s 50MW Kidston photovoltaic (PV) solar power complex.

IFC considers Brazil biomass investment

Cerradinho Bioenergia, a Brazilian ethanol and biomass-based electricity producer, has approached the IFC for an up to R150 million A Loan to support the expansion of its crushing and cogeneration capacities

Goldwind to buy Texas merchant wind

A subsidiary of Chinese turbine manufacturer Goldwind is to buy a merchant wind project in Texas from RES Americas, the buyer announced on 17 May

Australia’s Infigen Energy up for sale

Australian wind farm operator Infigen Energy has confirmed it is “exploring a range of options” to maximise value for shareholders.

Singapore waste PPP reaches financial close

Mitsubishi Heavy Industries and Hyflux have reached financial close on the S$653 million ($474.5 million) waste-to-energy PPP in Singapore.

EBRD considers Acwa’s Sunrise solar in Jordan

The European Bank for Reconstruction and Development (EBRD) is considering providing $26 million in debt for Acwa Power’s newly acquired 50MW Sunrise Solar System in Al Mafraq, Jordan

Vivint and DE Shaw attack SunEdison bankruptcy deal

Creditors including Vivint Solar and a DE Shaw subsidiary have warned that they could lose out unfairly if SunEdison’s bankruptcy financing plan is not changed

EBRD, Proparco, DEG to finance Al Rajef wind, Jordan

The European Bank for Reconstruction and Development (EBRD), Proparco, and DEG are considering providing some $140 million in debt for the 82MW Al Rajef wind farm in Jordan