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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.

UK GIB, Foresight back waste-to-energy project

Developer AssetGen Partners has closed on £60 million ($92 million) in equity funding from three institutions for the 10MW Hoddesdon waste-to-energy plant in the UK

EXCLUSIVE Marubeni relocates European power manager

Keiji Okagaki is to leave London, where he was a vice-president at Marubeni Europower, to take up a role at the Japanese trading house's Tokyo headquarters.

Iberdrola USA and UIL Holdings to merge

Spanish utility Iberdrola's US subsidiary and the New England-based utility UIL Holdings have agreed to merge

EXCLUSIVE Sowitec to tap capital markets for Uruguay wind

German developer Sowitec plans to tap the capital markets for its 50MW Vientos de Pastorale wind farm in Uruguay, IJGlobal has learnt

Lightsource announces UK rooftop PV scheme

UK solar developer Lightsource has announced a £125 million ($192.7 million) investment into the rooftop solar market for 2015

Vattenfall wins concession for Horns Rev 3

The Danish government has awarded the tender for the 400MW Horns Rev 3 offshore wind farm to Swedish utility Vattenfall

NTPC to develop 15,000MW of Indian solar

State-owned NTPC has received approval from the Indian government to develop 15,000MW of solar projects

UK hands out first Contracts for Difference state subsidies

The UK government handed out £315 million ($485.8 million) of state support for 27 clean energy projects under the first round of its new Contracts for Difference auction regime

OECD calls for UK to strengthen and expand remit of GIB

The Organisation for Economic Co-operation and Development (OECD) has called for the UK to strengthen the Green Investment Bank and other targeted financial aids as well as improve public-private partnership (PPP) infrastructure financing

EXCLUSIVE Gul Ahmed signs on Pakistani wind

Gul Ahmed Wind Power (GAWP) has signed $98.6 million in financing for its 50MW wind project in Pakistan

Sawmills solar in UK gets planning permission

The 7.5 MW Sawmills solar park developed by Solstice Renewables and owned by Belltown Power has been granted planning permission

ADB funding for geothermal exploration to expand

The ADB is understood to be considering financing the exploration of several other geothermal projects in Indonesia having signed a $50 million loan agreement with the sponsors for the 240MW Rantau Dedap last year

Australia's Hallet Hill 2 wind plans private placement

Energy Infrastructure Trust, the sponsor for the Hallet Hill wind farm in South Australia, is planning a A$202 million ($159 million) private placement to refinance the existing bank debt for the project

YES Bank issues India’s first green bond

India’s YES Bank has issued an $80 million green infrastructure bond, the procced of which will finance a range of renewable projects in India over the next four years