Back to homepage

IPP Today News

IPPToday #265: GIG acquires Conergy's Asia-Pacific solar portfolio

IPPToday #265: GIG acquires Conergy's Asia-Pacific solar portfolio

🕔Aug 14, 2018

Green Investment Group (GIG), Macquarie Capital’s global green investment platform, has announced the acquisition of a significant solar development portfolio from Conergy Asia & ME.

Read Full Article
IPPToday #265: Senvion signs up to 300 MW wind turbine agreement in Spain

IPPToday #265: Senvion signs up to 300 MW wind turbine agreement in Spain

🕔Aug 13, 2018

Senvion has signed an agreement which includes the delivery of turbines for up to 300 MW projects in Spain with Alfanar, which received the largest wind allotment of 720 MW.

Read Full Article
IPPToday #264: Starwood to acquire US$2.56 B energy project finance debt business

IPPToday #264: Starwood to acquire US$2.56 B energy project finance debt business

🕔Aug 10, 2018

Starwood Property Trust has entered into a definitive agreement to acquire GE Capital's Energy Financial Services' Project Finance Debt Business and loan portfolio for $2.56 billion, including $400 million of unfunded loan commitments.

Read Full Article
IPPToday #263: Mitsui invests in Taiwanese offshore wind farm developer Yushan Energy

IPPToday #263: Mitsui invests in Taiwanese offshore wind farm developer Yushan Energy

🕔Aug 9, 2018

Mitsui & Co has completed all necessary procedures to enter into a definitive agreement to acquire a 50% share of Yushan Energy Taiwan, from Singapore's Yushan Energy, a subsidiary of Enterprize Energy Group.

Read Full Article
IPPToday #262: IFC and Gaia Energy to develop 22 projects in 9 countries in Africa

IPPToday #262: IFC and Gaia Energy to develop 22 projects in 9 countries in Africa

🕔Aug 8, 2018

IFC, a member of the World Bank Group, has forged a new partnership with Gaia Energy to create a joint platform for the development of wind power and other renewable energy projects in Africa. 

Read Full Article
IPPToday #261: ADB and IFC to finance US$650 million hydropower project in Nepal

IPPToday #261: ADB and IFC to finance US$650 million hydropower project in Nepal

🕔Aug 7, 2018

The Asian Development Bank (ADB) has approved financing for the 216 MW Upper Trishuli 1 hydropower project in Nepal, which involves the development of a run of river hydroelectric power plant on the Upper Trishuli river, about 70km north of Kathmandu, for a total cost of US$650 million.

Read Full Article
IPPToday #260: L&G approves US$260 million financing for gas pipeline in Northern Ireland

IPPToday #260: L&G approves US$260 million financing for gas pipeline in Northern Ireland

🕔Aug 6, 2018

Mutual Energy has secured GBP200 million (US$260.0 million) financing from Legal & General to cover construction costs of the Gas to the West project. This involves the delivery of an 80km extension to the existing gas network in Northern Ireland through a mainly underground pipeline running from Portadown to (near) Enniskillen.

Read Full Article
IPPToday #259: Enel signs US$1.1 billion financing for 700 MW wind projects in South Africa

IPPToday #259: Enel signs US$1.1 billion financing for 700 MW wind projects in South Africa

🕔Aug 3, 2018

Enel Green Power RSA, the Enel Group’s South African renewables company, has signed project financing agreements a portfolio of five new wind projects, totalling roughly 700 MW of capacity.

Read Full Article
IPPToday #258: Saudi Arabian company seeking EIB financing for 550 MW wind project in Spain

IPPToday #258: Saudi Arabian company seeking EIB financing for 550 MW wind project in Spain

🕔Aug 2, 2018

The European Investment Bank (EIB) has disclosed that Alfanar Company, an industrial manufacturing and construction group based in Saudi Arabia, is seeking a EUR385 million (US$449.5 million) loan for a 547 MW wind project in Spain, with a total estimated investment of EUR643 million (US$750.8 million).

Read Full Article
IPPToday #257: US firm to develop blockchain facility powered by 900 MW wind farm in Morocco

IPPToday #257: US firm to develop blockchain facility powered by 900 MW wind farm in Morocco

🕔Aug 1, 2018

Soluna Technologies, Ltd. has announced plans to develop a 900 MW wind farm in Morocco which will power a utility-scale blockchain computing facility. The total investment required for the project is estimated to be up to US$3 billion.

Read Full Article
IPPToday #256: Largest wind farm in West Africa reaches financial close

IPPToday #256: Largest wind farm in West Africa reaches financial close

🕔Jul 31, 2018

Lekela has announced that it has successfully reached financial close on the Taiba N’Diaye wind power project in Senegal. This will deliver the country's first utility-scale wind farm and the largest wind farm in West Africa, with a generation capacity of 158.7 MW.

Read Full Article
IPPToday #255: American Electric Power cancels US$4.5 billion Wind Catcher project

IPPToday #255: American Electric Power cancels US$4.5 billion Wind Catcher project

🕔Jul 30, 2018

American Electric Power (AEP) has announced that it is canceling the Wind Catcher project, following its rejection by the Texas Public Utility Commission. The US$4.5 billion proposal involved the acquisition of a 2,000 MW wind farm, currently being constructed by Invenergy, and a 563 km, 765 kV transmission line.

Read Full Article
IPPToday #254: US$500 million wind and solar portfolio in South Africa reaches financial close

IPPToday #254: US$500 million wind and solar portfolio in South Africa reaches financial close

🕔Jul 26, 2018

BioTherm Energy, a South African renewable energy development platform and power producer, has reached financial close on a portfolio of wind and solar projects with a combined generation capacity of 284 MW. The total development cost of the portfolio is approximately US$500 million.

 

Read Full Article
IPPToday #253: US state governments approve PacifiCorp's US$3 billion wind-transmission project

IPPToday #253: US state governments approve PacifiCorp's US$3 billion wind-transmission project

🕔Jul 25, 2018

PacifiCorp, a subsidiary of Berkshire Hathaway Energy, has secured the final state government approval required to proceed with Energy Vision 2020, an initiative focussed on wind and transmission assets in the northwestern United States, which the company estimates will require US$3 billion investment.

Read Full Article
IPPToday #252: EIB signs financing for 1 GW hydropower project in Portugal

IPPToday #252: EIB signs financing for 1 GW hydropower project in Portugal

🕔Jul 24, 2018

The Europe Investment Bank (EIB) has signed a EUR500 million (US$585.6 million) loan agreement, the first tranche of a total EUR650 million (US$761.3 million) funds approved, for a major hydropower project in Portugal being developed by Iberdola.

Read Full Article
IPPToday #251: GIG closes over US$300 million financing for Swedish wind project

IPPToday #251: GIG closes over US$300 million financing for Swedish wind project

🕔Jul 23, 2018

Green Investment Group (GIG), the specialist green energy principal investment business of Macquarie Group, has closed EUR270 million (US$316.4 million) financing for the 235 MW Överturingen wind project, located in central Sweden.

Read Full Article
IPPToday #250: Consortium agrees to develop largest renewable project in Egypt

IPPToday #250: Consortium agrees to develop largest renewable project in Egypt

🕔Jul 20, 2018

ENGIEToyota Tsusho Corporation/Eurus Energy Holdings Corporation and Orascom Construction have jointly signed an agreement to commence development work on a new 500 MW wind farm in Ras Ghareb, Egypt.

Read Full Article
IPPToday #249: 690 MW solar power to be installed near Las Vegas

IPPToday #249: 690 MW solar power to be installed near Las Vegas

🕔Jul 19, 2018

Quinbrook Infrastructure Partners has announced that it is developing a 690 MW solar project in Nevada, in the south-west of the USA. The company plans to install a photovoltaic power plant on around 44,000 acres of land located around approximately 40km northeast of downtown Las Vegas.

Read Full Article
IPPToday #248: Acciona secures US$264 million for 400 MW solar project in Mexico

IPPToday #248: Acciona secures US$264 million for 400 MW solar project in Mexico

🕔Jul 18, 2018

Acciona has announced that, alongside Tuto Energy, it has signed a financing agreement for the 404 MWp Puerto Libertad photovoltaic complex in Sonora, north-west Mexico. The two companies each own 50% stakes in the project, which will deliver one of the highest-capacity solar plants in Latin America.

Read Full Article
IPPToday #247: 400 MW offshore wind project in Germany amends financing to secure US$1.8 billion

IPPToday #247: 400 MW offshore wind project in Germany amends financing to secure US$1.8 billion

🕔Jul 12, 2018

Merkur Offshore has successfully amended the financing agreements for its 396 MW wind project, securing more competitive terms for senior debt amounting to EUR1.5 billion (US$1.76 billion). This will fund the installation of 66 wind turbines in the German North Sea, approximately 45km north of Borkum.

Read Full Article