The joint venture partners in the Carraig Gheal Wind Farm, GreenPower and the Ampere Equity Fund, managed by DIF, are pleased to announce that a senior debt funding package has been put in place for the re-finance of the 46MW wind farm.
Anheuser-Busch and Enel Green Power, have announced y that they have signed a power purchase agreement (PPA), whereby Anheuser-Busch will purchase the energy delivered to the grid and renewable electricity credits from a portion of Enel’s Thunder Ranch wind project in the amount of 152.5 MW.
Alterra Power Corp. has annoucned the execution of a US$133 million refinancing of the corporate loans at its Icelandic subsidiary, HS Orka hf.
Kimberly-Clark has entered long-term power purchase agreements to take 120 MW or 78 percent of electricity to be generated by the Rock Falls Wind project being developed by EDF Renewables in northern Oklahoma and 125 MW or 42 percent of the electricity to be generated by the Santa Rita Wind Energy Center being built by Invenergy in West Texas.
IFC is helping Serbia increase its supply of renewable energy by lending €19.1 million (US$25.7 million) to Elicio, a subsidiary of Nethys Group, a Belgium-based energy and telecommunications group, for the 42MW Alibunar wind farm.
8minutenergy Renewables, LLC, the leading independent solar developer in the U.S.,has announced the closing of debt and tax equity financing for its 26 MW Redwood 4 Solar Farm located in Kern County, California.
Greenwood Energy has announced the closing of a US$52.8 million tax equity and debt financing on a portfolio of solar photovoltaic (PV) projects with a combined generating capacity of 26 MW.
Tenaska has closed refinancing on its 150 MW Tenaska Imperial Solar Energy Center West project through an issuance of US$400 million of senior secured, long-term notes. The private placement received an investment-grade rating of BBB by Kroll.
The Asian Development Bank’s (ADB) Board of Directors has approved the disbursement of a loan of up to US$2 million to develop solar energy capabilities and coverage in Samoa.
Better Energy secures loan from the Danish Green Investment Fund to build third largest solar park in Denmark
With funding from Danish Green Investment Fund, Better Energy is constructing a 63-hectare solar park in Nees, West Jutland, Denmark.
Wheelabrator Technologies has reached financial close on the 744,000 tons per year (675,000 tonnes per year) Ferrybridge Multifuel 2 energy-from-waste facility in West Yorkshire, the second project in the Multifuel Energy Ltd.(MEL) partnership with SSE.
The International Finance Corporation IFC is mullling to provide a US$150-million financing package for the development of a 250 MW solar power plant in Madhya Pradesh.
The African Development Bank (AfDB) is mulling to fund the development of Kenya’s first coal-fired power plant. The bank is awaiting the environmental and social audits before they can release the funds.
The Asian Infrastructure Investment Bank (AIIB) has announced up to US$210 million in debt financing for the development of 11 solar power projects to tap Egypt’s renewable energy potential.
The European Commission has approved under the EU Merger Regulation the creation of a joint venture by Centerbridge Partners, L.P. of the USA and Enel S.p.A. of Italy to build a 154 MW wind farm in Greece.
The U.S. Trade and Development Agency (USTDA) has awarded a grant to Access Power, a developer, owner and operator of renewable power projects in emerging markets and its strategic partner EREN Renewable Energy a global independent power producer.
MPC Renewable Energies, a subsidiary of international investment manager MPC Capital AG, along with the project developer Ferrostaal, the Danish Climate Investment Fund (DCIF) and other project partners, has achieved financial closing for the Sainshand 55 MW onshore windpark in Mongolia, for US$120 million.
A new large-scale battery, will be built in South Australia with support from the Australian Renewable Energy Agency (ARENA).
The International Finance Corporation (IFC) and Islamic Development Bank (IDB) are mulling financing Korean Southern Power Company’s (KOSPO) and Daelim Energy’s 51.75MW wind project in Jordan.