Nexif Energy has announced that it has reached financial close for the first stage of the Lincoln Gap Wind Farm in Australia.
Energy Finance & Investment News in Australia
RES Australia announced Emerald Solar Park has reached financial close for both equity and debt on October 24, 2017.
The Kennedy hybrid project reached financial closure in September this year, a power purchase agreement for a period of 10 years with CS Energy for all of its electricity and some of the Large-Scale Generation Certificates.
Global Infrastructure Partners (GIP), an independent global infrastructure investor, has announced that its fund, Global Infrastructure Partners III - in conjunction with the Public Sector Pension Investment Board (PSP Investments), one of Canada’s largest pension investment managers, CIC Capital Corporation and a group of its other Limited Partner Co-Investors - has agreed to acquire 100 percent of the equity interests in the wind and solar renewable energy portfolio of Equis Funds Group for US$5.0 billion (including assumed liabilities of US$1.3billion).
Indian energy utility Adani Group has received the go-ahead for the construction of its 140-megawatt solar farms in Whyalla.
Foresight Solar Fund Limited has entered into a binding contract to acquire its first asset outside of the UK with a commitment to acquire 48.5% of the share capital of Bannerton Solar Farm in Victoria, Australia.
Fotowatio Renewable Ventures (FRV) has announced the financial close of the 100 MWac Lilyvale Solar Farm, located near Emerald in Queensland.
WIRSOL Energy Pty Ltd. part of WIRCON group, has started yet another new utility scale solar project in Australia. The company plans to start construction during Q4 2017, delivering an overall DC installed capacity of approx. 110MW.
The Goverment of Queensland has shortlisted a total of 5 companies for the development of the Aldoga renewable energy project, with a projected capacity of 450 MW.
A new large-scale battery, will be built in South Australia with support from the Australian Renewable Energy Agency (ARENA).
The State Government of South Australia is calling for expressions of interest (EOI) from businesses interested in accessing a share of a AUD150 million (US$119 million) Renewable Technology Fund (RTF).
The Queensland Government’s auction for 400MW of large-scale renewable energy generation and storage has attracted interest from more than 200 business, including project developers, investors and local small businesses.
The Australian Government has confirmed an agreement between the Australian Renewable Energy Agency (ARENA) and Snowy Hydro had been reached to drive planning for the construction of the project and insight for future pumped hydro projects into the future.
The southern Australian state of Victoria has unveiled the first of its large scale renewable energy auctions in the first major move towards the country's most ambitious renewable energy target of 40% by 2025.
AMP Capital has reached final close on the AMP Capital Infrastructure Debt Fund III (IDF III), raising US$2.5 billion for the mezzanine debt strategy, an additional US$800 million in co-investment rights and securing a further US$800 million from investors who want access to its deal capabilities.
AGL Energy (AGL) has announced that the 453 MW Coopers Gap wind farm is set to proceed to construction having achieved financial close with the sale of the project to the Powering Australian Renewables Fund (PARF).
Australian-based energy developer Genex Power has received first-round board approval from the Northern Australia Infrastructure Facility (NAIF) for potential debt funding of its stage 2 large-scale solar and hydro pumped storage projects, which are part of the Kidston Renewable Energy Hub, in Northern Queensland.
Equis Energy, Asia‐Pacific’s largest renewable energy IPP, has received approval from the Western Downs Regional Council in Queensland, Australia to develop the 1,000 MW Wandoan South Solar Project (WSSP), one of the largest solar projects in Australia and the world.
The Western Australian government has launched a request for proposals (RFP) for a cutting-edge energy project in Western Australia's Great Southern, the Albany Wave Energy project.