The European Investment Bank (EIB) board has approved €4.3 billion (~US$5 billlion) in financing for the development of energy projects, including renewables, in Europe and India.
Energy Finance & Investment News in France
Engie has announced it has agreed to acquire a 23% stake in Moray Offshore Windfarm (East) Limited (MOWEL) from EDPR UK Limited, an EDP Renováveis S.A subsidiary.
Omnes Capital has announced the final closing of its Capenergie 3 fund for a total amount of €245 million (US$280 million). The third-generation fund, dedicated to European renewable energy infrastructure investments, has exceeded its target size of €200 million (US$228 million).
Pursuant to the agreement of May, 10th with FUTUREN, EDF Energies Nouvelles has announced it has completed the acquisition of 67.2% stake in the company.
Sonnedix has strengthened its presence in France through the acquisition of Aloe Energy, a Solar PV developer and operator with 67 MW in operation as well as a pipeline of projects under development and construction.
Innergex Renewable Energy has announced it has completed the previously announced acquisition of three wind projects in France with a total aggregate installed capacity of 119.5 MW.
French regulator Commission de Régulation de l'Energie (CRE) has pre-selected bidders to take part in a competitive dialogue which will define the bidding conditions for France's third offshore wind tender.
The Caisse des Dépôts and MERIDIAM have signed their investment in the project company "Groix & Belle-Île floating wind turbines", a major milestone for the development of the French wind farm project.
EDF Energies Nouvelles entered into a preliminary agreement opening a period of exclusive talks with FUTUREN’s controlling shareholders, which together own 61.6% of its ordinary shares and 96.0% of its convertible bonds (OCEANEs).
Ségolène Royal, France's Minister of Ecology, Sustainable Development and Energy, launched in February 2016 a first call for tender for the biomass/biogas sectors over a period of three years in order to give legibility to the industrialists resulting this into the designation of 14 winning projects.
ENGIE and SOPER, respectively 59% and 41% shareholders of La Compagnie du Vent, have announced the signing of a share sales agreement by which, once the usual conditions precedent are met, La Compagnie du Vent will be a wholly-owned subsidiary of ENGIE.
The European Investment Bank (EIB) is assessing a loan of €20 million (US$21.6 million) to support a biomass and waste gasification project in France.
Eiffel Investment Group and European Investment Bank (EIB) have announced the launch of the Eiffel Energy Transition fund with the support of a number of leading institutional investors.
DIF and its co-shareholders Caisse des Dépôts and Solairedirect complete refinancing of a 34 MWp ground-mounted solar PV portfolio.
Sofinnova Partners, a Paris, France-based venture capital firm specialized in life sciences, held the first closing of its latest fund, Sofinnova Industrial Biotech I (Sofinnova IB I), at €106 million (US$112,7 million).
ENGIE and EDPR have confirmed their ambitions in offshore wind to establish a wind farm offering capacity of 250 to 750 MW, off the coast of Dunkirk, in France.
Innergex Renewable Energy Inc. has completed the acquisition of the 44 MW Yonne wind farm located in northern France.
The shareholders of Fonroche, a key player in the renewable energy sector, have announced the spin-off of the company’s businesses into two separate groups.
France has unveiled plans to tender 3GW of onshore wind capacity to be delivered over the next three years.
BayWa r.e. has successfully sold the wind farm St Fraigne, some 140 kilometres North of Bordeaux, to FPCI Capenergie 3 fund managed by Omnes Capital.