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.
Energy Finance & Investment News in Singapore
Greenko Energy Holdings (Greenko) has announced that it has entered into a definitive purchase agreement with AT Capital Group for the acquisition of Orange Renewables Singapore, for a total enterprise value of approximately US$922 million.
Macquarie Infrastructure and Real Assets (MIRA), a division of Macquarie Group, has announced the close of its second Asian regional infrastructure fund at its hard cap of $US3.3 billion in investor commitments.
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).
Conergy Asia & ME and its subsidiaries have announced that certain funds managed by Tennenbaum Capital Partners (TCP) and Goldman Sachs BDC (GSBD), a business development company managed by Goldman Sachs Asset Management (GSAM) have signed a definitive agreement that acquired the company from Kawa Solar Holdings.
Sembcorp Industries has announed the acquisition of 49% shares in Changi Mega Solar, which is currently developing a 3.6 MW grid-tied solar photovoltaic system on the rooftop of SATS Airfreight Terminals 5 and 6 near Singapore Changi Airport.
The Swiss Investment Fund for Emerging Markets (SIFEM), the development finance institution of the Swiss Confederation, has announced it has invested US$10 million in the Renewable Energy Asia Fund II (REAF II).
Singapore’s Housing & Development Board (HDB) has called a solar leasing tender aggregating demand for the installation of solar panels across nine government organizations on 10 October 2016, as part of the SolarNova programme led by the Singapore Economic Development Board (EDB).
The global law firm Jones Day has announced the addition of five partners in Asia with extensive experience related to large infrastructure projects, banking and finance, and energy transactions. James Harris, Julien Reidy, Bruce Schulberg, and Alex Cull will join in Singapore, and Kanyi Lui will join in Beijing (China).
Hyflux and Mitsubishi Heavy Industries (MHI), through its project company, TuasOne Pte Ltd (TuasOne), have achieved financial close for the project financing of TuasOne Waste-to-Energy (WTE) plant in Singapore.
Berkeley Energy successfully reached a first close of its Renewable Energy Asia Fund II with US$112m of committed capital for its 10 year closed end fund.
On May, 1st, 2016 Raghuram Natarajan, currently juwi's Director of Commercial Management for the Region, will take over the position of Regional Director of Asia Pacific from Amiram Roth-Deblon.
The AES Corporation, through its subsidiary, AES Energy Storage, and Mitsubishi Corporation today announced the signing of an alliance agreement under which Mitsubishi Corporation will work with AES and its local partners to offer the Advancion® energy storage platform in Asia and Oceania.
According to sources, a fund owned by Macquarie is likely to acquire to acquire more than 40 per cent of Universal Terminal Pte from its existing shareholders.
Canadian Solar has raised a final tranche of $80.0 million under its previously announced two-year senior secured term loan arranged by Credit Suisse AG.
Singapore’s National Environment Agency (NEA) and a team comprising Hyflux and Mitsubishi Heavy Industries (MHI) have signed a waste-to-energy (WTE) PPP project in Tuas.
Canadian Solar Inc. today announced that it has signed a $100.0 million two-year senior secured term loan arranged by Credit Suisse AG, Singapore Branch.
Singapore-based Asia-focussed renewable-energy developer and investor, Asia Green Capital Partners Pte Ltd, has appointed Standard Chartered Bank as its financial advisor for a fund raising exercise, according to a press release of the firm.
Kohli Ventures has invested in Zynergy, a Singapore headquartered renewable energy company offering end-to-end solar solutions.
Carmanah Technologies Corporation has announced the completion of its acquisition of the Sabik Group of Companies.