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Energy Finance & Investment News in UK (United Kingdom)

Emerging Africa Infrastructure Fund raises US$385 million

Emerging Africa Infrastructure Fund raises US$385 million

🕔Apr 11, 2018

The Emerging Africa Infrastructure Fund (EAIF), managed by Investec Asset Management (IAM), has announced that it has successfully completed its latest fundraising round, raising US$385 million in new long-term debt capital to invest in Africa. 

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EDPR sells 33.4% interest in 950 MW offshore wind project in the UK

EDPR sells 33.4% interest in 950 MW offshore wind project in the UK

🕔Apr 5, 2018

EDP Renewables S.A. (EDPR), through its subsidiary EDPR UK Limited (EDPR UK), has closed the sale of a 20% stake in the Moray Offshore Windfarm (East) Limited (MOWEL) to Diamond Generating Europe Limited (DGE), a wholly owned UK-based subsidiary of Mitsubishi Corporation.

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300 MW open cycle gas turbine project in UK reaches financial close

300 MW open cycle gas turbine project in UK reaches financial close

🕔Mar 6, 2018

InterGen has announced the financial close of credit facilities for its 300 MW natural gas-fired Spalding Energy Expansion project in Spalding, Lincolnshire, England. The project involves the installation of an open cycle gas turbine unit at the company's existing gas-fired power station.

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IPPToday #164: Funding announced for 1.4 GW Germany-UK transmission project

IPPToday #164: Funding announced for 1.4 GW Germany-UK transmission project

🕔Feb 27, 2018

A consortium comprising Meridiam, Allianz Capital Partners, on behalf of Allianz Group, and Kansai Electric Power have announced that they will fund NeuConnect Britain Ltd, a newly set up operating company, which will build the first direct power link between Germany and the UK.

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Ørsted confirms 50% farm-down of 1.2 GW Hornsea 1

Ørsted confirms 50% farm-down of 1.2 GW Hornsea 1

🕔Feb 26, 2018

Ørsted has confirmed that it is in exclusive discussions regarding a 50% farm-down of the Hornsea One offshore wind farm. This will be the largest operating offshore wind farm in the world once commissioned in 2020.

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IPPToday #162: Vattenfall to use HVDC technology for UK offshore wind projects

IPPToday #162: Vattenfall to use HVDC technology for UK offshore wind projects

🕔Feb 23, 2018

Vattenfall has announced plans to deploy High Voltage Direct Current (HVDC) cable technology to connect Norfolk Vanguard offshore wind farm and its sister project Norfolk Boreas to the UK National Grid. 

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Greencoat acquires 24 UK solar projects from Canadian Solar

Greencoat acquires 24 UK solar projects from Canadian Solar

🕔Feb 23, 2018

Canadian Solar Inc. has announced that it has completed the sale of a 142MWp solar portfolio to Greencoat Solar II LP fund, which is managed by Greencoat Capital LLP, a renewable and resource efficiency asset manager headquartered in London.

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Veolia granted planning permission for waste-to-energy plant in Hertfordshire

Veolia granted planning permission for waste-to-energy plant in Hertfordshire

🕔Jan 17, 2018

Veolia's plans to develop a new high efficiency Energy Recovery Facility (ERF) in Hertfordshire, in the south of the UK, have been approved by Hertfordshire County Council.  It will generate up to 33.5 MW of electricity from 350,000 tonnes of potential residual waste (that cannot be reused, recycled or composted) produced in the county each year.

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Foresight acquires Anaerobic Digestion plants and composting assets in the UK

Foresight acquires Anaerobic Digestion plants and composting assets in the UK

🕔Jan 15, 2018

Foresight Group LLP has announced the completion of the acquisition of an operational portfolio of two large scale Anaerobic Digestion (AD) plants and seven composting assets for an undisclosed sum. The sites are located across East Anglia and the East Midlands regions of the UK.

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Emerging Africa Infrastructure Fund secures US$100 million loan from AfDB

Emerging Africa Infrastructure Fund secures US$100 million loan from AfDB

🕔Dec 20, 2017

In a bid to reduce the huge infrastructure financing gap in Sub-Saharan Africa, the African Development Bank has approved US$100 million to The Emerging Africa Infrastructure Fund (EAIF), a public private partnership company.

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Quinbrook buys UK gas-fired peaker portfolio

Quinbrook buys UK gas-fired peaker portfolio

🕔Dec 11, 2017

Quinbrook Infrastructure Partners, a global investment manager specializing in lower carbon and renewable energy infrastructure, has acquired an 84 MW gas-fired power project portfolio located across four sites in England and Wales.

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Cory unveils plans for second London EfW plant

Cory unveils plans for second London EfW plant

🕔Dec 6, 2017

Cory Riverside Energy has revealed ambitious plans to build an integrated, low-carbon energy park at its site in Belvedere, south-east London.

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UK 690 MW onshore wind firm officially launched

UK 690 MW onshore wind firm officially launched

🕔Dec 1, 2017

Ventient Energy Ltd, the UK’s third largest generator of onshore wind energy, and the largest non-utility owner of onshore wind, was officially launched last Monday.

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IPPToday #109: Ofgem selects preferred bidder for owning the link to the Dudgeon Offshore Wind Farm

IPPToday #109: Ofgem selects preferred bidder for owning the link to the Dudgeon Offshore Wind Farm

🕔Nov 30, 2017

Ofgem has appointed Transmission Capital Partners as the preferred bidder to own and operate the high-voltage transmission link to the Dudgeon Offshore Wind Farm for the next 20 years. 

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EUR-1bn green bond by Iberdrola to refinance UK renewables

EUR-1bn green bond by Iberdrola to refinance UK renewables

🕔Nov 29, 2017

Iberdrola has successfully placed its first issue of green hybrid bonds on the Euromarket, valued at €1 billion (US$ 1.19 billion). The proceeds obtained from it will be used to refinance investments in different renewable projects in the United Kingdom.

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Platina Energy sells 70-MW wind portfolio in UK

Platina Energy sells 70-MW wind portfolio in UK

🕔Nov 28, 2017

Platina Energy Partners has sold a 70 MW portfolio of five operating wind farms to entities managed by Gravis Capital Management for approximately £52 million (US$ 69,30 million) plus the assumption of the existing debt.

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Infracapital closes its first greenfield fund

Infracapital closes its first greenfield fund

🕔Nov 27, 2017

Infracapital, the infrastructure equity investment arm of M&G Investments, has successfully reached a final closing of its latest fund, Infracapital Greenfield Partners I LP, with total commitments of £1.25 billion (US$ 1,65 billion).

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IPPToday #106: Danish pension funds close on US$2.7B acquisition of Walney Extension offshore wind project

IPPToday #106: Danish pension funds close on US$2.7B acquisition of Walney Extension offshore wind project

🕔Nov 24, 2017

Danish pension funds, Pensionskassernes Administration (PKA) and PFA Pension have close £2 billion (US$2,7 billion) acquisition of 50% stake in 660 MW Walney Extension offshore wind farm.

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ESB plans 800 MW of Scottish clean energy projects from new office

ESB plans 800 MW of Scottish clean energy projects from new office

🕔Nov 21, 2017

ESB has officially opened an office at George Street Glasgow today, from where it will continue to develop high quality renewable energy generation projects in Scotland.

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Octopus expands solar portfolio refinancing

Octopus expands solar portfolio refinancing

🕔Nov 13, 2017

Octopus Investments has expanded the landmark £484 million solar portfolio refinancing it closed earlier this year, further expanding the biggest deal of its kind in the European solar sector.

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