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.
Energy Finance & Investment News in UK (United Kingdom)
Iona Capital has announced the first close of the Iona Environmental Infrastructure LP 3, a £250 million 15 year limited life pooled investment vehicle.
Copenhagen Infrastructure Partners (CIP) has completed the refinancing of its interest in two biomass power plants in the UK on behalf of the fund Copenhagen Infrastructure I K/S (CI I).
Triodos Bank, Europe’s leading sustainable bank, has provided £17.9 million (US$23.6 million) of loans to two UK solar projects for Spanish developer Gamma Solutions SL.
M&G Investments, an international asset manager, has announced the launch of a global equity infrastructure fund which aims to provide investors with both a growing income stream and long-term capital appreciation.
Schroders has launched its first UK-dedicated infrastructure debt fund, with a focus on UK pension funds and insurance companies.
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.
DONG Energy has been awarded a contract to build the Hornsea Project Two offshore wind farm, at the lowest-ever price for offshore wind in the UK.
Tidal Lagoon Power has secured the grid connection for a 3,240MW capacity tidal lagoon located between Cardiff and Newport. The project is expected to generate among the cheapest electricity of all new power stations in the UK.
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.
UK investment fund Basalt Infrastructure Partners II LP has established a new platform to invest in small-scale solar projects in Italy.
Mitsubishi UFJ Financial Group (MUFG) will provide project financing for the 39.1MWTom Nan Clach CfD windfarm project in Scotland.
Invenergy, the North-American privately-held renewable energy company, has announced the sale of its Corriegarth Wind Energy Center to Greencoat UK Wind PLC.
Further to the announcement of 20 April 2017, a Macquarie-led consortium comprising Macquarie Group Limited (Macquarie), Macquarie European Infrastructure Fund 5 (MEIF5) and Universities Superannuation Scheme (USS) has successfully completed the acquisition of the UK Green Investment Bank Limited (GIB) from the Government of UK for £2.3 billion (US$2.95 billion).
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.
RES (Renewable Energy Systems) has announced the acquisition of its 20MW energy storage project in Broxburn, West Lothian, by The Renewables Infrastructure Group (TRIG), a London-listed investment company advised by InfraRed Capital Partners.
Iberdrola subsidiary ScottishPower Renewables has received planning approval from the Secretary of State for Business, Energy and Industrial Strategy (BEIS), for the East Anglia III offshore windfarm in UK with an output capacity of up to 1,200 MW.
The Scottish Government has announced that it has invested a further £1.5 million (US$1.95 million) in the Carbon Trust’s world-leading collaborative research, development and demonstration (RD&D) programme – the Offshore Wind Accelerator (OWA).