Statkraft has announced the sale of its minority stakes in the 402 MW Dudgeon and the 317 MW Sheringham Shoal offshore wind parks in UK waters.
Energy Finance & Investment News in UK (United Kingdom)
A fund managed by BlackRock Real Assets has completed the acquisition of a 100% interest in two construction ready wind projects in the UK from REG Power Management, an experienced UK renewable energy developer.
German outfit Nord LB and Bank of Ireland have provided a £90 million (US$109.8 million) senior debt package to complete five wind farms of Energia Renewables' 73MW portfolio of onshore wind in Northern Ireland.
The European Investment Bank (EIB) is considering to grant Atlantis Resources Ltd a €10 million (US$10.64 million) loan for the 6 MW MeyGen Phase 1B tidal stream project in Scotland.
Ofgem has invited companies to submit bids to own and run links to two offshore wind farms. The links will connect the Galloper wind farm off the east coast of England, and the Walney Extension wind farm in the Irish Sea.
Actis has announced that it has reached final closing on its fourth energy fund Actis Energy 4 (AE4) with commitments hitting a hardcap at US$2.75billion.
Iona Capital, through its North West Environmental Infrastructure Fund and through Iona Environmental Infrastructure Funds 1 and 2, has committed £130 million (US$158 million) of investment into new and existing environmental infrastructure projects in the UK’s Northern Powerhouse.
Ofgem has announced shortlists of bidders competing to own and operate transmission links to the Dudgeon, Rampion and Race Bank wind farms off the coasts of Norfolk and Sussex (UK), totalling 1,375 MW. The following 6 bidders have been shortlisted.
Macquarie Infrastructure Debt Investment Solutions (MIDIS) has structured new long-term debt facilities for Durham-headquartered Banks Renewables, the renewable energy division of the Banks Group, delivering over £140 million (US$172 million) of infrastructure project financing debt on behalf of its investors.
Triodos Bank has provided over £3 million (US$3.7 million) in project finance to Danish Better Energy for a ground-mounted solar farm in Creswell, Derbyshire.
BlackRock has announced the acquisition of two operational solar projects in the UK from IB Vogt, a German PV solar developer.
Pensions Infrastructure Platform (PiP), a dedicated infrastructure investment manager, has announced that it has reached an agreement with Trina Solar to acquire six 5MW solar farms following the successful conclusion of each farm’s construction phase.
NTR has added a further 25 MW to its NTR Wind 1 Fund with the acquisition of Castlecraig wind farm in Northern Ireland, the third such acquisition of pre-construction wind assets by NTR from renewable energy developer RES.
Terra Firma has announced that the Infinis Group has entered into an agreement to sell the companies which together own the onshore wind assets of the Infinis Group, to institutional investors advised by J.P. Morgan Asset Management.
SL Capital Partners has announced the final close of its inaugural infrastructure fund, SL Capital Infrastructure Fund I.
Allianz Global Investors has announced that the Allianz Renewable Energy Fund 2 has added three British solar parks to its portfolio. The three solar parks are located in Cambridgeshire, Worcestershire and Norfolk.
Foresight Solar Fund Limited has announced that it has completed its largest acquisition to date with the purchase of a 100% interest in a 50MW alternating current export capacity operational UK solar asset, representing 72 MW of installed peak capacity.
Green Breeze Energy Ltd, a joint venture between GreenPower (International) Ltd and Thrive Renewables plc has concluded financing arrangements for its Drumduff Wind Farm situated in West Lothian, central Scotland.
Allianz Global Investors,has announced the launch its second UK Infrastructure Debt Fund later this year. The fund, aimed at institutional investors, will invest in long-term, investment grade, core UK infrastructure assets, including primary brownfield and greenfield transactions within the transport, energy and social infrastructure sectors.
Northleaf Capital Partners has announced that it has held the final closing for its second OECD-focused pooled infrastructure fund, Northleaf Infrastructure Capital Partners II (NICP II), at its US$950 million hard cap.