Terra Firma has announced the completion of the sale of the Infinis Group’s onshore wind assets to institutional investors advised by J.P. Morgan Asset Management.
Energy Finance & Investment News in UK (United Kingdom)
EFG Hermes has announced that Vortex, the European renewable energy platform managed by its private equity division, reached financial close today on its 100% acquisition of a 365 MW portfolio of 24 operational solar assets in the UK from TerraForm Power.
Enel has purchased the Tynemouth stand-alone battery energy storage system (BESS) project located in Newcastle, in UK, by acquiring 100% of the shares in Tynemouth Energy Storage Limited from the European based energy developer and operator Element Power.
DONG Energy has announced that Burbo Bank Extension offshore wind farm has been inaugurated in Liverpool (UK).
Belltown Power has announced that it has concluded the refinancing of Tirgwynt wind farm with senior debt provided by Barclays.
Octopus Investments Limited, the specialist alternatives manager has announced the successful close of the energy fund Renewable Energy Income Partnership at c.£300 million.
EFG Hermes and Malaysian and Tenaga Nasional Berhad (TNB), have reached the closure on its 100% acquisition of a 365 MW portfolio of 24 operational solar assets in the United Kingdom from TerraForm Power.
First State Investments has announced its European Diversified Infrastructure Fund II completed its first fundraising series reaching its target of €700 million (US$767 million) from global institutional investors.
Four wave energy technology developers are to be awarded a total of £2.84 million (US$3.67 million) by Wave Energy Scotland (WES) after successfully competing to join stage two of an innovative technology development programme.
NTR has announced that it has successfully completed a £55 million (US$71.1 million) refinancing of existing debt facilities of the Twin Rivers windfarm, a 29 MW windfarm located in Yorkshire, England, with MUFG’s core banking unit.
SNC-Lavalin Group Inc.has announced the closing of CAD880 million (US$647 million) public offering of subscription receipts and US$400 million (US$294 million) private placement of subscription receipts that will be used to finance the anticipated adquisiton of WS Atkins plc.
Octopus Energy Investments, an owners of solar assets in the UK, has secured £484 million (US$621 million) refinancing of debt attached to dozens of solar projects across England and Wales.
A Macquarie-led consortium, comprising Macquarie Group Limited, Macquarie European Infrastructure Fund 5 (MEIF5) and Universities Superannuation Scheme (USS), has agreed to acquire the UK Green Investment Bank plc (Green Investment Bank) from the UK govenment for £2.4 billion (US$3.1 billion).
BT Group Plc, UK communications services company, has signed a £185 million (US$237 million) deal to buy power from the 30 MW Stroupster wind farm in Scotland to further support the provision of new renewable energy in the UK.
JDR, a supplier of subsea power cables to the global offshore energy industry, has been awarded a contract to supply intra-array cables for the 714-MW East Anglia One project.Tata Steel’s Hartlepool SAW Mill has secured an order to supply 4,400 tons of Structural Pipe for the turbine foundations.
Ancala Partners LLP, an independent mid-market infrastructure investment manager, has announced that it has raised £51 million (US$63.6 million) of debt facilities for Green Highland Hydro (GHH), the asset ownership vehicle for hydroelectric power assets developed by Green Highland Renewables (GHR).
Cory Riverside Energy, one of the UK’s resource management, recycling, and energy recovery companies, has announced the completion of a £520 million (US$652 million) debt-refinancing package for its Riverside Energy from Waste (EfW) plant in Belvedere, East London.
TRIG, The Renewables Infrastructure Group Ltd, is considering the potential acquisition of a battery storage project and a Welsh wind farm in Scotland for a total amount of £100 million (US$125 million)
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.
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.