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.
Energy Finance & Investment News in Europe
Germany's Federal Network Agency (Bundesnetzagetur) is launching a new 200 MW solar tender with a bid submission deadline of June 1.
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.
EnBW Energie Baden-Württemberg AG has been successful against a field of renowned bidders in the first offshore auction in Germany with the acceptance of its bid for the 900-MW He Dreiht wind farm.
Greenko Energy Holdings (Greenko), an Indian renewable energy company, has announced the signing of definitive agreements for a primary equity raising of US$155 million from an affiliate of GIC and an entity that is ultimately wholly-owned by the Abu Dhabi Investment Authority (ADIA).
Ségolène Royal, France's Minister of Ecology, Sustainable Development and Energy, launched in February 2016 a first call for tender for the biomass/biogas sectors over a period of three years in order to give legibility to the industrialists resulting this into the designation of 14 winning projects.
ENGIE and SOPER, respectively 59% and 41% shareholders of La Compagnie du Vent, have announced the signing of a share sales agreement by which, once the usual conditions precedent are met, La Compagnie du Vent will be a wholly-owned subsidiary of ENGIE.
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).
The government of Guipuzkoa, Basque country (Spain) and Urbaser-Meridiam consortium have signed the Zubieta waste-to-energy plant PPP.
The SUSI Energy Storage Fund (SESF) has reached a first closing of €66 million (US$70 million).
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)
LUXCARA, an asset manager for renewable energy investments in Europe, has reached Financial Close for the Egersund wind farm.
Scatec Solar ASA has raised approximately NOK380 million (US$45 million) in gross proceeds through a private placement consisting of 9,380,000 new shares at a price of NOK40.50 (US$4.79) per share.
Windpark Krammer, a 102 MW wind power generation facility located in the Netherlands, has successfully reached financial close.
Conquest has completed an initial close for its renewable power fund (Conquest Renewable Yield Europe), with €115 million (US$124 million) as a result from solicitations and commitments from European institutional investors, including insurance companies, pension funds, banks, and global energy corporates.
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.
The European Investment Bank (EIB) is assessing a loan of €20 million (US$21.6 million) to support a biomass and waste gasification project in France.
Eiffel Investment Group and European Investment Bank (EIB) have announced the launch of the Eiffel Energy Transition fund with the support of a number of leading institutional investors.
St1 Nordic Oy’s Norwegian subsidiary, St1 Norge AS, has signed a contract with a consortium consisting of Vindkraft Nord AS and Ny Energi AS to establish a company aiming to develop two wind park projects in northern Norway.