Amprion and Open Grid Europe (OGE) have presented plans to develop a power-to-gas plant with around 100 MW installed capacity including hydrogen infrastructure.
Energy Finance & Investment News in Europe
Drax Group has announced that the bioenergy carbon capture and storage (BECCS) pilot project at Drax Power Station in north-east England has started capturing carbon dioxide.
NextEnergy Solar Fund (NESF) has announced that it has entered into a partnership with Zestec Asset Management Limited for the future acquisition of operating solar plants to be installed on commercial properties.
The European Investment Bank (EIB) has approved EUR25 million (US$28.5 million) financing for Sonnen GmbH, a German producer of high-tech battery storage systems for private households and small businesses for use in combination with a solar photovoltaic installations.
Eclipse Power has announced the completion of a long-term funding deal with Octopus Investments, which will allow the company to expand its operations and provide further investment into the UK’s electricity grid infrastructure.
Marine energy developer Minesto has concluded its warrants program of series TO 2. In total, 98% of outstanding warrants were exercised, which means that Minesto will add approximately SEK44.4 million (US$4.92 million) in proceeds before issue costs to the commercialisation activities of the company’s unique subsea kite technology.
Hitachi, Ltd. has announced plans to strengthen its alliance with ENERCON GmbH as part of a restructure of its wind turbine business.
Audax Renovables S.A. has announced that it has signed a power purchase agreement (PPA) with WElink Investment Holdings for photovoltaic solar installations developed by WElink Group in Spain and Portugal, with a total installed capacity of up to 708 MW.
Centrica plc has announced that it has entered into a long-term contract to trade and balance 76.7% of the electricity generated from the 950 MW Moray East offshore wind farm.
RGREEN INVEST has announced that it has successfully closed the fundraising of its Nouvelles Energies fund at EUR124 million (US$141.2 million), exceeding its fundraising target of EUR100 million (US$113.9 million) in six months.
BayWa r.e. has announced that it has secured a contract for the operations and maintenance (O&M) of thirteen UK solar farms on behalf of Octopus Investments.
innogy SE has announced that it has signed an agreement with Primus Group to acquire a solar portfolio with a total capacity of over 50 MWp. The portfolio consists of six solar parks in different stages of development in Thuringia, central Germany, and Bavaria, southern Germany.
The Trans Adriatic Pipeline (TAP) successfully completed financial close in December 2018, securing EUR3.9 billion (US$4.44 billion) - the largest project finance agreed for a European infrastructure project in 2018.
IPPToday #345: NBT and Total Eren raise US$175 million for largest renewable energy project in Ukraine
NBT AS and Total Eren SA have signed definitive financing agreements for the first phase of a 250 MW wind project located in the Kherson region of Ukraine, signifying the first internationally financed large-scale wind farm in Ukraine.
innogy and the Nordex Group have jointly announced plans to develop 1.7 GW wind projects between 2019 and 2022.
Eneco, Boralex, Van Oord and Diamond Generating Europe Limited (DGE), a fully owned subsidiary of Mitsubishi Corporation, have announced that they are joining forces to submit a bid to develop a 500 MW offshore wind farm off the coast of Dunkirk, north-west France.
Parkwind and ESB have announced that they are partnering to develop new offshore wind farms in the Republic of Ireland.
Enel Finance International N.V. (EFI), an Enel Group finance company controlled by Enel S.p.A., has successfully placed its third green bond on the European market, reserved for institutional investors and backed by a guarantee issued by Enel.
NTR has announced that its Renewable Energy Income Fund II has acquired a portfolio of just over 200 MW of operational and pre-construction onshore wind projects in Sweden and Finland.
Grid operator TenneT and wind farm developer Vattenfall have signed agreements for the offshore grid connection for the Hollandse Kust Zuid I and II wind farms.