The Green Climate Fund (GCF) has approved US$86 million financing for the Tina River hydroelectric power project, located in the Solomon Islands.
Energy Finance & Investment News in Oceania
Enel, through a joint venture between the group’s fully-owned renewable energy subsidiary Enel Green Power S.p.A. (EGP) and Dutch Infrastructure Fund (DIF), has closed an agreement to acquire Bungala Solar One, the first 137.5 MWDC phase of the 275 MWDC Bungala Solar PV project, which is currently the largest ready-to-build solar PV project in Australia, from Bungala Solar Holding Pty Ltd., a subsidiary of Australian developer Reach Solar Energy Pty Ltd.
Infigen Energy has announced that it would proceed to construction of the 113.2 MW Bodangora wind farm near Wellington in New South Wales, having achieved financial close.
First Solar, Inc. has announced that financial close has been reached for the Manildra Solar Farm in New South Wales (NSW), Australia.
The State Government of South Australia has opened a two-week Expression of Interest period for national and international companies interested in building Australia’s largest grid-scale battery in South Australia.
Edify Energy and international investor Wirsol Energy Limited have achieved the financial closure for three solar parks totalling 165 MW in Australia.
Neoen, John Laing and Megawatt Capital secure Financial Close for the final stage of Hornsdale Wind Farm (SA), one of the most competitive renewable energy projects in Australia.
Infrastructure Capital Group (ICG) has announced that it has completed the acquisition of Bald Hills Wind Farm, a 106.6MW, 52 turbine wind farm located approximately 140 miles south east of Melbourne.
The government of the Australian state of Victoria has announced a call for Expressions of Interest to build Australia's first grid scale battery storage facility.
First Solar will supply 63 MWDC of advanced thin-film photovoltaic modules to the Kidston Phase One Solar Project in Queensland which will produce approximately 145,000 MWh of electricity in its first year of operation.
Genex Power Limited has announced that it has successfully achieved Financial Close for its Kidston Solar Project Phase One 50 MW.
Equis Energy has approved the development, construction and operation of two solar projects in Australia with a total generation capacity of 200 MW.
Three projects of Neoen Australia are the first with debt financing to reach financial close under the Clean Energy Finance Corporation’s AUD250 million (US$191.5 million) large-scale solar program and the Australian Renewable Energy Agency’s AUD92 million (US$70.5 million) large-scale solar round.
AGL Energy Limited has announced that it has reached financial close on the sale of the 200 MW Silverton wind farm project in western New South Wales, to the Powering Australian Renewables Fund, a partnership between AGL, QIC and Future Fund for the development of approximately 1,000 MW of large-scale renewable energy projects.
Carnegie Clean Energy Limited has announced that it has received firm commitments for a AUD5 million (US$3.74 million) capital raise via the issue of AUD0.08 (US0.06) per share convertible notes which will be used to refinance an existing AUD500,000 working capital bank facility currently in place with its 100% owned solar/battery microgrid developer Energy Made Clean Pty Ltd.
Foresight Group, an independent infrastructure and private equity investment manager, has announced the promotion of Minal Patel, Ricardo Pineiro and Matt Smith to Partner as of 1st January 2017.
Solar developer, Fotowatio Renewable Ventures has announced it has reached financial close for its 100 MW AC (125 MW DC) Clare Solar Farm project, with construction expected to start in early 2017.
DUET Group has announced that it had received an unsolicited, indicative, incomplete, non-binding and conditional proposal from Cheung Kong Infrastructure to acquire 100% of DUET’s outstanding stapled securities at a price of AUD3.00 (US$2.2) per stapled security, payable in cash.
Singapore-based Nexif Energy has announced that it has signed agreements and is completing the acquisition of OneWind’s late stage development wind projects, the 212 MW Lincoln Gap project in South Australia and the 90 MW Glen Innes project in New South Wales.
CIMIC Group has announced the completion of the divestment of its remaining 29% investment in Nextgen Group.