Alpek and ContourGlobal have entered into a 60-day exclusivity period to conduct confirmatory due diligence and negotiate final agreements in relation to ContourGlobal’s potential acquisition of Alpek’s cogeneration power plants in Cosoleacaque and Altamira, Mexico.
Banca IMI as Agent Bank, Mediocredito Italiano S.p.A., UBI Banca S.p.A. and Cassa dei Risparmi di Forlì e della Romagna S.p.A. has providede €60 million (US$ 70,37 million) project financing for a 25.2 MW biomass plant located in Sant’Agata di Puglia Municipality in Foggia, Apulia Region, Italy.
The sale of the Gainesville Renewable Energy Center biomass plant in Florida has been closed by consortium led by private equity fund manager Starwood Energy Group Global to the City of Gainesville for US$750 million.
Iona Capital has announced the first close of the Iona Environmental Infrastructure LP 3, a £250 million 15 year limited life pooled investment vehicle.
Copenhagen Infrastructure Partners (CIP) has completed the refinancing of its interest in two biomass power plants in the UK on behalf of the fund Copenhagen Infrastructure I K/S (CI I).
The Ministry of Energy and Mining has opened the tender for Round 2 of the RenovAr Program in order to promote fulfillment of the targets imposed to achieve 8% participation of renewable energy sources in the electricity grid for December 2017, and 20% for 2025.
Japan Renewable Energy Corporation (JREC) has signed ¥11.7 billion (US$104 million) project financing with a group of Japanese banks for a 24 MW wood biomass power plant in Kamisu, Ibaraki Prefecture (Japan).
The Gainesville City has signed an “asset purchase agreement” for the purchase the Gainesville Renewable Energy Center (GREC). The total value of the transaction is US$750 million.
The Government of Argentina has launched the RenovAr Ronda 2 national auction, comprising 1,200 MW of renewable energy capacity.
The European Commission (EC) has given a green light to the Vilnius combined heat and power (CHP) plant project
The European Commission (EC) has given the go-ahead to the Vilnius combined heat and power (CHP) plant project developed by the state-run energy holding Lietuvos Energija.
Nordic Investment Bank (NIB) invested has invested €25 million (US$29 million) in subscribing to Lithuania’s first green bond issuance made by the country’s leading energy company Lietuvos Energija.
Copenhagen Infrastructure Partners’ new fund Copenhagen Infrastructure III has reached its third close with total commitments reaching €1.9 billion (US$2.2 billion), after only 4 months of fundraising.
With a new 20-year agreement recently concluded between Novo Nordisk, Novozymes, Kalundborg Forsyning and DONG Energy, a sustainable alternative has been found to Denmark's largest coal-fired power station unit, enabling a complete phase-out of coal in a DKK 1.2 billion ($180 million) development.
China Everbright Greentech Limited has announced that it has secured Wendeng Biomass Electricity and Heat Cogeneration Project.
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 Group has signed three partnership agreements in Jakarta to develop, co-finance, build, operate and maintain microgrid and other renewable energy projects in various parts of Indonesia, for a total value of US$1.25 billion over the next five years.
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.
China Everbright International Limited has announced that it has recently secured three greentech projects, including the Henan Sheqi Integrated Biomass and Waste-to-Energy Projects and the Jiangsu Lianshui Biomass Electricity and Heat Cogeneration Project, with a total investment of CNY857 million (US$124 million).
Harbour City Solutions consortium has been selected as the preferred proponent to design, build, finance, operate and maintain, a biosolids management project for the City of Hamilton, Ontario (Canada).