The European Union is mulling signing a €18 million (US$ 21 million) financing agreement to support renewable energy in Cuba.
DIF has announced the final close of DIF Core Infrastructure Fund I at the hard cap of € 450 million (US$ 527,83 million).
The president of the Brazilian Development Bank (BNDES), Paulo Rabello de Castro, and the vice-president for Countries of the Inter-American Development Bank (IDB), Alexandre Meira da Rosa, have signed an agreement of a conditional credit line worth USD 2.4 billion to fund infrastructure and sustainable energy projects and productive projects of small and medium companies.
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.
WRB Serra Partners has successfully completed the closing of WRB Serra Partners Fund I, L.P. with committed capital of US$46.5 Million. The fund secured capital from a mix of family office and institutional investors and the Overseas Private Investment Corporation.
IFC, a member of the World Bank Group, today issued a 5-year green bond that raised US$1billion for climate-smart investments in emerging markets, amid surging investor demand.
Innogy has signed a stand-alone credit agreement of €2 billion and has issued its inaugural corporate green bond of €850 million (US$1 billion) to refinance wind energy projects in Europe
M&G Investments, an international asset manager, has announced the launch of a global equity infrastructure fund which aims to provide investors with both a growing income stream and long-term capital appreciation.
PFA Pension has committed US$100 million to the The Africa Infrastructure Fund, thus totaling the commitments from A.P. Moller Holding and the other anchor investors PKA, Pension Denmark and Lægernes Pension (The Medical Doctor’s Pension Fund) to US$650 million.
Following DONG Energy's profound strategic transformation from black to green energy and the recent divestment of the upstream oil and gas production, the company has decided to change its name to Ørsted.
The Asian Infrastructure Investment Bank (AIIB) has invested US$150 million in the IFC’s Emerging Asia Fund and co-financing a project with the Asian Development Bank (ADB) to improve energy connectivity in India by strengthening its power transmission system.
The EDF Group is launching its new subsidiary Agregio, in order to help electricity producers who create renewable energy and businesses who can adapt their patterns of consumption to make use of it.
Fortum has announced its intention to launch a voluntary Public Takeover Offer, comprising a cash offer to all Uniper shareholders with a total value of €22 per share.
Prime Minister Edouard Philippe has announced that the French government plans to invest €20 billion in an energy transition plan.
ABB has announced the acquisition of GE Industrial Solutions, GE’s global electrification solutions business. ABB would close the deal for US$2.6 billion
Schroders has launched its first UK-dedicated infrastructure debt fund, with a focus on UK pension funds and insurance companies.
Mainstream Renewable Power is making a number of changes to its senior management structure. Under the new structure, Mr Kinsella will take on responsibility for the running of the Group, its strategy and direction.
Sembcorp Utilities has entered into an agreement to acquire IDFC Private Equity Fund III (IDFC)’s remaining stake in Sembcorp Green Infra (SGI), for INR14 billion (US$218 million). With this, Sembcorp will become the sole owner of SGI.
True Green Capital Management LLC (TGC), an institutional asset manager specializing in distributed power generation, with a current focus on commercial photovoltaic solar, announced it has closed its latest discretionary fund, True Green Capital Fund III, L.P.