Enel Green Power North America, Inc. (EGPNA), the U.S. renewable energy company of the Enel Group, has started construction of the Rattlesnake Creek wind farm in the United States. Once completed, Rattlesnake Creek will have a total installed capacity of 320 MW and will be Enel’s first wind farm in the state of Nebraska.
Sembcorp's renewable energy business Sembcorp Green Infra has been awarded a 250 MW project in India’s second nationwide wind power tender.
Nexif Energy has announced that it has reached financial close for the first stage of the Lincoln Gap Wind Farm in Australia.
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.
CHORUS Clean Energy AG has taken over Treucon Asset Management GmbH. The Berlin-based company specializes in the management of funds investing in renewable energy systems.
GE Energy Financial Services and Green Investment Group have jointly acquired the project from Svevind and invested more than €300 million in equity to finance the wind farm. For GE, it represents GE Capital's strategy to invest in and structure financing solutions in support of GE in key global growth markets.
Glennmont Partners has successfully completed the refinancing of SER portfolio for €190 million (US$ 224 million), comprised of 245 MW of installed capacity. The transaction follows last month’s successful refinancing of Glennmont’s Sleaford biomass plant in the UK worth £150 million.
Starwood Energy has finalized agreements to finance and construct the 100 MW Northwest Ohio Wind Project, located in Paulding County, Ohio.
Siemens Gamesa Renewable Energy today presented its results. Regarding fiscal year 2017, revenue increased by 5% to €10,964 million, while underlying EBIT was €774 million (-18%) with an EBIT margin of 7%.
Vattenfall has decided to invest more than €200 million (US$233 million) to repower and expand its Wieringermeer onshore windfarm in the Netherlands, the largest wind investment to date for Vattenfall in the Netherlands.
The Asian Development Bank (ADB) committed to issue a loan with sovereign guarantee for US$200 million to Ceylon Electricity Board (CEB) for the development of a 100 MW wind project on Mannar Island, Sri Lanka.
Mitsubishi UFJ Financial Group (MUFG) recently supported Brookfield Renewable in its €88 million financing of a portfolio of two onshore wind farms in Ireland. The transaction adds to Brookfield's growing European renewable platform with 1,018 MW of operating capacity.
The Kennedy hybrid project reached financial closure in September this year, a power purchase agreement for a period of 10 years with CS Energy for all of its electricity and some of the Large-Scale Generation Certificates.
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.
The Inter-American Investment Corporation (IIC), acting on behalf of the IDB Group, has signed a US$104 million financing package for Greenwind S.A., an affiliate of Pampa Energía S.A. and Castlelake L.P., to construct, operate and maintain the 100 MW Corti Wind Farm in Bahía Blanca, province of Buenos Aires, Argentina.
Financing for one of the largest wind power projects in mainland Europe has been agreed by the project’s shareholders and lenders at a ceremony in the Serbian capital of Belgrade.
Global Infrastructure Partners (GIP), an independent global infrastructure investor, has announced that its fund, Global Infrastructure Partners III - in conjunction with the Public Sector Pension Investment Board (PSP Investments), one of Canada’s largest pension investment managers, CIC Capital Corporation and a group of its other Limited Partner Co-Investors - has agreed to acquire 100 percent of the equity interests in the wind and solar renewable energy portfolio of Equis Funds Group for US$5.0 billion (including assumed liabilities of US$1.3billion).
Latin America Power Ltda (LAP) has issued US$412 million (€347.7 million) in bonds to refinance two wind farm projects located in Chile, the 184.8 MW San Juan and the 46 MW Totoral wind facilities.
The U.S. Trade and Development Agency awarded a grant to Power Engineering Consulting Joint Stock Company 2 (PECC2), a Vietnamese power engineering company, to support development of a 100 MW wind farm in southern Vietnam.
USA-based power producer and transporter, Dominion Energy has released a request for proposals (RFP) seeking qualified bidders for the development of a new photovoltaic (PV) solar generation and new onshore wind facility.