Falck Renewables S.p.A. announced today that it has entered into an agreement with Svelgen Kraft Holding AS, a Norwegian power generation company, to acquire a majority participation into Vestavind Kraft AS, a company holding two wind power consented projects in Norway – Hennøy and Okla with capacity of approximately 70MW.
The European Investment Bank (EIB) board has approved €4.3 billion (~US$5 billlion) in financing for the development of energy projects, including renewables, in Europe and India.
KGAL has announced the first closing of its core plus European renewable fund ESPF 4. With €255 million (US$294 million) of committed equity, the Luxembourg-based SICAV-SIF vehicle has attracted large commitments from four major European institutional investors.
The competitive process for the SaskPower's next 200 MW of utility-scale wind capacity is moving forward, with the Request for Proposal (RFP) phase of the competition.
Engie has announced it has agreed to acquire a 23% stake in Moray Offshore Windfarm (East) Limited (MOWEL) from EDPR UK Limited, an EDP Renováveis S.A subsidiary.
Arise has exercised its option right to acquire the 115 MW Svartnäs wind farm from Bergvik Skog AB. Subsequently, Arise has entered into an agreement with a fund managed by BlackRock, the world’s largest asset manager, for the sale of the project.
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.
The Renewable Energy Project Development Office (REPDO), of Saudi Arabia’s Ministry of Energy, Industry and Mineral Resources, has today issued the request for qualification (RFQ) for 400 MW of wind power in Dumat Al Jandal, in Al Jouf region of Saudi Arabia.
Elecnor has signed and implemented financial contracts with Bankia to finance €11.95 million, which will be invested in the Malpica de Bergantiños wind farm in La Coruña.
John Laing Group, the international originator, active investor and manager of infrastructure projects, has announced its first investment in the renewable energy sector in the state of Texas and its second wind farm investment in the US.
Greencoat UK Wind (UKW), managed by Greencoat Capital, has announced that it has acquired Bishopthorpe Wind Farm from BayWa r.e. for a total consideration of £47 million (US$60 million).
Pattern Renewables 2 LP, or Pattern Development, has acquired a wind farm from Wind Quarry LLC in Butte County (South Dakota).
IPPToday #14: Minnesota Commission Gives Green Light for Xcel Energy’s Largest Upper Midwest Wind Expansion
The Minnesota Public Utilities Commission has approved Xcel Energy’s plan for the largest expansion of wind energy in the Upper Midwest. The North Dakota Public Service Commission will review the plan later this year.
Invenergy Renewables has announced that it has arranged construction financing for its 300 MW Santa Rita Wind Energy Center.
HgCapital has sold the 288 MW Askalen onshore wind farm in Sweden to a pair of Dutch pension funds.
Fengate Real Asset Investments has announced that the firm has reached financial close on its acquisition of a 75% limited partner interest and 50% general partner interest in a 40 MW operating wind farm in Southern Ontario.
IPPToday #13: DONG Energy and Vattenfall secure investments in the Horns Rev 2 and Horns Rev 3 wind farms
DONG Energy and Vattenfall have initiated a common project to ensure the emergency power supply for DONG Energy's wind farm, Horns Rev 2, and Vattenfall's upcoming wind farm Horns Rev 3.
Climate Fund Managers (CFM) has announced the first close of Climate Investor One (CIO), at US$412 million.
Scottish Equity Partners (SEP) has completed a further clean energy infrastructure investment, funding the acquisition of the 9.2MW onshore wind farm at the Port of Tilbury, from SSE plc.
A development consortium led by Shell is seeking European Investment Bank funding for the up to 740 MW Borssele 3&4 offshore wind farm in the Netherlands.