Prism Johnson Acquires 30% Stake in Cleantech SPV to Build 22 MW of Captive Solar Projects
Prism Johnson Limited (formerly Prism Cement) has agreed to acquire up to 30 percent equity stake in a special purpose vehicle (SPV) which will be incorporated with CSE Development (India) ...
Engie Acquires 90 Percent Stake in Solar Solutions Provider Simpa Energy
ENGIE, a global independent power producer (IPP), has acquired a 90 percent stake in Simpa Energy, from its parent company Simpa Networks, a distributed energy solutions provider with pay-as-you-go pricing ...
REC Raises $700 Million Through Global Medium-Term-Note Program
The REC Limited (Formerly, Rural Electrification Corporation of India), a public sector enterprise under the Government of India, has raised $700 million through initial foray of its $5 billion global ...
CDPQ Increases its Stake in Azure Power to 40%
Caisse de dépôt et placement du Québec (CDPQ), a long-term institutional investor, has announced an increase in its stake in Azure Power Global Ltd (Azure Power). Azure Power is a leading ...
German Solar Developer ib vogt GmbH Acquires Majority Stake in Singapore’s nv vogt
ib vogt GmbH, a Germany based integrated solar developer, has agreed to acquire the majority of shares of nv vogt Singapore Pte, another solar developer. The aim of this merger ...
ThomasLloyd Acquires Major Stake in Solar Project Developer SolarArise India
ThomasLloyd, a global investment and advisory firm dedicated to the infrastructure sector in Asia, has announced the acquisition of a significant stake in the Delhi-based solar project developer SolarArise India ...
Greenko Group Set to Acquire Skeiron’s Renewable Assets in a $200 Million Deal
The Greenko Group has entered into a definitive purchase agreement to acquire Skeiron Green Renewables. The deal will add approximately $200 million to Greenko’s EBITDA (Earnings Before Interest, Tax, Depreciation and Amortization) in ...
Azure Power Secures $58 Million for its 100 MW Solar Project at Pavagada
Leading renewable energy project developer Azure Power (NYSE: AZRE), has achieved the financial closure of a deal worth ₹4 billion (~$58 million) for its 100 MW solar power project in ...
Soltec Locks €100 Million Credit Facility With 11 Banks
Soltec, a single-axis solar tracker firm, has signed a €100 million (₹8.48 billion) syndicate credit facility with 11 banks. In a media statement issued on its website, Soltec informed that ...
Azure Power Closes $88 Million in Financing for its 200 MW Solar Project in Bhadla
Azure Power (NYSE: AZRE), an independent solar power producer, has achieved financial closure for a 200 MW grid-connected solar photovoltaic (PV) project to be developed in the Bhadla Solar Park, Rajasthan ...
Cleantech Solar Raises $50 Million From Climate Fund Managers
Cleantech Solar, a Singapore-based renewable energy project developer, has received a $50 million equity investment from Climate Fund Managers (CFM), a climate-dedicated investment manager, to support its growth in Asia ...
Adani Green Acquires AGEPteL to Foray into International Renewable Business
Adani Green Energy, a leading renewable energy project developer in the country, incorporated a wholly-owned subsidiary company Adani Wind Energy (GJ) Limited (AWEGL) on August 21, 2018, according to a ...
India’s Solar Sector Received Investments Totaling $1.86 Billion in Q2 2018
The Indian solar sector received investments to the tune of $1.86 billion in the second quarter (Q2) of calendar year (CY) 2018 according to Mercom India Quarterly Market Updates. Investments ...
Capital Dynamics Closes $1.2 Billion Clean Energy and Infrastructure Deal
Capital Dynamics, an independent global asset manager, has announced capital commitments of $1.2 billion for the closing of its Clean Energy and Infrastructure VII JV LLC fund ("CEI VII"). This ...
Solar Start-Up Cygni Energy Raises $6.4 Million in Debt and Equity Funding
Cygni Energy Private Limited, a solar DC and microgrid solutions provider, has raised $6.4 million in funding through a combination of equity and debt funds. The funds will be utilised in ...
African Infrastructure Fund Acquires Stakes in South African Solar and Wind Projects
The African Infrastructure Investment Managers (AIIM), one of Africa’s infrastructure-focused private equity fund managers and a member of the Old Mutual Alternative Investments (OMAI), has acquired stakes in nine new ...
Green Investment Group Acquires Conergy’s Solar Portfolio in Asia and Middle East
Macquarie Capital’s global green investment platform, Green Investment Group (GIG), has acquired a solar development portfolio from Conergy Asia and Middle East. The portfolio includes solar development assets in the ...
B.Grimm Power Buys 80 Percent Stake in 257 MW of Solar Projects in Vietnam
Thailand’s B.Grimm Power has acquired an 80 percent stake in Vietnamese firm Phu Yen TTP Joint Stock Company. Phu Yen TTP Joint Stock Company is involved in developing solar photovoltaic ...
Trina Solar Signs $30 Million Credit Agreement with VietinBank
The Vietnamese arm of Trina Solar, a Chinese module and cell manufacturer, has signed a $30 million credit agreement with VietinBank in the province of Bac Giang, Vietnam. This is the first ...
Cypress Creek Renewables Secures $200 Million Equity Investment
Cypress Creek Renewables, a developer and owner of solar generating assets has secured $200 million in equity investment. A group led by Temasek, a global investment company headquartered in Singapore, ...
Hanwha Q CELLS Announces Plans to Go Private
Hanwha Q CELLS, a global photovoltaic (PV) manufacturer of solar modules, has received a preliminary non-binding proposal letter from Hanwha Solar Holdings (HSH), a subsidiary of Hanwha Chemical Corporation incorporated ...
BlackRock Real Assets Acquires 59 MW of Solar Assets from J&V Energy
Through its latest acquisition, BlackRock Real Assets has entered the Taiwan solar market. BlackRock acquired the entire equity interest in a 59-MW solar portfolio comprising 28 projects in Taiwan from ...
Off-Grid Solar Solutions Provider Zola Electric Secures $20 Million Debt Financing
ZOLA Electric, formerly known as Off Grid Electric, an African renewable energy company, has secured $20 million in debt financing from solar-business lender SunFunder. The funding will be utilized to ...
Tata Power Gets Shareholders’ Approval to Raise ₹55 Billion
India’s leading renewable energy project developer, Tata Power, has received approval from its shareholders to raise up to ₹55 billion (~$801.11 million) through the issuance of non-convertible debentures on a ...
Off-Grid Solar Solutions Provider SolarHome raises $1 Million in Convertible Note Offering
SolarHome, a Singapore based Pay-As-You-Go (PAYG) off-grid solar solutions provider in southeast Asia, raised $1 million in convertible note offering recently. The funding has been provided by impact venture capital ...
