Solar Tracking Company Array Technologies Closes IPO After Raising Over $ 1 Billion

Solar Tracking Company Array Technologies Closes IPO After Raising Over $1 Billion

Array Technologies, a U.S.-based manufacturer of solar tracking systems used in large-scale projects,  has announced eh close its upsized initial public offering (IPO) after raising over $1 billion in one ...
/ / Finance and M&A, Solar
Barclays Likely to Stop Lending to Projects Based on Fossil Fuels

Barclays Likely to Stop Lending to Projects Based on Fossil Fuels

During the annual general meeting (AGM) of Barclays, a British multinational investment bank, nearly 24% of shareholders voted for Share Action’s resolution asking the bank to phase out financing for ...
/ / Other, Other Energy
Fortum Confirms Part of its Indian Solar Assets are Up for Sale

Fortum Confirms Part of its Indian Solar Assets are Up for Sale

Fortum, a clean energy company from Finland, confirmed that it has appointed Barclays to serve as its banking partner and facilitate the sale of a stake in its operational Indian ...
/ / Finance and M&A, Solar
Financing Activity in the Indian Solar Sector So Far This Year

Azure Power to Raise $500 Million (~Rs.32 Billion) from Sale of Bonds

Azure Power, an Indian solar power producer, will issue and raise around $500 million (~Rs.32 billion) from the sale of bonds to overseas investors. It bond offering was said to have attracted ...
/ / Finance and M&A, Other