Project Finance Brief: Spain’s Prodiel Enters Agreement to Sell 1,098 MW of Solar Projects
Spanish renewable infrastructure builder Prodiel has reached an agreement to sell 1,098 MW of solar PV projects to Madrid-based investment manager Everwood Capital. The portfolio is valued at around €750 ...
Project Finance Brief: ReneSola Acquires Solar-Storage Assets from Nova Development
Altus Power America, an investor, owner, and operator of clean energy projects, has completed the acquisition of a 2.5 MW operating solar project in Charlotte, Vermont. The acquired project generates ...
Project Finance Brief: CIP Acquires 1.6 GW of Pumped Storage Hydro Projects in the US
Copenhagen Infrastructure Partners (CIP) has acquired ownership of the Swan Lake (Klamath County, Oregon) and Goldendale (Klickitat County, Washington) closed-loop pump storage hydro projects. The projects were previously owned and ...
Project Finance Brief: Luxcara Acquires a 172 MW Solar Project in Germany from BELECTRIC
German renewable-energy company Luxcara has acquired a 172 MW solar project being developed in Germany from BELECTRIC. Luxcara has selected BELECTRIC to build and operate the project. BELECTRIC will start ...
Project Finance Brief: Atlas Gets $67 Million to Finance a 187 MW Solar Project in Brazil
Atlas Renewable Energy, a renewable energy company in Latin America, has obtained a $67 million loan from IDB Invest, a member of IDB Group, and DNB Bank ASA (Norway) to ...
Project Finance Brief: EDF Renewables Acquires 4.5 GW Solar Project Pipeline in the US
GreenYellow, an operator of green energy in Madagascar, Axian, a Pan-African group, Societe Generale, GuarantCo, the guarantee arm of the Private Infrastructure Development Group, and African Guarantee Fund have closed ...
Project Finance Brief: UK’s NextPower Acquires 17.4 MW Solar Project in Portugal
Global wind and solar development company Mainstream Renewable Power has closed a $280 million mezzanine construction finance facility with leading alternative lender AMP Capital Infrastructure Debt Fund IV. The AMP ...
Project Finance Brief: Hellenic Petroleum Acquires a 204 MW Solar Portfolio
Hellenic Petroleum, through its wholly-owned subsidiary, ELPE Renewables, completed the acquisition of a portfolio of solar PV projects at the final permitting stage in the wider Kozani region, Greece, from ...
Project Finance Brief: Lightsource bp Closes $285 Million Financing for Bighorn Solar Project
Lightsource bp, a solar project developer, closed a $285 million financing package for its Bighorn Solar project, which will be located on EVRAZ Rocky Mountain Steel mill property in Pueblo. As the ...
Project Finance Brief: Lightsource bp Acquires 100 MW Solar Portfolio in Spain
Innova Energy, a private equity-backed renewable energy generator, has secured £30 million (~$38.17 million) of debt funding from NatWest to finance a mixed portfolio of UK rooftop and ground-mounted solar ...
Project Finance Brief: Nexamp to Acquire 50 MW of Community Solar Projects
Sun Investment Group (SIG) and Ignitis Renewables have signed a contract under which Ignitis Renewables will acquire a 170 MW turnkey portfolio developed in Poland by SIG. The PV projects ...
Project Finance Brief: Foresight Solar Acquires a 26.1 MW Solar Project in Spain for $24 Million
Here are the project finance highlights from the global renewable energy industry over the past week: ACF Renewable Energy Limited, a subsidiary of ACWA Power, completed a sale of its ...
AIIB to Provide $100 Million Loan to L&T for Solar and Wind Projects Financing in India
The Asian Infrastructure Investment Bank (AIIB) has announced that it will provide a $100 million loan to L&T Infrastructure Finance Company Limited (LTIF). The loan proceeds will be used to ...
IFC-Led Consortium Invests $653 Million to Develop 13 Solar Projects in Egypt
A consortium of investors led by the International Finance Corporation (IFC), a member of the World Bank Group, has finalized a $653 million debt package to finance the construction of ...
Scatec Solar Closes $335 Million in Funding for Egyptian Solar Projects
Scatec Solar ASA (SSO) and its partners have closed financial deals for six solar photovoltaic (PV) power plants with an aggregate capacity of 400 MW in Egypt. The projects are ...
EBRD, GCF and FMO to Provide $87 Million Loan to Develop Solar Projects in Egypt
The European Bank for Reconstruction and Development (EBRD), the Green Climate Fund (GCF), and the Netherlands Development Finance Company (FMO) have together agreed to provide an $87 million syndicated loan ...