Gujarat Urban Development Company Invites bids for 2 MW Solar Projects
The Gujarat Urban Development Company (GUDC) has invited bids to commission 2,027.78 kW solar projects across six urban local bodies in Gujarat. The projects' estimated cost is ₹154.64 million (~$1.9 ...
Project Finance Brief: Sol Systems Acquires 190 MW Solar Project in Texas
From: Mercom Capital Group Sol Systems, a solar finance and development company, acquired a 190 MW solar development project in Uvalde County, Texas, from ABEI Energy, an independent power producer. The acquisition was ...
Hexicon Inches Closer to Developing 7.1 GW Offshore Wind Projects in Italy
Italy's transmission system operator (TSO) Terna SpA has approved six of Sweden-based Hexicon's seven proposed floating wind power projects for connection to the national grid. Terna's interconnection permit is a ...
Project Finance Brief: Nautilus Acquires 54 MW Solar Projects in New York
From: Mercom Capital Group Nautilus, a New Jersey-based independent solar power producer, on behalf of its affiliate Nautilus U.S. Power Holdco, announced the acquisition of 54 MW of solar projects ...
Enfinity Global Acquires 400 MW of Operational Solar Projects in the US
Renewable energy company Enfinity Global said it has acquired a 400 MW operational utility-scale solar portfolio to expand the company’s reach in the U.S. The co-financing partners in the acquisition ...
Project Finance Brief: MYTILINEOS Raises $159 Million for Solar Projects
From: Mercom Capital Group MYTILINEOS, a global industrial and energy company, reached financial close with lenders ANZ and Westpac on the non-recourse portfolio financing structured as a combination of term ...
Project Finance Brief: Primergy Closes $75 Million Credit Facility from Rabobank
From: Mercom Capital Group Primergy Solar, a U.S.-based utility-scale and distributed solar and storage company, has closed a $75 million revolving credit facility from Rabobank to develop a pipeline of solar and ...
Project Finance Brief: SunVest Secures Financing for 56 MW of Solar Projects
From: Mercom Capital Group SunVest Solar, a solar project developer, announced closing a $113 million debt facility and $41 million tax equity for 56 MW of solar projects in Illinois, Maine, Minnesota, ...
Project Finance Brief: Lightsource bp Closes Financing for 515 MW Solar Farms in Australia
From: Mercom Capital Group Lightsource bp, a solar project developer, closed a A$540 million (~$365 million) portfolio green financing package to help execute its 425 MW Wellington North and 90 MW Wunghnu ...
Project Finance Brief: Greenalia Acquires 502 MW Solar Projects in Texas
From: Mercom Capital Group Spain-based independent power producer Greenalia acquired three utility-scale solar projects totaling 502 MW in Texas. The projects include the 265 MW Donegal Solar project, 119 MW ...
SJVN to Develop 2 GW of Solar and 1 GW of Hydroelectric Projects in Odisha
SJVN Green Energy, a wholly owned subsidiary of SJVN, has signed a memorandum of understanding (MoU) with Grid Corporation of Odisha (GRIDCO) to develop 1 GW of hydroelectric projects and ...
Project Finance Brief: Sunwin Energy Sells Solar Project Portfolio in Italy
From: Mercom Capital Group Sunwin Energy, a Switzerland-headquartered solar project developer, entered into a framework agreement with an undisclosed European public-listed energy company to develop a 375 MW solar project portfolio in Italy ...
Project Finance Brief: Duke Energy Subsidiary Acquires 100 MW Mississippi Solar Project
From: Mercom Capital Group Duke Energy Sustainable Solutions, a subsidiary of Duke Energy, acquired the 100 MW Wildflower Solar Project from Clearway Energy Group, a U.S.-based clean energy developer. The construction of ...
Project Finance Brief: Sonnedix Acquires 262 MW of Solar Projects in Portugal
From: Mercom Capital Group Sonnedix, an independent power producer, acquired 262 MW solar PV projects in Portugal. The portfolio comprises seven ground-mounted projects either under construction or late-stage development throughout the country. The ...
Project Finance Brief: Allianz Capital Partners Acquires 147 MW Solar Project
From: Mercom Capital Group Allianz Capital Partners, an asset manager, acquired the 147 MW Galloway 2 Solar Project from Avantus (formerly 8minute), an independent solar power developer in Texas, U.S. Avantus will ...
Project Finance Brief: GridStor Acquires 2 GWh of Energy Storage Projects
From: Mercom Capital Group GridStor, a developer and operator of grid-scale battery energy storage systems, announced the acquisition of a portfolio of storage projects currently in development in the greater Los Angeles area ...
Project Finance Brief: Pivot Energy Raises $100 Million from Fundamental Renewables
From: Mercom Capital Group Pivot Energy, a solar provider that develops, finances, builds, owns, and manages solar and energy storage projects, secured $100 million in debt financing for its renewable ...
Project Finance Brief: APG Acquires 49% Stake in Gemini Solar + Storage Project in Las Vegas
From: Mercom Capital Group APG, a Netherlands-based pension asset manager, agreed to acquire 49% equity ownership in the $1.2 billion 690 MWAC Gemini Solar + Storage project on behalf of its pension fund ...
Project Finance Brief: Lightsource bp Closes Financing for a 210 MW Solar Project in Brazil
From: Mercom Capital Group Lightsource bp, a solar project developer, closed R$800 million (~$148.7 million) financing for its 210 MW of Milagres Solar project in Brazil. Banco do Brasil provided R$423 million (~$78.6 ...
Amazon Adds 2.7 GW of New Renewable Energy Capacity Across 71 Projects
E-commerce conglomerate Amazon has announced the expansion of its renewable energy portfolio globally, with 2.7 GW of clean energy capacity across 71 new renewable projects, including its first solar farms ...
Project Finance Brief: Enefit Green Acquires Solar Projects in Estonia
From: Mercom Capital Group Enefit Green, an Estonian renewable energy developer, has signed an agreement to acquire a 100% stake in Raabiste Pollud OU, an entity that owns 165 MW ...
Project Finance Brief: Terra-Gen Raises $959 Million for Solar Storage Projects
From: Mercom Capital Group Terra-Gen, an independent renewable energy provider, raised $959 million in financing for the second phase of its Edwards Sanborn solar storage project in Kern County, California. This phase of ...
Project Finance Brief: Atrato Onsite Energy Acquires Solar Projects for $37 Million
From: Mercom Capital Group Atrato Onsite Energy, an investment company, has acquired 33 MW of installed solar projects across 32 the UK from Macquarie’s Green Investment Group for £31 million ...
Project Finance Brief: Low Carbon Raises $265 Million for 1 GW of Renewable Projects
From: Mercom Capital Group Low Carbon, a renewable energy developer, raised a £230 million (~$265 million) senior debt facility to construct 1 GW of large-scale renewable energy projects in the ...
Project Finance Brief: Monarch Closes $160 Million Funding for Texas Solar Project
From: Mercom Capital Group Monarch Private Capital, an ESG investment firm that develops, finances, and manages a diversified portfolio of projects, announced the closing of a tax equity investment of ...
