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22 January 2024
in
Renewables

CaixaBank gets EIB backing to issue up to €150m in new renewable financing

EIB and CaixaBank have signed a guarantee agreement that will enable the Spanish bank to issue up to €150 million (about $163 million) in new financing for renewable...

19 January 2024
in
Power

Triple Point agrees £5m debt facility with TBC Partners

Triple Point has agreed a debt facility of £5 million ($6.3 million) to support TBC Partner’s development of Battery Energy Storage System (BESS) assets in...

19 January 2024

New York approves $78m for water infrastructure

New York’s Environmental Facilities Corporation Board of Directors approved $78 million in financial assistance for water infrastructure improvement projects.These...

19 January 2024
in
Renewables

US identifies more public land for renewables

The US Department of the Interior has updated its solar energy development roadmap to expand solar production on public land across more Western states.The Department has...

19 January 2024
in
Power

Con Edison’s Idlewild grid project approved by NY PSC

The New York State Public Service Commission (NY PSC) has approved the construction of Consolidated Edison Company of New York’s proposed $1.2 billion Idlewild...

19 January 2024

Reed to invest in JV with recycler Loop Industries

Loop Industries has signed a non-binding MoU with European investment firm Reed for the provision of €60 million ($66 million) in non-dilutive capital. The two...

19 January 2024
in
Renewables

Mitsubishi to invest in European Energy

Mitsubishi HC Capital Inc has announced a €700 million ($760 million) investment in Danish developer European Energy and will acquire a 20% stake in the...

19 January 2024
in
Renewables

New England states amend offshore bidding schedule

Three New England states have extended the bidding date for their offshore wind solicitations from the end of January until March 27.Massachusetts, Connecticut and Rhode...

19 January 2024

Commerzbank acquires majority stake in Aquila Capital

Commerzbank AG is acquiring a 74.9% stake in asset manager Aquila Capital Investmentgesellschaft.The remaining 25.1% of shares are to be retained by the current parent...

19 January 2024
in
Transport

Portugal opens tender for first section of HSR project

Portugal’s state-owned rail and road manager Infraestruturas de Portugal has opened the tender for the first section of the high-speed rail line between Lisbon and...

19 January 2024
in
Renewables

BlueFloat granted EIA approval for Taiwanese offshore project

Taiwan’s Environmental Impact Assessment (EIA) committee has passed the final review of BlueFloat Energy’s 1GW Winds of September floating offshore wind...

19 January 2024
in
Power

Queensland funds latest stages of battery programme

The Queensland government will underpin its local network-connected batteries programme with a A$179 million ($117 million) investment.The funding is for stages three and...

19 January 2024
in
Oil & gas

Rio Grande LNG syndication progressing

The syndication for the Rio Grande LNG Phase 1 project financing is progressing as planned, with most banks on the transaction in the process of reaching intended hold...

19 January 2024
in
Power

Apex forms JV for US battery projects

Apex Clean Energy has formed a joint venture with SK Gas and SK D&D to own energy storage facilities in the United States.The SA Grid Solutions joint venture owns the...

19 January 2024
in
Renewables

Globeleq completes restructuring of 2 solar projects

Africa-focused IPP Globeleq has completed a $37 million senior debt restructuring of its 11MW Aries Solar and 11MW Konkoonsies Solar plants in South Africa. The...

19 January 2024
in
Renewables

Statkraft plans 492MW solar complex in Extremadura

Statkraft has submitted plans to build the 492MW Zajuril solar complex in Extremadura which will require an investment of €295 million ($320 million).The complex...

19 January 2024
in
Renewables

Romania to provide €815m of support to renewables

Romania’s energy ministry will launch two financing programmes in March aimed at stimulating investments in wind, solar and hydro power capacity.The €815...

19 January 2024
in
Renewables

Solarpack signs PPA with SECI for 410MW project

Solarpack has signed a 25-year PPA with the Solar Energy Corporation of India for the 410MW Gorbea solar project in Rajasthan.Solarpack will supply 755GWh of clean energy...

19 January 2024
in
Renewables

Malaysia approves 22 biogas and biomass projects

Malaysia’s Ministry of Energy Transition and Public Utilities via the Sustainable Energy Development Authority (SEDA) has approved 22 biogas and biomass...

19 January 2024

Terra Cothran joins King & Spalding in Houston

Energy and construction lawyer Terra Cothran has joined King & Spalding as a partner in its Houston office.Cothran has been the primary negotiator and on-project...