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22 September 2021

CIF III reaches €1bn first close

Cube Infrastructure Managers has reached first close of its Cube Infrastructure Fund III, raising €1 billion ($1.17 billion) of commitments towards a target size of...

22 September 2021

Latham hires M&A and private equity lawyer Trina Chandler

International law firm Latham & Watkins has appointed Trina Chandler as a partner in the Corporate Department and as a member of the firm's Mergers...

22 September 2021
in
Power, Renewables

SSE appoints Stephen Wheeler as MD for SSE Renewables

SSE has appointed Stephen Wheeler as Managing Director, SSE Renewables, following Jim Smith’s decision to retire in April 2022. Wheeler is currently Managing...

22 September 2021
in
Renewables

Fortum-Rusnano secure tariff for new Russian wind projects

The Fortum-Rusnano wind investment fund has been awarded annual Capacity Supply Agreement (CSA) remuneration in the range of RUB16.916.9–23.8 billion ($230-325...

22 September 2021
in
Renewables

Glennmont finalises acquisition of 473MW Spanish PV portfolio

Glennmont Partners has finalised the acquisition of a 473MW portfolio of solar projects in central and southern Spain from Grupotec for an undisclosed sum. Glennmont will...

22 September 2021
in
Renewables

PPC plans 500MW solar project in Greek coal region

PPC Renewables is expected to announce a single 500MW solar power project within the next six months at a site in Ptolemaida, Western Macedonia. The area is home to the...

22 September 2021
in
Renewables

Vineyard Wind submits proposals in Massachusetts Offshore RFP

Vineyard Wind – owned by Copenhagen Infrastructure Partners (CIP) and Avangrid Renewables - has made two submissions in response to the request for proposals (RFP)...

22 September 2021
in
Oil & gas, Power, Renewables

ADNOC, bp and Masdar plan decarbonisation opportunities

ADNOC and Masdar have formed a strategic partnership with bp to develop low carbon hydrogen hubs and decarbonised air travel between the UK and UAE. The companies will...

22 September 2021
in
Renewables

409MW Bracell biomass plant to begin testing in Brazil

The Brazilian Electricity Regulatory Agency (ANEEL) has cleared the 409MW Bracell Thermoelectric Power Plant (UTE Bracell) biomass-fired project to begin testing its...

22 September 2021
in
Power, Renewables

Blue Bear Capital closes oversubscribed $150m fund

Blue Bear Capital, a venture and growth equity firm focused on AI-powered solutions for the world’s energy, infrastructure, and climate challenges, has announced an...

22 September 2021
in
Waste and water

Sri Lanka, World Bank sign climate resilience project financing

The World Bank has signed a $92 million financing agreement with the Sri Lankan government for the Climate Resilience Multi-Phased Program Phase I Project. This...

22 September 2021
in
Metals and Mining, Renewables

Rio Tinto adding battery storage, more solar at Weipa mine

Mining company Rio Tinto, which owns the Weipa bauxite mine, has approved the 4MW / 4MWh battery system and 4MW solar farm, which will add to a 1.6MW solar plant already...

21 September 2021
in
Power, Renewables, Waste and water

Plug Power plans 120MW green hydrogen project in California

Plug Power is planning to build the largest West Coast green hydrogen production facility in Fresno County, California. The plant will produce 30 metric tons of liquid...

21 September 2021
in
Power, Renewables

Partners plan Spanish green hydrogen network for transport

Exolum, Naturgy and Enagas' Scale Gas subsidiary have signed an agreement for the joint analysis and development of green hydrogen production, distribution and supply...

21 September 2021
in
Renewables

Australis Energy moves forward with third offshore wind project

Australis Energy has submitted an application for an impact assessment to the South Australian government and a referral to the Commonwealth for a 600MW offshore wind...

21 September 2021
in
Renewables

ABANCA signs wind PPA with Endesa

Galician bank ABANCA has signed a 10-year PPA with Endesa to cover 70% of the electricity demand of its offices and headquarters in Spain and Portugal. The agreement will...

21 September 2021
in
Power, Renewables

GRID agrees new £180m facility

Gresham House Energy Storage Fund (GRID) has agreed a new five-year £180 million ($245 million) debt facility with a banking syndicate including Commonwealth Bank...

21 September 2021
in
Renewables

More details on Cabo Leones III

More details have emerged on the $208 million debt financing by Grupo Ibereolica Renovables and Repsol of their 189MW Cabo Leones III wind farm project.Located in the...

21 September 2021
in
Oil & gas

Shell exits Permian in $9.5bn deal with ConocoPhillips

Royal Dutch Shell subsidiary Shell Enterprises has agreed to sell its Permian business to shales developer ConocoPhillips in deal worth $9.5 billion in cash. It means an...

21 September 2021
in
Power, Renewables

Repsol plans electrolyser at Petronor refinery

Repsol is planning to install a 2.5MW electrolyser to produce renewable hydrogen at its Petronor refinery in the Basque region of Spain in H2 2022. The €8.9 million...