Jordan Stutts
The two French investors are targeting insurance companies to finance innovative clean energy projects.
The innovative project bond was used by Global Infrastructure Partners in its €780m stake purchase in the German offshore wind project.
The renewable energy investor will use proceeds to repay debt as it looks to invest up to $500m a year, mostly in hydro.
Climate Investor One is seeking capital from investors with different risk-return targets across three sub-funds.
The 50MW Abiba solar project in Nigeria is one of the winners of Access’s early-stage renewable project competition.
The consortium, which also includes RWE Innogy and EDP Renewables, will bid on two projects generating 700MW.
The development bank is targeting four countries who use fossil fuels for the vast majority of their energy consumption.
New equity investors – alongside 12 banks and the EIB – have secured funding for the £1.5bn offshore wind project after SSE pulled out last year.
The deal adds 18 US wind farms to ArcLight's new portfolio company Leeward RE, which will serve as a platform for future renewables acquisitions.
Hummel Station will produce 180% more electricity than its coal-burning predecessor, powering around 1mn homes when it is operational in 2018.