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BlackRock targets APAC renewables creating new role – exclusive

The fund manager expects to commit at least $5 billion to assets in the region, its newly appointed head of renewable power in Asia-Pacific says.

SUSI eyes €70m first close for second energy efficiency fund – exclusive

The firm will invest 20% of the new vehicle outside Europe, strongly targeting the US, where it is exploring the possibility of raising a dedicated fund.

Partners-backed Sapphire Wind Farm secures PPA for 20% of output

Wholesale energy retailer Flow Power will purchase 50MW of Sapphire’s 270MW capacity per year on a ‘10- to 12-year’ power-purchase agreement.

Australia revives reliability component of National Energy Guarantee

The mechanism will be debated at a meeting of state energy ministers this month, but emissions-reduction component will be absent.

Blackstone hires CDC’s head of infra to lead new MENA power sector venture

The New York-based manager is launching Zarou through Blackstone Energy Partners, with Sameh Shenouda to head up the new company.

Foresight exits Bioenergy Infrastructure Group amid $195m fundraising

Founding members Infracapital, Helios and Aurium double down on the firm, as the latest investment takes BIG to $782m raised over the past three years.

New Energy targets up to $400m for second clean energy credit fund

The vehicle will deploy $15m-$40m per transaction.

UK’s Octopus and Korea’s KIS launch $140m renewables JV

The UK asset manager plans more “bespoke renewables portfolios” in partnership with institutional investors across the globe.

Toyota commits $89m to new Sparx renewables fund

The Japanese asset management firm is initially investing $890,000 in the greenfield Mirai Renewable Energy Fund, targeting a final close by March 2019 on $267m.

Investor demand leads Victoria to auction nearly 1GW of renewables power

The Australian state will sign contracts for six renewables projects that will see 928MW of electricity generated per year.

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