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InfraCo Asia grows Vietnamese portfolio with 168MW solar project

The emerging Asia-focused fund manager has teamed up with clean energy developer Sunseap International to deliver one of the first large-scale solar projects in the country.

Equis Energy continues Australian expansion after $5bn deal

The Singapore-based developer is committed to building over $795m of new projects in the next two-to-three years. It was recently acquired by a consortium of led by GIP for $5bn, the largest renewables deal to date.

South African renewables fund eyes 600MW after first deployment

Evolution II’s maiden deal comes ahead of an expected $250m final close September this year.

GIP in $3.8bn deal spree for Italo and NRG’s renewables business

The transport and renewables acquisitions are being made through the manager’s record-breaking $15.8bn third infrastructure fund.

TerraForm Power firms $1.2bn bid for Saeta Yield

The Brookfield-owned platform is set to significantly boost its European presence, where it currently owns just 11MW in the UK, with its offer for the ACS/GIP renewables vehicle. The offer will be funded via a $400 million equity offering, which Brookfield has agreed to backstop, as well as $800 million of liquidity.

Terra Firma set to launch RTR sales process in coming weeks

Italy’s second-largest solar owner has 332MW under management, although a bid from the largest – Enel and F2i – is now thought to be unlikely. RTR is Terra Firma’s last remaining infrastructure asset after it sold a US-based wind portfolio to BlackRock’s Global Renewable Power Fund II in December.

Octopus eyes £250m first close for second renewables fund

The 25-year vehicle is targeting £500m with a £750m hard-cap and is aiming for a gross IRR of between 6.5% and 7.5%. In addition, the firm has completed a landmark refinancing for a 64MW portfolio of subsidy-free Italian projects.

Canadian Solar in 1.14GW Australian solar boost

The Canadian solar developer is investing Down Under for a bigger play in a development-stage portfolio, after selling three construction-stage projects to Foresight early this month.

Master plan aims to boost New York’s offshore wind output

The state releases a strategy to build 800MW over the next two years and 2.4GW by 2030.

Sonnedix bulks up Italian solar portfolio with four deals

A further 11.7MW has been acquired by the JPMorgan-owned group, which now owns 114MW in Italy.

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