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GIG ramps up development exposure with Swedish wind deals

The group targets earlier-stage projects after selling Europe’s largest onshore wind farm and ploughing €270 million into a new 235MW site in the same country.

Apple launches $300m China clean energy fund

The vehicle, which will be managed by Germany’s DWS Group, will help the US tech giant reach its goals of increased clean energy use within its supply chain and developing 2GW of renewables in China.

Palisade closes on Tasmanian wind farm with $43.5m CEFC commitment

The Granville Wind Farm commitment is CEFC’s largest Tasmanian investment to date and the fourth asset owned by the Palisade Renewable Energy Fund.

AllianzGI sees demand for earlier stage capital as it boosts US presence –...

CIO Armin Sandhoevel expects healthy growth in US onshore wind and solar, as it eyes opportunities in other countries in the region.

BlackRock scores guarantee for second Norwegian wind deal

The Norwegian Export Credit Guarantee Agency is helping to secure the PPA for the 197.4MW wind farm bought by GRP II, the firm’s latest renewables fund, now more than 75% deployed.

IFC backs Philippine geothermal giant with first peso-denominated green bonds

The country’s insurance companies and banks make ‘successful’ $90m issuance, which will finance Energy Development Corporation’s capex programme.

High Australian electricity prices here to stay, report says

The Grattan Institute finds a correction from the historic oversupply in Australia’s energy market will ensure high wholesale prices will remain for a long time.

Omnes eyes up to 1GW of wind energy with new Finnish platform

Between five and 10 unsubsidised projects are to be developed alongside partner Ilmatar, with potential for other investors to join.

UK waves away $1.7bn tidal project citing ‘irresponsible’ costs

The proposed 320MW lagoon scheme in Wales had received up to $265m in commitments from InfraRed and Infracapital.

New Energy Solar acquires first Australian asset

The company’s CEO says changes to market conditions in the country prompted the $84m move for the 55.9MW facility in New South Wales.

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