Home Renewables

renewables

Foresight falls short with £39m raise following Australian expansion

The fund had been targeting proceeds above £75m to partly finance its maiden deals Down Under. But a spokeswoman indidcated its top investors might have over-allocated in past share placings and may 'not yet be comfortable' with the fund's Australian investments, its first outside of the UK.

Infradebt finances Impact’s 19MW Australian solar farm

The $25m solar project, financed solely by private debt investment, is expected to be a seed asset for Impact Investment Group’s next solar fund.

GIG, GE splash €800m on giant Swedish wind farm

The ‘new frontier in European onshore wind’ is also said to be backed by the world’s largest corporate PPA. The deal is the second recent investment by the former Green Investment Bank outside of the UK since Macquarie bought the vehicle earlier this year.

Himanshu Saxena named Starwood Energy CEO

Former co-head promoted as firm raises its third energy fund. Brad Nordholm, who was also co-head, will become vice chairman.

Danish pensions buy into UK wind farm for £2bn

PFA and PKA each acquire a 25% stake in the Walney Extension project, set to be the world’s largest offshore wind farm, from Orsted. The deal represents PFA’s largest single infrastructure investment and its first in offshore wind, as the pension looks to deploy some €7bn in private assets.

Australia’s Walsh & Company eyes $230m solar IPO

Proceeds will be used to buy a US-based portfolio of projects with 130MW capacity, while other potential acquisitions are under review.

CDC Group backs Egyptian solar with $97m investment

CDC was part of a nine-member IFC-led consortium lending $653 million for the 800MW Nubian Suns project.

Exclusive: CapDyn makes double UK wind buy

Switzerland-based asset manager Capital Dynamics has bought two wind farms in the UK with a combined capacity of 21.1MW. The projects were acquired from Airvolution Energy, the developer with which CapDyn agreed a funding deal in 2014 for over 140MW of onshore wind sites. The latest acquisitions include the 8.6MW Airfield project and the 12.5MW […]

German pension closes on 281MW wind farm

The Nordlicht wind farm in Norway was guaranteed by the country’s export credit agency in a move seen as ‘crucial’ to ensure the project’s financial close.

Institutional investors back Generate Capital with $200m

The firm is pursuing a strategy to invest in promising clean energy technologies that are bankable through offtake agreements.