Spain-based renewable energy investor Capital Energy has hired Lazard to sell a portfolio of 4.3 gigawatts (GW) of onshore wind and solar power plants in Spain, according to the sale of documents seen by Reuters. LONDON : Spanish-based renewable energy investor Capital Energy has hired Lazard to sell a portfolio of 4.3 gigawatts (GW) of […]
Albemarle to invest over $1 bln in lithium plant as EV battery demand grows – EQ Mag
Albemarle Corp said on Wednesday it would invest at least $1.3 billion in its new lithium hydroxide plant in Chester County, South Carolina, to help meet growing demand for batteries that power electric vehicles. Lithium prices have surged over the past year with automakers seeking fresh supplies of the battery metal as they build out […]
OPEC development fund raises $1 bln with first ever bond – EQ Mag
The OPEC Fund for International Development, a development institution established by the Organization of the Petroleum Exporting Countries nearly 50 years ago, has raised $1 billion by selling its first ever bond. With the money earmarked for food security, healthcare, infrastructure, education, employment and renewable energy projects, the three-year bond which will pay investors an […]
India’s top e-recycler Attero to spend $1 bln to expand as EVs take off – EQ Mag Pro
NEW DELHI : India’s largest electronics recycling firm Attero Recycling will spend $1 billion in the next five years and add plants in Poland, Ohio and Indonesia starting this year, its CEO told Reuters, aiming to tap into a global boom for electric vehicles. The World Bank-backed company, whose clients include Samsung Electronics and Hyundai […]
Brazil Fund Perfin to Invest $1 bln in Renewables, Mainly Solar
SAO PAULO : Brazilian fund manager Perfin has created a new company focused on renewable energy generation, especially solar, with expected investment totaling 5.5 billion reais by 2025, a company executive told Reuters. The new company Mercury Renew, which has an operational partnership with energy generator Servtec, is Perfin’s latest venture into energy and highlights […]