In Short : EET Fuels has secured $350 million in funding to advance its decarbonization initiatives. The investment will support the development of sustainable energy solutions, aimed at reducing carbon emissions across various industries. This significant financial boost underscores growing investor confidence in clean energy technologies and EET Fuels’ role in driving the transition to […]
In Short : The program also promotes the integration of health information systems in primary care facilities with the MOH’s SatuSehat or the digital health platform and supports the Sustainable Development Goals attainment, particularly Goal 3 (good health and well-being), and Goal 5 In Detail : MANILA, PHILIPPINES : The Asian Development Bank (ADB) has approved a […]
MANILA, PHILIPPINES : The Asian Development Bank (ADB) today approved a $350 million special policy-based loan to provide budget support to Sri Lanka for economic stabilization. The program is part of a broader package of financial assistance anchored by the International Monetary Fund’s Extended Fund Facility for the country, which aims to stabilize the economy […]
Green energy company Suzlon is in talks with Deutsche Bank to raise $350 million in debt from the offshore market. This is in addition to ₹2,000 crore it is raising by selling non-convertible debentures (NCD) at home. The NCDs are being sold through its subsidiary, Suzlon Global Services. The company is in talks with JP […]
New Delhi: I Squared Capital and Hinduja Renewables Energy Pvt. Ltd are the remaining contenders vying to acquire TPG Capital’s majority stake in Hyderabad-based Fourth Partner Energy Pvt. Ltd at an equity value of about $350 million, two people aware of the development said. Bank of America and Investec are managing the sale of TPG […]
WASHINGTON, D.C. : The Biden-Harris Administration, through the U.S. Department of Energy (DOE), today announced nearly $350 million for emerging Long-Duration Energy Storage (LDES) demonstration projects capable of delivering electricity for 10 to 24 hours or longer to support a low-cost, reliable, carbon-free electric grid. Funded in part by President Biden’s Bipartisan Infrastructure Law, this […]
Agilitas Energy, the largest integrated developer, builder, owner and operator of distributed energy storage and solar photovoltaic (PV) systems in the northeastern U.S., today announced it has raised $350 million of equity in a two-tiered investment from funds managed by CarVal Investors L.P. The investment will fund a national footprint build-out of Agilitas Energy’s large […]
Toronto, Canada : Amp Energy (“Amp”), a global Energy Transition Platform and renewable energy developer, announced today the closing of an innovative $350 million cross-jurisdictional credit facility with a consortium of leading institutional investors including Brookfield Asset Management, a leading sovereign wealth fund, and Nomura Securities. Brookfield Asset Management and the leading sovereign wealth fund […]