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Ayala firm completes financial closing on Australia solar project
Ayala-led AC Energy and Infrastructure Corporation (ACEIC) and its Hongkong-headquartered partner UPC Renewables have engaged three foreign banks for the loans they have secured for the 400-megawatt(ac) first phase of their solar farm installation in New South Wales, Australia. In a statement to the media, the Ayala firm stated that the lenders to the project […]
UPC/AC reach fin close on part of 720-MW Aussie solar project
Financial close has been achieved on the first 400-MW phase of the 720-MW New England Solar Farm in New South Wales, Australia, developer UPC/AC Australia said today. The hybrid project, featuring an up to 400-MWh battery storage system, is expected to be fully operational by the end of 2023. Debt financing for its initial stage was […]
Yellow Door Energy secures $31.2m funding to construct solar plants
The funding is provided by European Bank for Reconstruction and Development and DEG for the construction, operation of 8 plants in Jordan Dubai-based Yellow Door Energy has secured $31.2m in funding for the construction and operation of eight solar photovoltaic (PV) plants in Jordan. The loan is being provided by the European Bank for Reconstruction […]
Allied Irish Bank (AIB) Raises €1bn in first Irish Bank Green Bond Sale
Bank of Ireland is also planning to enter fast-growing area of global debt markets AIB on Wednesday became the first Irish bank to venture into the burgeoning green bonds market, raising €1 billion of capital to support lending towards renewable energy projects and green buildings. While the focus among banks and companies active in the […]
Bank installs electric vehicle charging station for public use
BERRYVILLE : There’s a new filling station in downtown Berryville, and the fuel is being provided for free. It’s open to the public. Yet owners of vehicles powered by gasoline or diesel fuel can’t take advantage of it. Bank of Clarke County has installed an electric vehicle charging station in its parking lot off East […]
Yashovardhan Birla declared willful defaulter by UCO Bank
UCO Bank on Sunday declared Yashovardhan Birla, the Director of Birla Surya Ltd, as a willful defaulter after the company failed to repay loans of Rs 67.65 crore. Yashovardhan Birla is also the Chairman of the Yash Birla Group. In a public notice which also carried a photo of Yashovardhan Birla, UCO Bank said the […]