UKIB will match private money in subsidy-free NextEnergy fund This is UKIB’s first private-sector deal since forming in June The government-backed U.K. Infrastructure Bank will invest as much as 250 million pounds ($331 million) in a private fund that’s seeking to double the amount of subsidy-free solar power in Britain. UKIB will provide financing to […]
John Ng, CEO of the utility company, says he has always kept green energy in mind since he began his career as a boiler engineer over 35 years ago. “I joined the power industry in 1985 … as a boiler engineer, I’m supposed to make sure that the boiler works in the most efficient way,” […]
The European Bank for Reconstruction and Development (EBRD), the OPEC Fund for International Development (the OPEC Fund) the African Development Bank (AfDB), the Green Climate Fund (GCF) and Arab Bank today signed a US$ 114 million financing package with ACWA Power for the construction of the largest private solar plant in Egypt. The development of […]