Madrid : EDP Renováveis, S.A. (“EDPR”) has secured Power Purchase Agreements (“PPAs”) to sell the green energy produced by a 425 MWac solar portfolio in the US. The solar portfolio comprises three projects with commercial operations expected for 2024: • 175 MWac located in Mississippi County, Arkansas; • 100 MWac located in Madison County, Mississippi; […]
BlackRock Real Assets refinances 186-MW solar portfolio in Taiwan – EQ Mag Pro
BlackRock Real Assets has obtained TWD 9.4 billion (USD 327.5m/EUR 300.4m) in debt to refinance a 186-MW portfolio of solar assets in Taiwan. The refinancing deal was announced on Wednesday by law firm Linklaters, which acted as legal advisor to the lending consortium. Under the transaction, BlackRock Real Assets has secured an 18-year green loan […]
IKEA owner buys 440MW solar portfolio – EQ Mag Pro
Sites in Spain and Germany will generate equivalent of retail giant’s power consumption in each country The investment arm of IKEA owner Ingka Group has acquired nine solar PV park projects in Germany and Spain from developer ENERPARC. Ingka Investments is to pay €340m for the the 440MW solar PV development portfolio. The expected energy […]
Obton raises €400m for Italian solar portfolio – EQ Mag Pro
Danish developer secures debt for 144 PV projects totalling 116MW Danish renewables developer Obton has raised over €400m of debt for a portfolio of 144 solar PV projects in Italy. Natixis, UniCredit and fund manager Generali Global have provided the debt package to Obton’s subsidiary WT II Senior, which in turn holds solar plants totalling […]
TotalEnergies Secures $34Mn Financing From APICORP And NBF For 50 MW Solar Portfolio In Dubai
TotalEnergies is building a portfolio of activities in renewables and electricity that are expected to account for up to 40% of its overall sales by 2050. TotalEnergies has secured a $34mn debt from the Arab Petroleum Investments Corporation (APICORP) and the National Bank of Fujairah (NBF) to finance the construction of a 50 megawatts (MW) […]
Etrion Sheds 47.2-MW Solar Portfolio in Japan
Independent power producer Etrion Corp (TSE:ETX) today said it has offloaded its shareholding in a 47.2-MW portfolio of solar parks in Japan to a domestic consortium. The deal, with a gross value of JPY 8.25 billion (USD 74.7m/EUR 62.9m), concerns Etrion’s 13.2 MW-Komatsu, 24.7-MW Shizukuishi and 9.3-MW Mito photovoltaic (PV) farms, the given capacity of […]
SunAsia Partners With Singapore’s Blueleaf For 1.25-GW Solar Portfolio
LOCAL renewables firm SunAsia Energy, Inc. said on Thursday that it had teamed up with Singapore-based Blueleaf Energy to build a portfolio of solar energy projects in Luzon with a target capacity of 1.25 gigawatts (GW). “The partnership coincides with the forecast growth of the Philippine’s solar energy market. The country is increasingly focused on […]
CESL Signs Pacts With Ladakh, Meghalaya; Expands Decentralized Solar Portfolio
New Delhi: State-run CESL has signed two pacts with Meghalaya and Union Territory of Ladakh for 65 MW of decentralised solar capacities. Convergence Energy Services Ltd (CESL), a wholly owned subsidiary of Energy Efficiency Services Ltd (EESL), has signed two Memorandum of Understanding (MoU) with two states of India – Meghalaya and Union Territory of […]
CESL Signs MoUs With Ladakh and Meghalaya; Expands its Decentralized Solar Portfolio
Convergence Energy Services Limited (CESL), a wholly owned subsidiary of Energy Efficiency Services Limited (EESL) has signed two Memorandum of Understanding (MoU) with two states of India – Meghalaya and Union Territory of Ladakh amounting to around 65 MW of decentralised solar. In the first MoU with Meghalaya Power Distribution Corporation Limited (MePDCL), CESL has […]
Elliott Green Power Looking For Buyers For $600m Australian Solar Portfolio
Another major investor in large-scale solar projects is ramping up efforts to sell its its Australian assets with Elliott Green Power engaging expert advisors to facilitate the sale of its 300MW solar portfolio. Elliott Green Power is understood to have engaged corporate advisory firm Azure Capital and the Bank of America to help find buyers […]