Latest News
Talen holdco to upsize Chapter 11 recap, enter market
Talen Energy Supply has reached an agreement with shareholders to upsize the company’s equity rights agreements by $250 million, triggering a process that will see the platform enter the M&A market
AEP appoints new CEO
American Electric Power – one of the largest utility companies in the US – has appointed a new chief executive as the incumbent, Nicholas Akins, prepares to step down
Takahashi takes Japan lead role for MIGA
The Multilateral Investment Guarantee Agency – part of the World Bank Group – has appointed Susumu Takahashi to represent it as its new head of Japan
Hill to head Koehler biomass drive
Philipp Hill has joined the board of management at Koehler Renewable Energy, assuming departmental responsibility for the commercial biomass division
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ORIT acquires 51% stake in Scottish wind farm
Renewables EuropeOctopus Renewables Infrastructure Trust has entered into an agreement to acquire a 51% ownership interest in the 48MW Crossdykes Wind Farm in southern Scotland
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DFI-backed loan facility signed for solar business
Renewables Sub-Saharan AfricaUS-based solar home systems provider d.light has signed with a consortium of lenders a $50 million loan facility to expand its off-grid solar business in Sub-Saharan Africa
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UAE company takes 50% stakes in Kalyon Enerji
Renewables EuropeUnited Arab Emirates-based public joint stock company International Holding Company – through its subsidiary International Energy Holding – has acquired a 50% stake in Kalyon Enerji for AED 1.8 billion
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Shortlist out for Cluster sequencing Phase 2
Renewables EuropeThe UK Department for Business, Energy and Industrial Strategy has announced shortlisted projects that will proceed to the Cluster sequencing Phase 2
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Keppel to invest in German offshore wind farm
Renewables EuropeKeppel Corporation and Keppel Infrastructure Fund Management – the Trustee-Manager of Keppel Infrastructure Trust – are set to jointly invest €305 million in an SPV which holds 50% of Borkum Riffgrund 2, an offshore wind farm in Germany
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Spark Renewables embarks on 1GW wind-battery venture
Renewables Asia PacificSpark Renewables – an offshoot of Australian investor Spark Infrastructure – has unveiled plans for a 1GW wind – battery project in New South Wales’ South-West Renewable Energy Zone
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Hindalco, Greenko ink on India solar + wind
Renewables Asia PacificAditya Birla Group’s Hindalco Industries has entered into an arrangement with Greenko Energies to set up a renewable energy project in eastern India
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indicative bids due September for NZ smart metering
Renewables Asia PacificA definitive timeline has emerged for the potential sale of the smart metering arm of New Zealand utility Vector, with indicative bids expected in September according to sources
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DEWA invites EoIs for revisited Hassyan IWP
Water MENADubai Electricity & Water Authority has invited EoIs for the revisited Hassyan IWP following a breakdown with previously selected developer Utico
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Canadian duo closes Chilean portfolio financing
Renewables Latin AmericaConnor Clark & Lunn Infrastructure, together with CarbonFree Technology, has closed a $360 million financing for their PMGD solar portfolio in Chile
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Air-e, EDF sign renewable MoU in Colombia
Renewables Latin AmericaColombian energy distributor Air-e has signed a memorandum of understanding with France's EDF Renewables that will see the 2 companies co-develop wind projects in the country
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Colbún to build 370MW solar asset
Renewables Latin AmericaChilean energy company Colbún has submitted a 370MW solar project to Chile’s Environmental Evaluation Service
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Bids arrive for Malaysia small-scale renewables
Renewables Asia PacificSustainable Energy Development Authority Malaysia has begun receiving bids for small-scale renewable power projects
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Globe, KKR, Stonepeak in largest Philippines tower deal
Telecoms Asia PacificFilipino telco Globe has passed a milestone in its sale of more than 7,000 towers to 3 buyers, including Stonepeak and KKR-backed companies
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EDC selects supplier for Philippines geothermal
Renewables Asia PacificFilipino renewable company Energy Development has chosen Italy-based Exergy to supply turbines for its geothermal power plants in the archipelago