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EverSource Capital reaches final close on $741m climate impact fund
Renewables Asia PacificThe Everstone Capital and Lightsource BP joint venture has completed the $741 million final close of the India-focused Green Growth Equity Fund
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ScotWind – Vattenfall, Fred Olsen's 800MW plans
Renewables EuropeVattenfall and partner Fred. Olsen Seawind have won the rights to develop 798MW of floating wind over 200sq km in the North Sea – as part of ScotWind
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Hanwha takes 16.7% stake in REC Silicon
Renewables EuropeSolar manufacturer Hanwha Solutions Corporation has acquired around 70.1 million shares in REC Silicon for NOK1.4 billion
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King & Spalding hires structured finance partner
Telecoms North AmericaKing & Spalding has added David Ridenour, a structured finance and securitization partner, to its corporate, finance and investments practice group in Washington DC
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ACC forms JV with Harrison Street
Social & Defence North AmericaAmerican Campus Communities has sold a minority stake in its 8-property Arizona State University student housing portfolio to Harrison Street
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ScotWind – BP-EnBW's 2.9GW plans
Renewables EuropeBP and EnBW have been awarded the rights to develop 2.9GW of wind power over 850sq km in the North Sea as part of the ScotWind auction
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Final close on DigitalBridge's flagship fund
Social & Defence North AmericaDigitalBridge Group has hit final close on its second flagship fund – DigitalBridge Partners II – raising $8.3 billion in commitments, considerably exceeding its $6 billion target
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UK’s fusion machine completes its 100,000th pulse
Power EuropeJoint European Torus – the joint venture between UK Atomic Energy Authority and EUROfusion – has completed a landmark experiment into nuclear fusion energy with its tokamak machine
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McMillan’s Murphy elevated to CEO and MP
Transport North AmericaTim Murphy has been promoted to chief executive and managing partner of Canadian law firm McMillan
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Shell acquires Italian solar company
Renewables EuropeShell has acquired renewables developer solar-konzept Italia from its parent company solar-konzept International
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ScotWind – Ocean Winds' 1GW plans
Renewables EuropeEDP Renewables and Engine-owned Ocean Winds has won the rights to develop 1GW of fixed offshore power over 429sq km in the North Sea
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Chile launches transmission tender
Power Latin AmericaChile’s national electric coordinator has launched a new transmission tender covering 15 projects requiring total investments of over $300 million
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Actis appoints new managing director
Transport EuropeNeda Vakilian has been named the new managing director of global relationships within Actis’ investor development group
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Infracapital hires in asset management directors
Renewables EuropeLee Hamano-Crossingham and Giorgiana Wegener have joined Infracapital as directors on the asset management team, following the recent appointment of Priya Veerapen as a managing director in November
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Two bidders remain for Dondo solar PV
Renewables Sub-Saharan AfricaTwo developers are known to remain in the bidding for the 40MW Dondo solar PV in the Sofala Province of Mozambique
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CMB exits Chilean airport
Transport Latin AmericaChilean fund manager CMB has sold its 50% stake in a local airport concession
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EXCLUSIVE Providence fast-tracks hydrogen battery roll-out with new partner
Renewables Asia PacificRenewables developer Providence Asset Group expects to accelerate the roll-out of its patented long-duration Hydrogen Energy Storage System in Australia with Infrastructure Capital Group as its new equity partner
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Rio Energy gets wind permits
Renewables Latin AmericaLocal regulators have granted preliminary environmental permits for a wind farm in Rio Grande do Sul sponsored by local renewables developer Rio Energy
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Fortum forms JV with Russia’s Bank GPB
Renewables EuropeFinnish utility Fortum is to transfer a 1.3GW Russian wind portfolio from the Fortum-Rusnano investment fund to a new JV with Bank GPB