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Northland closes on Gemini offshore wind

A Northland Power-led consortium has reached financial close on the €2.8 billion ($3.7 billion) 600MW Project Gemini offshore wind farm in the Netherlands.

Armow wind bank group emerges

Pattern Energy and Samsung Renewable Energy have named 10 lenders for the financing of the Armow wind project in Ontario, IJGlobal has learnt

Court overrules on Atlantic City offshore wind

The New Jersey appellate court has ruled that the New Jersey Board of Public Utilities (BPU) must reconsider their previous rejection of the Atlantic City offshore wind project

EFA grant for Windiga’s Zina Solar

A fund managed by the African Development Bank (AfDB) has committed a grant of just under $1 million to the 20MW Zina solar photovoltaic project being developed by Windiga Energy in Burkina Faso

PPIB calls for Pakistan hydro bids

Pakistan’s Private Power and Infrastructure Board (PPIB) is inviting sponsors to bid to develop two greenfield hydropower projects

GDF Suez buys Brazilian wind projects

GDF Suez has acquired a complex of wind farm projects in north-eastern Brazil for up to R$54 million ($24 million)

Kuwait to issue RFP for Abdaliyah ISCC in October

State procurement agency Partnerships Technical Bureau (PTB) is planning to release a request for proposals to prequalified bidders for the 280MW Abdaliyah integrated solar combined cycle (ISCC) project in October 2014

IFC mulls $154m Honduran PV financing

The IFC is considering supporting what could be Honduras’ first photovoltaic solar power projects with a debt financing of up to $154 million

Alterra arranges construction debt for Jimmie Creek Hydro

Alterra and Fiera Axium are arranging construction debt with four lenders, at least one of which is a Canadian life insurance company (lifeco), to finance the 62MW Jimmie Creek Hydro project. Sponsors are targeting financial close in the next two months.

Greencoat and Swiss Life acquire four UK wind farms

Greencoat UK Wind (UKW) and Swiss Life Asset Managers have entered into an agreement to acquire four UK onshore wind farms from AES for a total consideration of £175.5 million ($292 million).

Nepal’s Kabeli hydro nears close

The consortium developing the Kabeli A Hydroelectric Project in Nepal is understood to be preparing to drawdown on an IFC loan

Elemental Energy closes Box Canyon Hydro financing

Elemental Energy’s affiliate Box Canyon Hydro Corporation has closed C$61 million ($55.96 million) non-recourse debt for a 16MW run-of-river hydro project in British Columbia

Macquarie seeks debt for Baltic 2 equity acquisition

Macquarie is talking with banks about a debt financing to fund its upcoming 49% equity acquisition in EnBW’s €1.4 billion ($1.87 billion) Baltic 2 offshore wind project

Silex cuts Aussie solar project over RET uncertainty

Doubts over the future of Australia’s Renewable Energy Target has led Silex Systems to cancel its proposed 100MW Mildura solar project, in Carwarp, near Mildura in Victoria

GIB and John Laing plan bond issue for Speyside Biomass CHP

A new £74 million ($123.7 million) combined heat and power (CHP) project in Scotland is to be financed with investments from the UK’s Green Investment Bank and John Laing, together with debt raised on the bond market

Enel bids big for South Africa’s fourth renewables round

Enel Green Power is set to make more bids than any other developer in the fourth round of South Africa’s renewable energy independent power producer procurement (REIPPP) programme, with the deadline for submission set for today (18 August 2014)

Wyoming grants approval for 3,000MW wind farm

The State of Wyoming’s Industrial Siting Council approved the Power Company of Wyoming, affiliate of Anschutz Corporation, to build and operate a 3,000MW wind farm

EDF pulls out of 12MW Hollow Panson UK wind farm

EDF Energy Renewables has withdrawn its planning application for a 12MW onshore wind farm in the UK following a review of its development proposals