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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.

Abengoa awarded in Chile power tender

Spanish power developer Abengoa has been awarded 950 GWh/year in a Chilean tender organised last week by the National Energy Commission (CNE) for 15-year supply contracts with local distribution companies

IADB ready to lend to Honduran renewables

The Inter-American Development Bank (IADB) is poised to begin lending to private sector renewable energy projects in Honduras, IJGlobal has learnt

SunPeak signs with NADB on California's Solar Park 2

Sponsor SunPeak Solar has received a $41 million loan from the North American Development Bank (NADB) to finance construction of the SunPeak Solar Park 2 project in California

Allete Clean Energy buys Iowa wind farm

Allete Clean Energy has finalized the acquisition of the 108MW Storm Lake I wind farm in Iowa from NRG Energy

OPIC approves financing for Kipeto wind

The credit committee for the Overseas Private Investment Corporation (OPIC) has approved lending of up to $233 million for the construction of the 100MW Kipeto wind project in Kenya

Capital Dynamics reaches final close on clean fund

Swiss private asset manager Capital Dynamics has reached final close of its Capital Dynamics Clean Energy and Infrastructure Fund (the CEI Fund) at $462.5 million

InfraCo closes Coc San hydro financing

InfraCo has closed a $23 million equivalent local currency financing for the 29.7MW Coc San hydropower project in Vietnam

Good Energy closes on Hampole wind refinancing

AIM-listed renewable electricity supplier Good Energy has closed on a £45 million ($70.45 million) debt facility with Gravis Capital Partners (GCP) Infrastructure Investments to refinance and expand its wind and solar portfolio. The deal closed on 17 December 2014

South Africa to announce REIPPP round 4 winners in 2015

South Africa’s Department of Energy has again delayed the announcement of preferred bidders for the fourth round of its renewable energy independent power producer procurement (REIPPP) programme

Financial close for Thanet OFTO

Balfour Beatty has reached financial close on its £164 million ($256.6 million) acquisition of Vattenfall's Thanet offshore wind farm transmission assets in the UK

Orgaworld, Shanks win Surrey biofuels PPP project

The City of Surrey in British Columbia, Canada has selected Iris Solutions consortium preferred bidder for the Surrey biofuels processing facility project

Norway approves $1.4 billion Statkraft investment

Norway’s Parliament last week approved an NKr10 billion ($1.39 billion) equity contribution into wholly-state owned utility Statkraft for investment into renewable energy technologies throughout Europe. The company should receive the funding before the end of the week

Thermal and solar triumph in Chile power tender

Thermal and solar power projects were among the most successful bidders in a recent auction held by Chile's National Energy Commission (CNE) last week

Breeze III terminates MBIA bond wrap

The bondholders for the securitisation of the Breeze III wind portfolio in Germany and France have voted to terminate a wrap of their bonds by MBIA

EDC receives preliminary FiT allocation for Burgos

Energy Development Corporation (EDC) has received a preliminary feed-in tariff allocation for its 150MW Burgos wind project in the Philippines

Rockland launches syndication for power assets

Rockland Capital has launched syndication on a $177.5 million recapitalisation debt for a portfolio of three US power assets, IJGlobal has learnt

ContourGlobal prices Energía Eólica green bonds

Energía Eólica, a subsidiary of ContourGlobal, yesterday (15 December 2014) priced a $204 million senior secured green bond issuance to finance two operational wind farms in Peru

Juwi signs loans for MVV takeover

German renewables developer Juwi has secured around €300 million ($375.8 million) in loans, meeting a precondition for its takeover by utility MVV Energie

Enel ends La Geo dispute, exits El Salvador

Enel Green Power (EGP) has signed an agreement for the sale of its 36.2% stake in joint venture geothermal company, La Geo, to state-owned Inversiones Energéticas (INE/CEL) for $280 million

UK launches first power capacity auction

The UK's first power capacity auctions begin today (16 December 2014), with the government looking to procure an additional 48.6GW to be connected to the grid by the final quarter of 2018/first quarter of 2019

SunEdison closes on Honduran PV

SunEdison has reached financial close on the $146 million debt financing for an 81.7MW solar photovoltaic complex in Honduras

Debt signed on Penonome II

InterEnergy Holdings has signed a $300 million debt-financing for the 215MW Penonome II project in Panama's Coclé province, IJGlobal can exclusively reveal