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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.

Impax closes on Finnish onshore wind farm

Environmental investor Impax Asset Management has reached financial close on its 51MW Kuolavaara-Keulakkopää (Kuke) onshore wind farm in Lapland, northern Finland

First Jordan solar deals reach financial close

The International Finance Corporation yesterday (30 September 2014) signed on the financings for the seven solar photovoltaic projects it is involved in as part of the first round of Jordan’s renewable energy procurement programme

World Bank approves loans for Morocco’s Noor II & III

The World Bank Group has approved funding of $519 million for the second and third stage of Morocco’s Noor concentrated solar power (CSP) project in Ouarzazate

GE consortium invests in Japan’s largest solar plant

GE Energy Financial Services, Kuni Umi Asset Management and Toyo Engineering have invested in Japan’s largest solar power project, a 231MW solar plant in Setouchi City, Okayama Prefecture through special purpose company Setouchi Future Creations

Ex-WestLB banker joins Crédit Agricole

Michael Boarts, former banker at WestLB, has recently joined Crédit Agricole as vice president in loan syndications

LS Power in talks to reprice debt on Centinela solar

LS Power is talking to lenders about repricing the bank debt on the operating 170MW Centinela solar photovoltaic (PV) facility in California, IJGlobal has learnt

Zuma Energía appoints new CEO

Actis yesterday (29 September 2014) announced the appointment of Adrián Katzew as CEO of its $250 million Mexican renewable energy venture, Zuma Energía

E.ON monetises BKW stake with exchangeable bond

German utility E.ON has closed a €113 million ($143 million) exchangeable bond issue that allows it to monetise its stake in Swiss utility BKW at a premium to BKW's current share price

InfraCo Asia seeks developer for Myanmar infra

InfraCo Asia is looking to pre-qualify a developer to identify potential infrastructure opportunities and undertake early stage studies for potential projects in Myanmar

IFC to invest in two more Nepali hydro projects

The International Finance Corporation (IFC) is considering taking equity and debt stakes in two more Nepali hydropower projects, IJGlobal has learnt

ACWA Power bids lowest for Noor II & III

A consortium led by Saudi Arabia-based developer ACWA Power looks favourite to win the mandates to construct the Noor II and Noor III concentrated solar power (CSP) projects in Morocco, IJGlobal can exclusively reveal

EBRD considers Poland’s Radzyn wind farm

Luxembourg-headquartered developer Green Bear is in talks with the European Bank for Reconstruction and Development over a senior debt facility for the 39MW Radzyn wind farm project in Poland

UK government approves Burbo Bank offshore expansion

The UK government’s Department of Energy & Climate Change (DECC) has today (26 September 2014) granted final consent for the expansion of DONG Energy’s Burbo Bank offshore wind farm in the Liverpool Way

DEWA pushes back schedule for Al Maktoum 2 solar

Dubai Electricity and Water Authority (DEWA) has pushed back the deadline for bids submissions on the 100MW Al Maktoum 2 solar photovoltaic project by a month

Tidal Energy lines up EDF on Ramsey Sound

Marine renewables developer Tidal Energy has signed a power purchase agreement (PPA) with EDF Energy for its 1.2MW Ramsey Sound stream generation unit in Wales.

Foresight reaches 185MW operational capacity

Foresight Solar Fund Limited (FSFL) has reached 185MW of operating solar capacity since its listing on the London Stock Exchange (LSE) in October 2013 following the recent connection of two assets to the grid

GE and HBRE sign Vietnam wind MoU

GE and HBRE Wind Power Company (HBRE) have signed a memorandum of understanding for cooperation in developing the proposed Tay Nguyen wind farm in Dak Lak province, Vietnam.