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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.

UK Green Investment Bank lends on Citi energy project

The UK Green Investment Bank (GIB) is to co-invest £5.2 million ($8.3 million) in a combined energy efficiency and cooling project at a UK data centre owned by Citi bank

SMBC renewables head to step down

SMBC’s head of renewable energy Lorena Ciciriello is to step down from the role within the structured finance department tomorrow (Friday 31 October)

EDF and Amundi to launch €1.5bn green fund

French utility EDF and European asset manager Amundi have teamed up to raise €1.5 billion ($1.8 billion) to finance renewable energy and energy efficiiency projects

Ballast Nedam to sell offshore business

Dutch construction company Ballast Nedam is to sell off its offshore wind construction business, the second European contractor to do so this month

Capital Dynamics to sell DG solar assets to TerraForm

Asset manager Capital Dynamics has agreed to sell 39 distributed generation solar assets to SunEdison’s yieldco – TerraForm Power – for roughly $250 million

Sunrun to launch debt package next week

Sunrun is planning to launch the $185 million debt financing backing a portfolio of operating and new projects next week (3 November 2014), IJGlobal has learnt

Tozzi and Ardian ink Italian biomass deal

Italian power business Tozzi and private investor Ardian have made their entrance into the European biomass market with the purchase of a 25.2MW project in Southern Italy for €100 million ($127.2 million)

Investec signs UK solar portfolio refinancing

UK solar developer Lightsource Renewable Energy has closed the refinancing of a portfolio of four solar power stations with a £27 million ($43.6 million) term facility from Investec

Bit-isle to borrow to expand Japanese PV portfolio

Japanese data centre operator Bit-isle plans to develop 19MW of solar photovoltaic capacity over the next three years, and fund the investment with a combination of borrowing and internal resources

International offshore wind consultancy launches

Four Dutch and German offshore renewables consultancies have established a new international consultancy company, called Wind Minds, to develop new offshore wind farms

Equitix to be bought by Tetragon for £159.5m

Equitix, the UK infrastructure funds manager, is to be acquired by investment company Tetragon Financial Group, it was announced last week

Ohio utilities to launch RFP for SRECs and RECs

FirstEnergy-owned utilities in Ohio are planning to launch a request for proposal (RFP) to purchase solar renewable energy credits (SREC) and renewable energy credits (REC)

Panama grants provisional solar license

Panama’s regulating body of public services (ASEP) has granted a provisional 12-month license to Panameña de Energía Solar VI to develop a 9.9MW solar photovoltaic (PV) project

Five bid for Pakistani solar projects

The province of Sindh in Pakistan has received five bids for its pathfinding solar power plants IPP project

Swiss power operator buys German wind

Swiss power plant operator KKB has bought the 6.3MW Pölzig wind farm in Thuringia, central Germany, from project developer WSB Neue Energien