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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.

ECP closes Wheelabrator acquisition

Energy Capital Partners (ECP) has closed the $1.94 billion acquisition of waste-to-energy developer Wheelabrator Technologies from Waste Management

REIF closes debt facility with German pension fund

GCG Renewable Energy Infrastructure Fund (REIF), a fund advised by Munich-based Goodyields Capital, has closed a non-recourse debt financing for the fund’s portfolio of onshore wind and solar PV assets

Mainstream closes new debt facility

Renewables developer Mainstream Renewable Power has closed a new €60 million ($73.6 million) corporate debt facility

DONG to go ahead with UK Burbo Bank extension

DONG Energy has decided to construct the offshore wind farm 258MW Burbo Bank Extension located 8km off the United Kingdom coast in Liverpool Bay

LIPA approves 11 solar PPAs, rejects Deepwater Wind

The board of trustees of the Long Island Power Authority has approved power purchase agreements with 11 solar projects for a combined 122MW of capacity

NextEnergy to acquire two solar projects

London-listed NextEnergy Solar Fund (NESF) has signed share purchase agreements to acquire two solar plants in England and Wales for £32.7 million ($51.10 million)

JP Morgan and Sonnedix create solar vehicle

A group of institutional investors advised by JP Morgan Asset Management and solar developer Sonnedix have formed a new 50/50 joint venture, Sonnedix Power Holdings, to invest in solar projects

Onyx makes senior appointments

Onyx Renewable Partners, backed by private equity firm Blackstone, has appointed Leanne M. Bell as CFO and Daniel J. De Boer as senior vice president of finance

First drawdown on Kenya's Lake Turkana wind farm

The Aldwych-led sponsor consortium for the 300MW Lake Turkana wind farm in Kenya has received the first disbursement of funds for the project

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