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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.

BMR Energy closes on Jamaica Wind

Blue Mountain Renewables (BMR) Energy has closed financing for its 36MW BMR Jamaica Wind project in St. Elizabeth, Jamaica

First State Investments reaches final close on EDIF fund

First State Investments has reached close on its €2 billion ($2.25 billion) European Diversified Infrastructure Fund (EDIF) after a fifth and final round of fundraising for the six-year-old fund

UK's Green Investment Bank makes boardroom hires

The UK Green Investment Bank (GIB) has promoted Peter Knott to chief financial officer and hired Eoxis’ Laurence Mulliez as a new non-executive director

Consultation on Swansea Bay Lagoon state subsidy begins

The UK government has launched a consultation into the design of a potential bespoke Contract for Difference (CfD) award for the £1 billion ($1.6 billion), 320MW Swansea Bay tidal lagoon project in South Wales

Welspun signs Indian solar MoU

Welspun Renewables has signed a memorandum of understanding (MoU) for setting up a 100.1MW solar project in Andhra Pradesh, India

EU approves CfD state aid for Teesside biomass

The 299MW Teeside combined heat and power biomass plant in the UK, under development by MGT Power, has had its contracts for difference state aid approved by the EU today

LAP nears signing on San Juan wind

Santiago-based Infrastructure fund Latin American Power (LAP) is in the final stage of negotiations with a group of local and international lenders for a roughly $300 million debt-financing for the 184.8MW San Juan wind farm in Chile, IJGlobal has learnt

Algonquin seeks banks for Odell financing

Canada-based utility Algonquin has begun speaking to banks about financing the 200MW Odell wind project in Minnesota, IJGlobal has learnt

Aviva Investors plans euro-denominated REaLM fund

Aviva Investors is engaged in discussions with the market for a new REaLM Infrastructure fund that would be euro-denominated, and they hope to get it off the ground during 2015, IJGlobal can exclusively reveal

E.ON names Germany chief executive

Robert Hienz is to join E.ON's management board as chief executive of the utility giant's German activites

Morgan Stanley-backed solar holdco to launch $100m debt

MySolar, a residential solar holding company, is to launch syndication for $100 million debt backing a portfolio of residential solar photovoltaic (PV) assets, IJGlobal has learnt

Statkraft to decide on 1GW of Norwegian wind

Statkraft is expecting to reach a final investment decision on approximately 1GW of Norwegian onshore wind capacity in the second quarter of 2015