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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.

Invenergy closes two wind financings

Invenergy has closed financing for two wind projects – Le Plateau 2 in Québec and Spring Canyon II, III in Colorado

Mitsui and Tokio Marine raise third solar fund

A ¥7.7 billion ($74 million) Japanese solar infrastructure investment fund developed by Japan’s Tokio Marine Asset Management and a Mitsui engineering subsidiary has reached final close

ACO to build two Myanmar solar plants

US based ACO Investment Group plans to develop two 150MW solar plants in Myanmar’s Mandalay region

November default likely for Coso Geothermal

The issuer for the $455 million in debt on the 302MW Coso Geothermal portfolio will default on its bonds after November 2014 if it is unable to roll over its letters of credit

Kimberley to close on SunMine PV next year

The City of Kimberley in British Columbia plans to reach financial close next year on a C$2 million ($1.84 million) loan for its C$5.3 million SunMine solar photovoltaic (PV) project

SunEdison approaches IFC on Honduras' first PV plant

SunEdison has approached the International Finance Corporation (IFC) for A and C loans of up to $62.5 million for what may be Honduras' first solar photovoltaic (PV) project

JinkoSolar signs Hengfeng solar contracts

JinkoSolar Power has signed project investment agreements with the local government of Hengfeng county in Jiangxi Province to develop a total of 100 MW solar PV projects in the region

Renexia wins offshore wind leases in Maryland

Italian renewable company Renexia’s subsidiary US Wind has won the bid for 323.75 square kilometres offshore Maryland to build wind projects

Armow wind bank group emerges

Pattern Energy and Samsung Renewable Energy have named 10 lenders for the financing of the Armow wind project in Ontario, IJGlobal has learnt

Court overrules on Atlantic City offshore wind

The New Jersey appellate court has ruled that the New Jersey Board of Public Utilities (BPU) must reconsider their previous rejection of the Atlantic City offshore wind project

EFA grant for Windiga’s Zina Solar

A fund managed by the African Development Bank (AfDB) has committed a grant of just under $1 million to the 20MW Zina solar photovoltaic project being developed by Windiga Energy in Burkina Faso

PPIB calls for Pakistan hydro bids

Pakistan’s Private Power and Infrastructure Board (PPIB) is inviting sponsors to bid to develop two greenfield hydropower projects

GDF Suez buys Brazilian wind projects

GDF Suez has acquired a complex of wind farm projects in north-eastern Brazil for up to R$54 million ($24 million)