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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.

November deadline for Malaysia waste RFPs

The four shortlisted parties for the roughly MYR800 million Kuala Lumpur waste-to-energy PPP project are due to submit RFPs on 10 November

Further extension to Noor II and III bid deadline

Moroccan Agency for Solar Energy (Masen) has further delayed the bid deadline for the Noor II and Noor III concentrated solar power (CSP) projects following complications with funding commitments from development finance institutions (DFIs)

NextEra gathers banks for McCoy solar project

NextEra is lining up lenders for the 250MW phase of the McCoy solar project in California, IJGlobal has learnt

IFC to invest in Acme’s Indian solar project

The International Finance Corporation (IFC) is considering lending around $34 million to Acme Solar Energy’s proposed 100MW solar project in Rajasthan, India, according to IFC dislosures

IFC approves ThomasLloyd loan

The board of the IFC has approved financing for a portfolio of renewable energy projects being in the Philippines being developed by ThomasLloyd Cleantech Infrastructure Fund and BronzeOak Philippines

Cape Wind debt details emerge

Energy Management Inc. (EMI) has launched part of the $1.95 billion debt package backing the first phase of Cape Wind, the long-awaited wind project off the coast of Massachusetts

TerraForm hires ex-Goldman Sachs banker

TerraForm Power has hired Alejandro Hernandez – former managing director at Goldman Sachs – as the CFO and executive vice president

Lender exits Mira Power’s Pakistani hydro financing

Financing on Mira Power’s 100MW Gulpur Hydropower Project in Gulpur, Pakistan has been delayed and one bank has dropped out, IJGlobal can exclusively reveal

Financial close for first phase of Scottish MeyGen project

Sponsor Atlantis hit financial close on a £51.3 million ($83.6m) financing for the first phase of the £1.6 billion, 398MW MeyGen tidal stream energy project off the Scottish coast

Partners Group focuses on Turkish energy

Swiss-based asset manager Partners Group is to focus on the emerging Turkish energy sector as other investors hunt for highly regulated, long-established energy assets elsewhere in Europe

Mainstream takes up equity in Ghana’s Ayitepa wind farm

Mainstream Renewables has signed an agreement with Swiss company NEK Umwelttechnik to acquire all of the equity in the greenfield 225MW Ayitepa wind farm in Ghana

ADB supports Rajasthan transmission project

The Asian Development Bank (ADB) and the Government of India have signed two loans totalling $150 million to help build transmission lines that will support renewable energy development in the state of Rajasthan

Fiera Axium buys wind stakes from EDP and EDF

Fiera Axium has signed an agreement to buy a minority cash equity interest in a 1.1GW US wind portfolio from EDP Renovaveis, a subsidiary of EDP. Once the transaction closes, Fiera Axium would own about 36% – or 394.5MW – of the portfolio

Xcel subsidiary launches Texas solar RFP

Xcel Energy’s Southwestern Public Service Company has launched a request for proposals (RFP) for up to 200MW of solar photovoltaic energy generation in Texas