CEFC to provide $77 million for 88 MW in Australia
The Clean Energy Finance Corp. (CEFC) has revealed plans to provide A$98 million ($77.05 million) in debt finance to back the development of the biggest biggest solar project in the Australian state of Victoria.
Indian renewable power developers queue for initial public offerings
It is expected that more and more Indian developers will be listed on IPOs in the coming years as an effective means to raise the equity for new power projects.
India’s IREDA lists $300 million bond on London Stock Exchange
Net proceeds from the bond will be used to finance the construction of several large-scale solar and renewable energy projects across India.
Foresight Solar Fund to buy 48% stake in 110 MW Bannerton solar farm in Australia
The British solar energy developer will purchase its first PV asset outside of the U.K. in the deal, which is being conducted as part of a joint venture with Syncline Energy Pty Ltd.
X-Elio raising €92.5 million bonds to refinance five solar projects
The Spanish renewable energy developer to issue bonds for the refinancing of 33 MW of installed PV capacity located in Spain.
Singulus adjusts 2017 revenue forecast
German PV equipment manufacturer Singulus has announced a reduction to its financial forecasting for the full year 2017. The company cites delays in a large-scale project for a China-based client as the primary reason for the reduction.
Mobisol to introduce new financing model to Tanzania’s off-grid sector
German off-grid expert Mobisol has announced plans to cooperate with two energy funds managed by responsAbility, an asset manager specializing in development investments. The deal will fuel further growth for Mobisol in the off-grid pay as you go sector, initially in Tanzania.
ReneSola to sell all shares in solar manufacturing business to CEO
Share purchase and subscription agreement struck by the Chinese solar company will see 100% of all share capital related to its manufacturing and LED distribution business transferred to the CEO, Xianshou Li, as part of firm’s restructuring.
Canadian Solar to list fund in Tokyo
The Tokyo Stock Exchange (TSE) has approved Canadian Solar’s plan to list the Canadian Solar Infrastructure Fund (CSIF) on the Japanese exchange’s infrastructure investment fund securities market.
Sonnedix refinances Spanish solar portfolio for €74m
The Spanish renewable power developer has announced a non-recourse finance package for 18.17 MW of installed solar PV capacity in Spain.
