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Enviromena’s first solar farm in the UK is switched on in Winchester
Clean energy company Enviromena has switched on its first UK solar farm in Winchester, which is capable of providing enough electricity to power 9,500 homes and offset 6,800 tons of CO2 emissions per year.
WFW advises BayernLB on Blue Elephant’s Italian solar PV portfolio refinancing
Watson Farley & Williams (“WFW”) has advised Bayerische Landesbank (“BayernLB”) on a €15m loan granted to Blue Elephant Energy GmbH (“Blue Elephant”) to refinance an Italian solar PV portfolio it owns via its subsidiary BEE Piemonte S.r.l. The facility will also finance the costs for revamping of the portfolio.
Sungrow Strengthens its Partnership with Menlo Electric
Sungrow, the world’s most bankable inverter brand, and Menlo Electric, a leading distributor of photovoltaics in Europe, Middle East and Africa, deepen their partnership with a distribution contract for 300 MW. The distributor’s offer will now include new products from the energy storage line and hybrid inverters. Thanks to the wide range of technical advantages, Menlo Electric expects the products will meet client demand in Europe and beyond.
Better Energy and Industriens Pension invest in EUR 800 million partnership to construct new solar parks
Better Energy and Industriens Pension are ready to make another major joint investment in expected 15 new solar parks in Denmark, Poland and Sweden for a construction sum of EUR 800 million. The two parties already jointly own 21 solar parks in a separate partnership.
Angèle Reinders new director Solliance
Angèle Reinders, professor at Eindhoven University of Technology (TU/e), has been appointed Solliance’s new director. Reinders will lead the new broad focus of the Dutch/Flemish/German solar energy partnership.
Veritas Capital Completes Acquisition of Wood Mackenzie
Veritas Capital today announced that an affiliate of Veritas has completed the purchase of Wood Mackenzie from Verisk.
Scatec sells its Upington solar plant in South Africa for NOK 569 million to finance further growth
Scatec ASA has today signed an agreement with a subsidiary of STANLIB Infrastructure Fund II, managed by STANLIB Asset Management Proprietary Limited, to sell its 42% equity share in the 258 MW Upington solar power plant for a gross consideration of ZAR 979 million (NOK 569 million).
PowerField sees rapid growth for sustainable and innovative energy solutions by raising circa €500 million
Van Lanschot Kempen is pleased to announce it acted as Sole Financial Advisor to PowerField Netherlands B.V. in raising debt and equity financing.
TotalEnergies Starts Up its Fourth Solar Power Plant in Japan
TotalEnergies has started up commercial operation of a 51-megawatt (MW) solar power plant located in Tsu, Mie Prefecture, Japan.
Canadian Solar partners with Gardant SGR on its first Italian alternative investment fund
Canadian Solar Inc. today announced it has signed an agreement to sell 30% of the preferred units of the Company’s first Italian alternative investment fund to Gardant Investor SGR. As the investor of CSFS Fund I, Gardant is the asset management arm of the Gardant Group, specialized in alternative and complex investments with over EUR560 million assets under management.
