Octopus Investments expands refinancing with GBP 80 million
Already managing one of the largest solar investment funds in Europe, Octopus Investments has added an additional GBP 80 million, and acquired a further 100 MW solar project.
EBRD to provide financial assistance to International Solar Alliance
International Solar Alliance (ISA) and the European Bank for Reconstruction and Development (EBRD) have signed the joint financial partnership declaration to support solar energy projects developed under ISA programs.
Scatec Solar issues $92 million in green bonds
Norwegian based project developer Scatec Solar has announced the successful placement of NOK 750 million ($92 million) in unsecured green bonds.
BBOXX finalizes $5 million finance deal
Up to 150,000 Rwandans will be given access to electricity by next generation utility BBOXX, after it successfully closed the deal on a $5 million facility with Deutsch Asset Management’s essential Capital Consortium.
Canadian Solar signs deal to develop projects in Israel
Tier-1 module manufacturer Canadian Solar has announced joint venture between its wholly owned subsidiary in Israel and Menora Mivtachim, one of the country’s largest finance and insurance groups. The aim of the venture is to finance, develop, construct and own solar power projects in the Middle Eastern nation.
BNP Paribas to cease funding shale/tar sands, and increase financing for renewables
French banking group BNP Paribas has announced a series of measures to support the energy transition, including a pledge to cease all business with companies primarily involved in shale gas, tar sands oil and Arctic exploration for oil. The group also plans to increase its total financing for renewable energy projects to €15 billion by 2020.
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.
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.
Citigroup to go 100% renewable by 2020
The commitment by the 4th-largest bank in the United States follows on an earlier sustainable economy financing commitment.
Goldman Sachs buys Mosaic’s solar loans worth $300 million
The US solar financing provider claims it has originated over $1 billon of loans for homeowners to date.
