Solarcentruy Secures Finance to Build 500 MW Solar Projects in Spain Updated On Thu, Jan 9th, 2020 by Saurenergy Solarcentury has secured a new EUR 54.8 million banking facility for the construction of two solar plants in Spain, with a combined capacity of 500 MW Solarcentury, the global integrated solar power company with operations across Europe, Latin America and Africa, has announced that it has secured a new EUR 54.8 million banking facility with […] Read more
BNP Paribas Closes Sustainability Linked RCF With Brookfield Renewables Updated On Wed, Jan 8th, 2020 by Saurenergy BNP Paribas has closed an incentive-linked corporate revolving credit facility with Brookfield Renewable Partners to expand its renewable portfolio BNP Paribas, a premier global banking partner, has announced that it has closed a bi-lateral, incentive-linked corporate revolving credit facility (RCF) with Brookfield Renewable Partners, structured as a sustainability-linked loan (SLL). One of the first SLLs […] Read more
Suzlon Energy Defaults on Rs 7200 Cr Worth in Loans Updated On Wed, Jan 8th, 2020 by Saurenergy Debt-laden Suzlon Energy has announced via a regulatory filing that it has defaulted on loans amounting to Rs 7,256.38 crore. Debt-laden Suzlon Energy has announced via a regulatory filing that it has defaulted on loans amounting to Rs 7,256.38 crore. The total default amount includes a principal of Rs 6,717.44 crore and interest of Rs […] Read more
Promoters Help Sterling and Wilson Solar pay Rs 1000 cr in Outstanding Loans Updated On Mon, Jan 6th, 2020 by Saurenergy Sterling and Wilson Solar has reported that thanks to its promoters the company has paid Rs 1000 crore in dues of its outstanding loans. Sterling and Wilson Solar, the solar engineering and construction subsidiary of Shapoorji Pallonji Group, has reported that thanks to its promoters the company has paid Rs 1000 crore in dues of […] Read more
Discoms Dues to Power Generators Rises to Rs 81k Cr in November Updated On Mon, Jan 6th, 2020 by Saurenergy Power producers’ total outstanding dues owed by Discoms increased around 45 percent to Rs 81,085 crore in November 2019. Power producers’ total outstanding dues owed by Discoms increased around 45 percent to Rs 81,085 crore in November 2019 over the same month previous year, reflecting stress in the sector. Discoms owed a total of Rs 54,834 […] Read more
Solar Integrated Roofing Secures $2.7 Million in Financing Updated On Sat, Jan 4th, 2020 by Saurenergy Solar Integrated Roofing has announced that it has secured a USD 2.7 million financing in a non-dilutive structure to close two acquisitions. Solar Integrated Roofing Corporation, an integrated solar and roofing installation company specialising in commercial and residential properties with a focus on acquisitions of like companies to build a footprint nationally, has announced that […] Read more
Siemens Gamesa Reaches €1.72 bn in Green Guarantee Lines in 2019 Updated On Sat, Jan 4th, 2020 by Saurenergy Siemens Gamesa has announced that in less than a year, and aligned to its commitment to sustainability it has accumulated €1.72 billion in green guarantee lines Siemens Gamesa recently extended a guarantee line from Danske Bank to EUR 150 million from an initial EUR 100 million and included Sustainable Development Goals (SDG) criteria. Likewise, the […] Read more
India Extends $75 mn LOC to Cuba for Solar Projects Updated On Sat, Jan 4th, 2020 by Saurenergy India has extended a LOC of USD 75 million to Cuba for financing solar projects after the agreement between Exim Bank and Banco Exterior De Cuba came into effect. India has extended a line of credit (LOC) of USD 75 million (Rs 500 crore) to Cuba for financing solar projects. An agreement signed between Export-Import Bank of India (Exim Bank) […] Read more
Taaleri Exits 3 Wind Farms Worth 73.2 MW in Finland Updated On Thu, Jan 2nd, 2020 by Saurenergy Taaleri will divest part of wind investment portfolio by selling shares in 3 wind farms in Finland to a consortium of Korean institutional investors Finnish wealth management group headquartered in Helsinki, Taaleri has announced that funds managed by it have agreed to divest part of their wind farm investment portfolio by selling their shares in […] Read more
