Finance

Ratings for Solar to Remain Stable, Wind Revised to Negative: India Ratings

India Ratings has maintained a stable outlook for solar power projects for FY21 while revising the outlook on the wind sector to negative from stable. India Ratings and Research (Ind-Ra) has maintained a stable outlook on the overall energy and infrastructure sector, including solar power projects for FY21 while revising the outlook on the wind […]

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China Power Industry Sees 109.1% Rise in Deal Activity in Q4 2019

The power industry in China saw a rise of 109.1 percent in overall deal activity during the Q4 of 2019 when compared with the last four-quarter average The power industry in China saw a rise of 109.1 percent in overall deal activity during the fourth quarter (Q4) of 2019 when compared with the last four-quarter […]

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IFC Invests $200 Mn in Africa’s Largest Green Bond

IFC, an arm of World Bank, has invested about USD 200 million recently in the green bond issuance of Standard Bank of South Africa placed on the London Stock Exchange (LSE). Standard Bank Group is the largest African bank by assets having presence across 20 African countries. This is Africa’s largest green bond and South […]

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Atlas Renewable Energy Issues Largest Solar PV Bond in Latin America

Atlas Renewable Energy with DNB Markets has announced the issuance of the largest solar PV green USPP bond in Latin America to date. Atlas Renewable Energy with DNB Markets has announced the issuance of a USD 253 million US private placement (USPP) in Green Bond format. The notes were rated investment grade (BBB-) by Fitch Rating (including the construction […]

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Taaleri Announces Second Close of SolarWind II Fund at EUR 275 Mn

The Taaleri SolarWind II fund, held a second closing in February 2020, with approximately EUR 275 million in commitments. The Taaleri SolarWind II fund, the fifth renewable energy fund managed by Taaleri Energia Funds Management, held a second closing in February 2020, with approximately EUR 275 million in commitments. The second-close investors include the European […]

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AES Achieves 2019 Strategic and Financial Goals Thanks to Green Push

The AES Corporation has reported its financial results for 2019, claiming to have met all its strategic and financial goals by accelerating its green energy push. The AES Corporation has reported its financial results for the year ended December 31, 2019, claiming to have met all its strategic and financial goals for the final year […]

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Singapore-based Vena Energy Issues $325 Mn Green Bond

Vena Energy has announced the successful issuance of a benchmark USD 325 million (5-year 3.133 percent fixed rate) green bond offering. Vena Energy, one of Asia-Pacific’s leading independent power producers (IPP) and pure renewable energy company, has announced the successful issuance of a benchmark USD 325 million (5-year 3.133 percent fixed rate) green bond offering. […]

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Acciona Posts 13.7% EBITDA for Energy Business Despite 9.5% Drop in Turnover

Spanish conglomerate group Acciona has reported its financial figures for the financial year 2019, recording a net profit of EUR 352 million in 2019 (+7.2%) Spanish conglomerate group dedicated to the development and management of infrastructure and renewable energy – Acciona has reported its financial figures for the financial year 2019, recording a net profit […]

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Greenbacker Enters Tax Equity Commitment With Morgan Stanley Renewables

Greenbacker Renewable Energy has announced that it has completed a tax equity financing commitment with Morgan Stanley Renewables Inc. Greenbacker Renewable Energy Company has announced that it has completed a tax equity financing commitment with Morgan Stanley Renewables Inc. The tax equity financing will be placed on a diversified portfolio of solar commercial and industrial […]

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