EBRD Invests €18 mn in Terna Energy’s Green Bond Updated On Tue, Oct 22nd, 2019 by Saurenergy EBRD will provide Terna Energy with a EUR 18 million investment in the Greek company’s successful issuance of a seven-year EUR 150 million green bond. The European Bank for Reconstruction and Development (EBRD) has announced that in an attempt to step up its efforts to support renewables in Greece, it will provide Terna Energy with […] Read more
Siemens Gamesa to Acquire Senvion’s European Assets for €200 mn Updated On Mon, Oct 21st, 2019 by Saurenergy Siemens Gamesa has announced that it has reached an agreement to acquire selected European assets of the Senvion Group for EUR 200 million. Siemens Gamesa Renewable Energy has announced that it has reached an agreement to acquire selected European assets of the Senvion Group for EUR 200 million. The assets included in the transaction are […] Read more
Scatec Solar Posts Strong Financial Results for Q3 2019 Updated On Mon, Oct 21st, 2019 by Saurenergy Scatec Solar delivered solid results in the Q3 of 2019 with proportionate revenues of USD 166.14 mn and EBITDA of USD 47.2 mn, a 68 percent increase YoY. Scatec Solar has announced that the company delivered solid results in the third quarter (Q3) of 2019 with proportionate revenues of NOK 1,522 million (1,259) (USD 166.14 […] Read more
Airtel Forays in to Renewables With 26% Acquisition of AMPSolar SPV Updated On Mon, Oct 21st, 2019 by Saurenergy Bharti Airtel has signed a pact with AMPSolar Evolution to acquire a 26 percent stake in the solar energy solutions provider for a total of Rs 8.4 crore. Marking its debut in the renewables sector, Bharti Airtel has announced that it has signed a pact with AMPSolar Evolution to acquire a 26 percent stake in the solar energy solutions provider […] Read more
Spain’s Ingeteam Secures R&D Loan from EIB Updated On Fri, Oct 18th, 2019 by Saurenergy EIB will finance Ingeteam’s innovative activities by providing a EUR 70 million Innovation Loan under the Investment Plan for Europe. The European Investment Bank (EIB) will finance the innovative activities at Ingeteam by providing a EUR 70 million Innovation Loan under the Investment Plan for Europe. The goal of the agreement is to support Ingeteam’s research, development […] Read more
Mining Operations in Australia to be Powered by Renewable Energy Updated On Fri, Oct 18th, 2019 by Saurenergy Western Australia’s Pilbara region will be the first major iron ore mining operation in Australia to be run entirely off renewable energy during the day. Western Australia’s Pilbara region is set to be home to the first major iron ore mining operation in Australia to be run entirely off renewable energy during the day. On […] Read more
IL&FS Finally Completes Sale of 7 Wind Energy Assets to Orix Updated On Thu, Oct 17th, 2019 by Saurenergy IL&FS has completed the sale of its wind energy assets to Orix Corporation for Rs 4,900 crore, helping the company resolve its debt of over Rs 4,300 crore. After months of deliberations and seeking approvals, crisis-hit IL&FS has said that it has completed the sale of its seven wind energy assets to Orix Corporation of […] Read more
India to Honour Commitments Under Various Energy Agreements: Nirmala Sitharaman Updated On Mon, Oct 14th, 2019 by Saurenergy Nirmala Sitharaman has assured investors that India will honour all its contractual agreements under various energy agreements. Finance Minister Nirmala Sitharaman while speaking at an event has assured investors that India will honour all its contractual agreements under various energy agreements. “Commitments shall be honoured and investors should not have any concern,” the minister said […] Read more
Neoen Issues €200 mn Bond Targeting 5 GW RE Capacity by 2021 Updated On Fri, Oct 4th, 2019 by Saurenergy Neoen has launched €200 million in senior bonds to finance growth towards the 2021 capacity target of more than 5 GW under construction or in operation French renewable energy producer Neoen has announced the successful launch of an offering of senior unsecured bonds for a maximum nominal amount of Euro 200 million. The company has […] Read more
