Sterling & Wilson Solar IPO Records 9% Subscription on Day 1 Updated On Wed, Aug 7th, 2019 by Saurenergy The IPO of Sterling & Wilson Solar was subscribed 9 percent on the first day of bidding on August 6, 2019. The initial public offer (IPO) of Sterling & Wilson Solar Ltd was subscribed 9 percent on the first day of bidding on August 6, 2019. The IPO through which the company plans to raise about Rs […] Read more
Anchor Investments Yield Rs 1,406 cr for Sterling and Wilson Solar Updated On Tue, Aug 6th, 2019 by Saurenergy IPO bound Sterling and Wilson Solar has raised Rs 1,406 crore from anchor investments by allotting 1,80,28,846 equity shares Initial public offering (IPO)-bound Sterling and Wilson Solar Ltd has revealed that it has raised Rs 1,406 crore from 27 anchor investors by allotting 1,80,28,846 equity shares at the upper band price of Rs 780 ahead of […] Read more
EBRD Finances Largest Private-to-Private Solar Plant in Jordan Updated On Fri, Aug 2nd, 2019 by Saurenergy EBRD will together with its partners support a pioneering solar energy plant in Jordan with a financial package of up to USD 35 million. The European Bank for Reconstruction and Development (EBRD) has announced that it will together with its partners support a pioneering solar energy plant in Jordan with a financial package of up to […] Read more
IFC, EIB and Proparco to Finance Constriction of 2 Solar Plants in Senegal Updated On Thu, Aug 1st, 2019 by Saurenergy Proparco, IFC and the EIB have granted loans totaling EUR 38 million for the construction and operation of two solar power plants in Senegal. Proparco, the International Finance Corporation (IFC) and the European Investment Bank (EIB) have granted loans totaling EUR 38 million for the construction and operation of two solar power plants in Senegal. […] Read more
EnBW Launches Green Bonds Worth €1 bn to Fund Clean Energy Projects Updated On Thu, Aug 1st, 2019 by Saurenergy EnBW has launched its first two green hybrid bonds on the capital markets with a total issue size of €1 billion Energie Baden-Württemberg AG (EnBW), a publicly-traded electric utility company headquartered in Karlsruhe, Germany, has launched its first two green hybrid bonds on the capital markets with a total issue size of €1 billion. Making […] Read more
Siemens Gamesa Doubles Net Income in First 9 Months of FY 19 Updated On Tue, Jul 30th, 2019 by Saurenergy Siemens Gamesa has reported in its results of the first nine months (Oct-Jun) of FY 2019, that it doubled its net income to €88 million in the period. Siemens Gamesa Renewable Energy (SGRE) has reported the results of the first nine months (October-June) and the third quarter (April-June) of the fiscal year (FY) 2019. The […] Read more
EDPR Sells Stake in 137 MW Brazilian Wind Farm to Actis Updated On Tue, Jul 30th, 2019 by Saurenergy EDPR has signed an agreement with a subsidiary of Actis for the sale of all of its shareholding in a 137 MW onshore wind project in Brazil EDP Renewables (EDPR), the renewable arm of Portugal’s largest electric utility company EDP, has announced that it has signed an agreement with a subsidiary of the private equity […] Read more
US DOE Grants $16 mn for 14 Energy Infrastructure Projects Updated On Fri, Jul 26th, 2019 by Saurenergy The US DOE has announced more than $16 million in funding for 14 tribal energy infrastructure projects The US Department of Energy (DOE) has announced more than $16 million in funding for 14 tribal energy infrastructure projects through DOE’s Office of Indian Energy. The investment will help Native American and Alaska Native communities harness their […] Read more
Waaree, Metafin Partner to Offer Lending Solutions Updated On Fri, Jul 26th, 2019 by Saurenergy The company said the loan will cover up to 70 percent of the total project cost and repayable through easy EMIs. To make solar energy more accessible, leading PV module maker and EPC services provider Waaree Energies has partnered with Metafin Cleantech, an NBFC specialising in renewable energy and clean tech, to provide easy lending. […] Read more