BlackRock Achieves $1 bn Record 1st Close for its Global Renewables Fund Updated On Thu, Dec 5th, 2019 by Saurenergy BlackRock has achieved a USD 1 billion first close for its GRP III renewables fund with commitments from 35 investors in North America, Europe and Asia. BlackRock Real Assets has announced that it has achieved a USD 1 billion first close for its Global Renewables Power III fund (GRP III) with commitments from over 35 […] Read more
Nokia to Transform Finland’s Smart Grid to Realise Renewables Potential Updated On Tue, Dec 3rd, 2019 by Saurenergy Nokia has been selected to build an IP/MPLS network to support the digital transformation of Finland’s national electrical grid. Nokia has announced that it has been selected by Fingrid, Finland‘s national transmission system operator, to build an IP/MPLS network to support the digital transformation of its national electrical grid. Fingrid will use the network to […] Read more
Mitsubishi-Chubu Consortium to buy Eneco for EUR 4.1 bn Updated On Tue, Nov 26th, 2019 by Saurenergy Eneco and a consortium of Mitsubishi and Chubu have reached an agreement on the proposed sale of all shares in Eneco for a total value of EUR 4.1 billion. Netherlands based producer and suppliers of natural gas, electricity and heat, Eneco has announced that the shareholders’ committee, Eneco and a consortium of Mitsubishi Corporation and […] Read more
Macquarie Integrates Savion Acquisition, Commercialises 1 GW of RE in North America Updated On Sat, Nov 23rd, 2019 by Saurenergy GIG, a subsidiary of the Macquarie, has announced that it has commercialised over 1 GW of new renewable energy projects via PPAs or sales in North America. The Green Investment Group (GIG), a subsidiary of the Macquarie Group, has announced that one year following the establishment in the US, it has built a national development […] Read more
Vestas Secures 103 MW Order and EPC Contract in New Zealand Updated On Tue, Nov 19th, 2019 by Saurenergy Vestas has signed a 103 MW engineering, procurement, and construction contract with New Zealand-based electricity generator and retailer Mercury. Vestas has signed a 103 MW engineering, procurement, and construction contract with New Zealand-based electricity generator and retailer Mercury. The deal will extend Mercury’s Turitea Wind Farm from 119 MW to 222 MW, improving the cost […] Read more
CPPIB to Acquire Pattern Energy in All-Cash Deal Updated On Tue, Nov 5th, 2019 by Saurenergy Moreover, the Pattern Energy stake transaction is expected to be completed by the second quarter of 2020, subject to required regulatory approvals, and other customary closing conditions. Canada Pension Plan Investment Board (CPPIB), a professional investment management organization, has entered into a definitive agreement to buy Pattern Energy in an all-cash transaction for USD 26.75 […] Read more
Infosys Helps in Digital Transformation of Siemens Gamesa Renewable Energy Updated On Tue, Nov 5th, 2019 by Saurenergy According to the contract signed, Infosys will enable Siemens Gamesa Renewable Energy to align its existing disparate IT setup into a harmonized and consolidated infrastructure landscape. IT giant Infosys has entered into a strategic long-term partnership with Siemens Gamesa Renewable Energy (SGRE), global leader in wind energy, in order to help in its digital transformation. […] Read more
Ginlong Turns in Stellar Third Quarter Numbers Updated On Mon, Nov 4th, 2019 by Saurenergy Ningbo, China based String inverter maker Ginlong has announced its third quarter results, with revenues at $52 million. For the firm, which started operations in 2005, these numbers demonstrate the scoching growth it has seen since post 2016, being higher than the numbers recorded in 2014, 2015, and 2016 combined.The numbers also come at a […] Read more
Mitsui to Sell Entire Stake in Solar, Wind Project in Canada Updated On Wed, Oct 30th, 2019 by Saurenergy Tokyo-headquartered Mitsui has 30 percent stake in this project through its investment company MIT Renewable Inc. Mitsui & Co. Ltd, an arm of Japanese Mitsui Group, has signed a pact with Axium Infrastructure (Axium) in order to sell its entire shareholding in a Canadian project (i.e. C2C Power LP), having 679 MW of installed capacity. […] Read more
