SUBSCRIBE NEWS LETTER

construction financing

AVANA Capital and SolRiver Close Construction Financing for Six Solar Projects

SolRiver Capital has closed on USD 30 million of construction financing with AVANA Capital for a portfolio of six solar projects worth a combined 24 MW. SolRiver Capital, a solar investment fund that acquires and owns distributed generation and utility-scale projects, has announced that it has closed on USD 30 million of construction financing with […]

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Innergex Closes Construction Financing For its 328 MW Texas Wind Farm

The facility is expected to produce a gross estimated long-term average of 1,230 GWh and will be the largest wind farm project built by Innergex. Canadian renewable energy solutions firm, Innergex Renewable Energy has announced the closing of a construction financing and tax equity commitment for the Foard City wind project located in Foard County, […]

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ACME’s Subsidiary Secures Rs. 1,988 Cr Financing From PFC

ACME Renewtech Private Limited, a subsidiary of Haryana-based ACME Solar Holdings (ACME Solar) recently secured Rs. 1,988 crore term loan financing from Power Finance Corporation (PFC).  This financing will fund the development and construction of a 300 MW Solar-Wind Hybrid Renewable Energy Project. The project will be located in high-resource potential areas, with solar capacity […]

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Zelestra Closes €132 Mn Financing For Its Gorbea Solar Plant In India

Spanish renewable energy firm Zelestra, has closed a €132 million (INR 1472 crores)  project financing package for its Gorbea solar photovoltaic plant in India. The financing was signed with HSBC, Credit Agricole, MUFG, and Bank of America. The facility, denominated in Indian Rupees (INR), is designated as green financing under Zelestra’s Green Financing Framework, aligning […]

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Cleantech Solar Secures Rs 855 Cr Financing From Aseem Infrastructure Finance

Cleantech Solar, a renewable energy solution provider with operations in India and Southeast Asia, has announced the financial close of a long-term senior secured loan of Rs. 855 crores from Aseem Infrastructure Finance Limited. This loan is to expand the company’s open-access Commercial and Industrial (C&I) portfolio in India. The Rupee Term Loan (RTL) is […]

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CESC Acquires 300 MW Under-Construction Solar Park Developer In Rajasthan

CESC Limited has announced the acquisition of a solar park of 300 MW capacity at Nokh and Gelaba Camp Village, Pokaran Tehsil in Phalodi District, Rajasthan. The company has acquired the solar park from SKP Green Ventures Private Limited. According to a filing by CESC limited, Purvah Green Power Private Limited, a step-down subsidiary of […]

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Recurrent Energy Secures $70 Million Financing For 152 MW Brazil Solar Project

Solar and energy storage assets firm Recurrent Energy has announced that it has secured  $70 million of non-recourse project financing from Banco do Nordeste do Brasil S.A. (BNB) for its Jaiba III solar project in Brazil. The 152 MW Jaiba III project will be financed over 22 years spanning both construction and operation phases. Linked […]

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Shizen Energy, Microsoft Complete Construction Of Inuyama Solar Plant

Shizen Energy Group has announced the completion of its Inuyama Solar Power Plant. It’s a large-scale solar power plant in Inuyama city, Aichi Prefecture in Japan, that commenced commercial operation in February 2024, and a completion ceremony was held on 25 March at the site. The power plant has a rated output of 31 MW […]

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Adani Green Seals Its Largest Project Financing Of USD 1.36 billion

Adani Green Energy Ltd (AGEL) announced a follow-on funding of USD 1.36 billion (Bn) to further boost its Construction Financing Framework to USD 3 Bn backed by a consortium of renowned international banks.  The renewable energy firm said that the green loan facility would play a pivotal role in enabling the development of AGEL’s next […]

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