Scatec Solar Closes Financing for 400MW Solar PV Plant in Egypt Updated On Mon, Oct 30th, 2017 by Saurenergy The six solar PV projects totaling 400MW involving a total investment of USD 450 million are located in the Benban solar park in Aswan in Upper Egypt. Scatec Solar ASA (SSO) and partners have achieved financial close for six solar PV power plants in Egypt totaling 400 MW. A consortium of international Development Finance Institutions […] Read more
Alterra Power announces closing of $19.9 million construction loan facility for 11 MW Spartan solar project Updated On Wed, Aug 9th, 2017 by Saurenergy Alterra expects the Spartan project to achieve commercial operations in December 2017 Alterra Power Corp. has announced the closing of a $19.9 million construction loan facility for the Spartan solar project, an 11 MW solar project located on the Michigan State University campus in East Lansing, Michigan. The loan facility is supplied by 1st Source […] Read more
Canadian Solar Secures AUD65 Million Project Financing for its 47MWp Solar Power Projects in Australia Updated On Tue, May 2nd, 2017 by Saurenergy The 17MW Longreach 30MW Oakey solar power projects in Queensland, Australia are both scheduled to commence construction in May 2017 and reach commercial operation in early 2018. Canadian Solar, one of the world’s largest solar power companies, today announced that it has secured AUD65 million (US$50 million) of non-recourse project financing with a 5-year term […] Read more
Canadian Solar Secures USD 62.8 million Refinancing For 50 Megawatts Solar Power Projects Updated On Mon, Dec 19th, 2016 by Saurenergy Canadian Solar has secured GBP 49.3 million (US$62.8 million) non-recourse term loan facilities to refinance a portfolio of 10 solar power plants, with total capacity of 50 megawatts in the United Kingdom. National Westminster Bank (NatWest), a subsidiary of RBS Group, is providing the 18.7-year term facility. Part of the proceeds will be used to […] Read more
D. E. Shaw Renewable Investments acquires and commences Construction of 52 MW Solar Farm in Mississippi Updated On Fri, Dec 16th, 2016 by Saurenergy D.E. Shaw Renewable Investments (DESRI) has acquired the Mississippi Solar 2 project from Origis DevCo Inc. (Origis). The project is a 52 MWAC solar power facility located three miles away from the town of Sumrall in Lamar County, Mississippi. DESRI has announced that soon after the acquisition it has started construction of the project, which […] Read more
Canadian Solar Closes Financing For 55 Megawatt Yamaguchi Shin Mine Solar Power Project in Japan Updated On Tue, Dec 6th, 2016 by Saurenergy Canadian Solar Inc. (the “Company”, or “Canadian Solar”) (NASDAQ: CSIQ), one of the world’s largest solar power companies, today announced that it has closed JPY14.9 billion (US$141.5 million) senior and subordinate non-recourse term loan facilities to finance the construction and operation of a 55 MWp solar power plant in the Yamaguchi prefecture, Japan. The facilities […] Read more
Azure Power Starts Construction of 100 MW NTPC Project in Andhra Pradesh Updated On Thu, Dec 1st, 2016 by Saurenergy Azure Power has announced that it has started the construction of its 100MW solar power project in Andhra Pradesh. The Company has secured land and financing for this project. The project was auctioned by NTPC, which is designated under National Solar Mission for a total capacity of 1000 MW of solar power projects at Kurnool […] Read more
National Energy Partners Secures $15 Million in Financing from Forum Equity Partners Updated On Thu, Nov 17th, 2016 by Saurenergy National Energy Partners (“NEP”) and Forum Equity Partners (“Forum”) announced that they had signed an agreement in which Forum will provide up to $15 million in growth financing for NEP, a leading developer of distributed Photovoltaic Solar Generation Systems for commercial and municipal customers. Under the agreement, Forum will provide development capital and construction equity […] Read more
Azure power raises 470 million dollars financing for its solar projects Updated On Tue, Nov 8th, 2016 by Saurenergy Azure Power, a leading independent power producer in the solar power sector in India, announces it has tied-up approximately US$ 470 million financing for its projects to be commissioned in 2017. This is one of the largest financing done till date in the Indian solar sector. With this tie-up Azure Power’s cumulative financial commitment to […] Read more
