IEA Announces $98 mn Wind Construction Project Updated On Wed, Aug 7th, 2019 by Saurenergy Infrastructure and Energy Alternatives, Inc. (IEA) has announced a new wind energy project award valued at approximately USD 98 million. Infrastructure and Energy Alternatives, Inc. (IEA), a leading infrastructure construction company with specialised energy and heavy civil expertise, has announced a new wind energy project award valued at approximately USD 98 million. The award is for construction of the Milligan 1 Wind […] Read more
Solarpack Closes Financing on 3 Solar Plants in Spain Updated On Wed, Jul 24th, 2019 by Saurenergy Solarpack has closed the financing of 3 solar plants in Spain for a total of EUR 59 million, with a cumulative module capacity of 112 MW Solarpack has closed the financing of 3 solar photovoltaic plants in Spain for a total of 59 million euros, divided into a VAT financing tranche and a senior Project […] Read more
EIB, ICO and Iberdrola Sign Green Financing Deal for Europe’s Largest PV Plant Updated On Wed, Jul 17th, 2019 by Saurenergy EIB and ICO will finance the development of the 500 MW Núñez de Balboa PV power plant, which Iberdrola is currently building in Extremadura, Spain. The European Investment Bank (EIB) and the Instituto de Crédito Oficial (ICO) will finance the development of the Núñez de Balboa photovoltaic power plant, which Iberdrola is currently building in Extremadura, Spain. […] Read more
Longroad Energy Secures Financing for its 243 MW Wind Farm in Texas Updated On Wed, Jul 10th, 2019 by Saurenergy Longroad Energy has announced that it has secured the financing, and started of construction of its El Campo wind farm in Knox County, Texas. Longroad Energy, a US-based renewable energy developer, owner and operator has announced it has secured the financing, and started of construction of its El Campo wind farm in Knox County, Texas. […] Read more
GE Promotes €90 Mn Financing For Phase-II of 200 MW Ukrainian Wind Farm Updated On Thu, Jun 27th, 2019 by Saurenergy GE Capital has reached the financial close of €90 million for DTEK Renewables’ 200 MW wind farm project, Primorskaya Wind Farm. GE Capital’s Global Capital Advisory business, a unit of GE, has reached the financial close of €90 million for DTEK Renewables’ 200 MW wind farm project, Primorskaya Wind Electric Plant (Primorsk). The project financing […] Read more
FMO Grants Rs 208 Cr to Srei Equipment For Refinancing Green Projects Updated On Fri, Jun 21st, 2019 by Saurenergy Srei Equipment has received credit approval for Rs 208 crore from FMO. The industry leader in construction and mining equipment financing, Srei Equipment Finance Limited, a wholly-owned subsidiary of Srei Infrastructure Finance Limited has received credit approval for USD 30 million (Rs 208 crore) from FMO, a Netherlands based Development Finance Bank. According to Srei, […] Read more
Climate Financing By MDB’s Hit Record High of $43.1 Bn in 2018 Updated On Mon, Jun 17th, 2019 by Saurenergy A new report has revealed that climate financing by the world’s largest MDBs in developing economies rose to an all-time high of $43.1 billion in 2018 A new report has revealed that the climate financing by the world’s largest multilateral development banks (MDBs) in developing countries and emerging economies rose to an all-time high of […] Read more
Scatec Solar Begins Construction on 148 MW Solar Plant in Ukraine Updated On Wed, Jun 5th, 2019 by Saurenergy Scatec Solar has announced that it has begun construction work on the 148 MW Progressovka solar project in Ukraine. The project will be realised in collaboration with PowerChina Guizhou Engineering Co. Ltd. that will provide construction financing and Engineering Procurement and Construction (EPC) services to the project in Ukraine, while Scatec Solar will be the […] Read more
Kenya’s 1st Utility Scale IPP Solar Proj to Kick-off Construction Post Financial Close Updated On Mon, Jun 3rd, 2019 by Saurenergy Meanwhile, it is expected that the plant will reach commercial operation in mid-2020 as the construction work likely to take around twelve months. With an aim to power Africa’s growth trajectory, Globeleq is mulling to begin the construction of Kenya’s one of the first IPP-owned utility scale solar power plants post the financial close. This 40 […] Read more