Evolution II Fund Reaches Final Close at $216 Million Updated On Mon, Sep 16th, 2019 by Saurenergy Inspired Evolution has secured additional commitments, to reach total capital commitments of USD 216 million at the final closing of its Evolution II Fund. Investment management business, Inspired Evolution has secured a further USD 87.75 million in commitments from CDC Group, Cyane Holdings, the European Investment Bank, KLP Norfund Investments, Morgan Stanley Alternative Investment Partners […] Read more
GE Selected for CIP’s Monegros Wind Portfolio in Spain Updated On Fri, Sep 13th, 2019 by Saurenergy GE Renewable Energy has signed an agreement with CIP to provide its technology & services capabilities to power the Monegros onshore wind portfolio in Spain GE Renewable Energy has announced that it has signed an agreement with the Copenhagen Infrastructure Partners (CIP) to provide its technology and services capabilities to power the Monegros onshore wind […] Read more
Power Minister Hopeful New Tariff Policy Will be Cleared Soon Updated On Tue, Sep 10th, 2019 by Saurenergy A new power tariff policy with a focus on empowering the consumer has been sent to the Union Cabinet for approval and it is expected to be passed soon A new power tariff policy with a focus on empowering the consumer has been sent to the Union Cabinet for approval and it is expected to be passed soon, Power Minister RK […] Read more
European Utilities, Strategic Vendors Dominate EV Charging M&A Activity Updated On Mon, Sep 9th, 2019 by Saurenergy Strategic vendors and European utilities were responsible for over 80 percent of EV charging M&A activity from 2010 through H1 2019 A new report has revealed that strategic vendors – companies that offer products or services in the EV market – and European utilities were responsible for over 80 percent of electric vehicle (EV) charging […] Read more
IFC Raises $569 mn From 1st Canadian Green Bond Updated On Sat, Sep 7th, 2019 by Saurenergy IFC has issued its 1st Canadian dollar green bond, raising USD 569 million for climate-smart business. The International Finance Corporation (IFC), a member of the World Bank Group, has issued its first Canadian dollar green bond, attracting strong investor demand and raising CAD750 million (USD 569 million) for climate-smart business. The proceeds of the five-year […] Read more
Solar Leads as RE Investment Skyrocket Past $2.5 Trillion Updated On Fri, Sep 6th, 2019 by Saurenergy In the last ten years, the investments in the renewable energy sector have crossed the threshold of 2.5 Trillion dollars with solar at the top. The decade of investment (2010‐2019) quadruples renewables capacity from 414 GW to about 1,650 GW Solar capacity alone will have risen to more than 26 times the 2009 level — […] Read more
Terra-Gen Closes Financing for 400 MW Wind Facility Updated On Thu, Sep 5th, 2019 by Saurenergy Terra-Gen has closed construction financing of value USD 650 million for its 400 MW High Prairie Wind Power Facility under development in Missouri Leading independent renewable energy provider Terra-Gen has closed construction financing on its 400-megawatt (MW) High Prairie Wind Power Facility. The USD 650 million financing resulted from the attractive development attributes of the project, its […] Read more
Himachal Sign Pacts Worth 1000 Cr to Set up 250 MW of Solar Projects Updated On Wed, Sep 4th, 2019 by Saurenergy Himachal Pradesh has signed two pacts for setting up of two solar power plants worth 250 MW with an outlay of Rs 1,000 crore. Himachal Pradesh on September 3, 2019, signed two pacts for setting up two solar power plants worth 250 MW with an outlay of Rs 1,000 crore. The first pact with an estimated outlay […] Read more
ADB Pledges $12 bn to India’s New Flagship Initiatives Updated On Tue, Sep 3rd, 2019 by Saurenergy ADB President, Takehiko Nakao recently met with Narendra Modi and pledged to support the government’s new flagship initiatives led by the Prime Minister. Asian Development Bank (ADB) President, Takehiko Nakao recently met with Prime Minister Narendra Modi and pledged to support the government’s new flagship initiatives led by the Prime Minister. Modi and Nakao discussed […] Read more
