German independent power producer (IPP) ILOS Projects has secured a €500 million (US$531 million) structured finance facility from global energy and infrastructure investor EIG, intended to fund ILOS’s plans for over 2GW of solar and battery storage capacity by 2026.
Spanish oil major Repsol has acquired renewables energy investment platform Asterion Energies from European infrastructure fund Asterion Industrial for €560 million, plus up to €20 million in contingent payments.
Tech giant Meta has partnered with independent power producer Silicon Ranch to build seven solar projects in Georgia and Tennessee with a capacity of 720MW.
Japanese-headquartered financial services group ORIX Corporation has taken full ownership of Spanish renewables firm Elewan Energy after acquiring a further 20% stake in the company.
BP ventures, the investment platform of bp, has invested A$20 million (US$13.5 million) in Australian renewables company 5B to support the development and implementation of its 5B Maverick solar technology.
Petrochemical company INEOS Olefins & Polymers USA has signed a power purchase agreement (PPA) with a subsidiary of NextEra Energy for a 310MW solar project in north central Texas.
Having been rebranded with a new ethos and mission, Qcells’ ambitions are supported by a suite of clean energy products as it consolidates its position in the solar PV sector.
