Financial & Legal

Private equity firm Antin Infrastructure Partners has made a voluntary offer to buy the entirety of the shares of Spanish renewable energy developer Opdenergy for €866 million (US$935 million).

US solar manufacturer CubicPV has received US$103 million in equity financing to support its plans to develop a US silicon wafer production base.

BSW forecasts a “double-digit percentage” growth in Germany's demand for solar power systems by the end of the year.

Spanish utility Iberdrola has signed a financing agreement worth €1 billion (US$1.08 billion) with the European Investment Bank (EIB) to build 19 solar power plants and three onshore wind farms in Europe.

CSI Solar has completed its initial public offering (IPO) and begun trading on the Shanghai Stock Exchange as of June 9th.

Independent power producer (IPP) AMPYR Solar Europe has secured a €200 million (US$215 million) framework project finance facility with Dutch bank Rabobank.

Heron has signed PPAs with Meton Energy, which will add three new solar projects with an annual production of 192GWh to Heron’s portfolio.

Energy company AES Andes has acquired a 146MW solar PV plant in Chile from EDF EN Chile and Marubeni Corporation.

All developers active in the US market will increase their renewable energy development, while over 60% will participate in domestic clean energy manufacturing buildout.

Solar and storage investor CleanCapital has secured a US$500 million investment from Manulife, a global financial services group. This followed a US$300 million initial cash injection from Manulife in 2021.