Financial & Legal

Svea Solar Utility has secured €185 million (USS$215.4 million) in finance to support the development of Sweden’s largest solar PV project.

US independent power producer (IPP) Vesper Energy has secured US$236 million in debt financing to back a 201MW solar PV project in Texas.

Portuguese energy utility EDP will spend €1.3 billion in France to build 1GW of solar, wind and energy storage assets over the next four years.

Maxwell Power has secured a US$750 million investment commitment from Fairtide Partners to finance battery storage and solar projects across its development pipeline. 

NSW will provide AU$225 million in new funding to support domestic manufacturing of low-carbon products and renewable energy components.

Nextpower has filed a patent lawsuit against GameChange Energy on the same day GameChange announced a consolidation of its activities.

Grenergy has signed a 12-year hybrid power purchase agreement (PPA) in Chile linked to the fifth phase of its Oasis de Atacama solar-plus-storage platform.

What financing options are there for renewable developers who find themselves shut out of some of Europe’s supportive auction programmes?

Zelestra has completed the sale of its Latin America platform to Promigas in a deal valued at approximately US$1.1 billion.

NextEnergy Capital has secured US$974 million towards its NextPower V solar and energy storage investment vehicle.