Financial & Legal

UK-headquartered solar developer ib vogt has agreed to sell a 98.4MWp Italian solar portfolio to French renewable company Rubis Photosol.

The Democratic Republic of Congo's energy company Nuru has secured US$40 million for the construction of 13.7 MWp.

Goldbeck Solar has secured a loan of €44 million to fund four new solar PV plants, with a combined capacity of 93MWp, in Canada and Chile.

NextEnergy Capital, the London-based solar energy asset manager, has closed the first round of its fifth investment vehicle, NextPower V ESG (NPV ESG) with US$480 million in investment commitments.

Solana Solar has signed a power purchase agreement with Kratos RES to supply 10-20MW of electricity from its Solana Solar Power Project.

Spanish renewables company Grenergy has secured US$148 million in green financing to complete the development of two solar PV projects in Chile with a combined capacity of around 300MW.

French energy major TotalEnergies has acquired a combined 208MW of solar PV capacity in Romania from Germany-based renewables developer PNE.

The Dutch government will invest up to €412 million into “circular solar panels” under its National Growth Fund.

AXA has signed a virtual power purchase agreement with Ignis to draw power from the company’s upcoming Spanish solar plant.

Spanish utility Endesa has signed two loans with Instituto de Crédito Oficial (ICO), a Spanish state finance agency, and the European Investment Bank (EIB) worth €500 million to fund solar and wind projects in the country.