debt financing

US independent power producer sPower has concluded financing for its largest project to date after securing a US$700 million construction/term loan.

NextEnergy Capital (NEC) has secured a “first-of-its-kind” debt financing from Santander as it continues its UK subsidy-free build-out.

Equity-and-debt mix from private equity giant and loan facility from banks will help Connecticut-based distributed solar firm take its asset portfolio upwards of US$1 billion.

Project will be realised under Ukraine’s 10-year feed-in tariff scheme and is expected to power up to 27,000 households.

Development duo share plans for US$41m of debt to back 55MW project in Gegharkunik province, to be built by Dutch-Spanish consortium.

Caisse de dépôt et placement du Québec will back over 100 projects with an initial £150m debt injection, with a possibility for further funding.

Asset manager secures funding for California’s Springbok 3 and eyes commercial debut in June, eight months after buying the project.

BayWa r.e. divests 30.8MW Emmen project to asset manager, EBRD and GCF back 30MW project, Engie divests in Germany and the Netherlands.

The African Development Bank Board has approved US$20 million in loans to the Democratic Republic of Congo, to support renewable energy mini-grids of 3-10MW capacity at three cities that are currently off-grid.

Zola Energy, one of two US-headquartered providers of off-grid solar-plus-storage solutions to the African continent profiled in Energy-Storage.news’ recent Global Storage Opportunity 2018 report, has obtained US$20 million debt financing.