equity

Indian independent power producer Inox Clean Energy and its subsidiary Inox Solar have tied up equity totalling INR31 billion (US$340 million).

Norwegian renewable energy firm Scatec has signed equity deals for a massive solar-plus-storage project in Egypt and begun operations at a site in South Africa.

QIC, one of Australia’s largest infrastructure fund managers, has completed an AU$2 billion refinancing and equity raise for Pacific Energy.

Solar developer Solarig and asset manager Alantra have partnered to launch a 1.9GW solar PV investment vehicle focused on Southern Europe.

Renewables developer BayWa r.e. has received a major capital injection of €530 million (US$642.3 million) through the sale of a 49% stake in the outfit to Energy Infrastructure Partners (EIP).

ACWA Power-led consortium taps six international and local lenders for US$275 million in senior debt.

The equity transfer comes weeks after Meralco launched a 2MW/2MWh battery electric storage system 50km north of Manila that will work to stabilise energy from a 3.8MW solar farm.

Finland’s Taaleri walks PV Tech through solar investment rationale of SolarWind II Fund, which has just secured €219m of a €300m target.

Results-Based Financing (RBF) mechanism for donors the key to providing rural clean energy access in Africa.

Solar PV to reap 20-35% of investments by vehicle billed as the largest renewable-only funding structure seen to date in Europe.