equity

Frontier Energy has secured firm commitments for an AU$110 million equity raising for the 132MW first stage of its Waroona project in WA.

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.