Energy major TotalEnergies has signed two power purchase agreements (PPA) with fellow French industrial gases company Air Liquide for 260MW of solar PV and wind power. The power offtaken will supply the Secunda oxygen production site in South Africa.
US-based independent power producer Altus Power has reached financial close on 220MW of solar PV assets representing an investment of approximately US$293 million.
Israel-headquartered smart energy technology company SolarEdge's yearly net income in 2022 dropped by 45%, despite the total revenue increasing by 58% year-on-year.
Spanish renewable energy provider Iberdrola has secured a €150 million (US$160 million) loan from the European Investment Bank (EIB) to develop 400MW of PV and wind projects in Italy.
French renewables Voltalia has signed a €250 million syndicated credit facility that will be used to pre-finance construction work on new power plants.
German IPP SUNfarming Group has extended its relationship with investor HANSAINVEST Real Assets through a €50 million (US$53.8 million) mezzanine financing agreement to develop PV projects in Poland.
Renewables asset owner Brookfield Renewable has reported 2022 net income of US$138 million, improving from a loss in the same period a year earlier of US$66 million. Whilst in Q4 2022, it recorded net income of US$60 million, increasing from US$33 million in Q4 2021.
