financial close

Indian renewable energy major Adani Green Energy (AGEL) reported a 48% year-on-year increase in operational capacity to 17.24GW, driven predominantly by solar.

Independent power producer (IPP) Scatec has reached financial close on a 130MW solar PV plant in Colombia.

Greenwood Energy has reached financial close for the first phase of its 52MWp Terra Site I solar project in Colombia.

Renewable energy developer Genesis Energy has reached a final investment decision (FID) on a 136MW solar PV project in New Zealand.

EDF Renewables, in partnership with SPIC HHDC and SAPCO, has secured financing for the 400MW solar PV projects in Saudi Arabia.

Q Energy has reached financial close for Taurus B, a portfolio of seven solar PV plants in Spain with a combined capacity of 251.71MWp.

Spanish IPP Zelestra has secured a €235 million (US$277 million) increase to its sustainability-linked loan, bringing the total to €770 million.

Spanish independent power producer (IPP) Zelestra has secured financing and reached financial close for its 220MW solar-plus-storage plant in Chile.

Independent power producer (IPP) NOA Group has reached financial close on a 349MW solar PV project in South Africa.

Independent power producer (IPP) Cypress Creek Renewables has secured US$150 million in financing to advance the construction of its 104MW Ostrea Solar project in northeast Yakima County, Washington.