financing

Spanish solar energy company Soltec has found an investor that will acquire 80% of the company’s shares in a restructuring move.

Solar developer Atlas Renewable Energy has secured BRL1 billion (US$179 million) in financing for a 579MW Brazilian solar PV complex.

IPP Cero Generation and developer Enso Energy have reached financial close on a 360MW solar-plus-storage portfolio of projects in the UK.

Elements Green has secured €80 million (US$93.5 million) in financing from Danish investment firm Copenhagen Infrastructure Partners (CIP).

Asset management firm Capital Dynamics has secured €110 million (US$129.4 million) in financing for three solar PV projects in Spain.

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) Arevon Energy has closed a US$600 million credit facility to support its solar PV and energy storage portfolio in the US.

Blue Elephant Energy has received a €200 million (US$214 million) investment from European asset management company Infranity.

US solar residential installer Sunnova has received court approval for a US$90 million debtor-in-possession financing agreement.

Earthrise Energy has secured US$630 million for its 270MWac solar project in Gibson City Solar, Illinois.