green financing

Independent power producer (IPP) Zelestra has closed a US$350 million credit facility for the 203 MW Reclamation Solar project in Indiana.

Located in the southern region of Arequipa, the Matarani Solar Project started operations for power exports and sales in July 2024.

Spanish solar developer Solarpack has closed a US$176 million senior financing package for a 300MW solar PV plant in Peru.

Spanish independent power producer Grenergy has secured €175 million (US$190 million) in green financing for the construction of 300MW Spanish solar portfolio.

The projects consist of a 90MW floating solar project in Madhya Pradesh and a 100MW utility-scale solar PV project to be built in Gujarat

Developer closes refinancing round with US$200 million to build more utility-scale wind, solar and storage projects in the US.

The news comes the same day as the company reports a loss of US$8.4 million in the third quarter of 2018.