investment

The European Investment Bank has announced plans to increase its funding for its REPowerEU project by €15 billion.

Nordic Solar and EIG have signed an agreement on what the former calls a “flexible credit facility” to funding for the Nordic Solar's projects

Goldbeck Solar has secured a loan of €44 million to fund four new solar PV plants, with a combined capacity of 93MWp, in Canada and Chile.

Scatec has reached financial close for its three solar projects in South Africa, which will have a combined capacity of 273MW.

The Avaada Group has closed its latest funding round, which generated US$1.3 billion for the group’s solar and green hydrogen businesses.

Alternative asset manager Blackstone Infrastructure has invested US$1 billion in equity investment in Invenergy Renewables to support its expansion.

Canadian investor Altius Renewable Royalties has invested US$45 million into US renewable developer Hexagon Energy.

Duke Energy has agreed to sell its clean power arm to Brookfield Renewable in a deal valued at US$2.8 billion.

Spanish power company Iberdrola and the sovereign fund of Norway will invest in 1.3GW of renewable capacity in Spain.

Enefit Green has reached final investment decision on the 74MW Sopi solar PV project in Estonia, into which it will invest approximately €44 million (US$47 million).