Brazil’s development bank BNDES and the Inter-American Development Bank (IDB) have approved a US$750 million conditional credit facility for the Brazil’s Sustainable Energy Financing Program.
Trina Solar investors are widely expected to vote in favour of privatisation on Friday. The move would see the company unshackled from the reporting requirements of NYSE and potentially better placed to raise equity funds. But could the loss of transparency do more harm than good?
The International Finance Corporation (IFC) and FMO, the Dutch development bank have invested a collective €14.62 million (US$15.52 million) in Mobisol, a German pay-as-you-go (PAYG) solar service company, in order to deliver renewable energy solutions to off-grid communities in East Africa.
Finland-based private investment bank Evli Bank, through its subsidiary Evli Alternative Investments has acquired Nordic Shine to boost the deployment of solar in Finland.
The United States Agency for International Development (USAID) has announced US$4 million in new investments for off-grid solar in Africa during the COP22 conference in Marrakesh, Morocco.
Mosaic, the leading provider of solar loan financing for homeowners, announced the closing of a US$250 million warehouse facility with Deutsche Bank as the arranger and administrative agent. Along with recent upsizes to Mosaic's existing warehouse facility and a forward flow whole loan sale arrangement, this deal with provide Mosaic with US$550 million of new loan funding capacity.
