project finance

Vena Energy has raised A$1.4 billion (US$970 million) to support 614MW of solar PV capacity and 1,141MWh of BESS in Australia.

BrightNight has secured financing for its 120MW Frontier solar PV project, which is currently under development in the US state of Kentucky.

TotalEnergies and Nextnorth have reached financial close on, and started construction at, a 440MW solar PV project in the Philippines.

Societe Generale and the EIB have signed a US$178.9 million financing agreement for the construction of a 137MW solar PV project in Italy.

Atlas Renewable Energy has secured refinancing of US$3 billion for a solar and BESS portfolio in Latin America.

Polish IPP R.Power has raised US$50.7 million (€43 million) in finance to support the development of a 70.5MW solar PV portfolio in Poland.

Swift Current Energy has secured tax equity financing and US$248 million in project financing for its 122MW Three Rivers Solar facility.

The consortium building the Al Sadawi PV power plant in Saudi Arabia has reached financial close on the 2GW project.

Arevon started construction at the 251MW project, located in Gibson County, last month. It will sell the project to NIPSCO once completed.

The World Bank and Masdar have announced a US$159 million financing package to support a 250MW solar-plus-storage project in Uzbekistan.