project finance

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.

Two solar PV developers - Soltec and Recurrent Energy - have closed financial deals for projects in Brazil this week .

Solar developer Lightsource bp has secured a US$140 million tax equity deal with Barclays for a 180MW PV project in Louisiana.

Spanish renewables developer Greenalia has closed US$200 million in three-year credit facilities to support the development of solar PV, energy storage and wind projects in the US.

Solar developer ib vogt has closed a debt financing deal to support 418MW of solar PV projects in the autonomous community of Castile and León, Spain.

Estonian independent power producer (IPP) Sunly has secured €65.9 million (US$71 million) towards the development and construction of 98MW worth of solar PV projects in Poland.