project financing

Lightsource bp has closed a BRL800 million (US$147 million) financing for its 210MWp Milagres solar project in the Brazilian state of Ceará.

Renewables company Clēnera has closed financing on construction and tax equity on a 105MW Montana utility-scale solar project.

PV Tech Premium explores Chile's distributed generation market, examining its importance to the country's deployment as well as grid constraint issues.

Independent power producer (IPP) Cypress Creek Renewables has closed a US$216 million financing round for its Zier Solar and Storage project in Texas.

German investment firm Aquila Capital has raised €1 billion in financing to support the development and construction of a 2.6GW renewables pipeline in Spain and Portugal over the next three years.

Financial company Natixis Corporate & Investment Banking has lead the financing of a 360MWdc Chilean PV portfolio with US$360 million.

US solar developer Korsail Energy has secured a development capital commitment from renewables investment fund SolRiver Capital.

UAE-owned renewable energy company Masdar has achieved financial close on its first Azerbaijan solar project with a capacity of 230MW.

Additional subsidies to support the production of green hydrogen are being requested by industry players looking to set up bankable H2 projects, it was suggested during a panel discussion.

Investment fund Quinbrook Infrastructure Partners and its subsidiary Primergy Solar have closed a US$1.9 billion financing deal for a 690MWac/380MW hybrid solar-plus-storage project in the US.