finance

ESR, a Singapore-headquartered real asset owner and manager focused on logistics real estate and data centres, has signed an agreement to acquire 100% of Aquila Clean Energy APAC.

The US Department of Energy’s (DOE) Office of Electricity (OE) will funnel US$5.25 billion into 31 “grid-improvement” projects across the US, which it claims will allow for 23GW of additional electricity capacity.

Norfund, the Norwegian government’s development finance vehicle, has invested US$100 million into Ampin Energy Transition.

Austrian renewable energy company Kelag International has acquired a 64.4MWp portfolio of agrivoltaics projects in Italy.

Dilip Buildcon agrees to divest its stake in 10 SPVs developing a 1.36GWac solar portfolio in Madhya Pradesh.

Speed and accuracy matter for solar and storage diligence. Smart investors are harnessing artificial intelligence to achieve both.

German IPP Encavis has closed a financing package for a 351MW solar PV portfolio in Italy.

ARENA has unveiled Launchpad, an AU$30 million (US$20 million) funding programme aimed at early-stage clean energy startups.

Two community solar platforms in the US have closed over US$370 million of financing to fund 200MW of new projects in New York and Illinois.

The EU’s REPowerEU plan to shift away from Russian gas is “faltering” despite ongoing turmoil in global fossil fuel markets, according to analysis by the European Court of Auditors (ECA).