Mercom: US$300m ReNew Power deal and stock exchange listings help industry raise US$6bn in H1 2019 from venture capitalists, public markets and debt providers.
Firm bags €154.3m as it floats renewable fund in London, inverter maker in deal with Solar-Log, US player acquires juwi's 60MW Colorado scheme.
London IPO plans emerge as firm chases institutional money to buy 16 wind, PV, hydro, storage, grid projects across EU markets, with the UK excluded.
Mercom: Funding announcements for large-scale double to US$5.68bn in first quarter compared to Q1 2018 while actual financing grows 10% to US$2.8bn.
Ginlong Technologies has completed its listing on the Shenzhen Stock Exchange.
French developer and independent power producer (IPP) Neoen will look to raise in excess of €620 million when it floats on the Paris stock exchange.
Indian solar and wind developer ReNew Power Ltd has filed for an initial public offering (IPO), according to Reuters.
Major Thai gas-fired power and rooftop solar IPP Gulf Energy Development PLC is preparing to launch an IPO after receiving approval from the Securities Exchange Commission (SEC).
The days of naming financing as one of the major hurdles for Indian solar appear to be coming to an end in 2017 as record low tariffs were enabled by a newly-attractive fiscal environment. PV Tech caught up with Kuljit Singh, partner, Transaction Advisory Services at EY, to discuss a potential spate of Indian solar IPOs, pension fund interest, Masala bonds and the future of the market.
Indian solar and storage developer Acme Solar Holdings has filed for an IPO in India of up to INR22 billion (US$336 million), according to the Press Trust of India (PTI).
The Asian Development Bank (ADB) has invested THB1,968 million (US$57.7 million) in Thai power firm B. Grimm Power Public Company (B. Grimm) to develop renewable energy projects in Southeast Asia.
India’s Cabinet Committee on Economic Affairs has approved the IPO of the Indian Renewable Energy Development Agency (IREDA) aiming to help fund more renewable energy projects.
Azure Power, one of India’s largest independent power producers, has secured US$470 million in financing for projects to be commissioned in 2017.
Shares of the Delhi-based energy firm Azure Power Global dropped in its debut on the New York Stock Exchange (NYSE) yesterday, coming in at US$16.12 from the issue price of US$18, before dropping further to US$15.45.
India-based energy firm Azure Power Global has launched its IPO on the New York Stock Exchange offering 6.82 million equity shares priced between US$21 to US$23 per share.