Finance

South Korea’s SK Group Invest $1.5 Billion in Hydrogen Player Plug Power

Plug Power and SK Group intend to form a strategic partnership to accelerate hydrogen as an alternative energy source in Asian markets. Plug Power, a leading provider of hydrogen fuel cell and fueling solutions enabling e-mobility, and SK Group, one of the leading South Korean business groups, has announced that the companies intend to form […]

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ACWA Power, APICORP Sign on $125 Mn Facility to Accelerate Green Transition

APICORP and ACWA Power have signed on a USD 125 million 5-year corporate facility to support ACWA Power’s future growth pipeline. APICORP, a leading multilateral development financial institution, and ACWA Power, a leading Saudi developer, have announced the signing of a USD 125 million 5-year Shariah-compliant corporate facility to support ACWA Power’s future growth pipeline. […]

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Carlyle Group Partners With Amp Energy, By Investing USD 374 Mn

Global investment firm, The Carlyle Group has announced its growth investment in Amp Solar Group (Amp Energy), an energy transition platform company, with an investment of USD 374 million. The Canadian based, global renewables company has developed over 1.8 GW of distributed and utility-scale renewable generation projects, hybrid generation plus storage projects and stand-alone battery […]

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Tata Power & SIDBI to Finance Rooftop Solar Projets for MSMEs

Tata Power has partnered with SIDBI to offer an easy and affordable financing scheme for MSME customers in the rooftop solar segment. Tata Power has announced its partnership with SIDBI (Small Industries Development Bank of India) to offer an easy and affordable financing scheme for MSME customers in the rooftop solar segment. This scheme, the […]

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Fluence Secures $125 Mn From QIA to Accelerate Energy Storage Technology

QIA has committed to invest USD 125 million in Fluence, which intends to use the net proceeds to accelerate the development of its offerings Fluence, a leading global energy storage solutions provider, has announced that it has entered into a definitive agreement with the Qatar Investment Authority (QIA) pursuant to which QIA will commit to […]

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ACWA Power Signs Agreements for 1st Foreign Investment Wind Project in Azerbaijan

ACWA Power has executed the official agreements for the 240 MW wind power project that will be located in the Absheron and Khizi regions of Azerbaijan. Following the signing of the implementation agreement for the USD 300 million Independent Power Project in January 2020, ACWA Power has now executed the official agreements for the 240 […]

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GIP to Acquire MAP Energy’s RE Business With Interest in 16 GW of Projects

Global Infrastructure Partners (GIP) has announced the acquisition of MAP® RE/ES, the renewable energy business of MAP® Energy. Global Infrastructure Partners (GIP), a leading global, independent infrastructure investor, has announced the acquisition of MAP® RE/ES, the renewable energy business of MAP Energy. GIP’s fourth flagship fund, GIP IV, will acquire 100 percent of the MAP RE/ES investment […]

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Ørsted Brings on Co-Investors for its 605 MW Offshore Wind Farm in Taiwan

Ørsted has brought on CDPQ and Cathay PE, to co-invest in the 605 MW Greater Changhua 1 Offshore Wind Farm off the coast of Taiwan Offshore wind major Ørsted has announced that it has signed an agreement with a consortium of world-leading investors, which consists of global institutional investor Caisse de dépôt et placement du […]

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Japan’s Orix to Acquire 80% Stake in Spains’ Elawan Energy

Japan’s ORIX Corporation will invest in Elawan Energy, a global renewable energy firm headquartered in Madrid. Japan’s ORIX Corporation has announced that it has entered into an agreement to invest in Elawan Energy, a global renewable energy company headquartered in Madrid, Spain focused on the development and ownership of wind and solar PV power plants. […]

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