Shell’s renewables division reported an adjusted loss of $162 million in the third quarter of 2024, up from a $51 million loss in the same period…
Browsing: Finance
The Climate Investment Funds (CIF) has committed $70 million to launch a $1 billion project aimed at upgrading Turkey’s electricity grid for renewable energy expansion. This…
Saudi-based ACWA Power has obtained USD 1.78 billion in project financing agreements to support its renewable energy initiatives across key markets, including projects in Uzbekistan and…
The International Finance Corporation (IFC) has announced a $240 million Islamic Equity Bridge Loan (EBL) to ACWA Power, directed at expanding Uzbekistan’s renewable energy infrastructure. This…
London-based law firm Watson Farley & Williams (WFW) has advised Bayerische Landesbank on a €61 million financing deal to support the construction of a 114-MWp solar…
Polish energy trader Respect Energy has signed a power purchase agreement (PPA) with PV Group to secure nearly 63 GWh of renewable electricity annually for its…
Germany’s four largest high-voltage transmission system operators (TSOs)—50Hertz, Amprion, TenneT, and TransnetBW—announced on Friday a funding requirement of approximately €17.03 billion ($18.43 billion) from the national…
Recurrent Energy announced on Thursday that its Liberty solar plant, with a capacity of 100 MWac (134 MWdc), has officially commenced commercial operations. The facility, situated…
US private equity firm KKR & Co Inc has finalized a definitive agreement to purchase a 25% stake in Enilive, the biofuels subsidiary of Italian oil…
EDF Energies Nouvelles Reparties (EDF ENR), a subsidiary of EDF Renewables, has partnered with French lender Credit Agricole to provide financing for large-scale solar projects at…
The European Bank for Reconstruction and Development (EBRD) is providing a loan of up to €32 million to finance the construction of a 100MW solar power…
London Stadium, home to West Ham United FC and a former Olympic venue, has received approval for a solar array installation project that is expected to…