Financing

OpenSolar Offers Sungage Financing Options on Solar Design/Sales Platform

Solar SaaS company OpenSolar Inc. and Sungage Financial are partnering to streamline the workflow process for the U.S. installer market. With the integration of...

IRENA, Small Island States Align to Accelerate Energy Transition

The International Renewable Energy Agency (IRENA) and the Alliance of Small Island States (AOSIS) have signed an agreement that will see the two organizations...

UAE, IRENA Introduce $1 Billion Global Finance Platform for Renewable Energy

The United Arab Emirates and the International Renewable Energy Agency (IRENA) have announced the Energy Transition Accelerator Financing (ETAF) Platform - a new global...

NextEra Energy Acquires 50 Percent Stake in 2,520 MW Renewables Portfolio

NextEra Energy Partners LP has entered into an agreement with a subsidiary of NextEra Energy Resources LLC to acquire a 50% interest in an...

European Renewables Investment Manager Officially Opens U.S. Operations

Greencoat Capital LLP, a renewables investment manager in Europe with around $10 billion of assets under management, has announced its entry into the U.S....

Clearway Energy Now Fully Owns 530 MW Utah Solar Portfolio

Clearway Energy Inc. is acquiring, for $335 million, the remaining 50% equity interest in a portfolio of Utah-based solar projects that it does not...

Natixis Coordinates Solar Plus Storage Project Financings

Natixis has successfully closed two separate financings in support of Project Slate, a solar-plus-storage project being constructed in Kings County, Calif. Project Slate is owned...

Soltage, Harrison Street Invest in Solar Portfolio Across Multiple States

Soltage LLC, an independent power producer, and Harrison Street, an investment management firm focused on alternative real assets, have invested in a 20 MW...

National Grid Secures Growth for Renewable Energy Portfolio

National Grid’s Emerald Energy Venture LLC joint venture has secured a $150 million portfolio revolving facility, with a feature that will allow an increase...

Altius Renewable Royalties Closes Investment with Apex

Altius Renewable Royalties Corp. (ARR) says its jointly controlled subsidiary, Great Bay Renewables LLC, has closed a follow-on royalty investment of $20 million with...

Solar Investment Activity Boomed in H1 2021

Mercom Capital Group’s second-quarter/first-half 2021 report on funding and merger and acquisition (M&A) activity in the solar sector shows that total corporate funding (including...

Nelnet and Partners Close Solar Tax Equity Co-Investor Fund

Nelnet Renewable Energy has closed its first solar tax equity co-investor fund for 2021, having teamed up with six banks to invest $11.9 million...

Hecate One Step Closer to Constructing Huge NY Solar Project

Hecate Energy has filed an application with the New York State Office of Renewable Energy Siting (ORES) to construct a 500 MW solar farm...

BayWa r.e., GoodLeap Offer Financing Program for Residential Solar, Storage

BayWa r.e. has entered a partnership with GoodLeap that will add GoodLeap into BayWa r.e.'s Split Pay financing program, which is available to BayWa...

bp Adds 9 GW of Renewables to Portfolio with 7X Energy Purchase

bp has reached an agreement to purchase 9 GW of U.S. solar development projects from 7X Energy, an independent solar developer. The acquisition represents a...

CIT Group Provides Financial Services to Big River Solar Project

CIT Group Inc. says its Power and Energy business served as coordinating lead arranger for approximately $200 million in financing for the 149 MW...

Activate Joint Venture Looks to Invest in Renewable Infrastructure

Accelerate Real Asset Management, a growth-oriented real asset platform, has launched a new joint venture (JV) to invest in renewable energy infrastructure: Activate Renewables...

IHS Markit: U.S. Ripe with Renewable Investment Opportunity

As President Joe Biden aims to significantly increase federal investment in renewable energy under the American Jobs Plan, the U.S. already ranks as the...

Google Selects AES to Power Virginia Data Centers with Carbon-Free Energy

The AES Corp., a global energy company, has signed an agreement to supply the electricity to power Google's Virginia-based data centers with 24/7 carbon-free...

We Energies, WPS Look to Purchase Wisconsin’s Largest Renewable Project

We Energies and Wisconsin Public Service (WPS), the largest utilities in WEC Energy Group, say they are proposing to purchase the Koshkonong Solar Energy...

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