Thermal energy company sees oversubscribed Sri Lanka offering
A thermal energy specialist has carried out an initial public offering in Sri Lanka with investors responding well causing the listing to be oversubscribed.
View ArticleCanadian province launches renewable energy fund
The Canadian province of Manitoba is to launch a renewable energy fund as the province looks to leverage its natural hydropower advantage.
View ArticleNewly-launched Armstrong AM sets early-2013 deadline for $150m cleantech fund...
Newly-launched Armstrong AM has received commitments of $66m towards its Asia-focused clean energy fund and told NewNet it hopes to reach a final target of $150m in early 2013.
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Latin American renewables player to sell off wind, hydropower assets
A project developer focused on the Latin American market has begun negotiations to divest a wind and hydropower project.
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South Africa readies to launch small-scale renewables tender
The South African government is on the brink of launching a small-scale renewable energy tender just weeks after it awarded a number of larger power infrastructure deals to international developers.
View ArticlePakistan mulls establishment of mega-project energy fund
Pakistan may look to set up a fund to finance large scale energy projects, including those in the hydropower space, as it looks to attract international infrastructure investors.
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UK independent power producer needs debt providers
An independent power producer in the UK said it is very interested in establishing relationships with debt providers as it looks to continue the development of its rapidly growing business.
View ArticleReal Infrastructure Capital Partners holds first close of LatAm renewables fund
Real Infrastructure Capital Partners has held a first closing of its Latin Renewables Infrastructure Fund on $50m.
View ArticleBrookfield Renewable sees Q2 funds down but maintains strong liquidity position
Hydropower investor Brookfield Renewable Energy Partners expects to complete its NYSE listing in the second half of the year as it increases its liquidity position to more than $1bn and scouts further...
View ArticleArmstrong SE Asia clean power fund on brink of initial investments
The Armstrong South East Asia Clean Energy Fund is readying to make its first deals is the solar and mini-hydro sector across South East Asia’s emerging markets in the coming months.
View ArticleLatin America Power considers $400m IPO for renewables portfolio build-out
Latin America Power, which is building a portfolio of small-scale renewable energy projects across the region, is reportedly debating a $400m initial public offering in Santiago.
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Bulgarian investor on hunt to buy up biomass, hydro assets
A manager of a renewable energy fund in Bulgaria told NewNet it wants to purchase a portfolio of biomass and hydropower assets in the country.
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Brazil readies to up spending in renewables by $133bn
The Brazilian power and transmission sector are set to see an influx of government investment over coming years, stimulating deal opportunities in the region.
View ArticleIndonesian clean power supplier starts preparation for 2016 IPO
An electricity producer based in Indonesia that operates hydropower and geothermal assets has hinted that it will take to the public markets in 2016.
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Wheb’s Prime Renewables continues to source deal flow as it buys PV portfolio
Investment firm Prime Renewables, which is advised by Ben Goldsmith’s Wheb Infrastructure, told NewNet that deal selection was on-going for its €600m funding pot as acquires a 12.5MW portfolio of solar...
View ArticleFunds available for small scale renewables schemes in Vermont
Additional funds have been made available to those looking to install small scale renewable energy schemes in the US state of Vermont.
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Karachi aims to attract Spanish renewables investors
The Karachi Chamber of Commerce and Industry has called on investors in Spain to look towards the Pakistani city as a viable renewable energy opportunity.
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Brookfield Renewable Energy Partners to carry out C$100m share offering
Brookfield Renewable Energy Partners has agreed to issue four million Class A Preferred Shares for aggregate proceeds of C$100m ($100.8m).
View ArticleCanadian renewables investor Brookfield to raise new fund
Canadian investor Brookfield Renewable Energy Partners has allocated the majority of its existing BAIF fund and is set to begin raising new capital.
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Massachusetts seeks hydropower info as it embarks on improvement programme
The Massachusetts Clean Energy Center has launched a request for information as it seeks information to help inform a design and improvement programme.
View ArticleExclusive: Kotak Mahindra targets $240m for Brookfield-backed infra fund
Indian financial services conglomerate Kotak Mahindra has held a first closing of its energy-focused infrastructure private equity fund on $90m (INR490 crore) and told NewNet it would look to hit a...
View ArticleKotak Mahindra sets out timeline for $240m green infra fund
Kotak Mahindra, a major finance house in India, told NewNet it will aim to close off its Brookfield-backed green infrastructure fund in just over a year with a target of $240m.
View ArticleAlbanian hydropower developer engages IR firm to raise investor interest
3Power Energy, a developer and operator of hydropower plants in Albania, has engaged a US investor relations firm to increase awareness of its activities within the investor community.
View ArticleMighty River IPO offer documents to be released Friday
New Zealand hydro and geothermal developer Mighty River Power will progress with its initial public offering this week with offer documents expected to be made public on Friday.
View ArticleBrookfield closes $1bn PE fund, in search for much more
Asset manager Brookfield has closed a $1bn private equity fund in one of the biggest fundraises in Canada in recent years and revealed to NewNet it is targeting a total capital raise of $5bn across a...
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Banks prepare pitches for New Zealand’s Meridian Energy, Genesis IPOs
A number of banks have been asked to prepare pitches by the end of May for two upcoming initial public offerings due to take place in New Zealand by Genesis Energy and Meridian Energy.
View ArticleMighty River Power sells $1.4bn in shares ahead of Friday IPO
More than 113,000 locals have invested in Mighty River Power shares garnering the company NZ$1.7bn ($1.42bn) ahead of its IPO on Friday, set to be the country’s largest.
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Banks selected for Meridian Energy IPO
Three banks have been selected to lead the initial public offering of Meridian Energy, which produces energy from only renewable sources, by the government.
View ArticleUS hydro turbine developer opens seed financing round
A US-based hydropower specialist has secured initial commitments towards a seed-scale equity round.
View ArticleAlbion Ventures targets £100m for UK renewables fund
Albion Ventures has launched Albion Community Power (ACP), a new venture that aims to become a major producer of community-scale renewable energy by raising £100m over four years.
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India’s Nereus Capital nears $100m for alternative energy fund
Indian private equity firm Nereus Capital has reportedly raised close to $100m for its India Alternative Energy Fund.
View ArticleCanadian utility TransAlta to float renewables spin-off
Canadian utility TransAlta will sell shares in a new entity that will act as the holding arm for about half of its wind and hydropower assets.
View ArticleCPFL Energias Renováveis begins book-building for IPO
The renewable energy arm of Brazilian utility CPFL Energia is set to begin book-building for its initial public offering on 8 July.
View ArticleThai hydro, solar asset owner CK Power to carry out local listing
CK Power, a Thailand-based holding group that has developed a portfolio of renewable energy plants through a series of acquisitions, has priced its initial public offering with expectations to raise...
View ArticleCPFL Renováveis completes Brazilian IPO
The green power arm of Brazilian utility CPFL Energia, CPFL Energias Renováveis, has completed its initial public offering pricing shares at the low end of its expected range.
View ArticleExclusive: Ecology and Environment to raise $2.1m
Sustainability and energy company Ecology and Environment is planning to raise up to $2.108m through the issuance of new common stock.
View ArticleChina Longyuan Power issues $300m bonds
China Longyuan Power Group, the largest wind provider in Asia, is to issue $300m in bonds, due in 2016.
View ArticleEIB to provide $230m funding for Central American renewables
Europe's long-term lending institution the European Investment Bank (EIB) is to provide $230m in funding for renewable projects throughout Central America, including geothermal, hydropower, wind, and...
View ArticleChile’s AES Gener $450m stock offering
Chilean energy company AES Gener is planning to raise $450m in a stock offering as it boosts investment in its power projects, which are seeing high demand from mining firms.
View ArticleJCM Capital finances $1bn Lake Erie power wire
JCM Capital has closed development financing on Lake Erie Power's $1bn underwater high-voltage direct current transmission project, connecting Ontario to Pennsylvania.
View ArticleRussia plans 504MW of renewables after tender
Russia's government has chosen 39 renewables projects totalling 504MW of capacity to receive state subsidies under a government tender.
View ArticleGuinness Asset Management launches £10m sustainability fund
London-based Guinness Asset Management is launching a new sustainability fund, which will invest in low-risk renewable energy technologies, with a target fundraise of £10m.
View ArticleChina’s ExIm Bank funds three quarters of $1.3bn Nigerian hydro
China's ExIm Bank is providing $975m in funding to a $1.3bn hydroelectric plant in Nigeria.
View ArticleDevelopment-stage renewable projects to receive boost from new fund
A new investment fund that will provide up to £1m capital for development-stage renewable energy projects has been launched in the UK.
View ArticleBank of America Merrill Lynch’s spin out fund hits $215m first close
The direct secondaries firm formed by the spin out of Bank of America Merrill Lynch’s Asian private equity assets two years ago has hit a $215m first close for its first independently-raised vehicle.
View ArticleUK VCT Ventus to raise £20m for wind, hydro investment
UK renewable energy investor Ventus VCT and Ventus 2 VCT have issued a joint offer for subscription to £20m of D shares.
View ArticleIn-pipe hydro generator developer raises $5.7m
Portland, Oregon-based developer of an in-pipe hydro generation system Lucid Energy has raised $5.7m of a $11.2m funding round.
View ArticleInStream Energy Systems raises funding for moving water kinetic turbines
Vancouver, Canada-based InStream Energy Systems has raised just under $629,000 equity funding from a group of nine investors.
View ArticleGrupo Ecos hunts renewable opportunities in Latin America
The Swiss private equity firm Grupo Ecos is looking for investment opportunities in solar, wind and hydroelectric plants across Latin America.
View ArticleCPFL Renovaveis raises $132m in bond sale
Brazilian renewable energy company CPFL Renovaveis has raised BRL300m ($132m) selling bonds with a term of seven years.
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