farm finance News
-
Gamesa secures its first order in Spain since the energy sector reforms: it will build a 20-MW wind farm for Villar Mir Energía under an EPC contract
The company will supply 10 of its G114-2.0 MW turbines at the Valiente wind farm located in the province of Huesca. Gamesa is exhibiting its strategic commitment to the Spanish market, having secured its first order since the latest energy sector reforms: the company will build a 20-MW wind farm for Villar Mir Energía, the Villar Mir Group's energy division. Under the terms of the ...
-
Fewer pitfalls in the planning and financing of wind farms
Berlin - 2010/02/03 Poor planning, errors in the logistics, construction delays owing to overlooked permits are just some of the risks in the construction of wind parks which can drive the costs to undreamed of heights, both in the short and long term. Advanced planning can avert these and other, similar gaps during the design and financing stages. In the three-day RENAC wind courses possible ...
-
RENAC wind courses can help in avoiding costly mistakes during planning and financing of wind farms
Poor planning, errors in the logistics, construction delays owing to overlooked permits are just some of the risks in the construction of wind parks which can drive the costs to undreamed of heights, both in the short and long term. Advanced planning can avert these and other, similar gaps during the design and financing stages. In the three-day RENAC wind courses possible pitfalls in planning ...
-
Clean energy investment at risk from Scottish referendum vote
A vote by Scotland in favour of independence from the UK would be likely to damage clean energy investment, at least in the short term, as developers and banks are gripped by uncertainty over the future shape of the power market and incentives for renewables. Research from analysis company Bloomberg New Energy Finance, published this week, concludes that the negotiations between Scotland and the ...
-
New NIB loan to wind farm project in northern Sweden
The Nordic Investment Bank (NIB) and Swedish Gabrielsberget Nord Vind AB have signed a loan totalling EUR 33 million for the financing of a new wind farm project in Västerbotten in northern Sweden.The 16.5-year loan will be used for financing the wind farm project, which has a total capacity of 46 MW. The wind farm will be made up of 20 wind turbines and the commercial operation of the farm is ...
-
juwi Wind Secures Financing for Minnesota Wind Farm
juwi Wind has secured financing for the Community Wind South project, a 30 MW wind farm in southwestern Minnesota currently being constructed. The project is expected to be completed by the end of 2012. Deutsche Zentral-Genossenschaftbank, or DZ Bank AG, the fourth biggest bank in Germany with a large branch in New York, has been the mandated lead arranger and provided the construction, ITC cash ...
By juwi AG
-
Renewable energy investments worldwide set record high in 2011
A report from Bloomberg New Energy Finance said that a sluggish economy did not hamper investments in renewable energy projects, (solar power, wind energy and geothermal energy). Investments in renewable energy rise 5% in 2011 to US$260 billion. Global investment in clean energy (wind power, geothermal energy and solar energy) reached a new record of US$260 billion in 2011, up 5% on 2010 and ...
-
E.ON Climate & Renewables Secures Financing for Illinois Wind Farm
E.ON Climate & Renewables (EC&R) North America announced today it has secured $122.2 million of institutional equity financing from JPM Capital Corporation (JP Morgan) and Wells Fargo Wind Holdings LLC (Wells Fargo) in exchange for a partial interest in its recently completed Settlers Trail Wind Farm. JP Morgan acted as lead investor in the financing. "EC&R constantly looks to ...
By E.ON AG
-
E.ON Climate & Renewables Secures Financing for Indiana Wind Farm
E.ON Climate & Renewables (EC&R) North America announced today it has secured institutional equity financing of approximately $174.9 million and a commitment to fund further capital contributions from a group of investors that includes JPM Capital Corporation (J.P. Morgan) and Wells Fargo Wind Holdings LLC (Wells Fargo) in exchange for a partial interest in EC&R's Wildcat I Wind Farm. ...
By E.ON AG
-
E.ON Climate & Renewables secures financing for Texas wind farm
E.ON Climate & Renewables (EC&R) North America announced today it has secured institutional equity financing of approximately $167.7 millionand a commitment to fund expected capital contributions of approximately $55.9 millionfrom a group of investors that includes JPM Capital Corporation (J.P. Morgan) and Wells Fargo Wind Holdings LLC (Wells Fargo) in exchange for a partial interest in ...
By E.ON AG
-
Duke Energy and Sumitomo Secure Financing for Kansas Wind Farms
Duke Energy Renewables and Sumitomo Corp. of America (the U.S. subsidiary of Sumitomo Corp.) announced today the companies have finalized their 50-50 ownership arrangement for two Kansas wind farms and secured approximately $353 million in financing for construction and operating costs. (Logo: http://photos.prnewswire.com/prnh/20040414/DUKEENERGYLOGO) Duke Energy Renewables, a commercial ...
By Duke Energy
-
E.ON Climate & Renewables finalizes equity financing for Illinois Wind Farm
E.ON Climate & Renewables (EC&R) North America announced today it has secured $150 million of institutional equity financing from Bank of America Merrill Lynch in exchange for a partial interest in its Pioneer Trail Wind Farm. "We welcome Bank of America Merrill Lynch as an investor in our Pioneer Trail Wind Farm," said Steve Trenholm, CEO, EC&R North America. "This transaction ...
By E.ON AG
-
A New WindVision for Alberta: clean wind energy offers ´right solution at right time´ to meet rising electricity demand as Alberta´s environmental performance draws global concern
Alberta can once again be a leader in renewable energy development and address global concern about the province's environmental record by meeting rising electricity demand with new clean wind energy. WindVision 2025: A Strategy For Alberta, released today by the Canadian Wind Energy Association (CanWEA), makes the case for the strategic deployment of more wind energy in Alberta in a direct ...
-
NIB lends to wind farm project in northern Sweden
The Nordic Investment Bank (NIB) and Swedish Gabrielsberget Syd Vind AB have signed a loan totalling EUR 35 million for financing the construction of a new wind farm in Västerbotten in northern Sweden.The 16.5-year-maturity loan will be used for financing the wind farm project which has a total capacity of 46 MW. The wind farm will be made up of 20 wind turbines and the commercial operation of ...
-
Abengoa closes the long-term debt financing for its second wind farm in Uruguay
The financing has resulted in the early repayment by Abengoa of the US$60 million bridging loan for this project The project has also been brought forward 60 days ahead of schedule Abengoa (MCE: ABG.B/P SM /NASDAQ: ABGB), the international company that applies innovative technology solutions for sustainability in the energy and environment sectors, has received the first drawdown of ...
By Abengoa
-
Mainstream Renewable Power Completes Financial Close and Starts Building $70m Wind Farm in Chile
Global wind and solar developer Mainstream Renewable Power has successfully completed Financial Close and has started constructing its 33MW Negrete Cuel Wind Farm in southern Chile. The wind farm, which is 100% owned by Mainstream, is expected to be fully operational by September this year. The project has been financed without a Power Purchase Agreement and Mainstream will sell the energy ...
-
UK Climate Change Minister unveils UK’s first subsidy-free solar farm
Claire Perry MP, the UK Minister for Climate Change & Industry, will today officially open Anesco’s Clayhill solar farm and energy storage facility, located near Flitwick in Bedfordshire. Clayhill is the first solar farm in the UK to operate without a government subsidy. The 10MW solar farm will generate enough electricity for around 2,500 homes and save 4,452 tonnes of carbon. Steve ...
By Anesco Ltd
-
Resilient wind industry delivers 17% of Europe’s electricity, proves smart bet for Europe’s green recovery
The new WindEurope publication “The Impact of COVID-19 on Europe’s wind sector” analyses how the ongoing pandemic affected new installations, auction schedules, financing and electricity production in the first half of 2020. While the wind industry experienced disruptions in the first semester, installation levels were comparable to previous years and financing for new wind ...
-
World’s first commercial tidal energy scheme to be launched in North Wales
npower renewables, the British subsidiary of RWE Innogy, and Bristol-based tidal power developers Marine Current Turbines (MCT), have announced a pioneering partnership to help deliver one of the world’s first commercial-scale tidal stream projects, off the coast of Anglesey, north Wales. This exciting and innovative showcase tidal farm scheme would be capable of generating 10.5 megawatts (MW) ...
By RWE AG
-
Carbon Trust launch £2m project to increase energy yields from offshore wind farms
Latest research project unveiled to help cut the cost of offshore wind power by increasing the energy yields from Round 3 wind farms located up to 290km from the UK coast. The Carbon Trust today unveiled their latest research project designed to help cut the cost of offshore wind power by increasing the energy yields from Round 3 wind farms that will be located up to 290km from the UK coast. ...
By Carbon Trust
Need help finding the right suppliers? Try XPRT Sourcing. Let the XPRTs do the work for you