RGREEN INVEST closes bridge financing fund for renewable energy projects
RGREEN INVEST has announced that it has successfully closed the fundraising of its Nouvelles Energies fund at EUR124 million (US$141.2 million), exceeding its fundraising target of EUR100 million (US$113.9 million) in six months.
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Country news
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January 24, 2019
Consortia form to bid for 500 MW offshore wind project in France
Eneco, Boralex, Van Oord and Diamond Generating Europe Limited (DGE), a fully owned subsidiary of Mitsubishi Corporation, have announced that they are joining forces to submit a bid to develop a 500 MW offshore wind farm off the coast of Dunkirk, north-west France.
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October 31, 2018
SIMEC Atlantis Energy to develop 2 GW tidal energy project in France
SIMEC Atlantis Energy has announced the formation of a joint venture company, Normandie Hydrolienne, for the purpose of developing a large-scale tidal energy project in the Alderney Race, also known as Raz Blanchard, an eight-mile (13km) strait that runs between Alderney, an island in the English Channel, and La Hague, France.
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June 20, 2018
REDEN Solar refinances French assets for US$315 million
REDEN Solar has completed the refinancing of the majority of its French assets, successfully raising a total of EUR270 million (US$312.8 million).
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May 17, 2018
Albioma refinances solar portfolio for US$130 million
Albioma Solar Réunion has completed the refinancing of a portfolio of solar photovoltaic projects located in French overseas departments in the Indian Ocean and has established credit facilities to finance new projects in the same area over the next 18 months.
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May 15, 2018
Alstom divesting from energy joint ventures with GE
Alstom has signed an agreement with General Electric (GE) regarding its intention to exit three joint ventures set up in November 2015 as part of the sale of Alstom's energy business to GE. GE has agreed to buy Alstom's stakes in the joint ventures for EUR2.59 billion (US$3.10 billion).
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