Astris Finance has announced the closing by Valorem of the refinancing of two renewable portfolios. Astris acted as exclusive financial advisor to Valorem.
Project Elcano, involved in the refinancing, is a 165 MW portfolio of 11 onshore wind assets and 2 PV assets in operation located in France. Société Générale, Groupe Crédit Agricole (including CACIB and Unifergie), and BPI acted as Mandated Lead Arrangers for a total debt amount of EUR300 million (US$350.53 million),
Project Clarence consists of mini-hydro assets located in Guadeloupe, France. The portfolio comprises 16 run-of-the-river plants in operation for a total capacity of 10.4 MW. The total debt amounts to EUR52 million (US$60.76 million). La Banque Postale and BPCE acted as Mandated Lead Arrangers.
Prime Capital AG has completed junior debt financing for a European photovoltaic portfolio of the independent power producer MKM Invest Group, which was arranged with ENERPAZ.
Read moreBlackstone, through funds managed by GSO Capital Partners LP (GSO), announced today the formation of a new portfolio company, ClearGen LLC (ClearGen) that will finance and own distributed and sustaina...
Read moreOcean Power Technologies, Inc. (OPT) has executed a new Common Stock Purchase Agreement with Aspire Capital Fund, LLC to sell up to US$12.5 million in common stock to Aspire Capital over a term of 30...
Read more8minute Solar Energy has announced that the 67 megawatt (MWdc) Lotus Solar Farm in Madera County, California is now fully operating. The Lotus Solar Farm produces energy for well over 12,000 Southern...
Read moreThe New Jersey Board of Public Utilities (NJBPU) has open the application window for the State’s second solicitation of offshore wind capacity.
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