Boralex Inc. has announced the financing for the 33 MW Inter Deux Bos, 26 MW Côteaux du Blaiseron, 10 MW Le Pelon, 20 MW Hauts de Comble and 23 MW Sources de l’Ancre wind farms in France for a total amount of approximately EUR136 million (US$168.2 million).
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508.4 MW wind power capacity has been awarded in France's first onshore wind auction, split between 22 separate projects. The weighted average price proposed by the winners was EUR65.4 (US$79.77) per MWh. This represents a 23% drop on the premium purchase price of EUR85 (US$105.2) per MWh awarded under the previous support mechanism.
Read moreMacquarie Infrastructure and Real Assets has sold a 24.33% stake in French oil transportation and storage holding company Pisto SAS to Swiss Life Asset Managers. This sale ends Macquarie's almost 10-year interest in the company.
Read moreGerman asset and investment manager KGAL has secured financing from HSH Nordbank AG for the construction, development and operation of two solar photovoltaic plants in France with an overall capacity of 18.58 MW.
Read moreThe European Commission yesterday approved an unprecedented grant of EUR578 million (US$718.5 million) to the Biscay Gulf France-Spain interconnection project. The grant will fund the construction of a 370km electricity transmission line between Gatika, around 20km north of Bilbao, in the north-east of Spain, and Cubnezais, around 40km north of Bordeaux, in the south-west of France.
Read moreTaking advantage of the attractive market conditions, ENGIE has issued its first Green Hybrid Bond (Deeply Subordinated Perpetual Bond) for an amount of EUR1 billion (US$1.22 billion), with a coupon of 1.375% and a Non-Call period of 5.25 years.
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