Brookfield holds talks to acquire Bow Power
Brookfield Asset Management has entered into talks with ACS Group and Global Infrastructure Partners regarding the acquisition of the Spanish firm Bow Power. The company owns a renewables portfolio of around 460 MW total installed capacity. 150 MW of concentrated solar power (CSP) assets are excluded from the transaction.
The deal represents an estimated investment of between EUR500 million and EUR700 million. If a deal with Brookfield cannot be reached, the owners have asked Barclays to arrange a second round of the sale process.
Country updates
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August 02, 2018
Saudi Arabian company seeking EIB financing for 550 MW wind project in Spain
The European Investment Bank (EIB) has disclosed that Alfanar Company, an industrial manufacturing and construction group based in Saudi Arabia, is seeking a EUR385 million (US$449.5 million...
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August 02, 2018
ACCIONA and IMASA win EPC and O&M contracts for 50 MW biomass-fired power plant in Spain
ACCIONA Industrial has announced that, in consortium with IMASA Ingeniería y Proyectos, it has has been awarded construction and operation and maintenance contracts for a 50 MW...
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August 01, 2018
Financial close for Don Rodrigo solar project
The 170 MWp Don Rodrigo solar park has achieved financial close. The financing consists of a €100 million bridge loan from NORD/LB Norddeutsche Landesbank to launch the const...
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July 27, 2018
PPA signed for Nuñez de Balboa solar facility
Iberdrola has concluded a long-term Power Purchase Agreement (PPA) to supply electricity from the 391 MW Nuñez de Balboa solar facility set to build in Usagre (Badajoz-Extremadura). The agreeme...
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July 27, 2018
Greenalia achieves financial close of 50 MW biomass plant in Spain
Greenalia has announced that it has signed off a loan of EUR125 million (US$145.6 million) to finance the construction of a biomass-fired power plant in the town of Curtis-Teixeiro, loc...
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