Greenbacker Development Opportunities Fund I closes fundraising
Greenbacker Capital Management, LLC has announced that its Greenbacker Development Opportunities Fund I, LP (GDEV) has completed fundraising at US$142 million, nearly reaching its US$150 million hard caps.
The Fund, launched in October 2020, provides flexible capital and access to Greenbacker’s best-in-class technical asset management team for growth-stage sustainable infrastructure companies. As of the Fund’s final closing, GDEV has made its first eight investments across multiple clean energy technologies, including solar photovoltaic electricity generation, hydroelectric generation, and battery storage.
Country updates
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March 17, 2022
Commercial operation starts for 390 MW solar project with 561 MWh energy storage in USA
Goldman Sachs Renewable Power has announced the commercial operation of its Slate solar and energy storage project.
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March 17, 2022
ABB to supply electrical systems for two green hydrogen projects in Georgia, USA
ABB has been awarded two major contracts by Plug Power Inc to provide the electrical systems for two new hydrogen plants in the USA, set to collectively produce 60 tons of green hydrogen per day. ...
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March 16, 2022
Equinor, BP sign deal for offshore wind port hub in New York
Equinor and bp have signed an agreement to turn the South Brooklyn Marine Terminal (SBMT) complex in Brooklyn, New York into a major regional hub for offshore wind. Companies will create an operation...
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March 16, 2022
SPI Energy plans to build 54 MW solar project in Illinois
SPI Energy, through its subsidiary SPI Solar Inc., has secured approximately 465 acres across two parcels for the development of a utility-scale solar project in Illinois in the USA. The 5...
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March 15, 2022
Colorado rejects 80 MW Garnet Mesa solar PV project in Delta
Delta County, Colorado, has voted against the development of an 80MW solar farm that was supposed to offer renewable energy to the Delta-Montrose Electric Association in the USA. Delta County Commiss...
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