KDC Solar Aannounces operation of 6 MW solar PV project in US
KDC Solar has announced the commencement of construction on a 5.5 megawatt solar power system located in the Bridgeton and Fairfield Townships, New Jersey. The solar project will supply electricity to the adjacent Ardagh Group glass manufacturing facility, producing approximately 7.5 million kilowatt hours of renewable electricity in its first year.
Debt financing for the project was provided by Seminole Financial Services through a construction and a permanent loan facility. Development capital and project equity were arranged by GoldenSet Capital Partners in its role as sub-advisor to the North Sky Capital Alliance Fund II.
Country updates
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November 15, 2018
Canada’s National Energy Board approves the development of 383 MW Manitoba-Minnesota transmission project
Canada’s National Energy Board has issued its decision approving the Manitoba Hydro – Manitoba-Minnesota Transmission Project subject to 28 conditions, and the approval of the G...
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November 15, 2018
NY Public Service Commission approves the construction of 90 MW wind project
The New York State Public Service Commission (Commission) approved the construction and operation of the Cassadaga Wind Farm, a utility-scale wind farm in Western New York that will generate enough el...
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November 15, 2018
Green Plains completes sale of three ethanol plants to Valero Renewable Fuels
Green Plains Inc. has completed the previously announced sale of its three ethanol plants to Valero Renewable Fuels Company LLC for US$319 million in cash, including net working capital and other...
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November 15, 2018
Nautilus Solar announces the acquisition of 9 MW solar PV project from Power52ES
Nautilus Solar Energy, LLC (Nautilus) announced the acquisition of a 9 MW community solar development portfolio from Power52 Energy Solutions (Power52ES), a regional developer of renewable energy proj...
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November 15, 2018
KKR to raise US$1.5 billion for its Asia Infrastructure Fund
Global private equity group KKR & Co has expanded its presence in Asia's infrastructure sector by launching a new fund. The Fund will focus across various segments within infrastructure right from...
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