Lazard fund buys stake in UK renewable developer
Lazard Asset Management (LAM) announced that its Sustainable Private Infrastructure Fund (Lazard SPI Fund) has completed its second investment, taking a 50% stake in Shawton Energy Limited, through its UK investment platform New Regions Energy.
This represents a strategic commitment to Shawton Energy, a prominent developer of renewable technology and a proprietor of rooftop solar PV ventures serving commercial and industrial clients throughout the UK. This investment allows the Lazard SPI Fund to not only obtain stakes in the company's current operational solar PV projects but also to tap into a substantial portfolio of upcoming projects.
Country updates
-
-
September 19, 2023
Radial Power brings Paloma Ridge solar project online in Austin
Radial Power has installed and commissioned the Paloma Ridge solar project connecting 3.35 MW DC of renewable energy to the Paloma Ridge Office Park in Austin, Texas, USA. The Paloma Ridge solar proj...
Read more -
September 15, 2023
South Korea additionally contribute US$300 million to U.N. Green Climate Fund (GCF)
The U.N. Green Climate Fund (GCF) welcomed South Korea's decision to additionally contribute US$300 million to the fund as part of the country's efforts to help combat climate change. South Korea has...
Read more -
August 25, 2023
Avangrid plans to develop 57 MWdc solar PV project in California
Avangrid has announced its plans to construct the 57 MWdc (44 MWac) Camino Solar project in California, USA. The solar facility will be situated in Kern County, adjacent to Avangrid's existing Manzana...
Read more -
August 25, 2023
US regulators approve construction of 704 MW wind project off the coast of Rhode Island
The US Department of the Interior (DOI) has granted approval for the 704 MW Revolution Wind project, a major development in Rhode Island that aims to generate clean energy. Located approximately 15 na...
Read more -
August 24, 2023
Vestas secures 288 MW order to power US wind projects
Vestas has announced receiving 288 MW turbine orders for two undisclosed wind projects in the US. The order comprises a total of 64 V150-4.5 MW wind turbines, with 30 turbines allocated for one projec...
Read more
