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Energy Economy
Bord Na Mona Eyes €1.6bn War Chest for Wind, Solar
Bord na Mona has launched a major fundraising campaign to build a series of climate action projects across its 200,000 acre landholding.
Energy Economy
Lundin Makes $357,000 Investment in Swedish Wave Energy Start-Up
Non-profit investment company Lundin Foundation has invested $357,000 in wave energy foundation Ocean Harvesting Technologies.
Energy Economy
Chile: Mainstream Renewable Power Secures Funding for 630MW of Renewable Generation
Mainstream Renewable Power has closed funding of US$620 million for the second phase of the Andes Renovables wind and solar generation platform in Chile.
Energy Economy
EDP Renováveis to Sell Stake in US Renewable Assets for $700m
Spanish firm EDP Renováveis has agreed to sell its stake in a US wind and solar portfolio to Connor, Clark & Lunn Infrastructure for $700m.
Energy Economy
Saud Electricity Signs $2.4bn Medium-Term Financing Agreement With 7 Banks
Saudi Electricity Company, the largest utility company in the Middle East and North Africa region, signed on Aug. 26 a syndicated financing agreement worth SR9
Energy Economy
Research Identifies Need for Multi-Billion Dollar Investments in Asian Hydropower Modernisation
A study conducted by International Hydropower Association for the Asian Infrastructure Investment Bank has found that 66 hydropower stations across 19 countries
Energy Economy
EU Bank Acquires 25% Stake in Romanian Gas Company
The European Bank for Reconstruction and Development is strengthening energy security in Moldova with the acquisition of a 25% stake in Vestmoldtransgaz.
Energy Economy
Aveva to Acquire Digital Company OSIsoft for $5bn
Industrial software company AVEVA is to acquire US digital solutions firm OSIsoft for $5bn.
Energy Economy
Actis to Acquire Green Energy Projects from ReNew Power in India
UK-based private equity firm Actis has reportedly started talks to acquire more than 550MW capacity of green energy projects from Indian company ReNew Power.
Energy Economy
KEPCO KPS to Acquire Manikaran’s Stressed Power Assets in India
Korea Electric Power Corporation KPS has reportedly planned to acquire and operate stressed power plants from Manikaran Power in India.
Energy Economy
South Korea’s Renewables Investments to Top $46bn By 2030
South Korea’s renewables investments are expected to exceed $46 billion by 2030.
Energy Economy
Japan Steps up Renewables Investment to Beat 2030 Target
Japan will invest more than $100bn in wind and solar generation before 2030.
Energy Economy
Brazil's Omega Geração Buys Stake in EDF Renewables Wind Farms
It added that it was in talks to buy additional wind farms with 265 MW in capacity and has until December to make an offer.
Energy Economy
Iran Considers Allowing People to Invest in Oil on Local Exchange
Iran is considering letting residents invest in oil on the domestic energy exchange.
Energy Economy
Tokyo Gas to Spend $657 mln in U.S. Shale, Solar Assets
Tokyo Gas will also pay up to 49 billion yen to purchase the 630 megawatts Aktina solar power project in Texas from Hecate Energy, a U.S. renewable energy devel
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