Nautilus Solar Energy, a U.S.-based community solar provider, announced the acquisition of community solar projects totaling about 11 MWdc in Illinois from Renewable Properties, a utility-scale solar and energy storage project developer. Renewable Properties developed the solar projects for the Illinois Shines program, comprising the 7 MW Highway 20 solar project in Kane County and the 4 MW Deep Lake project in the village of Antioch.
Ecoener, a renewable energy project developer, announced it secured a $43.1 million loan to finance the development of the 60 MW Payita 1 solar project in the Dominican Republic. The company received financing support from Proparco, a French development finance institution and a subsidiary of the Agence Française de Développement Group.
Bluefield Solar, a U.K.-based income fund focused on acquiring and managing solar energy assets, announced the closing of a £300 million (~$380 million) refinancing as a part of its 359 MW capacity solar project portfolio management. The company jointly owns the assets with GLIL Infrastructure, a U.K.-based investor.
Lion Storage, a Dutch utility-scale battery energy storage project developer, announced the financial closure of the 350 MW/1,400 MWh Project Mufasa in the Netherlands. Macquarie Capital, the lead equity investor, alongside infrastructure investor TINC, returning investors, and six banks, will provide the financing. The project is expected to be fully funded through 100% non-recourse project financing of more than €350 million (~$367.16 million).
Pacific Green, an energy storage project developer, signed a binding agreement to sell 100% of its 250 MW/500 MWh Limestone Coast North Energy Park shares to Intera Renewables, a clean energy investor. The transaction amounted to an enterprise value of A$460 million (~$293 million). The project, in the Limestone Coast region of South Australia, is expected to begin commercial operation in early 2027.
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