GoldenPeaks Capital Energy, a Malta-headquartered green power producer, has acquired 283 MW ready-to-build solar power projects in Poland, located mostly in the country’s western and northwestern regions. The portfolio comprises a mix of projects with capacities of up to 10 MW. With the latest acquisition, the company aims to strengthen its solar market in Poland and close in on its target of 1 GW of solar assets in Poland by 2024.
Greenbacker Capital Management, a renewable energy asset manager, through an affiliated investment vehicle, entered into a $92 million financing agreement with BMO, who served as both the lender and the administrative agent for the deal. The proceeds from the construction, comprising of construction and tax equity bridge loans, will be used to finance the construction of the 30 MW Holtville battery energy storage project. The term loan will support the construction of a portfolio of community solar projects in the northeastern U.S.
Lightsource bp, a global utility-scale solar project developer, announced the sale of five of its utility-scale solar photovoltaic projects to clean energy generation company Beijing Jingneng Clean Energy Australia for A$813 million (~$546.68 million). The five solar power projects, located across New South Wales, Queensland, and Victoria, have a cumulative capacity of 1,036 MWdc.
Renewable energy company BluPine Energy has announced the financial closure of ₹5.11 billion (~$61.3 million) for its 120 MW solar project in Gujarat, India. The green loan financing for the project was secured from Standard Chartered.
Adapture Renewables, a utility-scale solar and energy storage project developer, announced the acquisition of three solar power projects totaling 450 MWdc/ 333 MWac in MISO territory in Illinois and Arkansas from Tyr Energy Development Renewables. All three acquired projects are currently in the pre-notice-to-proceed stage, with anticipated commercial operation dates slated for 2025 and 2026.
Standard Solar, a solar energy company specializing in developing and financing solar electric systems, announced the acquisition of a 9.9 MW behind-the-meter solar project named ‘Bluebonnet’ in Texas from EDF Renewables North America. The Bluebonnet project is slated for completion in Q2-2024, with construction efforts underway.
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