hydro
21 May 2013
The International Finance Corporation has signed an agreement with Oesterreichische Entwicklungsbank (OeEB), the Development Bank of Austria, to increase sustainable energy investment in Sub-Saharan Africa.
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14 May 2013
Tocardo Tidal Turbines, a producer of tidal and free-flow water turbines, has joined forces with renewable energy trading platform Climex to sell energy generated by Tocardo’s turbines.
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8 May 2013
More than 113,000 locals have invested in Mighty River Power shares garnering the company NZ$1.7bn ($1.42bn) ahead of its IPO on Friday, set to be the country’s largest.
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8 May 2013
IBM asset management software will be used at a $235m hydropower plant in Pakistan in the country’s first private sector scheme of its kind.
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7 May 2013
The European Investment Bank has loaned €55m to the Federal Democratic Republic of Nepal to finance the construction and operation of the Tanahu Hydropower plant.
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2 May 2013
GE’s Power Conversion business will help India to face rising electricity demand with variable-speed drive technology at Tehri Hydro Development Corporation’s (THDI India) 1GW pumped-storage hydro power plant.
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2 May 2013
A number of banks have been asked to prepare pitches by the end of May for two upcoming initial public offerings due to take place in New Zealand by Genesis Energy and Meridian Energy.
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30 April 2013
Singapore-based green investor Armstrong Asset Management has expanded its investment team and told NewNet it has now received $20m in backing from the International Finance Corp with plans to hold a final close on $150m by August.
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9 April 2013
Greenko is planning to develop 2000MW of generating capacity in India by 2017 at a cost as low as $0.07 per MW hour.
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9 April 2013
The large hydro turbine market in Latin America is all set to soar on the back of economic growth in developing countries with demand for orders predicted to increase rapidly.
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9 April 2013
Shareholders of Indian wind and hydro developer Greenko have supported plans for a £100m ($151m) equity investment from the Singaporean government.
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3 April 2013
Asset manager Brookfield has closed a $1bn private equity fund in one of the biggest fundraises in Canada in recent years and revealed to NewNet it is targeting a total capital raise of $5bn across a further six separate investment funds.
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3 April 2013
India-based renewable infrastructure developer Green Infra has secured INR500 crore ($91.8m) from Piramal Enterprise through a debt and equity deal.
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3 April 2013
New Zealand hydro and geothermal developer Mighty River Power will progress with its initial public offering this week with offer documents expected to be made public on Friday.
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26 March 2013
Pacific island nations will receive NZ$635m ($530m) in funding from New Zealand and the European Union for the roll-out of a number of renewable energy projects.
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21 March 2013
3Power Energy, a developer and operator of hydropower plants in Albania, has engaged a US investor relations firm to increase awareness of its activities within the investor community.
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20 March 2013
A South Carolina green power scheme said it wants to buy renewable energy certificates from local low carbon generators.
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18 March 2013
AIM-listed Greenko, which develops and operates clean energy projects in India, has secured a £100m investment from Singapore’s sovereign wealth fund GIC.
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15 March 2013
DCNS is now the majority shareholder in Irish start-up OpenHydro, a marine turbines specialist, with a 59.7 per cent holding.
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14 March 2013
Kotak Mahindra, a major finance house in India, told NewNet it will aim to close off its Brookfield-backed green infrastructure fund in just over a year with a target of $240m.
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