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13 March 2013

ABB spends $12m on Scotrenewables Tidal Power through venture arm

Global power and automation technology group ABB has led a $12m investment in Scotrenewables Tidal Power.

12 March 2013

Exclusive: Kotak Mahindra targets $240m for Brookfield-backed infra fundp

Indian financial services conglomerate Kotak Mahindra has held a first closing of its energy-focused infrastructure private equity fund on $90m (INR490 crore) and told NewNet it would look to hit a final close of between $225m and $240m.

6 March 2013

Israeli seed investment platform OurCrowd garners cash for Lucid Energy

Lucid Energy, which produces renewable power from gravity-fed water pipelines, has secured $650,000 of financing from Israeli venture platform OurCrowd.

4 March 2013

NextEra completes sale of hydro assets for $760m

NextEra Energy Resources has sold off 351MW of hydropower assets owned by a subsidiary for $760m.

26 February 2013

Massachusetts seeks hydropower info as it embarks on improvement programmep

The Massachusetts Clean Energy Center has launched a request for information as it seeks information to help inform a design and improvement programme.

18 February 2013

ITM Power sells first plant in Japan

ITM Power, a UK-based energy storage and clean fuel company, has sold its first reference plant based on the HPac platform, to a company in Japan.

14 February 2013

Brookfield acquires hydro assets for $33m

Canada’s Brookfield Renewable Energy Partners has acquired the remaining 50 per cent stake in the Powell River Energy for C$33m ($32.9m) from Catalyst Paper.

14 February 2013

Resolute Marine Energy receives preliminary permit for Alaska wave project

Resolute Marine Energy has had its preliminary permit application to install an array of wave energy convertors in the US state of Alaska approved by the Federal Energy Regulatory Commission.

8 February 2013

Deal round-up: Financing becomes available for European green schemesp

Despite an exclusive report for NewNet showing cleantech investment faltering since the start of the year, this week showed that for all its economic woes financing is available in Europe for the right deals.

7 February 2013

Canadian renewables investor Brookfield to raise new fundp

Canadian investor Brookfield Renewable Energy Partners has allocated the majority of its existing BAIF fund and is set to begin raising new capital.

5 February 2013

Mountain Cleantech leads €15m round by small hydro specialist Geppert

The Mountain Cleantech Fund II has led a €15m funding round into Austrian small hydro innovator Geppert.

4 February 2013

Turkey foresees ‘huge’ renewable energy investment

Turkey anticipates seeing a mass surge in renewable energy investment over the next ten years as it looks to clean its power supplies and meet growing demand.

1 February 2013

EBRD loans $25m to upgrade Armenian hydro

The European Bank for Reconstruction and Development has lent $25m to the International Energy Corporation to finance hydropower rehabilitation in Armenia.

30 January 2013

Kazakhstan’s sovereign wealth fund eyes renewables venturesp

kazakstan_170_170 Kazakhstan's sovereign wealth fund will place a greater focus on alternative energy going forward as it seeks to take a central role in the modernisation of the country’s economy.

23 January 2013

Exclusive: UBS hits halfway point for €400m clean energy infrastructure fundp

UBS Global Asset Management has so far raised CHF244.7m (€197.5m) for a clean energy infrastructure fund with a source close to the deal telling NewNet it is hoping to secure double that amount.

22 January 2013

Brookfield Renewable Energy Partners to carry out C$100m share offeringp

Brookfield Renewable Energy Partners has agreed to issue four million Class A Preferred Shares for aggregate proceeds of C$100m ($100.8m).

18 January 2013

DOE appoints Bill Drummond to run Bonneville Power Administration

steven_chu_300312_170 The US Department of Energy has appointed Bill Drummond as the new administrator for the Bonneville Power Administration.

17 January 2013

Alstom taps Ethiopia’s renewables potential with major hydropower deal winp

alstom_hydro_170_170 On the back of winning a major hydropower deal in Ethiopia valued in the region of €250m, French engineering giant Alstom told NewNet population growth is providing a fundamental driver for the further deployment of green power projects in the country.

17 January 2013

Reservoir Capital wins hydro concession in south-east Europe

Reservoir Capital has been granted a 30-year concession to develop three hydro plants in Bosnia and Herzegovina.

15 January 2013

Nexans wins €80m infrastructure deal

French cable-maker Nexans has won a contract in Canada worth more than €80m from Nalcor Energy.

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