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3 April 2013

BP to sell off $1.5bn US wind portfolio in green retreat

Oil giant BP is to put its $1.5bn US wind arm up for sale as it retreats from renewables to focus on core oil and gas assets.

28 March 2013

E.ON secures $174.9m from JP Morgan and Wells Fargo for 200MW wind farm

E.ON Climate and Renewables (ECR) has secured financing of $174.9m from a group of investors including JP Morgan and Wells Fargo, in exchange for a partial interest in ECR’s 200MW Wildcat I Wind farm.

28 March 2013

Ballast Nedam nabs foundation deal for EnBW Baltic 2 offshore wind farm

Ballast Nedam will install foundations at the German EnBW Baltic 2 288MW offshore wind farm under a new deal.

28 March 2013

RES forms JV with STFA for Turkish wind farm

The Turkish division of renewables developer RES has entered into a joint venture with Turkey’s STFA Investment Holdings for the development of the Evrencik 120MW wind farm at Kirklareli in Marmara.

27 March 2013

Fundraising for €500m Real Asset Energy Fund ‘steady’p

The Real Asset Energy Fund (RAEF), a €500m vehicle being raised by Luxembourg-based Solar Investment Group, is making ‘steady rather than spectacular’ progress towards its target, according to founding partner Luca Concone.

27 March 2013

US utility seeks 10MW-plus wind resourcesp

A US utility is has launched a request for proposals as it seeks wind resources to add to its power pool.

27 March 2013

Suzlon Energy completes sale of $647m in bonds

Suzlon Energy, the Indian wind-turbine manufacturer that failed to repay convertible debt last year, has completed a sale of $647m in bonds.

27 March 2013

Irish green power group Gaelectric raises €65m for wind portfolio

Irish renewable energy generation and energy storage group Gaelectric has raised €65m, led by Swedish group Proventus Capital Partners, for its domestic portfolio of onshore wind energy project.

27 March 2013

ETI chooses Cornwall’s WaveHub for offshore floating wind testsp

The Energy Technologies Institute (ETI) has chosen WaveHub in Cornwall as the location of its offshore wind demonstration platform as the areas high-wind speeds will be key in bringing the cost of the technology down.

26 March 2013

Update: Trump denies ‘ugly’ wind farm overlooking his Scottish golf course will go aheadp

US billionaire Donald Trump is convinced the ‘ugly windfarm’ approved in Scotland today ‘will be tied up in courts for years.’

26 March 2013

Pacific islands get $530m to deploy multiple green projects

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.

26 March 2013

Trump in a bluster over approved Scottish wind developmentp

Consent for the 100MW European Offshore Wind Deployment Centre in Aberdeen Bay, overlooking US billionaire Donald Trump’s golf course, has been given consent by the Scottish government.

26 March 2013

German renewables park operator Capital Stage has €20m to spendp

Capital Stage, a solar and wind park operator in Germany, said it has €20m available to make investments that expand its portfolio.

26 March 2013

European 100MW offshore wind testing centre approved in Scotland

The Scottish government today announced consent for the development of the 100MW European Offshore Wind Deployment Centre (EOWDC) in Aberdeen Bay.

26 March 2013

France offshore wind tender expected to trigger $4.5bn investment

France will look to build 200 wind turbines off its coast in a 1GW tender through which it hopes to attract $4.5bn of investment.

26 March 2013

Nordex still seeks Chinese JV partnerp

German wind turbine maker Nordex said discussions with possible partners in China are still ongoing as the company aims to tap into the hard-to-access market.

25 March 2013

DIF exceeds hard cap with €800m infrastructure fundp

Dutch fund manager DIF has held a final close of its Infrastructure III fund on €800m, after raising its hard cap when its third close exceeded its original target.

25 March 2013

Juwi’s $300m 150MW Prairie Breeze Wind Farm given strict conditions

The $300m Prairie Breeze Wind farm set to be built in the US state of Tennessee will be allowed to move forward as long as developers juwi Wind guarantee it won’t diminish property values and turbines are built at least 1,500 feet from property lines.

25 March 2013

ETI selects Glosten, Alstom as designers for £4m offshore wind platform

The Energy Technologies Institute has selected The Glosten Associates and its partner Alstom as the designers of its offshore wind floating platform systems demonstrator.

25 March 2013

AXA mulls sell-off of private equity arm

French insurance group AXA is reportedly close to selling a majority stake in its private equity arm, which recently raised a €1.45bn infrastructure fund, to a group led by its management to de-risk its asset base.

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