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Posts Tagged ‘renewable energy’

14 September 2011

Brookfield combines operations to launch renewable asset acquisition business

Brookfield Asset Management will look to expand its presence in the renewable power sector by consolidating its operating entities and creating a new publicly traded entity that will look to buy-out clean energy assets. The creation of Brookfield Renewable Energy Partners (BREP) will see Brookfield Asset Management combined with Brookfield Renewable Power Fund through which[...]

22 August 2011

CO2Sense targets UK renewable energy investments

Low carbon strategy specialist CO2Sense is embarking on the search for more renewable energy projects in which to invest.

17 August 2011

UK’s nuclear push sets back progress of renewables

The UK government’s plans to fast-track the development of a number of nuclear plants may prove too expensive and they go against progress made by the renewable energy sector as well current world opinion about the safety of the technology, writes Lee Summers, director of EOS Energy.

16 August 2011

US utility Great River Energy to buy power from community renewable sources

Great River Energy, a US utility with a distribution service covering the states of Minnesota and Wisconsin, is on the hunt to buy power from community-based renewable energy resources.

11 August 2011

Private investors, partners sought for US Army’s $7bn renewables plan

The US Army will look to attract $7.1bn of private investment to increase its energy security through the deployment of renewable power.

11 August 2011

Polish utility PGE pulls back from listing renewable energy unit

Polish utility Polska Grupa Energetyczna has decided to suspend the listing of its green energy unit, citing concerns over the declining economic climate.

10 August 2011

Ominvest to pump funds into Omani renewable energy

Oman International Development and Investment Company (Ominvest) is to make a massive investment drive into renewable energy sector after reporting a profit of OMR9.92m ($25.76m) for the first six months of the year.

4 August 2011

PSE&G to pull back renewable energy spending

New Jersey, US-based energy services company Public Service Enterprise Group is to scale back renewable energy investments made by its subsidiary PSEG Energy Holdings

4 August 2011

Countrywide Renewable Energy launches to invest in renewables

Countrywide, a long-term supplier of products and services to the rural community, has launched a new company to invest in the UK's renewable sector.

4 August 2011

NTR looks to exit solar as losses increasep

solarpanel2_170_170 NTR, a renewable energy developer, has decided to write down its solar investments as it said they significantly contributed to the group’s losses of €381m.

2 August 2011

Brazil’s Banco Votorantim on fundraising trail for three renewable energy PE funds

Banco Votorantim, the financial unit of Latin American industrial group Votorantim Group, will look to raise $768m across three renewable energy-focused private equity funds.

1 August 2011

South Africa sets ambitious clean energy goalp

South Africa has finally launched its procurement plan to derive 42 per cent of its new generation from renewable sources over the next two decades.

1 August 2011

South Africa launches long-awaited renewable procurement programme

South Africa has launched its much-anticipated renewable energy procurement plan, setting in motion the country’s plan to derive 42 per cent of new generation from renewable energy sources.

28 July 2011

NextEra Energy reports improved results for second quarter

US renewable developer NextEra Energy recorded net income on a GAAP basis of $580m in the second quarter of 2011, compared with $417m in the same period last year.

27 July 2011

GE Capital, Mitsui form co-investment partnership to target renewables

Private equity group GE Capital has formed a new strategic relationship with Tokyo-based industrial group Mitsui & Co to explore opportunities within the renewable energy sector.

25 July 2011

UK launches Coastal Communities Fund to support low carbon developmentp

Renewable energy developers in the UK are set to benefit from a multi-million pound fund launched by the government to support the low carbon economic development of the country’s coastal communities.

19 July 2011

OPIC to pump $820m into India’s renewable energy sector

india_map_170_170 Overseas Private Investment Corp, a US financial agency, will pump $820m of investment into India's renewable energy sector by the end of the year.

19 July 2011

Maritime Industrial sold to renewable energy service company Lamprell for $336m

Middle Eastern investment firms Gulf Capital and Amwal AlKhaleej have announced the $336m sale of portfolio company Maritime Industrial Services to Arabian Gulf renewable energy service company Lamprell.

18 July 2011

Indeco Ventures looks to raise funds to progress solar ambitions

india_map_170_170 Chennai, India-based renewable power developer Indeco Ventures will look to raise Rs105 crore ($23.56m) to progress its project portfolio.

15 July 2011

Indonesia pledges $15.7bn for renewable energy drive

Indonesia will need to pump $15.7bn into its renewable energy sector before 2025 to keep the country’s low carbon ambitions on track, the country’s officials have said.

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