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Posts Tagged ‘renewable energy’

16 June 2011

Konark Group seeks up to $35m for renewable energy activities

India’s Konark Group, a diversified manufacturing and real estate business, will look to raise between $30m and $35m as it looks to capitalise on the country’s burgeoning renewable energy sector.

15 June 2011

Newly-launched Arle Capital Partners to source North Sea renewable energy deals

A private equity firm launched to manage the assets of UK buy-out house Candover has renewable energy deals on its radar, a spokesperson told NewNet.

15 June 2011

Konark Group looks to raise up to $35m for renewable energy activities

India’s Konark Group, a diversified manufacturing and real estate business, will look to raise between $30m and $35m as it looks to capitalise on the country’s burgeoning renewable energy sector.

7 June 2011

Investors eye Polish cleantech opportunities with launch of investment firm

A newly-established investment company has been set up to target the Polish cleantech and renewable energy market.

1 June 2011

Iberdrola Renovables shareholders approve absorption by parent group

Shareholders of the renewables unit of Spanish utility Iberdrola have almost unanimously approved the absorption of Iberdrola Renovables back into the parent group.

31 May 2011

Hotbed aims for early June final close for Burcote Wind investment

UK private investor syndicator Hotbed will aim to reach a final close of its investment into renewable energy company Burcote Wind in early June, NewNet has learnt.

31 May 2011

Oil company Cenovus Energy invests $2.5m in renewable desalination

Canadian oil company Cenovus Energy has joined a number of oil companies in transitioning to greener resources with a $2.5m investment in clean energy company Saltworks through its Environmental Opportunity Fund.

31 May 2011

New UK renewable consultancy Xi Engineering Consultants attracts stellar board

Xi Engineering Consultants, a new Scottish specialist engineering company, has attracted inbound investment and a powerhouse list of board advisers.

31 May 2011

ADB targets $2bn annual renewables spend from 2013, backs cleantech venture capital funds

Clean energy project developers are set to benefit from the $2bn a year the Asian Development Bank will commit to the industry from 2013, as it announces it will invest $60m to set up three venture capital funds.

31 May 2011

Germany’s nuclear switch-off set to boost renewables

The German government’s decision to phase out nuclear energy by 2022 has alienated many of the country’s major industrials but is set to spark a rise in the use of renewable power.

25 May 2011

SAM Private Equity invests $6m in Harvest Power

Rabobank Group’s private equity investment arm SAM has invested $6m in US-based renewable energy and fertiliser product developer Harvest Power, as the company looks to extend its Series B financing.

25 May 2011

Growing demand leads Hydrodec into £2m debt raise

Cleantech industrial group Hydrodec has carried out a £2m debt funding operation to build up its inventory of feedstock in the face of increasing demand.

25 May 2011

Exelon, Constellation expect merger to close in early 2012

Power company Exelon and renewable energy generator Constellation Energy have filed for their previously-proposed merger, which they expect to close early next year, and formed agreements to divest certain fossil fuel assets.

25 May 2011

Scotland moves forward with Ofgem negotiations

Scotland’s First Minister Alex Salmond labelled his talks with Ofgem CEO Alastair Buchanan this week as ‘constructive’ after it emerged that the energy regulator will play a greater role in monitoring the UK’s electricity market.

25 May 2011

Google, Citi invest $110m in California’s Alta wind park

Google and Citi have each invested $55m in California's Alta Wind Energy Center (AWEC), which is being developed by Terra-Gen Power, bringing the search engine giant's commitment to clean energy to more than $400m.

24 May 2011

Public is guardian of low carbon policies, say lawyers

Pressure from independent committees and the public is the most powerful leverage society has over the government’s formation of climate change policy, according to an expert panel of legal and government figures.

24 May 2011

Nordex wins Chinese turbine order

European wind turbine manufacturer Nordex has bolstered its entry into the Chinese markets with a new order from Ningxia Electric Power.

19 May 2011

Banks allocate £50m for renewable energy sector

NatWest and Royal Bank of Scotland have earmarked £50m to invest in renewable energy and established a team dedicated to the sector.

17 May 2011

UN industrial chief calls for natural resource economy in Africa

The changes unfolding in the Arab north have the potential to usher in an Africa-wide industrial revolution, according to the Director General of the United Nations (UN) Industrial Development Organization Kandeh Yumkella and South Africa’s Minister of Trade and Industry Rob Davies.

17 May 2011

Iberdrola invests in renewable energy training

Global renewable energy development major Iberdrola Renewables has invested in wind energy sector training, which is likely to enhance its market segment in the long term.

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