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Global law firm Norton Rose Fulbright has advised juwi AG and juwi Hellas S.A. on the sale and contracting of Project Kozani, a 204.3 MWp solar photovoltaic power project developed close to the city of Kozani in north-western Greece, to HELPE Renewables, a company of the Hellenic Petroleum group. A flagship…
Dr Jonathan Scurlock is the NFU’s chief renewable energy and climate change adviser. He writes: I have seen the future of electricity networks… and it’s impressively clean and quiet. One of the biggest challenges to decarbonising electricity generation using intermittent renewables like wind and solar power is their low “capacity…
Following its acquisition of the IPO seed portfolio in December 2018, SEEIT has made five further portfolio acquisitions including the latest $110m investment in a portfolio of assets in the United States, the completion of which was announced on 5th February. The portfolio is now diversified by asset type, counterparty…
London, 13 February 2020: Cubico Sustainable Investments (Cubico), a leader and global investor in renewable energy, has acquired and achieved financial close for the 102 MW Midlands solar PV project in Calhoun County, South Carolina, USA. Midlands benefits from a 20 year PPA with Dominion. The project is the third…
National law firm Weightmans has helped the Broad Group secure funding for the development of a new 12MW energy recovery facility (ERF) in Mid Wales. The Weightmans team, led by partners Levent Gürdenli, Sarah Walton and Brian Ghatan, performed the corporate, commercial, tax work and property due diligence for the…
The first projects to receive gap funding for heat network schemes have been announced today by the Department for Business Energy and Industrial Strategy (BEIS) in partnership with Triple Point Heat Networks Investment Management. With over £30 million awarded to five local authority projects and a further £10 million awarded…
The European Investment Bank (EIB) is to support CEPSA’s commitment to reduce the environmental impact of its activities by financing a globally pioneering R&D project to increase the sustainability of its petrochemicals operations. To this end, the EU bank has granted a €60 million Investment Plan for Europe loan to…
London, 5 February 2020: Cubico Sustainable Investments (Cubico), a leader and global investor in renewable energy, has acquired Arenales Solar PS, S.L., the owner of a 50 MW operational concentrated solar power (CSP) plant, from Pan- European Infrastructure Fund, managed by DWS, a global infrastructure asset manager. The Arenales project…
The ground-breaking ReFLEX Orkney project has passed the first stage gate review, enabling it to move from feasibility stage to demonstration. ReFLEX Orkney has successfully progressed through the first stage of the project, following a review meeting with UK Research and Innovation (UKRI) last month [January 2020]. Funded by UKRI…
MANCHESTER, 03 February 2020: Close Brothers Leasing continues to strongly grow its Energy book through the provision of a £70m facility to Conrad Energy for the development of gas peaking power plants with a combined installed capacity of 180MW. Peaking power plants run when there is high demand for…
