Blackstone Sets Up Credit Platform for Renewable Energy Investments

Jon Gray Blackstone has launched Blackstone Credit’s Sustainable Resources Platform, which will focus on investing in and lending to renewable energy companies and those supporting the energy transition. This initiative brings together Blackstone Credit’s scale and expertise in these areas … Read More

Blackstone Infrastructure Invests $3 Billion in Invenergy for Renewable Energy Development

Invenergy’s Buffalo Mountain wind project Funds managed by Blackstone Inc.’s Blackstone Infrastructure Partners have entered into a definitive agreement with Caisse de dépôt et placement du Québec (CDPQ) and Invenergy for an approximately $3 billion equity investment in Invenergy Renewables … Read More

Apollo, NextEra Energy Partners Fund Renewable Energy Portfolio

Wind turbine construction at one of NextEra Energy’s sites Funds managed by Apollo’s affiliates have made a first close on a $816 million in a convertible equity portfolio financing agreement with NextEra Energy Partners LP in a 2.5 GW contracted … Read More

GEM Group Commits Capital to Hydro Wind Energy’s Offshore Wind Technology Projects

Hydro Wind Energy’s OceanHydro Wind offshore wind power generation and energy storage Under a new agreement, GEM Global Yield LLC SCS, a private investment group, is committing to provide Hydro Wind Energy with a share subscription facility of EUR 50 … Read More

Needham Bank Extends $25 Million Loan for Maine Wind Energy Project

Needham Bank has closed a $25 million loan to an affiliate of SWEB Development USA (SWEB) for the development of a wind energy project in Maine. The loan is based on the new CME Term SOFR (secured overnight financing rate), … Read More

Ocean Winds, Aker Support £235 Million Supply Chain Investment Package for Scotland

A £235 million early investment package to support the renewable energy supply chain in Scotland has been unveiled by Ocean Winds and Aker Offshore Wind. The financial package is included in the joint Ocean Winds and Aker Offshore Wind ScotWind … Read More

Dogger Bank Wind Farm Reaches Financial Close for Third Phase

Source: GE Renewable Energy GE says Dogger Bank Wind Farm, which is located between 130 km and 190 km off the northeast coast of England in the North Sea, has reached financial close on debt financing for phase C, the … Read More

Leeward Closes $175 Million in Financing for Colorado Wind Farm

Leeward’s Wind Park Bear Creek wind farm in Pennsylvania Leeward Renewable Energy LLC has closed construction financing and secured tax equity commitments for its Panorama Wind Farm located in Weld County, Colo. MUFG Bank Ltd. served as coordinating lead arranger, … Read More

Niagara Region Wind Farm Receives $31 Million in Refinancing Closing

Photo courtesy of Six Nations of the Grand River Development Corporation Vancity Community Investment Bank (VCIB) and Six Nations of the Grand River Development Corp. (SNGRDC) have successfully closed $31 million in refinancing for the 230 MW Niagara Region Wind … Read More

Maryland Offers Grant Funding for Offshore Wind Supply Chain and Workforce Training

Gov. Larry Hogan The Maryland Energy Administration (MEA) is bringing back its two offshore wind grant programs for fiscal year 2022: the Maryland Offshore Wind Capital Expenditure Grant Program and the Maryland Offshore Wind Workforce Training Grant Program. The MEA … Read More