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Business & Finance

18 Dec | 100MW Kipeto wind power project reaches financial close

  • Kipeto project will be second largest wind power project in Kenya
  • The project will supply 100MW of clean energy to the national grid as a significant contribution to Kenya’s Vision 2030 and Big Four Agenda
  • With support from USAID Power Africa, the project has developed and initiated a Biodiversity Action Plan, which is designed around the international best practice outlined in the IFC environmental performance standards

14 Aug | Lekela appoints Bernard Kiernan as Head of Project Finance

Lekela, the renewable power generation company that delivers utility-scale projects across Africa, today announced the appointment of Bernard Kiernan as Head of Project Finance. A significant hire, Bernard will be responsible for the financial structuring of all business development investments and will manage all project finance arrangements.  

01 Aug | IFC Announces Partnership With Gaia Energy to Increase Wind Development Across Africa

IFC, a member of the World Bank Group, has forged a new partnership with Gaia Energy to create a joint platform for the development of wind power and other renewable energy projects in Africa.

01 Aug | Enel Green Power signs project financing for up to 950 million euros on 700 MW of new wind projects in South Africa

  • EGP RSA signed all financing agreements, also known as “financial close”, for five new wind farms with Nedbank Limited and Absa
  • Total investment in the five wind farms amounts to approx. 1.2 billion euros, with the Enel Group contributing around 230 million euros in equity
  • Following the financial close, construction of the first wind farm, Nxuba, is expected to start by the end of 2018.

Business & Finance

17 Jan | Wavin making waves with offshore wind farm energy supply

Manufacturer cuts CO2 emissions by 13.7 tonnes a year, with renewable energy from Ørsted.

Business & Finance

16 Jan | ABO Wind continues its successful cooperation with CEZ

  • Czech supplier purchases second wind farm portfolio with a total capacity of up to 116.5 megawatts
  • Sold projects will receive remuneration via former market bonus system
  • ABO Wind is working on future wind and solar projects with a total of approx. 900 megawatts

Business & Finance

15 Jan | juwi builds thousandth wind turbine in the company history

Anniversary plant in Mohlis (Thuringia) is one of the first projects that juwi won in the tender process by the Federal Network Agency and which are now being constructed

Business & Finance

15 Jan | Cepsa and Masdar focus their collaboration on renewables in Spain and Portugal

  • The agreement sets the guidelines to grow the portfolios of both companies in wind energy and solar PV
  • Cepsa is interested in establishing a 500-600 MW capacity in the next five years