Tag: financing
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Copenhagen Infrastructure Partners sells ownership of Travers Solar project in Canada
Copenhagen Infrastructure Partners (CIP) has sold its 100% ownership interest in the Travers Solar project in Alberta, Canada, to a fund managed by Axium Infrastructure. Terms of the deal were not disclosed. Located about 130 km south of Calgary, Travers Solar has a total capacity of 465 MWac / 691 MWdc and is the largest……
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Green Lantern Solar rings up robust solar project development plan for 2023
In brightest day, in blackest night, Green Lantern Solar is shining its light on growth for 2023. After a strong 2022, the renewable energy development and finance company is focusing on expanding its solar project development pipeline and adding talent for the future. To meet demand in 2023 and beyond, Green Lantern Solar currently……
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kWh Analytics to provide Property Insurance coverage for solar projects
Traditional insurance carriers are starting to really tighten their renewable energy portfolio exposure. A new industry-specific solution is needed to provide coverage against physical damage sustained by solar and other renewable projects — and one is on the way. Climate insurance provider kWh Analytics is launching a much-needed property insurance coverage for renewable energy assets……
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Lightsource bp closes $267 million deal with Wells Fargo for 481 MW solar portfolio
Lightsource bp has successfully closed on a $267 million tax equity investment from financial services firm Wells Fargo & Co. The financing leverages the Production Tax Credit (PTC) structure made available for solar companies in the 2022 Inflation Reduction Act (IRA). The investment will support the construction and operation of a two-project portfolio in Louisiana……
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Soltec signs $108 million deal with Incus Capital to strengthen asset management business
Solar tracker providers Soltec has signed financing agreement worth 100 million euros ($108 million USD) with Incus Capital to fund its renewable asset management and exploitation business. Through this agreement, Soltec seeks to add value to and speed up the growth of Soltec Asset Management, its business division dedicated to the investment, exploitation and management……