Adani Green Energy to acquire 205 MW operating solar assets from Essel Group in India

India-based renewable energy company Adani Green Energy Limited (AGEL), announced it has signed a securities purchase agreement to aquire 205 MW operating solar assets from Indian Essel Group companies Essel Green Energy Private Limited (EGEPL) and Essel Infraprojects Limited (EIL).

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EnBW acquires French solar and wind developer VALECO

Germany-based energy supply company EnBW Energie Baden-Württemberg AG announced that after having received the final official approvals, it closed the acquisition of French developer and operator of wind and solar farms VALECO on 3 June 2019.

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Longroad Energy partners with Facebook to complete financing for 379 MW Prospero Solar in Texas

Longroad Energy, a US-based renewable energy developer, owner and operator, announced  the financial close and start of construction of its Prospero Solar project in Andrews County, Texas with a total financing package of approximately $416 million. When completed in 2020, Prospero will be one of the largest solar farms in the U.S., with a nameplate capacity 379 MWdc.

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Sonnedix achieves financial close on USD$99M project financing for 171MW Atacama Solar PV plant in Chile

Global independent solar power producer Sonnedix Power Holdings Limited announced it has further expanded its presence in Chile through the financial close of USD 99 million (EUR 88 million) for its 171MWp Atacama Solar PV plant in the form of non-recourse project financing provided by CAF –Development Bank of Latin America, as lead arranger, administrative agent and senior lender, and by Banco BICE and Banco Security, as senior lenders.

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Asian Development Bank to help build 100MW solar park in Cambodia

The Asian Development Bank (ADB) announced that it has approved a $7.64 million loan to support the construction of a 100-megawatt (MW) solar power park in Cambodia, which will help the country develop renewable energy resources, diversify its energy mix, and improve the competitiveness of its economy.

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