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Banks' fossil fuel commitments accelerate as pressure intensifies
19 May 2020 -
GIB, Marubeni refinance equity stake in UK offshore wind farm
11 August 2014The UK Green Investment Bank (GIB) and Japanese trading firm Marubeni have refinanced part of their 50% stake in the 210MW Westermost Rough wind farm off the east coast of England.
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ADB issues $50m 'risk sharing loan' to Indonesia geothermal project
25 July 2014The Asian Development Bank (ADB) has reinforced its commitment to kickstart Indonesia's geothermal sector by providing a $50 million 'risk sharing loan' to help a 240MW project get off the ground.
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Mainstream trials innovative weather risk product
05 March 2014Mainstream Renewable Power is piloting a new type of insurance product designed to help protect against the risk that the pre-construction phase of an offshore wind plant is delayed by bad weather.
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Renewables M&A deals up a third in 2013, further activity expected in 2014
28 February 2014The value of mergers and acquisitions in renewable energy rose nearly a third in 2013, driven by utilities looking to offload the assets to raise capital, a consultancy firm has found.
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Japanese trading firm buys 90% stake in US wind project
08 January 2014One of Japan's largest trading houses has acquired a 90% stake in a wind farm developed by EDF Renewable Energy.
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Mainstream group wins 360MW wind contracts in South Africa
30 October 2013A consortium led by Ireland's Mainstream Renewable Power is poised to invest ZAR 9 billion ($913 million) to develop three new wind farms in South Africa with a combined capacity of 360MW.
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Japanese trading house takes €100m stake in renewables developer
05 August 2013One of Japan's largest trading companies has agreed to buy a 25% stake in a solar and wind project developer for €100 million ($133 million).