There are now over 100 companies focusing on off-grid solar systems in Africa, part of a global distributed solar industry that could reach $3.1bn by 2020.
The UK’s project finance sector should remain unscathed from consequences the country’s economy may suffer post-referendum, S&P finds.
Germany's Fraport has reduced its holding in Pulkovo Airport to 25%, divesting 10.5% to the Qatari sovereign fund.
The UK telecoms group, whose largest owners are CPPIB, Macquarie and IFM, is in the process of shedding assets to refocus on its infrastructure business.
The Wellington-based vehicle, which is investing in the project alongside a super fund, expects more such assets to come to market in the near future.
The $300m merger will result in the formation of one of the largest urban and infrastructure consultancies in Asia.
The Canadian utility serving Ontario is holding its second large-scale renewables procurement programme after awarding 455MW of contracts earlier this year.
The $50m project award comes a day after the Madrid-based developer said it will focus on businesses and geographies in which it has a proven competitive advantage.
.jpg "Tesla acquires SolarCity for $2.6bn")
Elon Musk’s Tesla Motors has bought one of the largest US solar providers to combine it with its energy storage and battery-powered car business.
The New York-listed company will merge with a rival in a transaction backed by its founder and Chinese investment firms.
The Fiji National Provident Fund has made its maiden investment in the region by committing $50m to the IFC Asset Management-run vehicle.
The Connecticut-based firm has agreed to buy two gas-generating facilities in Pennsylvania in a deal that is expected to close in Q4.
The approval clears the way for an immediate €150m cash injection, enabling the Spanish company to resume ‘a normal pace of operations’ under the direction of its newly appointed board and chairman.
With 10 infrastructure initiatives in the pipeline for 2016-2018, the country offers an abundance of PPP opportunities for companies across the world, says Mauricio Munguia, Latin America desk head at Santander.
Having sealed a June first investment from its new European vehicle, the firm expects to hit its €700m target the fund’s debut series in the autumn.