The average price per renewables contract awarded in the country’s second auction was $33.47MWh, down 30 percent from its first auction in March.
The US solar provider, planning to merge with Tesla Motors, is partnering with Citi to invest in US solar projects and has promoted Radford Small to CFO.
Recent fund commitment
Three of the country’s largest conglomerates say they are interested in redeveloping the Philippines’ primary airport.
The Australian fund manager has added two members – Asieh Mansour and Graham Dooley – to its global unlisted infrastructure investments team.
New investment division
The Manila-based lender will provide $1.5bn to support a railway project in its biggest investment in the country to date.
The Goldman Sachs-backed firm is co-developing a rooftop solar portfolio with Toshiba Mitsubishi Electric.
GE agreed in May to help the country develop its wind resources, and Mainstream seeks to expand its emerging market investments into Asia.
After acquiring a company with rights to bid on an offshore wind farm in Massachusetts, the Danish fund manager agreed to help develop a Canadian project.
The Russian bank is looking to divest the remainder of its stake in Pulkovo after selling part of its initial holding to QIA and a Russian group.
New fund commitment
The investment manager is integrating its infrastructure, real estate, private debt and private equity businesses as it gets clearance from French regulators to raise renewables fund.
The Japanese insurer’s decision to create an alternatives division follows sister company Japan Post Bank’s move last December to establish a private equity division, as part of its efforts to diversify beyond domestic bonds.
Standard Chartered and China Merchants Bank will collaborate to provide financial services, including project financing, for projects under the China-led initiative.