The Asian Development Bank suggests developing Asia can reap at least $2 for every $1 it invests in low-carbon infrastructure.
Recent allocation change
The French bank has helped developer Eurowind refinance three wind farms in Italy with a total capacity of 80MW.
For years, US offshore wind was characterised by the failure of the Cape Wind project. But now investors are talking about the success of Block Island and what comes next, finds Jordan Stutts.
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Bruno Le Saint has been appointed to head the global finance division which includes infrastructure-related departments.
The deal comprises the purchase of 37MW of greenfield assets and rights to acquire an additional 165MW of solar projects from a German developer.
Recent memorandum of understanding
The World Bank’s private investment arm has returned to Jordan after financing its first wind and solar projects in the country in 2013 and 2014.
The firm has hired Mainstream Renewable Power’s Barry Lynch to lead its energy operations, one of three hires it made for the unit this month.
The German asset manager has teamed up with Italy’s Snam to acquire Gas Connect Austria from a Vienna-based oil group.
The Canadian institution has agreed to offer intellectual support to China’s economic planners as they seek to shake up the pension sector and attract investment in senior care.
Singapore has been courting Chinese lenders in an effort to help its companies gain an edge in upcoming tenders under Beijing’s ‘One Belt and Road’ scheme.
The San Francisco-based energy company has spent over half of the $239m it raised in a stock offer last month on the 180MW Armow wind farm.
The UK-listed company has surpassed the £25m it planned to raise to help pay for a Scottish wind farm it agreed to purchase last week.
Costs have come down to $1.30 per watt for large-scale projects and $1.90 per watt for off-grid systems, fresh research shows.