The French bank’s revolving credit facility will allow ReNew Financial to provide property-assessed clean energy loans for up to 7,000 homes.
The French developer is hoping to use the extra funds, some of which will come from development financier Proparco, to help it reach its goal of 1GW of installed capacity by 2019.
The deal, which concludes an auction launched by SSE, will see the sovereign wealth fund take a 16.7% stake in Scotia Gas Networks.
The Auckland-based fund will now look to invest more in renewables, energy efficiency and ‘transformational’ infrastructure.
The Australian super fund said in August that it was aiming to deploy about A$1bn through direct investments in infrastructure.
The US firm has secured long-term debt from ING two months after closing its European renewable energy fund.
Recent request for expression of interest
IFC-backed Azure, which is currently working on developing 19MW of rooftop solar across the country, has raised $136m.
The Sydney-based fund manager has made its second investment in Australian social infrastructure within a month.
Global investors have had their eyes on the innovative structure used to fund London’s £4.2bn ‘super-sewer’. But with Thames Tideway Tunnel now in the sights of the UK’s spending watchdog, we investigate whether investors should be worried.
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The Australian firm's debt chief argues such an investment is not subject to economic booms and busts like other types of debt.
Recent people move
A Silicon Valley giant innovates by agreeing to split the power produced at a Dutch wind farm with three domestic businesses.
The deal, which is said to be worth just under €1.6bn, will be funded by the Australian firm’s recently closed fifth European vehicle.
Recent mishaps have not been in vain: secondaries is an evolving industry and it is learning from its early missteps. We take stock of what we know so far in three bullet points.