The €150m transaction, which comes two years after Amundi Transition Energétique was launched, is likely to be followed by investments in renewables and energy efficiency projects.
Tag Archives | Debt
The US firm has secured long-term debt from ING two months after closing its European renewable energy fund.
Earlier this summer, the German firm closed its third renewables fund on €170m and acquired two solar projects from Conergy.
Yet Chinese green bonds are not always what they say on the tin, with ‘clean-coal’ projects allowed to be financed under the initiative.
The rooftop solar provider targeted by SunEdison’s botched takeover deal in March also took out a $200m loan earlier this year.
The Canadian pension is already one of the largest equity investors in the North American wind sector.
The news comes as the bankrupt renewables firm continues to shed assets, with a 600MW wind project going to Pattern Energy last week.
The UK pension platform has helped refinance a rooftop solar portfolio in England and Wales shortly after reaching a first close on the £1bn vehicle.
Following regulatory changes, the owners of the 100MW Andasol 1 and 2 have gone ahead with rejigging the project’s original €500m debt and equity package.
The semi-open-ended vehicle, targeting UK defined benefit schemes, is aiming for a 5% net annual yield through investments in infrastructure debt, renewable energy, and other alternatives.