Macquarie Asset Management and Sol Systems invest $85m in solar energy projects in Illinois and Ohio

Macquarie Asset Management and Sol Systems invest $85m in solar energy projects in Illinois and Ohio

Macquarie Asset Management and Sol Systems have jointly announced a substantial $85 million debt investment to support the construction and operation of five utility-scale solar projects across Illinois and Ohio. This investment signifies the initial phase of a larger collaboration aimed at enhancing renewable energy infrastructure in the United States. Strategic Investment in Renewable Energy […]

Ørsted secures $680m investment from J.P. Morgan for solar and storage projects

Ørsted secures $680m investment from J.P. Morgan for solar and storage projects

Ørsted, a leader in the clean energy sector, has announced a significant $680 million tax equity financing from J.P. Morgan. This investment will support a substantial portfolio of solar and energy storage assets in Texas and Arizona, marking one of the largest solar and storage tax equity transactions since the Inflation Reduction Act (IRA) was […]

NextEnergy Solar Fund secures extension of £70m revolving credit facility with improved terms

NextEnergy Solar Fund secures extension of £70m revolving credit facility with improved terms

NextEnergy Solar Fund, a leading investor in solar energy and energy storage, has successfully extended its £70 million short-term Revolving Credit Facility (RCF) with Santander, originally set to expire in June 2024. This extension now prolongs the facility’s availability until June 2025, featuring improved financial terms, indicating a robust confidence from financial partners in the […]

CI Renewables partners with NJR Clean Energy Ventures for solar power projects in Mid-Atlantic

CI Renewables partners with NJR Clean Energy Ventures for solar power projects in Mid-Atlantic

In a significant development for the renewable energy sector in the United States, CI Renewables LLC (“CI”), a distinguished independent developer and owner of large-scale commercial and industrial solar power facilities, has announced its collaboration with NJR Clean Energy Ventures (CEV), the renewable energy subsidiary of New Jersey Resources (NYSE: NJR). This partnership is set […]