Greenbacker Renewable Energy Company Enters into a Credit Agreement of up to $37,550,000 with Fifth Third Bank.

Greenbacker Renewable Energy Company Enters into a Credit Agreement of up to $37,550,000 with Fifth Third Bank.

Greenbacker Renewable Energy Company LLC announced today that through a wholly-owned subsidiary it entered into a credit agreement of up to $37,550,000 with Fifth Third Bank to support the ongoing expansion of Greenbacker’s investments in solar operating facilities. In addition to an initial term loan of $4,300,000, the Lender has provided a revolving credit facility […]

Mirova finalizes the closing of its third renewable energy fund, with 350M€ commitment.

Mirova finalizes the closing of its third renewable energy fund, with 350M€ commitment.

Mirova, Natixis Asset Management’ responsible investment manager, announced the final closing of its renewable energy fund Mirova-Eurofideme 3, with 350M€ commitment, well above its 200M€ initial target. The fundraising has benefited from support by both existing and new institutional investors from several European countries, including the European Investment Bank which invested 40M€. Mirova-Eurofideme 3 has […]

Could outages be a thing of the past for 400 Penetanguishene hydro users?

Could outages be a thing of the past for 400 Penetanguishene hydro users?

PowerStream, in partnership with the Korea Electric Power Corporation (KEPCO), officially launched a utility-scaled Microgrid, which has the capacity to provide several hours of backup power supply for approximately 400 customers residing or owning a business in Penetanguishene. This Microgrid is also helping to reinforce the existing grid by increasing resiliency and operational flexibility. At […]

Pöyry awarded design services assignment for a HPP in Turkey.

Pöyry awarded design services assignment for a HPP in Turkey.

Kalehan Genç Enerji Üretim A.S. has awarded Pöyry the detailed design services assignment for the Lower Kaleköy Hydroelectric Power Plant and Dam in Turkey. The assignment includes the execution of the detail design for the civil engineering of the powerhouse, and structural reviews, including the roller-compacted concrete (RCC) dam, power intake and penstocks, piano-key weir […]

PEDO meeting told 6 hydropower projects advertised.

PEDO meeting told 6 hydropower projects advertised.

Former chairman of Water and Power Development Authority (Wapda) Shakeel Durrani has said that maximum hydel resources are being utilized in Khyber Pakhtunkhwa to pull the country out of current energy crisis. He was chairing the 13th meeting of the Board of Directors (BoD) of the Pakhtunkhwa Energy Development Organisation (PEDO). Secretary Energy and Power […]

InfraCo Asia to develop HPPS in the Philippines with Alternergy.

InfraCo Asia to develop HPPS in the Philippines with Alternergy.

InfraCo Asia enters Joint Investment and Development Agreement with Alternergy for Philippines Hydro Power Projects. InfraCo Asia Development Pte. Ltd. (IAD) is pleased to announce that on Thursday 28 April 2016 it entered into a Joint Investment and Development Agreement (JIDA) and a Convertible Loan Agreement (CLA) with Alternergy Hydro Partners Corporation (AHPC), a developer […]

Groundbreaking for SHPP ‘Alte Bleiche’ on Voith factory premises.

Groundbreaking for SHPP ‘Alte Bleiche’ on Voith factory premises.

Groundbreaking for small hydropower plant ‘Alte Bleiche’ on Voith factory premises Heidenheim. 29/04/2016 — The technology Group Voith is building a small hydropower plant on its factory premises in Heidenheim, which will serve as a demonstration hydro power plant for customers, employees and the interested public. It will use an innovative concept to generate electricity […]

Moody’s affirms EPM’s Baa3 rating; outlook remains positive.

Moody’s affirms EPM’s Baa3 rating; outlook remains positive.

New York, April 18, 2016 — Moody’s Investors Service (Moody’s) affirmed today the Baa3 Issuer and senior unsecured ratings of Empresas Publicas de Medellin S.A. E.S.P. (EPM). The outlook remains positive. RATINGS RATIONALE “Today’s rating action is largely prompted by Moody’s assessment of EPM’s satisfactory liquidity profile” said Natividad Martel, Moody’s Vice-President – Senior Analyst. […]

Veo concludes largest hydropower agreement in its history.

Veo concludes largest hydropower agreement in its history.

Finnish cleantech company Veo has had operations in Norway for 25 years. Veo, a Finnish energy technology company, has concluded a significant framework agreement with the Norwegian company Eidsiva Vannkraft on electrification and automation systems for the Eidsiva hydropower plant. This is the largest agreement Veo has ever made in its hydropower operations. Eidsiva is […]

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