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Sonnedix surpasses 800MW capacity in Italy with five renewable project acquisitions and entry into battery storage: on track for 1GW by year end
Sonnedix, a global renewable energy company with over 4GW of operating capacity, has expanded its Italian portfolio with the acquisition of five new projects in Sicily and Lazio, adding a combined capacity of 226MW. These acquisitions mark a significant milestone in Sonnedix’s growth trajectory in Italy, where the company’s operating capacity now exceeds 800MW. With…
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Ignitis Group and Vilnius University Strengthen Collaboration to Drive AI Innovation in Energy
Ignitis Group has signed a collaboration agreement with Vilnius University (VU), marking the start of a partnership focused on innovation and the application of artificial intelligence in the energy sector. At the core of this cooperation is the Faculty of Mathematics and Informatics (MIF), which brings strong expertise in AI, machine learning, and data analytics.…
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Environment Minister Thekla Walker Opens Energy Park in Gundelsheim, Germany
Gundelsheim. A microcosm of the future energy system is taking shape in the district of Heilbronn – and the first part is already up and running. The CEO of EnBW, Georg Stamatelopoulos, opened the solar park in Gundelsheim today alongside Thekla Walker, Baden-Württemberg’s Environment Minister. The photovoltaic power plant has an installed capacity of 58…
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La Caisse to acquire Edify, a leading Australian renewable energy and battery storage company
Edify Energy, a leading Australian renewable energy and battery storage company, and global investment group La Caisse (formerly CDPQ), today announced that binding agreements have been entered into under which La Caisse will acquire Edify and support its next phase of growth. Once completed, the transaction, together with further equity capital funding, is expected to…
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145 MW Stelpe Solar Farm in Latvia Reaches Full Commercial Operations
The 72.5 megawatt (MW) Stelpe solar farm II, developed in Latvia by Ignitis Renewables, an international green energy company, has reached the commercial operation date. The project is located in the southern part of Latvia, Bauska municipality. The solar farm, which covers 85 hectares, is equipped with 121 thousand solar panels. The investments in the…
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A&O Shearman leads Sonnedix through EUR1.37 billion refinancing of European solar asset
A&O Shearman advised global renewable energy producer Sonnedix on its second major refinancing transaction, valued at EUR1.37bn. This deal covers a portfolio of 1,040MW of both existing and new solar photovoltaic (PV) assets across France, Italy, Poland, and Spain. Building on a previous refinancing completed in December 2024, this latest transaction consolidates a dozen separate project…
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DLA Piper advises Rabobank and Siemens Financial Services on Irish solar and BESS portfolio financing for NTR
NTR completes on an initial €65 Million Financing Deal with Rabobank and Siemens Financial Services Funding will enable the construction phase of Irish ready-to-build solar and BESS co-location portfolio for the L&G NTR Clean Power (Europe) III Fund. DLA Piper has advised Rabobank and Siemens Financial Services on the financing of Monvallet, a ready to…
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Iberdrola sells its business in Hungary for a total consideration of €171 million
Iberdrola has reached an agreement to sell 100% of the shares of Iberdrola Renovables Magyarország KFT, which owns its business in Hungary, to a consortium formed by Premier Energy – who previously acquired the company’s assets in Romania in 2024 – and to the Hungarian group iG TECH CC. Through this transaction, the Group will receive €171.2…
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Enery Completes Growth Facility with Rivage Investment and Kommunalkredit
Enery, a leading green independent power producer in the CEE region, is pleased to announce the successful placement of a medium-term growth facility with Rivage Investment and Kommunalkredit Austria AG. The facility proceeds will be directed towards the implementation of Enery’s near-term greenfield and M&A pipeline of solar PV, onshore wind, hydro, and BESS projects…
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Moldova increases RES capacities
The Government of Moldova reconfirmed today the intention to promote the use of energy from renewable sources by extending the application period and increasing the capacities allocated to support mechanisms. The Cabinet of Ministers approved the draft decision on capacity limits, maximum quotas and capacity categories in the field of electricity from renewable sources, valid…
