Apple has partnered with Akamai, Etsy, and Swiss Re to develop a 125MW wind farm near Chicago and a 165MW solar photovoltaic (PV) project outside Fredericksburg, Virginia, US.
The new energy projects are expected to add 290MW to the PJM electric grid, which serves Virginia, Illinois, Pennsylvania, New Jersey, and Maryland in the eastern US.
3Degrees will provide technical assistance to the group in the project development.
A majority shareholder of GrafTech International has agreed to issue 20 million shares of the company in a public offering.
The shareholder is an affiliate of Brookfield Business Partners, a publicly listed business services and an industrial company of Brookfield Asset Management.
J.P. Morgan Securities and Credit Suisse Securities (USA) are serving as joint lead book-running managers and representatives of the underwriters for the transaction.
Based in the US, GrafTech International is engaged in manufacturing graphite electrode products and provides renewable energy services.
Seamade NV has secured project financing from the European Investment Bank (EIB) for developing the 488MW Seamade offshore wind farm in the Belgian North Sea.
Seamade NV is a joint venture between Otary (70%), Electrabel (17.5%) and Eneco Wind Belgium (12.5%).
ENGIE Electrabel is engaged in energy supply, while Otary is a subsidiary of Belgium-based DEME Group specialising in the fields of dredging, marine engineering and environmental remediation.
Eneco Wind Belgium is focused on developing and operating power generation facilities based on renewable energy sources and wind energy in Belgium.
All the companies involved in the transaction are based in Belgium.
Solar Alliance Energy plans to raise C$0.08m ($0.06m) in a non-brokered private placement of 1.52 million units priced at C$0.05 ($0.04) a unit.
Each unit will comprise one common share and one share purchase warrant, which will entitle the holder to purchase an additional share for C$0.08 within 36 months from the issue date.
The proceeds of the offering will be used for meeting the company’s working capital needs.
Based in Canada, Solar Alliance Energy is engaged in providing energy solutions to residential, commercial, and industrial solar installations.
Mitsui & Co has reached an agreement to acquire a 50% stake in Yushan Energy Taiwan.
Mitsui will gain a 20% interest in the 1.04GW Hai Long offshore wind development project in Taiwan, in which Yushan Energy holds a40% stake. Northland Power holds the remaining stake in the project.
Mitsui is a Japanese trading company, while Taiwan-based Yushan Energy is engaged in renewable energy development.