Starwood Energy Group Global has agreed to acquire four coal fired power plants in the US with a combined installed capacity of 1.2GW.

The company received financing for the acquisition from Ares EIF Management, an infrastructure investment company.

Based in the US, Starwood Energy Group Global is a private investment business.

Ningxia Jiaze Renewables Corporation has agreed to invest CNY700m ($106.08m) for the construction and development of the 100MW Jiaojiapu windpower project in Ningxia, China.

Ningxia Jiaze Renewables is a renewable energy company.

Maharashtra State Electricity Distribution (MSEDCL) has agreed to raise gross proceeds of Rs16bn ($247.62m) by issuing bonds in a public offering.

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

The company proposes to issue bonds under the Ujwal DISCOM Assurance Yojana (UDAY) programme.

“TerraForm Power Operating plans to raise gross proceeds of $500m in a private placement of 4.25% senior notes due 2023.”

Based in India, MSEDCL is a power distribution company and a subsidiary of M.S.E.B. Holding. It intends to use the proceeds raised to clear debts.

Andalas Energy and Power has agreed to raise £0.5m ($0.67m) in gross proceeds by issuing 1,277,139,208 new ordinary shares, priced at £0.003915 ($0.0052) a share, in a private placement.

Based in the UK, Andalas Energy is a power generation company that intends to use the proceeds to advance its current projects.

The placement was led by 1798 Volantis Fund, which subscribed for 1,277,139,208 shares to gain 21.33% control of Andalas Energy’s enlarged share capital.

TerraForm Power Operating plans to raise gross proceeds of $500m in a private placement of 4.25% senior notes due 2023.

To be subscribed to by qualified institutional buyers in the US, the notes are proposed to be issued at an initial offering price of 100% of the principal amount.

In addition, the company also plans to raise $700m by placing 5% senior notes due 2028.

The company intends to use the proceeds raised to redeem $950m senior notes due in 2023 and to clear outstanding debts.

TerraForm Power Operating is engaged in solar and wind power generation business.

Power Technology Excellence Awards - Have you nominated?

Nominations are now open for the prestigious Power Technology Excellence Awards - one of the industry's most recognised programmes celebrating innovation, leadership, and impact. This is your chance to showcase your achievements, highlight industry advancements, and gain global recognition. Don't miss the opportunity to be honoured among the best - submit your nomination today!

Nominate Now