Greenko Energy Holdings has raised equity financing of Rs10.08bn ($154.02m) from Singapore-based GIC Private ($124m) and Dubai-based Abu Dhabi Investment Authority ($31.1m).
Greenko intends to use proceeds to expand its clean energy portfolio and develop new renewable energy projects, as well as expand existing ones.
ORIX USA has reached an agreement with IGS Solar for developing and operating commercial and industrial solar energy generation products.
The agreement will enable ORIX to increase its renewable energy assets in the US.
In addition, the partnership will initially invest in a group of assets comprising 13 solar energy products across seven states.
EnergyPro Analytics has entered a joint venture (JV) with Galetech Energy Services to form a new company called EnergyPro Asset Management, which will develop wind energy operations.
The new JV will be owned equally by EnergyPro Analytics and Galetech Energy Services. It will have offices at Athy, County Kildare, Stradone, County Cavan, and in the Airport East Business Park in Cork.
EnergyPro Asset Management will initially have a contract roster of 180MW of wind turbines apart from managing assets of customers including windfarm owners and multi-national institutional investors.
Arab Petroleum Investments Corporation (APICORP) has announced plans to acquire 8% effective stake in ACWA Power International’s 850MW Shuqaiq Independent Water & Power Project (Shuqaiq IWPP) through an acquisition of a 13.33% stake in the project owner Shuqaiq International Water Company (SIWEC).
Both the parties involved in the transaction are based in Saudi Arabia.
APICORP is a commercially-focused financial institution, while ACWA Power International is a developer, owner, and operator of independent power generation & water desalination plants.
Located on the western shores of Saudi Arabia, the Shuqaiq IWPP was commissioned in 2011.
GSSG Solar has reached an agreement to acquire mega-solar projects with a total installed capacity of 350MW in Japan.
The company has also announced plans to invest more than $120m in Japanese mega-solar plants, with a long-term investment plan of $1bn over a three-year period.
GSSG Solar is a solar energy company based in San Francisco, US.