Greenfield

Onyx Renewable Partners is building on a previous partnership with RBC Capital Markets to build small-scale solar projects in the US.

The Singapore-based firm will start building a 42MW portfolio of solar projects this year, with a further 337MW of solar in the pipeline under development.

The state has allocated $118m to help fund the strategic asset, in a bid to unlock 2GW of renewable energy schemes in the region.

The manager has bought two utility-scale projects through its latest $1.65bn global renewable power fund.

The manager says the 424MW project will be Mexico’s largest wind farm to date.

The $1.2bn plant, which will be equipped with energy storage when commercially viable, is one of the largest facilities in the country.

The deal follows its $2bn acquisition in April of one of the largest pipeline operators in Texas.

The Japanese insurer has joined Dai-ichi Life in lending to Turkey’s Ikitelli Integrated Health Campus PPP. 

The 144MW project would be one of the first of its kind in the world.

The advisory body says the costs for the Queensland project are ‘likely to exceed its benefits’.