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Aquila heads to public markets for new €300m renewables fund

While the German firm has invested in renewables through private funds, it’s seeking to attract a ‘new and additional investor audience’ through its new listed vehicle.

Finnish pension trio to plug €300m into renewables platform

New company has already deployed €90m, acquiring three operational wind farms with a combined capacity of 63MW.

Unfazed by legal action, TransAlta investors elect management’s preferred board

Shareholders in TransAlta Corporation have backed its management by electing its preferred board of directors. The vote took place after an investor brought a legal challenge to the company’s C$750 million ($557.5 million; €838.8 million) deal with Brookfield Asset Management. TransAlta, one of Canada’s largest power producers, issued a statement on 26 April in which […]

Former Ørsted CEO to head up Macquarie wind strategy

Samuel Leupold joins Green Investment Group after five years at the helm of the Danish firm, which he left in February 2018.

Deal with Duke gives John Hancock renewables exposure

US power producer Duke Energy has sold a minority stake in its renewables portfolio to an infrastructure fund owned by Canadian insurance giant Manulife Finance Corporation. According to a statement released by Duke, John Hancock Investments, Manulife’s US capital management division, purchased a 49 percent stake in 37 operating wind, solar and battery storage assets […]

New York State opens doors to $1bn of renewables investment

Administration’s third solicitation is smaller than the previous two, which awarded $2.9bn in contracts and resulted in $7bn of investment in clean energy.

Sparx closes greenfield renewables fund on ¥31.6bn – exclusive

Backed by Chubu Electric, Toyota, Mizuho Bank and Sumitomo Mitsui Banking Corporation, the new fund exceeded its original ¥30bn target and has already invested in a solar project in Japan.
Wind power

WSIB turns $500m Geronimo commitment into partnership with National Grid

The Washington State Investment Board has restructured $500 million originally committed to the Geronimo Renewable Infrastructure Partners fund into a co-investment partnership with the UK’s National Grid. According to a document published on WSIB’s website published online, the US pension announced the allocation shift this week. It comes after the UK utility bought out the […]

Carlyle picks Goldman alum to head renewables group

The Carlyle Group has hired a Goldman Sachs clean energy specialist to lead the firm’s Renewable and Sustainable Energy Platform. Pooja Goyal left a 17-year career at the investment bank to become a partner in a division of Carlyle that the Washington, DC-based firm says is poised for growth. In a statement, Carlyle co-chief executive […]

Palisade looks to Japan again for debt refinancing on South Australia wind farm

The Sydney-based fund manager does its second deal in recent months with Japanese lenders to refinance one of its wind farms.
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