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Glenfarne to Acquire $815M Chilean Solar and Battery Storage Portfolio from METLEN Energy & Metals
METLEN Energy & Metals S.A. (METLEN) has signed a landmark agreement with Glenfarne Asset Company, LLC’s subsidiary for the acquisition of a major solar and battery energy storage system (BESS) portfolio in Chile. The deal underscores METLEN’s global leadership in renewable project development and reflects Glenfarne’s deepening commitment to Chile’s...
Google Expands Renewable Energy Portfolio with Offshore Wind Deal in Taiwan
Google has announced its first offshore wind power purchase agreement (PPA) in Asia. The search engine giant has signed an agreement to purchase renewable energy from a new Taiwanese wind farm. Copenhagen Infrastructure Partners (CIP) is in charge of developing the project. Expanding Google’s Clean Energy Footprint in Taiwan This...
Atlas Renewable Energy Raises $510M for Chile's Largest Hybrid Solar and Storage Project
Atlas Renewable Energy has raised $510 million in funding for its Estepa Project, a massive hybrid solar photovoltaic and battery energy storage system (BESS) in Chile's Antofagasta region. It is the company's largest funding deal to date. The transaction was arranged on strongly competitive terms with the assistance of a...
EIB and Iberdrola Sign €108M Green Loan to Boost Valdecañas Hydro Storage
The European Investment Bank (EIB) has entered into two green loan agreements with Iberdrola for a total of €108 million to finance modernization at the Valdecañas hydroelectric facility in Spain. The package of financing comprises a €50 million loan from EIB's own resources and a further €58 million from the...
