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  • If you think getting financing for a contracted $1.1 billion gas-fired plant is rough, how about an EUR400 billion ($555 billion) solar project in North Africa?
  • Americas
  • Solar developer SunEdison is planning to approach lenders for $10-50 million in financing backing solar projects across the U.S.
  • Lenders worried about their own capitalization continue to offer wider spreads and shorter terms on loans or straight mini-perms on some renewable energy projects.
  • The U.S. Department of Energy is planning to rapidly deploy $8.5 billion in additional funding allocated for renewable energy, said David Frantz, director for the DOE Title XVII Innovative Loan Guarantee Program.
  • Conduit Capital Partners is planning to finance a 60 MW diesel-fired expansion of its 125 Old Harbour Bay plant in Jamaica with a combination of debt and equity.
  • Credit Suisse has beat out more than seven lenders for the advisory role on the $3 billion financing of El Paso's Ruby pipeline.
  • Photovoltaic company Solyndra expects to have a check in hand from the U.S. Department of the Treasury's Federal Finance Bank within the next two months.
  • The Chicago Climate Exchange has signed an agreement with the Korea Power Exchange and the Korea Energy Management Corp. to collaborate on creating emissions trading in Korea to promote low carbon growth.
  • First Sustainable is talking to pension funds, insurance companies and other private investors to fund $3 billion of solar projects in Europe through master purchase agreements and subsequent securitizations.