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The Bureau of Ocean Energy Management (BOEM) has given Atlantic Shores Offshore Wind a Record of Decision (RoD) for its 2 projects totalling 2.8GW off the coast of New Jersey. This approval marks the ninth offshore wind farm approved by the Biden-Harris administration.
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The tax equity market was changed forever with the introduction of the Inflation Reduction Act (IRA). As the last of the guidelines for these renewables tax breaks – specifically transferability rules – are ironed out the market has already found innovative ways to take advantage of the new regime.
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NextDecade has issued $1.115 billion in senior secured notes in a private placement to fund outstanding borrowings and commitments for its Rio Grande LNG facility.
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The Bureau of Ocean Energy Management (BOEM) has announced the date of the first Central Atlantic offshore wind lease sale, which could total 6.3GW of generated capacity.
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Eletrobras and pulp and paper manufacturer Suzano have signed a memorandum of understanding to develop green hydrogen and synthetic fuels initiatives in Brazil.
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Great Bay Renewables, jointly controlled by Altius Renewable Royalties and Apollo-managed funds, has signed a $30 million royalty investment with solar developer Nokomis Energy.
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Renewable developer Genneia raised $60 million in green bonds to support the development of renewable projects in Argentina.
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Ethanol and sugar producer Copersucar has signed a memorandum of understanding with Geo bio gas&carbon for the production of sustainable aviation fuel in Brazil.
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