finance

Specialist clean energy investor Octopus Renewables has won a £150 million corporate pensions mandate from a large UK-based institutional investor.

Power price volatility helped provide positive momentum for Foresight Group Holdings’s portfolio of assets in the six months to 30 September.

Pacific Green Technologies is to finance the construction of its 99.8MW battery energy storage system with £23 million of debt financing.

All signs point to growing solar installations this year, with up to 191GW expected to be deployed, but reaching that figure won’t be without its challenges as procurement remains subject to shipping constraints and higher costs, the September 2021 episode of the Solar Media Podcast hears.

Gresham House Energy Storage Fund has seen the EBITDA generated by its portfolio soar to £22.4 million in the first half of this year, jumping from £4.5 million in H1 2020.

Rebounding power prices have driven Foresight Solar Fund’s results in the first half of 2021, with its net asset value jumping to £596.4 million.

A total of £265 million has been set aside for the Contracts for Difference (CfD) scheme, the Department for Business, Energy and Industrial Strategy (BEIS) has today (13 September) revealed.

Evolution Power – a new entrant to the UK renewables market – has partnered Finnish sustainable investment group Korkia to fund an initial 1GW pipeline.

The Renewables Infrastructure Group (TRIG) has announced the issue of new ordinary shares to repay amounts drawn under it Revolving Credit Facility (RCF) and meet near-term funding requirements.

Elgin Energy expects to accelerate the deployment of a significant portion of its utility-scale solar portfolio thanks to a new financing deal with German bank Berenberg.