Clime Capital’s Post

With publication of our December 2023 deals still pending (usually released at the middle of the next month), I discovered that one of the December deals made it to the November disclosure list actually. So a little glance on why I was absent from LinkedIn during the last month: BECIS SEA Pte Ltd Energy as a Service provider across Asia FMO signed a USD 50 mln loan with BECIS to fund fund commercial and industrial (C&I) solar projects in India and South-East Asia. This will create distributed clean energy infrastructure for high quality corporate customers as well as local employment and allow to save on energy costs. As a leading Energy as a Service (EaaS) provider, BECIS believes that decarbonization, decentralization, and digitalisation of energy are the keys to enabling companies to achieving sustainable operations. FMO is funding this project as there is limited commercial long-term funding available for C&I solar projects in India and South-East Asia. As such, the loan facility will enable BECIS to scale its portfolio until commercial debt funding can be attracted.

🌞 Globeleq Empowers South African Solar Plants with $37 Million Restructuring 🌍 Exciting news in the renewable energy sector! Globeleq, a leading independent power company in Africa, has successfully completed a senior debt restructuring of its Aries and Konkoonsies Solar Plants in South Africa, totaling 22MW. The $37 million restructuring, led by Standard Bank Limited, is a pivotal move to enhance efficiency, reduce electricity costs, and drive community and shareholder benefits. 🔧 Financial Efficiency and Cost Reduction: By restructuring the financing terms, Globeleq aims to lower the cost of debt, resulting in a significant reduction in wholesale electricity prices from both plants. This forward-thinking move is expected to cut approximately ZAR129 million from the remaining ten years of the power purchase agreement. 💡 Community and Shareholder Benefits: The efficient capital structure created by the restructuring enables the release of funds for shareholders to reinvest in the power sector. Importantly, it accelerates equity distributions to the Aries and Konkoonsies communities and Black Economic Empowerment (BEE) shareholders, fostering sustainable growth and community development. 🌐 Globeleq's Commitment to Renewable Power: Globeleq's CEO, Mike Scholey, emphasizes the broader impact on Eskom and South African consumers. This move aligns with the company's commitment to long-term production of cost-effective renewable power, contributing to the nation's energy goals and encouraging further investment in the renewable energy sector. 🌱 Sustainable Operations and Maintenance: Globeleq's management of Aries and Konkoonsies since May 2021 has showcased exceptional operational performance, with an average availability exceeding 99%. This underscores their dedication to efficient and sustainable operations in the renewable energy landscape. 🌍 Standard Bank's Commitment: Sherrill Byrne, Executive Energy and Infrastructure Finance of Standard Bank, expresses the bank's commitment to being a leading player in South Africa's energy sector. The partnership with Globeleq demonstrates a shared vision of fostering positive change in the energy landscape. 🚀 Driving Renewable Energy Transformation: This restructuring marks another significant step in Globeleq's journey, contributing to the transformation of South Africa's energy landscape. As the world moves towards sustainable energy, such initiatives play a crucial role in realizing a cleaner and greener future. Soil Solutions Intelligent Renewable Solutions https://lnkd.in/dXAQ_v8S #renewableenergy #solarpower #energytransition #sustainability #cleanenergyfuture #greenenergy #sustainableenergy #solarplant #energyefficiency #communitydevelopment #positivechange

It's fascinating to watch as the private sector steps in to fill the gap in funding critical infrastructure investments around the globe. Private funding of infrastructure, however, is nothing new. Americas railway infrastructure in the 1980s was largely funded by private investors from the US and Europe. But institutional investors around the globe as well as, increasingly, individual investors, have really stepped up to fill funding gaps that no longer can be fully met by the overburdened (and some would argue, under taxed) public sector.

Right timing for quick-hand investors in our country fast growing renewable energy sector with timely deregulation from the government to promote more investment in this trendy and lucarative sector/industry

FMO, British International Investment back BECIS with $50m loan for Southeast Asia renewables British International Investment (BII), the UK's development finance institution and impact investor, and FMO - Dutch entrepreneurial development bank, the Dutch entrepreneurial development bank, announced a joint loan commitment of US$50 million to BECIS - Commercial Industrial Solutions, a leading energy-as-a-service (EaaS) provider in Southeast Asia. BECIS offers a wide array of services, such as rooftop solar, bio energy and energy efficiency solutions, tailored to meet the diverse needs of businesses and communities across Asia. FMO said in a statement on ... ... read complete story at https://lnkd.in/gZjgPHm5 #renewablenewsasia #renewables #renewableenergy #renewablefinancing #renewablesfinancing #renewable #energy #britishinternationalinvestment #fmo #becis #petromindo

Aira has successfully raised €145 million in a Series B financing round, led by investors such as Altor Equity Partners, Kinnevik, and Temasek. The funding, initially targeted at €85 million, will support Aira’s mission to accelerate the electrification of residential heating in Europe, aiming to reduce energy bills, drive decarbonization, and decrease dependency on natural gas imports Aira also plans to introduce an affordable monthly payment model and expand its clean energy-tech portfolio to include products like solar panels, battery storage, and electricity tariffs. #climatetech #climateaction #climatechange #affordableheating #electricalheating #solarenergy #solarpanels #batterystorage #climatetechfunding #climatetechinvestment #climatetechinvesting

US private equity company KKR is holding 31% of the shares in Encavis AG a week after a consortium led by the investment firm offered EUR 2.8 billion (USD 3.05bn) to acquire the German wind and solar parks operator. According to a regulatory filing published on Wednesday, funds managed by KKR secured 49.9 million voting rights in Encavis, corresponding to 31%. The German renewable energy company disclosed earlier in March that a consortium led by KKR intends to propose EUR 17.50 per share to buy Encavis. Viessmann a German manufacturer of heating and refrigeration systems, will participate as a co-investor in the group. According to the statement made at the time, several Encavis shareholders led by ABACON CAPITAL have agreed to sell a combined stake of 31%, while partly reinvesting in KKR’s bidding entity, Elbe Bid Co. Eventually, KKR plans to delist Encavis #greenhydrogen #energy #energia #energie #hydrogeneurope #nh3 #industrialclusters #energytransition #sdgs2030 #europeancommission #energialimpia #esg #hidrogenoverde #afrique #cleanenergy #industria #unido #decarbonization #emissionsreduction #descarbonizacion #electrolysis #electrolyzer #electrolyser #pem #soec #ev #electrification #electricvehicles #fcev #bev #soe #aem #cathode #anode #h2 #oxygen #greenelectricity #water #energy #renewableenergy #greenhydrogen #idrogenoverde #hydrogènevert #hydrogenenergy #hydrogenstrategy #hidrogenioverde #hidrogenoverde #hidrógeno #hidrogenio #wasserstoff #wasserstoff #onshorewind #solarenergy #hydroenergy #ifc #afc #H2Med #irena #h2lligence #decarbonize #renewableenergy #canaldesuez #iea #sokhna #sfe #afriquedusud #afriquedelouest #egypthydrogen #emethanol #hydrogènevert #hydrogène #windenergie #hydrogenenergy #hydrogenfuel #hidrogenoverde #hidrógeno #hidrogenioverde #idrogenoverde #idrogeno #hidrojen #windpower #windenergy #menaregion #hydrogenfuelcell #giz #ifc #iea #ebrd #eib #waterstof #greenfuel #greenammonia #ebrd #maersk #greenmethanol #irena #saf #greenfertilizers #greenfertilisers #greenfuel #greenmethanol #egypt  #world_bank #un #greensteel #greenfert #suezcanal #redsea #greenbunkering #bunkering #ccus #ccs #carboncredits #carbonfootprint #carbonneutrality #carbononeutral #maritimeindustry #VesselEmissions #shippingindustry #maritimetransport #emethanol #decarbonisation #aviation #trasporti #transportation #bluehydrogen #lngindustry #naturalgas #lngshipping #energy #indistry #manufacturing #waste #transportation #agriculture #fossilfuels #greenhousegas #ghgemissions #carbonemissions #emissions #mitigation #climatechange #climateaction #environment #environmental #carbondioxide #carbondioxideremoval #aviation  Osama Fawzy Georgy HENEIN, MBA 

NextEnergy Solar Fund (NESF) was delighted to have been featured within the London Stock Exchange's Green Economy Mark Report 2024. The feature highlights NESF’s achievements over the past decade, emphasising the importance of investment in solar energy while showcasing the role of funds like NESF in driving the transition to a clean energy future and providing attractive, reliable returns for shareholders. Read the feature below, or feel free to download the full report from the London Stock Exchange website: https://lnkd.in/ezgDz6dQ | #greeneconomy | #investinthefuture | #LSE | #greeneconomymark | #sustainableinvesting | #cleanenergy | #solarenergy | #nextisnow |

GeoPura, a global leader in zero-emission energy solutions, has successfully closed its inaugural debt funding round, raising £22 million. This groundbreaking financing marks the first major asset-backed debt funding announcement by a green hydrogen company in the UK. The capital will be used to fund the manufacture and deployment of over 3,600 Hydrogen Power Units (HPUs) by 2033, contributing to the nation’s transition to renewable energy. This debt raise comes on the heels of significant investment momentum for GeoPura. In February 2024, the company secured £56 million in investment, following a £36 million Series A funding round in February 2023. Key investors such as Siemens Energy, General Motors Ventures LLC, Barclays Investment Bank Sustainable Impact Capital (SIC), SWEN Capital Partners, and the UK Infrastructure Bank have supported the company, with a total of £114 million raised over the last two years. https://lnkd.in/d2dpmarT #greenh2 #greenhydrogen #greenuk #greenfuture

Mirova Acquires #SolarProject with Storage Potential on Spanish Island French sustainable investment manager Mirova, an affiliate of Natixis Investment Managers, has #acquired a solar project of nearly 60 MWp plus potential additional up to 30 MW/120 MWh of storage in the Balearic Islands, #Spain. #storage #acqusition #capacity #emmission https://lnkd.in/dSsgY2Pz