Renalfa’s Post

The EBRD is making significant strides in supporting the development of EV charging infrastructure in Eastern Europe and the Baltic States with their investment in Eldrive. Eldrive already have 900 sites, and are looking to add another 7400 by 2028. This initiative is crucial for accelerating the adoption of electric vehicles in the region. What other great companies are striving for more charging infrastructure across Eastern Europe? #Sustainability #EVCharging #EasternEurope #GreenEnergy #Innovation

Essar Capital's £60million contribution to the local community per annum is a leading example of inward investment in the UK's energy sector. Read this case study that highlights the strategic moves, key milestones, and success factors that have shaped Essar Capital's remarkable growth. #inwardinvestment #renewableenergy #netzero #greenenergy #carboncapture

Copenhagen Infrastructure Partners closed two new #funds at a combined €2 billion ($2.1 billion) to plow #money into producing clean #fuels and #financing #renewables #projects. CIP closed its Advanced Bioenergy Fund I and Green Credit Fund I in what’s been a record year for the Danish #fund #manager, it said in Monday. In July, it reached a €5.6 billion first close on its fifth flagship fund, which it’s seeking to more than double. The funds’ close comes as clean-energy companies face pressure from high-interest #rates and supply chain bottlenecks worldwide. ... Still, trillions of dollars of more #investment is needed as #economies push to hit net-zero targets through things like clean #electrification and green fuel. CIP’s launch of a #private #credit #fund also follows a booming trend in the #debt sector as #investors offer #loans to support #deals and #development projects — often at lower #rates than banks can provide. Todd Gillespie Bloomberg News https://lnkd.in/gHAdMQPP

Danish firm Copenhagen Infrastructure Partners has reached final close for two of its funds, CI Advanced Bioenergy Fund I (CI ABF I) and CI Green Credit Fund I (CI GCF I), with a total of c.€2 billion of investor commitments. Institutional investors, pension funds, life insurance companies, sovereign wealth funds, family offices, asset managers, and corporate investors from across the world came together to invest in CIP’s two new funds. CI ABF I reached a final close at €750 million, while CI GC I closed at c.€1 billion with an additional €200 million in co-investments, hailing from the Nordics, Europe, and Asia Pacific. CIP described 2023 as a ‘record year’ for the firm following the final close of these two new funds, while a first close was also recently held for its flagship fund, CI V, at €5.6 billion. “Reaching this milestone together with a strong group of global LPs allows us to continue identifying new investment opportunities, and work with strong developers on executing the renewable energy build-out,” said Jakob Groot, Partner and co-head of CIP’s credit platform with Partner Nicholas Blach Petersen. “We believe private credit in the renewable energy space is a natural addition to the strong CIP fund portfolio, and it offers our LPs a new and attractive way to deploy capital into the energy transition while leveraging CIP’s strong skills and heritage.” CI ABF I has a remit to invest in projects that produce clean fuels such as renewable natural gas from food waste, agricultural residues and other organic waste streams. CI ABF I has made a final investment decision on one project and has a number of other projects under exclusivity, located in Denmark, The Netherlands, Belgium, and Spain. CI GCF I focuses on providing private project finance debt to renewable energy projects in Europe, North America, and select Asia Pacific regions, including greenfield and brownfield projects. CI GCF I has made three investments to date totalling €236 million. “We are pleased to welcome the new investors in CI ABF I and are delighted that investors generally share our confidence in the market for advanced bioenergy projects,” stated Thomas Dalsgaard, partner in the Advanced Bioenergy Fund. #cleanenergy

Norway-based Scatec secures USD102m capital round #funding. CFM is a leading climate-centric #blended finance fund manager backed by FMO, the Dutch Development Bank, and Sanlam Infraworks, part of the Sanlam Group of South Africa. The company invested in Release via its Climate Investor One (CIO) fund; a blended finance vehicle focused on #renewable energy #infrastructure in emerging markets. As previously #communicated, CFM will contribute USD 55 million in equity for a 32% stake in Release. Release represents Scatec’s innovative approach to distributed generation solar PV and Battery Energy Storage Systems (BESS) for projects #beginning from 5MWp blocks, matching a need for delivering simple and on-demand renewable energy solutions. This #modular solution comprises pre-assembled and containerised movable trackers and storage units. As a leading manufacturer of renewable energy solutions, Scatec is hastening #emerging markets’ access to clean, inexpensive #electricity. As a long-term #participant, we develop, build, own, and run #renewable energy facilities, currently developing and building 4.6 GW of power across four continents. Scatec ASA FMO - Dutch entrepreneurial development bank Terje Pilskog To share your startup story write us on - contact@startuprise.co.uk #scatec #funding #eustartup

With the support of the European Commission through #investeu, Nordic Investment Bank and Pahkakosken Energia are deploying new wind energy resources to green #Finland and the #nordic-#baltic economies. #renewables #greeneconomy #partnership #donorengagement

GIC, Temasek join a global coalition that will invest $25bn in Indo-Pacific. KKR, Global Infrastructure Partners (GIP) and the Indo-Pacific Partnership for Prosperity have formed a coalition to invest $25bn in infrastructure in the Indo-Pacific region, DealStreetAsia reported. Investment would include green data centres in Indonesia, renewable energy in the Philippines, smart metres, and hybrid renewables in India. Private equity firms KKR and GIP will co-chair the initiative, while global investors, including BlackRock, GIC, The Rockefeller Foundation and Temasek, will be a part of the coalition. #MergersAcquisitionsDivestitures #Investments #AsiaPacific

In partnership with SEB and DNB we are thrilled to announce a novel five-year EUR 150M Green Portfolio Financing Facility. This new facility is a paradigm shift within construction financing since it will enable funding to a group of yet-to-be-determined projects — as opposed to the usual, often cumbersome, project-by-project process.   🔹 Key Features: ·      Portfolio Financing for multiple yet unnamed projects ·      Revolving funds for continuous investment ·      Efficient disbursement process for project funding based on pre-defined criteria ·      Risk-spreading structure 🗨️ - It is a privilege to support and work with European Energy, and it is of the highest importance for SEB to facilitate an acceleration of the development and realisation of additional sources of renewable energy, says Michael Jonsén, Head of Project & Infrastructure Finance at SEB Denmark. 🗨️ - We are delighted to have supported one of our key clients in the renewables sector with this highly bespoke financing solution...as a pioneer in many areas of its business, it is not surprising that European Energy is one of the first renewable companies to make this leapfrog on project financing, too, says Kristi Birkeland Sørensen, Global Head, DNB Renewables & Clean Tech.   🌱 Join us in embracing this new chapter in green construction financing, reaffirming our dedication to a sustainable future. #RenewableEnergy #GreenFinancing #Innovation 

I am happy to share EBRD's first energy deal of the year, following the approval of our new Energy Strategy 2024-2028 last month 🌍 Our equity investment will support #renewables and #storage projects in our European countries of operation. The structure used is an #equity participation in a fund which in turn will invest in green projects through equity. It is an interesting alternative to direct equity or loans, as it helps the diversification of funding models for the sector. The project thus brings significant #green and #resilient #positiveimpact. Carbon savings are estimated in approx. one million of tonnes per year, which is a sizable amount, and at least two-thirds of the total Fund’s capital commitments should come from private investors, thus mobilizing significant additional capital 😉 Anna Chmielewska Stefano Paolozzi, CFA Karsten Sinner Francesco Corbo Anne Fossemalle Tiago Oliveira, Ph.D. Saidkomil Nasriddinov Elisabetta Falcetti Nandita Parshad Charlotte Ruhe and many more... https://lnkd.in/gz_kQA5Y

💥 Mirova aims to raise €2 billion for its Energy Transition Fund. Learn how this can play a significant role in reshaping the finance industry for a more sustainable world. Stay informed with www.knowesg.com. 🌎 #ESGInvestments #SustainableInvestments #FinancialInnovation #GreenEconomy #ClimateAction #SustainableGrowth #KnowESG #GreenFundraising