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Geothermal plant 'close to securing $1.17bn in loans'
28 March 2014Indonesia's largest geothermal project, Sarulla, is reportedly close to securing $1.17 billion of project finance from a syndicate of private and public lenders.
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Banco Pine secures $115m loan for renewables funding
26 March 2014Banco Pine has secured a $115 million loan from the Inter-American Development Bank and Commerzbank, which it will use to fund renewables projects in Brazil.
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US utilities join forces to develop solar projects
25 March 2014Two leading developers of renewable energy in the US – Sempra US Gas & Power and Consolidated Edison (ConEdison) Development – are to work together to develop five solar projects in California and Nevada, with a combined capacity of 360MW.
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Largest wind project in Africa secures €623m in financing
24 March 2014The biggest clean power energy project in Africa has taken a major leap forward by signing €623 million ($859.6 million) in financing to allow it move it into the construction phase.
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African Renewable Energy Fund raises $100m
13 March 2014The African Renewable Energy Fund (AREF), which focuses on renewable energy projects in Sub-Saharan Africa, reached a first close yesterday, as it raised $100 million to invest in small- to medium-sized independent power producers.
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Standard Bank appoints new head of renewable energy
12 March 2014Standard Bank has appointed Rentia van Tonder as head of renewable energy, power and infrastructure, based in Johannesburg.
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AfDB issues its second green bond of 2014
11 March 2014The African Development Bank (AfDB) has tapped the green bond market for the second time this year, after a SEK 1 billion ($153 million) issue was bought by Swedish investors.
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Swedish insurer snaps up African green bond
24 February 2014SPP, a Swedish pensions and insurance provider owned by Storebrand, was the sole buyer of a SEK 1 billion ($153 million) green bond issue from the African Development Bank (AfDB).
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An inflection point for energy efficiency financing?
29 January 2014There is a tangible sense of frustration at the slow progress being made in scaling up the European energy efficiency market. Traditional players need to learn from the more dynamic markets in the US, or risk being overtaken by rivals with new business models, argues Steven Fawkes
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Robins to leave HSBC to spearhead UNEP Inquiry
28 January 2014Nick Robins is to step down as head of HSBC's Climate Change Centre to help lead a United Nations Environment Programme inquiry into how to green the world's economy.