TPG's Rise Fund opens renewables arm with 1GW purchase
TPG's flagship impact investing fund has purchased a 1GW portfolio of solar photovoltaic projects from China-based Trina Solar for an undisclosed sum.
PiP acquires 30MW of solar farms
The Multi-Strategy Infrastructure Fund (MSIF), managed by the UK's Pensions Infrastructure Platform (PiP), has acquired six solar farms in the country, representing 30MW, from Chinese solar manufacturer Trina Solar for an undisclosed amount.
EF BRIEFS: Trina Solar, Aurora
Trina Solar, a leading maker of solar photovoltaic modules, has entered into a 'definitive agreement' with a consortium of investors to take the company private.
EF BRIEFS: Canadian Solar, Gaeletric, MTA, Spruce, Iberdrola, Boralex, Trina
Canadian Solar has issued a ¥3 billion ($26 million) solar project bond to Shinsei Trust and Banking Company.
EF BRIEFS: Trina, Grenergy, Santander, Goldman Sachs, Impax, Japan
The Development Bank of Japan and Japan Wind Development Company plan to launch a ¥50bn ($423 million) wind energy fund in April.
EF Briefs: Trina Solar, EOS IM, GIB, Foresight
The UK's Green Investment Bank (GIB) and Foresight Group have invested £1.7 million ($2.6 million) in the construction of an anaerobic digestion (AD) plant in Northern Ireland.
EF BRIEFS: Trucost, NY Green Bank, Yes Bank, Abengoa Yield, SunEdison, RWE, Samsung
German utility RWE has got the go-ahead to spin off a renewable energy subsidiary, which will be floated late next year.
People Moves
A round-up of the latest new appointments and moves in the industry, including changes at PRI, IEA, MSCI, Vigeo and Arise.
EF BRIEFS: SocGen, Barclays, Trina, Enel, GIB, Camco, Capital Stage, IIGCC, GE and Alstom
Societe Generale has adopted a climate policy ahead of the Paris climate summit that will see it pull out of some coal financing and double financing for renewables by 2020.