Green bond round-up, 11 July 2018
NY Green Bank signs $40.6m worth of deals in in Q1
New York Green Bank has closed six financing transactions in the first quarter of 2017 totalling $40.6 million.
New shoots, old roots; the return of the yieldco
After a disastrous year in 2015, US yieldcos have seen their share prices rebound. Has the model turned a corner, asks Hamza Ali
TerraForm Power settles with Appaloosa as it gears up for sale
US yieldco TerraForm Power (TERP) has settled a long standing legal battle with hedge fund Appaloosa Management.
NY Green Bank poised for extra $150m of capital after Vivint Solar deal
The New York Green Bank is expected to receive a further $150 million of capital from the state authorities after providing $37 million of the recently announced $313 million loan to residential solar energy company Vivint Solar.
EF BRIEFS: NESF, Vivint Solar, Mosaic
NextEnergy Solar Fund (NESF) has launched the sixth and final tap of its share issuance programme launched last month, raising £5.8 million ($7.6 million).
EF BRIEFS: Spruce, Vivint, GE
Spruce Finance has secured $120 million of debt for rooftop solar, according to reports.
People Moves
The latest peoples moves, including changes at Pegasus Capital, TerraForm Power, LSE, Calvert and RobecoSAM
EF BRIEFS: Vivint, St Paul, National Australia Bank, Engie, Renew Power, Senvion
Distributed solar company Vivint Solar has closed a $200 million term facility to help its expansion across the US.
SunEdison shares up 40% after merger with Vivint collapses
SunEdison's shares soared more than 40% today after Vivint Solar pulled the plug on the controversial $2.2 billion merger of the two companies.