News

• NextEnergy Solar Fund in 'biggest ever M&A deal for solar in the UK'

  11 January 2016

  UK yieldco, NextEnergy Solar Fund (NESF), has made what it describes as "the largest mergers & acquisitions deal in UK solar".

• RenewableUK appoints new CEO

  11 January 2016

  RenewableUK has appointed Hugh McNeal as its new chief executive, replacing Maria McCaffery, who announced in October that she would be stepping down after 10 years in the post.

• December's weather in US and UK likely to cost insurers $4bn

  11 January 2016

  Last month's extensive flooding across the north of England and southern Scotland is expected to result in insurance payouts amounting to £1.34 billion ($1.9 billion), said the Association of British Insurers.

• IHS Research cuts 2016 US solar forecast due to ITC extension

  11 January 2016

  IHS Research has cut its 2016 forecast for US solar and predicted a "surge" in 2017 construction, following the decision by the US Congress to extend investment tax credits (ITC) in the country.

• SunEd in major debt deal in bid to strengthen position

  08 January 2016

  SunEdison's share price is in turmoil again, after it agreed another complex – and expensive – deal in a bid to pay down 'restrictive debt'.

• EF BRIEFS: Coillte, SSE, Clean Power Finance, Kilowatt Financial

  08 January 2016

  Coillte and SSE have secured what they claim is the largest-ever financing package of a single wind asset in Ireland

• HASI agrees $161m term loan for residential solar assets

  08 January 2016

  Hannon Armstrong Sustainable Infrastructure Capital (HASI) has agreed $161.6 million of debt from Deutsche Bank, secured by the cash-flows generated by rooftop solar assets.

• Abengoa Yield seeks new sponsor as it changes its name to Atlantica Yield

  08 January 2016

  Abengoa Yield has launched a search for a new sponsor and changed its name to Atlantica Yield as it seeks more "autonomy" from its troubled parent Abengoa.

• GCL subsidiary in $302m rights issue

  08 January 2016

  GCL New Energy is seeking to raise HK$2.3 billion ($302 million) in a rights issue.

• Owning fossil fuel stocks makes 'little sense' due to stranded asset risk

  08 January 2016

  Owning fossil fuel stocks makes little sense at the moment due to stranded asset risk and the growth of renewables, according to a responsible investor pioneer.