Renewable Energy Finance

The finance database provides access to 3,400+ financing transactions by 1,600+ companies and 500+ banks in 120 countries since 2019.

  • Renewable energy finance - Exhaustive
    Exhaustive coverage on renewables financing

    Access details on capital instruments ranging from fixed-income securities to tax equity investments and pooled fund raises.

  • Renewable energy finance - Granular
    Granular details for key metrics

    Explore the technical aspects of each transaction such as yield-to-maturity, spread, as well as specific covenants.

  • Renewable Energy Finance - flow of capital
    Explore Global trends in flows of capital

    Analyze financings by sector, geography, use of proceeds, and other targeted filters, to unlock deeper insights.

  • Origis energy raises $1.2bn ytd 2023, leads chart for most debt capital secured in us’ utility scale solar space
  • Corporate fundraising activities by renewable developers
  • $4.5bn in debt financings eib's dominance in europe's solar and wind sectors, ytd 2023
  • Battery storage space financings in the us ytd 2023

Insights on recent major financings

Northland Power raises €690mn in non-recourse debt refinancing for onshore wind and solar assets in Spain

The senior debt package, provided by CaixaBank, will help the Canada-based company refinance and restructure the debt associated with a 551 MW portfolio of projects spread across Spain. The projects were acquired from Helia Renovables for an enterprise value of $1.27bn.
Northland

Iberdrola raises $7.2bn through debt and green bonds, YTD 2022

The company has raised the capital through loans from a range of lenders, including multilateral financial institutions such as the European Investment Bank and export credit agencies such as Instituto de Crédito Oficial, European Export Credit Agency, and EKF.
Iberdrola1x1

TenneT issues €3bn green bond for the development of transmission projects in Netherlands, Germany

ABN AMRO, Deutsche Bank, HSBC, ING, Rabobank and SMBC acted as joint-active bookrunners for the issuance. The proceeds will be used to invest in green transmission projects in the Netherlands and Germany.
Tennet

Doral Renewables secures up to ~$1.1bn of new capital commitments to progress its 10 GWac renewables pipeline

U.S.-based Doral Renewables, the renewable energy development arm of Israel-based Doral Group, has issued up to $500mn of convertible notes to Apollo Global Management and Migdal Insurance.
Doral

ReNew Power secures $1bn loan for 1.3 GW battery-enabled renewable energy project in India

The company secured the loan from a consortium of 12 international lenders, led by Rabobank, marking the largest single project-focussed loan based on external commercial borrowings (ECB), in India’s renewable energy sector.
Renew power new logo

Fred. Olsen Renewables raised $485mn to finance onshore wind farms

The Norway-based project developer has closed the financing for three existing wind farms in Norway and Sweden, as well as future initiatives in the UK and Sweden. The package is structured as an energy investment fund jointly owned by KLP, MEAG Munich ERGO Asset Management, and Keppel.
Fred olsen energy

AIP finances 139 MW portfolio of fully-merchant onshore wind projects

The Danish investment firm will execute the transaction through a flexible financing instrument that can accommodate projects of all revenue streams. The renewable portfolio that secured the financing comprises 4 wind farms developed by Elecnor Group.
Aip

Innergex refinances non-recourse debt of Chilean renewables portfolio through $803 million transaction

The Canada-listed company has issued $710mn of green bonds as part of a private placement, and secured a $93.1mn credit facility. Innergex stated that a group of global institutional investors participated in the transaction.
Innergex

SSE issued $664mn green bond to fund SSE Renewables projects

The bond carries a tenor of 7 years and a coupon rate of 2.875%, with maturity date set as August 1, 2029. The issuance marks SSE’s fifth green bond in six years, bringing its total outstanding green bonds to more than $2.55 billion.
Sse

Iberdrola took $561mn loan from EIB to develop 1.8GW in Spain

The loan by the EIB will be deployed towards the construction of solar PV and onshore wind projects primarily in rural areas, including Castilla y León and Extremadura. These regions are termed as ‘Cohesion regions’ by the EU, which have been demarcated for economic improvement through disbursement for funds.
Iberdrola1x1