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

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  • 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

Opdenergy marks US financing entry with a $252mn boost for solar projects

Opdenergy closes a $252mn financing package for two solar projects totalling 260 MWdc in the US. The financing comprises debt facility led by consortium of investors comprising BBVA, Intesa Sanpaolo and MUFG and tax equity commitment led by RBC Community Investments.
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Origis Energy raises $1.2bn YTD 2023, leads chart for most debt capital secured in US’ utility-scale solar space

In spite of heightened interest rates, US developers continue to aggressively tap into the debt market, as companies are in a race against time to secure capital before the moratorium period for the import ban of solar modules from Southeast Asia ends.
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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.

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.

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.

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.

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. In Nov’21, SSE announced that it will invest $14 billion through to 2026 on low-carbon infrastructure projects to progress towards net-zero emissions.

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.