With Mirova’s investment, RP Global targets 2,500 MW in new solar, wind, and storage installations by 2028. (Image Source: Mirova)
RP Global, an Austrian and Spanish renewable energy developer, has partnered with Mirova, a French investment firm, to establish a large Independent Power Producer (IPP) with over 2.5 GW capacity across Europe. Mirova’s sixth energy transition fund (MET6) will contribute EUR 200 million, complemented by EUR 280 million from a co-investment vehicle under Mirova’s management, making Mirova a key minority shareholder in RP Global. The companies aim to expand RP Global’s renewable assets over the next five years, commissioning projects across Italy, Germany, France, Spain, Portugal, Poland, and Croatia. RP Global’s pipeline exceeds 14 GW. The transaction is expected to close in November, pending anti-trust clearance. Nomura Greentech, White & Case, and KPMG are advising Mirova, while Lazard, Schönherr, and Clifford Chance support RP Global.
Allegations include bribing Indian officials to secure renewable energy projects worth $6 billion. (Image Credit/Source: Kelly/Pexels)
NTPC prioritizes solar over wind, limiting wind and battery projects to 10% of its renewable portfolio. (Image Credit/Source: Kelly/Pexels)
Scatec retains 13% and 12% stakes in Kalkbult, Linde, and Dreunberg solar plants after the sale to STANLIB. (Image Source: Scatec)
The financing partnership between RIC Energy and Rosemawr will fund interconnection deposits for up to 450 MW of renewable projects in NY. (Image Source: RIC Energy)