Naturgy’s Global Power Generation (GPG) secured an AUD 2.3 billion (~$1.49 billion) financing facility with 11 international banks to support its renewable energy portfolio in Australia. By the end of 2024, GPG had 1 GW in operation, 360 MW under construction, and 510 MW ready for construction, including wind farms, solar plants, and hybrid battery projects. The funds were allocated to projects such as Hawkesdale, Ryan Corner, and Cunderdin Solar Hybrid, contributing to Australia’s energy transition. Additionally, Naturgy obtained a €1 billion (~$1.05 billion) loan from the EIB to finance renewable investments in Spain.
Naturgy’s GPG signs AUD 2.3B financing for Australian wind,PV projects
GPG’s $2.3 billion Australian financing strengthens its 1 GW renewable portfolio with 360 MW under construction and 510 MW ready. (Image Credit/Source:Pixabay/Pexels)
TSE secures €65M from Eiffel Investment Group to fund 800 MW solar projects, powering 450,000 homes annually. (Image Source: TSE)
Catalina Energy advises on a $130 million raise and 500 MW portfolio sale, with 4 GW pipeline planned for 2024. (Image Credit/Source: BlazeJosh/Pixabay)
The €3.2 billion TERNA ENERGY deal is the largest energy transaction in Athens Stock Exchange history. (Image Source: TERNA ENERGY)
Italian government authorizes FIMER’s acquisition, promoting innovation in renewable energy under McLaren’s leadership. (Image Source: FIMER)