IPO: Spanish Solar Company Eyes Share Offering
Spanish solar company T-Solar is looking to do an initial public offering to raise cash to grow its generation capacity and finance its international expansion, including in the U.S. Read More »
Vancouver VC Set To Close on $150M Renewable Energy Fund
Chrysalix Energy, a renewable energy-focused venture capital fund based in Vancouver, BC plans to close on a $150 million for its third fund by the end of next month, reports VentureWire via PeHUB. Read More »
Details Trickle On Ambata Capital Partners Geothermal Play
Nick Sangermano, chief operating officer at Ambata Capital Partners, emailed GER from Abu Dhabi, where he is attending the World Future Energy Summit.
He wrote that Ambata Capital, founded by former Credit Suisse investment banker Michael Philipp, is taking “a significant” minority stake in geothermal developer Reykjavik Geothermal, declining to provide more details on the ownership stake or how much money it is forking out for that equity position.
Reykjavik Geothermal and Ambata Capital say they plan to jointly develop and operate utility scale geothermal power generation in emerging markets in the Middle East and Africa.
Ambata Capital Partners to Develop Large Geothermal Projects
Geothermal developer Reykjavik Geothermal has entered into a partnership with Ambata Capital Partners, a renewable energy-focused private equity firm founded by investment banker Michael Philipp, the former head of Credit Suisse for Europe, Africa and the Middle East. Read More »
Utility-Scale Developer SolarReserve Inks PPA With NV Energy
SolarReserve, a developer of utility-scale solar power projects based in Santa Monica, Calif., has inked a 25-year, power purchase agreement (PPA) with Nevada power utility NV Energy for the whole output of its 100-megawatt, Tonopah Solar Energy project.
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