Now viewing all posts tagged project finance

The Week in Green Energy: Renewable Energy Developers Face a Tight Credit Market

U.S. renewable energy developers are bound to pay more for project capital as large European banks tighten lending to shore up their balance sheets, which have been weakened by the economic uncertainties brought on by the European sovereign debt crisis.

Read on »

Bank of Ireland Sells North American Energy Loans

Bank of Ireland (BofI) has sold a €590 million ($793 million) book of project finance loans supporting energy and renewable energy projects to the Sumitomo Mitsui Banking Corporation (SMBC).

Read on »

The Week in Green Energy: A Greek Tragedy for Green Energy?

How the sovereign debt crisis currently roiling global financial markets will play out remains an open question. However, even under the best case scenario, it now appears guaranteed that financing the construction of wind, solar and other renewable energy projects will get more expensive in the near term. The green energy sector has become accustomed…

Read on »

New York Developer Secures Long-Term Debt For Delaware Solar Project

A subsidiary of New York-based LS Power, the independent power producer and developer, has closed long-term debt financing� supporting the construction of a 10 megawatts solar facility in Dover, Del.

Read on »

Cheap Capital Bankrolls China�s Green Revolution

Earlier this month, Julian Wong, Chief Editor of the Green Leap Forward blog, testified before the U.S.-China Economic and Security Review Commission. His testimony provides a crystal clear overview of� the different factors that are supporting China’s push to lead the global green economy, (at the expense of the U.S.). Over the next couple of…

Read on »