Avantus has closed a US$1.05 billion corporate credit facility to support the company’s IPP strategy and accelerate development of its solar and energy storage portfolio.
Solar PV and wind are now the cheapest sources of power, with co-located hybrids increasingly delivering round-the-clock electricity at fossil fuel-competitive costs in high-resource regions, according to a new report by IRENA.
US portfolio acquisition news from Goldman Sachs-backed BrightNight and Excelsior Capital-backed Lydian, and finance from AXA-backed ILOS Projects in Europe.