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Mexico’s renewable energy sector might be on the road to recovery, with elections to be held in July 2024. Following a run of lean years, sponsors and lenders alike were enthusiastic for the future while discussing the renewable landscape at REFF Latam 2023 last week. -
Norwegian renewables provider Scatec has made its first drawdown under a $240 million non-recourse loan facility to partly finance the 531MW Mendubim solar project.
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Spearmint Energy has acquired Nomadic, a 900MW portfolio of battery energy storage solutions (BESS) assets in Texas.
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French renewable developer GreenYellow is entering the utility-scale solar generation market in Brazil.
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Neoenergia has brought online the entire Neoenergia Renewable Complex, Brazil’s first operational hybrid complex.
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Foss & Company has closed on a tax equity partnership with Birch Creek Energy for $130 million of investment.
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PFR Solar ABS Roundtable 2022/23
As an asset class solar ABS is still in its infancy so it was no surprise to see market participants draw breath when facing the unknowns of the Covid-19 pandemic. Fast forward to today and macroeconomic disruptions from rising interest rates, inflation and supply chain issues are now testing the market.