Corporate Finance

San Francisco-based sustainable infrastructure platform Generate Capital has raised $2 billion for expansion plans that will take it into new sectors and geographies.

Brazilian utility Cemig Geração e Transmissão has announced a cash tender offer to buy a portion of its outstanding senior notes.

A subsidiary of Leeward Renewable Energy has issued up to $375 million in an unsecured bond offering to refinance its outstanding debt, which includes a bridge facility used to acquire solar assets back in March.

The Brazilian state government of Rio Grande do Sul is preparing to sell its majority stake in gas distribution company Sulgás.

Michigan utility Consumers Energy is planning to shutter five thermal power plants in the state, ahead of schedule, while purchasing four gas-fired plants in their stead in order to maintain reliability while it transitions to using 90% renewable energy by 2040.

A consortium of investors led by InterEnergy Group has purchased a 670 MW gas-fired project in Panama, which has been in the works for the better part of the last decade.

Listed US Solar Fund has raised $132 million in equity on the London Stock Exchange to refinance a solar portfolio at a less aggressive leverage ratio.

Pacific Gas & Electric Co has been granted approval by the California Public Utilities Commission to issue up to $7.5 billion of "recovery bonds" to finance wildfire-related expenses, in what is being touted as the largest ever securitization by a US utility.

As Chile's largest developers secure supply contracts with corporate offtakers and search for corporate financing for their portfolios, project finance bankers wonder whether there will be any mandates left in the long run that are not corporate-based.

Brazilian renewable energy producer Rio Alto Energias Renovables has decided to halt its initial public offering due to changing conditions in the Brazilian and international capital markets.