BlackRock Boosts Renewable Power with $500M Investment in Canadian Solar
BlackRock's $500 million investment in Canadian Solar's Recurrent Energy unit will boost renewable power and energy storage projects in the US and Europe, aligning with BlackRock's alternative asset ambitions. Canadian Solar shares surged 21% on the news.
Jan 24, 2024 // Markets & Finance News, Canadian Solar, BlackRock
BlackRock, Akaysha Seal Risk Hedging for 155-MW/300-MWh BESS
Akaysha Energy, owned by BlackRock Inc's Infrastructure business, has entered into a 10-year revenue swap and risk hedging deal for a 155-MW/300-MWh Lithium Iron Phosphate (LFP) cell technology Energy Storage System to be installed in Hopeland, Queensland. Mitigate revenue risks and expand the project in the future.
Jul 10, 2023 // Storage, BlackRock, queensland, BESS, Akaysha Energy
BlackRock Raises $500M for Oz's Largest Battery
BlackRock has raised $500 million to build the largest grid-scale battery project in the Southern Hemisphere, with 850 megawatts and 1680 megawatt-hours of capacity. Rio Tinto is also increasing demand for battery metals to meet the goals of the Glasgow Climate Pact.
Jun 29, 2023 // Storage, BlackRock, Australia, Oceania
Big Investors Bet on Chilean Solar: ESG's Stable Prices
Chile's energy regulator and grid operator have criticized incentives for small plants, but lenders welcomed BlackRock's April deal for its competitive return on equity and low risk in a ESG-focused market.
Jun 15, 2023 // Plants, Markets & Finance News, BlackRock, Chile, South america, PV Power Plant
BlackRock's GRP III closes 97-MWp dispersed solar buy in Chile
BlackRock's Global Renewable Power Fund III (GRP III) has actually shut the purchase of a 97-MWp dispersed solar project portfolio in Chile that was established by RRG Capital Management (RRGCM) as well as local partners.
May 19, 2023 // Markets & Finance News, BlackRock, Chile, South america, Global Renewable Power Fund III, GRP III, RRG Capital Management, RRGCM
BlackRock eyes 1-GWh battery portfolio with Jupiter Power acquisition
United States development capital carrier EnCap Investments LP and also its co-investment companions are offering utility-scale battery storage space programmer as well as driver Jupiter Power LLC and its about 1-GWh portfolio of assets to a fund managed by BlackRock Alternatives.
Nov 15, 2022 // Storage, USA, BlackRock, North America, Jupiter Power
BlackRock acquires US storage space player
Jupiter Power has an 11GW pipe of utility-scale projects situated across numerous states in America
Nov 15, 2022 // Storage, USA, BlackRock, North America
BlackRock led consortium spends US$ 525m in Tata Power Renewables to sustain Indian operations
A consortium led by exclusive equity giant BlackRock Real Assets has gotten a 10.53% stake in Tata Power Renewables with a INR4,000 crore (US$ 525 million) financial investment.
Apr 19, 2022 // Markets & Finance News, BlackRock, India, Asia, tata power solar, tata power, Mubadala
BlackRock purchases Chilean solar projects
Framework arrangement with Solek Group is for 200MW of PV plants
Feb 14, 2022 // Markets & Finance News, BlackRock, Chile, South america, Solar Project, Zdeněk Sobotka, Solek Latam
Enpal Elevates EUR345 M for New Solar Projects in Germany
To speed up the advancement of solar energy in Germany, solar remedies service provider Enpal has secured debt dedications of EUR275 million from globally leading financiers BlackRock, Pricoa Private Capital (the exclusive capital business of PGIM), and also UniCredit in its current round of fundraising. Additionally, additional institutional dedications of EUR70 million were signed in the kind of a subordinated mezzanine financing.
Sep 27, 2021 // Plants, BlackRock, Germany, Europe, PV Power Plant, Enpal, Greenberg Traurig, Gregor Burkart, Pricoa Private Capital
BlackRock obtains US wind and solar portfolio
National Renewable Solutions has a growth pipe of greater than 3.5 GW.
Aug 18, 2021 // Plants, Markets & Finance News, USA, BlackRock, North America, NRS
BlackRock to sustain renewables in emerging markets with US$ 250m capital raising
BlackRock has protected more than US$ 250 million for a finance automobile that will invest in renewables and power storage space projects in nations throughout Asia, Latin America and Africa.
Jul 12, 2021 // Commercial, Markets & Finance News, Storage, BlackRock, Latin america, Asia, Africa, emerging markets, Climate Finance Partnership, Jochen Flasbarth
DSD raises US$ 85m to enhance C&I solar pipe
Distributed solar specialist DSD has increased US$ 85 million in tax obligation equity funding to fund the development of its commercial as well as industrial (C&I) project pipe.
May 21, 2021 // Markets & Finance News, BlackRock, Erik Schiemann, bank of america, DSD
CleanCapital protects US$ 300 million funding to grow dispersed solar portfolio
Small-scale solar professional CleanCapital has actually protected a US$ 300 million financial investment from Manulife Financial investment Management to aid grow its asset portfolio.
Apr 20, 2021 // Markets & Finance News, California, USA, CleanCapital, BlackRock, New Jersey, North America, solar investment, massachusetts solar, small scale solar, distributed generation, commercial and industrial, javelin capital, Jason Segal
BlackRock Achieves a USD 4.8 Bn Final Close for Global Renewable Power Fund III
BlackRock Real Possessions has successfully achieved a US$ 4.8 billion last close of Global Renewable Power Fund III (" GRP III" or the "Fund") with dedications from over 100 institutional capitalists, including leading public as well as personal pension plan funds, insurance companies, endowments, structures and also family members workplaces from over 18 nations worldwide.
Apr 9, 2021 // Markets & Finance News, USA, BlackRock, Europe, Asia, North America, David Giordano, BlackRock Renewable Power, Jim Barry