Solar

Canadian Solar Completes Purchase of Three Solar Farms From KKR

Canadian Solar Inc. has closed on the acquisition of three operating solar projects totalling 59.8 megawatts of capacity from KKR for US$203.7 million.
The company also closed a US$50 million loan with Credit Suisse that is related to the purchase . Credit Suisse also acted as sole financial advisor on the transaction.

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Amazon Gets Approval for 80-MW Solar Farm in Virginia

Amazon has secured approval for a 80-megawatt solar farm developed by Community Energy in Accomack County, Virginia, called Amazon Solar Farm US East.
Governor Terry McAuliffe said the Virginia Department of Environmental Quality will issue the first Permit By Rule for the project, which will more than quadruple the amount of solar energy currently installed in the Commonwealth.

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African Renewable Energy Fund Reaches US$200 Million Financial Close

The African Renewable Energy Fund, a dedicated renewable energy fund focused on sub-Saharan Africa, has reached its final close with US$200 million of committed capital to support small- to medium-scale projects, with investment at the final close from European Investment Bank and the Global Energy Efficiency and Renewable Energy Fund, among other investors.

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