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Deriva Energy Completes Financing for Two Established Projects
Prnewswire· 2025-05-19 13:00
CHARLOTTE, N.C., May 19, 2025 /PRNewswire/ -- Deriva Energy, LLC, a leader in clean power generation, operations and development, today announced that it has completed a $127 million debt financing for a portfolio of two operating energy assets.Principal Asset ManagementSM and MetLife Investment Management provided Senior Secured Notes to the portfolio, which is comprised of two projects owned and operated by Deriva, Ledyard Wind and Pisgah Ridge Solar. Ledyard Wind is a 207 MW wind facility in Kossuth Coun ...
Information regarding the results of the vote on the resolutions presented (and all adopted) at the Annual General Meeting on May 15, 2025
Globenewswire· 2025-05-16 17:36
Information regarding the results of the vote on the resolutions presented (and all adopted) at the Annual General Meeting on May 15, 2025 Voltalia (Euronext Paris, ISIN code: FR0011995588), an international player in renewable energies, held its Annual General Meeting on May 15, 2025, in Paris. A poll was held on each of the resolutions proposed. The results of the polls are set out below. Number of shareholders present, represented or voting by mail at the Ordinary General Meeting (OGM): 867Number of shar ...
Ignitis Group concluded a EUR 77.5 million financing agreement with Swedbank
Globenewswire· 2025-05-16 13:05
AB “Ignitis grupė” (hereinafter – the Group) informs that on 16 May 2025 a subsidiary of the Group, SP Venta SIA, concluded a EUR 77.5 million project financing agreement (hereinafter – the Loan) with Swedbank AS (Latvia) and “Swedbank” AB (Lithuania) regarding a Stelpe solar farm and Vārme solar farm with a total capacity of 239 MW.The Loan will be granted by two creditors, divided equally equal, for a period of 15 years. Other terms and conditions of the Loan are standard for project financing transaction ...
NextNRG Reports Preliminary April 2025 Revenues up 154% Year-over-Year
Globenewswire· 2025-05-16 12:00
Robust April Results Reflect Execution Strength, Sustained Volume Growth and Scalable Business ModelMIAMI, May 16, 2025 (GLOBE NEWSWIRE) -- NextNRG, Inc. (Nasdaq: NXXT), a pioneer in AI-driven energy innovation—transforming how energy is produced, managed and delivered through its advanced Utility Operating System, smart microgrid technology, wireless EV charging and on-demand mobile fuel delivery solutions— today announced preliminary unaudited financial results for April 2025. April 2025 Highlights: Reven ...
Enefit Green production data – April 2025
Globenewswire· 2025-05-16 06:00
Core Insights - Enefit Green's electricity production in April reached 185.1 GWh, marking a 23.5% increase compared to the previous year, driven by new wind and solar farms [1][5] Production Overview - Wind energy production in April was 156.9 GWh, a 17% increase from last year, with new wind farms contributing significantly [1][5] - Solar energy production was 16.7 GWh, nearly 2.7 times higher than last year, primarily due to new solar farms [4][5] - The Iru cogeneration plant produced 11.4 GWh of electricity, reflecting a 20% increase, and thermal energy production was 36.0 GWh, up 18.8% [3][5] Regional Production Breakdown - Estonia's electricity production increased by 57.9% to 102.7 GWh [5] - Lithuania's production rose by 12.8% to 69.9 GWh [5] - Latvia produced 2.3 GWh, a significant increase from zero last year [5] - Poland's production increased by 53.5% to 4.1 GWh [5] - Finland's production saw a decline of 69.1%, dropping to 6.3 GWh [5] Production Challenges - Downregulations due to low electricity prices resulted in 28.2 GWh of unproduced energy from wind farms, with 13.3 GWh from the Finnish market [2] - System services provision in Estonia and Lithuania reduced production by 7.9 GWh [2] - Wind conditions positively impacted production by approximately 4.5 GWh compared to expectations [2] - Solar farms faced downregulation leading to 2.4 GWh of unproduced energy, with grid-related restrictions in Polish solar farms causing an additional 0.6 GWh of unproduced energy [4]
Does Anavex's Alzheimer's Drug Actually Confer Benefit?
Seeking Alpha· 2025-05-16 00:49
Group 1 - A new drug has been reported to slow cognitive decline in Alzheimer's patients by 36%, and by nearly 50% for a specific subgroup of patients [1] - The Biden administration's solar import duty policy is viewed as a significant barrier to the growth of clean energy [1] - The author has written extensively on various clean energy companies, including Canadian Solar and JinkoSolar, indicating a focus on the clean energy sector [1] Group 2 - The author has a beneficial long position in AVXL shares, reflecting confidence in the company's prospects [2] - The author previously held a long position in BIIB but no longer does, indicating a shift in investment strategy [2]
La Société de projet BVH1, s.e.n.c. Announces a $960 Million Financing for Des Neiges – Secteur sud Wind Project
Globenewswire· 2025-05-15 13:26
Core Points - The Des Neiges - Secteur sud wind power project has secured $960 million in financing and is currently under construction, with a total capacity of 400 MW [1][10] - The project is expected to significantly contribute to the economic development of Côte-de-Beaupré and enhance Québec's economic and climate resilience, representing an investment of around $1 billion [2] - Approximately 500 jobs will be created during the construction phase, with around 15 jobs during operation and maintenance [2] - The project will distribute over $80 million to host communities, specifically for the Secteur sud project [2] - The project aims to generate 1.2 TWh of energy annually, enough to power about 70,000 homes or 325,000 electric vehicles [6] Financial Highlights - The financing structure includes a $733 million construction loan, a $170 million bridge loan, and a $57 million guarantees facility [8] - The construction loan will convert to a term loan upon the start of electricity deliveries, expected in Q4 2026 [8] Project Development - Borea Construction has been mobilized for preliminary work since December 2024, with site work scheduled to begin in the coming months [5] - The project is the first of three potential 400 MW wind power projects planned for the Seigneurie de Beaupré private lands [6] Company Collaboration - Boralex, Énergir, and Hydro-Québec are collaborating on this project, emphasizing the importance of partnerships in achieving energy independence and sustainable growth for Québec [3]
Stardust Solar Updates Status of Filing Annual Financial Statements
Newsfile· 2025-05-15 12:30
Vancouver, British Columbia--(Newsfile Corp. - May 15, 2025) - Stardust Solar Energy Inc. (TSXV: SUN) ("Stardust Solar" or the "Company"), a leading provider of residential solar energy solutions, announces, further to its news release of May 1, 2025, that the Company's principal regulator, the British Columbia Securities Commission (the "Commission"), granted a management cease trade order (the "MCTO") on May 1, 2025, under National Policy 12-203 Management Cease Trade Orders ("NP 12-203").The MCTO prohib ...
N2OFF Energy Targets European's Energy Crises with Fourth Regional Battery Project
GlobeNewswire News Room· 2025-05-15 11:32
N2OFF to take part in financing a 35MW/140MWh planned Battery Energy Storage System project in Poland Neve Yarak, Israel, May 15, 2025 (GLOBE NEWSWIRE) -- N2OFF, Inc.(NASDAQ: NITO) (FSE:80W) (“N2OFF” and the “Company”), a clean tech company engaged in sustainable solutions for energy and innovation for agri- tech, recently announced its entry into the Polish renewable energy market by participating in the financing of a Battery Energy Storage System (BESS) project in Poland. The project, currently planned a ...
Meriaura Group Plc: Rasol Oy Launches Sunplussa – A New Smart Energy Management Solution for Properties
Globenewswire· 2025-05-15 10:00
Group 1: Launch of Sunplussa - Rasol Oy, a subsidiary of Meriaura Group, has launched 'Sunplussa', a smart energy management solution that integrates local energy production, storage, and consumption control for properties [1][2] - The system includes solar panels and battery storage tailored to the customer's energy consumption profile, connected via a smart control system that manages energy usage [1][2] - The AI-based control system optimizes electricity production, storage, and consumption based on market prices and weather conditions, enabling cost savings by utilizing cheaper electricity hours [2] Group 2: Merger with Summa Defence Oy - Meriaura Group signed a conditional share exchange agreement to acquire Summa Defence Oy, creating a strong group focused on safety and security in Finland, with a significant role for dual-use technology [5] - Following the merger, Meriaura Group's shareholders will hold 11.8% of the new company, Summa Defence Plc, while Summa Defence's shareholders will hold 88.2% [5] Group 3: Business Overview - Meriaura Group operates in two main business areas: Marine Logistics and Renewable Energy [6][9] - The Marine Logistics segment provides low-emission marine transport services, particularly for bulk cargo and renewable energy construction projects in Northern Europe [7] - The Renewable Energy segment focuses on clean energy solutions, including solar power systems for various applications [9]