Friday, November 22

Tag: Renewable Energy Generation

Sandbrook Capital Raises $2.1 Billion to Back Climate-Infrastructure Deals
14Dec By adminNo Comments
World

Sandbrook Capital Raises $2.1 Billion to Back Climate-Infrastructure Deals

Dec. 14, 2023 6:30 am ET|WSJ ProSandbrook Capital has amassed $2.1 billion to invest in renewable-energy businesses, as the private-equity firm shifts its focus to the U.S. with its debut fund after making its first deals in Europe.The Stamford, Conn.-based clean-energy investor wrapped up its Sandbrook Climate Infrastructure Fund I with $1.5 billion, or 50% more than its initial $1 billion goal. The firm also collected slightly over $600 million for related co-investment vehicles, said Kenneth Ryan, a Sandbrook partner. Roughly 35 investors backed the fund, he said. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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The New Green Investment: Getting Clean Energy to Big Cities
5Dec By adminNo Comments
World

The New Green Investment: Getting Clean Energy to Big Cities

Updated Dec. 4, 2023 7:45 am ETU.S. cities racing to cut their emissions are facing a roadblock: They can’t access the wind and solar power being developed in remote sites hundreds of miles away.Now a group of investors is betting on a startup that builds massive transmission lines to carry renewable electricity to urban areas.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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The New Green Investment: Getting Clean Energy to Big Cities
4Dec By adminNo Comments
Money

The New Green Investment: Getting Clean Energy to Big Cities

U.S. cities racing to cut their emissions are facing a roadblock: They can’t access the wind and solar power being developed in remote sites hundreds of miles away.Now a group of investors is betting on a startup that builds massive transmission lines to carry renewable electricity to urban areas.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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The New Green Investment: Getting Clean Energy to Big Cities
4Dec By adminNo Comments
World

The New Green Investment: Getting Clean Energy to Big Cities

U.S. cities racing to cut their emissions are facing a roadblock: They can’t access the wind and solar power being developed in remote sites hundreds of miles away.Now a group of investors is betting on a startup that builds massive transmission lines to carry renewable electricity to urban areas.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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The Bill for Offshore Wind Power Is Rising
22Nov By adminNo Comments
Money

The Bill for Offshore Wind Power Is Rising

With offshore wind projects bleeding cash, governments will have to pay more to hit their clean-energy targets. Recent auctions show just how much more.Higher prices for steel, labor and debt financing have raised the cost of developing a wind farm by almost 40% since 2019. It is a big problem for developers like Danish energy company Ørsted, which signed power supply agreements a few years ago at prices that no longer cover today’s costs.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Italy’s Enel Plans to Boost Investments, Cut Costs as Part of 2024-26 Strategy
22Nov By adminNo Comments
World

Italy’s Enel Plans to Boost Investments, Cut Costs as Part of 2024-26 Strategy

Updated Nov. 22, 2023 2:58 am ETEnel plans to boost investments in grids and refocus its renewables strategy while boosting cash generation and cutting costs as part of its plan for the 2024-26 period.The Rome-based energy company said it aims to focus on its regulated businesses, improving grids’ resiliency and digitalization, and on higher-margin renewables investments, specifically in onshore wind, solar and battery storage.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Clean-Energy Startups Expected a Gusher of Government Money. They Are Still Waiting.
18Nov By adminNo Comments
Money

Clean-Energy Startups Expected a Gusher of Government Money. They Are Still Waiting.

A pile of government cash from last year’s climate law was supposed to fuel a wave of clean-energy startups. Instead, many are running out of money before the funding comes through. Higher interest rates and rising costs have hurt the companies in what are often capital-intensive industries. Washington’s grinding bureaucracy has been slow to dole out the cash from the climate-focused Inflation Reduction Act.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Clean-Energy Startups Expected a Gusher of Government Money. They Are Still Waiting.
18Nov By adminNo Comments
Money

Clean-Energy Startups Expected a Gusher of Government Money. They Are Still Waiting.

A pile of government cash from last year’s climate law was supposed to fuel a wave of clean-energy startups. Instead, many are running out of money before the funding comes through. Higher interest rates and rising costs have hurt the companies in what are often capital-intensive industries. Washington’s grinding bureaucracy has been slow to dole out the cash from the climate-focused Inflation Reduction Act.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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