Spain’s Ministry for the Ecological Transition has moved to dispel... Read more →
Spain’s Ministry for the Ecological Transition has moved to dispel rampant concerns over the impact on operational PPA-backed projects of its recently introduced revenue reduction mechanism – brought in on September 14 in an attempt to shield bill payers from soaring wholesale power prices – with a clarification that such schemes will be exempt from… Read More ›
The Spanish government has thrown the country’s renewables market into turmoil with the introduction of a surprise law this week (September 14) which will force wind and solar generators to pay back the difference above perceived normal wholesale prices, regardless of whether projects are selling their output on a full merchant basis or at fixed… Read More ›
Lithuania’s renewables sector has seen notable transactions in both project financing and M&A in recent months as lenders and investors look to secure exposure to this small but attractive market, and the Baltic country is expected to provide a number of further investment opportunities in coming quarters.
Macquarie has struck a seven-year PPA with Axpo for 50% of the output from its 600MW Fântânele-Cogealac-Gradina wind farm complex in Romania, highlighting the country’s emergence as one of Europe’s most promising renewables growth markets.