Finance and Insurance
Berkeley Energy to fund €130m for sub-Saharan Africa renewables
For Berkeley Energy’s latest Africa renewable energy fund, seven development finance institutions have committed €130m at sum. According to Berkeley Energy, Africa Renewable Energy Fund II (AREF II) fund’s investor base includes CDP, CDC, FMO, Proparco, Swedfund, Sustainable Energy Fund for Africa and the Clean Technology Fund, part of the Climate Investment Funds. AREF II […]
“Yesterday, Today, Tomorrow” Point of View to M&As Profinstance Advisory & Training Incorporation
“I have never cared what something costs; I care what it’s worth,” says Ari Emanuel, co-CEO of William Morris Endeavor. M&A, which is one of the great aspects of the corporate finance world, is driven from creating more value as two separate companies together, compared to being on an individual stand. So to begin with, […]
Modelling in renewable energy projects as a tool for strategic decision making
The most critical financial services in the energy due diligence services is financial advisory and specially financial modelling, as causing a decrease in financing costs and optimizing the finance structure. Financial modelling plays a part in both investment decisions and evaluation. In project finance, financial model allows a project-specific calculation that demonstrates all cash flows […]
Reasons of Non-Bankability of Wind & Solar YEKA Projects in Turkey
Turkey has experienced a significant development in renewable energy installed capacity during the last decade. However, there has been no renewable energy capacity addition with the new auction scheme namely Renewable Energy Resource Areas (‘RERA’ or ‘YEKA’). Accessing financial sources is a key to successful development of new renewable energy capacities. Performing a comparative study […]
Global wind power capacity to grow by 60% over next 5 years
Global wind power capacity additions are expected to sit at an annual average of 71GW from 2019-2023 and 76GW from 2024-2028, according to new analysis from Wood Mackenzie Power & Renewables. As noted in the report, ‘Global Wind Power Market Outlook Update: Q2 2019′, Wood Mackenzie Power & Renewables has upgraded it’s global wind power outlook […]
A first in Turkey: Zorlu Enerji signs a “Green Loan” agreement
Garanti Bank executed Turkey’s first Green Loan agreement with Zorlu Enerji by linking the margin of the loan to their ESG performance. Green Loan with total amount of USD 10 million is used for meeting the operational capital needs of Zorlu Enerji. During the loan life, Garanti Bank will promote and motivate the improvement of […]
