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WED2021: CBN pussyfooting green - Punch Newspapers

WED2021: CBN pussyfooting green - Punch Newspapers
punchng.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from punchng.com Daily Mail and Mail on Sunday newspapers.

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Renascor Resources Ltd welcomes $1.08 billion energy and emissions reduction deal

Renascor Resources Ltd welcomes $1.08 billion energy and emissions reduction deal
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Saudi squeeze: why Biden's boxed in by an "ally"

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TURNING HEADS
Former French President Nicholas Sarkozy has been sentenced to a year in prison, convicted of a corruption charge: attempting to extract inside information from a judge. Sarkozy faces another trial on March 17, accused of illegal campaign financing. ....

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CEFC offers US$127.6 million debt finance for 300MW Victoria energy storage project

Published: 25 Feb 2021, 15:03
By:
Edith Hancock
An artist s impression of the VBB storage project set to come online in Victoria later this year. Image: Neoen
Australia’s Clean Energy Finance Corporation (CEFC) has invested AU$160 million (US$127.6 million) in a 300MW battery storage project near Geelong, Victoria.
Acting on behalf of the Australian government, CEFC will fund the construction, design and operation of the Neoen 300MW / 450MWh Victorian Big Battery (VBB), set to be among the largest energy storage facilities in the world, through a senior debt facility. The project will also be funded by Neoen equity.
The VBB joins a growing number of battery energy storage projects that have secured debt financing on their construction in recent months. US utility-scale developer Key Capture Energy secured US$93.3 million debt financing for a portfolio of six projects in Texas at the start of February, while independent power producer sPower ....

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