Thursday , January 24 2019

Energy

Wartsila bids for Kenya solar contracts

Bloomberg Wartsila Oyj’s East African unit submitted bids for engineering, procurement and construction contracts to develop grid-connected solar farms in Kenya. The East African nation, which has an electricity sup-ply deficit, is boosting production from renewable sources including wind and geothermal as it cuts reliance on expensive diesel-powered plants. There ...

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Greenworks secures $440mn for clean energy real estate

Bloomberg Greenworks Lending, which provides financing to commercial-property owners working to boost building efficiency, has arranged $440 million in funding for sustainability and clean energy. The deals are in three parts: CarVal Investors committed $250 million to fund new projects, along with a $40 million corporate investment, according to a ...

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