For personal use only
|
|
- Lester Berry
- 7 years ago
- Views:
Transcription
1 ASX ANNOUNCEMENT FINANCIAL CLOSE OF TARALGA WIND FARM TOTAL DEBT $175,000,000 FEDERAL GOVERNMENT S CLEAN ENERGY FINANCE CORPORATION TO PROVIDE $37.5M CO-LENDERS ANZ & EKF CBD Energy Limited (CBD) is pleased to announce the Taralga Wind Farm project has reach financial close. CBD Executive Chairman Gerry McGowan said This is the culmination of our vision to be a diversified renewable energy company. Being involved in wind generation, as well as solar, is an important component of this strategy. Developing a project of this size and scale demonstrates the capabilities of CBD and its people McGowan said. CBD owns 10% of the project and has been leading the commercialisation of the project over the past eighteen months. CBD will retain an on-going role and act as the Owners Project Manager with an ongoing Owners Facility Management role. CBD has previously announced that: Banco Santander has purchased 90% of the project and will provide the equivalent equity. Vestas has been selected as turbine supplier and EPC contractor. Downer EDI will construct the transmission line to connect the wind farm to the grid. Energy Australia will purchase the energy and associated Renewable Energy Certificates generated from the wind farm. Debt to the project is being provided by: EFK (Eksport Kredit Fonden) $100,000,000, ANZ Banking Group $37,500,000 Clean Energy Finance Corporation $37,500,000
2 Importantly, the debt provided by EKF is for 18 years which reduces refinancing risk for the project. The Clean Energy Finance Corporation (CEFC) investment is facilitating the use of Australian engineered and built towers aiding the further development of local market manufacturing capability. CEFC CEO Oliver Yates said The CEFC is delighted to participate in this transaction with CBD Energy by providing senior debt finance and helping involve and demonstrate Australia s capability across the whole value chain of the clean energy sector. Our involvement has helped facilitate the project s use of Australian engineered and sourced wind towers from Keppel Prince Engineering, based in Portland, Victoria. Keppel Prince Australia Managing Director Steve Garner said We have been working closely with CBD over the past year as we both wanted to ensure Australian manufactured towers were utilised in this important project. CEFC have played a pivotal role in ensuring this goal was realised. EKF is Denmark s official export credit agency. EKF helps Danish companies to attract customers from abroad to buy goods and services originating in Denmark. The long-term debt provided by EKF adds significant value to the project. EKF Senior Underwriter Pia Bastrup said EKF has provided a guaranteed loan through its ELO program. EKF is Denmark s official export credit agency and globally recognized for its expertise in wind farm financing. EKF helps Danish companies to attract customers from abroad to buy goods and services from Denmark by providing innovative financing. Project equity of approximately $105,000,000, is being provided by Banco Santander and CBD. CBD s Gerry McGowan said Santander is the largest bank in Europe and is a major investor in the clean energy sector. We have established a close working relationship with them which has resulted in such a good result for the project. The $280,000,000 Taralga wind farm is located in South Western New South Wales and is megawatts in size. The wind farm, when complete will supply power to approximately 45,000 homes and is estimated to avoid Australian carbon emissions of 250,000 tonnes a year. The project will take 18 months to construct and is planned for commissioning in the first 4 th quarter 2014.
3 Key Facts: Taralga wind farm Location: Approximately 235km SW of Sydney Total construction cost: Approximately $280,000,000 Contractors: Vestas / Downer EDI Turbines: 51 Total: 21 V MW 21 V90 1.8MW 9 V90 3.0MW Capacity: megawatts Average wind speed: 7.4 m/s Capacity factor: approximately 31% Construction schedule: 18 months Grid connections: 132kV at Marulan (Transgrid) Land holders: 9 Employment: 10 full time About CBD Energy (ASX:CBD) CBD is Australia's emerging leader in renewable energy, enabling the efficient use of renewable energy for utilities, businesses and households through operations in wind, solar and engineering. It has become one of the largest non-utility suppliers and installers of solar energy generation equipment for both large- and domestic-scale operation in Australia. Utilising its globally-competitive supply chain, CBD has also developed and installed solar projects in Europe, the United States and Southeast Asia. About Clean Energy Finance Corporation (CEFC): The Clean Energy Finance Corporation (CEFC) has been established by the Australian Government to mobilise capital investment in renewable energy, low-emissions technology and energy efficiency in Australia. The CEFC s flexible mandate and commercial approach provide an opportunity to achieve genuine market-based change by helping overcome the financial barriers that have previously prevented clean energy investment at scale. About Eksport Kredit Fonden (EKF): EKF is Denmark s official export credit agency. We help Danish companies to make it possible and attractive for customers abroad to buy products and services from Denmark. We do this by insuring Danish exporters against the potential financial and political risks of trading with other countries. With EKF to bear the risks, companies enjoy far better prospects for securing financing for their business transactions on competitive terms and for selling their products and services on credit, which is often a critical success factor in international trade. A guarantee from EKF may therefore be what decides whether or not a Danish company wins or retains an order abroad. We are the only organisation in the Danish market to offer insurance against the risks that are not covered by the private sector. EKF was established in 1922 as just the third export credit agency in the world. Our full name is Eksport Kredit Fonden (EKF), but for convenience we call ourselves EKF. About ANZ Banking Group: Our history dates back over 175 years. We are committed to building lasting partnerships with our customers, shareholders and communities in 32 countries in Australia, New Zealand, throughout Asia and the Pacific, and in the Middle East, Europe and America. We provide a range of banking and financial products and services to around 8 million customers. We employ 48,000 people worldwide.
4 FACT SHEET CEFC supports Taralga Wind Farm Financing $37.5 million senior debt finance from CEFC (project cost approximately $280 million) SUMMARY The Clean Energy Finance Corporation (CEFC) is providing $37.5 million in senior debt finance of approximately $280 million financing package for the construction and operation of the Taralga Wind Farm, 45 km north of Goulburn, NSW. The project involves construction for 51 Vestas wind turbines, with a 10-year Power Purchase Agreement (PPA) with Energy Australia to supply the grid. The CEFC is a co-lender as part of an international consortium of Australian and overseas financiers. The other parties are ANZ, with EKF, the official export credit agency of Denmark, and the primary equity sponsor for the project, Banco Santander, a major international retail and commercial bank based in Spain, along with CBD Energy. The project is fully permitted and construction is now getting underway. PROJECT IMPACT The Taralga Wind Farm will have the capacity to generate 106.8MW of wind power and supply power to approximately 45,000 homes. It is estimated to avoid Australian carbon emissions by 250,000 tonnes a year. Transitioning to a low carbon economy will require a significant transformation of the electricity sector. Renewable energy sources such as wind as well as solar, geothermal heat and wave power will have a key role in moving Australia to the clean economy of the future. Australia has some of the world s best wind resources and CEFC is playing its part in helping drive innovation and investment in this sector. One typical (2 MW) wind turbine in Australia can be expected to produce over 6000 megawatt hours of electricity each year. If this replaces coal-fired power, then the CO2 released to the atmosphere will be reduced by 6000 tonnes each year, if it replaces oil or gas-fired power, CO2 released each year is reduced by about 3000 tonnes....continued 1
5 FACT SHEET Project Impact continued... CEFC s financing was important in helping enable the transaction to proceed, bringing in new investors, ensuring efficient market pricing and participation of other financiers. CEFC investment is facilitating use of Australian-engineered and built towers aiding the further development of local market manufacturing capability and supply chain scale, helping its competitiveness and to position the sector for long term growth. FINANCE Santander and CBD Energy are the project sponsors and are providing equity finance. Santander and CBD Energy will fund 35% of the capital costs. ANZ and EKF are co-lenders along with the CEFC. The CEFC will be providing senior debt finance of $37.5 million towards the total project cost of approximately $280 million. The Taralga Wind Farm will have the capacity to generate 106.8MW of wind power and supply power to approximately 45,000 homes. The joint venture between CBD Energy and Banco Santander combines the considerable experience of Banco Santander, one of the world s leading developers and financiers of renewable energy, and CBD, an entrepreneurial Australian developer of wind and solar assets both in Australia and internationally. This is an important project which demonstrates the role the CEFC can play along with private sector financiers in maturing renewable energy investment in Australia. The project will utilise Australian manufactured towers made in Portland from BlueScope steel. The integrated Australian supply of inputs enabling this project- from materials, through to finished goods, know-how and finance - demonstrates Australia s capability across the whole value chain for the clean energy sector. Oliver Yates CEO, Clean Energy Finance Corporation Gerry McGowan CEO and Executive Chairman, CBD Energy Transitioning to a low carbon economy will require a significant transformation of the electricity sector. Renewable energy sources such as wind as well as solar, geothermal heat and wave power will have a key role in moving Australia to the clean economy of the future. 2
6 FACT SHEET Banco Santander is the primary equity sponsor. It is a retail and commercial bank based in Spain and a major international bank, the largest in the Eurozone. Banco Santander is a major investor in the clean energy sector globally. It is currently recruiting to establish a permanent presence in Australia. Banco Santander was named Best Bank in the World in 2012 and has about Euro 1.39 trillion of total assets. EKF is a co-lender. It is Denmark s official export credit agency. EKF helps Danish companies to attract customers from abroad to buy goods and services from Denmark by helping to get financing and insuring against the potential financial and political risks of trading with other countries. The Clean Energy Finance Corporation (CEFC) has been established by the Australian Government to mobilise capital investment in renewable energy, low-emissions technology and energy efficiency in Australia. The Taralga wind farm project s decision to use Australian engineered and built towers is major boost for the Australian wind engineering sector. This project comes at a critical juncture for the development of the Australian wind tower industry, helping it to maintain competitiveness and assisting it position for potential for growth in the coming years. Stephen Garner General Manager, Keppel Prince Engineering The CEFC s flexible mandate and commercial approach provide an opportunity to achieve genuine market-based change by helping overcome the financial barriers that have previously prevented clean energy investment at scale. Learn more at Clean Energy Finance Corporation Suite 1702, 1 Bligh Street Sydney, NSW 2000 Australia ABN: e info@ t i
CEFC financing first for major Western Australian waste-to-gas project
CEFC financing first for major Western Australian waste-to-gas project Up to $50 million CEFC co-finance to convert municipal, commercial and industrial waste into energy using world-leading Australian
More informationCEFC finance supports Australian solar PV manufacturer
CEFC finance supports Australian solar PV manufacturer Up to $20 million senior debt finance from CEFC to expand access to solar PV SUMMARY The Clean Energy Finance Corporation (CEFC) is providing up to
More informationESBI Carbon Solutions. Partnering with Countries to Achieve their Full Carbon Credit Potential
ESBI Carbon Solutions Partnering with Countries to Achieve their Full Carbon Credit Potential ESB International ESB International (ESBI) is a growing international energy company and one of Europe s leading
More informationWE RE HERE TO CHANGE BUSINESS ENERGY IN AUSTRALIA FOREVER.
BUSINESS ELECTRICITY CAN BE BETTER. MUCH BETTER. ERM POWER HAS BEEN A QUIET ACHIEVER IN THE ENERGY INDUSTRY FOR MORE THAN 30 YEARS. WE SPECIALISE IN SELLING ELECTRICITY TO BUSINESS CUSTOMERS AND HAVE GROWN
More informationGreen Financing Forum Oliver Yates, Chief Executive Officer September 2015. CEFC Mission
Green Financing Forum Oliver Yates, Chief Executive Officer September 2015 CEFC Mission Accelerate Australia's transformation towards a more competitive economy in a carbon constrained world, by acting
More informationDesign Features of the Clean Energy Finance Corporation
Design Features of the Clean Energy Finance Corporation Clean Energy Council March 2012 Contents Executive Summary...i 1 Vision and mission... 1 2 Key barriers and gaps in financing clean energy... 3 3
More informationGE Kirby Anderson Policy Leader Energy Infrastructure
GE Kirby Anderson Policy Leader Energy Infrastructure GE Energy Australia & New Zealand Level 18 127 Creek Street CITY QLD 4000 0457 507 389 kirby.anderson@ge.com December 12, 2011 Secretariat Clean Energy
More informationSOLAR PROJECT FINANCING: Case Studies & Emerging Market Trends Rory Lonergan, Director Corporate and Project Finance. CEFC Mission
SOLAR PROJECT FINANCING: Case Studies & Emerging Market Trends Rory Lonergan, Director Corporate and Project Finance Clean Energy Finance Corporation CEFC Mission Accelerate Australia's transformation
More informationPrivate Wealth and Investment Management
Private Wealth and Investment Management PhillipCapital has a winning combination of experience, insight and value to offer investors. To become a client and access a full range of services, call us on
More informationFamer Engin dogeng@um.dk EKF
Famer Engin dogeng@um.dk EKF SLIDE 2 Denmark s official export credit company 90 years of experience Owned and guaranteed by the Danish State (AAA-rated) Operates on commercial terms SLIDE 3 Guarantee
More informationRenewable Choice Energy
Catawba College Table of Contents About Renewable Choice The Problem: Electricity Production Today The Solutions: Renewable Energy Sources Renewable Energy Credits (RECs) Who can participate in Renewable
More informationFinancial Mechanisms and Policies Oriented towards the development of Renewable Energy Markets. Mexico City, 28 November 2007
Financial Mechanisms and Policies Oriented towards the development of Renewable Energy Markets Mexico City, 28 November 2007 Index I. Santander I Financing Drivers I Market Drivers IV. Example: Refit V.
More informationAustralian Institute of Energy AGM
Australian Institute of Energy AGM 26 November 2013 Clean Energy Finance Corporation CEFC A statutory Corporation which invests in clean energy to mobilise capital investment in renewable energy, low-emission
More informationOne of Australia s fastest growing energy retailers with some 500,000 electricity and gas customer accounts."
One of Australia s fastest growing energy retailers with some 500,000 electricity and gas customer accounts." Keeping energy simple since 2005 Since 2005, Simply Energy has been providing electricity and
More informationGeodynamics A Diversified Clean Energy Company
Geodynamics A Diversified Clean Energy Company Australian Micro Cap Investment Conference 20 October 2015, Melbourne Presenter: Geoff Ward Managing Director & CEO 1 Important Information Disclaimer The
More informationPresentation of Grupo ACS. September 2009
Presentation of Grupo ACS September 2009 Strategic vision A global leader in infrastructure development In the fields of civil and industrial engineering activities With sustainable and profitable growing
More informationRenewable Electricity Generation in Scotland
Renewable Electricity Generation in Scotland Renewable electricity output 2020 target of 100% (blue line marks progress) Major success - 400% increase in renewable electricity output over 10 years. Scotland
More informationIDBI Green Bond Framework
IDBI Green Bond Framework Background IDBI Bank Ltd. is a Universal Bank with its operations driven by a cutting edge core Banking IT platform. The Bank offers personalized banking and financial solutions
More informationThere s power in wind: fact sheet
There s power in wind: fact sheet Why do we need clean energy? Australia s clean energy future The climate is changing. The majority of climate scientists from around the world confirm greenhouse gases
More informationThe Role of a Pension Fund in Renewable Energy Investments. Transformational NAMA in the Renewable Energy Sector May 2013
The Role of a Pension Fund in Renewable Energy Investments Transformational NAMA in the Renewable Energy Sector May 2013 PensionDanmark at a Glance Industry-wide pension fund established in the early 1990
More informationRenewable Energy. IFC s Approach. September 2011
Renewable Energy IFC s Approach September 2011 Table of Contents IFC Who We Are, What We Do IFC and Renewable Energy Investment Experience and Deal Criteria Other IFC Products and Services 2 IFC Who We
More informationFinancing of Wind Projects: IFC s Perspective. Walid Labadi 2nd IEL-ANADE May, 2012
Financing of Wind Projects: IFC s Perspective Walid Labadi 2nd IEL-ANADE May, 2012 IFC was established in 1956 to promote private sector development and is a member of the World Bank Group IFC Power Sector
More informationVESI JA ENERGIA VIENTITUOTTEENA. Fortum Miko Olkkonen Senior Executing Manager, Hydro Projects Fortum Power & Heat Oy
VESI JA ENERGIA VIENTITUOTTEENA Fortum Senior Executing Manager, Hydro Projects Fortum Power & Heat Oy Fortum s strategy relies strongly in Hydro Mission Fortum s purpose is to create energy that improves
More informationSome highlights of the South Australia study include: A large untapped resource: The modelling results show strong growth in
South Australia has enough clean energy potential to power homes remove pollution equivalent to cars create 3,000,000 450,000 5,000 new jobs Australia is in the early stages of a clean energy boom, with
More informationOverseas Direct Investment ANALYSIS & INSIGHTS
Overseas Direct Investment ANALYSIS & INSIGHTS What is overseas direct investment (ODI)? ODI refers to investment by Australian companies in business operations overseas. This can take the form of a new
More informationWIND AND RENEWABLE ENERGY
WIND AND RENEWABLE ENERGY Integrating Wind and Hybrid Generation for Energy Security SA Cities Network Spier 14 May 2008 Bulk generation technologies Challenge is to think creatively and develop new partnerships
More informationBRIEFING PAPER: GROWING QUEENSLAND COMMUNITY ENERGY
BRIEFING PAPER: GROWING QUEENSLAND COMMUNITY ENERGY INTRODUCTION Community energy groups in Queensland have developed this briefing paper with support from the Community Power Agency. The briefing paper
More informationBusiness Policy of CEZ Group and ČEZ, a. s.
Business Policy of CEZ Group and ČEZ, a. s. Contents: Introduction 1. CEZ Group mission and vision 2. Scope of business of CEZ Group 3. Business concept Guiding principles Trade Generation Electricity
More informationPRESS RELEASE. Ana Botín: Santander is well positioned to face the challenges. We will lead change GENERAL SHAREHOLDERS MEETING
PRESS RELEASE GENERAL SHAREHOLDERS MEETING Ana Botín: Santander is well positioned to face the challenges. We will lead change Banco Santander has room for growth within our customer base and in our ten
More informationWind farm Developments in South Australia: Select Committee Inquiry
Wind farm Developments in South Australia: Select Committee Inquiry Introduction REpower Australia is a leading provider of grid connected wind farms in Australia. We directly employ over 170 people, and
More informationAreva & Gamesa Joint Venture: Creation of an Offshore Wind Leader
Areva & Gamesa Joint Venture: Creation of an Offshore Wind Leader 7 July 2014 1 Resumen Ejecutivo 1. Transaction Overview 2 Summary Areva and Gamesa have entered into an agreement to form a 50%/50% Joint
More informationResponse to the Energy White Paper Issues Paper PREPARED BY EMC ENGINEERING FOR THE AUSTRALIAN GOVERNMENT DEPARTMENT OF INDUSTRY
Response to the Energy White Paper Issues Paper PREPARED BY EMC ENGINEERING FOR THE AUSTRALIAN GOVERNMENT DEPARTMENT OF INDUSTRY i P a g e www.energym adeclean.com CONTENTS
More informationPort Jackson Partners
Port Jackson Partners NOT JUST A CARBON HIT ON ELECTRICITY PRICES Many factors will drive a doubling of electricity prices in many states by 15. This will have a major impact on virtually all businesses.
More informationOwnership Models and Economic Impacts of Wind Energy. Baker County Wind Summit March 2009
Ownership Models and Economic Impacts of Wind Energy Baker County Wind Summit March 2009 Oregon Power Solutions Established in 2003 to provide consulting and contracting services to wind energy industry
More informationAlternative Investments The PensionDanmark Way. March 26 th 2015 The Danish Securities Dealers Association CEO Torben Möger Pedersen
Alternative Investments The PensionDanmark Way March 26 th 2015 The Danish Securities Dealers Association CEO Torben Möger Pedersen PensionDanmark at a Glance 660,000 members Member profile by industry:
More informationPRESENTATION OF IFU. Energipolitisk Konference 27/03/2014. Torben Huss Executive Vice President
PRESENTATION OF IFU Energipolitisk Konference 27/03/2014 Torben Huss Executive Vice President 1 WHAT IS IFU? IFU is a self-governing fund established by law in 1967 Purpose: To promote economic activity
More informationNATURAL GAS - WHY SO LITTLE RECOGNITION?
NATURAL GAS - WHY SO LITTLE RECOGNITION? Steve Davies Policy Adviser Australian Pipeline Industry Association Overview Natural Gas in Australia Real energy contribution Natural gas can help in many ways
More informationWIND AND SOLAR ENERGY DEVELOPMENTS IN IRAN
WIND AND SOLAR ENERGY DEVELOPMENTS IN IRAN H. Kazemi Karegar a,b, A.Zahedi a,v. Ohis a, G. taleghani b and M. Khalaji b a Department of Electrical & Computer Systems Engineering, PO Box 35, Monash University,
More informationHow KASIKORNBANK Plans to Support Green Projects
How KASIKORNBANK Plans to Support Green Projects Clean Power Asia 29-30 April 2013, Bangkok Thongchai Kangvanchai KASIKORNBANK Pcl. 1 Content Government s Policy of Promoting Green Energy KBank s Green
More informationC I CSI EUROPE CASE STUDY ELENA EUROPEAN LOCAL ENERGY ASSISTANCE URBACT II A CSI EUROPE CASE STUDY ON TECHNICAL ASSISTANCE
S C I Making financial instruments work for cities CSI EUROPE CASE STUDY ELENA EUROPEAN LOCAL ENERGY ASSISTANCE A CSI EUROPE CASE STUDY ON TECHNICAL ASSISTANCE URBACT II ELENA - EUROPEAN LOCAL ENERGY ASSISTANCED
More informationpetratherm Explorer and Developer of Geothermal Energy Renewable Energy 2007 Impetus for Economic Energy Market Transformation REGA Forum
Renewable Energy 2007 Impetus for Economic Energy Market Transformation REGA Forum Economic Challenges for Geothermal Energy in Australia Presented By: Terry Kallis, Managing Director Explorer and Developer
More informationEnergy Finance in the Middle East: Uncertainties and Opportunities Maamari Auditorium, OSB AUB, 22 January 2016
American University of Beirut (AUB) The Munib and Angela Masri Institute of Energy and Natural Resources Energy Finance in the Middle East: Uncertainties and Opportunities Maamari Auditorium, OSB AUB,
More informationFinancing Renewables and Energy Efficiency Projects in Developing Countries
Mobilising Private Capital to reduce Climate Change Instruments and Policies to mobilise International Green Energy Investment Berlin June 29-30, 2010 Financing Renewables and Energy Efficiency Projects
More informationQ2.15: Cleantech and Renewable Energy Investment Review
Q2.15: Cleantech and Renewable Energy Investment Review 02 Welcome to Taylor Wessing s analysis of clean energy investment activity in Europe in the second quarter of 2015 (Q2.15). Total investment in
More informationFinancing renewable energies. The role of the banking sector
Financing renewable energies The role of the banking sector Milan, 20 June 2014 UniCredit at a glance Key figures (March 2014) UniCredit is a leading European commercial bank with an international network,
More informationBanking on Renewables
RURAL INFRASTRUCTURE BRIEFINGS Banking on Renewables These Briefings showcase different facets of the rural infrastructure industries: power, energy, and utilities; water utilities; and communications.
More informationFor personal use only
30 April 2015 Market Announcements Platform ASX Limited Exchange Centre 20 Bridge Street Sydney NSW 2000 Quarterly cash flow statement Independent clean tech retailer Solco Limited (ACN 084 656 691) (Solco)
More informationInvestec Power Finance. Solar Energy UK. Large-scale Solar Finance and Maximising your RoI
Investec Power Finance Solar Energy UK Large-scale Solar Finance and Maximising your RoI From start to finish: Construction finance and fundraising for new solar farms 8 October 2013 Disclaimer This document
More informationFact Sheet on China s energy sector and Danish solutions
Fact Sheet on China s energy sector and Danish solutions 1. EXPANSION WITH RENEWABLE ENERGY: China focuses on a massive expansion with non fossil energy that is renewable energy and nuclear energy. The
More informationOptions for financing biogas plants
IEE Project BiogasIN Options for financing biogas plants D.5.5, WP 5 Dominik Rutz Erik Ferber WIP Renewable Energies Sylvensteinstr. 2 81369 Munich, Germany February 2011 Contents 1. Introduction... 3
More informationAPO COE on GP Model: Green Energy. Dr. Jyh-Shing Yang Senior Supervisor Industrial Technology Research Institute
APO COE on GP Model: Green Energy Dr. Jyh-Shing Yang Senior Supervisor Industrial Technology Research Institute Presentation Outline Taiwan Green Energy Achievements Green Energy Technical Services Future
More informationBusting Myths about Renewable Energy
Symposium on Renewable Energy: the Future for Australia, UNSW 15 April 2014 Busting Myths about Renewable Energy Dr Mark Diesendorf Institute of Environmental Studies University of New South Wales Sydney,
More informationAcquisition of ADX Management. IMI expands proposed Data Centre Management Strategy
ASX Release 26 August 2014 Acquisition of ADX Management IMI expands proposed Data Centre Management Strategy IMI has entered into an agreement to acquire ADX Management Pty Ltd The proposed acquisition
More informationCOFELY DISTRICT ENERGY DELIVERING LOW CARBON SUSTAINABLE ENERGY SOLUTIONS
COFELY DISTRICT ENERGY DELIVERING LOW CARBON SUSTAINABLE ENERGY SOLUTIONS UK s largest provider of Direct Energy schemes COFELY District Energy is the UK s largest district energy company serving users
More informationPattern Energy and its 115MW El Arrayan wind project - CHILE. May 2012
Pattern Energy and its 115MW El Arrayan wind project - CHILE May 2012 Agenda Pattern Energy Overview How to find a 38.4% NCF wind project in Chile And how to build it (hint: successful partnerships) Operating
More informationAustralian Remote Renewables: Opportunities for Investment
Australian Remote Renewables: Opportunities for Investment The largely untapped remote clean energy market and funding support available from the Australian Government creates an attractive opportunity
More informationPG&E and Renewable Energy. Chuck Hornbrook Senior Manager Solar and Customer Generation
PG&E and Renewable Energy Chuck Hornbrook Senior Manager Solar and Customer Generation PG&E and our Business What we do: Deliver safe, reliable, and environmentally responsible gas and electricity to approximately
More informationThe Future of Renewables. Stuart Pocock Chief Operating Officer
The Future of Renewables Stuart Pocock Chief Operating Officer Who we are The REA was established in 2001 as a not-for-profit trade association, representing British renewable energy producers and promoting
More informationRENEWABLE ENERGY INDUSTRY DEVELOPMENT STRATEGY
RENEWABLE ENERGY INDUSTRY DEVELOPMENT STRATEGY RENEWABLE ENERGY INDUSTRY DEVELOPMENT STRATEGY OBJECTIVE The ACT Renewable Energy Industry Development Strategy (the Strategy) has been developed to accelerate
More informationGOOGLE, ITOCHU AND SUMITOMO JOIN GE AND DEVELOPER CAITHNESS ENERGY AS OWNERS OF WORLD S LARGEST WIND FARM, IN OREGON
GOOGLE, ITOCHU AND SUMITOMO JOIN GE AND DEVELOPER CAITHNESS ENERGY AS OWNERS OF WORLD S LARGEST WIND FARM, IN OREGON ARLINGTON, Ore., April 18, 2011 Expanding their renewable energy portfolios, three global
More informationSmart energy, clean energy, today s energy. The. Mariah. wind power project
Smart energy, clean energy, today s energy The Mariah wind power project The Mariah project at a glance The Mariah Project is developed by Scandia Wind Southwest LLC, a joint venture company owned by Havgul
More informationCase Study: The Accomplishments and Shortcomings of Australia s Renewable Energy Target: A Pure Market-Based Support Mechanism
RENEWABLE ENERGY INVESTORS AND FINANCIERS Case Study: The Accomplishments and Shortcomings of Australia s Renewable Energy Target: A Pure Market-Based Support Mechanism Lessons for Other Jurisdictions
More informationPowering NSW. March 2009
Powering NSW March 2009 Executive Summary The NSW Business Chamber is concerned about the future of electricity supply in NSW. The failure to privatise the electricity generators in NSW means the State
More informationKnowledge Sharing Plan ERP Projects Template
Knowledge Sharing Plan ERP Projects Template [Before you start: Under the Australian Renewable Energy Agency Act 2011 (Cth), ARENA is required to promote the sharing of information and knowledge about
More informationAn IFSA guide to understanding managed investments
Getting the edge with managed funds An IFSA guide to understanding managed investments MAY 2007 >> PAGE 1 OF 6 Over nine million Australians have over $1 trillion invested in managed investments. This
More informationThe role of business in scaling up community energy
The role of business in scaling up community energy Welcome Will Dawson Head of Energy Adriano Figueiredo Operations Director Ramsay Dunning General Manager Asking questions, making comments Please send
More informationRenewable Energy in Egypt. October 2013
Renewable Energy in Egypt October 2013 Contents National Bank of Egypt NBE Vision & Strategy Finance Incentives Wind Farm Energy Solar Energy Potential role of NBE 2 NBE stands on very solid pillars Oldest
More informationFor personal use only
Attention ASX Company Announcements Platform Lodgement of Open Briefing ASX ANNOUNCEMENT: 8 February 2012 CEO and CFO on Half Year Results and Outlook Open Briefing with and CFO Martin Brooke Talent2 International
More informationEnergy Productivity & Pricing
Energy Productivity & Pricing Markets for energy, renewable energy and carbon Dr Jenny Riesz February 2014 2 Average electricity retail prices Electricity price rises CSIRO Future Grid (2013) Change and
More informationESBI Company Profile. ESB International. Bringing Energy Innovation to the World...
ESBI Company Profile ESB International Bringing Energy Innovation to the World... ESB International ESBI is one of Europe s most progressive and commercially focused electricity consultancy firms with
More informationSOLARRESERVE, KENSANI AND INTIKON COMPLETE $260 MILLION SOLAR PROJECT FINANCING WITH KEY INVESTMENT FROM GOOGLE AND THE PIC
FOR IMMEDIATE RELEASE SOLARRESERVE, KENSANI AND INTIKON COMPLETE $260 MILLION SOLAR PROJECT FINANCING WITH KEY INVESTMENT FROM GOOGLE AND THE PIC Consortium will build, own and operate the 96 megawatt
More informationBritish Columbia s Clean Energy Vision
British Columbia s Clean Energy Vision Innovative Technologies and Green Energy Solutions National Environmental Conference Brunei Darussalam July 1, 2010 Profile of British Columbia Overview British
More informationFor personal use only
Lodged by ASX Online 31 January 2011 The Manager Company Announcements Office ASX Limited Level 4, 20 Bridge Street Sydney NSW 2000 Dear Sir/Madam APPENDIX 4C: QUARTERLY COMMITMENTS REPORT We attach the
More informationRenewable Energy Market Conditions and the 1705 Loan Guarantee Program
Renewable Energy Market Conditions and the 1705 Loan Guarantee Program The US Partnership for Renewable Energy Finance (US PREF) has prepared the following brief summary of changes in the marketplace for
More informationFACT SHEET. NEM fast facts:
(NEM) operates on one of the world s longest interconnected power systems, stretching from Port Douglas in Queensland to Port Lincoln in South Australia and across the Bass Strait to Tasmania a distance
More informationSale of Fortum s electricity distribution business in Sweden
Sale of Fortum s electricity distribution business in Sweden Disclaimer This presentation does not constitute an invitation to underwrite, subscribe for, or otherwise acquire or dispose of any Fortum shares.
More informationACCIONA Solar, A world leader in Solar Energy
ACCIONA Solar, A world leader in Solar Energy Index ACCIONA, a world leader in Solar Energy 1. ACCIONA, pioneers in development and sustainability 2. ACCIONA Energy, leader in renewable energies 3. ACCIONA
More informationClean Energy Project Financing. March 5, 2012
Clean Energy Project Financing March 5, 2012 Disclaimer This presentation is solely for discussion purposes. In preparing this presentation, we, KASIKORNBANK PLC. ( KBank ) have made crucial assumptions
More informationThe Board, the Committees and the Company.
Communication Policy Level: Board Policy no: BRD-BP-004 Version no: 2.0 Approved by: Board POLICY PURPOSE SCOPE The Company is committed to promoting effective communication with its shareholders and the
More informationCasper Wind Power Project Using Our Land Wisely
Casper Wind Power Project Using Our Land Wisely Chevron Global Power Company The solutions are not either/or. It s not a choice between more drilling or more efficiency. It s not a choice between coal
More informationBusiness and Strategy Update. 27 April 2010
Business and Strategy Update 27 April 2010 1 Agenda Contents Retention of US Business Outcome of German and French Asset Sale Processes Focus on Growth in Australia Distribution Guidance and Policy Presenter:
More informationRole of Natural Gas in a Sustainable Energy Future
Role of Natural Gas in a Sustainable Energy Future Alexander Medvedev, Deputy Chairman of Gazprom Management Committee, Director General of Gazprom Export 2 nd Ministerial Gas Forum Doha, 30 November 2010
More informationBiomass Supply Chains in South Hampshire
Biomass Supply Chains in South Hampshire 1 Executive Summary This report provides an analysis of how biomass supply chains could be developed within the area covered by the Partnership for Urban South
More informationPROMOTING RENEWABLE ENERGY THROUGH THE PRIVATE SECTOR
PROMOTING RENEWABLE ENERGY THROUGH THE PRIVATE SECTOR PATRICK WILLEMS IFC EUROPE AND CENTRAL ASIA DEPARTMENT RUSSIA RENEWABLE ENERGY PROGRAM 01 October 2015 IFC: A MEMBER OF THE WORLD BANK GROUP IBRD IDA
More informationWestern Australia and the Northern Territory are not connected to the NEM, primarily due to the distance between networks.
Australia has one of the world s longest alternating current (AC) systems, stretching from Port Douglas in Queensland to Port Lincoln in South Australia and across the Bass Strait to Tasmania a distance
More informationSubmission NSW Inquiry into Regional Aviation Services
Submission NSW Inquiry into Regional Aviation Services Front Cover: TOP: CSU Regional Dental Building, Orange; CSU National Life Sciences Hub, Wagga Wagga BOTTOM: CSU Regional Clinical Simulation Centre,
More informationWho are we? Jens Lohmueller, Credit Union Central of Ontario 3/9/2005
Who are we? Credit Union (CUCO) is the trade organization of Ontario credit unions. We work within a collective network of service locations comparable in size to the major banks. There are over 700 branches
More informationInternational Workshop on Renewable Energy Policies in Developing Countries, November 22-23, 2010 Washington, DC
RENEWABLE ENERGY in MENA Region: Assets and Challenges Mustapha Taoumi, Project Officer, MENA Region Contents 1. Worldwide situation 2. Potential in MENA countries 3. Actual situation 4. Assets 5. Challenges
More informationFor personal use only
ASX/Media Release 4 August 2015 ASX code: SOO Quarterly Business Update Solco Limited (ASX: SOO) (Solco, the Company) is pleased to provide the following commentary in support of its Quarterly Cash flow
More informationCM Capital Markets CREDIT MARKETING FACILITY. CM Capital Markets. Company Profile ENERGY & CARBON EMISSIONS
REDIT MARKETING FAILITY M apital Markets ompany Profile M apital Markets ENERGY & ARBON EMISSIONS M APITAL MARKETS HOLDING, S.A. I N D E X M apital Markets Overview 2 M apital Markets Activities 4 M apital
More informationSaving energy, growing jobs
Saving energy, growing jobs Victoria s energy efficiency and productivity statement June 2015 Contents Minister s foreword 1 Why energy efficiency matters for Victorians 2 Our plan for energy efficiency
More informationWind Energy in Egypt
Wind Energy in Egypt Mohamed Salah Elsobki (Jr.) Energy Efficiency and Renewable Energies Manager Industrial Modernization Programme Adjunct Professor Faculty of Engineering Cairo University Egypt Wind
More informationDANISH DISTRICT ENERGY PLANNING EXPERIENCE
MOWAT ENERGY, A RESEARCH HUB AT THE MOWAT CENTRE, AT THE REQUEST OF THE ONTARIO MINISTRY OF ENERGY FUTURE INNOVATION IN ENERGY PLANNING: A SPECIAL SESSION TO ADVISE ON ONTARIO S LONG-TERM ENERGY FUTURE
More informationScope 2 Accounting Guidance: What it means for corporate decisions to purchase environmental instruments
Scope 2 Accounting Guidance: What it means for corporate decisions to purchase environmental instruments January 2015 Corporate Scope 2 accounting has traditionally been relatively straight forward. Common
More informationP R E S S R E L E A S E
Paris, 5 May 2015 Coface begins 2015 with robust results: increased turnover and profitability in Q1 Growth in turnover : +5.3% at current scope and exchange rates (+2.3% at constant scope and exchange
More informationCompany announcement from. Vestas Wind Systems A/S. Aarhus, 3 February 2014 Company announcement No. 4/2014 Page 1 of 8
Company announcement from Aarhus, 3 February 2014 Company announcement No. 4/2014 Page 1 of 8 Annual report 2013 Revenue, EBIT and free cash flow above expectations Summary: 2013 marked the final year
More informationASFA Policy and Industry Practice
ASFA Policy and Industry Practice Challenges of Financing Infrastructure ASFA Paper May 2011 Association of Superannuation Funds of Australia ASFA Secretariat Level 6 66 Clarence Street Sydney NSW 2000
More informationAmong the leading companies in the world in infrastructure concessions
Press Kit 2015 Among the leading companies in the world in infrastructure concessions Isolux Infrastructure is one of the world s leading infrastructure concession companies. The company, owned by Grupo
More informationAPPLICATION FOR INDIVIDUAL RETAIL EXEMPTION. 8 July 2014. SOLAR PANELS Pty Ltd ACN 169 737 044
APPLICATION FOR INDIVIDUAL RETAIL EXEMPTION 8 July 2014 SOLAR PANELS Pty Ltd ACN 169 737 044 INTRODUCTION Solar Panels Pty Ltd ( Solar Panels ) has developed a 15-year solar Power Purchase Agreement (
More information