Wells Fargo Surpasses $10 billion in Tax-Equity Financing of Renewable Energy Projects

As one of the U.S.’s leading clean energy investors, Wells Fargo Renewable Energy & Environmental Finance, or REEF, provides tax-equity financing to utility-scale projects in the wind, solar, and fuel cell sectors. Launched in 2006 — and part of the company’s broader commitment to help accelerate the just transition to a lower-carbon economy — REEF has now provided more than $10 billion in tax-equity financing in support of more than 500 renewable energy projects across the company.  “Wells Fargo believes that climate change is one of the most urgent environmental and social…

Read More

Triodos tops global table as most active lead arranger for financing of renewable energy projects

Triodos Bank has topped the Clean Energy Pipeline Global League Table for number of clean energy deals in 2019, financing 73 deals worth a total $630 million (USD) across Europe. The deals incorporate onshore wind, offshore wind, solar, hydro and energy efficiency projects. This is the fifth year running that Triodos has topped the league table, released this week by Clean Energy Pipeline, demonstrating the bank’s commitment to volume, rather than simply size, of deals. Philip Bazin, energy sector lead at Triodos Bank UK, said: “We are proud to have…

Read More

Amazon Announces Three New Renewable Energy Projects in the US and Spain to Support Amazon’s Pledge to Reach 80% Renewable Energy by 2024 and 100% Renewable Energy by 2030

Amazon have announced three new renewable energy projects in the US and Spain that support Amazon’s commitment to The Climate Pledge and reaching 80% renewable energy by 2024 and 100% renewable energy target by 2030 on its path to net zero carbon by 2040. Amazon is committed to major investments in renewable energy as a critical step toward addressing the company’s carbon footprint globally, and Amazon’s newest renewable energy project in Europe will be the company’s first large-scale project in Spain, located southeast of Sevilla. Once complete, the new solar…

Read More