Spain's Powertis to build over 150 MW of solar parks in Denmark

September 16 (Renewables Now) - Spanish firm Powertis SA has announced its entry into the Danish market with the intent to develop more than 150 MW of solar photovoltaic (PV) projects in the Scandinavian country. The company, a subsidiary of Soltec Power Holdings SA (BME:SOL), is planning to install the...
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Housing Is Less Affordable Than Ever For Young Women

In 2019 the Women’s Budget Group found that just as there is a gender pay gap in England, women also face a gender housing gap. After conducting national research, they found that there was not a single place in the country where it was affordable for the average woman to buy or rent a home of her own.
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Opdenergy inaugurates 50-MW wind farm in Chile

September 15 (Renewables Now) - Spain’s Opdenergy Holding SA has inaugurated the 50-MW La Estrella wind park, it’s first in Chile and located in the O’Higgins region. La Estrella consists of 11 turbines supplied by Siemens Gamesa Renewable Energy SA (BME:IBE), the company announced on Tuesday. The wind park is...
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AES Brasil ponders follow-on stock offering

September 15 (Renewables Now) - Brazilian energy company AES Brasil Energia SA (BVMF:AESB3) announced on Monday it is studying the possibility of a follow-on share offering. The company has already started talks with certain financial institutions and its international affiliates to evaluate the feasibility of the move. The list includes...

SIX Has Successfully Completed The Placement Of Its First CHF Bond

SIX today placed its first senior unsecured CHF bond with a total volume of CHF 450 million and maturity in 2029 via its holding company SIX Group Ltd. The Company will use the net proceeds of the bond placement for the refinancing of its outstanding bridge facility associated with the acquisition of BME, which operates all equity markets and official financial systems in Spain, and for general corporate purposes.

Solarpack's net profit erodes in H1 2021

September 13 (Renewables Now) - Spanish solar company Solarpack Corporacion Tecnologica SA (BME:SPK) saw its net profit for the first half of 2021 sink to around EUR 100,000 (USD 117,800), down from EUR 4.8 million recorded in the same period a year ago. Earnings before interest, taxes, depreciation and amortisation...

Spain's Soltec secures order for 700 MW of solar trackers in US

September 14 (Renewables Now) - Spain’s Soltec Power Holdings SA (BME:SOL) is set to supply 700 MW worth of solar trackers under a newly signed contract with US construction contractor Moss & Associates LLC. The equipment will be used in the installation of two solar PV plants in the US...

BME admits to trading the first green bond in Spain for 5,000 million euros

Today the BME AIAF Market is admitted to trading first green bond issue of the Kingdom of Spain for the amount of 5,000 million euros. The bonds have an annual coupon of 1% and a 20 year term. During the placement process, the offer exceeded the issued volume by 12 times, which has made it possible to reduce the differential with respect to the Treasury Obligation benchmark for the same term and contributes to lowering the average cost of financing its global portfolio to 1.65%.
Finger Lakes Times

Geneva Chamber celebrates BME expansion

GENEVA — The Geneva Area Chamber of Commerce will host a Member Milestone Celebration for one of its newest members, BME Associates, from 4-6 p.m. Sept. 15. The event will honor the grand opening of the Geneva office expansion for the Fairport-based company. BME Associates, which was founded in 1988,...

London midday: Stocks maintain losses as US inflation eyed

London stocks were still a little lower by midday amid weakness in the mining sector, as investors mulled the latest UK jobs data and looked ahead to US inflation figures. The FTSE 100 was down 0.3% at 7,048.70. Chris Beauchamp, chief market analyst at IG, said: "2021 has been consistent...

FTSE 100 movers: Royal Mail rallies; AB Foods retreats

London’s FTSE 100 was up 0.7% at 7,076.34 in afternoon trade on Monday. Royal Mail was the standout gainer following news that the Post Office will begin handling packages for Amazon. CMC Markets analyst Michael Hewson said: "Since its May peaks, Royal Mail shares have declined over 15% over concerns...

Grenergy inks PPA for 150-MWp solar project in Spain

September 13 (Renewables Now) - Spanish renewables company Grenergy Renovables SL (BME:GRE) has signed a power purchase agreement (PPA) to unload around 200 GWh of solar energy per year to an Iberian off-taker. Grenergy said on Sunday that the PPA is tied to its 150-MWp Belinchon solar PV project located...
San Diego Business Journal

Fluidra Pays $240 Million for Oregon Competitor

Carlsbad-based resumed its acquisition spree with the $240 million purchase earlier this month of S.R. Smith, an Oregon-based swimming pool equipment manufacturer. The deal, announced Sept. 1, solidifies Fluidra’s position as one of the dominant players in the booming ($4 billion in annual sales) U.S. pool and spa equipment industry.
Life Style Extra

FTSE 100 17:00 PM Market Update - 14/09/2021

ITV (ITV) was a much traded share, with roughly £1,759.3m (0.392%) worth of shares being bought and sold. Overall, 32% of the companies in the FTSE 100 Index were up, and 68% were down; giving a negative summary of the day so far. Some of the top risers include JD...
Life Style Extra

London close: Stocks fall as investors mull UK jobs, US inflation data

(Sharecast News) - London stocks ended down on Tuesday, led lower by weakness in the mining sector as investors mulled the latest UK jobs and US inflation data. The FTSE 100 closed 0.5% lower at 7,034.06. Joshua Mahony, senior market analyst at IG, said: "Global stocks have failed to maintain...