Wholesale power generation firm ContourGlobal said full year earnings would be 'modestly' below expectations thanks to delays in closing out an acquisition in Mexico. The company reported adjusted earnings before interest, tax, depreciation and amortisation up 19% from $447m to $531.6m for the period 1 January to 30 September. [...]
Credit Suisse Energy Infrastructure Partners has completed the purchase of a 49% stake in 250 MW of Spanish Concentrated Solar Power capacity from ContourGlobal, Credit Suisse announced May 22. ContourGlobal, a UK-based power plant investment group, purchased the five 50 MW assets from Spain's Acciona last year. The plants are [...]
ContourGlobal Plc (LON:GLO) completed othe sale of a 49% stake in the 250-MW Spanish concentrated solar power (CSP) portfolio it purchased from Acciona in early 2018. The deal was closed for EUR 134 million (USD 149.9m) payable in cash. The buyer is a fund advised by Credit Suisse Energy Infrastructure [...]
ContourGlobal confirmed it was talking to Iberdrola about potentially acquiring a Spanish concentrated solar power plant. The company was responding to press speculation that it was eyeing a 50MW concentrated solar power plant owned by the local utility. Spanish daily El Economista reported that the thermal and renewable power [...]
La Caisse de dépôt et placement du Québec ("CPDQ"), a leading global institutional investor, today announced that it provided CA$150 million (€100 million) in financing to support the acquisition by ContourGlobal Mirror 2 S.à.r.l. ("ContourGlobal") of a portfolio of concentrated solar power ("CSP") assets in Spain. ContourGlobal is a growth platform [...]
ACCIONA has reached an agreement to sell its five solar thermal plants in Spain (with a combined capacity of 250MW) to ContourGlobal plc. The transaction amounts to €1.09 billion, which could increase by €27 million, to €1.12 billion, if certain milestones are met. Once completed, the deal will enable [...]
