Element
Power
has
raised
$183m
in
capital
commitments
for
development
of
its
global
portfolio
of
solar
and
wind
projects,
company
officials
tell
Recharge.
Among
the
financing
sources
are
institutional
and
Spanish
investors,
and
sovereign
wealth
funds.
“We
expect
to
use
these
funds
to
grow
our
wind
and
PV
solar
pipelines
in
the
US,
South
America
and
Europe,
where
we
continue
to
find
attractively
priced
opportunities
that
offer
compelling
risk-adjusted
returns,”
says
Element
Power
executive
chairman
Pedro
Barriuso.
The
company
has
a
presence
in
12
countries,
with
111.5MW
of
wind
and
29.5MW…