Total Q3 investment in the sector came in at $5.6bn, according to figures from US consultancy Mercom. including venture capital funding and other equity financings, debt financings and announced project financing deals.

Brazilian utility Cemig’s $621m investment in developer Renova Energia; Marubeni ’s $133m buy-in to Irish developer Mainstream Renewable Power and the $52m raised by wind developer Rabbalshede Kraftwerk were the stand-out venture capital deals in the quarter.

Total