Terra Energy Secures MXN$ 500 Million for Solar Expansion; Honeywell & Repsol Forge Strategic Alliance to Revolutionize Biofuel Production and More...

Terra Energy , a leading provider of residential solar energy in Mexico and the United States, has announced the successful closure of a MXN$ 500 million debt facility. This financing is intended to support the company’s three-year growth plan and refinance existing liabilities. The debt facility was provided by Beel Infrastructure Partners, an asset management firm specializing in the financing of real assets. Finergreen served as Terra Energy’s exclusive financial advisor throughout the transaction.

Honeywell and Repsol have announced a strategic collaboration aimed at developing innovative production pathways for biofuels and circular materials. The partnership will explore integrating these new methods into Repsol’s existing facilities to enhance their biofuel production capabilities.

JERA Nex , the global renewable energy division of JERA, has completed its first acquisition in the US solar market by purchasing two significant solar projects from Lightsource bp. The deal, which has passed all regulatory hurdles, marks JERA Nex’s initial foray into American solar assets and comprises the 300MW Oxbow solar farm in Louisiana and the 95MW Happy solar farm in Arkansas.