Today’s renewable energy news includes announcements on Cubico, Energix, Radial Power, among others.
Cubico Refinances 75 MW Renewable Portfolio in Uruguay
Cubico Sustainable Investments has refinanced its 75 MW renewable energy portfolio in Uruguay, reinforcing the long-term financial strength of its assets in the country. The portfolio consists of operational wind projects that contribute to Uruguay’s highly renewable power mix, where clean energy supplies the majority of electricity demand. The refinancing improves debt conditions and extends maturities, enhancing cash-flow stability and providing greater financial flexibility. It also highlights continued lender confidence in Uruguay’s stable regulatory environment and proven renewable energy framework. By optimising the capital structure of mature assets, Cubico aims to recycle capital, strengthen portfolio resilience, and support future investments in renewable and sustainable infrastructure across its global markets.
Energix Secures First Energy Storage Licence in Poland for 24 MW Project
Energix Renewable Energies has obtained its first energy storage licence in Poland for a 24 MW battery energy storage system (BESS), marking a strategic milestone in the company’s expansion in the Polish power market. The project will be co-located with an existing renewable asset and is designed to support grid stability, improve flexibility, and enable more efficient integration of renewable energy. With Poland accelerating investments in battery storage to balance growing solar and wind capacity, the licence positions Energix to participate in ancillary services and capacity markets. The project aligns with Energix’s broader strategy to combine renewable generation with storage solutions, enhance asset value, and strengthen its footprint in fast-growing European energy transition markets.
Radial Power Acquires Community Solar Portfolio from Segue Sustainable Infrastructure
Accredant Capital has advised Segue Sustainable Infrastructure on the sale of a community solar portfolio to Radial Power, strengthening Radial’s position in the US distributed solar market. The portfolio comprises operating and late-stage community solar projects that provide clean, affordable electricity to local subscribers, including households and small businesses, without the need for onsite installations. The transaction supports Segue’s capital recycling strategy, enabling reinvestment into new sustainable infrastructure opportunities, while allowing Radial Power to scale its community solar footprint. The deal reflects continued investor appetite for stable, long-term contracted solar assets and highlights the growing role of community solar in expanding access to renewable energy, lowering power costs, and supporting the US energy transition.
Faheema P
