The government of Argentina plans to launch a tender for majority stakes in four large hydroelectric plants located in the province of Neuquen.The four hydro projects are the 1GW Alicura operated by AES Corporation; 1.3GW El Chocon operated by Enel; 500MW Cerros Colorados operated by Duke Energy;... More

Peru’s investment agency Proinversion is evaluating the promotion of 5 cable car projects that could be developed through a Public-Private Partnership.The projects are estimated to positively impact nearly 2.5 million tourists and boost the economy and commerce in Cusco, Apurimac, Puno,... More

Chile’s Ministry of Public Works has opened the economic offers for the Second Itata Route Concession, estimated to require UF12,527,000 ($564 million) of investment.Sacyr Concesiones Chile SpA presented the most favourable offer to the state of UF15,919,078. An offer from Inversiones en... More

Swedish tidal energy developer Minesto has hired consulting company Ernst & Young (EY) to support the development of the 10MW Hestfjord Dragon Farm in the Faroe Islands.After pilot runs with Dragon 12 and Dragon 4 kites connected to the power grid, Minesto is moving forward with the first 10 MW... More

The UK Infrastructure Bank (UKIB) has been renamed by the UK government becoming the National Wealth Fund (NWF).The new NWF will expand UKIB’s remit beyond infrastructure in support of the Government’s industrial strategy. With additional financial capacity and an enhanced risk budget,... More

Avaada Energy has secured INR5.97 billion ($71 million) in refinancing for its Commercial and Industrial (C&I) solar projects in Karnataka and Maharashtra.The refinancing was secured from NIIF Infrastructure Finance Ltd. (NIIF IFL) on significantly improved commercial terms to facilitate... More

The Burdekin Shire Council has approved construction of a gigawatt-scale, three-stage solar complex coupled with storage in Queensland.The Cambridge Solar Farm project will be built in the Upper Haughton rural locality and is being developed by an Australia-based unit of alternative fund manager... More

A coalition of oil-producing African countries is seeking $5 billion to launch an "energy bank" that would fund projects on the continent. The move comes amid growing frustration over the reluctance of western institutions to bankroll fossil fuel initiatives because of environmental... More

The auctions for two batches of schools in Sao Paulo have attracted interest from at least three bidders and will take place in two weeks time.The first batch, including 17 schools, will be contested on October 29, while the second batch of 16 schools will take place on November 1. The... More

Saudi Arabia’s Zakat, Tax, and Customs Authority (ZATCA) has announced the list of qualified bidders for the development of a power plant at Empty Quarter – Rub’al Khali.Project scope includes designing and developing the power generation facility in accordance with ZATCA’s... More