In depth
20 June 2024

Brightline keeps on track

Brightline's recapitalisation has involved raising debt for refinancing at the opco, parentco and holdco levels. Complex? Yes. Does it work? Investors seem convinced. Is it replicable? Maybe. More

News
21 June 2024

Court annual award of Maltese WtE contract

Malta's waste management agency Wasteserv will "analyse" the implications of a court decision to annul the award of a tender for a waste-to-energy plant. In a statement, Wasteserv said it will now chart the best way forward for the much-delayed €600 million ($640 million)... More

News
21 June 2024

RWE withdraws from German offshore wind lease

RWE has pulled out of a partnership with TotalEnergies that secured the 1.5GW N-11.2 offshore wind lease in today’s German auction.The German developer told reNEWS it was part of the bidding consortium but “we are now withdrawing” from the alliance “at short notice”. A... More

In depth
14 June 2024

ChemOne: Navigating a difficult path to financial close

ChemOne is approaching financial close for its flagship Malaysia petrochemicals facility after enduring years of pandemic-related strictures. Its journey has taken in a few unexpected junctures along the way, but its resilience is a healthy marker for big ticket industrial projects in emerging... More

News
21 June 2024

NYSERDA launches 2024 clean energy RfP

NYSERDA has launched its eighth annual Renewable Energy Standard request for proposals to continue accelerating progress toward New York State’s electricity targets.The New York State Energy Research and Development Authority (NYSERDA) is seeking to procure Tier 1 eligible Renewable Energy... More

News
21 June 2024

69 companies bidding for Aseer-Jazan highway

Saudi Arabia's Roads General Authority (RGA) has announced that a total of 69 companies have submitted bids for a major highway project linking Aseer region to Jazan.A total of 37 international companies are participating including Spanish group Acciona Construccion; AtkinsRealis (Canada);... More

News
21 June 2024

Arise to develop industrial zone in Cameroon

Arise Integrated Industrial Platforms (Arise IIP) plans to develop an industrial and logistics zone along the Dibamba River in Missole I, near Douala, Cameroon. The project includes a 350-hectare industrial and port area with agro-industrial units; wood park;  fishing port; logistics zone;... More

Data and research

Recently closed deals

Deal name Cost in $m Country Sector
64 MW Alabat Island Wind Power Project - Financing 90 Philippines Onshore wind
461MW Vifor Onshore Wind Farm Project - Financing 314 Romania Onshore wind
150MW/300MWh Cranberry Point Energy Storage Project - Financing 133 United States Battery storage
120.8 MW Jekabpils PV Solar Project - Financing 94 Latvia PV solar
Pisa and Florence Airport Projects - SACE Covered Refinancing 197 Italy Airport
News
21 June 2024

Fontenay plans geothermal district heating project

The Urban Heating Authority (RCU) of Fontenay-sous-Bois is tendering project management services for a heat transition project in the town in Val-de-Marne, France.The project will involve the construction of a geothermal heating plant, a biomass boiler room, and the implementation of a smart grid... More

Event
Oct 2 - Oct 3, 2024

Asia 2024: Agency, Energy & Infrastructure Finance

Marina Bay Sands, Singapore

A networking super-highway for the agency, energy & infrastructure finance world!

Full details
News
21 June 2024

University of Iowa student housing refinanced

AxInfra US has refinanced its student housing project at the University of Iowa (UI).Structured via borrowing vehicle Axium Campus Housing LLC, the deal totals $83.9 million of debt split between a $82.2 million three-year term loan and a $1.7 million three-year L/C. Joint lead arrangers on the deal... More

News
21 June 2024

Sweden turns down German interconnector

The Swedish government has denied an application to build a subsea power connection between Sweden and Germany, citing the inefficiency of the German grid.Grid operators Svenska Kraftnat and 50Hertz had planned that the 700MW Hansa PowerBridge project would enable more renewable power to be sent... More

Data and research

Latest contracts closed by EPC contractors

Name Date Country Sector
Van Oord awarded contract for large-scale offshore wind project in Poland 14/02/2024 Poland Renewables (other)
VINCI wins contract to dismantle nuclear reactors in Sweden 02/02/2024 Sweden Nuclear
VINCI wins the power connection contract for three berths at HAROPA PORT | Le Havre 01/02/2024 France Electricity transmission
BAM appointed to construct new academic building at University of South Wales Treforest Campus 22/01/2024 United Kingdom Education
McDermott Secures Offshore Contract for the Kasawari Carbon Capture and Storage Project in Malaysia 16/01/2024 Malaysia Renewables (other)
News
21 June 2024

AWS to invest €8.8bn in Frankfurt cloud region

Amazon Web Services (AWS) has committed to investing €8.8 billion ($9.44 billion) in its AWS Europe (Frankfurt) cloud region by 2026.The additional investment will help the company meet growing customer demand for AWS technologies in Germany, including artificial intelligence. AWS launched its... More

News
21 June 2024

Google commits extra $2.3bn for Ohio data centres

Google has committed to investing an additional $2.3 billion into its three data centre campuses in Central Ohio.The company has existing campuses in New Albany and Lancaster and is currently constructing another in Columbus. This latest investment adds to the $4.4 billion spent in the state since... More