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News
24 October 2019
in
Oil & gas

Russia's VEB may invest in Moroccan refinery, Congo pipeline projects

Russian state development bank VEB has signed investment cooperation deals with African organizations, including on financing a refinery in Morocco, and an oil products...

News
24 October 2019
in
Oil & gas

Lukoil to abandon Saudi Aramco gas project

Russian energy giant Lukoil will drop-out of a significant gas exploration project with Saudi Aramco by the end of the year.Lukoil said Saudi Aramco and the government of...

News
24 October 2019
in
Metals and Mining

Vast Resources agrees financing for Romania, Zimbabwe projects

UK-based Vast Resources has signed a binding conditional bond issue deed for a facility of up to $15 million through an issuance of secured convertible bonds to Atlas...

News
24 October 2019
in
Renewables

DSD closes $250m financing for distributed solar portfolio

Distributed Solar Development (DSD) – backed by BlackRock Real Assets’ Global Renewable Power platform and GE Renewable Energy – has closed a $250...

News
24 October 2019
in
Transport

CDB agrees financing for Nigeria's first deep sea port construction

Chinese debt and equity commitments have been secured for the biggest port project in West Africa. China Development Bank (CDB) will provide a $629 million project loan...

News
24 October 2019

CDC hires Andrew Brown as Deputy Chief Investment Officer and a Managing Director

CDC Group, the UK’s impact investor for Africa and South Asia, has appointed Andrew Brown as Deputy Chief Investment Officer and a Managing Director. Brown has...

News
24 October 2019
in
Renewables

de Hoz named as new CEO for Avangrid Renewables

Iberdrola Group company Avangrid Renewables has promoted current Vice President of Offshore Wind, Alejandro de Hoz, to the role of President & CEO. He succeeds Laura...

News
24 October 2019
in
Power, Renewables

US Grid Co secures backing for decarbonising projects

US Grid Company (USGRDCO) has secured capital investment  from EnCap Investments and Yorktown Partners to fund its programme to acquire and manage critical electric...

News
24 October 2019
in
Power, Renewables

Colombia secures $81m in guarantees for renewables finance

The Colombian government and development bank Financiera de Desarrollo Nacional SA (FDN) have obtained guarantees for $81 million to finance renewable energy projects in...

News
23 October 2019
in
Oil & gas

Saudi petchem project seeks advisers

South Korean company SK Group and Saudi firm Advance Petrochemical Company are expected to appoint local legal counsel and financial advisers before the end of the year...

News
23 October 2019
in
Renewables

Walmart signs 366MW VPPA with Engie

Engie US Wind has signed a VPPA with Walmart for 166MW of wind capacity from the Prairie Hill  project in Texas and 200MW from King Plains wind project in Oklahoma....

News
23 October 2019

AMP Capital raises $6.2bn for fourth infrastructure debt strategy

AMP Capital has raised $6.2 billion for its fourth infrastructure debt strategy. At final close the AMP Capital Infrastructure Debt Fund IV (IDF IV) reached its $4...

News
23 October 2019
in
Renewables

Deutsche Bucht debt restructuring due by year-end

Canada's Northland Power is sounding out some of the lenders on the original financing of the 252MW Deutsche Bucht offshore wind farm to improve the terms of the debt...

News
23 October 2019
in
Renewables

Chexim to help finance Zophia wind farms in Ukraine

Oslo-based utility-scale wind power developer NBT and China Electric Power Equipment and Technology (CET) have signed two EPC contracts for building the 300MW Zophia II...

News
23 October 2019
in
Renewables

SGRE and Prysmian sign global supply and assembly contract

Prysmian and Siemens Gamesa Renewable Energy (SGRE) have signed worldwide agreement for the supply of  low voltage cables and assemblies for nacelle platforms, low...

News
23 October 2019
in
Power, Renewables

Engie to supply renewable power to Lactalis in Spain

Engie has signed an agreement 9-year PPA with Lactalis Iberia Group, the French dairy company Lactalis' Spanish subsidiary. Engie will supply 70 GWh of renewable...

News
23 October 2019
in
Transport

ISA agrees to buy Cartagena-Barranquilla 4G concession

Grupo ISA has agreed to acquire the Concesion Costera Cartagena Barranquilla project company - currently owned by MHC Ingenieria y Construccion de Obras Civiles,...

Perspective
23 October 2019
in
Renewables

Da Mi: A floating solar first for Vietnam

The DFI-backed Da Mi floating solar power project financing has proved the viability of such schemes in Vietnam. But the government needs to provide more lender comforts...

News
23 October 2019
in
Renewables

Cubico closes refinancing for Italian wind portfolio

Cubico Sustainable Investments - via borrowing vehicle Cubico Diana - has achieved financial close on its first green loan for the refinancing of three wind farms in...

News
23 October 2019
in
Power, Renewables, Social infrastructure, Transport, Waste and water

Centrus hires Terence Amako as Head of M&A

Corporate finance advisory Centrus has hired Terence Amako as Director and Head of Mergers & Acquisitions. He joins Centrus to expand its mid-market focused M&A...