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News
06 May 2020
in
Renewables

TEV and ARE close financing for solar portfolio in Indiana

Monarch Private Capital's (MPC) portfolio company Alchemy Renewable Energy (ARE) has reached financial close on a portfolio of seven solar projects in Indiana, with...

News
06 May 2020
in
Power

Financial close for Gazipur II IPP in Bangladesh

The first Bangladeshi independent power project to be financed exclusively by commercial banks has reached financial close. Clifford Capital and Sumitomo Mitsui Banking...

Perspective
06 May 2020
in
Transport

Abidjan Metro: From PPP to EPC

Initially launched as a PPP in 2013, Ivory Coast has decided to keep the Bpifrance-backed financing of the Abidjan Metro on the government books. Alain Descamps, chairman...

News
06 May 2020
in
Transport

Sumitomo takes share in FPSO for Petrobras' Marlim II project

Sumitomo Corporation has concluded an agreement with Malaysian offshore development services provider Yinson Holdings Berhad to acquire a 25% interest in the floating...

News
06 May 2020
in
Renewables

Enex and Eavor plan Bavarian geothermal project

Enex Power Germany and Eavor Technologies have entered into a letter of intent to form a development company to build heat and power projects within an existing...

News
06 May 2020

Ashok Pinto nominated as US representative to IBRD

US President Donald Trump has nominated lawyer Ashok Michael Pinto as a representative to the International Bank for Reconstruction and Development, the World Bank's...

News
05 May 2020
in
Metals and Mining

Minera IRL to resume Cofide talks after quarantine

Peruvian mining company Minera IRL expects advanced negotiations with state-owned bank Corporacion Financiera de Desarrollo (Cofide) to resume when the COVID-19...

News
05 May 2020
in
Metals and Mining

PwC to assist Tanzanian Gold project financing for Buckreef mine

Tanzanian Gold Corp has engaged PricewaterhouseCoopers to assist in securing project financing for construction of two gold mining projects at Buckreef, Tanzania.The...

News
05 May 2020
in
Power, Renewables

Dominion Virginia updates IRP and issues RfP

Dominion Energy Virginia has updated its 15-year integrated resource plan and is now forecasting a requirement of 23.7GW of renewable energy – comprising 5.1GW of...

News
05 May 2020
in
Transport

CABEI agrees $550m financing for Costa Rican electric train project

The Central American Bank for Economic Integration (CABEI) has agreed a 25-year $550 million loan to Costa Rica for the Electric Passenger Train for the Greater...

News
05 May 2020
in
Power, Renewables

TES invests in energy storage firm GenPlus

TES, backed by Navis Capital Partners, has made a strategic investment in Asian energy storage systems and power systems provider GenPlus. GenPlus incorporates...

News
05 May 2020
in
Oil & gas

Sempra delays Port Arthur LNG FID until 2021

Sempra Energy has delayed until next year a final decision on whether to build a proposed 11 million mt/year LNG export terminal in Texas. The Port Arthur LNG...

News
05 May 2020
in
Power

Wespac to exit thermal coal investments by 2030

Westpac has announced changes to its climate change position statement for 2023 that will see it exit thermal coal investments by the end of the decade. It also intends...

News
05 May 2020
in
Transport

Fluor team announce exit from Purple Line rail project

Purple Line Transit Constructors (PLTC) consortium has announced its intention to withdraw from the 16-mile Purple Line light rail project being built to link the...

News
05 May 2020
in
Renewables

Rockland commits $200m to SolRiver solar platform

Energy-focused infrastructure investment fund Rockland Capital has made a $200 million commitment to a solar-focused platform with SolRiver Capital. The US platform will...

News
05 May 2020
in
Renewables

MGE gets approval for Dane County solar project

The Public Service Commission of Wisconsin has approved the Madison Gas and Electric (MGE) project to develop a 9MW solar farm near the Dane County Regional Airport. MGE...

News
05 May 2020
in
Power

Trump Executive Order targets US grid security

President Trump has signed an Executive Order (EO) prohibiting certain transactions involving bulk-power system electric equipment from abroad. The Order aims to address...

News
05 May 2020
in
Oil & gas

Magnolia LNG project at risk as LNGL goes into administration

Australian-based liquefaction developer LNG Ltd. (LNGL) has gone into administration, putting its planned mid-scale Magnolia LNG project in Lake Charles, Louisiana,...

News
05 May 2020
in
Transport

ARTC appoints new CEO

Mark Campbell has taken up the position of Managing Director and Chief Executive Officer of the Government-owned Australian Rail Track Corporation (ARTC). He replaces...

News
05 May 2020

CEFC funding to support Australian hydrogen industry

Australia's Clean Energy Finance Corporation (CEFC) has announced the launch of the A$300 million ($190 million) Advancing Hydrogen Fund to support the growth of the...