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News
02 January 2020
in
Power, Renewables

Sunnova closes $150m financing

US residential solar and energy storage service provider Sunnova Energy International (NOVA) has closed an aggregate $150 million financing to fund equipment purchasing...

News
02 January 2020
in
Oil & gas

NNPC and partners sign FID for NLNG Train 7

The Nigerian National Petroleum Corporation (NNPC), Shell, Total, and ENI have signed the final investment decision (FID) to give the go-ahead for the construction of...

News
02 January 2020
in
Waste and water

EBRD finances water supply project in Montenegro

The European Bank for Reconstruction and Development is providing a €24 million loan to finance improvements to the regional water supply network in Montenegro.The...

News
02 January 2020
in
Transport

The Philippines invites bids for stake in TMC

The Philippines' government is inviting bids for its 20% stake in toll road operation and maintenance company Tollways Management Corp (TMC) for a minimum price of...

News
02 January 2020
in
Transport

EIB helps finance Greater Berlin regional rail modernisation

The European Investment Bank (EIB) is providing €185 million to Ostdeutsche Eisenbahn to finance the modernisation of regional rail in Greater Berlin.Deutsche...

News
02 January 2020
in
Power

Fortum agrees €530m sale of Joensuu district heating business

Fortum has agreement to sell its Finnish district heating business in Joensuu to Savon Voima Oyj for a total consideration of €530 million ($594 million)....

News
02 January 2020
in
Renewables

Promoter reduces Sterling Wilson Solar debt by $140m

Indian engineering firm Sterling and Wilson Solar Ltd has announced that its promoter, the Shapoorji Pallonji Group, has repaid Rs10 billion ($140 million) in debt....

News
02 January 2020
in
Oil & gas

Novatek adds acreage for potential new LNG project

Russian natural gas producer Novatek has announced that its subsidiary Arctic LNG 1 has won a 27-year exploration and production license in the Arctic, adding acreage for...

News
24 December 2019
in
Renewables

Oman prequalifies nine groups for 1GW of solar

Nine bidding groups have prequalified for the second stage of Oman Power and Water Procurement Company’s (OPWP) solar programme – comprising the 500MW Manah...

News
24 December 2019
in
Oil & gas

MOL signs first green loan to finance LNG bunkering vessel

Mitsui O.S.K. Lines (MOL) has signed its first green loan, the proceeds of which will be used to partially finance the construction of the world’s largest LNG...

News
24 December 2019
in
Metals and Mining

Danakali executes $200m financing for potash project in Eritrea

Colluli Mining Share Company  - a JV between Danakali and Eritrean National Mining Company - has executed definitive documents for $200 million in senior debt...

News
24 December 2019
in
Metals and Mining

AngloGold Ashanti and IAMGOLD to sell stake in Mali mine

South Africa-headquartered mining company AngloGold Ashanti and its joint venture partner IAMGOLD plan to sell their stake in the Sadiola project, in Mali, for $105...

News
23 December 2019
in
Oil & gas

KfW IPEX, Finnvera, FEC to finance El Salvador LNG-to-power project

KfW IPEX-Bank, Finnish Export Credit and Finnvera are to provide $142 million of debt to part finance the 378MW $877 million Energia del Pacifico LNG-to-power project in...

News
23 December 2019
in
Renewables

KEPCO to invest KRW11 trillion in offshore wind complex

The Korea Electric Power Corporation (KEPCO) will invest KRW11 trillion to build the 3GW first phase of an offshore wind power plant complex in Sinan County, South Jeolla...

News
23 December 2019
in
Renewables

Ibri II solar financing nears close

An ACWA Power-led consortium – comprising Kuwait's GIC (40%) and Alternative Energy Projects (10%) – is expected to reached financial close on a $263...

News
23 December 2019
in
Renewables

Erich Stephens to leave Vineyard Wind

Erich Stephens, Chief Development Office of Vineyard Wind is to leave the offshore wind company. He was responsible for pre-construction development of Vineyard Wind 1....

News
23 December 2019

Tesla to take new $1.4bn loan from Chinese banks for Shanghai factory

US electric vehicle maker Tesla and a group of Chinese banks have agreed a new CNY10 billion ($1.4 billion), five-year loan facility for the company's Shanghai car...

News
23 December 2019
in
Renewables

Greenwing Energy to buy stake in 640MW Taiwanese offshore wind farm

Thailand's Electricity Generating (Egco), through its subsidiary Greenwing Energy, is to acquire a 25% stake in offshore wind project company Yunlin Holding GmbH....

News
23 December 2019
in
Power

Norte II closes refi

KST Electric Power Co – a joint venture between KEPCO (56%), Samsung (34%) and Techint (10%) – has refinanced the debt package stapled to the 433MW Norte II...

News
23 December 2019
in
Renewables

European Energy sells 53MW Zinkgruvan wind farm

Danish developer European Energy has sold the 53MW operational Zinkgruvan wind farm in Sweden to a German asset management company for an undisclosed sum. The project was...