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News
23 December 2019
in
Renewables

Financial close for 46MW Nkhotakota solar project in Malawi

Phanes Group has reached financial close on the debt backing its 46MW Nkhotakota solar project in Malawi. The project is being developed by Phanes in collaboration with...

News
23 December 2019
in
Power

Tribunal awards $175m to Reliance for DVC power project

Reliance Infrastructure has been awarded Rs1,250 crore ($175 million) by a three-member arbitration tribunal against the government-owned Damodar Valley Corporation...

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

Downing makes two senior hires

London-based investment manager Downing LLP has announced two senior hires. Russ Cummings joins as an advisor to Downing's venture business and a member of...

News
23 December 2019
in
Renewables

JBIC agrees loan for wind power plant in northern Morocco

The Japan Bank for International Cooperation has signed a €44 million (JBIC portion) with Moroccan company Parc Eolien de Taza SA (PETS) - invested in by Mitsui...

News
23 December 2019
in
Renewables

GAM buys equity stake in Dominican Republic wind project

GAM Capital's closed-end fund, GAM Energía, has acquired an equity stake in Akuo Energy Dominicana, owner of the 50MW Parques Eolicos del Caribea wind farm...

News
23 December 2019
in
Transport

KKR selling European rail leasing platform to Axa and Credit Agricole

Investment firm KKR has signed a definitive agreement with a consortium  of AXA Investment Managers - Real Assets and Credit Agricole Assurances to sell its European...

News
23 December 2019
in
Power, Renewables

IADB finances project to boost electricity coverage in rural Suriname

The Inter-American Development Bank has approved a $30 million investment loan to Suriname for a project to improve access to sustainable electricity.The project is also...

News
23 December 2019
in
Oil & gas

APA Group CFO Fredricson to retire

Peter Fredricson, Chief Financial Officer of Australian energy infrastructure business APA Group has  announced his intention to retire. He will remain in post until...

Perspective
23 December 2019

The Proximo 2019 Festive Trends Round-up

In a year of immense change for energy, infrastructure and project finance, Proximo Transmission's regulars pick the trends that mattered in 2019 - and the trends that...

News
23 December 2019
in
Transport

APG buys 41% stake in Alpha Trains from Arcus fund

Dutch pension company APG has  acquired an indirect 41.1% interest in rolling stock leasing firm Alpha Trains from Arcus European Infrastructure Fund 1 (AEIF1). The...

News
23 December 2019
in
Social infrastructure

London student housing scheme gets planning consent

Student housing specialist Future Generation has received planning consent for its £80 million mixed-use scheme in east London.  The Vogue development in the...

News
23 December 2019
in
Metals and Mining, Waste and water

Chile's Codelco tears up desalination project contract

Chile’s state copper miner Codelco said it will cancel a contract awarded in November to a consortium led by Japanese firm Marubeni to construct a desalination...

News
23 December 2019

Renewable hydrogen JV formed for truck supply in Norway

Nel Fuel has formed the Green H2 Norway joint venture together with H2 Energy, Greenstat and Akershus Energi Infrastruktur to develop  renewable hydrogen production...

News
23 December 2019
in
Renewables

Greece awards PPAs for four wind projects

547 Energy International European Holdings, the European energy platform of Quantum Energy Partners and Enteka subsidiary Enora have secured 20-year PPAs for four wind...

News
23 December 2019
in
Renewables

Statkraft hires EVP European wind and solar

Statkraft has appointed Birgitte Ringstad Vartdal as Executive Vice President European Wind and Solar following the resignation of Steinar Bysveen. She is currently the...

News
23 December 2019
in
Renewables

Greencoat to acquire two Scottish wind farms from Statkraft

Greencoat UK Wind  has agreed to acquire the 43MW Windy Rig and 37MW Twentyshilling wind farms in Dumfries & Galloway from Statkraft UK Limited for a total of...

News
23 December 2019

AIIB unveils changes to leadership team

The Asian Infrastructure Investment Bank President has announced a number of changes to its leadership team.Thierry de Longuemar, AIIB’s current Vice President and...

News
23 December 2019
in
Oil & gas

APICORP agrees $250m loans to Sonatrach Petroleum Investment Corporation

The Arab Petroleum Investments Corporation (APICORP) has agreed to two loan facilities worth a combined $250 million with Sonatrach Petroleum Investment Corporation - a...

News
23 December 2019
in
Transport

AIIB agrees $500m loan for Russian transport project

The Asian Infrastructure Investment Bank (AIIB) has approved its first investment in Russia to improve transport connectivity and road safety.The $500 million loan will...

News
23 December 2019
in
Power, Renewables

IFC invests in the first green bonds issuance in Ecuador by Banco Pichincha

The International Finance Corporation has invested $50 million in a public issuance of green bonds made by Banco Pichincha, for a total amount of $150 million. This is...