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News
01 March 2018
in
Transport

State owners sell Germany's HSH Nordbank to buyout groups

A consortium of buyout groups will pay around €1 billion for Germany’s HSH Nordbank, once the world’s largest ship financier, as it emerges from...

News
01 March 2018
in
Renewables

First floating offshore wind financing nears close

Portugal's first floating offshore wind project, the €125 million ($152.4 million) 25MW Wind Atlantic farm, is expected to reach financial close in the...

News
01 March 2018
in
Renewables

Boralex finances five French wind farms

Toronto-listed renewable energy developer Boralex has secured €136 million for five French wind farms from Crédit Industriel et Commercial, Auxifip,...

News
01 March 2018
in
Transport

NHA looking for Malakand Tunnel expansion financing

Pakistan’s National Highway Authority (NHA) is seeking an additional $85 million for the Malakand Tunnel project in a bid to expand the existing...

News
01 March 2018
in
Renewables

M&T Bank provides equipment lease financing for Pittsfield solar project

Buffalo-headquartered M&T Bank has provided $22.4 million in equipment lease financing for the 9.9MW Pittsfield (Maine) Solar Project being developed...

News
01 March 2018
in
Renewables

sPower signs PPA for Prevailing Wind project in South Dakota

Independent renewable power producer sPower has signed a 30-year PPA with an unnamed utility for electricity generated from its 220 MW Prevailing Wind Park...

News
01 March 2018

Afreximbank to raise $200m from share sale

Afreximbank is planning to raise up to $200 million via a share sale on the Nigeria Stock Exchange (NSE) to support lending and broaden its ownership base. The...

News
01 March 2018

GIEK cuts oil and gas exposure

Norwegian ECA GIEK cut its portfolio’s exposure to oil and gas last year to below 80%, according to CEO Wenche Nistad. In 2016 the oil and gas sector held 86% of...

News
01 March 2018
in
Renewables

Avaada to develop 500MW of solar capacity in Andhra Pradesh

Avaada Power Pvt Ltd has signed a memorandum of understanding with the Government of Andhra Pradesh to develop 500 MW utility-scale solar projects in the...

News
01 March 2018
in
Power

Denham and Themis launch Africa Power Investment Platform

Denham Capital, a global energy-focused private equity firm, acting through its International Power Fund, has launched the Africa Power Investment Platform in partnership...

News
01 March 2018

Two senior appointments for CDC

UK development finance institution CDC has appointed former McKinsey partner Tenbite Ermias as its new Head of Africa with Chris Coles moving from Actis to...

News
01 March 2018
in
Power

Kansai Electric in deal for Neuconnect subsea cable stake

Japanese utility Kansai Electric Power Co has announced that it will buy a 18.3% stake in the Neuconnect project to provide a 670km subsea cable...

News
01 March 2018
in
Renewables

Blue Elephant buys Rheinland-Pfalz wind farm

Hamburg-based independent solar and wind operator Blue Elephant Energy AG has acquired an operational 9.2MW wind farm in Rheinland-Pfalz. The three-turbine...

News
01 March 2018

BU and ICISA issue 2018 State of the Industry Survey

Berne Union and the International Credit Insurance and Surety Association (ICISA) have released their annual trade and export insurance survey. The results indicate a...

News
01 March 2018
in
Renewables

NNPC and Kogi sign MoU for integrated biofuel and Bagasse power facility

Nigerian National Petroleum Corporation (NNPC) and the Kogi State Government have signed an MoU to develop an integrated feedstock plantation and processing plant complex...

News
01 March 2018
in
Oil & gas

Pieridae mandates financial advisers for Goldboro LNG

Calgary-based Pieridae Energy has engaged Morgan Stanley and Societe Generale's SG Americas Securities to act as financial advisers on the...

News
01 March 2018
in
Transport

EIB supports Keflavik airport upgrade

Isavia, the state-owned company that operates all airports in Iceland, has raised a €100 million loan from the EIB to fund upgrades and expansion at Keflavik...

News
01 March 2018
in
Renewables

ContourGlobal agrees €962m deal for Acciona’s solar power plants

ContourGlobal is buying a 250MW concentrated solar portfolio from Acciona Energia. The deal is backed by a €635 million 19-year loan underwritten by Goldman Sachs....

News
28 February 2018

Opportunity of the day: Hanas New Energy's $1.5bn LNG production facility in Wuzhong looks for funding

Hanas New Energy Group will construct a 5m tons per day (t/d) LNG production facility in Wuzhong city, in the Ningxia Hui Autonomous Region, according to Liu Tao, the...

News
28 February 2018
in
Waste and water

ACWA bid lowest for Umm Al Quwain IWP

An ACWA Power-led team has put in the lowest bid for FEWA’s $260 million 45 mpgd Umm Al Quwain reverse osmosis desalination IWP project. The ACWA Power/Tecton/Sidem...

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