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News
13 June 2019
in
Power, Renewables

IBRD lends to China battery storage programme

In what at first appears to be the DFI equivalent of dishing up ice to the Eskimos, the World Bank, via the IBRD as lender, has approved a $300 million loan for its $750...

News
13 June 2019
in
Oil & gas

PGNiG expands LNG offtake with Venture Global LNG

Polish state-owned PGNiG has agreed to buy an additional 1.5 million mt/year of LNG from one of three export projects that Venture Global LNG is developing in...

News
13 June 2019
in
Oil & gas

Gunvor and Commonwealth LNG agree offtake contract

Commonwealth LNG and Gunvor Singapore have signed the heads of agreement for a 15-year LNG offtake contract for 1.5 million tonnes per year from the Commonwealth LNG...

News
12 June 2019
in
Oil & gas

DIF reaches financial close on Bay Village Workers project

Fund manager DIF, together with its consortium partners, has reached financial close on the A$400 million ($277 million) Bay Village workers accommodation facility...

News
12 June 2019
in
Metals and Mining

Sigma gets licenses for lithium production project

Sigma Lithium Resources has obtained environmental licenses for development of its Lithium Commercial Production Plant from the environmental authority of the State of...

News
12 June 2019
in
Renewables

GIG buys Hornamossen wind project from OX2

Macquarie’s Green Investment Group Limited (GIG) has acquired the 43MW Hornamossen onshore wind project in Sweden from developer OX2. Comprising 10 Siemens Gamesa...

News
12 June 2019
in
Transport

TIIC and 3i take equity stake in Irish road PPPs

Infrastructure funds TIIC 2 SCA SICAR (TIIC 2) and 3i European Operational Projects SCSp (3i) have acquired an equity stake in two Irish road PPP concessions – 75%...

News
12 June 2019
in
Oil & gas

Phillips 66 to partner on two pipeline projects worth $4.1bn

Houston-based energy company Phillips 66 is planning to partner on two pipeline projects worth $4.1 billion.Together with Plains All American Pipeline, Phillips 66 will...

News
12 June 2019
in
Telecoms and Communications

ICG in talks with InfraVia for OSB stake acquisition

ICG has entered into exclusive negotiations with InfraVia for the acquisition of a majority stake in OCEA Smart Building (OSB). OSB has installed 3,000km of smart...

News
12 June 2019
in
Power

Lamu Power put on slow burn

The Kenyan government wants to delay development of the 1050MW Lamu coal-fired power project – a scheme sponsored by Amu Power (a joint venture between Gulf Energy,...

News
12 June 2019
in
Renewables

Enel awarded 71MW wind project in Russian auction

PJSC Enel Russia has been awarded the 71MW Rodnikovsky wind farm project located in the Stavropol region, in the Russian government's 2019 renewable energy tender....

News
12 June 2019
in
Oil & gas, Power

Russian and European firms team up for integrated LNG project in Vietnam

Zarubezhneft, Novatek, Total Gas & Power Business Services and Siemens have signed a memorandum of understanding (MOU) for the development of an integrated power...

News
12 June 2019
in
Manufacturing & equipment, Metals and Mining, Social infrastructure

Metalloinvest signs take-or-pay with Ultramar

Metalloinvest has signed a five-year take-or-pay agreement with Ultramar. The deal will support expansion of its exports of iron ore pellet and hot-briquetted iron (HBI)...

News
12 June 2019
in
Power, Renewables

100GW of projects register for Brazil's A6 energy auction

Brazil's state-owned energy research firm EPE has announced that 1,829 energy projects with a total capacity of 100,874MW have registered for the country's...

News
12 June 2019
in
Renewables

North Macedonia launches 35MW solar tender

The Government of North Macedonia is tendering 25MW of solar capacity in the municipality of Sveti Nikole and a further 10MW in the municipality of Makedonski Brod. Plots...

News
12 June 2019
in
Renewables

Holaluz and Fundeen sign PPA for crowdfunded solar capacity

Clean-energy retailer Holaluz and specialist renewables crowdfunding platform Fundeen have signed a 75MW PPA for solar capacity, to be built in Spain and Portugal...

News
12 June 2019
in
Metals and Mining, Oil & gas, Power

Norway's sovereign wealth fund to dump fossil fuel-linked investments

In an unprecedented move by a sovereign wealth fund, Norway’s $1 trillion Government Pension Fund Global is today expected to get the parliamentary green-light to...

News
12 June 2019
in
Transport

Amey hires manager for Sheffield highways contract

Infrastructure and public service provider Amey has appointed Peter Bamfield to its Highways Executive team. He joins as a Business Director and will take over...

News
12 June 2019
in
Power, Renewables

Avangrid creates new executive positions

US clean energy company Avangrid has appointed its President & CEO of Avangrid Networks, Robert Kump, to the newly created role of Deputy CEO & President. He will...

News
12 June 2019
in
Telecoms and Communications

EQT Infra IV buys Swedish fibre firm IP-Only

EQT Infrastructure IV is buying Swedish fibre provider IP-Only from the EQT Mid Market and Mid Market Europe funds at an enterprise value of SEK18.25 billion ($1.93...