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News
23 January 2020
in
Oil & gas

Phillips 66 and partner ditch renewable diesel project in Washington

US refiner Phillips 66 and biodiesel producer Renewable Energy Group have abandoned construction of a renewable diesel plant in Washington state following delays in...

News
23 January 2020

India Exim finances rural electrification project in Suriname

The Export-Import Bank of India (India Exim) has extended $35.80 million (about Rs250 crore) line of credit to the Suriname government to finance the country's rural...

News
23 January 2020
in
Metals and Mining

Orion looks for partner for Prieska Copper-Zinc Project in South Africa

Australia's Orion Minerals has begun a formal process which may lead to the introduction of a strategic project-level equity partner and investor in its Prieska...

News
22 January 2020
in
Power, Renewables

EBRD-EU agrees €50m of guarantees for renewables push

The EBRD and the EU, via its External Investment Plan (EIP), have inked a new €50 million programme of financial guarantees aimed at boosting investment in renewable...

News
22 January 2020
in
Renewables

TTC Energy signs loan with ADB for Vietnam solar PV project

TTC Energy signed a $37.8 million loan with the Asian Development Bank to finance development of a 50MW solar PV plant in Vietnam on 22 January.The project, also known as...

News
22 January 2020
in
Power, Renewables

Wartsila signs EPC contract for energy storage in Asia

Finland's Wartsila has signed an EPC contract to build a 100MW energy storage project in an unnamed south-east Asian country for an undisclosed client.The facility,...

News
22 January 2020
in
Transport

$425m Paradip port PPP approved

An inter-ministerial panel has approved a proposal to deepen and optimise the inner harbour facilities of the Paradip Port Trust in Odisha. The Rs3,025 crore ($425...

News
22 January 2020

Japan pledges $1.1bn of loans for Myanmar projects

The Japanese government is set to grant loans totalling JPY120.9 billion ($1.1 billion) to Myanmar for four infrastructure developments. There is a JPY24 billion loan for...

News
22 January 2020
in
Power

Azito expansion reaches financial close

Azito Energie, a subsidiary of Globeleq and IPS (West Africa), has reached financial close on a 253MW expansion to its Azito gas-fired power plant, located near Abidjan,...

News
22 January 2020
in
Power, Renewables

GIG to provide $200m for RH2C green hydrogen project

A consortium of RH2C, FortisBC and Macquarie have secured financing for its renewable hydrogen plant near Chetwynd in British Columbia. Macquarie Capital’s Green...

News
22 January 2020
in
Waste and water

SWPC issues RfP for Jubail 3B

Saudi Water Partnership Company (SWPC) has issued the request for proposals (RFP) to the qualified bidders for the Jubail- 3B independent water project (IWP). The reverse...

News
22 January 2020
in
Oil & gas

McDermott files for Chapter 11

EPC contractor McDermott International is filing for Chapter 11 bankruptcy in an effort to eliminate more than $4.6 billion in debt. A major part of its financial...

News
22 January 2020
in
Renewables

sPower halts Seneca Wind project

Independent power producer sPower has decided not to pursue an application with the Ohio Power Siting Board (OPSB) for its 200MW Seneca Wind project. The 77-turbine...

News
22 January 2020
in
Transport

Court allows Mopa airport project to proceed

The Supreme Court has granted permission for the new Mopa international airport in Pernem to resume construction. The court suspended work on the project last year and...

News
22 January 2020
in
Oil & gas

I Squared to buy 45% stake in Rubis Terminal

I Squared Capital, through its ISQ Global Infrastructure Fund II, has signed an agreement with Rubis to form a joint venture and invest in Rubis Terminal. I Squared...

News
22 January 2020
in
Metals and Mining

Russian Potanin buys partner’s stake in copper and gold mine

Russian billionaire entrepreneur Vladimir Potanin has bought a stake in the Bystrinsky mine in Russia’s far east off his partner Grigory Berezkin’s....

News
22 January 2020
in
Renewables

GCL sells 294MW solar portfolio to China Hyaneng Group

GCL New Energy has signed a deal to sell 7 operational solar power plants in China with a combined capacity of 294MW to the state-owned electric utility China Huaneng...

News
22 January 2020
in
Power, Renewables

2.2GW NESS pumped hydro gets FERC prelim permit

Energy storage developer Daybreak Power Inc has been granted a preliminary permit by FERC for its proposed 2.2GW Navajo Energy Storage Station (NESS) near Page, Arizona....

News
22 January 2020
in
Social infrastructure

Pioneer completes acquisition of 11 Norwegian preschools from Gnist

Pioneer Public Properties have completed the acquisition of a portfolio of 11 Norwegian preschools from Gnist Barnehager AS. The preschools are located in More og...

News
22 January 2020
in
Power

Romania halts nuclear expansion deal with CGN

Romania’s Prime Minister has announced that the government will exit a deal with China General Nuclear Power Corporation (CGN) for the construction of reactors 3...