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News
20 November 2019
in
Power, Renewables

Azelio to power Biodico biofuel centres

Swedish thermal energy storage firm Azelio will partner with Biodico to develop 120MW of thermal energy storage projects in Atascadero, California by 2024. Azelio will...

News
20 November 2019
in
Renewables

Renova reaches financial close on Omaezakikou Biomass

Omaezakikou Biomass Energy - a joint venture between Renova (38%), Chubu Electric Power (34%), Mitsubishi Electric Credit (18%) and Suzuyo Shoji (10%) - has raised a...

News
20 November 2019
in
Renewables

EGPNA agrees PPA and begins construction of Aurora wind farm

Enel Green Power North America (EGPNA) has started construction of the 299MW Aurora wind farm in Williams and Mountrail counties, North Dakota. The facility will require...

News
20 November 2019
in
Renewables

TerraForm to buy two Spanish CSP plants

TerraForm Power has entered into a definitive purchase and sale agreement to acquire a 100MW  portfolio of Spanish concentrated solar power (CSP) plants for...

News
20 November 2019
in
Power

Eskom needs $12bn to comply with new emissions laws

South Africa’s power utility Eskom needs around ZAR187 billion ($12.60 billion) to comply fully with existing legislation curbing harmful emissions, a government...

News
20 November 2019
in
Renewables

New Jersey raises offshore wind target to 7.5GW

New Jersey Governor Phil Murphy has signed an executive order increasing New Jersey’s offshore wind goal from 3.5 GW by 2030 to 7.5 GW by 2035. The completion of...

News
20 November 2019
in
Metals and Mining

Sycamore Mining signs deal with Guinea to redevelop Kiniero gold mine

Cyprus-based investment firm Sycamore Mining has signed a pact with Guinea’s government to redevelop the Kiniero gold mine in the country’s east.The deal...

News
20 November 2019
in
Transport

South Korean consortium submits best bid for Panama metro

A South Korean consortium led by Hyundai submitted the best bid in the tender to build the third subway line in Panama City. The HPH Joint Venture consortium...

News
20 November 2019

AFC closes $140m Kimchi term loan facility

Africa Finance Corporation has closed its inaugural $140 million Kimchi term loan facility.Shinhan Bank London Branch and South Africa’s Nedbank Limited, London...

News
20 November 2019
in
Renewables

Copel awards 121MW in its second renewables auction

Brazilian energy firm Copel (Companhia Paranaense de Energia) that operates in the southern state of Parana has contracted 121.6MW of wind and solar through its...

News
20 November 2019
in
Renewables

Nebras buys minority interest in 105MW Project Amin

Qatari investment company Nebras Power has completed the acquisition of a 9.9% equity stake in Amin Renewable Energy Company (AREC) and owner of Project Amin in Oman. The...

News
20 November 2019
in
Transport

Brazil lines up nearly 300 PPP lighting concessions

According to the president of Abcpi , the association of private lighting concessionaires, Brazil  is planning 287 public-private partnership (PPP) calls for...

News
20 November 2019
in
Renewables

France starts offshore wind consultation for new Normandy site

The French Minister of the Ecological and Solidary Transition has launched the next phase of the country's offshore wind development with the start of a public...

News
20 November 2019
in
Renewables

ConnectGEN names Caton Fenz as new CEO

Quantum Energy Partners portfolio company ConnectGEN has appointed Chief Development Officer Caton Fenz to the role of Chief Executive Officer. The Houston-based...

News
20 November 2019
in
Power

US Ex-Im considers $452m loan for Iraq gas turbine project

The Export-Import Bank of the United States (US Ex-Im) has approved a preliminary commitment for almost $452 million to Iraq’s Ministry of Finance for a power...

News
20 November 2019
in
Renewables

IFC, NADB provide $200m to IEnova for Mexican solar projects

The International Finance Corporation and the North American Development Bank (NADB) will provide $200 million in green loans to Mexico-based IEnova to finance four solar...

News
20 November 2019
in
Metals and Mining

Adani says Carmichael mine ready to ship coal in 2021 despite funding needs

The Adani Group company financing the Carmichael mine in north Queensland has told shareholders to expect a first coal shipment in August 2021 - but the project’s...

News
19 November 2019
in
Oil & gas

Summit LNG Terminal signs project debt

Summit Corporation and Mitsubishi, via their joint venture Summit LNG Terminal, have signed the debt facility for the project.Summit LNG Terminal received a concession...

News
19 November 2019
in
Power, Renewables

CEFC commits A$50m to expanding Tesla Hornsdale Power Reserve battery system

Australia’s Clean Energy Finance Corporation (CEFC) is to commit A$50 million ($34.14 million) to help fund the expansion of Tesla's Hornsdale battery project...

News
19 November 2019

AllianzGI and KfW launch fund of funds AfricaGrow

Allianz Global Investors has teamed up with the German development bank KfW to launch a fund of funds designed to provide financial resources for African private equity...