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News
15 June 2021
in
Renewables

Gardner Capital seals funding from GCRE Impact Fund

Private equity firm Gardner Capital has secured a funding commitment from the GCRE Impact Fund to support electric vehicle adoption for the recently completed...

News
15 June 2021

Amogy closes funding round for zero emission mobility

US-headquartered Amogy, a developer of ammonia-based emission-free, high energy-density power solutions, has announced the close of a major funding round. Led by AP...

News
15 June 2021
in
Oil & gas

Galp to hold off on LNG investment until Mozambique ensures security

Portugal's Galp Energia, a partner in an Exxon Mobil-led gas consortium in Mozambique, will not invest in onshore plants there until authorities guarantee security...

News
15 June 2021
in
ECA, MFI/DFI, Power

KfW pulls out of €100m loan to Belarus for Siemens gas turbines

Germany's KfW Bank has annulled a €100 million loan for Belarus, which was to be spent on the purchase of Siemens gas turbines, after Swedish export credit...

News
15 June 2021
in
Mining

Galena makes FID for Abra Base Metals Project

Galena Mining has announced that Abra Mining has made the final investment decision (FID) to complete the full development of the Abra Base Metals Project, in the...

News
15 June 2021
in
ECA, Renewables

Eurowind Energy secures ECA-backed finance for Polish wind

Eurowind Energy has reached financial close with German bank Nord/LB and Danish export credit agency EKF for the 60MW Janikowo wind farm, in Poland. Janikowo comprises 30...

News
15 June 2021
in
MFI/DFI, Renewables

Tanzania secures AFD loan to finance 150MW solar power project

The government of Tanzania has agreed a €130 million (about $157 million) concessional loan with the Agence Française de développement (AFD) to finance...

News
15 June 2021
in
MFI/DFI, Power

NIB loan strengthens Iceland’s transmission system

The Nordic Investment Bank has signed a ten-year loan deal with Iceland’s transmission system operator Landsnet hf. to increase transmission capacity, stability and...

News
14 June 2021
in
MFI/DFI, Renewables

Turkish development bank earmarks $310m for wind power plants

The Turkey Development and Investment Bank (TKYB) is set to provide $310 million more financing to wind power plant (WPP) projects throughout 2021 as the bank aims to...

News
14 June 2021
in
Regulation, Renewables

North Carolina targets 2.8GW of offshore wind by 2030

An executive order by North Carolina Governor Roy Cooper has laid down a target for the state to develop 2.8GW of offshore wind by 2030 and 8GW by 2040. Cooper also plans...

News
14 June 2021
in
Power

SMC raises $600m for Batangas power plant

SMC Global Power Holdings Corp has issued $600 million of senior perpetual capital securities with an initial annual rate of 5.45%. Proceeds will be primarily be invested...

News
14 June 2021
in
Infra funds, MFI/DFI, Renewables

Maldives tenders two BESS projects

The Maldives‘ Ministry of Environment, Climate Change and Technology is inviting pre-qualification for a tender to deploy two battery energy storage systems (BESS)...

News
14 June 2021
in
Renewables

Red John pumped storage project gets Scottish approval

The Scottish Government has approved proposals by ILI Group for the 450MW Red John pumped storage hydro scheme on the shores of Loch Ness. The £550 million project...

News
14 June 2021
in
Power

Milbank advises banks on C$1bn Enwave acquisition financing

Milbank advised the lenders in the C$1 billion ($820 million) acquisition financing of North American district heating and cooling company Enwave Energy by IFM Investors...

News
14 June 2021
in
PPP/P3, Transport

RFQ issued for Highway 3 expansion PPP

Infrastructure Ontario (IO) and the Ministry of Transportation (MTO) have released a Request for Qualifications (RFQ) to prequalify project teams to deliver the Highway 3...

News
14 June 2021
in
Power

CMA investigates National Grid acquisition of WPD

The UK's Competition and Markets Authority (CMA) has served an initial enforcement order to avert the integration of Western Power Distribution (WPD) into National...

News
14 June 2021
in
Renewables

RWE begins enabling works for 1.4GW Sofia

RWE has started construction of its 1.4GW Sofia offshore wind farm project in the UK. Jones Bros Civil Engineering UK been contracted to carry out the enabling works at...

News
14 June 2021
in
Renewables

Gresham refinances Scottish wind farm

Gresham House Wind Energy has completed the £62 million ($87 million) refinancing of its 51.7MW Harburnhead operational wind farm in Scotland. The refinancing has...

News
14 June 2021
in
Renewables

Solar firm Reden put up for sale

Private equity firms Eurazeo and Infravia are launching an auction for French solar group Reden and have given the mandate for the potential €2 billion...

News
14 June 2021
in
Market moves, Renewables

Jim Smith to retire from SSE Renewables

SSE Renewables Managing Director Jim Smith is set to retire from the company at the end of the financial year, in April 2020. Smith has spent 33 years at SSE and has led...