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20 June 2024

ReGen III moves forward with DOE loan application

ReGen III Corp (GIII) has advanced its prospects of receiving a US Department of Energy (DOE) guaranteed loan for a proposed used motor oil (UMO) re-refinery project.The...

20 June 2024
in
Telecoms and Communications

SES syndicates financing for Intelsat acquisition

SES has announced the syndication of a €3 billion ($3.2 billion) financing package to support the agreement for the company to acquire Intelsat.Deutsche Bank and...

20 June 2024
in
Telecoms and Communications

Accenture agrees to acquire Italian 5G and fibre firm

Accenture (ACN) has agreed to acquire Fibermind, an Italy-based network services company, specialising in fibre and 5G deployment, as well as engineering...

20 June 2024
in
Power

NERC offtake ensures Zungero hydro stays online

The Nigerian Electricity Regulatory Commission (NERC) has concluded a deal to purchase 450MW of electricity from the Zungeru Hydro Electricity Generating Company...

20 June 2024
in
Telecoms and Communications

KKR and Singtel set to invest $1.3bn in STT GDC

KKR and Singtel are set to invest an initial S$1.75 billion ($1.3 billion) in ST Telemedia Global Data Centres (STT GDC) via Redeemable Preference Shares.Singtel and KKR...

20 June 2024
in
Transport

Tamil Nadu plans $840m of PPP projects

The Tamil Nadu Infrastructure Development Board (TNIDB) is aiming to invest INR70.35 billion ($840 million) into infrastructure through public-private partnerships.This...

20 June 2024
in
Power, Transport

NSW budget boosts investment in energy and climate

New South Wales has announced a A$3.5 billion ($2.3 billion) commitment to climate change and energy in the state’s 2024-25  budget.A total of $3.1 billion has...

20 June 2024
in
Transport

Indian Cabinet approves $9bn Vadhavan Port

The Indian Cabinet has approved the construction of an all-weather greenfield deep draft port at Vadhavan near Dahanu in Maharashtra. The INR760 billion ($9.09...

20 June 2024
in
Renewables

Enersense considers sale of renewable development portfolio

Enersense is conducting a strategic assessment of its onshore wind and solar project development operations and is considering selling them.The move marks an abandonment...

20 June 2024
in
Power

ABO granted planning for two Northern Irish batteries

ABO Energy has been granted planning consent for two battery energy storage schemes in Northern Ireland totalling 335 MW/ 670 MWh.The Magherafelt Battery Energy Storage...

20 June 2024
in
Transport

Brightline keeps on track

Brightline's recapitalisation has involved raising debt for refinancing at the opco, parentco and holdco levels. Complex? Yes. Does it work? Investors seem convinced. Is...

20 June 2024
in
Oil & gas

China not continuing mega oil-backed loans to LatAm

China will not be resuming the mega oil-backed leaning of yesteryear as its focus turns to debt negotiations, according to the Inter-American Dialogue (IAD) and the...

20 June 2024
in
Renewables

ContourGlobal Solar closes on amendment

ContourGlobal Solar Holdings – a joint venture between ContourGlobal and funds managed by Energy Infrastructure Partners – has closed on a €62.3 million...

20 June 2024
in
Telecoms and Communications

Actis launches new Asian data centre platform

Actis has announced the launch of the Epoch Digital data centre platform which is currently developing 200MW of IT capacity across Asia.The platform is currently...

20 June 2024
in
Renewables

energyRe signs PPAs with the US military

energyRe has signed two 15-year PPAs to supply solar energy to US Department of Defense facilities in the Southeastern United States.Power will be supplied from the...

20 June 2024
in
Power

MUFG provides letter of credit for Hecate Grid

Hecate Grid has announced the recent closing of a 4-year $125 million Letter of Credit (LC) facility with Mitsubishi UFJ Financial Group (MUFG).The facility will be used...

20 June 2024
in
Manufacturing & equipment, Renewables

Drinda to invest in PV cell production in Oman

Hainan Drinda New Energy Technology has signed a provisional agreement with Oman Investment Authority (OIA) to establish a photovoltaic cell plant in Oman.Drinda will...

20 June 2024
in
Telecoms and Communications

Fengate completes investment in eStruxture Data Centers

Fengate Asset Management has completed the acquisition of Canada’s eStruxture Data Centers in a C$1.8 billion ($1.3 billion) deal.Fengate will “significantly...

20 June 2024
in
Renewables

INVL secures loan for Romanian and Polish solar portfolio

The INVL Renewable Energy Fund I has obtained a HoldCo facility totaling €17.5 million ($18.7 million) from an international debt fund.This facility will support the...

20 June 2024
in
Power

Amprion begins work on DolWin4 and BorWin4 projects

Amprion has begun construction of the DolWin4 and BorWin4 transmission projects to connect offshore wind in the German North Sea to the mainland.The lines end in Lingen...