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14 May 2021
in
Power, Renewables

Vitol to repower recently purchased Illinois wind farm with Exus

Exus Management Partners has been selected to lead on Vitol’s plan to invest more than $250 million to upgrade and repower llinois’ Big Sky Wind Farm, a...

14 May 2021
in
Transport

Toronto transit projects receive C$12bn from government

The Canadian government has made a C$12 billion ($9.9 billion) commitment to transit projects in Toronto and Hamilton. Four construction-ready projects in Toronto will...

14 May 2021
in
Transport

Vietnam signs second expressway PPP

Vietnam's Ministry of Transport has signed a contract with a consortium of five companies to build the Dien Chau-Bai Vot section of the north-south expressway under a...

14 May 2021
in
Renewables

Ecoener awarded 31MW in Canary Island wind tender

Ecoener has run out as the most successful bidder in the EOLCAN 2 tenders for Canary Island wind projects. The company was awarded concessions valued at €6.85...

14 May 2021
in
Renewables

Univergy looks for Scottish offshore wind project partner

The Spanish-Japanese company Univergy Solar has begun a process to identify a financial partner to start the 500MW Project Scotia Ventus floating offshore wind project in...

14 May 2021

Zorlu RES receives 'B-(EXP)' rating from Fitch for IDR and bond issuance

Fitch has given Turkish renewable energy producer Zorlu Yenilenebilir Enerji Anonim Sirketi (Zorlu RES) a Long-Term Issuer Default Rating (LT IDR) of 'B-(EXP)'...

14 May 2021
in
Power

EP Infrastructure to halt coal by 2030

Czech EP Infrastructure has announced that its plans to abandon coal by 2030 and to become carbon-neutral by 2040. The company, which currently uses coal in its heating...

14 May 2021
in
Oil & gas

Saturn acquires transformation light oil assets

Saturn Oil and Gas has signed an arms-length definitive agreement to acquire assets in the Oxbow area of Southeast Saskatchewan for approximately $93 million. The...

14 May 2021
in
Power, Renewables

Avangrid privately places $4bn of stock

Avangrid (AGR) will privately place $4 billion of common stock with its majority owner, Spanish utility group Iberdrola and the Qatar Investment Authority (QIA). QIA will...

14 May 2021

LGC hires Head of Sustainability

Alternative asset platform Legal & General Capital (LGC) has appointed John Alker as its new Head of Sustainability, effective August 9. He will join from the UK...

14 May 2021
in
Power, Renewables

Repsol to acquire Hecate Energy stake

In its first foray into the US renewables market, Spanish energy company Repsol is to acquire a 40% stake in US solar and storage developer Hecate Energy and will hold an...

14 May 2021
in
Renewables

Zephyr Vind plans 1GW Swedish offshore wind project

Zephyr Vind has announced plans for a Swedish offshore wind farm that would incorporate both floating and fixed-bottom foundations. The Poseidon project would consist of...

14 May 2021
in
Power

Ofgem opens Eastern HVDC consultation

Ofgem has opened a consultation on the development of the Eastern HVDC electricity transmission project on the UK's east coast. The project will construct two 2GW...

14 May 2021
in
Power, Renewables, Social infrastructure, Waste and water

Private sector participation in developing countries drops in 2020

New data from the World Bank shows that private participation in infrastructure (PPI) in developing countries, while taking an historic plunge in the first half of 2020...

14 May 2021
in
Renewables

Statkraft to add 234MW of solar in Cadiz

Statkraft is to invest €200 million ($242 million) to build 4 solar plants in the Cadiz region of southern Spain. The projects are co-located within an 8km radius of...

14 May 2021
in
Power, Renewables

Gore Street acquires 80MW battery in Milton Keynes

Gore Street Energy Storage Fund has acquired an 80MW construction-ready energy storage project in Milton Keynes, from RES. The expected total capex for the project is...

14 May 2021
in
Renewables

Apex closes sale of Isabella wind farms to DTE

Apex Clean Energy has closed the sale of the Isabella Wind I and II projects in Michigan’s Isabella County to DTE Energy. The wind farms, with a combined capacity...

14 May 2021
in
Telecoms and Communications

BT seeks JV partners for FTTP expansion

BT has increased its target for fibre-to-the-premises (FTTP) network connections and is seeking external partners to form joint ventures for an expansion being built by...

14 May 2021
in
Transport

GMA seeks advisors for Gautrain feasibility study

The Gautrain Management Agency (GMA) has issued a request for proposals (RfP) for a multidisciplinary transaction adviser to develop a detailed feasibility study for the...

14 May 2021
in
Power, Renewables

Developers plan solar/hydrogen project near Arad

Developers are planning to build a 45MW solar power plant and 3MW hydrogen facility near Arad in western Romania. Local company C-Gaz & Energy Distribuţie will...