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29 May 2017

Spain to launch another 3GW renewables auction

Spain’s Ministry of Industry has announced it will hold another 3GW renewable energy auction before the summer.  A significant amount of wind...

25 May 2017

Opportunity of the day: Yingli Solar seeks $100m to fund planned expansion in Brazil and Chile

Yingli Green Energy Holding is in need of international sources of funding of about $100 million for its planned expansion into Latin America. The company, which is also...

25 May 2017
in
ECA

Lloyd’s launches risk consortium in Asia

Three Lloyd's market insurers - Chaucer, Beazley and Talbot Validus Group - have joined forces to create consortium offering large-scale political risk cover out of...

25 May 2017

Nepal eyes PPP model for stalled Tamakoshi 3 hydro project

Investment Board Nepal (IBN) has submitted a proposal to the Energy Ministry that could revive a run-of-river hydro project located in Dolakha and Ramechhap...

25 May 2017
in
MFI/DFI

ADB issues Green Bonds for Indian renewables

The bonds offer a 6% interest rate with a 3.75-year maturity, due in February 2021.  JP Morgan and TD Securities were the underwriters. The Asian Development Bank...

25 May 2017

FPL seeks approval for $888m Dania Beach power plant replacement

Florida Power & Light is asking the Public Service Commission for exemption to the issue of request for proposals for the project to replace its ageing Broward County...

25 May 2017

Bangladesh approves 750MW Meghnaghat power project

Reliance Power will develop the gas-fired power plant in Narayanganj, subject to performance certificates for the equipment relocated from India. The...

25 May 2017

Poyry to advise on Qatari IWPP project bids

International engineering consultants Poyry has been awarded the Technical Bid Advisor mandate by the Qatar General Electricity & Water Corporation for an integrated...

25 May 2017
in
MFI/DFI

Expressions of Interest for Zambia's second Scaling-Up solar project

Twenty-one submissions were made to the Industrial Development Corporation for the opportunity to develop 200MW of solar as part of the IFC-sponsored Scaling-Up...

25 May 2017

Northland and Yushan plan Taiwanese 1.2GW offshore wind project

A joint venture by Canadian independent power producer Northland Power and Enterprise Energy subsidiary Yushan Energy is planning the Hai Long development as a two-phase...

25 May 2017

AMP Capital buys $163m Swedish energy portfolio

The Sydney-headquartered investment manager has reached financial close on the Solar Bioenergi portfolio of residential, municipal and industrial district heating assets....

25 May 2017

Seven bidding for Norwegian motorway PPP

Seven consortia have submitted qualification documents to Norwegian state road authority Vegvesen for the 25km RV3/RV25 motorway PPP. Three bidders for the NKr4 billion...

25 May 2017

Amu Power signs for $1.9bn Lamu supercritical thermal project

Kenyan and Chinese special purpose company Amu Power is to build a 1GW coal-fired power facility in Manda Bay, near the port of Lamu. The LAPSSET project has received $1...

25 May 2017
in
MFI/DFI

Clean energy target for ADB’s Energy Investment Forum

The Central Asia Regional Economic Cooperation (CAREC) 2017 Energy Investment Forum will be held at the Astana Expo, Kazakhstan on the 18-19 July. The...

25 May 2017

Star Energy Geothermal $660m loan signed

Star Energy Geothermal has signed a $660 million dual tranche loan to finance an equity stake in Chevron’s geothermal operations in Indonesia and the Philippines,...

25 May 2017

Karara project funding: $300m loan facility extension

Karara Mining Limited, set up through a joint venture between Anshan Iron and Steel Group Corporation and Gindalbie Metals Limited for the Karara Operation in Australia,...

25 May 2017

Dubai solar park phase 3 funding signing imminent

Signing of the funding backing development of the $900 million 800MW third phase of the 5GW Mohammed bin Rashid Al Maktoum Solar Park in Dubai is imminent. The...

25 May 2017

SWCC appoints advisory team for Shuqaiq and Yanbu IWPs

Saudi Arabia’s Saline Water Conversion Corporation (SWCC) has awarded the financial, technical and legal advisory mandates for its 380,000 cubic metres per day...

24 May 2017

Opportunity of the day: FRIEM to raise trade finance if awarded contracts to supply DEWA's $272m substation developments

Italy's FRIEM is exploring opportunities to supply power equipment for three substations being developed by Dubai Electricity and Water Authority (DEWA). The company...

24 May 2017

Dong Energy sells $1.3bn oil assets to Ineos

The Danish energy company has sold its upstream oil and gas business to London-headquartered Ineos in a deal that includes a $1 billion unconditional cash payment,...