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15 April 2021
in
Power, Renewables

Genex Power's Kidston pumped hydro is fully funded

Genex Power has executed all outstanding financing documentation and has reached Finance Document Contractual Close for the 250MW Kidston Pumped Storage Hydro Project...

15 April 2021
in
Renewables

Drax completes acquisition of Pinnacle Renewable Energy

Drax Group has completed its acquisition of Canadian sustainable bioenergy pellets company Pinnacle Renewable Energy. The transaction makes Drax the world’s leading...

15 April 2021
in
Waste and water

EIB funds drinking water project in Malawi

The European Investment Bank is approving a $35.7 million loan to extend the drinking water network in southern Malawi. The project is being implemented by the...

15 April 2021
in
Oil & gas

UK support for Mozambique gas plant fuelling conflict, says Friends of the Earth

The UK government is facing fresh calls to abandon its £750 million plan to support a gas export terminal in Mozambique over fears the fossil fuel project is...

15 April 2021
in
Renewables

Redstone CSP PPA amendment signed

A PPA amendment with Eskom for the $750 million Redstone concentrated solar power (CSP) project in South Africa has been signed, according to a source with knowledge of...

15 April 2021
in
Metals and Mining

BNDES exits Vale with $2bn bonds sale

BNDES has sold 214 million bonds in mining giant Vale for BRL11.5 billion ($2 billion). The bonds carry rights to some properties in the north. Of the total sold, 142...

15 April 2021
in
Power, Renewables

DFC makes Call for Applications for distributed renewable energy projects

The US International Development Finance Corporation has announced a Call for Applications from private companies seeking financing for distributed renewable...

14 April 2021

Laura Katherine Mann joins White & Case as Houston partner

White & Case has expanded its Houston office with the addition of Laura Katherine Mann as a partner. Mann will join the firm's Global Capital Markets Practice and...

14 April 2021

CAF appoints Renny Lopez as Interim Executive President

CAF - the development bank of Latin America - has appointed Renny Alberto Lopez as Interim Executive President. The move follows Luis Carranza Ugarte's resignation...

14 April 2021
in
Waste and water

Burkina Faso launches Paval water project

The government of Burkina Faso has launched the Lerabah Plain Development Project (Paval) – a scheme designed to increase the irrigation capacity of more than 1,400...

14 April 2021
in
Renewables

USF launches $105m placing

US Solar Fund (USF) has launched an initial placing to raise $105 million as part of a placing programme for the next 12 months. USF expects to use $82.5 million for the...

14 April 2021
in
Renewables

Photon and Canadian Solar swap Australian project rights

Photon Energy has exchanged project rights with its development partner Canadian Solar on three Australian solar projects. The company has swapped its 49% stake in the...

14 April 2021

Proximo Weekly: Hot air on a G string?

Given the difficulty of structuring major infrastructure investments in certain markets - lack of international standards of transparency and regulation - can and will...

14 April 2021
in
Renewables

Bulgarian coal-fired Bobov Dol plans PV park on ash pond

Bulgarian thermal power plant Bobov Dol intends to build a solar park at the 123-hectare site of its recultivated ash pond in Dupnitsa municipality, according to an...

14 April 2021
in
Renewables

RES signs VPPAs with Bimbo Canada

Renewable Energy Systems (RES) has signed two 15-year VPPAs with baker Bimbo Canada that will support the development of 170MW of wind and solar projects in southern...

14 April 2021
in
Renewables

Statkraft to build first wind project in Chile

Statkraft will start construction of its first wind farm in Chile in H2 2021. The 102MW Torsa wind complex will install 19 Nordex turbines across its Cardonal,...

14 April 2021

White & Case hires two partners from Shearman & Sterling

White & Case has hired infrastructure partners Tim Sheddick and Katie Hicks from Shearman & Sterling. The pair had joined Shearman & Sterling from Baker...

14 April 2021
in
Renewables

Axpo Nordic signs PPAs with Swedish wind projects

Axpo Nordic AS has agreed to buy the full output generated by two wind farms currently under construction in Sweden. Construction of the 60MW Hultema wind project started...

14 April 2021
in
Renewables

Talen and Pattern plan 1.4GW joint venture

Talen Energy Corporation  has entered into a joint venture with Pattern Energy Group to pursue the development, financing, construction and operation of 1.4GW of...

14 April 2021
in
Power, Renewables

EDF to sell West Burton B CCGT to EIG

EDF has signed a binding agreement with EIG for the sale of its 1,332MW Combined Cycle Gas Turbine power station and 49MW battery at West Burton B in Nottinghamshire....