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07 December 2020

Almonty executes $75m KfW-IPEX Sangdong Mine project financing

Toronto-based Almonty Industries has announced the execution of the Facility Agreement and the Completion Agreement with Germany's KfW-IPEX Bank for the $75.1 million...

07 December 2020
in
Renewables

Andhra Pradesh tenders 6.4GW of solar for farmers

The Andhra Pradesh Green Energy Corporation Limited (APGECL) is tendering 6.4GW of solar power projects to supply free power to farmers in the state. The solicitation...

07 December 2020

Vivant eyes $62m issuance for Philippine power projects

Vivant Corporation is looking to raise  PHP3 billion ($62 million) from the issuance of 2-year and 5-year fixed rate corporate notes to fund power and water projects...

07 December 2020
in
Power

BNetzA makes awards for decommissioning coal-fired power

Germany's Federal Network Agency (BNetzA) has made awards in its first coal-fired power plant phase-out auction. The 4GW tender was significantly oversubscribed with...

07 December 2020

ORIX to buy 70% stake in Gravis Capital Management

ORIX Corporation has entered into an agreement to acquire a 70% equity stake in London-based independent asset manager Gravis Capital Management. Gravis currently acts as...

07 December 2020
in
Metals and Mining

Cornish Lithium to accelerate Trelavour hard rock lithium project

UK-based mineral explorer and developer Cornish Lithium is to speed up the Trelavour hard rock lithium project in St Austell following successful metallurgical test...

07 December 2020
in
Renewables

France launches wind tender for 1GW off Normandy

French government has chosen an area 32km off the coast of Cotentin in Normandy as the site of its latest 1GW offshore wind development. It has also launched a...

07 December 2020
in
Power, Renewables

AERIF enters SPA for 50MW Albeniz solar project

Aquila European Renewables Income Fund (AERIF) subsidiary Tesseract Holdings has entered into a share purchase agreement to acquire 100% of the 50MW Albeniz solar...

07 December 2020
in
Metals and Mining

IGO to buy stake in Greenbushes lithium mine from Tianqi

Australian nickel-gold miner Independence Group (IGO) is in negotiations to buy a minority stake worth almost $1.5 billion in a vehicle holding Tianqi Lithium Corp's...

07 December 2020
in
Power, Renewables

DFIs and PT SMI join forces on sustainable infrastructure project in Indonesia

PT Sarana Multi Infrastruktur and the European Union, together with KfW and Agence Française de Developpement (AFD) are uniting to achieve sustainable development...

07 December 2020
in
Metals and Mining

Northern Vertex Mining and Eclipse Gold announce merger

Canada's Northern Vertex Mining and Eclipse Gold Mining are to merge to create a new gold growth resource business focused on the Western United States. Northern...

07 December 2020
in
Power

SBI under pressure over Carmichael loan to Adani

BlackRock and Norway's Storebrand have contacted the State Bank of India (SBI) expressing concerns over a proposed loan to Adani Enterprises to help fund...

07 December 2020
in
Renewables

PSEG to acquire 25% stake in Ocean Wind

Public Service Enterprise Group (PSEG) has signed an agreement with Orsted to acquire a 25% stake in the 1.1GW Ocean Wind offshore wind project to be located 24km off the...

07 December 2020
in
Oil & gas, Power

Southern Company and Georgia Power CFOs swap roles

Southern Company Gas has named David Poroch executive vice president and chief financial officer to oversee the finance, accounting, business planning and risk management...

07 December 2020
in
Power, Renewables

Downing trust IPO raises £122m

Downing Renewables & Infrastructure Trust PLC (DORE) has raised gross proceeds of £122.5 million ($162 million) as part of an initial public offer in London....

07 December 2020
in
Power

Tata Power sole qualified bidder for Odisha discoms

Tata Power has submitted the only qualified bids in the privatisation of two electricity distribution companies in the Indian state of Odisha by the Odisha Electricity...

07 December 2020
in
Oil & gas

Maverick Natural Resources acquires FourPoint

Maverick Natural Resources has acquired FourPoint Energy in an all-equity merger, with the wholly-owned subsidiary rebranding as Unbridled Resources. The acquisition also...

07 December 2020
in
Transport

Preferred bidder named for first Czech motorway PPP

The Czech Republic's Ministry of Transport has designated a consortium of Vinci and Meridiam as preferred bidder for the D4 motorway availability-based public-private...

07 December 2020
in
Metals and Mining

Trump admin set to approve Arizona land swap for mine opposed by Native Americans

US President Donald Trump’s outgoing administration is set to approve a controversial land swap later this month that would give Rio Tinto and partners more than...

07 December 2020
in
Transport

Sweden proposes $2bn credit for aviation projects in Vietnam

Sweden has proposed a $2 billion commercial loan to develop aviation projects in Vietnam, including the Long Thanh International Airport. The funding will also cover the...