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15 October 2020
in
Renewables

Tulu Moye geothermal EPC bids due

The heavily DFI-backed 50MW first phase of the $800 million 150MW Tulu Moye geothermal power project in Ethiopia's eastern Rift Valley is expected to...

15 October 2020
in
Oil & gas, Transport

Magnolia LNG granted permit extension by FERC

FERC has granted Glenfarne Group's Magnolia LNG project a five-year extension until April 2026 to establish its gas export terminal in Louisiana. Magnolia is...

15 October 2020
in
Renewables

Mainstream closes $280m mezzanine financing with AMP Capital fund

Mainstream Renewable Power has closed a $280 million three-tranche mezzanine financing with AMP Capital Infrastructure Debt Fund IV to fund construction equity to build...

15 October 2020
in
Renewables

Windhoek plans 25MW solar PPP

The Namibian capital of Windhoek has approved plans to develop a 25MW solar project through a public-private partnership (PPP). It has yet to be decided whether the N$420...

15 October 2020
in
Transport

Sri Lanka approves multi-storey parking project as PPP

The Sri Lankan cabinet has approved a project to build and maintain multi-storey car parks and mechanical parking stations at eight sites in Colombo and in the cities of...

15 October 2020
in
Power, Renewables

Apollo funds to invest in Great Bay Renewables

Certain funds managed by Apollo Global Management (APO) have formed a joint venture with Altius Renewable Royalties to accelerate the growth of Great Bay Renewables....

15 October 2020

Enel launches £500m sustainability-linked bond

Enel Finance International N.V. - the Dutch-registered finance company controlled by Enel S.p.A - has launched a single-tranche £500 million sustainability-linked...

15 October 2020

MIDIS raises €1.2bn for sub-investment grade infra debt strategy

Macquarie Infrastructure Debt Investment Solutions (MIDIS) has raised €1.2 billion ($1.4 billion) from institutional investors to invest in sub-investment grade...

15 October 2020
in
Renewables

MET to buy Bulgarian wind farm from Enel

MET Group has signed an agreement to buy full ownership of a 42MW wind farm in Bulgaria from Enel Green Power. The transaction is expected to close by the end of the...

15 October 2020
in
Telecoms and Communications

Spectrum secures Infracapital support for Welsh FTTP roll-out

Welsh broadband service provider Spectrum has secured a cornerstone investment from M&G's Infracapital to enable it to roll-out full fibre...

15 October 2020
in
Waste and water

Amapa launches public consultation for water concession

The government of the Brazilian state of Amapa has launched a public consultation for the concession to supply of water and sanitation services across its...

15 October 2020
in
Renewables

Dominion issues RfP for distributed solar projects

Dominion Energy Virginia has issued a request for proposals for the acquisition of new distributed solar projects or mechanically complete solar facilities under asset...

15 October 2020
in
Renewables

EDPR signs 100MW PPA for Ohio solar projects

EDP Renewables North America has closed a 15-year PPA with an unnamed offtaker for 100MW from two solar projects in the US state of Ohio. The projects are expected to...

15 October 2020

DFIs urged to scale up blended finance

In order to crowd-in more private sector investment, DFIs need to increase their levels of blended finance in low-income countries and provide a wider array of de-risking...

15 October 2020
in
Renewables

Chexim to finance solar PV plant in Lesotho

The Export-Import Bank of China has agreed to help finance a 70MWp photovoltaic solar power plant in the Mafeteng district of Lesotho.Work on the project, which has been...

15 October 2020
in
Metals and Mining

Argonaut Gold approves Magino project, announces financing

Argonaut Gold has approved the construction of its 100%-owned Magino gold project in Ontario, with first gold slated for the first half of 2023. The company also...

15 October 2020
in
Social infrastructure

Turkish firms seek to restructure $1.1bn hospital project debt as EBRD issues NPL warning

Two Turkish construction firms are looking to restructure €900 million ($1.1 billion) of debt owed to banks for the Izmir and Kocaeli hospital projects. Gama Holding...

15 October 2020
in
Renewables

DFC helps finance Ethiopian geothermal power plant

The US International Development Finance Corporation (DFC) has committed $1.55 million in technical development for the Tulu Moye Geothermal Power Plant Project in...

15 October 2020

Jonathan Brufal to lead Gowling WLG Dubai projects practice

Gowling WLG Dubai has welcomed back Jonathan Brufal to lead its projects practice in the Middle East and Africa. Brufal spent ten years in Dubai previously,...

15 October 2020

AIIB raises £800m in GBP market debut

The Asian Infrastructure Investment Bank has priced its first GBP-denominated benchmark transaction. The five-year sustainable development bond raised £800...