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29 October 2020
in
Power, Renewables

BayWar r.e. appoints head of UK storage and power-to-x

BayWa Renewable Energy has appointed Stefan Tait as UK energy storage and power-to-x head. Tait has spent the last three years as the company’s...

29 October 2020
in
Metals and Mining, Oil & gas, Power

Nationals call for ANZ boycott after bank's push for net zero emissions

A climate change commitment from Australia's ANZ to halt lending to its largest customers unless the businesses can prove carbon transition plans by next year has...

29 October 2020
in
Transport

Pennsylvania bill to expand scope of transport PPPs

The Pennsylvania Senate Transportation Committee has voted to advance a bill to expand the state’s authorisation to use public-private partnerships beyond the...

29 October 2020
in
Renewables

Brookfield to power JPMorgan's NY operations with hydro

Brookfield Renewable has entered into a 5-year arrangement to supply JPMorgan Chase’s real estate operations in New York State from its hydroelectric facilities....

29 October 2020
in
Metals and Mining

Resgen coal mine financing halted following lender withdrawal

Sponsors of a R4.2 billion coal mine in Limpopo, South Africa - Resouce Generation (Resgen) - 51%; Fairy Wing Trading (26%), PIC (10%), IDC (10%) and Nobel (3%) - have...

29 October 2020
in
Oil & gas

Proximo Weekly: Are deep pockets needed for the Petrobras sell-off?

The Petrobras divestment programme has overcome its COVID hiccup. But debt finance – particularly from the RBL market – may only be available in theory.

29 October 2020
in
Renewables

Clenera picks RES for Wapello solar project EPC

Renewable energy company Clenera  has selected Renewable Energy Systems (RES) as its EPC partner for the 127MW Wapello Solar Project in Louisa County, Iowa. Central...

29 October 2020
in
Renewables

RCBC appoints K2 as lenders technical advisor for Vietnamese offshore wind farm

Philippine bank Rizal Commercial Banking Corporation (RCBC) has appointed K2 Management as Lender’s Technical Advisor for the 210MW onshore wind farm being...

29 October 2020
in
Transport

CDP to submit offer for 88% of Aspi

The Board of Directors of Cassa Depositi e Prestiti (CDP) have given permission to CDP Equity to submit a detailed offer for the acquisition of 88.06% of Autostrade per...

29 October 2020
in
Transport

SunCon consortium accepts LoA for Tamil Nadu road

The joint venture between Sunway Construction and RNS Infrastructure has accepted a Letter of Award from the National Highways Authority of India (NHAI) to develop a...

29 October 2020
in
Power

ASI to buy regional Finnish energy business

Aberdeen Standard Investments (ASI) is acquiring a 66% interest in Finnish regional energy business Outokummun Energia Oy. The North Karelia-based company has a 1,000km...

29 October 2020
in
Renewables

Planning consent granted to 500MW Wambo wind project

The Queensland government has granted planning approval for the 500MW Wambo wind farm being developed near Jandowae in the state's Western Downs region by Renewable...

29 October 2020
in
Telecoms and Communications

Telefonica and Allianz form German FTTH JV

Telefonica and Allianz have reached an agreement to form a 50/50 joint venture to invest €5 billion ($5.8 billion) over the next 6 years for the deployment...

29 October 2020
in
Manufacturing & equipment, Social infrastructure

MIGA backs Korea-Myanmar Industrial Complex project

The Multilateral Investment Guarantee Agency has issued guarantees to South Korea-based Korea Land & Housing Corporation to support the Korea-Myanmar Industrial...

29 October 2020
in
Transport

EBRD mulls €85m loan to support concession of Sofia Airport

The European Bank for Reconstruction and Development is considering providing a project finance loan of up to €85 million ($100 million) to support the concession of...

29 October 2020
in
Power

World Bank sanctions Chinese companies over project fraud

The World Bank has announced 18-month sanctions against China National Electric Engineering Company (CNEEC) and its wholly owned subsidiary, China Electric Design and...

29 October 2020
in
Metals and Mining

DFC may finance Lepidico's Karibib Phase 1 project

Australia-based Lepidico has entered into a formal mandate with the US International Development Finance Corporation (DFC) to undertake an in-depth analysis and...

29 October 2020
in
Renewables

IADB finances refit of Honduras hydroelectric dam

The Inter-American Development Bank (IADB) has approved an $18 million loan to help Honduras refit the Francisco Morazán hydroelectric dam and boost the...

28 October 2020

Keppel awarded Singapore district cooling project

Keppel DHCS has been awarded a 30-year contract by JTC to build, own and operate a new district cooling system (DCS) plant in Bulim Phase 1. The S$300 million ($220...

28 October 2020
in
Oil & gas, Power

MoU signed for Hai Phong LNG-to-Power collaboration

ExxonMobil Hai Phong Energy Pte Ltd (EMPHE), JERA and the Hai Phong People’s Committee have signed a MoU to collaborate on a proposed integrated LNG import terminal...