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27 October 2020
in
Oil & gas, Power

Allianz to buy majority stake in Galp's Portuguese gas network

Allianz Capital Partners (ACP), on behalf of its companies and the Allianz European Infrastructure Fund, has signed an agreement to purchase a 75% percent stake in Galp...

27 October 2020
in
Power

AC Energy funds first phase of subsidiary's Pililla power plant

AC Energy Philippines (ACEN) has executed a new subscription agreement with subsidiary Ingrid Power Holdings, with the proceeds funding the first 150MW phase of the...

27 October 2020
in
Power, Renewables

Empower issues EoIs for African renewables portfolio

Empower New Energy has issued expressions of interest from prospective advisory firms – for legal, technical, tax and model auditors roles – on the Oslo-based...

27 October 2020
in
Transport

DBSA could co-finance South Africa high-speed rail network expansion

South Africa’s only high-speed rail network is drawing up a multibillion rand plan to expand outside Johannesburg and Pretoria, joining a potential bonanza of...

27 October 2020
in
Waste and water

EIB helps finance drinking water supply projects in Tunisia

The European Investment Bank has agreed financing of €38 million to utility Sonede to fund several drinking water supply projects in Greater Tunis.Sonede will have...

27 October 2020
in
Metals and Mining

Danakali to miss out on second AFC loan for Colluli potash project

Australia-based Danakali Limited has revealed that the second tranche of a loan from the Africa Finance Corporation is likely to fall through.The company admitted it was...

27 October 2020
in
Telecoms and Communications

Bpifrance finances Isocel fiber-optic extension in Benin

Benin’s internet service provider Isocel has received a loan of €6 million from Bpifrance to expand its network.Isocel will extend its fiber-optic network over...

27 October 2020
in
Transport

IBRD approves 300km road improvement project in Meghalaya

The World Bank has approved a $120 million project to improve and modernize the transport sector of Meghalaya, a hill state located in the north east of India. The...

26 October 2020
in
Metals and Mining

IDC looking for Foskor partner

South African state-owned DFI Industrial Development Corporation (IDC) is to finalise a “strategic partner” for Foskor after the phosphate producing...

26 October 2020
in
Renewables

Hive's Sabinar solar project is approved

Hive Energy has received both environmental and planning approval for the 169MW Sabinar solar farm in Cuenca, Spain. Construction is expected to start next summer....

26 October 2020
in
Power, Renewables

CPA issues Request for Offers for energy storage projects

Clean Power Alliance (CPA) has released its Clean Energy 2020 Request for Offers to expand its renewable energy portfolio with a view to adding more energy storage....

26 October 2020
in
Power, Renewables

Azelio and Jet Energy sign MoU for Moroccan storage projects

Swedish technology company Azelio has signed a MoU with solar EPC and O&M specialist Jet Energy to explore the development of energy storage projects in Morocco and...

26 October 2020
in
Transport

Vietnam presses for Sapa Airport pre-feasibility study

Vietnam's deputy prime minister has asked the government of the northern upland province of Lao Cai to complete the pre-feasibility study of the Sapa airport project....

26 October 2020
in
Oil & gas, Renewables

Repsol plans biofuel plant at Cartagena refinery

Spanish energy company Repsol is planning to invest €188 million ($220 million) to build a biofuel plant at its refinery in Cartagena. The facility will recycled raw...

26 October 2020
in
Renewables

Borrego to build 55MW solar portfolio in Maine

Borrego Solar has announced an 8-project portfolio of distributed solar generation across Maine with a total capacity of 55MW. The portfolio is as a result of a request...

26 October 2020
in
Social infrastructure

EIB and IFD launch Portugal health investment programme

The EIB and Instituicao Financeira de Desenvolvimento (IFD) are jointly financing a €400 million investment programme aimed at upgrading infrastructure for long-term...

26 October 2020
in
Power, Renewables

Iberdrola issues €3 billion hybrid bond

Iberdrola has announced the issuance of a €3 billion ($3.5 billion) hybrid bond at a weighted average cost of 2.049%. It is split into a €1.6 billion perpetual...

26 October 2020
in
Transport

Three Seas fund makes first investment in Polish rail lease business

Investment manager Amber Infrastructure Group has announced the first investment by the Three Seas Initiative Investment Fund S.A. SICAV-RAIF (3SIIF) after signing an...

26 October 2020
in
Power, Renewables

Transgrid to build first of 10 batteries in NSW

Transgrid will use Tesla’s latest Megapack battery technology to build the 50MW/75MWh Wallgrove Grid Battery that will be located at the Wallgrove substation in...

26 October 2020
in
Renewables

Atlas delays close for La Pimenta solar project loan

Atlas Renewable Energy is expected to reach full financial close for its 444MW La Pimienta solar project project in Mexico by year-end. The sponsor had initially penciled...