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08 October 2020
in
Renewables

Proximo Weekly: Watch the Polish offshore wind horizon

Of the more established project finance sectors discussed at Proximo Europe 2020: Infrastructure & Renewables Finance last week, a new geographic market – Polish offshore...

08 October 2020
in
Telecoms and Communications, Transport, Waste and water

Australian budget provides A$14bn to accelerate infra projects

Australia's 2020-21 Federal Budget has been released and shows a continuing commitment to spending to stimulate a post COVID-19 recovery. The budget outlines A$14...

08 October 2020
in
Renewables

Pacific Current acquires 6MW Port Allen Solar facility on Kauai

Pacific Current subsidiary Kaieie Waho Company has acquired the 6MW Port Allen Solar facility on the Hawaiian island of Kauai from Alexander & Baldwin's McBryde...

08 October 2020
in
Oil & gas

World Bank invites EoIs for Libyan LNG import projects

The World Bank is seeking prospective advisers for the planning of two LNG import facility projects in Libya. Responses to the DFI’s invite for expressions of...

08 October 2020
in
Oil & gas

REG plans $825m Geismar biorefinery expansion

Renewable Energy Group Inc (REGI) is planning an $825 million expansion of its Geismar biorefinery in Ascension Parish, Louisiana. The project will increase annual...

08 October 2020
in
Renewables

New US wind developer Triple Oak backed by EnCap

Onshore wind developer Triple Oak Power (TOP) has announced its formation with a capital commitment from EnCap Investments. Yorktown Partners, Mercuria Energy and the TOP...

08 October 2020
in
Renewables

K2 engaged as Owner's Engineer for two Vietnamese wind projects

K2 Management has been engaged by developer Xuan Cau as the owner's engineer for two wind projects in Vietnam.  The scope of work for a 60MW onshore wind farm in...

08 October 2020
in
Power, Renewables

Engie appoints new CEO after 8-month search

Engie has appointed Catherine MacGregor as its new chief executive officer to succeed Isabelle Kocher who left the company eight months ago. She will assume the role from...

08 October 2020
in
Power

Arroyo closes Pemcorp gas-fired project refi

On 18 September Arroyo Energy closed a roughly $170 million seven-year debt package to refinance its 131MW Pemcorp simple-cycle gas-fired project in Mexico. The project,...

08 October 2020
in
Renewables

Financial close for Canadian Solar's Tastiota project in Mexico

Canadian Solar has reached financial close on its 126MW Tastiota solar project in the Mexican state of Sonora. The non-recourse financing package comprises a $67 million...

08 October 2020
in
Transport

26 firms prequalify for Lombok airport concession

Indonesian state-owned airport manager Angkasa Pura I has prequalified 26 companies for a 30-year concession to develop and manage Lombok international airport. The...

08 October 2020
in
Oil & gas

EPC contractor selected for First Gen LNG import terminal

FGEN LNG Corporation has selected McConnell Dowell as its EPC contractor for its interim LNG import terminal project in the Philippines. The EPC contractor will modify...

08 October 2020
in
Renewables

Allianz completes acquisition of two Polish wind projects

Allianz Capital Partners has closed the acquisition of its first renewable energy installations in Poland. The acquisition from Enertrag includes the 133MW Dargikowo and...

08 October 2020
in
Transport

Serbia signs $712m road construction deal with Chinese group

Serbia's government has signed a €606 million ($712 million) contract for the construction of the Fruskogorski Corridor high-speed road with China Road and...

08 October 2020
in
Renewables

2W Energia closes mezzanine facility for Anemus wind project

Brazilian energy trader 2W Energia has negotiated the required financing for the construction of the 138MW Anemus wind complex in Rio Grande do Norte state. The company...

08 October 2020
in
Power, Renewables

Engie schedules Brazilian renewable energy auctions

Engie Brasil Energia has scheduled two auctions to contract renewable energy to meet demand in Brazil's Southeast and Midwest markets. On October 27, Engie will hold...

08 October 2020
in
Transport, Waste and water

€60m EBRD loan funds tourism infrastructure project in Albania

The European Bank for Reconstruction and Development is providing a €60 million loan to co-finance tourism-enabling infrastructure, such as roads, water and...

08 October 2020

ADB to scale up operations in PNG by $1bn

The Asian Development Bank has endorsed a new country partnership strategy for Papua New Guinea covering 2021–2025. The new CPS focuses on developing the...

08 October 2020
in
Transport

ADB to agree $150m financing for airport projects in Nepal

The Asian Development Bank is set to issue $150 million to the Civil Aviation Authority of Nepal to upgrade the airports in Kathmandu and Bhairahawa.ADB said $60 million...

08 October 2020
in
Transport

$1.7bn contracts awarded for ADB-funded Malolos–Clark Railway Project

Construction of the Asian Development Bank-funded Malolos–Clark Railway Project in the Philippines is expected to begin soon following the signing of three civil...