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06 May 2020
in
Metals and Mining, Renewables

Gran Colombia to invest in 11.2MW Suarez solar project

Toronto-headquartered Gran Colombia Gold has signed a letter of intent with Renergetica Colombia to acquire, through its Segovia Operations, a solar project with a total...

06 May 2020

The Proximo Weekly Digest - Bullish in a china shop

Interest in project private credit risk insurance is on the up in the wake of Covid-19 – and insurers seem keen to respond.

06 May 2020
in
Transport

CAF agrees $100m financing for Paraguay road and port project

CAF has approved financing of $100 million for a road and port project in Paraguay.The project reduces the logistical costs of using the Puerto Indio jetty for the export...

06 May 2020
in
Power, Renewables

SECI extends deadline for North Andaman solar and storage tender

The Solar Energy Corporation of India (SECI) has again extended the bidding deadline for 4MW floating solar with 2 MW of battery storage to be developed at Kalpong Dam,...

06 May 2020
in
Power

Summit Gazipur II oil-fired plant closes financing

On 22 April, Summit Gazipur II – wholly owned by Singapore-headquartered Summit Power International – reached financial close on a $140 million refinancing...

06 May 2020
in
Transport

ResGen enters funding deal for coal mine rail link

Resource Generation (ResGen) subsidiary Ledjadja Coal has entered into non-binding term sheets with the Harith-managed Pan African Infrastructure Development Fund II...

06 May 2020
in
Renewables

Allete completes tax equity for South Peak wind project

Allete Clean Energy has sold Class A passive membership interests in Great American West Wind to JPM Capital Corporation to support its 80MW South Peak wind project in...

06 May 2020
in
Renewables

Atvos facing hostile takeover attempt from Lone Star

Private equity firm Lone Star Funds has taken the most aggressive action so far in the judicial restructuring of Atvos Agroindustrial by launching a hostile takeover of...

06 May 2020
in
Renewables

Tech CU to provide $1bn to SunPower for solar loans

The California-based Technology Credit Union (Tech CU) has entered into an agreement to provide $1 billion in financing for residential solar loans via a partnership with...

06 May 2020
in
Transport

AfDB agrees €41m financing for Cameroon-Chad bridge project

The African Development Bank has approved grants worth €40.94 million for the construction of a bridge to connect Cameroon and Chad across the Logone river.The...

06 May 2020
in
Renewables

Opdenergy signs PPA with TVA solar project in Kentucky

Spanish developer Opdenergy has signed a 15-year PPA with Tennessee Valley Authority (TVA) for a 90MW solar plant in Simpson County, Kentucky. The award was made under...

06 May 2020
in
Renewables

Savion adds to management team

Solar developer Savion has appointed Diana Scholtes, the former vice president of renewable strategy at Avangrid Renewables, as its chief commercial officer. She has...

06 May 2020
in
Renewables

Resonance acquires four Scottish wind turbines

Infrastructure investor Resonance Asset Management has acquired four wind farms in Scotland through its second fund Resonance British Wind Energy Income II Limited (RBEIF...

06 May 2020
in
Transport

Balfour Beatty Vinci appoints MD for HS2 contracts

The Balfour Beatty/Vinci joint venture has appointed Michael Dyke as managing director for the £5 billion HS2 civil engineering contracts between the Long...

06 May 2020
in
Social infrastructure

AMP Capital buys John Laing stake in ASCF

AMP Capital has competed the acquisition of a 30% interest in the 960-bed Auckland South Corrections Facility (ASCF) from John Laing. The PPP project started operation in...

06 May 2020
in
Renewables

TEV and ARE close financing for solar portfolio in Indiana

Monarch Private Capital's (MPC) portfolio company Alchemy Renewable Energy (ARE) has reached financial close on a portfolio of seven solar projects in Indiana, with...

06 May 2020
in
Power

Financial close for Gazipur II IPP in Bangladesh

The first Bangladeshi independent power project to be financed exclusively by commercial banks has reached financial close. Clifford Capital and Sumitomo Mitsui Banking...

06 May 2020
in
Transport

Abidjan Metro: From PPP to EPC

Initially launched as a PPP in 2013, Ivory Coast has decided to keep the Bpifrance-backed financing of the Abidjan Metro on the government books. Alain Descamps, chairman...

06 May 2020
in
Transport

Sumitomo takes share in FPSO for Petrobras' Marlim II project

Sumitomo Corporation has concluded an agreement with Malaysian offshore development services provider Yinson Holdings Berhad to acquire a 25% interest in the floating...

06 May 2020
in
Renewables

Enex and Eavor plan Bavarian geothermal project

Enex Power Germany and Eavor Technologies have entered into a letter of intent to form a development company to build heat and power projects within an existing...