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09 April 2020
in
Power, Renewables

Datong plans 200MW solar project under CRESP

The Chinese city of Datong in Shanxi province is planning to set up a 200MW solar and 6MW energy storage project to be developed under Phase-II of China’s Renewable...

09 April 2020
in
Transport

Hong Kong raises funds for airport

Hong Kong's Airport Authority (AA), already in talks with banks for a HK$20 billion ($2.6 billion) loan to help fund the city's third runway, has announced...

09 April 2020
in
Transport

Germany's A3 PPP reaches financial close

A consortium of Eiffage Concessions and Johann Bunte Bauunternehmung  has achieved contractual and financial close of Germany's largest motorway infrastructure...

09 April 2020
in
Power, Renewables

PG&E revised plan approved by court

US Bankruptcy Court in San Francisco has approved the Pacific Gas and Electric's (PG&E) revised reorganization plan and has left the $13.5 billion settlement for...

09 April 2020
in
Metals and Mining

ResGen shareholders approve Boikarabelo funding package

Shareholders of Resource Generation (ResGen) have voted to approve a ZAR4.2 billion ($230.6 million) debt and equity funding package for the Boikarabelo coal mine in...

09 April 2020
in
Oil & gas

Annova LNG awarded environmental permit

Texas Commission on Environmental Quality has issued a state permit to the Annova LNG export terminal project at the Port of Brownsville. FERC had issued a permit to the...

09 April 2020
in
Oil & gas

Adani and Total close $600m loan for Dhamra LNG project

Adani and Total have raised a $600 million five-year facility to back their $753 million Dhamra LNG regasification terminal project in Dhamra Port, Odisha, India.The 5...

09 April 2020
in
Oil & gas

Kosmos completes RBL facility re-determination, delays LNG project

Texas-based upstream oil company Kosmos Energy's lending syndicate has approved a borrowing base capacity of $1.5 billion on its reserve based lending credit...

09 April 2020
in
Renewables

EDP issues €750m green bonds

EDP has priced €750 million ($815 million) worth of green bonds. The 7-year notes have a coupon of 1.625%, corresponding to a yield of 1.719%. Proceeds will finance...

09 April 2020
in
Social infrastructure

COVID-19: EQT to terminate acquisition of NZ care provider Metlifecare

EQT Infrastructure IV fund's Asia Pacific Village Group Limited (APVG) will withdraw from an agreement to acquire 100% of New Zealand retirement village provider...

09 April 2020
in
Power

MIGA backs refinancing of Cambodian power transmission project

Cambodia Transmission Ltd (CTL) - which is owned by HNG Capital - has refinanced a 2013 power transmission project that was initially backed by funding from the...

09 April 2020
in
Telecoms and Communications

Macquarie consortium closes Airtrunk stake acquisition

A consortium led by Macquarie Asia Infrastructure Fund 2 (MAIF2) has reached financial close on the acquisition of an 88% stake in hyperscale data centre platform...

09 April 2020
in
Power

AP Moller buys Kenyan power plant from Naturgy

AP Moller Capital has completed its first Kenyan investment with the acquisition of the 52.5MW Iberafrica thermal power plant in Nairobi, from Naturgy. The plant has been...

09 April 2020
in
Power, Renewables

Austin’s Power Bankers: Can they keep their mojo?

The good times are continuing in US power for now, with strong renewables activity compensating for slowing gas-fired volumes. Proximo asks the top lenders in the US...

09 April 2020
in
Waste and water

AIIB commits $385m to improve water access in Uzbekistan

The Asian Infrastructure Investment Bank has approved a $385 million loan to provide access to safely managed water and sanitation services and strengthen the operational...

09 April 2020
in
Renewables

China amends rates for solar subsidies

The Chinese National Development and Reform Commission (NDRC) has announced lower rates of subsidy for solar power systems as from June 1. Residential solar systems...

09 April 2020
in
Oil & gas

BP declares force majeure on Tortue LNG project

BP has declared force majeure on its Tortue LNG project with Golar LNG on the maritime border of Mauritania and Senegal, saying it would not be ready to receive the...

09 April 2020
in
Metals and Mining

Centerra turns down Premier Gold’s $205m Greenstone offer

Canada's Centerra has turned down an offer from Premier Gold to buy its 50% interest in the Greenstone Gold Mines Partnership for about $205...

09 April 2020
in
Renewables

Norway approves amended plans for Hywind Tampen

Norways's Ministry of Petroleum and Industry has approved two updated plans submitted by Equinor and its Snorre and Gullfaks partners for development and operation of...

09 April 2020
in
Power, Renewables

AfDB finances Sao Tome energy transition project

Sao Tome, the capital of Sao Tome and Principe, is set to receive $14 million from the African Development Bank to support the Energy Transition and Institutional Support...