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26 March 2020
in
Power

Norway delays decision on interconnetor to Scotland

The Norwegian government is postponing a decision on a subsea interconnector to Scotland while it studies the market impact of other similar transmission projects. The...

26 March 2020

Webinar: Project and infrastructure finance and COVID-19

What could be the short- and medium-term impacts of COVID-19 on financing markets for project developers and PPP concessions? Proximo hosts a webinar with David Baxter,...

26 March 2020
in
Power, Renewables

Estonia attracts 17 bidders for first renewables tender

Estonia's first renewable energy tender has drawn 17 bidders and bids for three times the available capacity. The auction was designed to test the appetite for future...

26 March 2020
in
Social infrastructure, Telecoms and Communications, Transport

Fitch not expecting COVID-19 to impact North American availability PPPs

Fitch Ratings has issued a statement that it does not expect the COVID-19 situation to result in significant immediate rating actions for its North American availability...

26 March 2020
in
Renewables

SECI tenders a further 32MW at SCCL sites in Telangana

The Solar Energy Corporation of India (SECI) is tendering 32MW of solar capacity at two sites owned by Singareni Collieries (SCCL) in Telangana. SECI is seeking 22MW at...

26 March 2020
in
Social infrastructure

Toyota and NTT sign MOU for smart city development

Toyota Motor Corporation and NTT Corporation have entered into a MOU to partner on the development of a smart city business.  The two companies will jointly develop...

26 March 2020

EIB agrees €480m loan for LG Chem EV battery project in Poland

The European Investment Bank has signed a €480 million loan agreement with LG Chem Wroclaw Energy, the Polish subsidiary of the LG Chem Group that was established to...

26 March 2020
in
Waste and water

TIF sells interest in Sydney Desal Plant

The Infrastructure Fund (TIF) is selling its ownership stake in the Sydney Desalination Plant (SDP) to its partners in the 50-year concession. As a result of the...

26 March 2020
in
Social infrastructure

NIB finances hospital infrastructure developments in northeast Estonia

The Nordic Investment Bank and the Estonian Ida-Viru Central Hospital Foundation have signed a 17-year loan facility deal for infrastructure investments at the Ida-Viru...

26 March 2020
in
Power, Renewables

Genex closes in on PPA for Kidston pumped hydro

Genex Power is said to be close to a PPA for its 250MW Kidston Pumped Storage Hydro Project (K2-Hydro), with News Ltd papers reporting a deal “within...

26 March 2020
in
Renewables

Eurus pulls out of Hawaii wind project

Developer Eurus Energy America has decided not to pursue the 46.8MW Palehua Wind project proposed for Waianae on Hawaii's Oahu Island. Eurus cited the risk factors...

26 March 2020
in
Power

MIRA to buy Wren's stake in Viesgo for $1.3bn

Macquarie Infrastructure and Real Assets (MIRA) has signed an agreement to acquire Wren House Infrastructure Management's 40% stake in Viesgo Infraestructuras...

26 March 2020
in
Power, Renewables

First State to buy MVV stake - sources

First State has agreed to buy a 45% stake in German utility MVV from EnBW and Rheinenergie, according to sources. MVV stated that an agreement in principle has been made...

26 March 2020
in
Power

UW issues RFI for campus district energy system

The University of Washington has issued a request for information inviting advice on the planning, building, replacing and financing of its district energy systems. The...

26 March 2020

Fitch offers UK firms free ratings to access Covid-19 funds

Ratings agency Fitch is offering unrated UK firms free ratings so they can become eligible for help from the Bank of England.The agency is offering a range of products,...

26 March 2020
in
Power, Renewables

Mitsubishi and Chubu complete €4.1bn acquisition of Eneco

Mitsubishi Corporation and Chubu Electric Power Co, through their special purpose company Diamond Chubu Europe BV, have completed the purchase of Dutch integrated energy...

26 March 2020
in
Oil & gas

Australian LNG projects likely to be delayed, says Wood Mackenzie

The global sweep of Covid-19 and the resultant fall in oil prices is likely to delay Australia’s next wave of liquefied natural gas projects, advisory firm Wood...

26 March 2020
in
Transport

Vietnam steps up site clearance for Long Thanh airport

Authorities in Vietnam's Dong Nai province are stepping up the disbursement of funds to clear the site and resettle households so that land for the new Long Thanh...

25 March 2020
in
Waste and water

Jubail 3A IWP bid pricing out

Saudi Water Partnerships Company (SWPC) has released the prices of the developers that submitted bids for the $1 billion Jubail 3A IWP project.A consortium comprising...

25 March 2020
in
Transport

Hills M2 refinancing reaches contractual close

Transurban’s Hills M2 Motorway (Hills M2) concession has reached contractual close to raise A$815 million ($486 million) of non-recourse debt via two new bank debt...