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31 March 2020
in
Power

Enmax completes acquisition of Emera Maine

Enmax Corporation has closed the acquisition of US transmission and distribution utility Emera Maine for C$1,286 million ($959 million) from Emera Inc. The aggregate...

31 March 2020
in
Renewables

DTE Electric acquires Polaris wind farm from Invenergy

DTE Electric Co has completed the acquisition from Invenergy of the 168MW Polaris wind farm under development in Gratiot County, Michigan. DTE's amended renewable...

31 March 2020
in
Power, Renewables

Equis starts $2bn investment in South Korea with solar acquisition

Equis Development has completed its acquisition of the Jara 1 solar project in Sinan municipality, South Jeolla province. The project comprises a 22MW solar project and a...

31 March 2020
in
Oil & gas

FAR unable to complete debt arrangements for Sangomar project

In an update to the Australian Stock Exchange, FAR Limited has announced that falls in Brent oil prices, exacerbated by CORVID-19, have left the company unable to close...

31 March 2020
in
Power, Renewables

E.ON issues €750m green bonds

E.ON has issued a green bond with a tenor of 5.5 years and a volume of €750 million ($820 million). The bonds have a coupon of 1% and were eight...

31 March 2020

JBIC agrees $276m loan for hotel, office complex in Yangon

JBIC has signed a loan of up to $276 million with Kajima Myanmar Holding (KMH) in Singapore. The loan will finance a real estate complex project sponsored by Kajima...

30 March 2020
in
Oil & gas

Bracewell reports on force majeure and material adverse change in reserve based lending

Upstream oil and gas companies are currently reeling from not one, but two, black swan events - an unpredictable event that is beyond what is normally expected and which...

30 March 2020
in
Transport

Australian infra industry operating at 86% of capacity last week

A survey of 166 senior private and public sector executives by Roads Australia (RA) has concluded that the government's response to COVID-19 is affecting the capacity...

30 March 2020
in
Metals and Mining

DTEK suspends two mines, seeks debt restructure amid COVID-19 crisis

Ukrainian power producer DTEK is suspending operations at the Dobropilske and Bilozerske coal mines and Oktyabrska enrichment plant from 1 April because of the...

30 March 2020
in
Transport

Kenya issues RFP for Nairobi ring road prefeasibility study

The Kenya Urban Roads Authority (KURA)has issued a request for proposal for consultancy services for a prefeasibility study of the Nairobi Beltway PPP  project.

30 March 2020

Keppel and Pierfront set up private credit fund

Keppel Capital Holdings has completed the acquisition of 50% of Pierfront Capital Fund Management from Pierfront Capital Mezzanine Fund (PCMF). Completion was conditional...

30 March 2020
in
Renewables

Triconti Windkraft wins rights to develop first offshore wind in Philippines

The Philippines’ Department of Energy has awarded Triconti Windkraft Group exclusive rights to study and develop the country's first offshore wind projects....

30 March 2020
in
Transport

DfT extends Southeastern and GWR rail franchises

The Department for Transport (DfT) confirmed the award of two contract extensions to UK rail franchises. A three-year Direct Award was made to FirstGroup's Great...

30 March 2020
in
Oil & gas

Gazprom to conduct studies for gas pipeline expansion to China

Russian President Vladimir Putin has agreed to a Gazprom request to move to the next phase of the $55 million Power of Siberia 2 expansion project. The company will now...

30 March 2020
in
Transport

JICA agrees JPY374bn financing for 9 projects in India

The Japan International Cooperation Agency (JICA) has signed loan agreements with the government of India to provide Japanese ODA loans of up to a total of JPY374.44...

30 March 2020
in
Renewables

NTPC acquires India's stakes in THDC and NEEPCO

NTPC Limited has completed acquisition of Government of India's entire equity stake in NEEPCO (100%) and THDC (74.496%).  THDC has  commercial capacity...

30 March 2020
in
Power

AEMC approves mandatory frequency response rules

The Australian Energy Market Commission (AEMC) has approved new mandatory primary frequency response rules requiring all generators within the National Electricity Market...

30 March 2020
in
Renewables

UGE signs up for three community solar projects

Canadian solar company UGE International has signed agreements to develop, build and finance 9.4MW of community solar capacity projects in the US. A 6.6MW project with an...

30 March 2020
in
Renewables

IEnova signs DFI-backed loan for Mexican solar portfolio

On 26 March IEnova, Sempra Energy’s Mexican subsidiary, signed on a $395 million DFI-backed loan to finance a 376MW solar portfolio in Mexico – comprising the...

30 March 2020
in
Renewables

Falck becomes full owner of Spanish wind farm

Falck Renewables completed the acquisition of the shares held by Ascia Renovables in Energía Eolica de Castilla, owner of the Carrecastro wind farm. The 10MW wind...