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25 March 2020
in
Power, Renewables

Abengoa announces COVID-19 lay-offs and reviews future projects

Engineering and renewable energy group Abengoa has initiated measures to reduce its 2,500 Spanish workforce by 30% as a result of the COVID-19 crisis, calling the...

25 March 2020
in
Oil & gas

Sempra confirms decision on Mexico LNG project

Sempra Energy is to go ahead with plans this year to sanction a liquefied natural gas export plant in Mexico - but may push back a decision on a separate Texas...

25 March 2020
in
Renewables

Renova reaches close on 75MW biomass plant in Japan

Japanese renewable power producer Renova has achieved financial close on its 74.95MW Ishinomaki Hibarino biomass power project in Miyagi prefecture. The financing was...

25 March 2020
in
Telecoms and Communications

Phoenix and Bouygues plan 4,000 telecom towers in France

Blackstone portfolio company Phoenix Tower International has closed an agreement with Bouygues Telecom to build 4,000 wireless towers in the next 12 years across France....

25 March 2020
in
Transport

World Bank agrees $80m loan for Amazonas Express bus corridor project in Brazil

The World Bank has approved an $80 million loan for Improving mobility and urban inclusion in the Amazonas Corridor in Belo Horizonte Municipality of Brazil.The project...

25 March 2020
in
Power, Renewables

DTE submits revised plan to Michigan's PSC

DTE Energy has now submitted its revised Integrated Resource Plan (IRP) to the Michigan Public Service Commission (MPSC). The original plan drew criticism for its bias...

25 March 2020

Turk Eximbank makes support package for exporters available

Turk Eximbank has introduced a support package for exporters to mitigate the impact of the coronavirus pandemic. The export credit agency has extended credit repayment...

25 March 2020

CAF seals third credit line under GREEN Operations

JBIC has agreed to set up a $200 million credit line for Latin American development bank CAF. The credit line, $100 million of which being financed by JBIC directly, is...

24 March 2020
in
Power, Waste and water

KAPP relaunched IWPP tender delayed again

Kuwait Authority for Partnership Projects (KAPP) has delayed the relaunched tender for advisory services on the Az Zour North 2&3 and Al Khairan IWPP schemes -...

24 March 2020
in
Oil & gas

Karoon Energy taps RBL for Bauna oil and gas field acquisition

Karoon Energy is expected to reach financial close in June on the first tranche of debt stapled to its reserve-based lending (RBL) facility backing the acquisition of...

24 March 2020
in
Transport

More details on Pamplona-Cucuta 4G financing

Union Vial Rio Pamplonita, a 100% subsidiary of Sacyr, has reached financial close on $520 million-equivalent of project debt for its $765 million Pamplona-Cucuta 4G...

24 March 2020
in
Power, Renewables

Falck and Eni complete plans for US renewables JV

Falck Renewables and Eni have completed their strategic agreement for the joint development of renewable energy projects in the US. Eni New Energy US (ENE US) and Falck...

24 March 2020
in
Oil & gas

Tellurian gets loan extension lifeline as it tries to advance Driftwood LNG project

Texas-based natural gas company Tellurian has negotiated an 18-month extension of the maturity of an $87.5 million loan that was due in May. The amendment extends the...

24 March 2020
in
Renewables

Sonnedix buys subsidy-free Italian solar portfolio

Sonnedix has acquired a 17.7MW portfolio of five operating solar assets in Sicily from a Canadian Solar and Manni Energy JV. Output is being sold through a 10-year PPA...

24 March 2020
in
Renewables

Nordex to supply Oyfjellet wind farm in Norway

The Nordex Group has received a 400MW order for 72 N149/5.X turbines for the Oyfjellet wind farm near the Norwegian town of Mosjoen in the municipality of Vefsn. The...

24 March 2020
in
Renewables

Lundin farms down 50% of Finnish wind farm to Sval Energi

Lundin Petroleum has sold 50% of its Metsalamminkangas (MLK) wind farm project to HitecVision portfolio company Sval Energi for $100 million. Lundin Petroleum paid $200...

24 March 2020
in
Waste and water

EIB agrees $130m financing for Alexandria wastewater project

The European Investment Bank has approved $130 million in financing for the upgrade and expansion of the Alexandria West wastewater treatment plant project in Egypt.The...

24 March 2020
in
Renewables

AGEL and Total enter into 2.1GW solar JV

Adani Green Energy Limited (AGEL) has entered into a joint venture with Total Solar Singapore PTE Limited. AGEL subsidiary Adani Green Energy Twenty-Three Limited will...

24 March 2020
in
Oil & gas

Warrego Energy rejects Strike offer and reorganises

Australian oil exploration company Warrego Energy has rejected a non-binding indicative proposal from Strike Energy. Warrego concluded that the all scrip consideration of...

24 March 2020
in
Oil & gas

Coronavirus, gas slump put brakes on Exxon's giant Mozambique LNG plan

Exxon Mobil is likely to delay the greenlighting of its $30 billion liquefied natural gas project in Mozambique as the coronavirus disrupts early works and a depressed...