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27 March 2020
in
Renewables

Aldi signs PPA for NSW's Collector Wind project

RATCH Group has entered into a 10-year PPA with Aldi Foods for its 226MW Collector Wind Farm project in the New South Wales. Aldi will purchase 19.4% of total generation...

27 March 2020
in
Renewables

ReneSola sells 6.8MW portfolio of Canadian projects to Grasshopper

Integrated solar developer ReneSola has entered into an agreement to sell a 6.8MW portfolio of 15 solar plants located in Canada to Grasshopper Energy. The projects were...

27 March 2020
in
Oil & gas

Hoegh LNG refinances and upsizes FSRU debt facility

Hoegh LNG Holdings has received a commitment letter from five relationship banks for an alteration of  a debt facility for the FSRU Independence. The $61 million...

27 March 2020
in
Oil & gas, Power, Renewables

PSP Investments and ATRF acquisition of AltaGas Canada approved

Public Sector Pension Investment Board (PSP Investments) and the Alberta Teachers' Retirement Fund Board (ATRF) have received all approvals  from the Alberta...

27 March 2020
in
Oil & gas

Block Energy seals deal for Schlumberger's Georgian assets

London-listed Block Energy has acquired two new adjacent blocks in Georgia, from Schlumberger, in what has been labelled as a “transformational...

27 March 2020
in
Oil & gas

Construction of $40bn Woodfibre LNG project delayed by a year

Construction of the $40 billion Woodfibre LNG project in British Columbia has been delayed by a year due to the COVID-19 pandemic. Substantial construction expected...

27 March 2020

EAIF, IFC sign Master Cooperation Agreement

The Emerging Africa Infrastructure Fund (EAIF) has signed a Master Cooperation Agreement (MCA) with the International Finance Corporation.The agreement will come into...

27 March 2020
in
Oil & gas

Queensland awards gas exploration blocks near Wallumbilla

Queensland's Ministry for Natural Resources, Mines and Energy has awarded Pure Energy/Strata X and Santos Ventures rights to explore and develop gas on 164km2 of land...

27 March 2020
in
Telecoms and Communications

World Bank provides additional financing for Caribbean telecoms project

The World Bank has approved additional financing of $11.9 million for the Caribbean Regional Communications Infrastructure Program in Grenada, Saint Lucia, and Saint...

26 March 2020
in
Renewables

Acciona signs deal for 1GW MacIntyre wind complex

Acciona is set to build its 1GW MacIntyre wind complex near Warwick after signing a deal with Queensland State-owned renewables company Cleanco. Cleanco will build its...

26 March 2020

US Exim unveils raft of measures to help businesses in pandemic

US Exim has unveiled new initiatives to inject liquidity into the market in the wake of the coronavirus pandemic, including a bridge financing program;...

26 March 2020
in
Metals and Mining

Turquoise Hill slowly slips into Rio Tinto's hands amid funding discussions

Canadian mineral exploration and development company Turquoise Hill has reported full-year 2019 results and said that it it is well-progressed in financing discussions...

26 March 2020
in
Power, Renewables

Construction at $592m Vietnamese solar project to start Q2

Trungnam Group has scheduled construction of a 450MW solar project to start in the second quarter of this year and be completed in Q4. The VND14 trillion ($592 million)...

26 March 2020
in
Metals and Mining, Oil & gas

Turkey Wealth Fund inks $5bn MoU with Sinosure

The Turkey Wealth Fund (TWF) and China Export and Credit Insurance Corporation (Sinosure) have inked a Memorandum of Understanding to promote bilateral economic, trade...

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...