Star of the South offshore wind farm has signed a contract with WSP for the design of onshore transmission network and grid connection. WSP will be supported by local...

Canada's Giyani Metals has received a letter of interest confirming in-principal project finance support from the Netherlands' ECA Atradius for its K.Hill...

India's Ministry of New and Renewable Energy (MNRE) has informed all of its renewable energy implementing agencies to treat delay as a consequence of the coronavirus...

Although unconfirmed by the borrower, Udenna Corp’s subsidiary UC Malampaya Philippines is said to have signed a reserves-based loan (RBL) with banks to finance its...

Brazilian miner Vale will draw $5 billion from its revolving credit lines to strengthen its liquidity due to the coronavirus pandemic. The company also announced an...

Pipeline and refinery operator Phillips 66 is targeting over $3 billion in cuts in response to weak oil prices and COVID-19 uncertainties. The company intends to cut $700...

Equinor has unveiled plans to cut $3 billion from its spending. The company will reduce organic capex for 2020 from $10 billion-$11 billion to around $8.5 billion, a...

Australia-based Woodside Petroleum and its partners are in talks on the timing of their $4.2 billion Sangomar oil project off Senegal, with coronavirus restrictions and...

The Colombian government has awarded two electrical utility concessions to serve its Caribbean Region. The units were formed after the government was forced to take over...

A pathfinder deal for Japanese offshore wind, the recent Akita project financing did not benefit from Japanese regulation to cut red tape for offshore wind and managed to...

Novatek-Murmansk and authorities of closed settlement Vidyayevo have signed a land transfer agreement for a project to build a LNG transshipment facility. The RUB70...

Summit Gazipur II – wholly owned by Singapore-headquartered Summit Power International – is expected to reach full financial close on a 10-year $150 million...

The Asian Infrastructure Investment Bank (AIIB) is working to scale up infrastructure investment — including in public health, healthcare and information and...

The Kerala State Electricity Board Limited (KSEB) has given in principle approval for two projects by the National Hydroelectric Power Corporation (NHPC). A notice of...

Troubled Brazilian developer Renova Energia has accepted a binding financing proposal to complete the 438MW Phase A of its 743MW Alto Sertao III wind power complex....

RoundShield Partners' fourth European Special Opportunities Fund  has closed at its hard cap of £670 million.  Commitments were made primarily by...

Foresight Group and Belltown Power have formed a joint venture to develop a 300MW pipeline of greenfield onshore wind energy projects across the UK. Belltown's...

DTE Energy (DTE) has appointed David Ruud as Senior Vice President and Chief Financial Officer, effective May 4. He replaces  Peter Oleksiak who will retained as a...

Singapore-based Blue Planet Environmental Solutions has raised $25 million from financial services group Nomura that it will use to develop integrated, inclusive and...

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...