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19 March 2020

ADB announces $6.5 billion package in response to coronavirus

The Asian Development Bank (ADB) has announced an initial $6.5 billion package to help countries in their response to the coronavirus pandemic. Around $3.6 billion...

19 March 2020

Green confirms departure from USAID

US Agency for International Development’s administrator (USAID) Mark Green announced on Monday that he will step down from his position on April 10.Green has led...

19 March 2020
in
Renewables

Total to buy majority stake in Welsh floating wind project

Total has signed an agreement with developer Simply Blue Energy to acquire an 80% stake in the 96MW Erebus floating wind project off the coast of Wales, in the Celtic...

19 March 2020
in
Oil & gas

Equinor delays Bay du Nord project off Canada after oil price crash

Oil firms Equinor, a Norwegian energy company, and Husky Energy, a Canadian energy company, have decided to postpone the Bay du Nord project off Canada due to the fall in...

19 March 2020
in
Power, Renewables

Energy storage firms redT and Avalon to merge

UK-based energy storage solutions provider redT energy and the US-based Avalon Battery have agreed a merger that will create a £58 million global company. The new...

19 March 2020
in
Metals and Mining, Power, Renewables

China Hongqiao eyes coal power asset sale

Shandong-based aluminium producer China Hongqiao Group is expected to sell off coal-fired power generation assets for 3 billion yuan ($422 million) as it prepares to move...

19 March 2020
in
Renewables

FRV signs PPA with Snowy Hydro for Sebastopol Solar

Fotowatio Renewable Ventures (FRV) has signed a PPA with Snowy Hydro for all the power generated from its newly acquired 90MW Sebastopol Solar Farm in New South Wales,...

19 March 2020
in
Transport

ANI 5G draft concession out

Agencia Nacional de Infraestructura (ANI) has released a draft concession contract for its future 5G highway concessions. The concessions will be more ESG compliant than...

19 March 2020
in
Oil & gas

Petrobras postpones sale in Gaspetro

Brazil’s state-owned oil company Petrobras has postponed the deadline for qualifying in the non-binding phase on the sale of its 51% stake in gas distribution...

19 March 2020
in
Power, Renewables

TVA invites proposals to add 200MW of renewables

The Tennessee Valley Authority (TVA) is inviting proposals to develop 200MW of renewable energy that can be brought online by the end of 2023. The deadline for submission...

19 March 2020

EU to support €1.4 billion in infra projects across seven countries

The European Commission has approved over €1.4 billion ($1.51 billion) of EU funds in 14 large infrastructure projects in seven member states – Croatia,...

19 March 2020
in
Oil & gas

MOL Norge makes oil discovery in Norwegian North Sea

MOL Norge has announced an oil and gas discovery at the Evra/Iving well on production license 820S in the central Norwegian North Sea, 200km west of Stavanger. The main...

19 March 2020
in
Renewables

ABO Wind progressing on French wind project funding

ABO Wind has reached financial close on two of the five projects it is developing as part of a 41MW wind portfolio in France, with the debt for both projects provided by...

19 March 2020
in
Social infrastructure

Nebraska issues RFI for new prison

The Nebraska Department of Correctional Services (NDCS) has issued a request for information (RFI) for the design, build and financing of a new state prison. Responses to...

19 March 2020
in
Power, Renewables

Equinor appoints acting head of New Energy Solutions

Norwegian energy company Equinor has appointed Jens Okland as acting head of its New Energy Solutions business that includes renewables. The current head of the unit, Pal...

19 March 2020
in
Renewables

TEPCO and Orsted form JV

Tokyo Electric Power Company Holdings, Incorporated (TEPCO) and Orsted have agreed to establish the joint venture company Choshi Offshore Wind Farm with the intention of...

19 March 2020

Fitch reviews ratings of infrastructure and project finance sector

Ratings agency Fitch has announced a review of its credit ratings for the infrastructure and project finance sector in light of the coronavirus pandemic, noting that the...

19 March 2020
in
Telecoms and Communications

French 5G auction postponed

French telecoms regulator Arcep is to postpone its 5G spectrum auction due to the coronavirus outbreak. A new date will be rescheduled once more information on the...

19 March 2020
in
Renewables

Jakson awarded PPA for 70MW solar project in Assam

Jakson Group has signed a PPA with the Assam Power Distribution Company Limited (APDCL) for a 70MW solar power project at Amguri, Sivasagar district of Assam. The company...

19 March 2020
in
Renewables

Tyr Energy provides tax equity finance for Aspenall wind farms

Itochu Corporation subsidiary Tyr Energy has agreed to provide tax equity financing to Aspenall Energies' operational Kimball Wind and South Fork Wind projects...