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17 February 2020
in
Metals and Mining, Renewables

Rio Tinto approves Koodaideri mine solar project

Rio Tinto has approved a $98 million investment in a new solar plant at the Koodaideri iron ore mine in Pilbara, Australia. The project will be complemented by a...

17 February 2020
in
Metals and Mining

Rio Tinto in trouble over Oyu Tolgoi again

Rio Tinto is embroiled in a legal battle with a former employee who is claiming the miner was aware of problems at the Oyu Tolgoi copper project months before it was...

17 February 2020

Locke Lord hires new energy partner

Locke Lord has appointed Matthew Daffurn as a partner in its energy practice in London. Daffurn joins from Linklaters. His practice will cover mergers and acquisitions,...

17 February 2020

EDF and Legal & General take over EV charging developer Pod Point

EDF has taken a majority stake in UK-based EV charging point developer Pod Point. Legal & General Capital, which previously held 13% of Pod Point, has also increased...

17 February 2020
in
Power

Marubeni and ADPower sign F3 IPP concession

ADPower and Marubeni have signed the concession agreement for the 2.4GW Fujairah F3 CCGT project. The government of Abu Dhabi will indirectly own a 60% stake in the...

17 February 2020
in
Metals and Mining

Resgen seeking shareholder approval for Boikarabelo mine funding

Australia-headquartered Resgen (Resource Generation) is seeking shareholder approval for parts of the mine funding package for the construction of its Boikarabelo coal...

17 February 2020
in
Transport

ABV judicial recovery plan approved

Aeroportos Brasil Viracopos (ABV), the concessionaire that manages Viracopos International Airport in Campinas, Sao Paulo, has had its judicial recovery plan, which...

17 February 2020
in
Renewables

Malawi launches RFQs for hydro project

Malawi Public Private Partnership Commission (PPPC) has launched a request for pre-qualification for the 350MW Mpatamanga hydropower project in Malawi. The deadline for...

17 February 2020
in
Renewables

Gennaker offshore wind project faces environmental objections

German bird conservation group NABU has filed an objection against a state permit for WPD’s 865MW Gennaker offshore wind farm in the Baltic Sea. The association...

17 February 2020

AfDB responds to criticism by World Bank over 'lending too quickly'

World Bank President David Malpass has claimed that some multilateral development banks “lend too quickly”, aggravating the debt problems of...

17 February 2020
in
Renewables

CEL awards 44MWs of solar

Indian state-owned Central Electronics Limited (CEL) has awarded its 44MW solar tender.In December 2019 CEL invited bids to install solar-based small projects with...

17 February 2020
in
Renewables

Polish offshore wind: New market – old questions

Despite progress on Polish offshore wind legislation, there are still questions around local content requirements, local liquidity and local currency-denominated PPAs...

17 February 2020
in
Transport

Adani signs airports PPP concession

Adani Enterprises has signed a 50-year PPP concession agreement with Airports Authority of India (AAI) for the Ahmedabad, Lucknow and Mangaluru airports.The airports will...

17 February 2020
in
Renewables

IDB Invest finances expansion of solar energy in Brazil

IDB Invest has provided a loan in Brazilian reals for the equivalent of $110 million to Banco Cooperativo Sicredi to promote access to financing for small-scale...

17 February 2020
in
Metals and Mining

Barrick’s $430m Massawa sale to Teranga approved by Senegal

Canadian miners Teranga Gold and Barrick Gold have secured key approvals from the government of Senegal to proceed with their deal which will see Teranga acquire a 90%...

17 February 2020
in
Waste and water

World Bank finances groundwater management project in India

The World Bank has signed a $450 million loan agreement with the government of India to support the national program to arrest the country’s depleting groundwater...

17 February 2020
in
Renewables

Greece to install 3GW of solar in mining regions

Greece is to install two large solar PV parks at mining sites, with investment coming from the national electric utility Public Power Corp (PPC).The plan is to install a...

17 February 2020
in
Transport

NEXI provides reinsurance for Tanzania SGR project

Nippon Export and Investment Insurance will provide reinsurance on export credit for the Standard Gauge Railway project in Tanzania, undertaken by Danish export credit...

17 February 2020
in
Renewables

Greencoat buys Letteragh wind project

Greencoat Renewables has acquired the 14.1MW Letteragh Wind Farm in County Clare, Ireland, for an initial consideration of €35.4 million .The deal ups...

17 February 2020
in
Renewables

FRV closes on Winton solar debt

Fotowatio Renewable Ventures (FRV) has reached financial close on its 85MW Winton solar PV project in Australia. ABN Amro and ING Bank are providing the debt and hedging...