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14 February 2020

World Bank prices £1.75bn 10-year bond

The World Bank has priced a ten-year GBP global benchmark bond, raising £1.75 billion from investors around the globe to support the financing of its sustainable...

13 February 2020
in
Oil & gas

Are REITs the solution for pipeline and storage projects?

According to a new report from Baker Botts, because of an IRS private letter ruling issued in 2019, a real estate investment trust (REIT) may now be an attractive...

13 February 2020
in
Power, Renewables

Habbitts jumps to Green Giraffe

Stirling Habbitts has joined the London office of Green Giraffe to work on advisory deals, after working for over three-and-a-half years as a senior relationship manager...

13 February 2020
in
Waste and water

SWPC receives 5 bids for Yanbu 4 IWP

Saudi Water Partnerships Company (SWPC) has announced the bids from qualified developers for the Yanbu 4 independent water project. Submissions were made by Engie/Mowah...

13 February 2020
in
Renewables

Faro back for more bonds in Brazil

UK-based Faro Energy is said to be already planning an up to BRL150 million ($34 million) follow-up to the BRL15 million 10-year sustainable bond it placed last week.The...

13 February 2020
in
Transport

EDB, EBRD, IsDB finance $750m Almaty road project in Kazakhstan

The Eurasian Development Bank, European Bank for Reconstruction and Development, and Islamic Development Bank have agreed to finance the construction of the $750 million...

13 February 2020
in
Renewables

Clearway closes debt financing for Rattlesnake Flat wind

Clearway Energy Group has closed the debt financing for its 160MW Rattlesnake Flat wind project in Adams County, Washington. Joint lead arrangers are KeyBanc Capital...

13 February 2020
in
Telecoms and Communications

Satellite finance: Learning from launch failures

Despite an occasionally patchy record, satellite operators benefit from strong support from ECAs, high-yield investors and some banks, and data is driving ever-greater...

13 February 2020
in
Renewables

Prominet buys 63MW Annaka solar plant from APL

Tokyo Gas subsidiary Prominet Power Co has acquired the 63MW Annaka Solar Power Plant in Gunma prefecture from real estate, renewable energy and private equity firm Asia...

13 February 2020
in
Renewables

Mayflower Wind to sell output at $58.47 per MWh

A letter from the Massachusetts department of energy resources has stated that Shell and EDP Renewables’ 804MW Mayflower Wind project would receive $73.87 per MWh...

13 February 2020
in
Waste and water

AfDB finances Othaya sewerage system expansion

Kenya has announced plans to expand the Othaya sewerage system with financing from the African Development Bank. The Kenyan government will invest $598,000 towards the...

13 February 2020
in
Oil & gas

BHP approves Scarborough gas project feasibility study

Diversified major BHP has announced a decision to progress the Scarborough gas development, offshore Western Australia, into the feasibility study phase. The project...

13 February 2020
in
Renewables

UPC and AC plan 800MW wind farm in NSW

UPC and AC Renewables are holding a community information session to discuss plans for a proposed 800MW wind farm between the towns of Coolah and Leadville in the...

13 February 2020
in
Power

Mitsubishi acquisition of Eneco raises no EU concerns

The European Commission has ruled the acquisition of Eneco Group of the Netherlands by Japan's Mitsubishi Corporation of complies with its EU merger regulations. The...

13 February 2020
in
Renewables

Orange PPA supports construction of Iberdrola's Ceclavin solar farm

Iberdrola has entered into a 12-year agreement to supply French telecom group Orange (ORA) with power from its 328MW Ceclavin solar project in the Spanish region of...

13 February 2020
in
Renewables

Statkraft applies for survey licence for Irish Sea wind project

Statkraft subsidiary North Irish Sea Array Windfarm Limited (NISA) has applied for a license to carry out site surveys at its proposed 40-turbine, 500MW wind farm off the...

13 February 2020
in
Renewables

Downer Group to exit solar construction

Australian construction company Downer Group has announced a decision to withdraw from solar. Company CEO Grant Fenn said the decision was inevitable given the slowdown...

13 February 2020
in
Renewables

EDPR completes sale of Babilonia wind farm to Actis

EDP Renovaveis (EDPR) has completed the sale of its full equity shareholding in the 137MW Babilonia wind farm located in the Brazilian state of Bahia, to an affiliate of...

13 February 2020
in
Renewables

Wpd inks PPA deal for 192MW Finnish wind farm

Wpd has signed a PPA with  pulp and paper company UPM Kymmene for 4TWh from its 192MW Karhunnevankangas wind farm in the municipality of Pyhajoki in western Finland....

13 February 2020
in
Renewables

Djibouti secures first renewables project

Africa Finance Corporation (AFC), Climate Fund Managers (CFM), FMO and Great Horn Investment Holdings (GHIH) have invested in a 60MW wind project in the Ghoubet area of...