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13 November 2019
in
Renewables

Mercury to proceed with Phase 2 at Turitea wind farm

Project developer Mercury is to proceed with the 27-turbine phase two of its Turitea wind farm immediately after completing the under-construction 33-turbine first stage...

13 November 2019
in
Renewables

RES wins three renewable asset management contracts

RES has been awarded three contracts to asset manage wind farms totalling 98MW in the UK and Ireland. Contracts include the operational 24MW West Durham project for ESB...

13 November 2019
in
Power, Renewables

NAIF extends Kidston pumped hydro loan offer

The financing of Genex Power's A$700 million ($475 million) Kidston pumped storage hydro project in Far North Queensland is back on track after the Northern Australia...

13 November 2019
in
Metals and Mining

AfDB decides not to fund Kenya coal project

The African Development Bank (AfDB) will not fund a planned coal-fired power plant project in Kenya and has no plans to finance new coal plants in the future.The lender...

13 November 2019
in
Renewables

RWE to supply E.ON with capacity from 20 UK wind farms

E.ON has entered into a  2.5-year power purchase agreement with RWE for the supply of  around 3TWh of power annually from more than 20 British wind farms. The...

13 November 2019
in
Renewables

Finerge acquires two Portuguese wind farms from Brookfield

First State Investments' Finerge has acquired two Portuguese wind farms from Brookfield Renewable for an undisclosed amount. The operational assets are the 102MW...

13 November 2019
in
Power

Myanmar signs PPA for Kyaukphyu gas-fired power project

Myanmar's Ministry of Electricity and Energy (MOEE) has signed a PPA for output from the gas-fired Kyaukphyu Power Plant in Rakhine State. Kyauk Phyu Electric Power...

13 November 2019
in
Oil & gas

US DFC finances Tetra4 gas project in South Africa

The US International Development Finance Corporation (DFC) has announced the first disbursement of a $40 million loan to Tetra4 Proprietary to support the development of...

13 November 2019
in
Oil & gas

NLNG train seven debt out to banks

Nigeria LNG (NLNG) is out to banks with the debt package for its train seven project. The deadline for responses is December 10. SCD Group – a joint venture between...

13 November 2019
in
Oil & gas

PXP makes unsolicited proposal for Malampaya

PXP Energy Corp has submitted an unsolicited proposal to the Philippines’ Department of Energy to develop and utilise the Malampaya natural gas facilities in the...

13 November 2019
in
Social infrastructure, Waste and water

Anusha Shah appointed Director of Resilient Cities at Arcadis

Design and environmental consulting group Arcadis has appointed  Anusha Shah to the newly created role of Director of Resilient Cities in the UK. She will focus on...

13 November 2019
in
Power, Renewables

AfDB converts $1.5bn energy fund to concessional facility

The African Development Bank (AfDB) has made a U-turn on the $1.5 billion Sustainable Energy Fund for Africa (SEFA) as it converted the fund to a concessional finance...

13 November 2019
in
Oil & gas

Starwood to buy Third Coast's Lavaca midstream business

Starwood Energy Group Global has signed a definitive agreement to acquire Third Coast Midstream's gas gathering infrastructure in and around Lavaca County, Texas....

13 November 2019

China Development Bank issues green finance bond

China Development Bank has issued its first sustainable development-themed green finance bond under the Bond Connect program.The bond has a three-year maturity and a...

13 November 2019
in
Power, Renewables

TenneT signs €3bn sustainability-linked RCF

TenneT Holding has refinanced its €2.2 billion revolving credit facility and increased the principal to €3 billion. The pricing of the facility is linked to...

13 November 2019
in
Power

Africa50 and Power Africa partner on power sector financing

Power Africa - a US government-led partnership, coordinated by USAID - and infrastructure investment platform Africa50 have signed a memorandum of understanding for a new...

13 November 2019
in
Renewables

Clenergy closes on Ganzlin solar financing

MES Solar XXXII, a subsidiary of Clenergy, has raised a €41 million ($45.12 million) non-recourse financing for a 65MW solar project in Ganzlin,...

12 November 2019
in
Oil & gas

Antin sells Kellas Midsream to BlackRock and GIC

Private equity firm Antin Infrastructure Partners has signed an agreement to sell Kellas Midstream to a joint venture of BlackRock’s Global Energy & Power...

12 November 2019
in
Renewables

Masdar buys 20% stake in Hero Future Energies

UAE sovereign wealth fund Mubadala Investment Co's Masdar has acquired a 20% interest in Indian renewable firm Hero Future Energies (HFE) for $150 million....

12 November 2019
in
Waste and water

Bangladesh signs first water PPP for Purbachal

The Government of Bangladesh has signed an agreement with China-Bangladesh joint venture United Delcot Water Limited to implement the country's first water PPP....