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08 March 2018
in
Renewables

Statoil to acquire stake in

Norwegian energy firm Statoil New Energy Solutions has signed an agreement with Polish power distribution company Polenergia to acquire a 50% stake in the Bałtyk Środkowy...

08 March 2018
in
Renewables

Orsted outlines funding strategy for Taiwanese wind farms

The Orsted CFO has outlined the company financing strategy for the 2.4GW of wind power capacity being developed at four farms off the Changhua coast of Taiwan. Total...

08 March 2018
in
Renewables

ENAMI signs renewables PPA with Acciona for mining operations

The National Mining Company of Chile (ENAMI) will cover all its electricity needs from renewable energy following the signing of a long-term supply agreement with Acciona...

08 March 2018
in
Renewables

Ergon Peru raises DFI-backed solar project loan

Ergon Peru has raised a $142 million project financing to fund development of a $175 million rural distributed generation solar project across Peru. The 13-year debt is...

08 March 2018
in
Renewables

Germany sets May date for second onshore wind auction of the year

The German regulator Bundesnetzagentur has announced May 2 as the deadline for bidding in the second onshore wind auction. Capacity of 670MW has been allocated with...

08 March 2018
in
Renewables

Torrent Power awarded 124MW in Maharashtra auction

Torrent Power has been awarded a 124.4MW project by Maharashtra State Electricity Distribution Co Ltd (MSEDCL) as part of a reverse e-auction to procure 500MW of wind...

08 March 2018
in
Renewables

Fifth Third Bancorp sources 100% renewable power from Aulander Holloman solar project

Fifth Third Bancorp has signed a PPA with developer SunEnergy1 for 100% of its energy needs from the 80MW, $200 million Hertford County Aulander Holloman solar facility...

08 March 2018
in
Renewables

Eosol gets Nafin credit for PV projects

Eosol has raised a $70.1 million credit line from development bank Nacional Financiera (Nafin) to part fund the initial stages of three solar PV projects – the TAI...

08 March 2018
in
Renewables

AfDB bags $52.5m financing for 100MW of Zambian renewables

The Green Climate Fund (GCF) will provide a $50 million loan and a $2.5 million grant to the African Development Bank (AfDB) to support 100MW of primarily...

08 March 2018

Russian Export Centre, Afreximbank to develop Africa's aviation industry

The African Export-Import Bank (Afreximbank) and the Russian Export Centre Group are to explore opportunities to develop Africa's aviation industry and to support...

07 March 2018

Opportunity of the day: Chinese investors interested in building 100,000t/d water intake plant in Kamchatka peninsula

Chinese investors are interested in building a water intake plant in the Kamchatka peninsula in Russia. The capacity of the plant could be up to 100,000 tonnes per day...

07 March 2018

AfDB approves $100m trade finance facility in Angola

The African Development Bank (AfDB) has approved a $100 million trade finance line of credit to Angola's Investment Bank - Banco Angolano de Investimentos. The...

07 March 2018

UKEF pledges billions in support of African infrastructure

The UK's Department for International Trade says it can facilitate the provision of billions of pounds in lending and guarantees to African countries through UK...

07 March 2018
in
Renewables

Lightsource BP makes additions to senior management team

Solar developer Lightsource BP has appointed Carol Borg as chief financial officer and Randal Barker as general counsel. Borg previously served as group CFO of Southern...

07 March 2018

Baker Botts hires international projects and finance lawyer

Global law firm Baker Botts has appointed Martin Menski to its Global Projects Group in the Washington office as Special Counsel. The former Clifford Chance lawyer...

07 March 2018
in
Power, Renewables

Neoen gets state backing for Crystal Brook hybrid hydrogen project

The South Australian state government is to provide a $1 million grant to help renewable energy developer Neoen complete its feasibility study for the 50MW Hydrogen...

07 March 2018
in
Oil & gas

Sibur says no additional funding for ZapSib

Sibur has revealed that its flagship subsidiary ZapSibNeftekhim (ZapSib) is not going to tap the market for any additional major financing for its ZapSib petrochemicals...

07 March 2018
in
Oil & gas

Shell doubles planned offtake from Calcasieu Pass LNG project

Shell has doubled its offtake commitment from Venture Global LNG's planned Calcasieu Pass LNG facility in Louisiana. The new commitment of 2 million mt/year over a...

07 March 2018
in
Renewables

MESIA forecasts 13GW of solar projects in the MENA pipeline for 2018

The annual Solar Outlook Report compiled by the Middle East Solar Industry Association (MESIA) forecasts 13GW of projects in the pipeline for the MENA region in 2018,...

07 March 2018

Management lead €4bn portfolio buy-out from Rabobank's Bouwfonds IM

Bouwfonds Investment Management - a subsidiary of Rabobank's Rabo Real Estate Group - has sold a €4 billion portfolio of real estate and infrastructure assets in...