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26 April 2017

Edra Energy signs PPA for Alor Gajah CCGT power plant

On 14 April 2017 Edra Energy, which was sold by 1MDB to China General Nuclear Power Corp, signed a 21-year power purchase agreement with state power utility Tenaga on the...

26 April 2017

CDC Group helps launch platform to boost African power

CDC Group, the UK's development finance institution, alongside Aga Khan Fund for Economic Development, and Industrial Promotion Services, have launched a new platform...

25 April 2017

Australia OKs CKI consortium to buy Duet group

The Foreign Investment Review Board given the Cheung Kong Infrastructure-led consortium clearance to proceed with the proposed A$7.5 billion acquisition of the energy...

25 April 2017

Helexia closes €66m rooftop solar financing

Energy consultancy Finergreen has advised the French solar developer on the financing of 20MW of new projects and refinancing of 17MW of existing projects....

25 April 2017

Kinder Morgan Canada to fund Trans Mountain by IPO

The Canadian unit of the US pipeline company has filed a preliminary prospectus for an initial public offering to raise money for the C$7.4 billion Trans Mountain...

25 April 2017

Ghana Gas signs Yantai Jereh for 278km gas pipeline

The Chinese multinational oil fields service provider has been awarded the 15-year BOT concession to construct a pipeline between Takoradi and Accra...

25 April 2017

Abiba Solar: A different approach to African power finance

Access Power’s crowd-sourced approach to development and InfraCo’s use of convertible debt may have set a new template for development and financing in Africa’s power...

25 April 2017

European companies to fund half of Gazprom's €9.5bn Nord stream 2 pipeline

 The five European partners in the 1,225km pipeline project to pump gas via the Baltic Sea to Germany will each finance 10% of the...

25 April 2017

African infrastructure needs bigger financing pool

Expanding the pool of domestic and foreign financing for infrastructure investments in Africa is high on the agenda of African officials as well as the investor...

25 April 2017

Exporting dream stalls over $800m Morupule B guarantee

Japanese contractor Marubeni and South Korean Posco Energy have suspended the building of units 5 and 6 in a dispute over at a sovereign guarantee for the power...

25 April 2017

Salt River and NextEra ink PPA for Pinal Central solar and battery project

The Arizona state-owned Utility Salt River Project has signed the 20-year agreement for the NextEra Energy Resources project located near Coolidge. Pinal Central Energy...

25 April 2017

Acciona secures €100m green loan for Chilean renewable projects

The Spanish developer has secured the funding from Bilbao-headquartered BBVA to progress solar and wind projects in South America. Vigeo Eiris will provide...

25 April 2017

AfDB independent review of 125MW Sendou power project

The African Development Bank (AfDB) is to reappraise its involvement in the €206 million coal-fired power plant as two groups of complainants raise issues by...

25 April 2017

MDBs to work together to boost private sector infra investment

Leading multilateral development banks (MDBs), including the African Development Bank, Asian Development Bank, and Asian Infrastructure Investment Bank, have agreed to...

24 April 2017

Opportunity of the day: Zhejiang Hengyi open to international banks for $3.45bn Brunei refinery project

Zhejiang Hengyi Group is open to international banks for its mega petrochemical refinery project in Brunei after securing some funding from China Development Bank,...

24 April 2017

UKEF doubles export-import facility to the Philippines.

The UK government has increased the UK Export Finance capacity to support trade with the Philippines to £4.5 billion. Current levels of trade are roughly...

24 April 2017

Belgium threatens to withdraw offshore wind concessions

A government minister has indicated that three in-development projects may have their permissions revoked due to the level of public subsidy.  The North Sea projects...

24 April 2017

APICORP estimates MENA power investment requirements

The development bank's report ‘MENA power investment: Finance and reform challenges persist’ outlines the GCC spending requirements to meet medium-term...

24 April 2017

Muzaffargarh and Rahim yaar khan coal-fired projects to be dropped from CPEC

It is looking increasingly likely that the two 1320MW power plants will be removed from the China Pakistan Economic Corridor portfolio of projects despite hard lobbying...

24 April 2017

Ayala eyes 69MW expansion of Caparispisan wind farm

Ayala subsidiary AC Energy Holding has lodged the application for the expansion project with the Philippines Department of Energy ahead of legislation mandating...