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11 May 2017

Eurotunnel CLEF tranche C refinancing launched

Eurotunnel is launching the roadshow for its whole business securitisation refinancing – Channel Link Enterprises Finance (CLEF) – today. Goldman Sachs and...

10 May 2017

Opportunity of the day: SRF to test bank appetite with $85m funding required for expansion of Gujarat-based chemicals facility

SRF Ltd, which plans to invest $169 million in a Gujarat-based chemicals production facility in India, is preparing to raise more than half of the funds from financial...

10 May 2017

CDPQ London Array refi due

Canadian pension fund Caisse de depot et placement du Quebec (CDPQ) is due to launch the refinancing of its 25% stake in the 630MW €2.2 billion ($2.3 billion) London...

10 May 2017

Mubadala and Siemens shortlist advisers for UAE IPP

Mubadala and Siemens have short-listed financial advisers for their 2,200MW gas-fired independent power project (IPP) in the northern region of the UAE. The...

10 May 2017

Maroona Wind reaches financial close

Future Energy has raised debt from Commonwealth Bank to finance construction of the 6.9MW Maroona Wind project in Australia.

10 May 2017

EBRD joins SWIFT KYC Registry

The EBRD has joined SWIFT’s Know Your Customer (KYC) Registry. The move is part of an EBRD initiative to improve cross-border payments between local and...

10 May 2017

Manchester terminates Viridor Laing waste contract

The Greater Manchester Waste Disposal Authority has terminated the contract with the Viridor Laing consortium 17 years early.  The contract for the £3.8...

10 May 2017

Two bidders for Australian Endeavour Energy

Two consortia, led by the Macquarie Group and Hastings Funds Management, have submitted binding bids for the New South Wales-owned power supplier. The sale is for a 50.4%...

10 May 2017

Tokyo Gas America buys 30% equity stake in Castleton Resources

Castleton Resources was formed from the purchase of the $1 billion Carthage upstream and midstream assets bought from Anadarko Petroleum combined with existing Castleton...

10 May 2017

Trump puts forward FERC nominations

US President Donald Trump has named his two choices to fill vacant commissioner roles with the Federal Energy Regulatory Commission (FERC). Senator Mitch McConnell's...

10 May 2017

MAXpower falters on repayments

Indonesian gas-fired power developer MAXpower has failed to meet a quarterly principal repayment on a $222 million five-year corporate facility it raised from...

10 May 2017

EnBW green lights 112MW Albatros wind farm

German utility Energie Baden-Württemberg (EnBW) has approved final decisions on the financing and construction of the North Sea wind farm. Construction will be...

10 May 2017

GE Renewable agrees on 199.5MW of wind to China

GE Renewable Energy will supply Chinese developer HECIC 81 wind turbines for the Senjitu III and Qiansongba onshore wind projects in the Hebei province of China. The...

10 May 2017

Odisha seeks quick action on Bhedabahal UMPP revision

The Indian state is urging the government to speed up revising the standard bidding documentation that is delaying the 4GW ultra mega power project. The new documentation...

10 May 2017

Avangrid buys 50% stake in Vineyard Wind project

Spanish utility company Iberdrola has bought into the large-scale wind project through its American subsidiary Avangrid. Offshore wind developer Copenhagen Infrastructure...

10 May 2017

New Indian solar tariff cheaper than coal

The Bhadla solar phase four auction for 50MW and 100MW packages saw the winning bids all record new lows. Phelan Energy and Avaada Power quoted Rs2.62 per unit while...

09 May 2017

Opportunity of the day: Shenergy looks to US and German companies to equip $447m Shanghai LNG storage expansion project

Shanghai LNG Co Ltd has begun the equipment procurement process for its $447 million liquefied natural gas (LNG) storage tank expansion project in Shanghai. It will...

09 May 2017

Klaipeda Nafta pricing emerges

State-owned LNG terminal operator Klaipedos Nafta has raised €20.4 million ($22.18 million) of 15-year debt to finance construction of an LNG reloading station and...

09 May 2017

Octopus Energy refi out to syndication

The £484 million ($626 million) 10-year Octopus Energy refinancing – closed last month with mandated lead arrangers Banca IMI, Barclays, BNP Paribas, La...

09 May 2017

Borkum II sets new benchmark for cost of offshore wind debt

Financial close on the debt for the Borkum II offhshore wind project - a joint venture between Trianel (37.9%), EWE (37.5%), EWZ and Fontavis (jointly holding 24.5%) - is...