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14 March 2017

Financial close for 80MW Rwanda power project

The Africa Finance Corporation has arranged the $350 million financing of a peat to power project in the Gisagara District. Finnfund organised the $35 million mezzanine...

13 March 2017

Opportunity of the day: BPCL seeks funding for $1bn Bina refinery expansion

Bharat Petroleum Corporation Limited (BPCL) plans to set up a petrochemicals facility at its Bina refinery in Madhya Pradesh, India. The proposed project is part of...

13 March 2017

CDC, IFC boost Kenyan economy though warehouse investment

CDC Group, the UK's development finance institution, and the International Finance Corporation (IFC), will invest up to $35 million in Africa Logistics Properties...

13 March 2017

NEXI backs loan for 500MW power plant in Indonesia

Nippon Export and Investment Insurance (NEXI) is insuring a bank loan for construction of a 500MW capacity combined cycle power plant in Muara Karang, Indonesia.

13 March 2017

Greencoat Renewables buys 137MW wind capacity in Ireland

Renewables - an Irish subsidiary of Greencoat Capital - has agreed to buy the Knockacummer and Killhills wind farms in Ireland from Brookfield Renewable Ireland.

10 March 2017

Opportunity of the day: Engie and EDF preparing bid for Al Jouf project as banks line up financing for solar-wind projects

The EDF Group and Engie SA are expected to form part of a consortium that will submit a bid for the 300MW Al Jouf solar PV energy project in Saudi Arabia.

10 March 2017
in
Power

Certainty of convertibility: Vietnam IPP forex fixed

With two ECA-backed deals nearing financial close, and currency convertibility issues resolved, Vietnam looks set to finally begin delivering on its pipeline of IPP...

10 March 2017

Infinity 50 closes on 64MW solar PV project

The project is part of the Benban solar complex being developed in Aswan, Egypt.  Project financing is provided by Bayerische Landesbank and  Arab African...

10 March 2017

Exxon buys $2.8 billion stake in Mozambique LNG

Eni reduces its holding in the LNG facility by 25 percent.

10 March 2017

Orthio finds funding for £1 billion Holyhead combined-heat and power project

New finance is in place for a Welsh 299MW biomass facility after the withdrawal of the previous chinese backer. 

10 March 2017

Scotland approves 50MW Kincardine wind project

The £250 million floating offshore wind development near Aberdeen gets the governmental green-light

10 March 2017

Aquila acquires Finnish wind farm

Investment company Aquila Capital has bought the 14.4MW Windpark Ykspihlaj from developer OX2 on a turnkey basis.

10 March 2017

Toshiba considers Chapter 11 for troubled Westinghouse

Toshiba is expecting a $6.2 billion loss from delays and cost overruns at its four nuclear power plants under construction and is considering its position.

10 March 2017

PSEG explores sale of PennEast pipeline stake

New Jersey based PSEG Power is looking into selling an estimated $100 million share in the controversial natural gas pipeline.  The company still expects to use the...

10 March 2017

USTDA funds for Burkina Faso solar projects

U.S. Trade & Development Agency is funding feasibility studies for two 17MW solar PV projects near the villages of Pa and Kodeni.  South African renewables...

10 March 2017

Duke Energy eyes CHP project at Clemson University

Duke Energy plan to build a 16-megawatt, gas-fired power plant on the Carolina campus.  The $50.8 million facility will also supply heating to the...

10 March 2017

India Exim agrees $750m loan to Nepal

The Export-Import Bank of India (India Exim) has approved a $750 million loan to Nepal to finance infrastructure projects after the country was hit by an earthquake.

10 March 2017

EBRD to finance renewable energy projects in Greece

The European Bank for Reconstruction and Development (EBRD) has committed up to €300 million to finance renewable energy investments in Greece.

09 March 2017

Opportunity of the day: Argentina's Jujuy Province seeks foreign partners in bid to ramp up its solar capacity

Argentina's Jujuy province is looking to collaborate with the best companies from all over the world to ramp up the province's solar capacity.

09 March 2017

Rwanda peat-to-power financing details emerge

Financing details are finally beginning to emerge on the DFI-backed deal for the 80MW Akanyaru Valley peat-to-power project sponsored by Hakan Mining and...