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16 March 2020

Bank of Muscat closes $650m club loan

Bank of Muscat has closed a three-year $650 million club facility with a consortium of 20 international banks. The transaction, which was originally launched at $500...

16 March 2020

Salini Impregilo seeking infra fund partners

Italy-based construction group Salini Impregilo has launched a beauty contest to select infrastructure funds to partner with on generating more than $100 billion of...

16 March 2020
in
Renewables

Banks Renewables drops legal challenge after onshore wind ban lifted

Banks Renewables will not proceed with a legal challenge concerning onshore wind's exclusion from the third contracts-for-difference auction round held by the UK...

16 March 2020
in
Renewables

EWEC receives financing bids for Al Dhafra IPP

Emirates Water and Electricity Company (EWEC) has received prospective financing bids from developers for the 1.5GW Al Dhafra IPP scheme in Abu Dhabi – the...

16 March 2020
in
Transport

NAIA consortium continuing with airport project

The consortium seeking to rehabilitate and redevelop the Ninoy Aquino International Airport (NAIA) in the Philippines still plans to pursue the project despite Metro...

16 March 2020
in
Power

Syrdarya CCGT EOI garners strong response

Forty-five potential bidders have expressed an interest in the IFC-backed 1.25GW-1.5GW Syrdarya CCGT tender in Uzbekistan.The potential bidders are: ENKA Insaat; China...

16 March 2020
in
Power

Nexif raises funding for Rayong SPP

Nexif Energy – a joint venture between Singapore-based Nexif and Denham Capital – has raised project financing for the 92MW Rayong SPP gas-fired cogen project...

16 March 2020

Baker McKenzie adds to Miami team

Baker McKenzie appointed John L Murphy as a partner in its Miami office. Murphy joins from DLA Piper. His practice focuses on developers, investors, project sponsors,...

16 March 2020

Hazer awarded ARENA grant for hydrogen project

Hazer Group has been awarded a A$9.41 million grant by the Australian Renewable Energy Agency (ARENA) to support its Hazer Process Commercial Demonstration Project.Hazer...

16 March 2020
in
Renewables

WBPDCL launches floating solar tender

West Bengal Power Development Corporation Limited (WBPDCL) has issued a tender for a 10MW grid-connected floating solar project at the Sagardighi thermal power project in...

13 March 2020
in
Renewables

Osaka Gas invests in US renewables

Osaka Gas USA – a 100% subsidiary of Osaka Gas Co – has agreed to take a non-controlling equity stake in SolAmerica Energy, a US-based distributed solar...

13 March 2020

Demand Power raises project debt and equity

Demand Power Group, a Canadian energy services firm that offers a behind-the-meter system with incorporated energy storage, has secured $71 million from an equity raise...

13 March 2020
in
Transport

Questions over Pulse consortium member's financial viability

CPB Contractors – a CIMIC subsidiary and part of the Pulse Consortium delivering the A$5.4 billion ($3.39 billion) Cross River Rail project in Brisbane – has...

13 March 2020
in
Power, Renewables, Transport

Final curtain on Greek project tragedy?

The project market in Greece was essentially frozen following the onset of the country’s infamous government debt crisis in 2009. But with modest economic growth...

13 March 2020
in
Power, Renewables

Duke Energy signs 35MW PPA with city of Charlotte

Duke energy has signed a 35MW power purchase agreement (PPA) with the city of Charlotte in North Carolina, USA. The PPA has been awarded under the Green Source Advantage...

13 March 2020
in
Renewables, Telecoms and Communications, Waste and water

US DFC approves its first loans and PRI

On 12 March the US International Development Finance Corporation (DFC) approved $881 million in financing and political risk insurance for multiple projects - the first...

13 March 2020
in
Power, Transport

Entergy and ECO team up for utility-scale shore power project

Entergy Louisiana and Edison Chouest Offshore (ECO) have partnered to build the first utility-scale shore power installation at Port Fourchon in the US. The initial...

13 March 2020
in
Waste and water

AfDB backs Namibian water development program

African Development Bank (AfDB) has approved a $121.7 million loan and €3 million grant from the Rural Water Supply Sanitation Initiative Trust Fund to support...

13 March 2020
in
Power

RATCH buys into Rayong SPP power project

RATCH Group has bought a 49% share in NER Singapore for $21 million from Nexif Energy Thailand. The deal gives RATCH a stake in the Nexif Energy Rayong SPP power project...

13 March 2020
in
Renewables

Ancala buys Orites wind farm from Platina

Funds managed by Ancala Partners have bought the 82MW Orites wind farm in Cyprus from Platina Energy Partners for an undisclosed amount. Operational since 2011, the wind...