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24 January 2018
in
Renewables

Council approval for 120MW Fraser Coast solar farm

Brisbane developer Renewable Energy System Technologies (REST) has received Regional Council approval for its $200 million project to build a 120 MW Fraser Coast...

24 January 2018
in
Metals and Mining

Lundin secures $300m loan for Fruta del Norte gold project

Lundin Gold has raised a $300 million facility to fund development and construction of its Fruta del Norte gold project in Ecuador. The deal...

24 January 2018
in
Renewables

Vietnam releases finalised set of Model PPAs for solar projects

Vietnam's Ministry of Industry and Trade has ignored a number of recommendations on the draft PPA issued in April 2017 and released a finalised set of Model PPAs for...

24 January 2018

Chinese Silk Road project fund targets $3bn

The China-ASEAN Investment Cooperation Fund (CAF), with backing from the Export-Import Bank of China, that is to focus on Belt and Road infrastructure projects in...

24 January 2018

Evans makes internal move at Citi

Richard E. Evans, previously director of Export & Agency Finance Treasury and Trade Solutions at Citi, has moved internally and is now global head of Trade...

23 January 2018

Opportunity of the day: WTE Group, International Financial Advisors win EPC contract for $1.3bn Kuwait WWTP project

Kuwait Authority for Partnership Projects (KAPP) has awarded an EPC contract to a consortium comprising WTE Wassertechnik GmbH and International Financial Advisors KSCC...

23 January 2018
in
Power

Project 4B bond closed

Edra Energy (owned by Edra Power Holdings, which is in turn owned by China General Nuclear Power Corp through its subsidiary China Solar Energy Investment) has closed the...

23 January 2018
in
Oil & gas

Shah Deniz Stage 2 loan out to syndication

Syndication is underway on the $524.5 million 15-year loan for the Shah Deniz Stage 2 project. The facility was signed by project sponsor Southern Gas Corridor Company...

23 January 2018
in
Renewables

Nike signs 86MW PPA with Avangrid

Avangrid Renewables has signed a power purchase agreement with Nike for 86MW of the 286MW capacity of the Karankawa Wind Farm in Bee and San Patricio counties in Texas....

23 January 2018
in
Renewables

CPPIB buys $144m stake in India's ReNew Power

Canada Pension Plan Investment Board (CPPIB) has agreed to acquire a 6.3% stake in the Indian clean energy company ReNew Power from the Asian Development Bank for US$144...

23 January 2018
in
Renewables

India falls foul of WTO ruling and cancels 250MW Azure solar project

The Indian government has had to cancel a 250MW Domestic Content Requirement programme tender awarded to Azure Power last year as it was adjudged to have infringed World...

23 January 2018
in
Renewables

InfraCo Africa and Berkeley Energy commit $30m to Corbetti Geothermal project

InfraCo Africa and Berkley Energy have signed a shareholders agreement to commit $30 million to start the first phase of the Corbetti Geothermal Project in Ethiopia....

23 January 2018
in
Power

FirstEnergy announces $2.5bn equity investment

US utility FirstEnergy has announced an investment in the company of $1.62 billion in mandatory convertible preferred equity and $850 million of common equity by...

23 January 2018
in
Renewables

Kano makes land available for 100MW Dangote solar project

The Nigerian state of Kano has made 150 hectares of land available for a $150 million Dangote and Black Rhino project to develop 100MW of solar capacity in Zakirai,...

23 January 2018

UKEF helps ES Global secure Asian Games contract

London-based project management company ES Global has secured a contract worth £13.6 million to work on the Asian Games 2018 after receiving financial support from...

23 January 2018
in
Renewables

Denmark's Obton buys two UK solar projects

In its first move into the UK market, the Danish investment company Obton has bought two operational solar PV projects from a German developer. German bank BayernLB acted...

23 January 2018
in
Renewables

US solar panel import tariff may benefit Indian projects

In a bid to offer protection to the foreign-owned US solar panel manufacturers Suniva and SolarWorld, the US government has imposed an initial 30% tariff on imported...

23 January 2018

SACE SRV receives ISO 9001: 2015 quality certification

SACE has received ISO 9001: 2015 quality certification from the international certification body DNV GL for the recovery and loan restructuring activities managed by SACE...

23 January 2018

EBRD reveals support in southern and eastern Mediterranean economies

The EBRD invested in 60 projects worth more than €2.1 billion in the southern and eastern Mediterranean region in 2017. Investments were made in the energy and...

23 January 2018

AfDB to add $2bn to Nigeria loans

The African Development Bank (AfDB) plans to increase its loans to Nigeria by more than $2 billion next year with investments in energy, infrastructure and...