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07 November 2019

Tunnel vision: Lessons (not) learned from infrastructure work-outs

As surely as bust follows boom, project work-outs follow a loosening of deal structures. And lenders need to learn to keep forecasts realistic. Proximo hosts...

07 November 2019

Augusta & Co hires Guitard

Renewables advisory boutique Augusta & Co has appointed Romane Guitard as managing director. Guitard is mandated with expanding Augusta’s advisory and...

07 November 2019
in
Power, Renewables

RWE signs 30-year PPA for Broken Spoke solar

Southern Company subsidiary Georgia Power has signed a 30-year PPA for output from RWE Renewables' 195.5MW Broken Spoke Solar plant in southwest Georgia. The...

07 November 2019
in
Renewables

Fortini Investments refinances solar portfolio

Fortini Investments has issued a €130.1 million senior secured project bond to finance a portfolio of solar projects in Spain. The 2038 notes are priced at a 2.9%...

07 November 2019
in
Telecoms and Communications

Macquarie and Aberdeen to acquire Spanish FTTH firm MasMovil

Macquarie Capital and Aberdeen Standard Investments have signed an agreement with MasMovil to acquire its Spanish fibre-to-the-home network for €218.5 million ($242...

07 November 2019

Sunsuper and Qsuper in merger talks

Queensland-based not-for-profit funds Sunsuper and QSuper have confirmed they are in merger talks which would create Australia's largest super fund....

07 November 2019

Pinsent Masons lures Hunwick to Sydney projects practice

Pinsent Masons has appointed Jim Hunwick as Finance & Projects partner in its Sydney practice. Hunwick joins from Johnson Winter and Slattery where he was a partner...

07 November 2019
in
Power, Renewables

DTEK prices first Ukrainian green bond

DTEK Renewables Finance has priced a debut €325 million 5-year green bond offering of 8.50% senior notes guaranteed by its parent, DTEK Renewables. The notes are...

07 November 2019

EBRD finances battery gigafactory in Poland

The European Bank for Reconstruction and Development (EBRD) has agreed a long-term loan of €250 million to support the construction of a battery gigafactory in...

07 November 2019
in
Transport

Albania tenders airport rail link

Albania is inviting prequalified bidders to tender for a contract to modernise the existing 34·5km railway between Durres and the Tirana Public Transport Terminal...

07 November 2019
in
Renewables

Aggregated 75MW PPA signed for Apex Clean Energy's White Mesa Wind

Apple, eBay, Samsung, and Sprint have jointly entered into an aggregation agreement to buy 75MW of capacity from  Apex Clean Energy's 500 MW White Mesa Wind...

07 November 2019
in
Renewables

KenGen launches Olkaria geothermal RFQ

Kenya Electricity Generating (KenGen) has launched the request for qualification (RFQ) for the 140MW Olkaria geothermal project in Nakuru County. The 25-year BOOT...

07 November 2019
in
Waste and water

India Exim agrees $30m financing for potable water system project in Ghana

The Export-Import Bank has provided a $30 million (about Rs210 crore) line of credit for to finance the rehabilitation and up-grade of potable water system in Yendi,...

07 November 2019
in
Power, Renewables

8minute and LADWP team up for Eland Solar & Storage Center

8minute Solar Energy has confirmed it will build the Eland Solar & Storage Center to serve the needs of the Los Angeles Department of Water and Power (LADWP) in Los...

07 November 2019
in
Power, Renewables

SEEIT completes acquisition of Spanish co-gen portfolio from Sacyr

SDCL Energy Efficiency Income Trust plc (SEEIT) has completed the acquisition of a portfolio of nine cogeneration projects in Spain from Sacyr. The 125MW portfolio...

07 November 2019

World Bank launches NOK2.5bn sustainable development bond

The World Bank has launched its first sustainable development bond in Norwegian krona to raise awareness for water and ocean resources. The NOK2.5 billion 1.75% bond...

07 November 2019
in
Transport

Financial close for expansion projects at three Australian airports

The Northern Australia Infrastructure Facility (NAIF) has announced financial close on a loan to help expand facilities at three Northern Territory airports.NAIF has...

07 November 2019
in
Power, Renewables

Beckers joins Apricum

German clean tech advisory firm Apricum has appointed Frank Beckers, former head of project finance and advisory at First Abu Dhabi Bank (FAB), as partner. Beckers left...

07 November 2019

AFC issues $500m Eurobond

Africa Finance Corporation (AFC) has issued a $500 million dollar-denominated Eurobond for general corporate purposes - its fourth issue under its $3 billion global MTN...

07 November 2019
in
Transport

Croatia's Zigljen port gets EU-backed funding for revamp, expansion project

Croatia's Zigljen ferry port, on the Adriatic island of Pag, is launching a HRK73.4 million ($10.9 million)  revamp and expansion project supported by European...