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20 November 2019
in
Power

Eskom needs $12bn to comply with new emissions laws

South Africa’s power utility Eskom needs around ZAR187 billion ($12.60 billion) to comply fully with existing legislation curbing harmful emissions, a government...

20 November 2019
in
Renewables

New Jersey raises offshore wind target to 7.5GW

New Jersey Governor Phil Murphy has signed an executive order increasing New Jersey’s offshore wind goal from 3.5 GW by 2030 to 7.5 GW by 2035. The completion of...

20 November 2019
in
Metals and Mining

Sycamore Mining signs deal with Guinea to redevelop Kiniero gold mine

Cyprus-based investment firm Sycamore Mining has signed a pact with Guinea’s government to redevelop the Kiniero gold mine in the country’s east.The deal...

20 November 2019
in
Transport

South Korean consortium submits best bid for Panama metro

A South Korean consortium led by Hyundai submitted the best bid in the tender to build the third subway line in Panama City. The HPH Joint Venture consortium...

20 November 2019

AFC closes $140m Kimchi term loan facility

Africa Finance Corporation has closed its inaugural $140 million Kimchi term loan facility.Shinhan Bank London Branch and South Africa’s Nedbank Limited, London...

20 November 2019
in
Renewables

Copel awards 121MW in its second renewables auction

Brazilian energy firm Copel (Companhia Paranaense de Energia) that operates in the southern state of Parana has contracted 121.6MW of wind and solar through its...

20 November 2019
in
Renewables

Nebras buys minority interest in 105MW Project Amin

Qatari investment company Nebras Power has completed the acquisition of a 9.9% equity stake in Amin Renewable Energy Company (AREC) and owner of Project Amin in Oman. The...

20 November 2019
in
Transport

Brazil lines up nearly 300 PPP lighting concessions

According to the president of Abcpi , the association of private lighting concessionaires, Brazil  is planning 287 public-private partnership (PPP) calls for...

20 November 2019
in
Renewables

France starts offshore wind consultation for new Normandy site

The French Minister of the Ecological and Solidary Transition has launched the next phase of the country's offshore wind development with the start of a public...

20 November 2019
in
Renewables

ConnectGEN names Caton Fenz as new CEO

Quantum Energy Partners portfolio company ConnectGEN has appointed Chief Development Officer Caton Fenz to the role of Chief Executive Officer. The Houston-based...

20 November 2019
in
Power

US Ex-Im considers $452m loan for Iraq gas turbine project

The Export-Import Bank of the United States (US Ex-Im) has approved a preliminary commitment for almost $452 million to Iraq’s Ministry of Finance for a power...

20 November 2019
in
Renewables

IFC, NADB provide $200m to IEnova for Mexican solar projects

The International Finance Corporation and the North American Development Bank (NADB) will provide $200 million in green loans to Mexico-based IEnova to finance four solar...

20 November 2019
in
Metals and Mining

Adani says Carmichael mine ready to ship coal in 2021 despite funding needs

The Adani Group company financing the Carmichael mine in north Queensland has told shareholders to expect a first coal shipment in August 2021 - but the project’s...

19 November 2019
in
Oil & gas

Summit LNG Terminal signs project debt

Summit Corporation and Mitsubishi, via their joint venture Summit LNG Terminal, have signed the debt facility for the project.Summit LNG Terminal received a concession...

19 November 2019
in
Power, Renewables

CEFC commits A$50m to expanding Tesla Hornsdale Power Reserve battery system

Australia’s Clean Energy Finance Corporation (CEFC) is to commit A$50 million ($34.14 million) to help fund the expansion of Tesla's Hornsdale battery project...

19 November 2019

AllianzGI and KfW launch fund of funds AfricaGrow

Allianz Global Investors has teamed up with the German development bank KfW to launch a fund of funds designed to provide financial resources for African private equity...

19 November 2019
in
Transport

ICTSI submits proposal for Iloilo ports

The Philippine Ports Authority (PPA) has deemed a P8.7-billion ($170 million) proposal to modernize and operate port projects in Visayas as complete. A 60-day review of...

19 November 2019
in
Renewables

UmweltBank provides debt for subsidy-free solar project

UmweltBank is providing a 20-year non-recourse loan for BayWa re’s  non-subsidised 8.8MWp Barth 5 solar project in Germany. The loan is backed by a five-year...

19 November 2019
in
Transport

COSCO to invest $660m into Port of Piraeus

The recent state visit by the Chinese leader Xi Jinping to Greece has culminated with the signing of an agreement for China Ocean Shipping Company (COSCO) to invest...

19 November 2019
in
Power

EIB agrees €490m loan with Terna to finance network upgrade in Italy

Transmission system operator Terna and the European Investment Bank (EIB) have signed an agreement for a €490 million loan to support investments that will improve...