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19 December 2018
in
Power, Renewables

Liquid, not hot, air: Long-term debt for long-term storage

UK-based developer Highview Power thinks that renewables’ increased share of generation will make its liquid air storage technology increasingly attractive. But long-term...

19 December 2018
in
Power, Renewables

ABB to sell power grid business to Hitachi in $6.4bn deal

Hitachi has agreed to acquire 80.1% of Swiss engineering company ABB Ltd.’s power grid division for around $6.4 billion. ABB will have an option to sell its...

19 December 2018
in
Renewables

Fulcrum to site solid waste-to-fuel plant in Indiana

Fulcrum BioEnergy is to site its Centerpoint BioFuels Plant project in Gary, Indiana. The plant will convert municipal solid waste into renewable...

19 December 2018
in
Oil & gas

UEPL secures $21m from MSII for city gas distribution business

Ashoka Buildcon Limited has secured a Rs150 crore ($21.35 million) commitment from Morgan Stanley India Infrastructure (MSII) for its Indian city gas distribution (CGD)...

19 December 2018
in
Renewables

Statkraft applies for permit for floating solar project in Albania

The Albanian energy ministry has confirmed that Statkraft Renewables Albania has applied for a building permit for a floating solar park on the water reservoir...

19 December 2018
in
Renewables

Sumitomo buys into French offshore wind projects

The Sumitomo Corporation has acquired a 29.5% equity stake in two 496MW offshore wind projects and will now paticipate in the development, construction and operation of...

19 December 2018
in
Renewables

Allianz buys the unsubsidised Solara solar project in Portugal

Allianz Capital Partners on behalf of Allianz insurance companies has signed to acquire the 218.8MW Solara project in Southern Portugal. The unsubsidised...

19 December 2018
in
Renewables

Greece awards small-scale solar projects but cancels large-scale tender

Greece has awarded 61.943MW of new capacity in its December 10 small-scale solar tender for projects less than 1MW. Tariffs ranged between €63 to €68.99...

19 December 2018
in
Renewables

Actis buys 88% of 100MW Kipeto wind power project

Emerging market investor Actis has acquired 88% of Kipeto energy, making it the largest shareholder of the 100MW wind power project in Kenya. Actis acquired equity...

19 December 2018
in
Power

New MD for Hinkley Point's MEH Joint Venture

MEH Joint Venture - a partnership of  between Hinkley Point C (HPC) and all Tier One MEH (Mechanical, Electrical and HVAC) and support services contractors...

19 December 2018

AIIB agrees membership of Algeria, Ghana, Libya, Morocco, Serbia, Togo

The Asian Infrastructure Investment Bank has approved membership applications of six more countries, bringing AIIB’s total approved membership to 93. The new group...

19 December 2018

IFC agrees $300m financing package to boost MSMEs in Brazil

The International Finance Corporation is providing a US$300 million financing package for Bradesco, one of the largest private banks in Brazil, to boost the expansion of...

18 December 2018
in
Transport

NPA confirms award of port concession to Ocean and Cargo Services

The Nigerian Ports Authority (NPA) has approved the concession of Terminal B, Warri Old Port, to Ocean and Cargo Services Limited. Ocean and Cargo Services Limited was...

18 December 2018
in
Power, Renewables

Alliant makes senior succession planning appointments

The Alliant Energy Corporation Board of Directors has made three promotions in advance of the scheduled retirement of  Douglas R. Kopp, president of Interstate...

18 December 2018
in
Renewables

PSCW approves Alliant Energy's 150MW wind project

The Public Service Commission of Wisconsin (PSCW) has given verbal approval for a 150MW wind project located in Kossuth County, Iowa, being developed by Alliant...

18 December 2018

Urbeo, ISIF and Starwood form €1bn Dublin build-to-rent platform

Urbeo Residential, the Ireland Strategic Investment Fund (ISIF) and an affiliate of Starwood Capital have formed a €1bn ($1.14 billion) build-to-rent residential...

18 December 2018
in
Renewables

Deadline nears for EOIs in 2GW Afghan solar initiative

The deadline for expressions of interest in Afghanistan's procurement of 2GW of solar generation are due on Thursday. The country is planning to establish up...

18 December 2018
in
Oil & gas

Transgaz gets €50m EIB loan to build a new pipeline for Black Sea gas

The European Investment Bank (EIB) has agreed a €50 million loan to state-owned Transgaz finance a new pipeline to connect Romania's natural gas resources...

18 December 2018
in
Oil & gas, Waste and water

Balfour Beatty appoints MD for Gas & Water business

Balfour Beatty has announced that Matthew Steele has been appointed Managing Director of its Gas & Water business. The chartered Mechanical Engineer has previously...

18 December 2018
in
Power

TransCanada agrees $465m sale of Coolidge power plant

TransCanada Corporation has entered into an agreement to sell its 575MW Coolidge Generating Station to Southwest Generation Operating Company subsidiary SWG Coolidge...