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01 December 2017
in
Renewables

Aera Energy and GlassPoint team up for oilfield solar project

Californian oil producer Aera Energy and GlassPoint Solar have announced plans to build an integrated solar project to produce 850MW of solar steam and...

01 December 2017
in
Metals and Mining, Power

Kibo to acquire interest in Mabesekwa coal-fired power project

Tanzania-based Kibo Mining has agreed to acquire an 85% interest in the Mabesekwa intergrated mine and power project in Botswana from Shumba Energy...

01 December 2017
in
Renewables

Enel sells majority stake in two US wind farms to Gulf Pacific Power

Gulf Pacific Power has signed an agreement with Enel Green Power North America for the purchase of an 80% stake in the 200MW Caney River and 150MW Rocky Ridge wind...

01 December 2017
in
Oil & gas, Power

Reliance Power signs terminal use agreement with Bangladesh

Reliance Power has finalised agreements with PetroBangla for a LNG Terminal at Kutudbia Island and the Bangladesh Power Development Board (BPDB) for the 750MW...

01 December 2017
in
Renewables

Mainstream seeks equity partner for 450MW NnG offshore wind project

KPMG London is managing the process to find Mainstream Renewable Power a majority equity partner for its project to develop the 450MW Neart na Gaoithe wind farm located...

01 December 2017
in
Power

Abraaj makes first Mexican investment as it plans 500MW generation platform

The Dubai-based investor Abraaj Group plans to create a 500MW gas-fired power generation platform in Mexico and has announced its first investment in gas-fired...

01 December 2017
in
Transport

Pedemontana Veneta reaches financial close

Fininc and Sacyr, sponsors of the Pedemontana Veneta availability-based 39-year road concession in Italy, reached financial close on the €1.571 billion ($1.87...

01 December 2017

Mubadala Investment buys Verno's private equity advisory unit

The Abu Dhabi government-owned Mubadala Investment Company has acquired the Russian and CIS region-focussed private equity advisory unit of Verno Capital.

01 December 2017
in
Metals and Mining

Gaines to take on CEO role at Fortescue Metals

Australian iron ore miner Fortescue Metals Group has appointed chief financial officer Elizabeth Gaines as its next CEO to take over from Nev Power in...

01 December 2017

UK's AML fines surge 166%

The value of anti-money laundering (AML) fines issued by the UK's revenues and customs branch, HMRC, has surged 166% this year to more than $1.5 million, suggesting...

30 November 2017

Opportunity of the day: Poly-GCL in talks with banks regarding project finance for $4bn natural gas development in Djibouti

Poly-GCL Petroleum Group Holdings Limited (Poly-GCL), which recently signed a memorandum of understanding (MoU) to invest $4 billion in a natural gas project in Djibouti,...

30 November 2017
in
Power

Myingyan IPP loan meets conditions precedent

Sponsors of the $325 million 225MW gas-fired Myingyan IPP project in Myanmar – Sembcorp (80%) and MMID Utilities (20%) – have met conditions precedent...

30 November 2017
in
Renewables

BayWa r.e. sells remaining UK solar portfolio to Greencoat

German renewables company Baywa r.e. has completed the sale of a 75MW portfolio of UK solar assets to Greencoat Capital. The £262 million Greencoat Solar...

30 November 2017

Corsair hires John Porcari as Operating Partner

Global investor Corsair Infrastructure Partners (CIP) has appointed the former US Deputy Secretary of Transportation John Porcari as Operating Partner.  He moves...

30 November 2017
in
Power

UK and Korea sign cooperation agreement for nuclear projects

The UK and Korean governments have signed a memorandum on cooperation to clear the way for Korean companies to take part in nuclear projects in the UK. Korea...

30 November 2017
in
Renewables

New head of renewables team for Allianz

Allianz Capital Partners (ACP) has announced the retirement of David Jones, the long-time head of the renewables team and the promotion of Marc Groves-Raines to fill his...

30 November 2017
in
Renewables

RenovAr auction nets Argentina 1.4GW of renewable power

Argentine companies figured prominently in the awards by the energy ministry in the first phase of the RenovAr auction programme. The 1,408MW total of renewable power...

30 November 2017
in
Power

BPDB awards 400MW Bibiyana power project to L&T and Samsung consortium

The Bangladesh Power Development Board has awarded the 400MW Bibiyana South combined-cycle gas turbine project located in Hobiganj district of Sylhet to a consortium of...

30 November 2017
in
Renewables

Oman to tender 100MW solar capacity by year end

The managing director of government-controlled Petroleum Development Oman (PDO) has said that 100MW of solar capacity at oilfield installations across its Block 6...

30 November 2017
in
Renewables

Taaleri buys into Serbian wind farm

The renewable energy fund Taaleri Aurinkotuuli and Finnish state-owned development financier Finnfund are each contributing to a 30% stake in the consortium developing...