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20 April 2018
in
Oil & gas

Lukoil seals $660m Ksure-backed loan

Moscow-headquartered Lukoil has raised a $660 million loan with a ten-year maturity to finance part of the construction costs for gas processing plant at the Kandym field...

20 April 2018
in
Renewables

Element Power takes over development of North Irish Sea Array

Greenlink electricity interconnector developer Element Power has taken over the development of the 750MW North Irish Sea Array (NISA) wind site from Gaelectric for...

20 April 2018

AIIB and AfDB sign MoU on infrastructure and energy

The Asian Infrastructure Investment Bank and the African Development Bank have signed a memorandum of understanding to enhance collaboration on sustainable economic...

20 April 2018
in
Renewables

Algeria looks to tender 170MW of renewables

The Algerian Minister of Energy has stated that the government will seek to procure 170MW of wind and solar capacity in the near future. The state-owned power utility...

20 April 2018

EIB and AfDB back new Development Bank of Nigeria

The European Investment Bank and the African Development Bank (AfDB) have agreed to support the creation of the new Development Bank of Nigeria to strengthen lending for...

20 April 2018
in
Power

IDB Invest, IFC finance thermoelectric plant in Brazil

IDB Invest, the private sector institution of the IDB Group, is financing the construction and operation of Porto do Sergipe, a 1,516MW combined cycle thermoelectric...

19 April 2018
in
Renewables

Opportunity of the day: EVN looks to raise funds via investors, foreign loans, JV partners for 470MW of solar projects

The Vietnam Electricity Group (EVN) is looking at investors, foreign currency funds from commercial banks, and companies who could form a JVs with EVN to set up three...

19 April 2018

EKF CEO Anette Eberhard announces plans to leave

Anette Eberhard, CEO of Denmark's export credit agency EKF, is to leave the post in October. She has been at EKF for more than 17 years and has been CEO for almost 11...

19 April 2018
in
Renewables

Nam Theun 1: Built in Laos – banked in Thailand

Sponsors of the Nam Theun 1 hydro project in Laos closed a tightly priced ECA-backed facility last month. The deal, which took three years from start to finish, has...

19 April 2018
in
Renewables, Transport, Waste and water

EverSourceCapital to manage Indian green infra fund GGEF

Lightsource BP and Everstone Group have formed the joint venture company EverSource Capital to manage the Green Growth Equity Fund (GGEF), which has £240 million of...

19 April 2018
in
Renewables

Iowa approves 1GW capacity expansion for Alliant Energy

The Iowa Utilities Board has approved Alliant Energy's proposed expansion plan that will add 1GW of wind generated capacity for an estimated investment...

19 April 2018
in
Power, Renewables, Telecoms and Communications, Transport

ICG appoints new European infra team

Specialist asset manager Intermediate Capital Group (ICG) has announced the launch of a new European Infrastructure Investment team dedicated to investing in energy,...

19 April 2018
in
Oil & gas

Rockhopper nearer to UKEF deal

UK-based oil and gas independent Rockhopper Exploration, with financial advisory from Portland Advisers, is near to mandating a lead arranger for its...

19 April 2018
in
Renewables

Four bid on Dumat al Jandal wind project

Saudi Arabia’s Renewable Energy Project Development Office (REPDO) received bids from ACWA Power, EDF, Enel, and Engie on 17 April 2018 for the 400MW Dumat al...

19 April 2018
in
Waste and water

ACWA consortium signs for Salalah IWP in Oman

The Oman Power and Water Procurement Company has awarded the $155 million Salalah Independent Water Project to the Dhofar Desalination Company SAOC consortium composed of...

19 April 2018

NAIF investment mandate broadened

The Minister for Northern Australia has announced changes to the investment mandate for the Northern Australia Infrastructure Facility (NAIF). Key changes include...

19 April 2018
in
Renewables

Albania to scrap VAT on PV imports

The Albanian finance and economy minister has announced that the government is considering the scrapping of the 20% VAT charged on imported photovoltaic equipment.

19 April 2018
in
Renewables

Greenalia secures EIB funding for 50MW biomass project

Spanish forestry and energy group Greenalia has secured up to €60 million of funding from the European Investment Bank (EIB) for its 50MW Greenalia Biomass Power...

19 April 2018
in
Renewables

Texas PUC has reservations on SPS's wind generation requirements

The Texas Public Utility Commission has pressed Southwestern Public Service (SPS) for detailed information concerning its plans for an additional 1.23GW of wind...

19 April 2018
in
Renewables

Rantau Dedap seals tightly priced JBIC/NEXI-backed facility

Sponsors of the 97MW Rantau Dedap geothermal power plant in Indonesia – Engie (33.3%), Supreme Energy (33.3%), Marubeni (16.6%), and Tohoku Electric Power...