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20 June 2018
in
Renewables

Ofgem awards Race Bank OFTO to Diamond Transmission

UK regulator Ofgem has appointed Diamond Transmission Partners – a consortium comprising Mitsubishi and HICL Infrastructure - as preferred bidder for the 20-year...

20 June 2018
in
Transport

Network Rail mandates 28-day payments and bans retentions

Network Rail has unveiled a raft of changes that will ban tier one contractors from using retentions, and require them to pay suppliers within 28 days of work being...

20 June 2018
in
Power, Renewables

CFA report - India's 2017 public sector bank lending higher to coal than renewables

The Center for Financial Accountability (CFA) in its latest report has analysed 72 Indian energy projects that reached financial close in 2017 and found that $9.35...

20 June 2018
in
Renewables, Waste and water

Apricum appoints new partner to project advisory practice

Berlin-headquartered renewable energy and cleantech advisory Apricum has appointed Duncan Ritchie as partner to head up its project advisory practice and lead an...

20 June 2018
in
Renewables

Reden Solar consolidates project debt and raises €270m

French independent solar power producer Reden Solar has closed a €270 million ($311.7 million) refinancing for the majority of its French assets. The deal...

20 June 2018
in
Oil & gas

Duqm refinery financing in final stages

Kuwait Petroleum and Oman Oil Company are near to signing the partially ECA-covered project financing for the $7 billion Duqm refinery project in Oman. Appetite for the...

20 June 2018
in
Telecoms and Communications

ICT City chosen for Israeli MoD telecom PPP

Project company ICT City in the Negev, formed by Shikun & Binui and Africa Israel Properties, has been selected as best bidder for a Ministry of Defense...

20 June 2018
in
Social infrastructure

Edgemoor consortium named preferred bidder for Howard County Courthouse PPP

Edgemoor-Star America Judicial Partners has been named as the preferred bidder for the DBFOM project for a new Howard County Circuit Courthouse in Maryland. The 30-year...

20 June 2018

Thailand announces Southeast Asian infra fund

The Thai Prime Minister has announced that the country will participate in a new regional infrastructure fund being set up with neighbours Cambodia, Laos, Myanmar and...

20 June 2018
in
Power, Renewables

HSH Nordbank finances Irish wind farm

HSH Nordbank has committed €40 million to Seahound Wind Developments Limited for its 14.1MW Letteragh wind farm project in the west of the Irish Republic. The...

20 June 2018
in
Power

KfW could take on 50Hertz stake from Elia to prevent China takeover

Belgium's Elia could buy the 20% stake it does not own in power network operator 50Hertz and hand it over to German state-owned development bank KfW to prevent...

20 June 2018

EDC and BDC offer new financing for Canadian tech firms

Canadian technology businesses now have access to $50 million in new financing over two years under a partnership agreement between Export Development Canada (EDC) and...

19 June 2018
in
Renewables

ReneSola finances Polish PV project roll-out

Guernsey-based Sequoia Economic Infrastructure Income Fund will supply additional finance to Chinese company ReneSola to enable the further build out of 55 1MW projects...

19 June 2018
in
Renewables

Innogy and Birdseye to develop a 440MW solar pipeline in the US

Innogy SE has signed a joint development agreement with US-based Birdseye Renewable Energy to initially develop 13 solar projects with a 440MW total capacity. The...

19 June 2018
in
Oil & gas, Transport

Ocean Yield raises suezmax acquisition loan

Shipping investor Ocean Yield has raised a $115 million seven-year term loan from ING Bank, SEB and Sparebank 1 SR Bank to finance a sale-and-leaseback acquisition of...

19 June 2018
in
Oil & gas

Philips 66 plans $1.5bn Sweeny Hub expansion

Diversified energy manufacturing and logistics company Phillips 66 has announced that it will proceed with the $1.5 billion expansion of its Sweeny Hub in Old Ocean,...

19 June 2018
in
Renewables

Foresight raising funds for 134MW solar portfolio acquisition

Foresight Solar has entered an exclusivity period for the purchase of a UK portfolio of 18 operational solar projects representing 134.2MW of capacity. The deal is worth...

19 June 2018

EIB launches €250m credit line to finance Portuguese investments

The European Investment Bank has provided the first €250 million tranche of a €750 million credit line to finance small and medium-sized projects in...

19 June 2018
in
Renewables

FP Lux buys 27MW Finnish wind farm

FP Lux Investments is acquiring the 27MW Ratipera wind farm in southwestern Finland from ABO Wind AG to add to its Wind Infrastructure I sub-fund. The project's 9...

19 June 2018

Coface unveils new service to guide companies in IFRS 9 compliance

Coface has unveiled a new service to guide companies in IFRS 9 compliance - which will require businesses to place more accurate and forward-looking accounting systems...