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11 October 2018

White & Case hires infrastructure lawyer Simon Caridia

White & Case has hired former Herbert Smith Freehills infrastructure partner Simon Caridia. He joins the global project finance practice and will...

11 October 2018

Blackstone launches MENA-focused infra company Zarou

Blackstone has set up a new company called Zarou to focus on the development, finance, construction and operation of power and renewable energy, oil & gas midstream,...

11 October 2018
in
Power, Renewables

Duke Energy plans $500m energy storage deployment

Duke Energy Renewables and Distributed Energy Technology has announced its intention to invest $500 million over the next 15 years to advance battery storage in...

11 October 2018
in
Renewables

Four wind projects awarded in Kazakhstan auction

Kazakhstan's energy ministry has awarded four wind projects totalling 250MW of capacity in its second tranche of auctions this year. The lowest price came from...

11 October 2018

Angola secures $2bn in infrastructure financing from CDB

Angola has secured $2 billion in financing from the China Development Bank for infrastructure projects. President João Lourenço who took power a year...

11 October 2018

Chexim agrees inaugural $300m facility to AFC

The Export-Import Bank of China (Chexim) has agreed a US$200 million five-year loan and a US$100 million five-year stand-by facility to Africa Finance Corporation...

11 October 2018

NIB finances the Nya Slussen project in Stockholm

The Nordic Investment Bank and the City of Stockholm have signed a €48 million (SEK500 million) loan with a ten-year maturity to finance the redevelopment of the...

11 October 2018

ADB, OECD sign MoU to deepen partnership for Asia-Pacific

The Asian Development Bank and the Organisation for Economic Co-operation and Development (OECD) have signed a new five-year memorandum of understanding to deepen their...

11 October 2018
in
Oil & gas

KIPIC signs ECA covered international tranche for Al Zour LNG terminal

Kuwait Integrated Petroleum Industries Company (KIPIC) has closed the international ECA covered tranche for its KWD1 billion ($3.294 billion) Al-Zour LNG importing &...

10 October 2018
in
Renewables

Fitch expects Japan to add 17GW of solar to grid by 2020

A Fitch Solutions Macro Research review of the Japanese solar industry is predicting a 17GW increase of grid-connected solar by 2020. The additional capacity is...

10 October 2018
in
Power

Uzbekistan signs contract for Sirdaryo power plant upgrade

The government of Uzbekistan has signed a $219 million contract for the modernisation of the Sirdaryo thermal power plant with engineering company OJSC...

10 October 2018

GLIL receives £550m from pension funds for infrastructure investment

GLIL Infrastructure LLP (GLIL) has received pledges totalling £550 million from its local authority pension fund partners for investment in greenfield sites,...

10 October 2018

EBRD loan helps Turkish confectionery exporter Kervan expand

The European Bank for Reconstruction and Development is providing a five-year loan of $7.5 million to Turkish jelly product exporter Kervan Gıda Sanayi ve Ticaret...

10 October 2018
in
Renewables

ThomasLloyd acquires stake in SolarArise India

ThomasLloyd has acquired a significant stake in the GEEREF and CIIF backed project developer SolarArise India Projects Pvt Ltd. SolarArise currently owns and operates...

10 October 2018
in
Waste and water

Aberdeen Standard invests £65m in Anglia Water green bonds

Anglian Water’s green bond programme has attracted a £65 million investment from Aberdeen Standard Investments on behalf of its strategic clients,...

10 October 2018
in
Renewables

Total EREN to build solar power plant in Uzbekistan

French Total EREN and Uzbekenergo have agreed to jointly implement a project for the construction of a photopower station in the Samarkand region. The International...

10 October 2018
in
Metals and Mining, Power

Relief nears for troubled Indian mega projects relying on imported coal

A three-member committee set up by the Indian state of Gujarat to look into troubled mega thermal power projects set up by Adani Power, Tata Power and...

10 October 2018
in
Renewables

EIB approves €6.6bn support for projects across Europe, Africa

The European Investment Bank (EIB) has approved backing for €6.67 billion of sustainable transport, urban development, water, clean energy and private sector...

10 October 2018
in
Oil & gas

Nauticol plans $2bn petrochem project in Alberta

Calgary-based Nauticol Energy Ltd has announced plans for a C$2 billion ($1.54 billion) methanol manufacturing facility in Grande Prairie, Alberta. The proposed...

10 October 2018
in
Renewables

Encavis acquires 300MW Talayuela solar project

Hamburg-based solar and wind park operator Encavis AG has acquired a 300MW subsidy-free solar project located near the Spanish town of Talayuela as part of its...