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08 August 2017

BNDES finances Pirapora I solar power project

Brazilian development bank BNDES has agreed a $163 million loan to finance the 191.5MWp Pirapora I project by Canadian Solar and EDF Energies Nouvelles in Minas Gerais,...

07 August 2017

Opportunity of the day: Duqm refinery awards three major contracts

Duqm Refinery and Petrochemical Industries Company LLC has awarded the EPC contract of the main processing unit of its proposed 230,000bpd capacity refinery to Tecnicas...

07 August 2017

Essar signs for Beira Port coal terminal project

Indian port operator Essar Ports and local Portos e Caminhos de Ferro de Mocambique (CFM) have signed a 30-year concession with the Mozambique government to...

07 August 2017

EPC contracts awarded for Oman's Duqm refinery

The Oman Oil Company and Kuwait Petroleum International JV has awarded three EPC contracts with Tecnicas Reunidas and Daewoo Engineering building the main...

07 August 2017
in
Renewables

Willogoleche wind farm reaches financial close

Engie and Mitsui have reached financial close on the A$250 million ($198 million) 119MW Willogoleche wind farm in South Australia. GE is providing 32 wind turbines for...

07 August 2017

Summit announces $1bn investment in Bangladeshi projects

Summit Power International of Singapore will develop the Meghnaghat II gas-fired power plant, with GE Capital’s Energy Financial Services signing a...

07 August 2017
in
Metals and Mining

Dacian draws down Mt Morgans Gold project debt

Dacian Gold has completed the first drawdown from a A$150 million ($118 million) five-year project finance facility provided by Westpac, ANZ and BNP Paribas. The deal...

07 August 2017

Joule Africa signs PPA with Sierra Leone for hydro expansion

Joint venture Seli Hydropower, comprising of Joule Africa and Energy Services Company, have signed the 25-year power purchase agreement for the 143MW Bumbuna II extension...

07 August 2017

GNF sells 20% stake in Spanish gas distribution business

Allianz Capital Partners (€600 million) and Canada Pension Plan Investment Board have entered into an agreement with Gas Natural Fenosa (GNF) to acquire a 20%...

07 August 2017

First Gen pursues LNG involvement with PNOC

The owner of four gas-fired power plants, with a combined 2GW capacity, in Batangas province is looking to participate in the Philippine National Oil Co's LNG hub...

07 August 2017

Nepal and China plan cross-border transmission links

The Nepalese government has sent a draft of a memorandum of understanding for the joint development of a 400KV power connection proposed for the border at...

07 August 2017

TuNur applies for 4.5GW Tunisian solar export project

UK company TuNur is seeking Tunisian governmental approval for a project to supply Europe with solar power from a Sahara Desert complex near Rejim Maatoug in south-west...

07 August 2017

SACE and Simest to help finance Russian urea plant

Russia's PJSC KuibyshevAzot and Italy's Maire Tecnimontare are to develop a €160 million urea plant in Tolyatti, in the Samara region of Russia. They will...

07 August 2017

Franklin Capital launches export finance unit

SME financing group Franklin Capital Network has launched Franklin Export Funding for US companies looking to expand internationally. It will provide exporters with...

07 August 2017

Development Bank of Namibia and DBSA agree to co-finance projects

The Development Bank of Namibia and the Development Bank of Southern Africa (DBSA) have signed a memorandum of understanding in a bid to boost development finance in...

07 August 2017

Kexim to finance upgrade of Azerbaijani refinery

The Export-Import Bank of Korea is to finance a $1.88 billion project to upgrade Tabriz Refinery, in East Azerbaijan province. A South Korean-Iranian consortium will be...

07 August 2017

IEnova Unit, Valero sign contracts for Mexican liquid fuels projects

IEnova, the Mexican subsidiary of US-based Sempra Energy, has signed long-term contracts with a subsidiary of Valero Energy Corp for the storage capacity of the liquid...

04 August 2017
in
Oil & gas

IFC backs Bangladesh's first LNG terminal

The International Finance Corporation (IFC) has closed a $125 million facility to finance Bangladesh’s first LNG terminal. Texas-based Excelerate, a leading LNG...

04 August 2017

Financial close nears for €1.2bn DeBu wind project

Northland Power is developing the 268MW wind project, previously known as Deutsche Bucht, 95km northwest of the island of Borkum in the German North Sea.

04 August 2017

NAIF approval for Genex Power's Kidston project

The Northern Australian Infrastructure Facility (NAIF) has asked Genex Power to undertake full due diligence before making its final investment decision for the Stage 2...