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10 May 2017

MAXpower falters on repayments

Indonesian gas-fired power developer MAXpower has failed to meet a quarterly principal repayment on a $222 million five-year corporate facility it raised from...

09 May 2017

GEV offers cheap gas for stranded Indian power plants

US-based Global Energy Ventures (GEV) is offering to sell Compressed Natural Gas (CNG) at 25% cheaper that the cost of LNG in exchange for long-term supply contracts....

05 May 2017

Centrica plans £60m boost to Morecambe Bay output

The project aims to maximise output from the gas fields in the East Irish Sea by overhauling the equipment on two normally unmanned 5,000-tonne platforms.

02 May 2017

Is Saudi Arabia’s renewables dream becoming a reality?

Saudi Arabia has finally made its first major step to reach its renewable procurement target of 9.5GW by 2023 as the names of pre-qualified project bidders under Round 1...

01 May 2017

Old Harbour: Locally grown

Led by domestic banks and with no DFI support, the Old Harbour power project financing in Jamaica is testament to the ingenuity of local lenders.

20 April 2017

Alba 6: ECA-backed deal adds another piece to the funding puzzle

Alba has secured commitments for an additional $700 million ECA-backed loan to part finance its Line 6 expansion project. The deal complements a $1.5 billion syndicated...

17 April 2017

Shop talk: Breaking PLN's 35GW threshhold

Indonesia's 35GW power procurement plan was always ambitious. But PLN is much closer to delivery in 2019 than many were predicting. Teguh Harsono, senior manager of fund...

07 April 2017
in
Renewables

Mafraq I and II: DFI debt and cheap tariffs

Solar developer FRV reached full financial close on DFI-backed financings last month to fund the construction of two of its four solar projects in Mafraq, Jordan. The...

04 April 2017

Egypt FiT Round 2: Will it be bankable?

Developers under Egypt’s FiT Round 2 programme are racing to secure international debt for solar power tenders by the end of the April. With revisions to key issues that...

09 March 2017

Premium Green 2017-2: Less can be more

Credit Agricole has closed a $3 billion synthetic securitisation to free up cash for green project loans. And unlike vanilla green bonds, this deal could indirectly...

03 March 2017

Powering up: Tanjung Jati B 5&6 electrifies lender appetite

JBIC and commercial banks, with NEXI cover, are co-financing $3.35 billion of debt to fund a 2GW expansion of the 2.64GW Tanjung Jati B coal-fired power plant in...

28 February 2017

Turbine loans: Broken promise?

With US wind tax credits (PTC) being cut 20% year-on-year until 2019, the turbine loan market was expected to make a comeback. A trio of wind turbine loans under full PTC...

22 February 2017

Funding tap: GCC margins dip

Two years of tight regional bank liquidity and even tighter government budgets forced many Middle East state-owned borrowers into the ECA-backed and pre-export loan...