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24 May 2017

EFT seeks partner for Bosnian 300MW power project

European energy company Energy Financing Team (EFT) is looking for a strategic partner for the €560 million Stanari power plant and coal mine near the northern town...

24 May 2017

Vattenfall to construct battery storage at Welsh wind farm

The Swedish energy company will deploy a 22MW rapid-reaction grid reliability service at the 228MW Pen y Cymoedd onshore wind farm in South Wales. This will be the...

24 May 2017

GAIL to invest $154m for a year-round LNG facility at Dabhol

The Indian state-owned gas processing and distribution company is to award a project to construct an offshore breakwater for the Maharashtra terminal. Almost five months...

24 May 2017

Marafiq to develop 300MW power project at Duqm

The joint venture between the Singapore-based Sembcorp and Oman Oil subsiduary Takamul Investment Company will establish the power project in the special economic zone at...

24 May 2017

UBS infra fund acquires full equity in Camino toll road

UBS International Infrastructure Fund II has acquired 100% equity in the 72.4km Pamplo-Logrono Autovia del Camino shadow toll road concession in Northern Spain. The...

24 May 2017
in
MFI/DFI

East Africa attracts $3.4bn project funding as it exploits oil, gas

The discovery of oil, gas and mineral deposits in East Africa has paved the way for infrastructure projects that have attracted at least $3.4 billion from international...

24 May 2017
in
MFI/DFI

IFC to invest $40m in Tata Cleantech bonds

The International Finance Corporation (IFC) is set to provide up to $40 million in senior debt to Tata Cleantech Capital. IFC will subscribe to a senior debt instrument,...

23 May 2017

Opportunity of the day: VPower prepares financing structure for Amazon thermopower projects with Israel's Telemenia

VPower Group International Holdings Limited is preparing to open talks to structure financing for three thermal power projects intended to service remote communities in...

23 May 2017
in
ECA

Kia raising manufacturing project loan

Bank responses were due last week on a request for proposals by Kia Motors for funding to back construction of a new $1.1 billion production plant in Andhra...

23 May 2017

India proposes increased tax on solar cells

The government has decided to change the goods and services tax rate to 18% for solar cells. Coal is kept in the 5% tax band.

23 May 2017

PNOC and Osaka Gas discuss integrated LNG project

The state-owned Philippine National Oil Co. and Osaka Gas of Japan are holding talks about a proposed 200-megawatt LNG power plant and terminal.

23 May 2017

Lakdhanavi wins 114MW oil-fired power project

Bangladesh Power Development Board (BPDB) has awarded the $100 million heavy fuel oil project to the Sri Lankan company on a 15-year build own operate basis.

23 May 2017

Jordan Round 3 renewables tender pulls strong response

The response to Jordan’s Round 3 renewables tender, launched in December 2016, has been very strong, with over 20 bidding groups submitting offers. The tender...

23 May 2017

Oman plans for the future when PPAs expire

The Oman Power and Water Procurement Co (OPWP) expects independent power producers nearing the end of their PPAs to compete for the renewal of contracts. The Manah...

23 May 2017

Grid impact studies for three power projects in the Philippines

The applications of three power firms for assessment of the impact on the national grid for their planned power projects have been approved. The coal-fired power...

23 May 2017

Ma'aden signs MoUs with Alcoa and Mosaic

Saudi Arabian mineral developer Ma'aden is assessing the feasibility of an aluminium smelting expansion with Alcoa and further collaborations in the phosphate...

23 May 2017

Iran to tender mini LNG plants

The National Iranian Gas Company (NIGC) is looking to an initial small-scale LNG project with a view to extending the process across the country. German industrial gas...

23 May 2017
in
ECA

Comvex secures €33m loan for Constanta Port development

Raiffeisen Bank and EximBank Romania have each signed a €16.8 million loan agreement for the Cereal terminal project. The ten-year investment loan also comes with a...

23 May 2017

Noatum Ports set for expansion

Noatum Container Terminal Valencia (NCTV), a subsidiary of Noatum Ports, has closed a €275.5 million ($310.2 million) facility to refinance existing debt and fund a...

23 May 2017

Shell and Engie walk away from Kakinada LNG project

The two companies have been unable to make an investment decision without minimum sale guarantees for the FSRU import project in the Bay of Bengal. JV partner state-owned...