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17 May 2017

Two left in A10/A24 A-model tender

Two bidding groups have been shortlisted for the €400 million A10/A24 Neuruppin-Pankow A-Model motorway PPP in Brandenburg. The 30-year availability-based...

17 May 2017

CRE pre-selects 10 for Dunkirk offshore wind tender

The selected bidders met all the technical and financial criteria to start the selection phase for the 750MW offshore wind concession. The next phase...

17 May 2017
in
Power

ACWA Power to test bank appetite for Luxor CCGT plant by year end

ACWA Power will start testing bank appetite at the end of the year to finance the construction of the 2.25GW $2.2 billion Luxor combined-cycle gas turbine (CCGT) power...

17 May 2017
in
ECA

Altech Chemicals appoints EPC for Malaysia alumina project

Altech Chemicals has appointed Germany's SMS group as EPC contractor for its proposed Malaysian high purity alumina (HPA) plant. The appointment lends support to the...

17 May 2017
in
ECA

IDB, IIC, AIIB boost infrastructure financing ties

The Asian Infrastructure Investment Bank (AIIB), Inter-American Development Bank (IDB), and Inter-American Investment Corporation, have agreed to boost ties in areas...

17 May 2017

W Resources seeking debt for Spanish mining project

Tungsten miner W Resources has started negotiations with multiple debt financiers to raise $24 million for the expansion of its La Parrilla tin and tungsten mine in the...

17 May 2017

TAV out to banks for Saudi airport loans

TAV is in talks with banks to raise a $250 million loan for developing airports in Yanbu, Qassim, Saudi Arabia.

17 May 2017
in
MFI/DFI

EIB funds bus rapid transit project in Nicaragua

The European Investment Bank (EIB) is providing a $136 milliion loan to finance construction of a new Bus Rapid Transit (BRT) line in Managua, Nicaragua. The sovereign...

16 May 2017

Opportunity of the day: SepcoIII seeks financing for SWCC's $1.37bn phase-III Yanbu IPP

SepcoIII Electric Power Construction Corporation has begun to seek project finance for the construction of phase III of the Yanbu water and power project, which will cost...

16 May 2017
in
MFI/DFI

DFI loan to Kenya nears syndication

Syndication of a $500 million DFI-backed sovereign loan to Kenya to fund infrastructure projects is expected to launch in August. The deal comprises a $200 million...

16 May 2017
in
ECA, MFI/DFI

New equity for Gaziantep PPP as full financial close nears

InfraPartners Management (IPM) and its local Turkish partner Actus Asset Management have reached close on a private equity fund on behalf of KDB Infrastructure...

16 May 2017
in
MFI/DFI

Acwa Power closes Noor PV1

Acwa Power reached financial close on a $64 million KfW facility for its 170MW $225 million Noor PV1 project in Morocco on 8 May. Noor PV1 comprises three photovoltaic...

16 May 2017

Coral South FLNG jumps last legal hurdle to FID

Mozambique's Council of Ministers has approved the financing structure for the $4.6 billion Coral South FLNG project in the Rovuma Basin. A final investment...

16 May 2017

Sweihan PV signing due

Financing for the 1177MW Sweihan solar PV project in Abu Dhabi is due to be officially signed tomorrow. Sponsored by Marubeni (20%), JinkoSolar (20%) and ADWEA (60%),...

16 May 2017

Japanese banks invited on board Philippines hybrid PPP programme

The Philippines Department of Finance is looking at accelerating the funding for rolling out the massive infrastructure programme. The govenment intends to initiate...

16 May 2017

Qatar and Sweden join for green desalination project

Swedish companies Monsson Energy and Sweco will team with Kahramaa and Qatar Electricity and Water Company on a proposed eco-friendly water desalination project in the...

16 May 2017

Another Indian record low solar tariff set at Bhadla III auction

The 500MW Bhadla Phase-III Solar Park auction saw both winning bids beat the previous record low price set only last week at Bhadla's Phase IV auctions. Acme Solar...

16 May 2017

Regulator awards compensation for coal import levy to Adani for Mundra power plant

The Central Electricity Regulatory Authority (CERC) will fully compensate Adani Power for the rise in generation costs as a consequence of government levies on coal...

16 May 2017
in
MFI/DFI

Nepal seeks consultants for transmission and solar project

The Nepal Electricity Authority (NEA) is looking to implement a $130 million initiative to set up 25MW of solar power and reduce power distribution losses to the grid....

16 May 2017
in
MFI/DFI

Standard Bank finalises $120m funding for ZPC

Standard Bank has partnered with Southern African Trade and Development Bank to supply the Zimbabwe Power Company (ZPC) with funds to boost capacity at the Kariba South...