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12 May 2017

Scottish grant for SHARC projects to recover heat from wastewater

The Scottish government through the Low Carbon Infrastructure Transition Programme (LCITP) has awarded a grant to SHARC Energy Systems to carry out the £3.8 million...

12 May 2017

Maryland credits offshore wind

The Maryland Public Service Commission has awarded renewable energy credits to Deepwater Wind's 120MW Skipjack development off the coast of Delaware and US Wind's...

12 May 2017
in
ECA

IFC, JICA agree $1.5bn emerging markets infra-projects deal

The International Finance Corporation (IFC) and the Japan International Cooperation Agency (JICA) are to co-finance up to $1.5 billion in private sector projects over the...

12 May 2017

Port Trust cancels SEW Vizag Coal Terminal contract

The $48 million 30-year concession to construct a coal terminal in the Inner Harbour at Visakhapatnam Port has been cancelled following a 'failure to complete...

12 May 2017

OMV can provide extra funds for Nord Stream-2 pipeline

The CEO of Austrian oil and gas company OMV has said that extra funds can be provided to the €9.5 billion pipeline project if needed. Five European companies will...

12 May 2017

Neptune agrees $3.9bn purchase of Engie oil and gas business

London-based Neptune Oil and Gas, backed by private equity funds The Carlyle Group and CVC Capital Partners, has made a firm and binding offer for a majority stake in the...

12 May 2017
in
MFI/DFI

Nine prequalify for Norman Manley airport PPP concession

Nine bidding groups have applied for prequalification for the Norman Manley International Airport (NMIA) public-private partnership concession. The Jamaican government,...

12 May 2017

More delays for Adani coalmine in Australia

The Australian government failed to pass crucial reforms of native title laws in the Senate meaning certain delays for the Indian conglomerate. Without the necessary...

12 May 2017

TerraForm completes sale of 365MW UK solar portfolio

US clean power generator TerraForm Power has sold 24 operational solar projects in the UK for $211 million to the private equity arm of investment bank EFG Hermes leaving...

12 May 2017
in
MFI/DFI

Alfanar inks PPA for 50MW PV power project at Benban complex

Saudi Arabian developer Alfanar Energy has signed the PPA with the Egyptian Electricity Transmission Company (EETC) under the feed-in-tariffs programme. Alfanar secured...

12 May 2017

Bulgaria seeks to revive Belene nuclear project

The Bulgarian prime minister is looking for a strategic private investor to develop the €10 billion project on the Danube river. A previous incarnation of the...

12 May 2017

Gulf and Mitsui testing bank appetite for Thai IPPs

Co-sponsors Gulf Energy Development Co (GED) and Mitsui have been sounding out banks for financing for their 2x2500MW independent power projects in Thailand - Gulf SRC Co...

12 May 2017

Posco Energy secures $2.5bn Vietnamese coal-fired power project

South Korean energy producer Posco Energy has received the licence to build and operate a 1.2GW power facility at an industrial complex 270km south of Hanoi. The 25-year...

12 May 2017
in
ECA

EXIAR, NEXI agree to back car manufacturer exports

Japan's Nippon Export and Investment Insurance (NEXI) and the Russian Agency for Export Credit and Investment Insurance (EXIAR) have signed an agreement for joint...

11 May 2017

Opportunity of the day: AES negotiating two new USD-based PPAs in Mexico

AES Corporation is in exclusive discussions with private off-takers to sign 25-year, USD-denominated power purchase agreements (PPAs) for a 306MW wind project and 60MW...

11 May 2017
in
MFI/DFI

Afreximbank extends syndication deadline

Afreximbank has extended the syndication deadline on its latest debt financing to enable more banks to join the deal. The fundraising has already generated $1...

11 May 2017

Pilbara secures approval for $230m Pilgangoora lithium mine

Western Australia has issued the final environmental approval for the Pilbara Minerals project located south of Port Hedland. Full offtake agreements have been arranged...

11 May 2017

Steinmuller Babcock awarded San Sebastian waste-to-energy project

The German thermal waste treatment company has won the contract to build a plant for the mechanical biological treatment and incineration of municipal waste in the...

11 May 2017

Ncondezi seeks loan repayment extension for Mozambique power project

The AIM-listed energy developer of an integrated coal-fired 300MW power project is asking loan holders for extra time on a loan repayment. The company is in discussions...

11 May 2017

Parkmead acquires full ownership of Farne Extension prospect

The independent oil and gas group has signed a sale and purchase agreement with Verus Petroleum to acquire Licence P.2209 which comprises of two adjacent blocks...