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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...

23 May 2017

Beijing link to £10bn Moorside nuclear project

Talks between representatives from the Chinese State Nuclear Power Technology Corporation (SNPTC), project developer NuGen and the trade body Nuclear Industry Association...

23 May 2017

Tanzania struggles to finance standard gauge railway

Tanzania is struggling to find financiers for its proposed $1.2 billion standard gauge railway. South Africa has been asked to help Tanzania secure low-interest loans...

22 May 2017

Opportunity of the day: FM Rodrigues open to talks with banks and suppliers for financing transmission projects

FM Rodrigues & Cia Ltda is open to talks with banks and suppliers regarding the financing of a $21 million transmission line project that it won in an April auction,...

22 May 2017

Galician road PPP refinanced

Sponsors of the €745 million ($837 million) 25-year availability-based Costa da Morte road concession – Copasa, CRC, Covsa and Taboada y Ramos - have...

22 May 2017

Uganda and Tanzania ink EACOP pipeline agreement

The leaders of the two countries have signed an expression of intent for the 1,400km East African Crude Oil Pipeline (EACOP) that will transport oil from the Hoima...

22 May 2017

ExxonMobil and SABIC sign agreement on Gulf Coast petrochemical complex

ExxonMobil and Saudi Basic Industries Corporation (SABIC) are to carry out a detailed study of the Texan joint venture. The agreement initiates the planning process for...

22 May 2017

PGE buys EDF Polish generation business

Polska Grupa Energetyczna (PGE) has acquired the Polish electricity generation assets of the French state-owned power company EDF in a deal worth €1.46...

22 May 2017

ACWA eyes 2018 IPO

The Saudi Arabian-headquartered power and water project developer ACWA Power is set to conduct an initial public offering in late 2018 with a Saudi bourse and major...

22 May 2017

Tadmax needs new partner for RM3.5bn Malay CCGT project

The Energy Commission has recommended to the government that the inexperienced Tadmax should team up with a substantial partner to replace Tenaga Nasional Bhd (TNB)...

22 May 2017

Egyptian price drop for Siemens wind project?

Despite the Ministry of Electricity promised contract for the 2GW Siemens wind project, the Egyptian Electricity Transmission Company (EETC) is seeking a lower tariff...

22 May 2017

Hong Kong considers floating solar for reservoirs

Black & Veatch is to carry out a feasibility study into the power generation projects that are also aimed at reducing water loss and suppressing algae at 17 locations...

22 May 2017

SNOC and SEWA sign LNG agreement for power generation

The agreement between the Sharjah National Oil Corporation (SNOC) and Sharjah Electricity and Water Authority (SEWA) covers gas imports for distribution to three SEWA...

22 May 2017

BPA cancels $700m Oregon-Washington transmission project

The federal power manager Bonneville Power Administration (BPA) has dropped plans for the 80-mile transmission line after the estimated costs doubled from when the...

22 May 2017

Germany endorses 807MW of onshore wind projects

State energy regulator Bundesnetzagentur has selected 70 projects from 256 bidders in the first auction under the new feed-in tarif law for renewable energy....

22 May 2017

Eurotunnel refinancing priced

Eurotunnel’s Channel Link Enterprises Finance (CLEF) tranche C refinancing has priced. Goldman Sachs and Deutsche Bank, arrangers of the original...

22 May 2017

SEC's first power company to be privatised in 2018

The first of four power generation companies owned by state-utility Saudi Electricity Co (SEC) will be privatised in 2018. SEC's total 55GW capacity is being...

19 May 2017

Opportunity of the day: Malaysia's ECRL procurement kicks off with largest foreign order for Chinese railway maintenance equipment

Gemac Engineering Machinery Co Ltd has been awarded a contract to provide the first of four batches of railway maintenance equipment for the 600km East Coast Rail Line...

19 May 2017

Vistra Energy buys 180MW Upton County Solar 2 project

Vistra's independent power producer subsidiary Luminant will own the project located in West Texas.  An EPC contract has been signed and the output will be...