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28 November 2019
in
Renewables

EWEC expected to open bids for Al Dhafra IPP

The Emirates Water and Electricity Company (EWEC) is expected to open the bids for the 2GW Al Dhafra solar independent power producer (IPP) project in mid-December. Bids...

28 November 2019
in
Transport

ADIF names preferred bidders for Spanish rail concessions

Spanish high speed rail manager ADIF AV has selected preferred bidders in its exercise to allocate three new bundles of passenger routes on the Spanish national network....

28 November 2019
in
Mining

Lusorecursos in talks to fund €400m lithium project

Portuguese mining company Lusorecursos is negotiating a €400 million ($440 million) funding deal with several international players as it gears up to explore for...

28 November 2019
in
Infra funds, Telecoms & communications

DIF and Cinia team up for Finnish FTTH roll out

DIF Capital Partners (DIF), through its Core Infrastructure Fund I (DIF CIF) has entered into a joint venture with local company Cinia Oy to build...

28 November 2019
in
MFI/DFI, Transport

World Bank helps finance Timor-Leste road project

The World Bank has approved a $59 million credit to begin rehabilitating the 44.3km road corridor from Gleno to Hatubuilico, in Timor-Leste.The Timor-Leste Branch Roads...

28 November 2019
in
MFI/DFI, Telecoms & communications

EIB loan will finance GO's telecommunication infrastructure project in Malta

The European Investment Bank and Malta's GO p.l.c. (GO) have signed a €28 million loan to finance the company's investments in telecommunication...

28 November 2019
in
MFI/DFI, Social infrastructure

EBRD loan to upgrade water and wastewater services in Romania

The European Bank for Reconstruction and Development has approved a €25 million loan for a project to improve water and wastewater services and the reduction of...

28 November 2019
in
Mining

UCIL to develop India’s largest uranium deposit

India’s State-run Uranium Corporation India Limited (UCIL) will develop the country’s largest uranium deposit, entailing an investment of about $845 million...

28 November 2019
in
MFI/DFI, Transport

ADB approves $33m loan to design project for Dhaka MRT Line 5

The Asian Development Bank has approved a concessional loan of $33.26 million for a project to design the Dhaka Mass Rapid Transit (MRT) line 5 (Southern Route) that will...

27 November 2019
in
Power

ContourGlobal closes on Alpek CHP acquisition

ContourGlobal has completed its purchase of Alpek’s gas-fired combined heat and power assets for $724 million plus a $77 million VAT payment. The portfolio consists...

27 November 2019
in
Petrochemicals

Braskem Idesa debuts with project debt bond refinancing

Braskem Idesa has launched a debut US dollar 10-year non-call five bond deal for around $900 million to refinance project finance debt backing the Etileno XXI...

27 November 2019
in
MFI/DFI, Power

Gulf Pluak Daeng CCGT plant closes financing

Gulf Energy (70%) and Mitsui & Co (30%) have reached financial close on a ECA/DFI-backed loan to finance the THB50 billion ($1.655 billion) 2,650MW Gulf Pluak Daeng...

27 November 2019
in
MFI/DFI, Power

Tlou Energy progressing Lesedi CBM financing

Tlou Energy is progressing negotiations with Botswana Development Corporation (BDC) to finance its Lesedi coal-bed methane (CBM) project in Botswana. Tlou is looking for...

27 November 2019
in
Renewables

Duke issues green bond to fund renewables projects

Duke Energy Florida has issued a $700 million green bond to finance renewable energy projects. The deal is the third green bond issued by a Duke Energy utility in the...

27 November 2019
in
MFI/DFI

IsDB ups support for Turkey

The Islamic Development Bank (IsDB) and various Turkish stakeholders have signed cooperation agreements backing both exporters and the transport sector. The IsDB will...

27 November 2019
in
Social infrastructure

Hyflux and Utico agree rescue plan

Singaporean water developer Hyflux has finally signed a SGD400 million ($294 million) rescue plan with Utico, three days before Hyflux is scheduled to give the Singapore...

27 November 2019
in
Renewables

Fujairah 3 bids in amid non-compliant rumours

Nearly half of the bids for the combined-cycle gas turbine (CCGT) Furjairah 3 plant in the UAE are non-compliant, according to sources. The top three prospective bidders...

27 November 2019
in
Social infrastructure

John Holland wants A$300m for Perth Children's Hospital delays

Construction company John Holland is resorting to legal action to recoup outstanding payments from the WA Government following delays to the completion of the  A$1.2...

27 November 2019
in
MFI/DFI, Regulation, Power

EBRD debars GE Power Sweden for six years

The EBRD has imposed a six-year term of debarment on GE Power Sweden following an investigation in cooperation with the UK’s Serious Fraud Office (SFO). The...

27 November 2019
in
PPP/P3, Transport

Hermes to buy majority stake in Spanish toll road portfolio

Hermes Infrastructure is to buy a 74% interest in a €950 million Spanish toll road concession portfolio from ACS Group. ACS subsidiary Iridium Concesiones...