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10 September 2020

Tabreed closes $692m loan syndication

UAE-based National Central Cooling Company (Tabreed) has closed a $692 million syndicated loan term-loan facility. The five-year facility was structured as a...

10 September 2020
in
Oil & gas

Enterprise Products Partners cancels Permian to USGC crude pipeline

US-based Enterprise Products Partners is to cancel its 450,000 b/d Midland-to-ECHO 4 pipeline project. The company will offer customers who had reserved space on the line...

10 September 2020
in
MFI/DFI, Oil & gas, Power

DFC approves $3.6bn in new investments during record quarter

The US International Development Finance Corporation has approved investments this quarter totaling more than $2.5 billion across nine projects that will advance...

10 September 2020
in
MFI/DFI, Market moves

AfDB hires Higenyi as syndications director

African Development Bank (AfDB) has appointed Samuel Mugoya Higenyi as director of Syndication and Client Solutions. He brings over 30 years of pan-African commercial...

10 September 2020
in
MFI/DFI, Social infrastructure

World Bank cancels $244m loan for Lebanon's Bisri Dam project

The World Bank has cancelled $244 million in undisbursed funds for a water supply project in Lebanon. The bank said it had informed the country's government of its...

09 September 2020
in
MFI/DFI, Social infrastructure

ADB appointed FA on Indonesian waste project

The Asian Development Bank (ADB) has been selected as the financial adviser on an estimated  $120 million South Tangerang waste management plant in Indonesia,...

09 September 2020
in
Oil & gas

Giant Tuna-1 discovery could save Turkey $21bn

Turkey could potentially save up to $21 billion in import costs if it develops the giant Tuna-1 (Danube-1) gas discovery, Rystad Energy estimates.Rystad said this would...

09 September 2020
in
Social infrastructure, Transport

Panama Canal issues RfQ for water management solutions

The Panama Canal has issued a Request for Qualifications (RFQ) for companies interested in the engineering, design and construction of a new water management system to...

09 September 2020
in
Renewables

Portugal lists solar auction winners

The Portuguese government has published the list of winning bidders in its August solar auction. Twelve lots were available and 670MW of capacity was awarded. Hanwha Q...

09 September 2020
in
Renewables

Enefit Green buys Finnish wind development project

Eesti Energia's renewable energy subsidiary Enefit Green has acquired the ready-to-build Tolpanvaara wind farm from Finnish state forest manager Metsahallitus. Its...

09 September 2020
in
Renewables

Eletrobras wind asset sale to Omega is approved

Brazilian anti trust authority Administrative Council for Economic Defense (CADE) has approved the acquisition of Eletrobras wind assets in Rio Grande do Sul by Omega...

09 September 2020
in
Renewables

Equinor, JERA and J-Power plan Japanese offshore wind projects

Electric Power Development Co (J-Power), JERA and Equinor have formed a consortium to develop a bid for wind power projects off the coast of the Akita Prefecture, in the...

09 September 2020
in
Renewables

FRV reaches financial close on San Servan solar

Fotowatio Renewable Ventures (FRV) has closed on a non-recourse project financing for its 138MW San Servan solar project in Solana de los Barros in the Extremadura region...

09 September 2020
in
Transport

Teams shortlisted for Western Sydney Airport terminal

Three teams have been shortlisted to build Western Sydney International (Nancy-Bird Walton) Airport’s integrated international and domestic passenger terminal. The...

09 September 2020
in
Renewables

KfW IPEX finances Community Windpower’s Aikengall portfolio

Community Wind Power (CWP) has raised a £144 million portfolio debt financing from KfW IPEX for its three Aikengall wind projects in Scotland. The deal will...

09 September 2020
in
Market moves

Nishimura & Asahi hires Adrian Joyce as foreign asset, project finance head

Nishimura & Asahi, Japan’s largest law firm, has named Adrian Joyce as its foreign law head of project and asset finance. He joins from Norton Rose Fulbright in...

09 September 2020
in
Renewables

Boralex signs PPA with Auchan Retail

Boralex has signed a 3-year PPA with Auchan Retail France for output from the Chepy and Nibas wind farms in the Hauts-de-France region, starting from January 1, 2021. The...

09 September 2020
in
Renewables

New Energy Solar announces strategic review of assets

New Energy Solar (NEW) has appointed RBC Capital Markets and Ashurst to advise on a strategic review of its portfolio of assets. The process will consider all...

09 September 2020
in
Market moves, Transport

Belen Marcos named chair of VINCI Highways

Belen Marcos has been appointed Chair of VINCI Highways and Executive Vice President of VINCI Concessions. She will also join the VINCI Concessions Management Committee....

09 September 2020
in
Renewables

EQTEC to co-develop WtE facility on Merseyside

EQTEC has signed an agreement with Rotunda Group Ltd and its Shankley Biogas subsidiary to co-develop a waste-to-energy facility on the Watts Industrial Estate in...