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14 March 2017

Edify and Wirsol team up for 165MW solar projects

Edify Energy and German developer Wirsol have secured the financing for three Australian solar projects located at Whitsunday, Hamilton and Gannawarra.  The A$230...

14 March 2017

Opportunity of the day: Shree Ganesh Group looking to raise $42m for phase I of chlor alkali facility near Ambala

Shree Ganesh Group's subsidiary Shree Ganesh Fats Pvt is planning to set up a 600 tonnes per day chlor alkali plant near Landha village in Ambala, Haryana, India. The...

14 March 2017

El Hamdania port project secures $900 million AfDB funds

The $3.3 billion project for a deep-water port in Algeria is being developed by China Harbour Engineering and China State Construction Engineering. The 20-year...

14 March 2017

Lamu Port Project prepares for investment.

A scheme to develop the Kenyan port of Lamu has received a grant from NEPAD-IPPF to prepare the project for launch as a PPP. The first phase involves constructing 3...

14 March 2017

Kyrgyzstan signs for $138 million Kambarata hydro project

The government has signed a $110 million 20-year investment credit agreement with the Eurasian Development Bank to finance the commissioning of the 120MW Unit 2 at the...

14 March 2017

HSF advises Vitol on Ghana oil and gas project

Herbert Smith Freehills (HSF) has advised Geneva-headquartered commodity group Vitol on the up-to-$1.65 billion financing of its interest in the $7 billion OCTP oil and...

14 March 2017

Europeans compete for US offshore wind sites

German developer PNE Wind and Norwegian Statoil are seperately interested in offshore wind energy leases for two areas south of Martha's Vineyard.  The...

14 March 2017

Vietnam eyes £3.3 billion investment in solar PV projects

A 2GW facility being proposed for Dak Lak province by local developer Xuan Thien Daklak has received a government licence.   A Memorandum of Understanding  was...

14 March 2017

YTL secures funding for 554MW Attarat Power Plant

The Bank of China and the Industrial and Commercial Bank of China have arranged an estimated $1.5 billion for the oil shale-fuelled, mine-mouth power plant in Jordan....

14 March 2017

Kexim, K-sure to finance gas unit project in Iran

The Export-Import Bank of Korea (Kexim) and Korea Trade Insurance Corporation (K-sure) are set to help finance Hyundai's construction of a gas processing unit in...

14 March 2017

Financial close for 80MW Rwanda power project

The Africa Finance Corporation has arranged the $350 million financing of a peat to power project in the Gisagara District. Finnfund organised the $35 million mezzanine...

13 March 2017

Opportunity of the day: BPCL seeks funding for $1bn Bina refinery expansion

Bharat Petroleum Corporation Limited (BPCL) plans to set up a petrochemicals facility at its Bina refinery in Madhya Pradesh, India. The proposed project is part of...

13 March 2017

CDC, IFC boost Kenyan economy though warehouse investment

CDC Group, the UK's development finance institution, and the International Finance Corporation (IFC), will invest up to $35 million in Africa Logistics Properties...

13 March 2017

NEXI backs loan for 500MW power plant in Indonesia

Nippon Export and Investment Insurance (NEXI) is insuring a bank loan for construction of a 500MW capacity combined cycle power plant in Muara Karang, Indonesia.

13 March 2017

Greencoat Renewables buys 137MW wind capacity in Ireland

Renewables - an Irish subsidiary of Greencoat Capital - has agreed to buy the Knockacummer and Killhills wind farms in Ireland from Brookfield Renewable Ireland.

10 March 2017

Opportunity of the day: Engie and EDF preparing bid for Al Jouf project as banks line up financing for solar-wind projects

The EDF Group and Engie SA are expected to form part of a consortium that will submit a bid for the 300MW Al Jouf solar PV energy project in Saudi Arabia.

10 March 2017
in
Power

Certainty of convertibility: Vietnam IPP forex fixed

With two ECA-backed deals nearing financial close, and currency convertibility issues resolved, Vietnam looks set to finally begin delivering on its pipeline of IPP...

10 March 2017

Infinity 50 closes on 64MW solar PV project

The project is part of the Benban solar complex being developed in Aswan, Egypt.  Project financing is provided by Bayerische Landesbank and  Arab African...

10 March 2017

Exxon buys $2.8 billion stake in Mozambique LNG

Eni reduces its holding in the LNG facility by 25 percent.

10 March 2017

Orthio finds funding for £1 billion Holyhead combined-heat and power project

New finance is in place for a Welsh 299MW biomass facility after the withdrawal of the previous chinese backer.