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04 April 2019
in
Power, Renewables

Prestige finances £23m AD power plant in Kent

Private UK finance firm Prestige Funds, through its Privilege Development Finance Limited, has agreed a £23.2 million funding deal for the 20-month construction of...

04 April 2019
in
Renewables

SeaTwirl agrees development of wind turbine pilot with investors

SeaTwirl has signed a Letter of Intent with Colruyt Group and NorSea Group to collaborate in financing, developing and installing its S2-1MW floating wind turbine. The...

04 April 2019
in
Power, Renewables

Four energy demonstrator projects receive UK funding

The UK Research and Innovation has selected four energy demonstrator projects to receive funding from the £102.5 million Prospering from the Energy Revolution...

04 April 2019
in
Power

World Bank and AFD finance electrification projects in Guinea

The World Bank and the French Development Agency (AFD) have lent $106 million to Guinea to finance the rehabilitation and extension of the electricity transmission...

04 April 2019
in
Power

Castleton out for power plant refi

Castleton Commodities International is out to banks to refinance some of its stake in two merchant power plants in the Netherlands – the 426MW MaasStroom CCGT plant...

04 April 2019

Belt and Road without China? It’s possible

Italy’s new role in the Belt and Road Initiative has alarmed G-7 allies fearful of China’s expanding reach. Give it time: This project is going to look a lot...

04 April 2019
in
Renewables

342MW Phoenix wind project launched in Spain

Engie,  Mirova and Forestalia have launched the 342MW Phoenix project to develop 10 wind farms in the Spanish region of Aragon. The project is supported by a...

04 April 2019
in
Renewables

Tages Helios fund finances 48MW Enersol project

Tages Capital's  Helios fund has increased the financing package originally issued at the end of June 2018 to its Holdco Ortigia Power 3 subsidiary and secured...

04 April 2019
in
Renewables

SPIC names suppliers for 6GW Ulanqab wind project

The Chinese state-owned energy firm State Power Investment Corporation (SPIC) has awarded the supply of equipment for all 6GW of capacity at its RMB46.54 billion...

04 April 2019
in
Renewables

DIF sells 107MW solar portfolio to Terres d'Energie

Fund manager DIF has sold stakes in 29 solar assets with a combined capacity 107.8MW, owned by its third and fourth infrastructure funds,  to French renewable energy...

04 April 2019
in
Oil & gas

Total makes $500m equity investment in Driftwood LNG

Total has signed a series agreements with Tellurian for the development of the Driftwood LNG project in Louisiana. Total will make a $500 million equity investment in...

04 April 2019
in
Transport

AIIB approves first project in Lao PDR with $40m road loan

The Asian Infrastructure Investment Bank has approved a loan of $40 million to improve a section of National Road 13 in the Lao PDR. This is AIIB's first approved...

04 April 2019
in
Transport

PSP and NIIF set up $2bn Indian road infrastucture platform

Public Sector Pension Investment Board (PSP Investments) subsidiary ROADIS and India's National Investment and Infrastructure Fund (NIIF) have formed a $2 billion...

03 April 2019
in
Oil & gas, Power, Renewables, Transport

ANZ promotes Halkas

ANZ has promoted Nick Halkas to international head of Infrastructure, Export and Sustainable Finance. Singapore-based Halkas started in the new role in January. He has...

03 April 2019
in
Waste and water

Assured Guaranty wraps Welsh Water

Assured Guaranty has provided a £135 million debt service reserve (DSR) five-year guarantee to Dwr Cymru and Dwr Cymru Cyfyngedig, both part of Welsh Water. The...

03 April 2019
in
Oil & gas, Power

GNA I LNG-to-power project gets ECA/DFI backing

UTE GNA I Geracao de Energia – a special purpose vehicle owned by Gas Natural Acu (which is in turned owned by Prumo Logistica and BP) and Siemens on a 70/30...

03 April 2019
in
Renewables

Nigerian solar: The path to bankability

There have been notable recent developments in the Nigerian regulatory and legal framework aimed at promoting investment in solar independent power projects (IPPs). But...

03 April 2019
in
Oil & gas

RAPID project FC due end of April

Sponsors of the $15.3 billion Pengerang refining and petrochemical integrated development (RAPID) project in Malaysia – Petronas (50%) and Saudi Aramco (50%)...

03 April 2019
in
Telecoms and Communications

CDPQ to buy 30% stake in Vertical Bridge

Caisse de depot et placement du Quebec (CDPQ) has reached an agreement to buy a 30% stake in US communications infrastructure owner and operator Vertical Bridge Holdings...

03 April 2019
in
Renewables

Recurrent Energy secures $50m letter of credit facility

Canadian Solar subsidiary Recurrent Energy has secured a $50 million letter of credit facility from multinational financial services firm, Natixis. The facility...