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News
25 April 2017

European companies to fund half of Gazprom's €9.5bn Nord stream 2 pipeline

 The five European partners in the 1,225km pipeline project to pump gas via the Baltic Sea to Germany will each finance 10% of the...

News
25 April 2017

African infrastructure needs bigger financing pool

Expanding the pool of domestic and foreign financing for infrastructure investments in Africa is high on the agenda of African officials as well as the investor...

News
25 April 2017

Exporting dream stalls over $800m Morupule B guarantee

Japanese contractor Marubeni and South Korean Posco Energy have suspended the building of units 5 and 6 in a dispute over at a sovereign guarantee for the power...

News
25 April 2017

Salt River and NextEra ink PPA for Pinal Central solar and battery project

The Arizona state-owned Utility Salt River Project has signed the 20-year agreement for the NextEra Energy Resources project located near Coolidge. Pinal Central Energy...

News
25 April 2017

Acciona secures €100m green loan for Chilean renewable projects

The Spanish developer has secured the funding from Bilbao-headquartered BBVA to progress solar and wind projects in South America. Vigeo Eiris will provide...

News
25 April 2017

AfDB independent review of 125MW Sendou power project

The African Development Bank (AfDB) is to reappraise its involvement in the €206 million coal-fired power plant as two groups of complainants raise issues by...

News
25 April 2017

MDBs to work together to boost private sector infra investment

Leading multilateral development banks (MDBs), including the African Development Bank, Asian Development Bank, and Asian Infrastructure Investment Bank, have agreed to...

News
24 April 2017

Opportunity of the day: Zhejiang Hengyi open to international banks for $3.45bn Brunei refinery project

Zhejiang Hengyi Group is open to international banks for its mega petrochemical refinery project in Brunei after securing some funding from China Development Bank,...

News
24 April 2017

UKEF doubles export-import facility to the Philippines.

The UK government has increased the UK Export Finance capacity to support trade with the Philippines to £4.5 billion. Current levels of trade are roughly...

News
24 April 2017

Belgium threatens to withdraw offshore wind concessions

A government minister has indicated that three in-development projects may have their permissions revoked due to the level of public subsidy.  The North Sea projects...

News
24 April 2017

APICORP estimates MENA power investment requirements

The development bank's report ‘MENA power investment: Finance and reform challenges persist’ outlines the GCC spending requirements to meet medium-term...

News
24 April 2017

Muzaffargarh and Rahim yaar khan coal-fired projects to be dropped from CPEC

It is looking increasingly likely that the two 1320MW power plants will be removed from the China Pakistan Economic Corridor portfolio of projects despite hard lobbying...

News
24 April 2017

Ayala eyes 69MW expansion of Caparispisan wind farm

Ayala subsidiary AC Energy Holding has lodged the application for the expansion project with the Philippines Department of Energy ahead of legislation mandating...

Perspective
24 April 2017

Bermuda Airport: A departure from the project norm

Awarded to Aecon as a PPP concession with the Canadian Commercial Corporation as an intermediary, and financed via the US private placement market, the Bermuda Airport...

News
24 April 2017

Shift in Saudi renewable energy plans

A revised Saudi Arabian renewable energy programme will target 9.5GW of power by 2023 from an investment of $30-50 billion. Projects will be financed mainly from private...

News
24 April 2017

Delays for Thailand's Krabi coal fired plant may prove permanent

The Electricity Generating Authority of Thailand has been ordered to conduct a new environmental health impact assessment, causing a minimum 18-month delay for the...

News
24 April 2017

Apple signs PPA with Avangrid for Oregon renewable power

Apple has revealed that it has signed PPAs with the Portland-based energy service supplier for output from a 56MW Gala Solar power plant in Prineville, Crook County and...

News
24 April 2017

Grid impact studies for 7 Philippine renewable projects

The Department of Energy in the Philippines will undertake the studies for three wind farms, three solar projects and a battery storage facility that will add a combined...

News
24 April 2017

UK offers Manila trade finance funds worth £4.5bn

The UK has offered a £4.5 billion financing package to the Philippines to underwrite its ambitious infrastructure building programme. The UK is looking to boost its...

News
24 April 2017

World Bank to finance Peshawar-Kabul highway

The World Bank has agreed in principle to finance a project to build a highway between Peshawar, Pakistan, and Kabul, Afghanistan. The road would improve regional...