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13 May 2024
in
Transport

Financial close for Belgian road PPP

The Flemish government’s De Werkvennootschap has signed the contract for the conversion of the R4 East and West in the north of Ghent.The DBFM contract was signed...

13 May 2024
in
Renewables

Energie AG acquires stake in Slovenian developer

Energie AG Oberosterreich has entered the Solvenian market with the acquisition of a 29.4% stake in wind and solar developer AAE Gamit.The firm is developing eight...

13 May 2024
in
Oil & gas

Banks pump $6.9trn into fossil fuels since Paris Agreement

The 60 largest private banks spent $6.9 trillion financing fossil fuels since the 2016 Paris Agreement, according to new research - with even smaller lenders stepping...

13 May 2024
in
Telecoms and Communications

QMC Telecom secures $115m funding

QMC Telecom International has closed two credit facilities totaling $115 million to support the company's 5G network infrastructure investments in Latin America.The...

13 May 2024
in
Metals and Mining

KEFI nears construction start at Tulu Kapi

KEFI Gold and Copper is progressing the approval process for the finance syndicate in relation to the Tulu Kapi gold project in Ethiopia and is expected to receive final...

13 May 2024
in
Transport

Sumitomo Corporation, Hankyu, and JICA collaborate on Manila LRT-1

Sumitomo Corporation and Hankyu Corporation, in partnership with JICA, have agreed to operate and maintain the Manila Light Rail Transit System Line 1 (LRT-1). As part of...

13 May 2024
in
Power

Pricing emerges on Unique Meghnaghat $436m CCGT project financing

More details have emerged on the $463 million project financing backing Unique Meghnaghat Power’s 584MW combined cycle gas-fired power plant in Bangladesh. Final...

13 May 2024
in
Renewables

EBRD, WBIF finance floating PV plant in Albania

Albania has received funding for the development of a 12.9MW floating solar PV power plant at the reservoir of Vau i Dejes HPP.Financing is led by the EBRD through...

13 May 2024
in
Other

NIB renews Municipal Guarantee Board’s revolving credit agreement

NIB and the Municipal Guarantee Board have agreed to extend their €200 million ($215 million) revolving credit agreement for five years. The credit strengthens the...

10 May 2024

Calpine owners consider exit options

The investment firms that took US power plant operator Calpine Corp private six years ago are in early-stage talks with investment banks to explore their exit...

10 May 2024
in
Renewables

Solarpack signs agreements for two new projects in Indiana

Meta has signed two long-term Environmental Attribute Purchase Agreements (EAPAs) for output from two Solarpack solar projects in Indiana totaling 210 MW.The transaction...

10 May 2024
in
Power

Ontario completes 2.2GW capacity procurement

Ontario’s Independent Electricity System Operator (IESO) has announced its latest round of procurement securing a total of 2,195MW of capacity.This includes 1,784MW...

10 May 2024
in
Transport

New port terminal planned for Delaware

The State of Delaware will join the Port of Wilmington operator Enstructure to build a new port terminal at a site in Edgemoor, Delaware. The Edgemoor industrial...

10 May 2024

Sacyr to form standalone P3 company

Sacyr has presented a 2024-2027 Strategic Plan which includes growing its P3 activity to triple its asset valuation by 2033.The company plans to invest €1 billion...

10 May 2024
in
Social infrastructure

Worthing to install £500m heat network

Worthing Borough Council has unveiled a £500 million ($625 million) project bidding to decarbonise heating across the entire West Sussex town by 2050.The town is...

10 May 2024
in
Power

DOE seeks comments on initial transmission corridors proposal

The US Department of Energy (DOE) has released a preliminary list of 10 potential National Interest Electric Transmission Corridors (NIETCs) for public comment.The DOE...

10 May 2024
in
Renewables

Phelan to invest $2.5bn in Peru's first green hydrogen project

Phelan Green Energy will invest $2.5 billion to construct Peru's first green hydrogen plant.The planned facility, on a 4,000-hectare site, will cater to both domestic...

10 May 2024

Chemanol plans new Saudi chemical plant

Methanol Chemicals Company (Chemanol) has signed a plot allocation agreement with Jubail and Yanbu Industrial Cities Services Company (JABEEN) for a chemicals plant.The...

10 May 2024
in
Telecoms and Communications

PLDT considers listing of data centre business

PLDT is considering having its data center business listed on the Philippine Stock Exchange (PSE) through a real estate investment trust (REIT).The company is seeking a...

10 May 2024
in
Power

Stanwell to double size of planned Rockhampton BESS

Stanwell, Queensland’s publicly-owned energy company, is to double the size of the battery planned for Stanwell Power Station near Rockhampton.Stanwell is...