- Korea South East Power Company to build 200 MW hydropower project in Pakistan
- IPPToday #214: Vestas, Vattenfall and PKA to develop 353 MW wind farm in Sweden
- Brazil to auction transmission projects spanning 2,600km
- IPPToday #213: 1,750 MW solar capacity awarded in India
- Albioma refinances solar portfolio for US$130 million
- Statoil becomes Equinor
Korea South East Power Company (KOEN) has signed a Memorandum of Understanding (MoU) with the state government of Khyber Pakhtunkhwa, a province in the north-west of Pakistan, to develop a 197 MW hydropower project in the province.
News and Projects by Country
Click a country on the map to get access to Energy finance & Investment news and PPP projects in the selected country.
Alstom has signed an agreement with General Electric (GE) regarding its intention to exit three joint ventures set up in November 2015 as part of the sale of Alstom's energy business to GE. GE has agreed to buy Alstom's stakes in the joint ventures for EUR2.59 billion (US$3.10 billion).
|Modification date||Transaction||Country||Transaction value (US$MM)|
|May 21, 2018||Sale of Eletropaulo Metropolitana Eletricidade de Sao Paulo (ELPL3)||Brazil|
|May 21, 2018||Innergex and Energia Llaima acquire a Chilean hydro asset||Chile|
|May 21, 2018||Innergex acquires 33.3% interest in Creek Power Inc. from Ledcor Power Group||Canada|
|May 18, 2018||Quadgas Investments acquires 25% stake in Cadent Gas from National Grid||UK (United Kingdom)||1,650.00|
|May 18, 2018||Brookfield acquires 1.5 GW wind projects in Brazil from Renova Energia||Brazil|
People & Companies News
On 15 May 2018, the annual general meeting (AGM) of shareholders in Statoil ASA approved the board of directors’ proposal to change the company name to Equinor ASA. From 16 May 2018 (inclusive), the company’s shares have been trading on Oslo Børs under the new ticker “EQNR”.
|Canada||Vancouver||Audit Senior Manager, Energy and Natural Resources||May 18, 2018|
|USA (United States of America)||New York||Experienced Associate - Global Energy M&A||May 18, 2018|
|Switzerland||Zürich||Internship - Fund Structuring and Compliance Support||May 18, 2018|
|Japan||Tokyo||Senior Research Analyst, Northeast Asia Gas & Power||May 17, 2018|
|Singapore||Singapore||LNG Originator||May 17, 2018|
|USA (United States of America)||Kansas||Risk Manager/Broker - Energy||May 17, 2018|
|UK (United Kingdom)||London||Securities, Power and Gas Sales, VP||May 17, 2018|
|USA (United States of America)||Boston||Renewable Energy - Leasing Credit Officer II||May 17, 2018|
|India||Gurgaon, Haryana||Solar Project Finance Senior Manager / Manager||May 17, 2018|
|Switzerland||Baden||Power Trading Desk Analyst||May 16, 2018|
Funds & Investments News
KGAL has announced the second closing of its Enhanced Sustainable Power Fund (ESPF) 4. Five European investors have committed EUR127 million (US$154.01 million) to the renewable energy fund, bringing the total equity raised to EUR382 million (US$463.24 million).
|Manager Location||Energy Fund||Stage||Closing Amount (US$ MM)|
|Netherlands||NN-FMO Emerging Markets Loans Fund||Fundraising||250.00|
|UK (United Kingdom)||Resonance Industrial Water Infrastructure Fund Limited (RIWIF)||Investment|
|LS Power Equity Partners IV||Fundraising||2,250.00|
|JP Morgan Infrastructure Investments Fund||Fundraising, Investment|
|UK (United Kingdom)||InfraRed Infrastructure Fund V||Investment|
Corporate Finance News
Grasshopper Solar, Canada's largest fully-integrated solar energy company, has announced the successful completion of a CAD270 million (US$210.36 million) senior debt facility with Deutsche Bank.