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Arizona's TEP to launch RFP for 150 MW of wind power

Arizona's TEP to launch RFP for 150 MW of wind power

🕔Jan 17, 2018

Tucson Electric Power (TEP) plans to issue a request for proposals (RFP) this week for the design and construction of new wind energy projects that could power up to 31,000 homes annually in the Tucson metropolitan area. Tucson is the second-largest populated city in the US state of Arizona.

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Veolia granted planning permission for waste-to-energy plant in Hertfordshire

Veolia granted planning permission for waste-to-energy plant in Hertfordshire

🕔Jan 17, 2018

Veolia's plans to develop a new high efficiency Energy Recovery Facility (ERF) in Hertfordshire, in the south of the UK, have been approved by Hertfordshire County Council.  It will generate up to 33.5 MW of electricity from 350,000 tonnes of potential residual waste (that cannot be reused, recycled or composted) produced in the county each year.

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ACWA Power achieves financial close for 165.5 MWp of solar in Egypt

ACWA Power achieves financial close for 165.5 MWp of solar in Egypt

🕔Jan 16, 2018

ACWA Power has reached financial close of the three solar photovoltaic projects, located in the south of Egypt, with an aggregate capacity of 165.5MWp. The total cost of the projects is US$190 million.

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DIF completes the refinancing of a 30 MWac ground mounted solar PV portfolio

DIF completes the refinancing of a 30 MWac ground mounted solar PV portfolio

🕔Jan 15, 2018

DIF has completed the refinancing of a portfolio of three operational, ground-mounted solar photovoltaic projects located in Ontario, Canada.

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New gas-fired power plant in Myanmar begins supplying National Grid

New gas-fired power plant in Myanmar begins supplying National Grid

🕔Jan 11, 2018

It has been reported in local newspapers that the Myingyan combined-cycle gas turbine power plant has begun generating 143 MW feeding into Myanmar's National GridSembcorp Industries, through the Sembcorp Minygyan Power Company Limited, signed a 22-year build-operate-transfer (BOT) agreement for the project with the Ministry of Electricity and Energy of Myanmar in January 2017.

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Burkina Faso, Mali and Ghana Ministers of Energy to join TOTAL, CI-GNL, RLSF, APUA, ANARÉ and WAGPA at the Regional Energy Co-operation Summit in Côte d’Ivoire this January

Burkina Faso, Mali and Ghana Ministers of Energy to join TOTAL, CI-GNL, RLSF, APUA, ANARÉ and WAGPA at the Regional Energy Co-operation Summit in Côte d’Ivoire this January

🕔Jan 10, 2018

With confirmed participation of H.E Honourable Malick Alhousseini, H.E Honourable Professor Alfa Oumar Dissa, Ghana’s Ministry of Energy, Autorité Nationale de Régulation du Secteur de l'Electricité (Anaré), TOTAL, CI-GNL, Regional Liquidity Support Facility (RLSF) and West Africa Gas Pipeline Authority Company (WAGPA), the fast approaching Regional Energy Co-operation Summit 2018 will establish the roadmap for sustainable electricity trade in ECOWAS’ booming gas and energy markets.

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VALOREM refinances and reorganises 145 MW wind farm portfolio

VALOREM refinances and reorganises 145 MW wind farm portfolio

🕔Jan 9, 2018

VALOREM group has announced the success of VASCO, an operation of legal and financial re-organisation of its green energy projects through the roll-over of its EUR180 million (US$216,48 million) senior debt.

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45 MW Kumbih 3 hydro project achieves financial close

45 MW Kumbih 3 hydro project achieves financial close

🕔Jan 8, 2018

Indonesian state-owned utility company​ PT PLN Persero (PLN) has secured financing for the construction of the 45 MW Kumbih 3 hydropower projectKreditanstalt für Wiederaufbau (KfW) bank is to provide a US$99.9 million loan.

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CAD$1 billion secured for largest wind project in Ontario

CAD$1 billion secured for largest wind project in Ontario

🕔Jan 5, 2018

Pattern Energy Group has announced that it has secured CAD$1 billion (US$798,23 million) financing for the 300 MW Henvey Inlet wind project located on Henvey Inlet First Nation Reserve No. 2 on the northeast shore of the Georgian Bay in Ontario.

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EBRD provides EUR25 million loan for 10 MW for biogas plant in Ukraine

EBRD provides EUR25 million loan for 10 MW for biogas plant in Ukraine

🕔Jan 5, 2018

The European Bank for Reconstruction and Development (EBRD) has provided a senior loan of EUR25 million (US$ 30,10 million) to PJSC Myronivsky Hliboproduct (MHP) for the construction and operation of a 10 MW biogas plant in Ukraine.

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Oakey 2 solar farm in Queensland reaches financial close

Oakey 2 solar farm in Queensland reaches financial close

🕔Jan 4, 2018

Canadian Solar has announced that the Oakey 2 solar farm in Queensland, Australia has reached financial close with the Clean Energy Finance Corporation (CEFC) for a facility commitment of approximately AUD55 million (US$42.8 million).

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EBRD to provide US$100 million for privatisation of Turkish hydropower plants

EBRD to provide US$100 million for privatisation of Turkish hydropower plants

🕔Jan 3, 2018

The European Bank for Reconstruction and Development (EBRD) has announced that it is providing a senior loan of up to US$100 million to a special purpose vehicle, fully owned by Entek Elektrik Uretimi A.S., for the acquisition of the operating rights for two hydropower plants: Menzelet (124 MW capacity) and  Kılavuzlu (54 MW). The rights will be acquired from the Privatization Administration of Turkey.

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Financing agreed for Zambia's first Scaling Solar project

Financing agreed for Zambia's first Scaling Solar project

🕔Jan 2, 2018

Financing has been agreed for a 47.5 MW solar farm in Zambia, setting a new benchmark for low-cost solar power in sub-Saharan Africa.

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IPPToday #126: Malta’s Delimara 4 power plant reaches US$540 million financial close

IPPToday #126: Malta’s Delimara 4 power plant reaches US$540 million financial close

🕔Jan 2, 2018

A consortium of eight international banks has signed a financing agreement for the Delimara 4 power plant project in Malta. The consortium is comprised of Bank of Valletta, BNP Paribas Fortis, Credit Industriel et CommercialDZ Bank AGHSBC Bank MaltaKFW-IPEX BankNatixis Bank and Societe General. The package amounts to EUR450 million (US$540 million).

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Snowy 2.0 feasibility study approved

Snowy 2.0 feasibility study approved

🕔Dec 28, 2017

Snowy Hydro’s independent Board of Directors has approved the Snowy 2.0 feasibility study, and for further work to be undertaken for the project to progress to a final investment decision in 2018.

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Financial close for 97.2 MW Viento Los Hercules wind project in Argentina

Financial close for 97.2 MW Viento Los Hercules wind project in Argentina

🕔Dec 27, 2017

Total Eren has announced the successful financing of the 97.2 MW Vientos Los Hercules wind project in southern Argentina. Non-recourse senior debt was structured by KfW IPEX-Bank.

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 Nigeria approves US$2.8 billion gas pipeline

Nigeria approves US$2.8 billion gas pipeline

🕔Dec 27, 2017

The Federal Executive Council (FEC) of Nigeria has approved the US$2.8 billion Ajaokuta–Kaduna–Kano (AKK) gas pipeline project. The 40-inch pipeline will span 614km.

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OX2 nabs financing for 357-MW Swedish wind project

OX2 nabs financing for 357-MW Swedish wind project

🕔Dec 26, 2017

OX2 has announced that the financing of Valhalla project comprising 85 wind turbines has been successfully completed. Aquila Capital will acquire the project which OX2 will deliver as an EPC contract. It will be one of the largest onshore wind farms in Europe.

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EIB lends USD 150m to Enel for solar, wind in Peru

EIB lends USD 150m to Enel for solar, wind in Peru

🕔Dec 26, 2017

The European Investment Bank (EIB) will provide US$150 million to the renewable energy production company Enel Green Power Peru, a local subsidiary of the Enel group, for the construction and operation of a wind farm and a photovoltaic solar plant currently under construction in the Andean country.

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Marguerite Fund successfully finances Swedish wind farm

Marguerite Fund successfully finances Swedish wind farm

🕔Dec 21, 2017

The Marguerite Fund has raised €29.25 million (US$34.54 million) of 15-year non-recourse debt from German bank Norddeutsche Landesbank (NORD/LB) for the construction of its all-equity acquisition of the 46.8MW Grimsås onshore wind project in Sweden. It acquired the project from Element Power and Kraftö Vind on June 15, 2017.

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