Newcastle Coal Infrastructure Group (NCIG) has announced the completion of a US$634m refinancing with a syndicate of eight banks.
Energy Finance & Investment News in Oceania
AGL Energy Limited (AGL) has announced it would invest AUD295 million (US$225 million) to develop a 210 MW reciprocating engine power station near Adelaide, South Australia.
Senvion, a global manufacturer of wind turbines, has signed a Delivery Partnership Agreement with RES Australia and its project partners for the 116-turbine Murra Warra wind farm in Victoria in a consortium with Downer.
The Queensland government (Australia) has unveiled plans to build a new 500 km transmission line in the north of the state to unlock barriers to more than 2 GW of wind, solar and hydro projects.
AGL Energy has received a development permit from the Queensland Government to build up to 115 turbines for the Coopers Gap Wind Farm.
DIF Infrastructure IV and Lighthouse Infrastructure have announced the acquisition of 100% of the 125 MW Clare Solar PV project from Fotowatio Renewable Ventures (FRV), via a 50 - 50 joint venture.
Goldwind has announced that its northern New South Wales' solar farm, White Rock Solar Farm, has reached financial close following the award of a grant from the Australian Renewable Energy Agency (ARENA).
A consortium led by Macquarie Group has completed the acquisition of a controlling stake in one of Australia’s biggest public energy companies.
A signing ceremony, performed between the Prime Minister of Tonga, Hon. ‘Akilisi Pohiva and the Ambassador of Japan to Tonga, HE Mr. Yukio Numata together with JICA Fiji representative, Mr. Sawada and the Deputy Prime Minister Hon Siaosi Sovaleni, took place in Nuku’alofa, Tonga.
Queensland continues to add more renewable megawatts and more renewable jobs to its economy, with the latest milestone for the Collinsville Solar farm reaching financial close.
Canadian Solar has announced that it has secured AUD65 million (US$50 million) of non-recourse project financing with a 5-year term for two of its solar farm power projects in Australia with the Bank of Tokyo-Mitsubishi UFJ, Ltd. (MUFG) and Clean Energy Finance Corporation (CEFC).
First Infrastructure Capital Advisors, a subsidiary of Quanta Services, held a US$750 million first close on its debut fund, First Infrastructure Capital.
Australian utility Origin Energy Ltd has agreed to sell Stockyard Hill wind project to China’s Goldwind and to sign a and sign a long-term PPA from the commencement of operations in 2019 to 2030.
Palisade Investment Partners and ESCO Pacific have announced that the AUD$225 million (US$170 million) Ross River Solar Farm has reached financial close.
National Australia Bank Limited (NAB) and Industrial Commercial Bank of China Limited, Sydney Branch (ICBC), have secured CAD26.6 million (US$19.7 million) financing for the Gullen Solar Farm project near Canberra.
The Green Climate Fund (GCF) has approved US$86 million financing for the Tina River hydroelectric power project, located in the Solomon Islands.
Enel, through a joint venture between the group’s fully-owned renewable energy subsidiary Enel Green Power S.p.A. (EGP) and Dutch Infrastructure Fund (DIF), has closed an agreement to acquire Bungala Solar One, the first 137.5 MWDC phase of the 275 MWDC Bungala Solar PV project, which is currently the largest ready-to-build solar PV project in Australia, from Bungala Solar Holding Pty Ltd., a subsidiary of Australian developer Reach Solar Energy Pty Ltd.
Infigen Energy has announced that it would proceed to construction of the 113.2 MW Bodangora wind farm near Wellington in New South Wales, having achieved financial close.
First Solar, Inc. has announced that financial close has been reached for the Manildra Solar Farm in New South Wales (NSW), Australia.
The State Government of South Australia has opened a two-week Expression of Interest period for national and international companies interested in building Australia’s largest grid-scale battery in South Australia.