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Fossil-fuel Power News

Newcastle coal terminal refinancing reaches financial close

Newcastle coal terminal refinancing reaches financial close

🕔Jul 20, 2017

Newcastle Coal Infrastructure Group (NCIG) has announced the completion of a US$634m refinancing with a syndicate of eight banks.

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IPPToday #17: K-Electric unveils plan for 900 MW power project

IPPToday #17: K-Electric unveils plan for 900 MW power project

🕔Jul 17, 2017

K-Electric has unveiled the plan for the development of a 900 MW power project that will significantly increase generation capacity and play a critical role in further supporting the energy needs of Karachi, Pakistan.

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Denmark's Anaes Power Station can phase out coal

Denmark's Anaes Power Station can phase out coal

🕔Jul 17, 2017

With a new 20-year agreement recently concluded between Novo Nordisk, Novozymes, Kalundborg Forsyning and DONG Energy, a sustainable alternative has been found to Denmark's largest coal-fired power station unit, enabling a complete phase-out of coal in a DKK 1.2 billion ($180 million) development.

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IPPToday #15: NRG gets US$685 MM financing for a natural gas-fired generating facility

IPPToday #15: NRG gets US$685 MM financing for a natural gas-fired generating facility

🕔Jul 13, 2017

NRG Repowering Holdings LLC has obtained a US$685 million financing for the development, construction and operation of the Carlsbad Energy Center, a 558 MW Natural Gas-Fired Generating Facility in California. 

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IPPToday #11: AES closes US$2 billion in financing for 1.4 GW Southland repowering project

IPPToday #11: AES closes US$2 billion in financing for 1.4 GW Southland repowering project

🕔Jul 6, 2017

The AES Corporation has announced the closing of US$2.0 billion in long-term, non-recourse financing for its 1,384 MW Southland repowering project in Southern California.

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IPPToday #4: Financial Close for the Tierra Mojada Power Plant in Mexico

IPPToday #4: Financial Close for the Tierra Mojada Power Plant in Mexico

🕔Jun 27, 2017

Fisterra Energy, a company majority owned by Blackstone’s energy-focused private equity fund, Blackstone Energy Partners, and global private equity fund, Blackstone Capital Partners, have announced it has achieved a financial closing for the Tierra Mojada combined-cycle gas turbine (CCGT) power plant in Guadalajara, Mexico.

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AGL to build 210MW fossil-fuel power plant in South Australia

AGL to build 210MW fossil-fuel power plant in South Australia

🕔Jun 19, 2017

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.

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AIIM acquires stake in Mali energy firm

AIIM acquires stake in Mali energy firm

🕔Jun 15, 2017

African Infrastructure Investment Managers (AIIM), an equity investor in African infrastructure, through its AIIF3 fund, has acquired a 44% stake in Albatros Energy Mali.

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Oman to issue RfPs for solar, power and water projects

Oman to issue RfPs for solar, power and water projects

🕔Jun 5, 2017

Oman Power and Water Procurement (OPWP) has announced it has plans to launch a tender process to develop solar projects in the country.

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AMP Capital’s Infrastructure Debt team invests in Swedish district heating portfolio

AMP Capital’s Infrastructure Debt team invests in Swedish district heating portfolio

🕔May 30, 2017

AMP Capital has reached financial close on a SEK1.47 billion (US$163 million) mezzanine debt investment in a portfolio of energy assets owned by Solør Bioenergi, a leading district heating business providing heating solutions across Sweden.

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InterGen to Sell Mexico Assets

InterGen to Sell Mexico Assets

🕔May 26, 2017

InterGen has recently announced plans to advance the sale of its business interests in Mexico. It is expected that a formal sales process will be launched shortly.

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Posco Energy to invest in 1,200MW thermal power plant in Vietnam

Posco Energy to invest in 1,200MW thermal power plant in Vietnam

🕔May 19, 2017

POSCO Energy Co. has signed a memorandum of understanding (MOU) agreement on with Nghe An provincial government to develop the Quynh Lap II thermal power plant project in Vietnam.

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ACWA Power and APICORP announce a transaction concerning a minority stake in Shuqaiq IWPP

ACWA Power and APICORP announce a transaction concerning a minority stake in Shuqaiq IWPP

🕔Apr 28, 2017

ACWA Power, a developer, owner and operator of independent power generation & water desalination plants, and Arab Petroleum Investments Corporation (APICORP), a multilateral development bank established in 1975 by the 10 member states of the Organization of Arab Petroleum Exporting Countries (OAPEC), announced the signing of a sale and purchase agreement in respect of an 8% effective stake in Shuqaiq Independent Water & Power Project (Shuqaiq IWPP) in Saudi Arabia.

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Project Financing signed for Japanese power plant

Project Financing signed for Japanese power plant

🕔Apr 26, 2017

Japan Petroleum Exploration Co., Ltd. (JAPEX) has announced that Fukushima Gas Power Co., Ltd. (FGP) has signed a contract for a US$1.27-billion syndicated loan with Development Bank of Japan Inc. as the lead arranger on the 1,180 MW Natural Gas-fired Power Generation Project at Soma Port in Shinchi Town, Fukushima Prefecture.

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Medco and Ratchaburi sign Riau gas-fired PPA

Medco and Ratchaburi sign Riau gas-fired PPA

🕔Apr 19, 2017

Ratchaburi Electricity Generating Holding Public Company Limited (RATCH) announced its successful expansion into Indonesia by awarding the natural gas-fired combined-cycle Riau power plant with 275-MW capacity.

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Indonesia’s 2GW coal-fired plant gets US$3.36bn financing

Indonesia’s 2GW coal-fired plant gets US$3.36bn financing

🕔Apr 17, 2017

A consortium of Asian banks will provide US$3.36 billion in loans to support the expansion of the Tanjung Jati B coal-fired power plant project in Indonesia.

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Consumers Energy issues RFP for gas-fired plant

Consumers Energy issues RFP for gas-fired plant

🕔Apr 12, 2017

Consumers Energy has issued a request for proposals to acquire a natural gas-fired generating plant of up to 800 MW, part of the company's plans to meet Michigan's long-term energy needs reliably, affordably and sustainably.

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Sojitz acquires equity stake in Birdsboro gas-fired power plant

Sojitz acquires equity stake in Birdsboro gas-fired power plant

🕔Apr 11, 2017

Sojitz Corporation has announced it has closed the acquisition of a 33.33% stake in Birdsboro natural gas-fired power plant facility in Pennsylvania (US).

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1050-MW Fairview Energy Center in Pennsylvania secures $700 million financing

1050-MW Fairview Energy Center in Pennsylvania secures $700 million financing

🕔Mar 31, 2017

Co-developers CPV, GE Energy Financial Services, and OGUSA have arranged US$700 million of senior debt financing for the Fairview Energy Center project, a new natural gas and ethane electric generation facility located in western Pennsylvania.

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Largest Private IPP in Ghana on course for 2017 completion

Largest Private IPP in Ghana on course for 2017 completion

🕔Mar 30, 2017

On track to becoming a critical base-load component in meeting Ghana’s growing electricity demand, the Kpone Independent Power Plant (KIPP), which is being developed by Cenpower Generation Company, is expected to be commissioned before the end of 2017.

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