Multilateral Investment Guarantee Agency (MIGA) is mulling providing a guarantee for EDF International’s 420 MW Nachtigal hydro project in Cameroon.
Ayen Enerji & Fusha, a Turkish-Albanian consortium, has won a contract for construction and operation of a 120 MW hydro power plant in Albania, with a 35-year concession period.
Dubai Electricity and Water Authority (DEWA) has launched a request for expression of interest (RFEOI) to develop the 250 MW Hatta hydroelectric project in Dubai.
Nord-Tronderlag Elektrisitetsverk Holding (NTE) has obtained a 15-year NOK 340 million (US$42.6 million) loan from the Nordic Investment Bank (NIB) to co-finance three hydropower projects in Norway.
The Ministry of Energy and Mining has opened the tender for Round 2 of the RenovAr Program in order to promote fulfillment of the targets imposed to achieve 8% participation of renewable energy sources in the electricity grid for December 2017, and 20% for 2025.
Mega First has entered into binding agreement with several financial institutions for a total of US$150-million financing for the the 260 MW Don Sahong hydropower project in Laos.
Fortum is in advanced discussions with E.ON concerning E.ON's 46.65% stake in the Germany-based international energy company Uniper. In relation to these advanced discussions, certain questions are currently being clarified with the authorities by E.ON.
The Brazilian government has sold operating licenses for four hydroelectric dams with a total value of nearly US$4 billion.
Statkraft and Norfund have closed an agreement to swap shares in their jointly owned international hydropower assets.
Statkraft, a Norwegian renewable energy operator, has sold its 517 MW Cetin hydroelectric plan located in Turkey to Limak Holding.
Prothea acted as financial advisor in the JV agreement between Genera and IKAV to create a leading energy efficiency player in the Italian market
Genera Group Holdings, a group active in the fields of energy efficiency and production, engineering and real estate development, has entered into a strategic Joint Venture with IKAV (Institut für Kapitalanlagen & Versicherungslösungen), a leading global green economy German fund with over €400 million of assets under management.
The Chinese government has approved the creation of the world’s largest power company. China has given green light to the merger of electricity producer China Guodian and coal company Shenhua Group.
The Australian Government has confirmed an agreement between the Australian Renewable Energy Agency (ARENA) and Snowy Hydro had been reached to drive planning for the construction of the project and insight for future pumped hydro projects into the future.
The Government of Argentina has launched the RenovAr Ronda 2 national auction, comprising 1,200 MW of renewable energy capacity.
BC Hydro has announced it plans to purchase the remaining two-third ownership interest in the Waneta Dam and Generating Station in Trail, B.C. from Teck Resources Limited (Teck) for CAD1.2 billion (US$945 million). The purchase is forecast to have a beneficial financial impact each year, helping to keep rates affordable for BC Hydro’s customers.
Boralex has announced that Caisse de dépôt et placement du Québec has acquired all of the Class A common shares of Boralex held by Cascades representing 17.3% of the outstanding shares for the amount of CAD287.5 million (US$228.4 million).
ANEEL, the Brazilian Electricity Regulatory Agency has announced an unusual tender aimed to eliminate part of the excess capacity that Brazil has at the moment. The auction involves the termination of 4,248.5 MW of wind, solar and hydropower projects.
The San Diego County Water Authority has issued a Request for Proposals (RFP) for a potential 500-megawatt pumped storage project at the San Vicente Reservoir site that could lessen upward pressure on water rates and also increase opportunities for renewable energy penetration throughout the region by leveraging existing infrastructure at San Vicente Reservoir.
KGAL has announced the first closing of its core plus European renewable fund ESPF 4. With €255 million (US$294 million) of committed equity, the Luxembourg-based SICAV-SIF vehicle has attracted large commitments from four major European institutional investors.
The government of Nigeria has issued a request for expressions of interest (EOI) for the operation and maintenance of a hydropower plant located in Kaduna State.