Taking advantage of the attractive market conditions, ENGIE has issued its first Green Hybrid Bond (Deeply Subordinated Perpetual Bond) for an amount of EUR1 billion (US$1.22 billion), with a coupon of 1.375% and a Non-Call period of 5.25 years.
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
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.
Brookfield Business Partners L.P, together with institutional partners, has announced that it has entered into an agreement to acquire 100% of Westinghouse Electric Company, a leading global provider of infrastructure services to the power generation industry, from Toshiba Corporation.
After nine months of fundraising, Copenhagen Infrastructure Partners’ (CIP) new fund, Copenhagen Infrastructure III (CI III), has had its sixth close on December 27, 2017 with total commitments reaching EUR2.8 billion (US$3.32 billion).
The Allianz Group has announced that from 1 January 2018, Allianz Capital Partners (ACP) will become a discrete entity under the umbrella of Allianz Global Investors (AllianzGI).
The Power Trading Chamber (CCEE) of Brazil has announced that more than 3,841.6 MW of power supply contracts were awarded in the tender that took place yesterday. Around 572,518,389 MWh were awarded for a total BRL108.46 billion (US$32.96 billion), or an average price of BRL189.45 (US$57.5) per MWh.
In a bid to reduce the huge infrastructure financing gap in Sub-Saharan Africa, the African Development Bank has approved US$100 million to The Emerging Africa Infrastructure Fund (EAIF), a public private partnership company.
ISQ Global Infrastructure Fund II, which is owned by I Squared Capital, an infrastructure private equity firm based in New York, is acquiring the Latin American and Caribbean businesses of Inkia Energy, a wholly-owned subsidiary of IC Power Ltd., for US$1.2 billion.
African energy stakeholders to meet leading international businesses in Washington, D.C. to discuss investment partnerships
U.S. Government agency Power Africa and EnergyNet have joined forces for a 4th year to unite African stakeholders with global leading businesses in the heart of the U.S. capital, Washington D.C.
The Land Degradation Neutrality Fund was officially launched at the thirteenth session of the Conference of the Parties (COP13) of the United Nations Convention to Combat Desertification (UNCCD), which took place in Ordos, China. The initiative is promoted by UNCCD and Mirova.
Ardian, announced it has signed an agreement for the sale of a €1 billion portfolio of assets after a competitive auction. The Investors involved are APG and AXA, both existing shareholders of the portfolio since 2006. Ardian will remain the asset manager and advisor of the portfolio.
EnergyNet will host the second Regional Energy Co-operation Summit in Côte d’Ivoire from 24-25 January 2018 - a strategic platform for project evolution and partnership development. The conference will discuss opportunities for cross-border power projects and potential gas investments across West Africa.
Infranode has achieved final closing on its first fund reaching SEK4.45 billion (US$524.68 million) with AP4 joining an already strong group of local pension funds and the European Investment Bank (EIB). The capital will be invested long-term in Nordic infrastructure.
The European Investment Bank (EIB), French lender Natixis Energeco and Akuo Energy, the leading French IPP in renewable energy, will take part in an EUR330 million (US$389 million) investment programme targeting nearly 400 MW of renewable energy projects owned by Akuo Energy.
Europe’s leading National Promotional Banks and European Investment Bank announced the launching of Marguerite II, a pan-European infrastructure fund with total commitments in excess of €700 million (US$ 832,29 million); ensuring continued support to key infrastructure investments in renewables, energy, transport and digital infrastructure by the Marguerite platform.
Energy leaders gathered in Casablanca on Friday for the conclusion of the 2nd Africa Renewable Energy Forum, a platform to explore opportunities for renewable energy project development in Africa
Iberdrola has successfully placed its first issue of green hybrid bonds on the Euromarket, valued at €1 billion (US$ 1.19 billion). The proceeds obtained from it will be used to refinance investments in different renewable projects in the United Kingdom.
Infracapital, the infrastructure equity investment arm of M&G Investments, has successfully reached a final closing of its latest fund, Infracapital Greenfield Partners I LP, with total commitments of £1.25 billion (US$ 1,65 billion).
The Minister for Energy, Environment and Climate Change Lily D’Ambrosio has opened the competitive reverse auction that will deliver up to 650 MW of large-scale renewable energy for Victoria.
The European Union is mulling signing a €18 million (US$ 21 million) financing agreement to support renewable energy in Cuba.