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Transmission News

Vattenfall to supply 1.5 TWh of electricity to AkzoNobel

Vattenfall to supply 1.5 TWh of electricity to AkzoNobel

🕔Jan 2, 2018

Vattenfall has announced that it has agreed to will supply 1.5 TWh of electricity annually to AkzoNobel in the Netherlands. The new agreement concerns AkzoNobel’s chemical production sites in Delfzijl, Hengelo and Rotterdam.

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Allianz, MIRA and Valtion Eläkerahasto to acquire Elenia

Allianz, MIRA and Valtion Eläkerahasto to acquire Elenia

🕔Dec 22, 2017

Allianz Capital Partners (ACP), Macquarie Infrastructure and Real Assets (MIRA) and Valtion Eläkerahasto (VER) have signed an agreement to acquire Elenia Oy, Finland’s second largest power distribution system operator and Elenia Lämpö Oy, Finland’s ninth largest district heating network.

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 IPPToday #119: US$2.66 billion transmission projects auctioned in Brazil

IPPToday #119: US$2.66 billion transmission projects auctioned in Brazil

🕔Dec 19, 2017

Brazil's Ministry of Mines and Energy has announced that the winning projects in the power transmission line auction that took place on Friday 15 December represent BRL8.75 billion (US$2.66 billion) in investments.

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IPPToday #117: Largest transmission line goes into operation two months in advance

IPPToday #117: Largest transmission line goes into operation two months in advance

🕔Dec 15, 2017

The first Latin America ±800 kV UHVDC (Ultrahigh-Voltage Direct Current) Electricity Transmission Line came into operation on December, 12th 2017 which drains energy generated by the Belo Monte Power Plant in Xingu (Pará, North of Brazil) to the National Interconnected System (SIN – Sistema Inter Nacional) in the Southeast region. 

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US$12.1 millon contract awarded for 220 kV transmission line in south-east Peru

US$12.1 millon contract awarded for 220 kV transmission line in south-east Peru

🕔Dec 4, 2017

Peru’s infrastructure authority ProInversion has awarded a PPP contract for the design, construction, financing, operation and maintenance of a 220 kV transmission line located in the south of the country.

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IPPToday #109: Ofgem selects preferred bidder for owning the link to the Dudgeon Offshore Wind Farm

IPPToday #109: Ofgem selects preferred bidder for owning the link to the Dudgeon Offshore Wind Farm

🕔Nov 30, 2017

Ofgem has appointed Transmission Capital Partners as the preferred bidder to own and operate the high-voltage transmission link to the Dudgeon Offshore Wind Farm for the next 20 years. 

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ACCIONA to build two  transmission projects  in Kenya

ACCIONA to build two transmission projects in Kenya

🕔Nov 24, 2017

ACCIONA has signed two contracts with HOMT España as part of the project worth over €40 million (US$ 47,07 million) that the latter is executing for Kenya Electricity Transmission Company Limited (KETRACO).

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Dynamic Energy Networks, Schneider Electric and The Carlyle Group form strategic alliance

Dynamic Energy Networks, Schneider Electric and The Carlyle Group form strategic alliance

🕔Nov 8, 2017

Dynamic Energy Networks (DEN) has announced strategic alliances with established energy and industrial sector powerhouses Schneider Electric and The Carlyle Group.

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IPPToday #72: Alberta transmission project closes $1.4 billion financing

IPPToday #72: Alberta transmission project closes $1.4 billion financing

🕔Oct 5, 2017

ATCO has announced that Alberta PowerLine, a partnership owned 80 per cent by Canadian Utilities Limited, an ATCO company, and 20 per cent by Quanta Services, Inc., has closed the issuance of an aggregate of US$1,384,678,000 of bonds with maturities ranging from June 2032 to March 2054.

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IPPToday #65: ABB to acquire GE Industrial Solutions for US$2.6 B

IPPToday #65: ABB to acquire GE Industrial Solutions for US$2.6 B

🕔Sep 26, 2017

ABB has announced the acquisition of GE Industrial Solutions, GE’s global electrification solutions business. ABB would close the deal for US$2.6 billion

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Sempra Energy to acquire ownership interest in Oncor

Sempra Energy to acquire ownership interest in Oncor

🕔Aug 25, 2017

Sempra Energy  today announced an agreement to acquire Energy Future Holdings Corp., the indirect owner of 80 percent of Oncor Electric Delivery Company, LLC, operator of the largest electric transmission and distribution system in Texas.

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IPPToday #32: Bidders shortlisted for the Galloper and Walney Extension link projects

IPPToday #32: Bidders shortlisted for the Galloper and Walney Extension link projects

🕔Aug 7, 2017

Ofgem has announced shortlists of bidders competing to own and operate transmission links to the Galloper and Walney Extension windfarms off the coasts of Cumbria and Suffolk.

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EIB provides €130 M for 320 kV Italy-France transmission project

EIB provides €130 M for 320 kV Italy-France transmission project

🕔Aug 7, 2017

Terna and the European Investment Bank (EIB) have signed an agreement for a €130 million (US$153 million) loan in support of investments for the public component of the Piedmont-Savoy project, the new 320 kV direct current electricity interconnector that will link Italy and France.

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Sri Lanka launches tender process 40km transmission line

Sri Lanka launches tender process 40km transmission line

🕔Aug 7, 2017

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IPPToday #31: Preferred Bidder selected for Burbo Bank OFTO

IPPToday #31: Preferred Bidder selected for Burbo Bank OFTO

🕔Aug 4, 2017

Diamond Transmission Partners, a consortium comprising HICL Infrastructure and Diamond Transmission Corporation (DTC), a subsidiary of Mitsubishi Corporation, has been selected as the preferred bidder for a new offshore electricity transmission link in UK.

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EIB provides €300 M credit facility to Alliander NV

EIB provides €300 M credit facility to Alliander NV

🕔Jul 27, 2017

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CIP achieves third close for fund III

CIP achieves third close for fund III

🕔Jul 18, 2017

Copenhagen Infrastructure Partners’ new fund Copenhagen Infrastructure III has reached its third close with total commitments reaching €1.9 billion (US$2.2 billion), after only 4 months of fundraising.

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EIB completes financing for 1.4-GW Nordlink Subsea Interconnector project

EIB completes financing for 1.4-GW Nordlink Subsea Interconnector project

🕔Jun 7, 2017

The European Investment Bank (EIB) has signed a €300 million (US$338 million) loan agreement with Norwegian transmission system operator (TSO) Statnett for the completion of the NordLink Subsea Interconnector project between Germany and Norway.

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Peruvian Proinversion awards transmission line

Peruvian Proinversion awards transmission line

🕔May 29, 2017

The Peruvian Private Investment Promotion Agency (ProInversión) has awarded to the Italian based company Terna Plus the concession contract for the Aguaytía-Pucallpa Transmission project under a PPP basis.

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IIC to finance a transmission line in Uruguay

IIC to finance a transmission line in Uruguay

🕔May 23, 2017

The Inter-American Investment Corporation (IIC) continues to support energy generation from renewable sources in Uruguay with the approval of a US$56 million financing package for a 500 Kv transmission line between the cities of Melo and Tacuarembó.

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