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22 March 2018
in
Renewables

Aquila Capital targets €750m with launch of European infra fund

Aquila Capital has announced the launch of its Energy Transition Infrastructure Fund  (ETIF) which will aim to invest in European renewable energy generation,...

22 March 2018
in
Renewables

Fortum signs agreement to sell Taaleri wind portfolio output

Fortum has signed agreement to buy the total output from financial services group Taaleri's portfolio of 13 Finnish wind farms. The 312MW capacity will be...

22 March 2018
in
Oil & gas, Power, Renewables

LS Power Equity Partners receives commitments for its fourth fund

US pension funds Virginia Retirement System (VRS), with a $75 million commitment, and Teachers’ Retirement System of Louisiana have confirmed their...

22 March 2018
in
Oil & gas

Energean raises $460m for Israeli gas project with London listing

Greek company Energean Oil & Gas has raised £330 million through a listing on the London Stock Exchange, valuing the company at around $968 million. Funds will...

22 March 2018
in
Power, Renewables

Dubai eyes June tender for 250MW Hatta pumped hydro

The Dubai Electricity and Water Authority (DEWA) CEO is expecting that the 250MW pumped hydro power project at Hatta will be tendered in June. The $522 million...

21 March 2018

Opportunity of the day: SteelAsia seeks financing offers for $500m integrated steel projects

SteelAsia Manufacturing Corporation, Philippines' largest steel manufacturer, will entertain approaches from international banks to secure financing for its upcoming...

21 March 2018

Protectionism forces firms to turn 'home' for trade

The cost of rising protectionism is a concern for businesses but they are optimistic about their international business prospects, according to a new report from HSBC...

21 March 2018
in
Oil & gas

Essar Oil picks Trafigura and BP for $1bn oil-backed loan

Mumbai-headquartered Essar Oil has picked Trafigura and BP to lend it $1 billion, to be repaid with cargoes of refined products, as the refiner's new owners seek to...

21 March 2018

Noble: Richard Elman resigns as non-executive director

Richard Elman, the founder of troubled Hong Kong-headquartered trader Noble Group has resigned from his role as non-executive director with immediate effect. He...

21 March 2018

Trade protectionism: No showstopper for global trade growth

Globalisation is evolving – not going away. Vinay Mendonca talks to TXF about the deeper factors at play behind a bullish outlook from corporates to trade growth in...

21 March 2018
in
Infrastructure, Transport

AfDB agrees $93.1m financing for Rwandan road improvement project

African Development Bank (AfDB) has agreed $93.1 million of financing for the rehabilitation and widening of the Kagitumba-Kayonza-Rusumo road works in the Eastern...

21 March 2018
in
Oil & gas

Vitol chairman Ian Taylor seeks JVs with Middle East producers

Ian Taylor, the oil trader who stepped down as chief executive officer of Vitol Group this month to become chairman, is seeking joint ventures and long-term structured...

21 March 2018
in
Renewables

ReneSola and Green City partner on 69MW solar development in France

NYSE-listed renewables developer ReneSola and German firm Green City Energy have formed a strategic partnership to develop four solar projects located in the south of...

21 March 2018

UBS AM launches second infra debt fund with €448m seed

UBS Asset Management's has launched its second infrastructure debt fund - Archmore Infrastructure Debt Platform II (IDP II) -  with €448 million of...

21 March 2018
in
Power

Two prequalifiers for Canadian heating and cooling plants

Innovate Energy and Rideau Energy Partners have prequalified for the Canadian government PPP project to modernise five heating and cooling plants in the National...

21 March 2018
in
Power, Renewables

EEP tenders 564MW Birbir hydro

Ethiopian Electric Power (EEP) has issued a tender for the development of the two phase Birbir 564MW hydro power project on a build, operate, transfer basis and will...

21 March 2018
in
Infrastructure, Power, Waste and water

Al Dur 2 IWPP bid deadline moved to May

Bahrain’s Electricity and Water Authority (EWA) is expecting bids for the Al Dur 2 IWPP project to be submitted on 2 May this year. The deadline had previously...

21 March 2018
in
Oil & gas

Duqm refinery to close in Q2 2018

The $7 billion Duqm refinery project – a joint venture between Oman Oil Company and Kuwait Petroleum – is expected to reach financial close in Q2 of 2018....

21 March 2018
in
Power, Renewables

Indonesia issues business plan for future electricity supply

Indonesia's Energy and Mineral Resources Ministry (ESDM) has issued its annual 10-year business plan covering the supply of electricity for 2018-2027. The government...

21 March 2018
in
Infrastructure, Transport

HMDA to award ring road concession on toll operate transfer basis

The Hyderabad Metropolitan Development Authority (HMDA) has decided to award the Outer Ring Road concession for the operation and maintenance of the Hyderabad expressway...