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01 March 2018
in
Power, Transport

Kansai Electric in deal for Neuconnect subsea cable stake

Japanese utility Kansai Electric Power Co has announced that it will buy a 18.3% stake in the Neuconnect project to provide a 670km subsea cable...

01 March 2018
in
Renewables

Blue Elephant buys Rheinland-Pfalz wind farm

Hamburg-based independent solar and wind operator Blue Elephant Energy AG has acquired an operational 9.2MW wind farm in Rheinland-Pfalz. The three-turbine...

01 March 2018

BU and ICISA issue 2018 State of the Industry Survey

Berne Union and the International Credit Insurance and Surety Association (ICISA) have released their annual trade and export insurance survey. The results indicate a...

01 March 2018
in
Renewables

NNPC and Kogi sign MoU for integrated biofuel and Bagasse power facility

Nigerian National Petroleum Corporation (NNPC) and the Kogi State Government have signed an MoU to develop an integrated feedstock plantation and processing plant complex...

01 March 2018
in
Oil & gas

Mercuria looking to buy Rosneft loan

Mercuria has asked the US Department of Treasury for permission to buy a $1.5 billion Rosneft loan to Venezuela's state-owned PDVSA. The loan is collateralised by...

01 March 2018
in
Oil & gas

CEFC buy of Rosneft stake faltering

The founder and chairman of CEFC, Ye Jianming, is under investigation by the Chinese authorities. The investigation puts at risk CEFC’s recent acquisition of a...

01 March 2018
in
Oil & gas

Pieridae mandates financial advisers for Goldboro LNG

Calgary-based Pieridae Energy has engaged Morgan Stanley and Societe Generale's SG Americas Securities to act as financial advisers on the...

01 March 2018
in
Transport

EIB supports Keflavik airport upgrade

Isavia, the state-owned company that operates all airports in Iceland, has raised a €100 million loan from the EIB to fund upgrades and expansion at Keflavik...

01 March 2018
in
Renewables

ContourGlobal agrees €962m deal for Acciona’s solar power plants

ContourGlobal is buying a 250MW concentrated solar portfolio from Acciona Energia. The deal is backed by a €635 million 19-year loan underwritten by Goldman Sachs....

28 February 2018

Opportunity of the day: Hanas New Energy's $1.5bn LNG production facility in Wuzhong looks for funding

Hanas New Energy Group will construct a 5m tons per day (t/d) LNG production facility in Wuzhong city, in the Ningxia Hui Autonomous Region, according to Liu Tao, the...

28 February 2018
in
Infrastructure, Waste and water

ACWA bid lowest for Umm Al Quwain IWP

An ACWA Power-led team has put in the lowest bid for FEWA’s $260 million 45 mpgd Umm Al Quwain reverse osmosis desalination IWP project. The ACWA Power/Tecton/Sidem...

28 February 2018
in
Renewables

Kosava wind reaches financial close

MK Fintel Wind – a joint venture between MK Group (46%) and Fintel Energia Group (54%) – has reached financial close on the €117 million ($143 million)...

28 February 2018
in
Metals and Mining

SUEK refi to price even tighter than 2017

Siberian Coal Energy Company (SUEK) is in the final stages of the refinancing of its $1 billion five-year pre-export finance (PXF) facility. The list of lenders is...

28 February 2018

40-year-old banking co-op Swift is overhauling payments without blockchain

Swift - pretty much the opposite of a hip, fintech company - may have a looming rival in Ripple but says $100 billion in payments using its global payments innovation are...

28 February 2018

Mashreq making inroads into African trade bank financing

Mashreqbank and Africa Trade Finance are coordinating a $100 million syndicated on-lending facility for Nigeria-based Access Bank. The commitment deadline is set for mid-...

28 February 2018
in
Oil & gas

Mozambique: Waiting on the cash from gas

A new debt restructuring proposal is unlikely to make firm commitments to Mozambique’s creditors, but as long as bond prices remain high, many creditors seem satisfied to...

28 February 2018
in
Oil & gas

Nigeria's NNPC in final talks with firms to overhaul refineries

Nigeria's state oil firm NNPC is in the final stages of talks with two consortia that include traders, energy majors and oil services companies to revamp its...

28 February 2018

Noble Group plunges to $4.9bn annual loss

Hong Kong-headquartered commodities trader Noble Group plunged to an annual loss of $4.9 billion compared to a profit of $8.7 million a year ago. In its results, the...

28 February 2018
in
Power

AGL plans A$200m Bayswater power plant upgrade

AGL is planning a A$200 million upgrade to the Bayswater coal-fired power station at Muswellbrook to compensate for the planned closure of the nearby Liddell power plant....

28 February 2018

Assured Guaranty buys minority stake in Rubicon

Assured Guaranty subsidiary AGUS has acquired a minority interest in Rubicon Infrastructure Advisors' holding company Cadia (Malta) Limited (CML) for an...