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ACWA Power to co-develop Saudi hydrogen project
Renewables MENASaudi power and water developer ACWA Power and American chemicals corporation Air Products are to develop a $5 billion hydrogen-based ammonia plant powered by up to 4GW of renewable energy
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VTB appoints new Europe chair
Power EuropeVTB Bank (Europe) has appointed Nick Hutt as chair of the management board replacing Arthur Iliyav who had been in the position for just under 3 years
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IDB Invest funds social housing in Peru
Social & Defence Latin AmericaIDB Invest has provided a $40 million loan to Los Portales to finance urban development and social housing projects in Peru
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Gulf acquires Vietnam wind projects
Renewables Asia PacificThailand-based Gulf Energy Development has acquired 100% shares in two 50MW wind projects from Vietnam-based Dien Xanh Gia Lai Investment Energy (DGI) on 2 July (2020).
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Van Wersch leaves Singapore
Asia PacificWouter Van Wersch has left General Electric (GE) in Singapore and moved to France this month, he announced on 8 July (2020)
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Bachmann join BSIF
Renewables EuropePeter Bachmann, sustainability infrastructure expert, has joined the Gresham House British Strategic Investment Fund
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Ørsted signs world’s largest renewables corporate PPA
Renewables Asia PacificØrsted and TSMC today have signed a 20-year corporate power purchase agreement for a 920MW wind farm to be developed in the Taiwan Strait
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Petrobras advances sale of power assets
Renewables Latin AmericaPetrobras has started the non-binding phase of the sale of its stake in 5 power plants located in Brazil
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Colombia's Puerto Antioquia secures financing
Transport Latin AmericaColombian Sociedad Portuaria Puerto Bahía Colombia de Urabá has secured a $110 million loan with Global Infrastructure Partners (GIP) for the construction of the greenfield Antioquia port
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Adani Transmission signs another acquisition
Power Asia PacificAdani Transmission has signed agreements to acquire Alipurduar Transmission, valuing the target at an enterprise value of Rs12.86 billion
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Rockrose recommends takeover offer from Viaro
Oil & Gas EuropeEnergy trader Viaro's acquisition of oil and gas company RockRose and entry into the North Sea are part of a plan to create an integrated energy producer and trader
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Chilean developer adds to small-scale solar pipeline
Renewables Latin AmericaChilean developer Biwo Renewables has begun the permtting process for a 9MW solar project in the region of Valparaíso
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Colombia’s EPM preps bond issuance
Power Latin AmericaColombian utility Empresa Pública de Medellín (EPM) is preparing a dollar-denominated corporate bond issuance – its first in 2020 and its sixth in international markets
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CIT closes North Carolina solar deal
Renewables North AmericaCIT Bank has led on a $118.5 million financing for Kayne Anderson Capital Advisors' 112MW Harts Mill Solar project in Edgecombe County, North Carolina
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Enel increases stake in Chilean subsidiary
Power Latin AmericaItaly's Enel has increased its stake in Chilean subsidiary Enel Chile by 3% as part of an effort to buy out minority shareholders in its South American businesses
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CapDyn completes debt-financed acquisition
Renewables North AmericaCapital Dynamics financed its acquisition of Coronal Energy's 350MW operating solar portfolio with a term loan from a club of banks
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First green bond for Canadian gas provider
Power North AmericaFortisBC Energy is entering the green bond market, in what is expected to be the first green bond for a natural gas provider in Canada
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Cordelio Power buys Illinois wind duo
Renewables North AmericaCordelio Power has bought two development-stage wind projects in central Illinois
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UK buyer for Rodds Bay Solar in Australia
Renewables Asia PacificA UK-based investor has agreed to acquire a majority shareholding in the 300MWdc, A$350 million Rodds Bay Solar Farm project in central Queensland, Australia, from Renew Estate