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ERG to amend terms on project finance debt
Renewables EuropeERG Eolica Fossa del Lupo have secured debt financing to "amend and extend" a project finance facility on 3 wind farms with a 154MW capacity in the Calabria and Basilicata regions
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Nicolas Moessner joins CDPQ
North AmericaNicolas Moessner has joined CDPQ as a senior director in the investment team working on energy and infrastructure
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Dow signs on rail sale
Transport North AmericaDow has signed a definitive agreement to sell its rail infrastructure assets and related equipment at 6 major North American sites to Watco Companies
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Gulf acquires GIP's Borkum Riffgrund 2 stake
Renewables EuropeGulf Energy Development Public Company has acquired 50% equity in German offshore wind farm Borkum Riffgrund 2 – the latest oil major to join the shareholding of North Sea offshore wind projects
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Mikkel Rosendahl joins CIP
Renewables EuropeFollowing a lengthy career at Ørsted, Mikkel Rosendahl has left the Danish developer to join Copenhagen Infrastructure Partners as chief risk officer
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ZESCO to sign power supply deal with KCM
Power Sub-Saharan AfricaZambia’s power utility ZESCO is expected to sign a power supply agreement with Konkola Copper Mines – one of Zambia’s biggest mining companies – within the month
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Sacyr sells majority stake in Spanish toll road
Transport EuropeSpanish construction company Sacyr has sold 95% of its equity stake in Autopista de Gudalmedina in two separate transactions
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Orange Belgium appoints new CEO
Telecoms EuropeTelecom operator Orange Belgium has appointed Xavier Pichon as its new chief executive, effective 1 September
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Boles joins fintech firm
Renewables EuropeJon Boles, renewables veteran, has joined the newly formed fintech firm RealPort as chief investment officer
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Eiffage JV secures Grand Paris contract
Transport EuropeA JV of Eiffage and Engie yesterday (6 July) won the €58 million ($65.5m) works contract for line 16 and line 17 of French heavy rail project, Grand Paris Express
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Pakistan plans to withdraw general power subsidies
Renewables Asia PacificThe Government of Pakistan has decided to scrap electricity subsidies up to 300 units of consumption per month, regardless of income levels
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Aramco to postpone Jafurah cogen deadline again
Power MENASaudi Aramco has informed the market that it has again postponed the RFP deadline for the 270-320MW Jafurah cogeneration power project in Saudi Arabia
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Orbital and Black & Veatch join forces
Power EuropeOrbital Marine Power, a floating tidal stream turbines developer, has appointed Black & Veatch as lead engineering partner to support technology optimisation and cost reduction
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Thailand considers PPP for 8 motorways
Transport Asia PacificThe government of Thailand plans to construct 8 new motorways, with a total length of 4,930km. Saksayam Cihdchob, the transport minister, said the government is considering structuring the projects as PPPs
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Bidding opens for Madhya Pradesh road PPPs
Transport Asia PacificThe Government of Madhya Pradesh, a state in India, has tendered 7 roads PPP packages, under the hybrid annuity model
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NextPower III fund buys first Indian asset
Renewables Asia PacificNextPower III, a fund managed by NextEnergy Capital, has acquired an operational 27.4MW solar PV project in Odisha, India
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NextEra auctions solar assets
Renewables North AmericaNextEra Energy Resources has launched separate sale processes for a pair of solar projects in Texas and Alabama that are expected to be online by the end of this year (2020) and next year (2021) respectively
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Terra-Gen lands portfolio refi
Renewables North AmericaTerra-Gen raised almost $300 million in debt last week for a California wind portfolio repowering
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Acciona takes over São Paulo metro Line 6
Transport Latin AmericaSpanish construction firm Acciona and the government of São Paulo have signed the contract for the takeover of the construction and operation of Metro Line 6 (Laranja), following several delays.