Latest News
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IKEA agrees Romanian wind acquisition
Renewables EuropeIngka Group – the parent company of IKEA – has agreed acquire an 80% stake in seven Romanian wind farms from Vestas in a deal worth €136 million
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HRADF extends deadline for Athens Airport stake sale
Transport EuropeGreek privatisation fund Hellenic Republic Asset Development Fund has pushed back the deadline to submit expressions of interest for a 30% stake in Athens International Airport
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Myanmar CCGT PPA haltingly progresses
Power Asia PacificMyanmar’s Ministry of Electricity and Energy has extended the deadline for the sponsor of a $320 million combined-cycle gas turbine power project to meet conditions precedent of a power purchase agreement signed in 2016
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Greece to tender 512MW of solar and wind projects
Renewables EuropeGreece’s Regulatory Authority for Energy is to hold auctions for 287.11MW of solar PV plants and 225.45MW of wind farms – its third renewable energy tender
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InfraVia sells interest in UK tram concession
Transport EuropeInfraVia has sold its participation in Nottingham Tramlink, which owns and operates the tram network in the UK city of Nottingham, to Aberdeen Standard Investments – the last of the assets from its maiden private equity infrastructure fund
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Auction date set for Malaya power plant
Power Asia PacificPower Sector Assets and Liabilities Management has set the bidding date for the 650MW Malaya coal-fired power plant, located 16km east of the Philippines capital Manila in Rizal province
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WFW hires energy & infrastructure expert in Germany
Power EuropeWatson Farley & Williams has expanded its practice in Munich, Germany, with the addition of energy and infrastructure projects expert Christian Bauer
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Orascom, Siemens return to Baiji for gas-fired rehab
Power MENAA consortium of Egypt's Orascom Construction and Germany's Siemens has signed an agreement with Iraq's Ministry of Electricity to rehabilitate the Baiji 1 and Baiji 2 gas-fired power plants in the northern Governorate of Salah ad Din
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UPDATE: QIC calls foul in Pacific Energy takeover tussle
Power Asia PacificIn a bidding battle for ASX-listed Pacific Energy, QIC has made a formal submission to the Takeovers Panel in Melbourne, seeking a cancellation of another deed Pacific Energy signed with rival bidders OPTrust and Infrastructure Capital Group. QIC is claiming Pacific Energy has breached their deed
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Netherlands to consider TenneT privatisation
Power EuropeThe Dutch government is considering financing options for state-owned grid operator TenneT, including a full or partial sale of the company, to fund investment into its operations in the Netherlands and Germany
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Vopak buys into Colombian LNG facility
Oil & Gas Latin AmericaDutch commodities firm Royal Vopak has bought a 49% stake in Sociedad Portuaria el Cayao, Colombia's only LNG import facility, in Cartagena
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Guatemala studies new solar auction
Renewables Latin AmericaFollowing a failed auction, Guatemala is debating whether to introduce a new solar power procurement process
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Mitsui & Co sells Southeast Asia hospitals portfolio
Social & Defence Asia PacificJapanese trading company Mitsui & Co is selling its stake in Columbia Asia Healthcare, which operates 18 healthcare facilities in Indonesia, Malaysia and Vietnam
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ADB, Australia, GCF sign grants for Tonga renewables
Renewables Asia PacificThe Asian Development Bank, Government of Australia and the Green Climate Fund have signed off on three grants worth a total of $44.6 million to the Government of Tonga, to be used for renewable energy development
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Marathon names West Coast cleantech head
Renewables North AmericaMarathon Capital has appointed Jeremy Hux as senior managing director and head of energy and sustainable technologies in San Francisco
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Developers reach settlement with Consumers for PPAs
Renewables North AmericaDevelopers are poised to sign power purchase agreements with Michigan's Consumers Energy for solar projects totaling 584MW after reaching a settlement with the utility over Public Utility Regulatory Policies Act avoided cost rates
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Nauru Utilities Corp tenders solar PV plus battery
Renewables Asia PacificNauru Utilities Corp has launched a tender for a solar PV plus battery and substation project, with bids due on 5 December
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Royal North Shore Hospital PPP refinanced
Social & Defence Asia PacificFund manager AMP Capital has refinanced the project debt associated with the Royal North Shore Hospital PPP in Sydney, New South Wales
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Petrobras announces second phase of refinery divestments
Oil & Gas Latin AmericaPetrobras has confirmed that it has started the second phase of its divestment plan. The company published the sale teasers for four refineries on 13 September, following an earlier process focused on larger assets