Latest Power News

  • Maldives invites BESS prequals

    The government of Maldives has invited pre-qualifications from bidders to deploy battery energy storage systems (BESS) with a combined 40MW / 40MWh capacity as part of a nearly $110 million renewable energy project in the archipelago

  • Ampol backs hydrogen-powered energy storage

    Ampol and the Commonwealth Scientific and Industrial Research Organisation have pledged A$5 million in funding to a startup developing hydrogen-powered energy storage systems

  • €33bn allocated for Connecting Europe Facility 2.0

    The European Council has today adopted the EU’s second Connecting Europe Facility programme to fund the development of high-performing, sustainable infrastructure in the transport, digital and energy sectors

  • McGuireWoods adds M&A partner in Houston

    McGuireWoods has recruited an M&A partner in Houston who previously held senior roles at power and renewables project developers such as NRG Energy and Panda Power Funds

  • Florida university seeks partner for energy P3

    The University of Florida is seeking a private partner to DBFOM a new Central Energy Plant

  • AfDB launches A$600m Kangaroo bond

    The African Development Bank has launched a A$600 million, 5.5-year Kangaroo social bond which will be used to tackle energy and infra on the continent

  • Saudi sovereign wealth fund to invest in new infrastructure fund

    A regional infrastructure fund set up between Investcorp and Aberdeen Standard Investments has secured Saudi Arabia's Public Investment Fund as an anchor investor

  • South Africa to expand licensing exemption for power generation assets

    Cyril Ramaphosa, the president of South Africa, has announced his government’s plan to expand an exemption for power generation licenses

  • Acquisition financing clinched for district energy biz

    A pair of investors has closed acquisition financing to support their purchase of the Canadian operations of Brookfield Infrastructrure Partners' district energy business, Enwave Energy

  • Bayfront prices $401 million PF securitisation

    Singapore-headquartered Bayfront Infrastructure Management today priced $401 million infrastructure asset-backed securities

  • San Miguel issues $600m bonds for gas-fired

    Philippines-based San Miguel has issued $600 million bonds to develop the 1.31GW Batangas gas-fired power plant complex

  • Mongolia mandates renewable energy adviser

    A joint venture of international advisers has agreed to assist with Mongolia’s development of renewable energy

  • Alinta call on government intervention to refi debt

    Australian energy retailer Alinta Energy has this week called on the federal government to step in and help refinance debt on its Loy Yan B coal fired power station in Victoria having exhausted private avenues

  • Clearway to take bids for district energy biz

    Clearway Energy Group is planning to take first round bids over the coming weeks for the sale of its district energy platform

  • Investor consortium snags Panamanian gas-fired asset

    A consortium of investors led by InterEnergy Group has purchased a 670MW gas-fired project in Panama, which has been in the works for the better part of the last decade