Latest Power News

  • Dominion picks successor to CEO Farrell

    Dominion Energy has reshuffled its top leadership team as long-serving chief executive Thomas Farrell is appointed executive chairman

  • Brookfield gets green light for TerraForm merger

    Brookfield Renewable Partners (BEP) is set to buy all of the outstanding publicly-traded shares of its yield company, TerraForm Power, after TerraForm's stockholders voted in support of the transaction

  • Credit Suisse merges infra and power, oil and gas groups

    Credit Suisse has combined its infrastructure, utilities and renewables group with its oil and gas group to form a new global investment banking team covering energy and infrastructure

  • Bangladesh’s largest IPP signs debt

    The project company of a 745 MW CCGT power plant project about 40km southeast of Dhaka has signed a $642 million loan agreement, following the signing of the EPC contract last month

  • Advisory bids in for Kuwaiti IWPPs

    KAPP has received 4 bids for the re-issued transaction advisory services tender for 2 projects – the Al Khairan and Az-Zour North 2 IWPPs

  • Myanmar unbundles New Yangon City plan

    The Government of Myanmar would split up the Yangon New City project into smaller projects for tender, revealed Minister U Thaung Tunon in an investment seminar on 29 July

  • Investors eye wave of M&A in Mexico in the fall

    Bankers, developers, and institutional investors expect activity in power and renewable energy assets in Mexico to pick up in the fall after a pause brought about by the combined impact of the pandemic and political, regulatory and legal uncertainty

  • Indonesia coal-fired nears debt signing

    The sponsors of the 2GW coal-fired power plant Java 9 & 10 in Indonesia are expecting to sign the project debt by the end of August, IJGlobal has learned

  • Korea bills call for end to coal financing abroad

    South Korean lawmakers this week have proposed 4 bills in the National Assembly that would prohibit government-backed institutions from funding coal projects

  • Brookfield, PSP sell Texas transmission asset

    Brookfield Asset Management and Canada's Public Sector Pension Investment Board have sold Wind Energy Transmission Texas (WETT) to a consortium of investors.

  • EXCLUSIVE Arroyo nears financial close for Mexico refi

    Arroyo Energy is nearing financial close on the refinancing of a gas-fired project in Mexico, with 2 banks arranging the debt package

  • FERC approves El Paso Electric sale

    JP Morgan Investment Management's $4.3 billion acquisition of El Paso Electric has received the go-ahead from the US Federal Energy Regulatory Commission

  • NRG to buy Direct Energy

    NRG Energy has signed a deal to acquire retail electric and gas provider Direct Energy from the UK's Centrica for $3.625 billion in an all-cash transaction

  • EXCLUSIVE Debt financing launched for Whistler gas pipeline

    Austin-based energy infrastructure company WhiteWater Midstream is looking to back-lever its equity position in the 450-mile Whistler natural gas pipeline in Texas

  • BP nixes Midwest CCGT sale

    BP Energy Co has canceled the sale of a majority stake in a gas-fired cogeneration plant in the Midwest