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Latest Power News

  • UPDATE: Tlou Energy submits EIA for Botswana CBM

    Australian gas-to-power developer Tlou Energy has submitted an environmental impact assessment for a 100MW coal bed methane power plant and associated transmission lines currently under tender in Lesedi, Botswana

  • PPP specialist joins ADB

    Sheharyar Chughtai has joined Asian Development Bank as a PPP specialist

  • Pakistan mothballs CPEC’s Rahim Yar Khan coal-fired

    Pakistan's government has officially informed its Chinese counterparts that the $1.6 billion Rahim Yar Khan power plant – a China-Pakistan Economic Corridor project – will be scrapped, following a CPEC meeting with Chinese officials held last month

  • Shell, PGGM team up for Eneco

    Shell and PGGM have created a partnership to pursue the purchase of Dutch utility Eneco, for which the market expects an auction process to start in H1 2019

  • EBRD funds Talimarjan CCGT expansion

    The EBRD announced yesterday that it will provide Uzbekenergo with an up-to-$240 million loan – its largest financing in Uzbekistan to date – to expand the capacity of the Talimarjan power complex in Kashkadarya by 900MW

  • Ørsted's Radius sale cancelled due to government opposition

    The sale of Ørsted's Danish power distribution and street lighting businesses, Radius and City Light, has been cancelled following the Danish government informing the power company that “there is no longer political support” for continuing with the process

  • EXCLUSIVE UPDATE: Consortia form for EWE sale

    Consortia including fund managers and institutional investors are forming ahead of the launch of the sale of a 26% stake in German energy, telecoms and IT utility EWE at the end of February or early March 2019

  • Hitachi considers halting construction on Wylfa nuclear

    Hitachi is in talks to this week halt construction on the £20 billion Wylfa Newydd nuclear power plant on the island of Anglesey off the coast of north west Wales

  • AfDB and EC to fund Sub-Saharan projects

    The African Development Bank and European Commission have signed co-financing agreements for a €399 million power interconnection project between Cameroon and Chad, and a €79 million fibre optic scheme in Niger and Chad

  • EXCLUSIVE ADB seeks infra finance consultant in Pakistan

    Asian Development Bank re-launched today an invitation for infrastructure finance specialists with at least 10 years’ experience to express interest in working with Pakistan’s Public Private Partnership Authority, following changes in the terms of reference and cost estimate

  • Mexican CCGT heads for refi

    A quartet of bookrunners are in the market with a debt refinancing for a combined-cycle gas-fired facility with steel sector owner-offtakers in Mexico

  • CPPIB and Votorantim make offer for full control of CESP

    CPPIB and Votorantim Energia – the new owners of Brazilian electric utility CESP – have issued an RFP for the acquisition of the shares it does not own that are traded on the Brazilian stock market

  • Ohio CCGT bookrunners await term loan B refi

    A trio of banks are waiting for market conditions to improve before launching a term loan B refinancing for a combined-cycle gas-fired plant in Ohio

  • IFC to advise on Nigerian energy and infra projects

    The International Finance Corporation has signed a memorandum of understanding with the Lagos State government to advise on energy and infrastructure projects to be procured by the municipal authority

  • Loan signed for Brazilian power complex

    An SPV comprising Prumo Logistics, BP and Siemens has secured a R1.76 billion ($472.2 million) loan with Brazilian development bank, BNDES to finance an LNG-to-power project