Latest News

Latest Power News

  • NextEra buys transmission cable company from Steelriver

    NextEra Energy has completed the acquisition of California-based Trans Bay Cable from Steelriver Infrastructure Fund North America

  • SGN and Murphy create JV utility

    SGN and J Murphy & Sons have entered into a new 50:50 joint venture in utility asset ownership – with SGN acquiring 50% ownership in Murphy Utility Assets

  • Merchant CCGT hits market for refi

    Amid a flurry of refinancing activity for combined-cycle gas-fired projects in PJM Interconnection in the bank market, a term loan B deal has been launched to refinance the CCGT that in 2012 became the first merchant plant to be financed in the US since the 2008 financial crisis

  • IJInvestor Funds & Investors Report − H1 2019

    The IJInvestor Funds & Investors Report − H1 2019 has just been published, detailing all global infrastructure fundraising and M&A activity during the first half of this year

  • Bowmans' Carter joins Pinsent Masons in Johannesburg

    Pinsent Masons has appointed a new partner in its Johannesburg office who has a focus on infrastructure and energy M&A transactions

  • HSF hires team from Paul Hastings in Milan

    Herbert Smith Freehills has boosted its energy and infrastructure practice in Italy with two partners and four associates from Paul Hastings

  • Louisiana Teachers invests in GIP IV

    Teachers' Retirement System of Louisiana has invested a $50 million ticket into Global Infrastructure Partners IV

  • Jefferies remixes term loan B offering for GenOn

    Jefferies is marketing a modified version of a term loan B package for a portfolio of legacy generation assets that GenOn Holdings held onto when it emerged from bankruptcy toward the end of last year, having reduced the leverage and boosted the pricing on the deal since it was first floated a month ago

  • Greek coal-fired power assets attract zero bids

    The deadline to submit binding bids for two coal-fired power plants – Meliti and Megalopoli – owned by Greek electric utility Public Power Corporation has come and gone – without attracting any bids for the assets

  • Puerto Rico issues RFQ for generation facility P3

    The Puerto Rico Public-Private Partnerships Authority in collaboration with the Puerto Rico Electric Power Authority has issued an RFQ for a private partner to design, permit, finance, construct, manage, operate and maintain a generation facility

  • PJM pair compete for capital

    Two sponsor groups that financed quasi-merchant gas-fired assets three years ago in PJM Interconnection are bringing them to market for refinancing, ahead of the fast approaching capacity auctions next month

  • Bank mandated for PJM CCGT refi

    A bank has been mandated to hunt debt for the refinancing of a quasi-merchant combined-cycle gas-fired project in PJM Interconnection, which is expected to launch into the bank market soon

  • Personnel change at NTE

    NTE Energy’s project finance team saw a recent change, as its director of finance Eric Sieckmann left the company after two years

  • Brookfield issues shares for listed fund

    New York-listed Brookfield Infrastructure announced today that it is going to issue 11,765,000 LP units to a syndicate of underwriters co-led by RBC Capital Markets, TD Securities, CIBC Capital Markets, Credit Suisse and Wells Fargo Securities Canada

  • EXCLUSIVE Assured Guaranty looks to diversify Asian investor base

    As it looks to build up its portfolio of infrastructure debt wraps in Australasia, monoline insurer Assured Guaranty has its eyes on expanding its investor client base in Asia, IJGlobal has learnt