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Latest Power News

  • Hamriyah IPP reaches financial close

    A Sumitomo-led consortium has reached financial close on the first IPP in the Emirate of Sharjah – the $1.4 billion, 1.8GW combined-cycle Hamriyah power plant

  • Gravity Renewables buys NY hydro

    Gravity Renewables, an owner and operator of small-scale hydro projects, has added to its fleet in New York State

  • Study agreed on first Uzbek NPP

    Russia and Uzbekistan have agreed to survey a site for the first Uzbek nuclear power plant

  • Argentina postpones transmission auction

    Argentina's energy ministry has postponed to 5 September the deadline to present bids for the construction of the ultra-high-tension 500kV Río Diamante - Nueva E.T. Charlone transmission line

  • Lazard appoints deputy CEO of financial advisory

    Matthieu Pigasse, currently Lazard's global head of M&A, chairman and chief executive of France and global head of sovereign advisory, has been appointed to global head of banking and deputy CEO of financial advisory

  • MUFG revises policy on coal-fired projects

    MUFG has set new sustainable finance goals and revised its environmental and social policy framework, with a new ban on financing for new coal-fired power generation projects as of 1 July

  • Sev.en Energy to buy Czech coal-fired plants

    Czech power producer Sev.en Energy has signed an agreement to buy two Czech coal-fired power plants from a Swiss utility

  • Debt talks in progress for Facility D IWPP expansion

    Mitsubishi and TEPCO are liaising with the retained lender team for the $500 million, 280,000 cubic metres per day expansion of the Facility D independent water and power project, located south of the capital city of Doha

  • Greenberg Traurig expands Houston office

    Steven Rubin has joined Greenberg Traurig’s corporate practice as of counsel

  • MIGA mulls guarantee for Cambodia transmission

    The board of a multilateral financial institution will next month consider guaranteeing lending from international banks to Cambodia's first foreign-owned build-own-transfer 230kV power transmission project

  • Carlyle joins Arclight in term loan B mart

    The Carlyle Group has followed Arclight Capital Partners into the leveraged loan market with a similar dividend recapitalization deal for a thermal generation portfolio company

  • Three Rivers lender group takes shape

    A group of eight lenders are said to be putting together the financing for Competitive Power Ventures' 1,250MW Three Rivers Energy Center combined-cycle gas-fired project in PJM Interconnection

  • Brazil postpones A-6 power auction

    Brazil’s mine and energy ministry, MME has postponed the long-term power auction A-6

  • Climate Fund Managers invests in Uganda hydro platform

    Netherlands-based Climate Fund Managers has signed a partnership with another fund manager Berkeley Energy to develop power projects under an 112MW run-of-river hydropower platform in Uganda, starting with a $70 million investment into the 42MW Achwa 1 hydro project

  • Morgan Stanley in second close for India fund

    Morgan Stanley has reached a $104.25 million second close on its North Haven India Infrastructure Partners, bringing the fund’s commitments to date to $404.25 million