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Latest Asia Pacific News

  • EXCLUSIVE VPE Capital targets $500m for Kazakh Infrastructure Fund

    VPE Capital is looking to deploy a total of $500 million in the next three years from its fund focused on Kazakhstan's infrastructure and energy sectors, with the manager targeting in particular to capitalise on opportunities driven by China's Belt and Road Initiative

  • New CEO at mining giant BHP

    Anglo-Australian mining giant BHP has named internal candidate Mike Henry as its new chief executive, with Andrew Mackenzie retiring on 31 December

  • Oil Search shortlists one adviser on PNG biomass hybrid

    Oil Search’s wholly-owned SPV has shortlisted one adviser to a multifaceted biomass power plant and solar farm project in Papua New Guinea, following a month-long review

  • Inner Mongolia Energy Engineering transfers coal-fired stake

    Inner Mongolia Energy Engineering has signed an equity cooperation agreement with its JV partner and a Huainan Mining (Group) Co subsidiary involving the transfer of a 26.91% equity interest in the SPV of a 1,320MW coal-fired power plant

  • Siemens to supply Hiep Phuoc 1 power plant expansion

    Siemens is to supply the equipment to upgrade and expand capacity at the Hiep Phuoc 1 power plant near Ho Chi Minh City in Vietnam

  • PXP Energy in talks with Chevron to acquire Malampaya stake

    Filipino upstream gas company PXP Energy is in talks to acquire Chevron’s 45% stake in the Malampaya gas project. At the same time, PXP Energy has submitted an unsolicited proposal to develop an integrated gas hub in Malampaya

  • NAIF offers lifeline to Genex's K2 Hydro

    The Australian government lending pot Northern Australian Infrastructure Facility has pushed back the expiry on its conditional loan funding offer for the 250MW / 2,000MWh Kidston Stage 2 Pumped Storage Hydro project, after retailer EnergyAustralia drew back from signing contracts on the project

  • ARENA to prepare roadmap for Australia's bioenergy sector

    The Australian federal government's Australian Renewable Energy Agency has started work to produce a roadmap for the bioenergy sector − to identify the role the sector could play in helping the country meet its emissions reduction obligations

  • AIIB backs new emerging Asia renewables fund

    The Asian Infrastructure Investment Bank is investing in a new renewables fund focused on emerging Asia − the SUSI Asia Energy Transition Fund

  • Masdar signs Uzbek solar agreements

    Abu Dhabi-based Masdar has signed a PPA and government support agreement with the Uzbek Government to design, finance, build and operate the country’s first PPP solar power plant

  • EXCLUSIVE UPDATE: Details emerge on IFC-backed wind farms in Pakistan

    Details have emerged on a portfolio of six onshore wind farms in Pakistan that are backed by the IFC and are expected to reach financial close imminently

  • Edelweiss in second fundraising round

    India's Edelweiss Alternative Asset Advisors has launched the second fundraising round for its Edelweiss Infrastructure Yield Plus Fund

  • IPO imminent for Absolute Clean Energy

    Bangkok-listed Absolute Clean Energy will publicly list 10% of its shares for the first time on 13 November, bringing in more than $147.6 million to fund five renewable energy projects under development

  • SunPower to spin off cell manufacturing business

    SunPower is narrowing its focus on the development of distributed solar and energy storage projects in North America as it spins off its global cell manufacturing arm into a separate, publicly-traded company

  • Coal India tenders solar

    Coal India is inviting expressions of interest to develop 100MW of solar in the central state of Chhattisgarh