Latest Power News

Top Story

Sempra Energy preps MLP

Sempra Energy is planning to launch a master limited partnership (MLP) that features a yieldco-like corporate subsidiary, company executives said

Intergovernmental agreement for Rusatom’s Zarqa nuclear

The Russian Federation and the Kingdom of Jordan have signed an intergovernmental agreement covering the development of the new 2,000MW Zarqa nuclear plant in the kingdom

ProInversión releases draft hydro agreement

Peru's private investment agency ProInversión has published the first version of the contract for the forthcoming tender for 1,200MW of hydro power capacity

DEWA postpones bidding again for Hassyan coal-fired

The Dubai Electricity and Water Authority (DEWA) has once again extended the deadline for bid submissions for the 1,200MW Hassyan coal-fired power plant, the third delay in six months

Norway-Germany power cable ready by 2020

The development of the €2 billion ($2.2 billion) NordLink, a 1.4GW high-capacity power cable set to run between Norway and Germany, has ramped up as contracts are handed out for the project

Miga considers guarantee for Ressano Garcia gas-fired

The World Bank’s Multilateral Investment Guarantee Agency (Miga) is weighing up providing a guarantee covering part of the debt being raised to fund the new 175MW Ressano Garcia gas-fired power plant in Mozambique

Ofgem to tender onshore transmission assets

The UK’s national grid is set to be overhauled, with transmission assets to be put out to tender much like the its offshore transmission network

EXCLUSIVE ACWA and Mitsui seek quick signing on Salalah 2

A consortium led by ACWA Power and Mitsui are hoping to sign the financing for the Salalah 2 independent power project in Oman within weeks, having been officially confirmed as the winning bidder in the last few days

EXCLUSIVE ISA nears close on Chile transmission lines

Colombian state-owned transmission operator Interconexión Eléctrica (ISA) is nearing close on the debt-financing for the Cardones-Polpaico transmission project in Chile, according to sources close to the deal

Colbún eyes Isagén sale

Chilean utility Colbún has expressed an interest in the Colombian government’s majority stake in power generator, Isagén, according to local media reports

EXCLUSIVE Toyo Thai expects government approval for Myanmar coal-fired in Q2

Toyo Thai is confident that the memorandum of agreement (MOA) for its 1,280MW coal-fired power project in Myanmar’s Mon state will be signed with the government of Myanmar in Q2 2105, according to a source familiar with the dea

EBRD weighs up Spanish gas networks loan

The European Bank for Research and development (EBRD) is considering a €125 million ($132.8 million) loan to Spanish gas transmission business Redexis for a suite of new gas distribution project

PLN to start acquiring land for Central Java

PLN is starting the process next week of acquiring the remaining 13% of land for the $4 billion Central Java project in Indonesia

Mongolia’s CHP5 makes PPA progress

The project documents for the $1.2 billion CHP5 combined heat and power plant in Mongolia are nearly finalised, paving the way for the power purchase agreement (PPA) to be signed by the sponsors and the Government of Mongolia, according to a source on the deal