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Singapore’s Keppel raises funds for acquisition

Singapore’s Keppel Infrastructure Trust has raised S$525 million through a private placement and preferential offering to fund its acquisition of the 1,300MW combined cycle gas-fired Keppel Merlimau cogen plant.

Limak and InfraMed close on Turkey's Hamitabat gas-fired

Limak Yatirim and InfraMed Infrastructure have reached financial close on the 1,156MW Hamitabat combined cycle generating technology (CGGT) plant with lenders including UniCredit, ING, Yapi Kredi, KfW, and DZ Bank

Mitsui and Acwa sign PPA for Salalah 2

A consortium led by Mitsui and Acwa Power yesterday (25 May 2015) took a step closer to financial close on the Salalah 2 independent power procurer project in Oman, when it signed several project documents, including its power purchase agreement

Engro seeks debt for Thar coal-fired

An Engro-led consortium has been signed an implementation agreement with Pakistan’s Ministry of Water and Power for the development of the 660MW Thar coal power project in Sindh, Pakistan

EIB approves funding for four energy projects under Juncker Plan

The European Investment Bank’s (EIB) board has announced new investment into energy efficiency, renewables generation, and energy infrastructure under the Juncker plan as part of over €8 billion ($8.9 billion) of financing for 21 projects approved this week

EXCLUSIVE Bank approvals for Rwandan peat power

The sponsor group, led by Hakan Mining, for the 80MW peat power project in the Akanyaru Valley in Rwanda is hoping to sign on a $320 million financing for the development in September, with two banks having now had their lending approved

Cobra wins Valle de Mexico II combined cycle

A consortium comprising Cobra Instalaciones y Servicios, Avanzia Instalaciones and Initec Energía has won a contract to develop the 615MW Valle de Mexico II combined cycle project in Mexico

AFC launches financing for Singrobo hydro in Cote d’Ivoire

The African Finance Corporation has this week begun debt discussions with potential lenders on the 44MW Singrobo hydropower project in Cote d’Ivoire, after signing a joint development agreement with Ivoire Hydro Energy (IHE) on 18 May 2015

RFP deadline extended for Indonesia's S9 & S10 power

PLN has extended the deadline for the submission of request for proposals for the 1,2000MW Sumsel 9 and 600MW Sumsel 10 mine-mouth coal-fired power projects by one month from 18 May to 17 June

Spain's Abengoa replaces chief executive

Abengoa chief executive Manuel Sanchez Ortega has resigned with immediate effect, with the Spanish multinational promoting subsidiary Abengoa Yield chief executive Santiago Seage as his replacement

EXCLUSIVE Moxie Energy begins debt talks for Moxie Freedom

Moxie Energy has reached out to lenders about a debt financing for the 900MW Moxie Freedom gas-fired project in Pennsylvania, IJGlobal has learnt

IFC invests in China Tian Lun Gas

The IFC has signed a $150 million equity investment in natural gas distributor China Tian Lun Gas

ACWA approaches lenders over Vietnam coal

Saudi Arabia’s ACWA Power and Korea’s Taekwang Power are understood to have started informal talks with financiers for their $2 billion Nam Dinh 1 IPP project, a 1,200MW coal fired power project in Vietnam

EXCLUSIVE University of Northampton to tender residences development

The University of Northampton will put a notice for development of new student residences on the Official Journal of the European Union (OJEU) later this year as part of its new £330 million Waterside Campus

EXCLUSIVE Panda seeks lenders for Pennsylvania's Hummel power

Panda Power Funds has reached out to lenders to gauge interest in debt backing the 1000MW Hummel Station gas-fired project in Pennsylvania, IJGlobal has learnt