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LNG Chile awards regasification contracts

Three power generators in Chile have won regasification contracts for liquefied natural gas from LNG Chile, owner of the GNL Quintero terminal

Acwa and Mitsui close on Salalah II IWPP

Acwa Power and Mitsui have reached financial close on the 445MW Salalah II independent water and power producer (IWPP) project in Oman

Bids due for Sohar/Ibri IPP

Bids are due for the approximately 3,000MW Sohar/Ibri independent power project (IPP) in Oman this Sunday (30 August 2015), sources close to the procurement told IJGlobal

Denham and Nexif sign Asian power partnership

Denham Capital and Nexif have signed an agreement to partner on the development and acquisition of power and renewable energy assets in Southeast Asia

B. Grimm signs SPP financing

B. Grimm Power has signed a Bt3.4 billion financing with two banks to finance two SPP projects in Thailand

Argo closes Cross Sound acquisition

Argo Infrastructure Partners has closed its acquisition of the Cross Sound Cable transmission line from Brookfield Asset Management

EXCLUSIVE IFC launches syndication for Iraq’s Zakho gas-fired IPP

The International Finance Corporation (IFC) launched the debt syndication for the initial phases of Unit Investment’s Zakho natural gas-fired independent power project (IPP) late yesterday (25 August 2015) after some minor delays, according to sources

IFC considers lending to Karot hydropower

The International Finance Corporation (IFC) is considering lending to the $2 billion 720MW Karot hydropower project in Pakistan

Seven prequalified for Al-Khairan IWPP in Kuwait

Kuwait Authority for Partnership Projects (KAPP) has prequalified seven bidding groups for the 1,800MW Al-Khairan independent water and power producer (IWPP) project

PLN to prequalify bidders for Java-1 gas-fired

Indonesian state utility PLN is expected to issue a list of prequalified bidders for the 2x800MW Java 1 gas-fired combined cycle power project imminently

Hydro One hires new CEO

Toronto-based utility Hydro One has hired Mayo Schmidt as chief executive officer (CEO) and president

Indonesia's Cirebon expansion out to banks

Marubeni and its financial adviser ING have started sounding out banks about the 1,000MW expansion of the Cirebon independent power producer project in Indonesia

EXCLUSIVE Lenders float pricing for Moxie Freedom

Lenders have floated pricing of 325-350bp over Libor for debt backing Moxie Energy and Caithness Energy’s Moxie Freedom gas-fired project in Pennsylvania, IJGlobal has learnt

Preferred bidder imminent for Dubai's Hassyan coal-fired

The Dubai Electricity and Water Authority (DEWA) is expected to announce a preferred bidder for the 1,200MW Hassyan coal-fired independent power project (IPP) in the coming weeks

Kuwait’s Az Zour North IWPP Phase II bidders prequalified

The Kuwait Authority for Partnership Projects (KAPP) has prequalified seven out of eight bidders for the second, 1.5GW phase of the Az Zour North (AZN) independent water and power producer (IWPP) project

EXCLUSIVE Mongolia’s CHP5 mandates four lenders

The sponsors for the roughly $1.5 billion CHP5 combined heat and power project have mandated four banks for the financing

Constellation to finance Bloom Energy projects

Exelon Corporation subsidiary Constellation has agreed to provide equity for Bloom Energy’s planned 40MW of fuel cell projects across the US