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Platinum Power plans Cameroon hydro

Brookstone Partners subsidiary Platinum Power has signed a framework agreement with the government of Cameroon to develop a 400MW hydro power project under a PPP structure

AES Gener to market Ventanas bond

Chile's AES Gener has launched a 144A Reg/S bond issuance of up to $450 million to repay project debt for the Nueva Ventanas coal-fired power plant in Valparaíso, Chile

Ethiopia to seek commercial debt for new renewables

The government of Ethiopia is hoping to attract significant foreign investment for a new slate of renewable power projects it is looking to develop in the country

West of Duddon Sands OFTO acquisition nears financial close

Sponsors 3i Infrastructure and Macquarie Capital are targeting a third quarter 2015 financial close for its £296 million ($462.1 million) acquisition of the 389MW West of Duddon Sands wind farm offshore transmission (OFTO) assets in the UK

WFW hires project finance partner in Paris

Watson Farley & Williams has hired Guillaume Ansaloni as project and structured finance partner in its Paris office

FCC and Carso sign Americas JV

Spanish construction company FCC has entered into a 50:50 joint venture agreement with Carlos Slim's group Carso Infraestructuras Y Construcción for the development of projects across the Americas

Fitch downgrades several Brazilian construction companies

Fitch has downgraded the ratings of three Brazilian engineering and construction (E&C) companies, following a number of recent corruption scandals in the country involving contractors

GE EFS shortlists on Linden Cogen sale

GE Energy Financial Services (GE EFS) has invited a handful of bidders to the final round of its sale of a 50% stake in the 942MW Linden Cogeneration plant in New Jersey, IJGlobal has learnt

Investec launches holdco debt on Caithness Long Island

Caithness Energy has mandated Investec to lead a $200 million holding company-level debt financing on the Caithness Long Island facility in Brookhaven, New York, IJGlobal understands

US Supreme Court rejects EPA’s emissions regulations

The US Supreme Court on Monday (29 June 2015) rejected federal regulatory standards intended to limit the emissions of mercury, acid gas and sulphur dioxide at coal- and oil-fired plants

EXCLUSIVE Three bidders left for Oman’s Sohar/Ibri IPP

Three bidding groups remain in contention for the roughly 3,000MW Sohar/Ibri independent power project in Oman after a joint venture between Mitsubishi and Mubadala dropped out of the tender, a source close to the procurement told IJGlobal

Hogan Lovells energy partners leave for Orrick

Hogan Lovells energy partners Matthew Williams, John Deacon and Edward Humphries will join law firm Orrick as partners in its London office

UK outlines second power capacity auction

The UK government has set out its plans for the country’s second power capacity auction, which will procure an additional 45.4GW of backup supply for 2019 to 2020

Strong appetite among banks for Panama thermal

International lenders, among them Spanish and Japanese, are showing strong appetite for thermal projects, which are expected to compete for power purchase agreements (PPAs) in a government-led tender to be held in Panama

Saudi Arabia’s Fadhili CHP delayed again

Saudi Aramco and Saudi Electric Company (SEC) have pushed back the deadline for bidders submissions for the Fadhili combined heat and power project in Saudi Arabia

NSW launches ‘poles and wires’ privatisation tender

The New South Wales government has today issued a call for expressions of interest for the roughly A$20 billion ‘poles and wires’ privatisation, the sale of the state’s electricity network

Vattenfall sells final Danish coal plant

Sweden’s Vattenfall is to sell its 410MW Nordjylland coal-fired power plant in Denmark to district heating company Aalborg Forsyning for DKK 823 million ($123.6 million)