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Actis plots Kribi gas-fired expansion

Actis subsidiary Globeleq is speaking to lenders regarding a planned expansion of the generating capacity of the Kribi gas-fired power plant in Cameroon which it acquired a controlling stake in from AES last year

OECD calls for UK to strengthen and expand remit of GIB

The Organisation for Economic Co-operation and Development (OECD) has called for the UK to strengthen the Green Investment Bank and other targeted financial aids as well as improve public-private partnership (PPP) infrastructure financing

OPWP reviews Salalah 2 bidder discussions

Bidders on the Salalah 2 independent power project in Oman are hoping for a preferred bidder announcement in the next few weeks, after further talks with granting authority Oman Power and Water Procurement Company

Sponsors close to acquiring land for Central Java power

The sponsors for the roughly $4 billion Central Java power project in Indonesia are reportedly close to reaching an agreement with PLN to acquire the final land parcels for the project

PiP to launch solar fund with Aviva

British insurance company Aviva and the Pensions Infrastructure Platform (PiP) are to launch a £250 million ($388.3 million) solar PV fund as PiP plans its next, £1 billion fund

EIB considers Tumarin hydro loan in Nicaragua

The European Investment Bank (EIB) is considering a loan of €130 million ($148 million) for the 253MW Tumarin hydro power project and other transmission investments in Nicaragua

EXCLUSIVE Bidders unofficially pull out of S9&10 power

Some of the shortlisted bidders have ceased working on proposals for the 1,200MW Sumsel 9 and 600MW Sumsel 10 mine-mouth coal-fired power projects in South Sumatra, according to two sources familiar with the deal

Blackstone Energy Partners II reaches close

Blackstone has reached close on the Blackstone Energy Partners (BEP) II fund with more than $4.5 billion in commitments

Equity talks continue for delayed Hinkley C nuclear project

Sponsor EDF Energy is pressing ahead with plans to finalise the equity club for its £16 billion ($24.6 billion), 3.2GW Hinkley Point C nuclear plant in the UK despite announcing delays and contending with legal challenges to the project

Orascom plans share offering

Egyptian developer Orascom Construction is hoping to raise more than $200 million through a share offering of 15% of its total equity capital in the next few weeks, the company said in a statement yesterday (19 February 2015)

Panda to build 1,000MW Hummel Station

Panda Power Funds has emerged as the equity investor for Corona Power's 1,000MW combined-cycle, gas-fired power project in Snyder county, Pennsylvania

OPWP seeks adviser for Musandam IPP

The Oman Power and Water Procurement Company (OPWP) has launched a tender to select a project management and technical consultant for the 120MW Musandam independent power project

Vietnam’s Vung Ang 2 nears BOT agreement

CLP Holdings, Mitsubishi and local developer Refrigeration Electric Engineering are understood to be close to signing a BOT contract with the Vietnamese government for the roughly $2.5 billion Vung Ang 2 power project in Vietnam

EIF closes bond for Pio Pico gas-fired

Energy Investors Funds (EIF) on 11 February 2015 closed a $443 million private placement for the Pio Pico gas-fired project in California, IJGlobal has learnt

ProInversión awards 220kV Azángaro-Juliaca-Puno transmission line

Peru’s investment promotion agency ProInversión has awarded the 220kV Azángaro-Juliaca-Puno transmission line concession to a consortium comprising Spain's Red Eléctrica Internacional and local asset manager AC Capitales SAFI

Viridian closes bond refinancing

Irish power generator and distributor Viridian has closed its €600 million senior secured bond refinancing