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Banks circle Moxie Freedom

Several banks have circled debt backing the Moxie Freedom gas-fired project in Pennsylvania, as the deal remains on track to close in early to mid-November 2015, IJGlobal has learnt

EGCO acquires final shares in Quezon power

EGCO has acquired the remaining 2% of shares in the 503MW Quezon coal-fired power project in the Philippines, from PMR Holdings for a total cash consideration of $15.027 million

EXCLUSIVE Bidders enter “refined” offers for Dubai's Hassyan coal-fired

Acwa Power and Kepco’s bids for the Dubai Electricity and Water Authority’s (DEWA) 1,200MW Hassyan coal-fired project were “refined” last month with Acwa entering a more aggressive price, sources have said

EDF awaits Chinese equity decisions for Hinkley Point C

EDF is yet to convince Chinese shareholders to finalise a deal to take up to a 40% stake in the £24.5 billion ($37.26 billion), 3.2GW Hinkley Point C nuclear power project in Somerset, England

BOT contract signed for Vung Ang 2

CLP Holdings, Mitsubishi and Refrigeration Electric Engineering have finally signed the BOT contract for the roughly $2.5 billion Vung Ang 2 power project in Vietnam

Mexico's CFE names preferred bidder for distribution project

State power company CFE has selected a consortium comprising Eléctricas de Medellín Ingeniería y Servicios and Edemtec to develop a project which will limit losses in the power distribution system of the Mexican state of Morelos

Bids due for Australia’s Iona gas storage

EnergyAustralia, and its adviser Lazard, has asked interested parties to submit binding proposals for the sale of its Iona gas storage facility today

EXCLUSIVE Kuwait to launch RFP for advisers

The Kuwait Authority for Partnership Projects (KAPP) is due to launch a request for proposals to find a legal advisor to aid with its public-private partnerships program, sources have told IJGlobal

Nigeria’s Azura-Edo gets final approval

The Nigerian government has granted its final approval for the 450MW Azura-Edo gas-fired power project – the last major condition precedent prohibiting the project from reaching financial close

EXCLUSIVE Second lien lender emerges on Invenergy Thermal

AMP Capital has emerged as the sole lender on Invenergy Thermal Operating I’s $200 million second lien, term C debt, IJGlobal has learnt

CFE awards Noreste IPP to Iberdrola

Mexico’s state power company CFE has awarded a contract to Iberdrola to develop the Noreste combined cycle natural gas project in the state of Nuevo Leon

Drax exits from White Rose carbon capture and storage

British power producer Drax will cease investment in the White Rose carbon capture and storage (CCS) project once the feasibility study is complete, it said in a statement today (25 September 2015)

Balfour Beatty and Equitix win Humber Gateway OFTO

UK energy regulator Ofgem has selected the consortium of Balfour Beatty and Equitix as preferred bidder for the Humber Gateway offshore transmission assets

Vattenfall invites bids for German lignite plants

European energy company Vattenfall has invited bids for 8,100MW of German lignite assets being sold by auction which could fetch up to €3.5 billion ($3.9 billion). The company also opened an auction for 10 hydro assets

Ares-EIF buys GE EFS’ Linden Cogen stake

Ares-EIF has emerged as the buyer of GE Energy Financial Services’ (GE EFS) 50% stake in the 943MW Linden Cogen gas-fired plant in New Jersey

HSBC joins bank club for KalSel coal-fired

HSBC has joined the bank club for the roughly $450 million KalSel independent power producer project financing in Indonesia

CPV to sell its stake in Sentinel to Partners Group

Competitive Power Ventures (CPV) has agreed to sell its 25% stake in the Sentinel gas-fired facility in California to PG Coachella Power Holdings, a Partners Group-managed entity