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Legal & General hires from Moody’s

LGIM Real Assets has appointed Declan O’Brien as infrastructure strategist, in a wider effort to upscale its infrastructure practice

PPA signed for Indonesia’s Bengkulu

Sinohydro and local mining company Intraco Penta have signed a power purchase agreement (PPA) with PLN for the Bengkulu project in Indonesia

CFE places local bond issuance

Mexico's state-owned power company CFE has placed an Ps8 billion bond issuance

China Three Gorges wins big in Brazil hydro auction

China Three Gorges (CTG) bid for and won rights to two operational power plants with a combined installed capacity of nearly 5GW in a tender held by Brazil's national power agency, Aneel, yesterday (25 November 2015)

Philippines’ San Buenaventura signs

Meralco and EGCO have signed a Ps56.2 billion ($1.2 billion) financing for the San Buenaventura power project in the Philippines

UK axes carbon capture and storage programme

The UK government has axed its £1 billion ($1.51 million) carbon capture and storage (CCS) programme, ending the development of one project and putting another backed under the scheme into doubt

MIDIS hires new managing director

Agnes Mazurek has joined Macquarie Infrastructure Debt Investment Solutions (MIDIS) in London as managing director

Hastings consortium wins TransGrid privatisation

The consortium led by Hastings Fund Management has won the auction for the 99-year lease of New South Wales electricity distribution company TransGrid

Tenaga closes sukuk financing for Malaysia's 3B

Tenaga Nasional Berhad (TNB) and Mitsui have closed a MYR8.98 billion ($2.14 billion) sukuk issuance for the Track 3B coal-fired power project in Malaysia

Capstone Infrastructure 'considering sale'

Capstone Infrastructure has confirmed that a corporate review is underway which, according to reports, could lead to a sale of the diversified energy holding company

CGN Power agrees deal for 1MDB’s Edra

China General Nuclear Power Corporation has signed an agreement to acquire 1MDB’s power unit, Edra Global Energy, for a total cash consideration of M$9.83 billion

CPV exits Sentinel gas-fired plant

Partners Group has closed the acquisition of Competitive Power Ventures’ 25% stake in the Sentinel Energy Center gas-fired power plant in southern California, the Swiss-based private equity fund manager announced on 23 November

New RFP date for Indonesia’s S9&10

Indonesia’s PLN has set a new deadline of 18 December for request for proposals (RFP) for the Sumsel 9 & 10 mine-mouth coal-fired power projects

HICL broadens investment targets

UK-listed fund HICL Infrastructure has outlined a broader range of asset targets, as announced in its interim results statement for the six months to 30 September 2015

Duke Energy prices bonds on target

Duke Energy has met its size and pricing targets for the $1 billion in bonds it is due to close this week, according to a 17 November filing with the Securities and Exchange Commission

Three bids for Java 5

PLN is understood to have pulled in three bids for the Java 5 independent power producer project in Indonesia

Winston & Strawn hires in London

Winston & Strawn has hired partner Rebecca Finn and Jason Parker as of counsel in the London office, both with international experience in project finance