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EXCLUSIVE Panda closes refinancing for Temple I

Panda Power Funds closed the $405 million refinancing of its Temple I gas-fired facility this morning (6 March 2015)

EXCLUSIVE 3i and Mitsubishi seek London Array OFTO refinancing

Sponsor Blue Transmission is negotiating with lenders for the refinancing of its £459 million (US$698.9 million) acquisition of the London Array offshore wind farm transmission assets in the UK

Colombian government reopens Isagén prequalification

The Colombian Ministry of Finance and Public Credit (Minhacienda) said yesterday (3 March 2015) that it has reopened the request for qualifications from potential bidders for its majority stake in the country’s third-largest power generator, Isagén

Final bid deadline for Qatar’s Facility D

Qatar General Electricity & Water Corporation (Kahramaa) has set a final deadline for bids on its Facility D independent power and water project of the end of March 2015

More EIF support for Brooklyn Navy Yard likely in 2015

Energy Investors Funds (EIF) is likely to have to make additional equity contributions to the struggling Brooklyn Navy Yard cogeneration project when the asset faces a $30 million debt maturity later this year

National Grid and Elias make UK-Belgium transmission FID

The UK's National Grid and Elia, the Belgian electricity transmission system operator, have made a final investment decision to develop the 1GW, £500 million ($770 million) Nemo transmission link

EXCLUSIVE Marubeni relocates European power manager

Keiji Okagaki is to leave London, where he was a vice-president at Marubeni Europower, to take up a role at the Japanese trading house's Tokyo headquarters.

EXCLUSIVE GDF Suez and SEC plot mini-perm refi for PP11

A consortium led by GDF Suez and Saudi Electric Company (SEC) has shortlisted a club of roughly 30 lenders to participate in a soft mini-perm refinancing of the Riyadh PP11 independent power project in Saudi Arabia

Iberdrola USA and UIL Holdings to merge

Spanish utility Iberdrola's US subsidiary and the New England-based utility UIL Holdings have agreed to merge

FMO to finance 85MW Nicaraguan hydro

Dutch development bank FMO will partially finance the 85MW Aguas El Carmen hydro power project in the Nicaraguan department of Matagalpa

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