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Enel sells stakes in two Italian generating companies

Cash-strapped Italian utility Enel has offloaded its stakes in two Italian power businesses, selling its 40% holding in SE Hydropower and a 33.3% share in SF Energy, raising €400 million

Psalm receives 12 bids for Mindanao coal IPPA

The Philippines’ Power Sector Assets and Liabilities Management (Psalm) Corporation has received 12 expressions of interest in becoming the effective offtaker of the operational Mindanao coal-fired power project

Mexico's CFE, ICA in power project agreement

Mexico's national electricity commission CFE and local construction firm ICA have entered into an agreement to develop power projects

Ontario agency to appeal court’s PPA price ruling

The Ontario Superior Court has ruled that the Ontario Electricity Financial Corporation (OEFC) incorrectly calculated prices for some of its power purchase agreements

Brazil's Eneva ends power supply contract with MMX

Brazilian power generator Eneva announced yesterday (13 April 2015) that it has agreed to terminate power supply contracts entered into with MMX Mineração e Metálicos and its subsidiaries

Salalah IWPP sponsors to submit refinancing proposal

A Sembcorp-led consortium intends to submit a refinancing proposal for the Salalah independent water and power plant to Oman Power and Water Procurement Company (OPWP) in the next few weeks, having undertaken market soundings

Samsung appoints FA for Vung An

Sole sponsor Samsung C & T is understood to have appointed SMBC as financial adviser for he proposed 1200MW Vung Ang 3 coal fired power project in Ha Tinh, northern Vietnam

IDFC to acquire Indian power project stake

Private equity firm IDFC Alternatives second infrastructure fund, India Infrastructure Fund II, is acquiring a 23.5% stake in the 726MW Palatana gas-fired power project in Tripura, India

Vietnam Electricity signs on Duyen Hai 3 power plant

State-owned Vietnam Electricity (EVN) has signed $683 million in financing for its 688MW Duyen Hai 3 coal-fired power project in the Tra Vinh Province of Vietnam

Aramco and SEC issue RFP for Fadhili CHP

State-owned companies Saudi Aramco and Saudi Electric Company (SEC) have issued the request for proposals to the prequalified bidders for the Fadhili combined heat and power project in Saudi Arabia

Nuclear fusion project gathers pace with grid build deal

ITER, a $7 billion nuclear fusion power plant development, has ramped up activity after handing a €30 million design and construction contract for the French project to Ferrovial Agroman

EXCLUSIVE CPV picks lead banks for Valley Energy Center

Competitive Power Ventures (CPV) has mandated Crédit Agricole and Mitsubishi UFJ Financial Group as initial joint lead arrangers for debt backing the 650MW Valley Energy Center project in New York, IJGlobal has learnt