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PLN appoints Black & Veatch for power programme

PLN has appointed US engineering & consulting firm Black & Veatch to carry out the conceptual design work for a range of small power projects in Indonesia totaling 2GW in capacity

Ares to buy Kayne Anderson

Ares Management has agreed to buy Kayne Anderson Capital Advisors for $2.55 billion

Oman Oil and LG close on Musandam IPP

The Oman Oil Company (OOC) and LG International (LGI) have closed financing for the OR100 million ($260 million) 120MW gas-fired Musandam independent power plant in Oman

AFC seeks additional sponsor for Singrobo hydro

The African Finance Corporation (AFC) is looking for a strategic partner to join the sponsor group for the 44MW Singrobo hydropower project in Côte d’Ivoire, a source close to the deal told IJGlobal

Price talk emerges on Invenergy term loan B

Lenders are pitching pricing of 525-550bp over Libor on the $537 million Invenergy term loan B that launched 17 July 2015, IJGlobal has learnt

Ronesans agrees takeover of Ballast Nedam

Turkey's Rönesans Construction has reached conditional agreement to make a €30 million ($33 million) public offer to acquire troubled Dutch builder Ballast Nedam

Financing takes shape for Georgia hydro

Korea’s K-Water is talking to lenders and targeting a March 2016 financial close for its $1 billion, 280MW Nenskra hydro project in Georgia

EXCLUSIVE NSW issues IM for sale of Australia's TransGrid

The New South Wales government has today issued an information memorandum to bidders for the roughly A$9 billion TransGrid privatisation

Aboitiz closes Therma Visayas financing

An Aboitiz led joint venture has closed a Ps32 billion debt financing for the Therma Visayas power plant in the Philippines

France's AFD considers Cemig GT financing

The French Development Agency (AFD is considering a loan of up to €100 million ($109 million) to Cemig Geração e Transmissão (Cemig GT), for investments in strengthening and improvement of transmission infrastructure

Texas University issues RFQ for power plant PPP

The Texas State University has issued a request for qualifications (RFQ) to develop a new combined heat and power system (CHP) at its San Marcos campus

EXCLUSIVE FinnFund joins financing for Rwanda peat power

FinnFund has joined the financing for the 80MW peat-power project in Rwanda as a junior lender, IJGlobal can exclusively reveal

Thailand's Ratch appoints new CEO

Thailand’s Ratchaburi Electricity Generating Holding has appointed Rum Herabat as its new chief executive officer

EU to recruit committee members for Juncker Plan

The European Investment Bank (EIB) and the European Commission are recruiting to form the investment committee for the European Fund for Strategic Investment (EFSI)

Delays for Malaysia’s 4A

Tenaga and SIPP Energy are being held up signing a power purchase (PPA) for the 1,000MW gas-fired 4A power project as the two sponsors have yet to decide on the shareholding structure for the project, according to local media reports

PPA signing nears for Indonesia's TJB2

Sponsors Sumitomo, Toshiba, Mitsui and Mitsubishi are close to agreeing a power purchase agreement (PPA) for the 2,000MW expansion of the Tanjung Jati B power project in Indonesia