LNG Group Panama is expected to close financing on the $1.2 billion Panama NG Power project in either August or September of this year, IJGlobal has learnt
Latest Power News
The UK's National Grid and energy developer RES are working on the first battery energy storage systems to provide a dynamic frequency response service in sub-second timescales in Great Britain
AES Panama has signed a debt financing backing the 380MW Colón combined-cycle power plant and LNG import terminal project in Panama
PJM Interconnection has cut most capacity prices by nearly 40% in its latest capacity auction for 2019 and 2020, lower than analysts predicted
Panda Power Funds has closed the refinancing of its 758MW Sherman merchant gas-fired plant in Texas, according to two sources familiar with the deal
A number of bidders vying to develop the Red Sea-Dead Sea pipeline between Israel and Jordan have had their requests for an extension to the bid submission deadline rejected
Debt details for the Ibri and Sohar 3 natural gas-fired combined-cycle projects in Oman are close to being finalised with around $2 billion of loans in multiple currencies expected to sign soon, IJGlobal can reveal
Advanced Power is expected to launch debt financing for the 1GW Cricket Valley Energy Center power project in New York next month, IJGlobal understands
Japan’s Marubeni and Italy’s Enel have signed a memorandum of understanding to cooperate on jointly developing power generation project opportunities in Asia.
Horizon Nuclear Power, a wholly-owned subsidiary of Hitachi, has appointed Masahide Tanigaki as the new chairman to its board of directors
Indonesia’s state utility PLN has decided to demand a 10% upfront payment from bidders for potential independent power producer (IPP) projects, IJGlobal can exclusively reveal.
The process of selling off Oncor Electric Delivery Company from the bankrupt Energy Future Holdings has started from scratch after regulators denied the existing buyer consortium the right of first offer for the company
One of the two sponsors of the €400 million ($433.35 million), 1GW Eleclink interconnector project, Groupe Eurotunnel, is to buy out its co-sponsor STAR Capital’s 51% stake in the project
Horizon Nuclear Power has appointed a joint venture to construct its £14 billion ($21.8 billion), 2.7GW Wylfa Newydd nuclear project in Anglesey, Wales
LS Power has closed on the sale of the Calhoun Energy Center gas-fired peaker plant to a fund managed by Harbert Management Corporation, both firms have announced
The sponsors of the 2x100MW $540 million KalSel coal-fired independent power producer (IPP) project in Indonesia are aiming to reach financial close by end of July.
NRG Energy has agreed to sell two peaking gas-fired plants in Illinois to LS Power, as it continues its deleveraging efforts
Details have emerged of LS Power’s refinancing of its Seneca 508MW hydroelectric power plant in Pennsylvania
The sponsors of the $2 billion 1,000MW expansion to the Cirebon coal-fired power plant complex in Indonesia are aiming to reach financial close by the beginning of the third-quarter of 2016.
Peter J Solomon Company, the privately held US investment bank, is to expand into energy advisory with three hires from other banks, the firm announced on 18 May
Marubeni has signed a memorandum of understanding with Korea Midland Power, Samtan and PT Indika Energi to jointly develop a third 1,000 MW coal-fired power plant in Cerbon, in Indonesia’s West Java province.
Dynegy expects to raise high-yield bonds or a term loan B to finance most of its share of the acquisition costs of a portfolio of fossil fuel power plants from Engie, the firm’s chief executive has said
Saudi Electricity Company (SEC) has signed on a $900 million loan covered by the Export-Import Bank of Korea and other lenders to finance the Shuqaiq power plant
Panda Power Funds is planning to refinance one of its power plants in Texas and sell its entire gas-fired portfolio in the PJM market, IJGlobal understands
South Africa’s Department of Energy has launched an expression of interest for a new 600MW gas-fired power project to be procured as a public private partnership