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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 MYR9.83 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

Rockland Capital to buy Illinois gas-fired plant

Rockland Capital is to acquire a gas-fired power station in Illinois from NRG Energy, according to a recent filing with the Federal Energy Regulatory Commission

Abengoa wins Argentine transmission projects

Abengoa has won $49 million worth of contracts for the engineering and construction of two transmission projects in Argentina

UK to shut coal-fired power plants by 2025

The UK government has set out plans to phase out coal as a power source by 2025, replacing it with gas-fired, nuclear and renewable energy power plants

Sutherland hires NY energy partner

Madeleine Tan has joined Sutherland, Asbill & Brennan in New York as a partner in the law firm’s energy, environmental and commodities practice group, the firm announced on 17 November

EBRD to lend on Egyptian CGGT

The European Bank for Reconstruction and Development (EBRD) has confirmed it will lend $200 million to the Egyptian Electricity Holding Company’s (EEHC) 1.8GW Damanhour combined cycle gas turbine (CCGT) in Egypt

Rockland Capital seeks lenders for term loan B

BNP Paribas is arranging $263 million of loans backing Rockland Capital’s acquisition of the Michigan Power gas-fired plant, a source familiar with the deal told IJGlobal

Abengoa wins Chilean transmission projects

Abengoa has won a contract for the engineering and construction of two new power transmission lines, a substation and the extension of an existing line in Chile