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EBRD considers loan for Romanian grid

The European Bank for Reconstruction and Development (EBRD) is considering to provide a senior loan of RON 675 million ($172 million) to Romanian power distribution business CEZ Distributie for grid upgrades

Thailand's EGAT plans infra fund IPO in June

Thailand’s state-owned utility EGAT plans to launch an initial public offering of its Bt20 billion ($609 million) infrastructure fund in June this year

EXCLUSIVE Bids in for Dubai’s Hassyan coal-fired

Saudi Arabia’s Acwa Power has today (30 April 2015) entered the lowest bid, out of four shortlisted bidders to submit offers, for the 1,200MW Hassyan coal-fired power plant in Dubai

Reliance cancels Indian PPAs over land issues

Reliance Power’s wholly owned subsidiary, Jharkhand Integrated Power Limited (JIPL), has terminated the power purchase agreement (PPA) for its 3,960MW Tilaiya Ultra Mega Power Project (UMPP) in the state of Jharkhand, India, due to land allocation issues

EXCLUSIVE PPA approved for Mongolia’s CHP5

The sponsors for the CHP5 combined heat and power project in Mongolia have finally finalised the terms of the PPA with the Mongolian government

Bonds likely for Hinkley C nuclear project financing

The sponsors of the £24.5 billion ($37.5 billion) Hinkley C nuclear project are considering financing the project debt with a bond-only solution, a source close to the deal has told IJGlobal

Mitsubishi lines up lenders for Facility D IWPP

A consortium led by Mitsubishi is in financing discussion with a group of commercial banks for the $3 billion Facility D independent water and power producer (IWPP) project in Qatar, and hopes to sign on the project’s financing documents in the third quarter of 2015

Kansai Electric plans Japanese coal project

Kansai Electric Power, in a joint venture with TonenGeneral Sekiyu, is understood to be planning to build a 1000MW coal-fired power project in the Japanese prefecture of Chiba

3i core infrastructure senior partner resigns

Neil King has resigned from his position at 3i Infrastructure, where he was one of six partner in its infrastructure equity investment practice

Oman launches transmission recapitalisation

The Oman Electricity Transmission Company plans to issue around OR300 million ($780 million) in bonds as part of a recapitalisation of the government-owned transmission operator

Wragge & Co appoints projects partner in Dubai

International law firm Wragge Lawrence Graham & Co has relocated Jonathan Brufal, a partner in its energy and infrastructure team, from the UK to its Dubai office

Chile's Guacolda power bonds price

AES Gener and Global Infrastructure Partners yesterday (23 April 2015) priced a 10-year $500 million senior unsecured offering in the international debt capital markets for the Guacolda baseload power plant in Chile