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Kuwait’s Az Zour North 2 extended again

The bid deadline for the 1,500MW Az Zour North 2 independent water and power producer (IWPP) has been extended for the fifth time in 2016

Enersis announces departure of Chile country head

Holding company Enersis, owned by Italian renewable developer Enel, announced today that its country manager Daniel Fernández is to leave Enersis

EETC invites proposals for Egypt transmission

The Egyptian Electricity Transmission Company (EETC) has invited bids for development of a transmission project which it has asked the European Investment Bank (EIB) and other development partners to finance

IFC finances Iraq CCGT plant

The International Finance Corporation (IFC) has arranged $375 million in financing for Mass Global Energy Sulimaniya for upgrading and expansion of a 1,000MW independent power producer (IPP) project in Iraq

EPM signs BNDES loan for Ituango hydro

Colombian multi-utility Empresas Públicas de Medellín (EPM) signed a $111.4 million loan with Brazilian development bank BNDES to support the construction of the 2.4GW Ituango hydro located on the Cauca River

Starwood to buy former Calpine cogen plants

Starwood Energy Group is preparing to buy two co-generation plants in California previously operated by Calpine under a sale and leaseback agreement

Enagas issues new Euro bond

Spanish energy company Enagas issued and closed on a 12-year, €750 million ($848.8 million) bond on 26 April 2016

Details emerge on Tenaska's Westmoreland financing

Further details have emerged of Tenaska and Diamond Generating Corporation’s financing of the $1.1 billion Westmoreland Generating Station combined cycle gas-fired power project, which reached financial close on 19 April

World Bank backs PLN grid expansion

The World Bank has approved a $500 million loan to help Indonesia’s state-owned electricity company PLN expand its distribution network.

EDF stalls on Hinkley decision until September

France’s EDF is to wait until September before making a final investment decision on its long-awaited £24.5 billion ($34.7 billion) Hinkley Point C nuclear development in the UK

EXCLUSIVE Ibri/Sohar 3 bank list revealed

Acwa Power and Mitsui have lined up a group of seven local and international lenders for the 1,509MW Ibri and 1,710MW Sohar 3 natural gas-fired combined-cycle projects in Oman, IJGlobal can reveal

OPWP begins procurement advisory tender

The Oman Power and Water Procurement Company (OPWP) is seeking proposals from single bidders or consortiums to advise it on the contracting of power and water projects in 2022 and beyond

Riverstone Holdings sets up new power platform

Riverstone Holdings, the US energy-focused private equity firm, has set up a new platform to finance and operate power plants and provide asset management services

DEWA extends desalination consultancy deadline

The Dubai Electricity and Water Authority (DEWA) has extended the deadline for consultancy bids for the desalination plant at Jebel Ali power station to 25 May 2016

Saudi Aramco picks IPO advisors

Saudi Aramco has selected JPMorgan Chase & Co and Michael Klein to advise on the company’s planned initial public offering (IPO)

UK reiterates support for EDF's Hinkley Point nuclear

The minister of state at the UK's department of energy and climate change Andrea Leadsom has reiterated the government’s backing of French utility EDF’s £24.5 billion ($34.7 billion) Hinkley Point C nuclear development

Tenaska closes Westmoreland CCGT financing

Tenaska and Mitsubishi have reached financial close on the Westmoreland Generating Station gas-fired power project in Pennsylvania, Tenaska announced on 19 April

GIC sharpens pencil to join Fortis' transmission deal

Singapore’s sovereign wealth fund GIC has agreed to pay a slightly discounted price for a stake in Michigan-based power transmission operator ITC Holdings prior to its majority acquisition by Canadian power holding company Fortis

Norway launches energy white paper

Norway has launched a white paper on its future energy policy, which outlines the government’s plans to shift renewables subsidies to a market-based system