Latest Power News

Top Story

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

EXCLUSIVE TIGF gas grid owners plan acquisition debt refinancing

The owners of TIGF are set to approach lenders to refinance the €370 million ($396.7 million) acquisition debt for the French gas grid asset, IJGlobal understands

Kudu gas-fired unlikely to be commissioned before 2020

Namibian state utility Nampower is now not expected to have finished construction and begun operations at the 850MW, $1.2 billion Kudu combined-cycle gas fired power plant before the end of 2019, according to a new report from ratings agency Fitch

Chile's Guacolda bonds near pricing

Empresa Electrica Guacolda is due to price a $500 million senior unsecured 10-year corporate bond issue to refinance debt on its Chilean coal-fired power assets tomorrow (23 April 2015), IJGlobal has learnt

EXCLUSIVE Toyo Thai wins govt approval for Myanmar power project

Toyo Thai has signed a memorandum of agreement (MoA) with the government of Myanmar for its 1,280MW coal-fired power project in Myanmar’s Mon state, IJGlobal can reveal

MMC launches Malakoff IPO

Malaysian conglomerate MMC Corporation has launched an initial public offering of up to M$3.15 billion for independent power producer (IPP) Malakoff

Colombia's Isagén auction due next month

The Colombian government announced on Friday (17 May 2015) that it would hold an auction to dispose of its 57.61% stake in power generating company, Isagén

Kibo signs with Sepco III for Rukwa coal-fired

Kibo Mining has signed a joint development agreement with Chinese construction and engineering company Shangdong Electric Power Corporation III (Sepco III) for its Rukwa coal-fired mine-mouth power plant in Tanzania

Enel sells stakes in two Italian generating companies

Cash-strapped Italian utility Enel has offloaded its stakes in two Italian power businesses, selling its 40% holding in SE Hydropower and a 33.3% share in SF Energy, raising €400 million

Psalm receives 12 bids for Mindanao coal IPPA

The Philippines’ Power Sector Assets and Liabilities Management (Psalm) Corporation has received 12 expressions of interest in becoming the effective offtaker of the operational Mindanao coal-fired power project

Mexico's CFE, ICA in power project agreement

Mexico's national electricity commission CFE and local construction firm ICA have entered into an agreement to develop power projects

Ontario agency to appeal court’s PPA price ruling

The Ontario Superior Court has ruled that the Ontario Electricity Financial Corporation (OEFC) incorrectly calculated prices for some of its power purchase agreements

Brazil's Eneva ends power supply contract with MMX

Brazilian power generator Eneva announced yesterday (13 April 2015) that it has agreed to terminate power supply contracts entered into with MMX Mineração e Metálicos and its subsidiaries

Salalah IWPP sponsors to submit refinancing proposal

A Sembcorp-led consortium intends to submit a refinancing proposal for the Salalah independent water and power plant to Oman Power and Water Procurement Company (OPWP) in the next few weeks, having undertaken market soundings