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GBPC signs Philippines power plant expansion financing

Global Business Power Corporation has signed a Ps15 billion financing for the 150MW expansion of its existing coal-fired power plant on Panay Island in the Philippines

Ncondezi sets deadline for Tete coal-fired

State utility Electricity de Mozambique (EdM) has set a deadline of 30 September 2015 for Ncondezi Energy to have in place all major project documents for its proposed 300MW coal-fired project near Tete in the north of the country

OPWP seeks adviser for Salalah IWPP refinancing

The Oman Power and Water Procurement Company (OPWP) has today (31 March 2015) released tender documents for the appointment of a financial adviser for the proposed refinancing of the Salalah independent water and power plant

Financing signed for South Sumatra mine-mouth project

Indonesian state-owned coal producer Bukit Asam and China Huadian have signed a $1.59 billion financing for a 1,240MW coal-fired mine-mouth project in South Sumatra

US Grid Company to raise $1bn for distribution projects

US Grid Company, a power distribution business headed up by Jacob Worenklein, is in talks with financial institutions to raise $1 billion for its power distribution projects, including microgrids

GIP to buy majority stake in CPV

Global Infrastructure Partners II (GIP II) has agreed to buy Warburg Pincus’ stake in Competitive Power Ventures (CPV)

Aurecon appointed for Zambia transmission upgrade

Zambia Electricity Supply Commission (Zesco) has awarded Aurecon a contract to provide engineering, design and construction services for the upgrade of transmission and distribution infrastructure in and around the capital city of Lusaka

Continuation of Fadhili CHP in doubt

Banks and sponsors are questioning whether the Fadhili combined heat and power (CHP) project in Saudi Arabia will proceed

October for next UK Contracts for Difference round

The next round of the UK’s Contracts for Difference (CfD) is slated to begin in October this year, eight months after the first batch of state support deals were handed out

One bidder drops out of Indonesia's S9 & S10 coal-fired

The consortium comprising Mitsubishi, EGCO, EDF and Pendopo Energi Batubara is rumoured to have pulled out of the bidding for 1,200MW Sumsel 9 and 600MW Sumsel 10 mine mouth coal-fired power projects in Indonesia

NSW election paves the way for privatisation

New South Wales Premier Mike Baird has claimed victory in the state elections in what was widely viewed as a referendum on the government’s privatisation programme

CIMB appointed for 1MDB power assets sale

Malaysia’s Ministry of Finance has appointed CIMB to advise on the sale of 1MDB’s energy arm, Edra Global Energy

Sempra Energy preps MLP

Sempra Energy is planning to launch a master limited partnership (MLP) that features a yieldco-like corporate subsidiary, company executives said

Intergovernmental agreement for Rusatom’s Zarqa nuclear

The Russian Federation and the Kingdom of Jordan have signed an intergovernmental agreement covering the development of the new 2,000MW Zarqa nuclear plant in the kingdom

ProInversión releases draft hydro agreement

Peru's private investment agency ProInversión has published the first version of the contract for the forthcoming tender for 1,200MW of hydro power capacity