Latest Power News

Top Story

TransCanada acquires Talen CCGT plant

Talen Energy has agreed to sell its 704MW Ironwood power plant in Pennsylvania to TransCanada for $654 million, the seller announced last week

Duke could scrap Carolinas transmission line project

Duke Energy is considering alternatives to its $320 million Foothills transmission line project in North and South Carolina in the face of strong public opposition to the project, the developer announced on 8 October

Advanced Power plans $1bn Ohio CCGT plant

Advanced Power is to build a 1100MW gas-fired power station in Columbiana County, northeastern Ohio, the IPP developer announced on 8 October

QIC wins bid for Iona Gas

Queensland Investment Corporation has signed a binding agreement to acquire the Iona gas storage facility from EnergyAustralia for A$1.78 billion

Bids invited for Peru's Alto Piura

The United Nations Office for Project Services (UNOPS) has invited bids for the development of Alto Piura irrigation and hydropower project in Peru’s northern region

Indonesia's KalSel coal-fired to sign next month

Adaro and Korea East-West Power are due to sign the roughly $540 million financing for the KalSel independent power producer project next month

ADWEA plans bond refinancing for Fujairah IWPP

The Abu Dhabi Water and Electricity Authority is planning an up-to $350 million project bond to refinance debt used to construct the 785MW Fujairah F1 independent water and power producer (IWPP) in Al Qidfa

EXCLUSIVE KAPP nears Abdaliyah gas/solar RFP launch

The Kuwait Authority for Partnership Projects (KAPP) intends to launch a request for proposals (RFP) for the Al Abdaliyah integrated solar combined cycle (ISCC) project next month, a source has told IJGlobal

IIC appoints new general manager

The Inter-American Investment Corporation (IIC) has appointed international development banker James P. Scriven as its new general manager

Infrastructure to be exempt from OECD corporate tax reforms

The OECD’s plans announced for new corporate tax rules allow countries to offer an exemption for “public benefit projects”, an important reassurance for infrastructure financing

EXCLUSIVE Banks circle Moxie Freedom

Several banks have circled debt backing the Moxie Freedom gas-fired project in Pennsylvania, as the deal remains on track to close in early to mid-November 2015, IJGlobal has learnt

EGCO acquires final shares in Quezon power

EGCO has acquired the remaining 2% of shares in the 503MW Quezon coal-fired power project in the Philippines, from PMR Holdings for a total cash consideration of $15.027 million

EXCLUSIVE Bidders enter “refined” offers for Dubai's Hassyan coal-fired

Acwa Power and Kepco’s bids for the Dubai Electricity and Water Authority’s (DEWA) 1,200MW Hassyan coal-fired project were “refined” last month with Acwa entering a more aggressive price, sources have said

EDF awaits Chinese equity decisions for Hinkley Point C

EDF is yet to convince Chinese shareholders to finalise a deal to take up to a 40% stake in the £24.5 billion ($37.26 billion), 3.2GW Hinkley Point C nuclear power project in Somerset, England

BOT contract signed for Vung Ang 2

CLP Holdings, Mitsubishi and Refrigeration Electric Engineering have finally signed the BOT contract for the roughly $2.5 billion Vung Ang 2 power project in Vietnam