Latest Power News

Top Story

EXCLUSIVE Marubeni named winner of Morupule coal-fired

The government of Botswana has approved the appointment of a Marubeni-led consortium as the preferred bidder on the 300MW Morupule coal-fired power project

UK's Ofgem hands out grid upgrade funding

UK electricity grid operator Ofgem has announced funding of £62.89 million ($94.58 million) for nine separate projects designed to improve the country’s transmission network

ContourGlobal signs on Cap des Biches

US-based power project developer ContourGlobal has signed on the financing for the Cap des Biches heavy fuel oil (HFO)-fired power project in Senegal

Legal & General hires from Moody’s

LGIM Real Assets has appointed Declan O’Brien as infrastructure strategist, in a wider effort to upscale its infrastructure practice

PPA signed for Indonesia’s Bengkulu

Sinohydro and local mining company Intraco Penta have signed a power purchase agreement (PPA) with PLN for the Bengkulu project in Indonesia

CFE places local bond issuance

Mexico's state-owned power company CFE has placed an Ps8 billion bond issuance

China Three Gorges wins big in Brazil hydro auction

China Three Gorges (CTG) bid for and won rights to two operational power plants with a combined installed capacity of nearly 5GW in a tender held by Brazil's national power agency, Aneel, yesterday (25 November 2015)

Philippines’ San Buenaventura signs

Meralco and EGCO have signed a Ps56.2 billion ($1.2 billion) financing for the San Buenaventura power project in the Philippines

UK axes carbon capture and storage programme

The UK government has axed its £1 billion ($1.51 million) carbon capture and storage (CCS) programme, ending the development of one project and putting another backed under the scheme into doubt

MIDIS hires new managing director

Agnes Mazurek has joined Macquarie Infrastructure Debt Investment Solutions (MIDIS) in London as managing director

Hastings consortium wins TransGrid privatisation

The consortium led by Hastings Fund Management has won the auction for the 99-year lease of New South Wales electricity distribution company TransGrid

Tenaga closes sukuk financing for Malaysia's 3B

Tenaga Nasional Berhad (TNB) and Mitsui have closed a MYR8.98 billion ($2.14 billion) sukuk issuance for the Track 3B coal-fired power project in Malaysia

Capstone Infrastructure 'considering sale'

Capstone Infrastructure has confirmed that a corporate review is underway which, according to reports, could lead to a sale of the diversified energy holding company

CGN Power agrees deal for 1MDB’s Edra

China General Nuclear Power Corporation has signed an agreement to acquire 1MDB’s power unit, Edra Global Energy, for a total cash consideration of M$9.83 billion

CPV exits Sentinel gas-fired plant

Partners Group has closed the acquisition of Competitive Power Ventures’ 25% stake in the Sentinel Energy Center gas-fired power plant in southern California, the Swiss-based private equity fund manager announced on 23 November

New RFP date for Indonesia’s S9&10

Indonesia’s PLN has set a new deadline of 18 December for request for proposals (RFP) for the Sumsel 9 & 10 mine-mouth coal-fired power projects