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CIT's Sung moves to CarVal
Renewables North AmericaStephen Sung – who has worked at CIT Bank as a managing director in its power and energy group since the summer of 2015 – has left the bank for a new position at CarVal Investors
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Pine Gate secures $500m investment
Renewables North AmericaGenerate Capital has made a strategic investment totalling $500 million into utility-scale solar and energy storage developer Pine Gate Renewables
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MHI invests in clean hydrogen startup
Renewables North AmericaMitsubishi Heavy Industries has invested in Massachusetts-based a clean hydrogen startup, Electric Hydrogen, to support its efforts in developing cost-competitive, fossil-free hydrogen
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Bocobza joins White & Case
Renewables Asia PacificJulien Bocobza has joined White & Case as global project development and finance partner from Norton Rose Fulbright
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O&G giants push forward Malaysia gas
Oil & Gas Asia PacificA Petronas-led consortium has moved ahead with the development of a sour gas evacuation system on the northwest coast of Borneo Island
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LG Chem keen on South Korea hydrogen
Renewables Asia PacificSouth Korea-based LG Chem plans to develop a hydrogen plant in the northwest
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Keppel begins cross-border electricity import
Power Asia PacificSingapore-based Keppel has begun the city-state's first cross-border electricity import from Laos through Thailand and Malaysia
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Raízen secures biomass PPA
Renewables Latin AmericaBrazilian energy company Raízen has inked a power purchase agreement with one of the country’s biggest fashion retailers, Marisa
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ORPC enters Chilean hydrokinetic energy
Renewables Latin AmericaOcean Renewable Power Company has agreed to install a river hydrokinetic power system in Chile, its first in South America
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ABO Wind inks Colombian PPA
Renewables Latin AmericaABO Wind has found an offtaker in energy distributor Air-e for a solar project that the German company is developing in Colombia
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EXCLUSIVE Miami Beach selects prequalifying P3 consultants
Transport North AmericaMiami Beach has added multiple firms to its pool of prequalified firms to assist with the city’s pipeline of P3 projects
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Singapore hydrogen in pre-development
Renewables Asia PacificInternational trio will explore the feasibility of using hydrogen-generated power in Singapore
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EDP to invest €1.5bn in Ocean Winds
Renewables EuropeEDP plans to inject €1.5 billion in Ocean Winds – its 50:50 JV with Engie – to support the achievement of its offshore wind target
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Siemens Gamesa to supply turbines for Moray West
Renewables EuropeOcean Winds – a 50:50 JV between Engie and EDPR – has awarded Siemens Gamesa a contract for the delivery and service of turbines for Moray West offshore wind farm, Scotland
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Environmental permit threat for Chilean mine
Mining Latin AmericaThe Chilean environmental evaluation service has recommended that environmental permits be rejected for Rio2’s Fenix gold project, leaving the mine’s future uncertain
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Akiem adds locomotives to fleet
Transport EuropeLocomotive leaser Akiem Group has acquired 37 Eurosprinter multi-system trains
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EXCLUSIVE Bidders line up for European storage terminals
Oil & Gas EuropeNon-binding offers are due within days for a company that owns and operates 9 bulk liquid storage terminals across Europe
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Ashurst opens new Texas office
Transport North AmericaAshurst has established a new office in Austin, Texas as part of its expansion strategy in the US to meet growth in client demand
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Pacific Green's 100MW UK BESS reaches FC
Renewables EuropePacific Green Technologies has secured £28.25 million in debt financing for its 99.98MW battery energy storage system at the Richborough Energy Park in Kent, UK