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SWPC pre-qualifies 9 for Jubail IWP
Water MENASWPC has pre-qualified 9 bidders for the Jubail 4 & 6 independent water project
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Enagás acquires minority stake in German consortium
Oil & Gas EuropeSpanish energy company Enagás has completed the acquisition of a 10% stake in Hanseatic Energy Hub, the consortium developing the €1 billion LNG-terminal Stade in Germany, from Fluxys
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Mexico to connect 2 rail corridors
Transport Latin AmericaMexico plans to link Section 1 of its Maya Train project to the Tehuantepec Isthmus Interoceanic Rail Corridor, with construction slated to start next year
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IFC supports Egyptian steel supplier
Mining MENAInternational Finance Corporation – a member of the World Bank Group – has approved a $25 million in loan to Egypt-based Kandil Steel, according to media reports
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LBP and CNP launch debt fund, France
Renewables EuropeLa Banque Postale has joined forces with LBP AM and CNP Assurances to launch a €1 billion infrastructure debt fund targeting energy transition opportunities across Europe
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Principle Power launches WindFloat product portfolio
Renewables North AmericaEnergy technology and services company Principle Power has expanded its line of WindFloat platforms with the launch of industrialised products
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Chile to launch finance mechanism for infra consultants
Transport Latin AmericaChile’s ministry of public works and state-owned BancoEstado have launched a financing mechanism for firms consulting the MOP which invoice up to UF1 million annually – offering low interest rates and state guarantees
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CGL secures financing for energy efficiency, Italy
Renewables EuropeCity Green Light has secured a 7-year syndicated loan of €197 million to support its growth plan and investments in energy efficiency and digitalisation of public administrations in Italy
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RIVE takes stake in Hyke, Norway
Transport EuropeFrench real assets investment firm RIVE Private Investment has taken a stake in Hyke, the Norwegian company that designs and sells electric ferries for river transport in cities to reduce congestion and pollution
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Axpo, Sunnic Lighthouse ink solar PPA, Germany
Renewables EuropeSwiss renewables developer Axpo has signed a PPA with Sunnic Lighthouse – subsidiary of solar developer Enerparc – for the electricity from a portfolio of solar projects in Germany
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McGill, Renew Risk team for offshore wind catastrophe models
Renewables EuropeSpecialist (re)insurance broker McGill and Partners has partnered with clean energy risk analytics SaaS provider Renew Risk to develop catastrophe models for offshore wind portfolios
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Bechtel launches office in Riyadh
Renewables MENABechtel has opened a new regional headquarters in Riyadh, Saudi Arabia, cementing its position in the kingdom where it has been active since 1945
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Infranode closes MPY Telecom acquisition, Finland
Telecoms EuropeNordic infrastructure investor Infranode has closed the acquisition of Finnish owner and operator of digital core infrastructure MPY Telecom from MPY Cooperative for €75 million
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Africa’s landmark road PPP refinances, Senegal
Transport Sub-Saharan AfricaThe debt associated with a landmark motorway PPP in Africa – the A1 in Senegal – has refinanced allowing major development banks to exit, and to be replaced by a more private group of lenders
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Mongolia Energy Corporation to build dry coal processing plant
Power Asia PacificMongolia Energy Corporation said yesterday its plans to build a dry coal processing plant on the Khushuut mine site in western Mongolia
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Tamil Nadu issues tender for road project
Transport Asia PacificTamil Nadu Road Infrastructure Development Corporation has issued a tender for the Chennai Peripheral Ring Road to improve economic connectivity and road transport efficiency in the state
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Trio partner for 206MW Philippines wind
Renewables Asia PacificAboitiz Renewables has signed a joint venture to develop, construct and operate a 206MW wind farm in Visayas, Philippines
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MUFG poaches China head from JPM
Oil & Gas Asia PacificMUFG Bank has poached senior investment banker Benjamin Lam from JPMorgan Chase Bank of China to lead its China business
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InterContinental Energy secures new equity
Renewables Asia PacificInterContinental Energy, a green hydrogen developer, has secured a total $115 million equity investment from Hy24, a hydrogen infrastructure fund and an an earlier infusion from Singapore's wealth fund GIC