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Mekorot raises debt ahead of water expansion plans
Water MENAIsrael’s national water company Mekorot Water Authority has raised $364.6 million through the expansion of 2 bond lines to part-finance its 3-year water programme
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VSB acquires rights to Polish hybrid project
Renewables EuropeGerman renewables developer VSB Group has acquired the rights to a 170MW hybrid onshore wind and solar PV project in Poland from an undisclosed seller
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IFC looks at Cameroon LPG loan
Oil & Gas Sub-Saharan AfricaThe IFC is arranging a €55 million loan to cover the full cost of Cameroonian downstream distributor Bocom Petroleum’s LPG expansion and diversification project
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Final closing for Swiss Life GIO III
Renewables EuropeSwiss Life has raised more than double the target of its flagship equity fund for a total of €3.5 billion for its third generation core and core + strategy
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Significant investor interest in NSW “super battery”
Renewables Asia PacificNew South Wales energy minister Matt Kean has announced that over 30 local and international bidders have expressed interest in the proposed Waratah Super Battery project ahead of planned tender launch
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Fresh tender for São Paulo schools bundle
Social & Defence Latin AmericaThe municipal government of São Paulo has restarted the tender process for its first education PPP, with new bid documents issued and bidding rescheduled for next month
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NSW greenlights Origin’s 700MW battery project
Renewables Asia PacificNew South Wales’ Department of Planning and Environment has approved plans for Origin Energy’s 700MW battery project at its Eraring Power Station
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OPEC and AIIB sign coop agreement
Renewables Asia PacificThe OPEC Fund for International Development and the Asian Infrastructure Investment Bank have signed a new cooperation agreement
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Brazil’s Equatorial marks thermal exit
Power Latin AmericaEquatorial Energia has sold its interest in the 332MW Geramar oil-fired plant in Maranhão, marking the company’s final exit from thermal generation
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Progress on Tasmanian wind farm
Renewables Asia PacificRenewables developer Epuron is progressing its 220MW Hellyer Wind Farm in Tasmania to the planning phase, having initiated a detailed design and public consultation process
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BP bids for Dutch offshore wind tender
Renewables EuropeBP has submitted bids for Hollandse Kust West offshore wind farm Site VI and Site VII – situated 53km off the Netherlands’ west coast
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Predator O&G makes 2 NED hires
Oil & Gas EuropeJersey-based Predator Oil & Gas has appointed Tom Evans and Alistair Jury as new non-exec directors on its board with immediate effect
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La Banque Postale AM holds debt fund first close
Renewables EuropeLa Banque Postale Asset Management has held first closing of its LBPAM Infrastructure Debt Climate Impact Fund at €270 million
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Corio, Ontario Teachers JV for global offshore wind
Renewables EuropeGIG portfolio company Corio Generation is partnering with global investor Ontario Teachers’ Pension Plan Board to fund the development of an initial portfolio of 9GW of offshore wind projects across the globe
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Australian Election – Labour pledges A$100m for battery storage
Renewables Asia PacificLabor leader Anthony Albanese has made a A$100 million funding pledge for battery storage projects in Queensland ahead of the upcoming federal elections
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EXCLUSIVE Scatec/ACME JV talk debt for Duqm green hydrogen
Renewables MENAThe Scatec and ACME Group JV are in talks for a $500 million debt package for the first phase of the 500MW green hydrogen project at the Duqm Special Economic Zone in Oman
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Vietnam considers airport upgrade PPP
Transport Asia PacificVietnam government is considering a nearly $90 million upgrade PPP of a mothballed airport in the northwest as state-owned Airport Corporation of Vietnam shelved its investments
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AXA IM promotes global head of IR
Renewables EuropeAXA Investment Management has promoted Jean-Baptiste Lefief to the role of global head of investor relations for alternatives
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India approves $585m hydro
Power Asia PacificThe CCEA has approved a $585 million hydropower project in northern India