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ACWA Power hires solar expert as project director
Renewables MENASaudi infra developer ACWA Power has hired Zaid Alghamaz from British renewables firm Environmena to work as a project director
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Swiss Life to buy into Borssele III, IV wind farms
Renewables EuropeSwiss Life Asset Managers has agreed to acquire a 20% stake in Dutch offshore wind farms Borssele III and Borssele IV from Partners Group
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PCR expands its San Luis Norte wind farm
Renewables Latin AmericaArgentina’s Petroquímica Comodoro Rivadavia is expanding a wind project the company is developing with steel manufacturer ArcelorMittal Acindar
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EXCLUSIVE Pembani Remgro to launch second infra fund
Renewables Sub-Saharan AfricaSouth African fund manager Pembani Remgro Infrastructure Managers is set to launch its second such fund with a $300 million target size
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FID for WA commercial-scale hydrogen project
Renewables Asia PacificA joint venture led by French energy giant Engie has made a final investment decision on the Yuri renewable hydrogen project in Western Australia, with construction slated to begin in November
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EXCLUSIVE Moray West targets November FC
Renewables EuropeOcean Winds – a 50:50 JV between Engie and EDPR – expects to reach financial close on the 882MW offshore Moray West Wind Farm by November
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October indicative bids for Goldwind stake
Renewables Asia PacificXinjiang Goldwind has formally embarked on the partial sale of its Australian renewables subsidiary Goldwind Australia with indicative bids expected in October
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NextEra to sell $2 billion in equity units
Renewables North AmericaNextEra Energy has agreed to sell $2 billion worth of equity units to a trio of investment banks
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Fundamental Renewables lands $400m credit facility
Renewables North AmericaFundamental Renewables, a renewable energy financier, has secured a $400 million credit facility to support the company’s operations
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Arroyo closes sale of US CCGT duo
Power North AmericaTexas-based private equity fund manager Arroyo Investors has offloaded 2 dual-fuel power plants the firm owned in the US
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Argentine electric utility to issue second local bond
Power Latin AmericaArgentine electric utility Edenor is preparing its second bond issuance in the local market this year scheduled for 22 September
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Evercore hires Krolick as senior MD
Oil & Gas North AmericaEvercore has hired Alexander Krolick away from Macquarie Group to serve as a senior managing director in the firm’s private capital markets group, based in New York
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Prudential taps Chiaramonte
Renewables North AmericaFederico Chiaramonte has joined Prudential Private Capital, based in New Jersey, after serving almost 10 years at IDB Invest
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Husk Power, EDFI ElectriFI ink $6m debt on rural electrification
Renewables Asia PacificRural energy service company Husk Power Systems and EU-funded Electrification Financing Initiative have signed a $6 million debt financing to electrify 80 additional rural communities across India
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Taipower mulls grid upgrade
Power Asia PacificTaiwan’s state-owned electric company Taiwan Power has a 10-year plan to upgrade the country’s power grid for $18 billion
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GPT Infra bags order from Northern Railways
Transport Asia PacificThe Indian Railways subsidiary has issued a letter of award worth $22 million to Indian infrastructure company GPT Infraprojects for a railway project in northern India
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MPIC-led consortium bags Sangley Airport
Transport Asia PacificThe consortium led by Filipino infrastructure company Metro Pacific Investments has bagged the $4.3 billion phase 1 to redevelop Sangley Airport in Cavite
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UPDATE: Bayfront prices third IABS
Oil & Gas Asia PacificBayfront Infrastructure Management has priced its third issuance of infrastructure asset-backed securities, demonstrating continued investor demand for IABS and the Singapore-headquartered firm's ability to help partner banks recycle capital into more infrastructure financing transactions
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Eurowind, Arla ink Danish wind PPA
Renewables EuropeEurowind Energy has signed a 10-year PPA with Danish-Swedish multinational cooperative Arla for the power produced by Nørre Økse Sø – an unsubsidised wind farm located located near the town of Brovst, Denmark