Latest Power News
SMBC adds PF VP in US
Chile awards projects in transmission tender
Chile’s National Electric Coordinator has awarded transmission projects in a tender launched earlier this year
Ex-Natixis MD lands at SocGen
A former managing director at Natixis has landed at Societe Generale after leaving his position in July
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Kenlov, Ashtrom sign Texas solar PPA
Power North AmericaIndependent power producer Kenlov Renewable Energy and engineering company Ashtrom have signed a PPA for a portion of the output of a 400MW solar project in Texas
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EXCLUSIVE Bidders line up for German grid stake sale
Power EuropeA German grid operator has initiated the sale of up to 49.9% in its electricity transmission business, with at least 2 bidders eyeing the asset
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German state to nationalise Uniper
Power EuropeThe government of Germany has agreed to acquire Fortum’s 293 million shares in Uniper for €500 million
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Klima Energy Transition Fund hits €210m hard cap
Power EuropeAlantra and Enagás have reached final close on their energy transition fund Klima Energy Transition Fund with €210 million in commitments
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Kleinwort Hambros launches real assets fund
Power EuropeSociété Générale’s private bank Kleinwort Hambros has launched a UCITS fund to invest in infrastructure and specialist property assets in the UK
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ANEEL ratifies winners in A-4 power auction
Power Latin AmericaBrazil’s National Electric Energy Agency has approved the results of the A-4 New Energy auction
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Cherian George crops up in new role
Power North AmericaCherian George of Fitch Ratings fame has cropped up in a new role having joined Keystone Global as a senior adviser
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MAM hires MD for fund secondaries
Power EuropeMacquarie Asset Management has appointed Irina Luckey as a managing director to support its infrastructure secondaries business across Europe, the Middle East and Africa
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TenneT launches tender for North Sea cabling
Power EuropeTenneT has launched a 2GW HVDC cable tender for offshore grid connections in the North Sea
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Engie sells last coal-fired facility in Brazil
Power Latin AmericaEngie Brasil Energia has signed a share purchase and sale agreement that will see the company let go of its last coal-fired power plant in Brazil
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Sarthak expands into Mumbai
Power Asia PacificSarthak Advocates & Solicitors has appointed Apoorva Chandra as partner to head its new Mumbai office, expanding its presence to 5 cities in India
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EXCLUSIVE Pembani Remgro to launch second infra fund
Power 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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NextEra to sell $2 billion in equity units
Power 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
Power 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