Investment

Chile

Chile: Mainstream Renewable Power Secures Funding for 630MW of Renewable Generation

Mainstream Renewable Power has closed funding of US$620 million for the second phase of the Andes Renovables wind and solar generation platform in Chile.

Energy Investment

EDP Renováveis to Sell Stake in US Renewable Assets for $700m

Spanish firm EDP Renováveis has agreed to sell its stake in a US wind and solar portfolio to Connor, Clark & Lunn Infrastructure for $700m.

Energy Investment

Saud Electricity Signs $2.4bn Medium-Term Financing Agreement With 7 Banks

Saudi Electricity Company, the largest utility company in the Middle East and North Africa region, signed on Aug. 26 a syndicated financing agreement worth SR9 …

Hydropower Plant

Research Identifies Need for Multi-Billion Dollar Investments in Asian Hydropower Modernisation

A study conducted by International Hydropower Association for the Asian Infrastructure Investment Bank has found that 66 hydropower stations across 19 countries…

Floating Offshore Wind

Green Investment Group and Total Partner on Korean Floating Wind Portfolio

Macquarie’s Green Investment Group and global energy company Total have signed a series of agreements to co-develop an initial 2.3 GW portfolio of floating off…

Wind Farm

EIB and UniCredit Bank to Finance 143MW Wind Farm in Austria

The European Investment Bank and UniCredit Bank Austria have agreed to finance the development of a 143MW wind farm.

Thermal Fuel

Kazakhstan: Reed Will be Used to Generate Heat and Electricity in Atyrau

A new investment project supported by Kazakh Invest national investment promotion company plans to construct a bio-processing plant in Kazakhstan’s Atyrau.

Energy Investment

EU Bank Acquires 25% Stake in Romanian Gas Company

The European Bank for Reconstruction and Development is strengthening energy security in Moldova with the acquisition of a 25% stake in Vestmoldtransgaz.

Crude Oil

Angola Aims to Ramp up Oil Production

Angola, Africa’s second-largest oil producer after Nigeria, will need foreign and government investments to discover up to 57 billion barrels of crude oil by 2…

Power Construction

Belgian Startup Ampacimon Raises €4 Million for its Power Grid Monitoring tech

Belgian startup Ampacimon, whose sensor technology is making power grids more flexible and efficient, has closed a €4 million investment round, with Korys acti…

Nuclear Power Plant

Rosatom to Fabricate REMIX Fuel at Siberian Chemical Combine

The Investment Committee of Russia's Rosatom has approved a project to modernise the experimental shop-floor for nuclear fuel fabrication at the Siberian Chemic…

Energy Investment

Aveva to Acquire Digital Company OSIsoft for $5bn

Industrial software company AVEVA is to acquire US digital solutions firm OSIsoft for $5bn.

Energy Investment

Actis to Acquire Green Energy Projects from ReNew Power in India

UK-based private equity firm Actis has reportedly started talks to acquire more than 550MW capacity of green energy projects from Indian company ReNew Power.

Energy Investment

KEPCO KPS to Acquire Manikaran’s Stressed Power Assets in India

Korea Electric Power Corporation KPS has reportedly planned to acquire and operate stressed power plants from Manikaran Power in India.

Energy Investment

South Korea’s Renewables Investments to Top $46bn By 2030

South Korea’s renewables investments are expected to exceed $46 billion by 2030.