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Offshore Wind Power
EIB and Ørsted Sign €400M Loan to Finance New Wind Energy Production in Denmark
The European Investment Bank (EIB) and Ørsted have signed a €400 million framework loan agreement to finance new wind power production. By supportin…
Hydropower Plant
Nordic Investment Bank Funds Kemijoki Oy's Hydro Investments in Finland
The Nordic Investment Bank (NIB) and Kemijoki Oy have inked a significant deal, signing a 15-year €50 million loan to bolster Kemijoki Oy's hydropower …
Offshore Wind Power
Aiib Finances Second Wind Power Project in Southern Kazakhstan
The Asian Infrastructure Investment Bank (AIIB) has signed a USD36-million loan agreement for the development, construction and operation of a 100-megawatt (MW)…
Electricity Transmission
Greek Power Distribution Operator Gets 150 Mln Euro Eib Loan for Smart Meters
Greek power grid operator HEDNO has secured a 150 million euro ($160.23 million) loan from the European Investment Bank (EIB) to install 3.12 million smart mete…
Biofuel
USDA Awards Reap Grants to Biogas, Bioenergy Projects
The USDA on Nov. 1 awarded $145 million in loans and grants to 700 projects under the agency’s Rural Energy for America Program. Several biogas and bioene…
Hydropower Plant
Kano assembly approves gov's n4B Loan request to complete hydroelectric plant
Gov. Abba Kabir Yusuf paid a courtesy visit to Executive Governor of Gombe State, H.E Muhammad Inuwa Yahaya, at the Gombe State Governor’s Lodge Abuja. Ph…
Power Construction
World Bank Approves $1 Bln Loan to Help South Africa Tackle Power Crisis
The World Bank said on Wednesday that its board had approved a $1 billion loan to help South Africa reform its energy sector, as the country tries to overcome r…
Energy Storage Project
Spearmint Energy Receives $200M Loan for BESS Portfolio
Spearmint Energy, a next-generation renewable energy and battery storage company, announced the close of a $200 million credit facility with Aiga Capital Partne…
Energy Storage Project
Spearmint Energy Receives $200M Loan for BESS Portfolio
Spearmint Energy, a next-generation renewable energy and battery storage company, announced the close of a $200 million credit facility with Aiga Capital Partne…
Power Construction
South Africa May Get $1 Billion Loan From World Bank to Tackle Power Crisis
A child collecting chunks of coal looks on at a colliery while smoke rises from the Duvha coal-based power station owned by state power utility Eskom, in Emalah…
Solar Power Plant
IFC Loans Morocco's OCP $106 Mln to Build Two Solar Power Plants
Morocco's state-owned phosphates and fertiliser producer OCP said on Tuesday it had signed an agreement with the International Finance Corporation (IFC), th…
Power Construction
ADB Approves $200M Loan for Uzbekistan's Power Distribution System
It aims to digitalise 26 distribution substations in the country.The Asian Development Bank (ADB) has given the green light for a $200m loan that will support t…
LNG
Nextdecade Signs $356M Loan Agreement for Rio Grande LNG
Texas-based energy company NextDecade has entered into a credit agreement with a group of lenders for $356 million of senior loans to finance a portion of the f…
Pumped Storage
REC Extends Rs 6,075 CR Loan to Greenko to Set Up 1,440 MW Pumped Storage Project
New Delhi [India], September 17 (ANI): REC Limited has sanctioned a Rs 6,075 crore loan to renewable energy company Greenko for setting up a 1,440-megawatt Stan…
Electric Vehicles
Biden's $12 Billion Answer to Converting the Trillion Dollar Auto Industry
The Biden administration is offering $12 billion in grants and loans to automakers and suppliers to retrofit their plants to manufacture electric vehicles.Vehic…
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