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Power

Month: Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
  • September 2010

    Peru shortlists four for cold reserve plants 02 September 2010

    Peruvian concessions and investment promotion agency ProInversion has shortlisted Duke Energy Egenor, Empresa Electrica de Piura, Enersur and Samay

  • Northland closes Battleford project financing 01 September 2010

    Northland Power has closed a C$580 million debt package for its 265MW combined-cycle North Battleford Energy Centre in Saskatchewan.

  • August 2010

    Abengoa raises transmission bridge 26 August 2010

    Abengoa has signed a $190 million 1.5-year bridging loan for its Chilca-Marcona-Montalvo transmission line - a 30 year BOT concession for a new 872km 500kV line connecting Lima and Moquega region in Peru.

  • ACWA completes Barka 1 IWPP deal 23 August 2010

    ACWA Power International has completed the purchase of a 58% stake in the Barka 1 IWPP in Oman from AES and IDB Infrastructure Fund.

  • GMR nears InterGen exit 23 August 2010

    China Huaneng Group is in advanced talks to purchase GMR Infrastructure’s 50% stake in InterGen for around $1.2 billion.

  • Greenfield South B loan pulled 20 August 2010

    Credit Suisse and Morgan Stanley’s $335 million B loan financing for Eastern Power’s Greenfield South power plant has been withdrawn

  • NRG issues corporate bonds for Dynegy assets 20 August 2010

    NRG Energy has priced $1.1 billion in senior corporate unsecured notes to finance its proposed $1.36 billion acquisition

  • First Reserve's Longview amendment fails 19 August 2010

    Energy private equity sponsor First Reserve has failed to get lender consent for a partial refinancing amendment

  • Bizerte IPP award slips 19 August 2010

    The award of the 400-450MW Bizerte IPP is not expected until mid-September at the earliest as the process is held up by holidays and Ramadan.

  • Dynegy falls to Blackstone and NRG 16 August 2010

    Independent power producer Dynegy has agreed to be bought by private equity firm Blackstone

  • ISA wins Peruvian transmission concessions 13 August 2010

    ISA and Empresa de Energía de Bogotá have won the 30-year concession to design, build, finance, and operate a transmission line between Pomacocha and Carhuamayo in Peru.

  • Beacon Power closes DoE guarantee for Stephentown 12 August 2010

    Power storage technology developer Beacon Power has closed a $43 million loan guarantee with the US Department of Energy for its flywheel power storage in Stephentown, New York.

  • IP and GDF Suez agree merger plan 11 August 2010

    International Power (IP) and GDF Suez Energy have agreed their merger plan

  • Constellation makes Boston Gen bankruptcy bid 11 August 2010

    Constellation Energy has bid $1.1 billion for US Power Generating's Boston Generating assets.

  • Thai banks sign up on Hongsa coal IPP 11 August 2010

    A nine-strong club of Thai banks has signed the $2.7 billion debt financing of the Hongsa lignite coal-fired independent power project in Laos

  • Capital Power takes Kelson's Vancouver Island generation 06 August 2010

    Capital Power has agreed to pay C$207 million to buy Kelson Canada's Vancouver Island gas-fired power plant.

  • Nhon Trach 2 signed 06 August 2010

    PetroVietnam has signed a $470 million 12 year two-tranche ECA-backed facility for the 750MW combined cycle Nhon Trach 2 power project, located south of Ho Chi Minh City in Dong Nai province

  • Ghana's Tema Osonor IPP nears close 04 August 2010

    GECAD and Aldwych International are close to closing the financing for the $128 million Tema Osonor independent power project in Ghana.

  • Banks going exclusive on Qurayyah IPP 02 August 2010

    The RFP for the 2,000MW oil-fired Qurayyah IPP in Saudi is expected to be launched to the market imminently as the indicative launch date of 31 July has slipped slightly.

  • July 2010

    Dufi CCGT RFP due after summer 30 July 2010

    The financing for the CEZ/MOL 830MW Dufi CCGT is progressing despite the Hungarian government rejecting the International Monetary Fund and EU’s $26 billion bailout plan.

  • Tenaska's Taylorville IGCC wins ITC allocation 30 July 2010

    Tenaska's Taylorville integrated gasifcation combined cycle power plant has won a $417 million investment tax credit from the US government.

  • Bizerte IPP decision imminent 29 July 2010

    The three bidding groups for the 400-450MW Bizerte IPP in Tunisia are expecting to find out which is the preferred bidder for the project within the next week.

  • Nuevo Pemex: Mexican miniperm 29 July 2010

    Abengoa and GE closed the $632.4 million financing for the Nuevo Pemex cogeneration project on 18 June. The deal is notable as the first power procurement for Mexico’s state oil company, Petroleos Mexicanos, one of the first deals for Mexico’s state development bank, Bonbras, in the privat...

  • People & Places 29 July 2010

    Cirincione moves to Siemens as Dexia reshuffles

  • Power 29 July 2010

    Sines CCGT RFP out

  • PP11: Back for SEC-onds 29 July 2010

    The $2.1 billion financing of the PP11 gas-fired independent power project in Saudi Arabia is the first time international banks have taken on uncovered risk on a project since the country’s Ministry of Finance stopped providing a direct guarantee to offtaker Saudi Electricity Company (SEC). Th...

  • Ontario's Greenfield South and Pristine Power in market 27 July 2010

    Credit Suisse and Morgan Stanley have launched the $335 million B loan financing for Eastern Power' Greenfield South

  • Close race for S3 IPP 27 July 2010

    Less than 9% separates the five bidders for Abu Dhabi’s Shuweihat 3 IPP.

  • Bankruptcy looms for Boston Generating 26 July 2010

    Uncertainty in the capacity auction process in New England means Boston Generating is likely to file for bankruptcy before October

  • Sines CCGT RFP out 21 July 2010

    Galp Energia and International Power have launched a request for proposals for a Eu500-Eu600 million ($640 - $780 million) debt package to support their 800MW Sines CCGT project in Portugal.

  • PP11 paves the way for less cover 20 July 2010

    The $2.1 billion financing of the PP11 gas-fired independent power project in Saudi Arabia

  • US Ex-Im approves Reliance's second try on Sasan 16 July 2010

    The US Ex-Im has approved a preliminary review of Reliance's re-submitted application for the Sasan coal plant in India.

  • China Huadian closes on Cambodia hydro 15 July 2010

    China Huadian has closed a $412 million project financing with China Ex-Im for its Orussei hydroelectric power plant

  • Advisors appointed for Hassyan IWPP 15 July 2010

    Dubai Water and Electricity Authority (DEWA) has appointed HSBC, Mott Macdonald and Clifford Chance for the financial, technical and legal advisory mandates for its first IWPP

  • Lanco closes Babandh Power financing 15 July 2010

    Lanco has signed a Rs55.4 billion ($1.18 billion) 15 year project financing for its 1320MW Babandh power project in, Dhenkanal, Orissa, India.

  • Arclight closes on KGen's Sandersville 13 July 2010

    ArcLight Capital has closed the $129.3 million acquisition of the Sandersville gas-fired power plant

  • ArcLight out with Bayonne debt 10 July 2010

    ArcLight Capital is out to banks with a $370 million debt package for its 512MW gas-fired peaker in Bayonne, New Jersey

  • Reliance closes Krishnapatnam financing 10 July 2010

    Reliance Power has closed syndication of the Rs132 billion ($2.83 billion) of debt for its Rs175 billion 3960MW Krishnapatnam UMPP in Andhra Pradesh.

  • Hinduja signs power loan 09 July 2010

    Hinduja National Power Corp has signed a Rs41.6 billion ($892 million) 14.75-year project loan for its 1040MW Vizag coal-fired thermal power project in Andhra Pradesh

  • AES snags cut-rate Ballylumford 08 July 2010

    AES has agreed to buy the Ballylumford group of generating plants in Northern Ireland.

  • L&T signs hydro loan 06 July 2010

    Larsen & Toubro has signed a Rs7.83 billion ($169 million) 14-year-and-eight-month loan for its Singoli Bhatwari hydro-electric project.

  • Tenaska genco falls short in capacity auction 06 July 2010

    Disappointing capacity market auction results could hit the debt for the Tenaska-managed TPF II generation company.

  • Endesa sell-off picks up 06 July 2010

    Spanish national grid operator Red Electrica (REE) is financing a Eu1.48 billion takeover of some of Endesa’s power transmission assets with a Eu1.7 billion bridge loan

  • CLP exercising ECB refinancing option 06 July 2010

    CLP Power India is out to the international bank market for up to $300 million of dollar denominated funding for its 1.32GW Jhajjar IPP.

  • Second deadline extension for Chhattisgarh UMPP 05 July 2010

    India's Power Finance Corporation has extended the request for qualification deadline for the 4000MW Chhattisgarh UMPP by another two months to September 5.

  • Macquarie Power raises Helios Solar debt 05 July 2010

    Macquarie Power & Infrastructure Income Fund has reached financial close on a C$96.2 million ($94 million) five-year construction loan for the $131.9 million 20MW Helios Solar Star A1 PV project in Amhertsburg, Canada.

  • Conduit's Jamaica Energy approaches IFC on expansion 02 July 2010

    Conduit Capital has approached the International Finance Corporation for up to $30 million in senior and subordinated debt

  • ContourGlobal Kivuwatt nears approval for phase 1 financing 02 July 2010

    ContourGlobal Kivuwatt is in the process of getting principal approvals for financing of phase 1 of its two-phase 100MW integrated methane extraction/cogeneration project at Lake Kivu in Rwanda.

  • GWF mulls combined cycle expansion financing 01 July 2010

    Harbinger and PSEG are examining financing options for an expansion of one of the plants in the GWF Energy peaker portfolio

  • Reliance's Sasan coal meets US Ex-Im hurdle 01 July 2010

    The board of US Ex-Im rejected Reliance Power's application for a $560 million loan for its Sasan coal-fired power project

Month: Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Poll

Are staple financings a useful add-on in project/infrastructure M&A?

Most of the time
17%
Sometimes
50%
Rarely
17%
Too expensive
17%

View previous poll results