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Power

  • October 2008

    InterGen closes TransAlta Mexico purchase 31 October 2008

    InterGen has completed the acquisition of two Mexican independent power projects from TransAlta.

  • Conduit buys Brazil hydro stake 31 October 2008

    Conduit Capital has bought a 50% stake in Brazilian hydroelectric project developer GLEP Energias Renováveis e Participações.

  • Power Seraya sale postponed 31 October 2008

    Temasek Holdings has delayed the privatisation of Power Seraya

  • CIC's Rothschild hire signals change of tack 31 October 2008

    CIC Energy has appointed Rothschild as financial adviser to the Mmamabula integrated coal to power project in Botswana

  • EAIF bankrolls Ugandan hydro 30 October 2008

    Emerging Africa Infrastructure Fund (EAIF) is to provide $49 million of debt to two power projects in Uganda

  • US DoE extends loan programme deadline 30 October 2008

    The United States Department of Energy has extend the application period for renewable energy project loan guarantees

  • Third Spanish power tarriff deficit issued 29 October 2008

    JP Morgan has closed a Eu582.6 million ($771 million) securitization of Spanish power tariff deficits - the third to date.

  • PPC Power refinanced 27 October 2008

    Joint mandated lead arrangers Unicredit (alos bookrunner) and Dexia (Slovenia) have closed a Sk5.6 billion ($228 million) for Slovak CCGT

  • Duke's Paranapanema closes bonds 27 October 2008

    Brazilian generation company Geracao Paranapanema has closed a R341 million ($150 million) local bond issue.

  • Pristine and ENMAX close energy recovery debt 27 October 2008

    Pristine Power and ENMAX Corporation have closed a C$24.6 million ($19 million) financing for the 150 Mile House and Savona energy recovery generation projects.

  • MACH Gen sells to repay 24 October 2008

    Tenaska Capital Management has bought the Covert generating plant from the MACH Gen power portfolio company.

  • Gener's Angamos closes 24 October 2008

    AES Gener has closed the $988 million debt financing for the Angamos coal-fired power project in Chile.

  • T-Power CCGT close due mid-November 24 October 2008

    The Eu440 million project financing of the 410MW T-Power CCGT scheme in Flanders Belgium should be closed by a club of ten banks by mid November.

  • EIF's Hudson and Astoria likely in 2009 23 October 2008

    The financings for the EIF-sponsored Hudson transmission and Astoria Energy II are set to come to market in early 2009.

  • Theun Hinboun financial close 23 October 2008

    The $600 million Theun Hinboun dual-currency project loan signed on 8 October. The deal backs the expansion to 500MW of Theun Hinboun Power Company

  • Sasan in market, Mundra signs 23 October 2008

    SBI is in the market with a Rp35 billion ($704 million) local bank portion of the debt package backing Reliance's 3,960MW coal-fired Sasan UMPP.

  • Exelon offer may complicate GenConn placement 21 October 2008

    GenConn, a joint venture between NRG energy and United Illuminating, hopes to fund its two Connecticut peaking power projects with a 30-year private debt placement.

  • Ras Al Zour renegotiations 21 October 2008

    The banks backing the preferred bidding consortium - comprising Sumitomo, Malakoff International and Al Jomaih Automotive - on the $5.5 billion Ras Al Zour independent water and power project (IWPP) are looking to

  • Oman Power & Water looks to mandate IWPP advisory 21 October 2008

    Oman Power & Water Procurement Company has received four bids to provide advisory services on two planned independent water and power projects (IWPPs)

  • Eskom prequalifies 27 for IPPs 21 October 2008

    Eskom has prequalified 27 developers for its multisite base-load independent power producer (IPP) programme - a series of build-own-operate (BOO)

  • Tema power lands senior and mezzanine package 20 October 2008

    Ghanaian power developer GECAD (General Electrical Center for African Distribution) has lined up $96 million in debt financing for its Osonor power project.

  • First Gas syndication underway but will it take? 20 October 2008

    First Gas Power (owned 60/40 by First Gen Corp and BG Energy) launched syndication of its $668.7 million A and B loan facility for the 1000MW Santa Rita CCGT

  • Map Ta Phut coal IPP financed 16 October 2008

    Bookrunners KfW, Standard Chartered and SMBC have brought in six other banks for the $750 million financing of Gheco-One's 660MW coal-fired power project

  • Norpak withdraws from Karuma hydro 15 October 2008

    Norwegian company, Norpak Power, has withdrawn from developing the proposed 200MW Karuma hydro plant in Uganda

  • CPS Energy delays bond 14 October 2008

    US-based CPS Energy has delayed a $319 million bond issue due to the state of the financial markets

  • Rabai power closes and no flex 10 October 2008

    The Eu114.2 million ($153 million) debt financing for the 88.8MW Rabai power project in Kenya closed on 8 October - the first power project financing in Kenya since Kipevu 2 in 2000

  • Unistar mandates nuclear advisory 10 October 2008

    UniStar Nuclear Energy - a joint venture between Constellation Energy and EdF - has mandated Credit Suisse and SG to advise on financing its $4-5 billion 1.6 GW Unit 3 nuclear

  • Hallett 2 wind clubbed 10 October 2008

    The A$216 million ($142.9 million) dual-tranche debt package for Hallett Hill 2, an SPV for the 71MW Hallett 2 wind farm project

  • GenConn wins Connecticut peaker plant 09 October 2008

    The Connecticut Department of Public Utility Control has awarded a 200MW peaking power contract to GenConn.

  • EnPlus CCGT closes just in time 09 October 2008

    Atel reached financial close on its 408MW EnPlus CCGT project in San Severo, near Foggia in Puglia, on 26 September 2008

  • Ilisu financing faces environmental default 08 October 2008

    The German Federal Ministry for Economic Cooperation and Development says that the export credit agencies backing the Ilisu dam's construction may issue a notice of environmental failure

  • Senoko syndication launch 08 October 2008

    The S$2.9 billion ($1.97 billion) bridge loan for Singapore's Senoko Power is out to the syndication market, despite the loan market being crippled by lack of liquidity and spiralling interbank rates

  • Verbund and EVN sign Albanian hydro concession 06 October 2008

    Austrian utilities Verbund and EVN have signed a 35-year concession for the Ashta hydro-electric power project

  • EdF's British Energy loan launched to senior 06 October 2008

    The £11 billion (£19 billion) syndicated loan backing 85% state-owned EdF's £12.5 billion buyout of British Energy has been launched to senior syndication

  • Benelux power deals jostle for close 03 October 2008

    Four Benelux power deals are in the bank market at the moment

  • Tyr funds biomass vehicle for Nacogdoches 02 October 2008

    Tyr Energy, BayCorp, and Energy Management Inc have formed a new venture, called American Renewables

  • Ezz Steel issues power RFQ 02 October 2008

    Eqyptian steel producer Ezz Steel has issued an invitation to pre-qualify for a 320MW power project project.

  • Calpine draws on corporate credit line 02 October 2008

    Calpine Corporation has drawn down $725 million of the $1 billion senior secured revolver it closed after it emerged from bankruptcy.

  • Wolf Hollow financing skirts default 01 October 2008

    The B loan financing for the acquisition of the Wolf Hollow power plant is in danger of technical default following a series of outages at the facility

  • Blue Mountain: TCW jumps in 01 October 2008

    Nevada Geothermal closed a $180 million long-term construction loan for its Blue Mountain I geothermal project with TCW on 4 September. The financing carried a hefty 14% interest rate, and indicates the difficulties that geothermal developers face in syndicating their debt to inexperienced banks in ...

  • Crunching US Power's fragile recovery 01 October 2008

    The bankruptcy of Lehman Brothers now looks like an insubstantial starter before the frozen main course of the broken bank lending market. But its collapse provided an indication of what might happen if larger and more active peers in the energy market had failed, and generated considerable uncertai...

  • EnPlus CCGT: A close close 01 October 2008

    Authorisation for the 408MW EnPlus CCGT project in San Severo, near Foggia in Puglia, was first sought in 2002 – but it took until the deal was in the teeth of the worst credit crisis for over half a century for it to eventually reach financial close on 26 September 2008.

  • FMOverlord 01 October 2008

    Local and specialist developers have quietly filled the vacuum that US developers left in the African power sector. But even before the crunch the market was heavily reliant for debt – and equity – on development banks such as FMO. By Robin Sayles.

  • Limited capacity 01 October 2008

    US regulators have struggled for years to develop a system that adequately encouraged new capacity additions. But the fruits of their efforts have so far been disappointing. By Richard Garcia, Natixis.

  • Mundra P-UMPPs up the volume 01 October 2008

    Expected to be the first of India's Ultra Mega Power project (UMPP) financings to reach financial close, the Mundra financing will be the benchmark for future UMPP deals in a very difficult lending market. By Santosh Janakiram, Partner, Amarchand Mangaldas, Mumbai.

  • Reliant ditches credit sleeve and plans refinancing 01 October 2008

    Reliant Energy plans a number of changes to its capital structure in the wake of market uncertainty and the impact of Hurrican Ike on its operations

  • Unfortunate timing 01 October 2008

    Indonesia's raft of power projects are caught up in the global financial crisis, and are facing higher debt pricing and a retreat by some international lenders. But the Indonesian government is determined to press ahead. By Michael Marray

  • X Factor 01 October 2008

    Brazil's MPX has plans for an ambitious slate of coal-fired power projects in Brazil and Chile. Has it made the right bet on fuel prices, and will lenders respond positively? Tom Nelthorpe talks to CFO Rudolph Ihns.

Latest Deals Database updates

A7 Road PPP Update date 16/04/2014
Sector Transport > Availability road
Country Europe - EU > Germany
Total Debt Loan Amount
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Sector Renewables > Onshore wind
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Total Debt Loan Amount $m94.95
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Sector Social Infrastructure/PPP/P3/PFI > Prisons
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