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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.
Energy Investment
Japan Steps up Renewables Investment to Beat 2030 Target
Japan will invest more than $100bn in wind and solar generation before 2030.
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