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State Grid to launch Brazil transmission bridge financing

A State Grid-led consortium is preparing to launch a bridge financing syndication for the more than R$5 billion ($2.1 billion) Belo Monte transmission line project in Brazil, IJGlobal has learnt

SACE to cover debt for Egypt’s 6th October plant expansion

Italian export credit agency SACE has committed to provide a debt guarantee for the €210 million loan being provided to state utility Egyptian Electricity Holding Company (EEHC) for the expansion of the 6 October plant near Cairo

Bank withdraws from Peru power plant financing

A bank has had to withdraw from the financing of a Peruvian power plant project just days before the deal was due to close, IJGlobal has learnt

Angamos places $800m bond issue

Chilean power generator and AES subsidiary, Angamos, placed an $800 million 144A/Reg S senior secured bond issuance on Friday (21 November 2014)

Adani Power to acquire Korba West Power

Adani Power will acquire Avantha Power's subsidiary Korba West Power, which owns a coal power plant in Chhattisgarh, India.

Singapore's Keppel and City Spring to merge

Temasek’s City Spring Infrastructure Trust and Keppel Infrastructure will merge to form Singapore’s biggest infrastructure-focued business trust

Commercial close for Peruvian transmission lines

The Peruvian Ministry of Energy and Mines has signed a contract with concession company Consorcio Transmantaro, on behalf of the Republic of Peru, for the Friaspata-Mollepata transmission project

Pakistan to retender Athmuqam Hydropower project

The government of Pakistan will retender the 350MW Athmuqam Hydropower project in the next few weeks after the itnital calls for interest failed to attract enough bidders

Engro consortium nears Pakistan coal power deal

An Engro consortium has been awarded a letter of intent by Pakistan’s Private Power and Infrastructure Board (PPIB) for the development of the 660MW Thar coal power project, Sindh, Pakistan

KLP to drop coal investment for more renewables

Norway’s largest pension fund manager KLP is to invest NOK 500 million ($73.7 million) more in renewable energy capacity in emerging markets

Fortum Sweden bidder list revealed

Five consortia are in the running in the multi-billion Euro sale of Finnish energy company Fortum’s Swedish grid assets

PPA delays for Mongolia's CHP5 power project

The sponsors for the $1.2 billion CHP5 combined heat and power plant in Mongolia have still yet to sign the PPA for the project

1MDB and Mitsui delay 3B sukuk issuance again

Sponsors 1 Malaysia Development (1MDB) and Mitsui have pushed back the proposed sukuk issuance for the M$11.1 billion ($3.33 billion) 3B power project in Malaysia, IJGlobal understands