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Macquarie, bcIMC-led investor group to buy Cleco

An investor group led by Macquarie Infrastructure and Real Assets (MIRA) and British Columbia Investment Management Corporation (bcIMC) have agreed to acquire the utility holding company Cleco Corporation for about $3.4 billion

MIGA to cover Angolan hydro plant

MIGA is considering providing a €600 million (US$768m) guarantee for the Lauca hydroelectric power project in Angola, the agency disclosed last week

First major deal in Kosovo power for EBRD

The European Bank for Reconstruction and Development (EBRD) has made its first large investment in Kosovo’s power sector

Gas Natural Fenosa offers US$3.3bn for Chile's CGE

Gas Natural Fenosa, the listed Spanish power and gas utility, has agreed to buy Chile’s Compañia General de Electricidad, the largest integrated utility firm in South America, in a €2.6 billion (US$3.3bn) deal

Bids in for Myanmar's Myingyan IPP

The bids are in for the proposed 250MW gas fired Myingyan IPP in Myanmar’s Myingyan region

Ratch to undertake Myanmar coal fired feasibility study

Thailand’s Ratchaburi Electricity (Ratch) will undertake a feasibility study into a 2,640MW coal-fired power plant project located in Myeik, Tanintharyi region, Myanmar

Hemas sells out of Sri Lankan power portfolio

Hemas Holdings is selling a 75% stake in Sri Lankan power producer Hemas Power to three domestic investors for Rs1.68 billion ($12 million)

1MDB and Mitsui near close on 3B sukuk

1MDB and Mitsui are understood to be pricing the M$8.4 billion sukuk issue for the 3B power project in Malaysia

Statoil boss to leave for BG Group

Statoil chief executive Helge Lund is to leave the Norwegian energy business to take up the same role at British oil multinational BG Group

EIB debt for LitPol Link

The European Investment bank is looking at a €65 million loan for the €132 million Lithuanian section of the LTL1.3 billion ($480 million) LitPol interconnector project

Norway approves power cable to UK

The Norwegian government has granted a licence allowing the 1400MW, £1 billion ($1.6 billion) NSN Link subsea power project linking Norway and the UK to go ahead

Dynegy launches $5.1bn in bonds to finance acquisitions

Texas based utility company Dynegy has launched $5.1 billion in private placement bonds to finance the acquisition of a group of power plants from Duke Energy and Energy Capital Partners (ECP)

Kansai Electric closes Nam Ngiep 1 hydro PPP

The Kansai Electric Power led consortium has reached financial close on the 290MW Nam Ngiep 1 Hydropower PPP project in Laos, IJGlobal can reveal

South Africa to sign nuclear power deal with France

South African President Jacob Zuma has authorised Minister of Energy Tina Joemat-Petersson to sign a bilateral nuclear power agreement with France

Energy disputes partner joins Squire Patton Boggs

Squire Patton Boggs has announced the appointment of international dispute resolution partner Ben Holland, who has joined the firm from Covington & Burling

Summit Power signs PPA for Texas Clean Energy Project

Summit Power has signed a 25-year power purchase agreement (PPA) with CPS Energy for the $2.5 billion integrated combined cycle coal gasification (IGCC) project in Texas

Brazil transmission tender due December

Brazil’s National Power Agency (Aneel) expects to hold a transmission line auction on 19 December 2014 at the BM&FBOVESPA in São Paulo

Banks extend commitments on Central Java power project

Nine out of the 10 banks mandated for the roughly $4 billion Central Java project have rolled over their commitments following the extension of the deadline for financial close