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IFC mulls financing Bangladeshi power deal

The International Finance Corporation (IFC) is considering lending $75 million to the Bibiyana II independent power project in Bangladesh. The IFC board will meet to approve the loan on 8 April 2015

CfD budget boost day before early auction kick off

The UK government has made an extra £25 million ($38 million) of state cash available under its first £325 million Contracts for Difference (CfD) subsidy auction

Vietnam’s Vinh Tan 4 set for April drawdown

Vietnam Electricity Group is expected to close the project financing for the Vinh Tan 4 coal-fired power project in early April 2015

First State Investments reaches final close on EDIF fund

First State Investments has reached close on its €2 billion ($2.25 billion) European Diversified Infrastructure Fund (EDIF) after a fifth and final round of fundraising for the six-year-old fund

APR to exit Libya over government delays

Temporary power generation specialist APR Energy has said (26 January 2015) it will remove its assets in Libya following the failure of the its government to ratify the continuation of its contract

Banks line up for Myanmar’s Myingyan IPP

Sembcorp is rumoured to have lined up four banks in support for its bid for the roughly $500 million Myingyan Independent Power Producer project in Myanmar

LS Power closes refinancing for West Deptford

LS Power has closed refinancing for the $345 million construction debt for the West Deptford combined-cycle gas-fired plant, IJGlobal has learnt

Starwood closes Quail Run acquisition

Starwood has closed acquisition of the 550MW Quail Run combined-cycle gas-fired plant in Texas from Exelon, IJGlobal has learnt

Gulf Energy, Mitsui sign Thai SPP financing

Gulf Energy and Mitsui have signed a roughly $2.4 billion financing for a portfolio of 12 gas-fired cogeneration power plants in Thailand

Toyo Thai lines up JBIC debt for Myanmar power project

Toyo Thai is planning to mandate the Japan Bank for International Cooperation (JBIC) for roughly 80% of the $2 billion debt required for its 1,280MW coal-fired power project in Myanmar’s Mon state, IJGlobal has learnt

E.ON names Germany chief executive

Robert Hienz is to join E.ON's management board as chief executive of the utility giant's German activites

Carlyle to buy Malaga peaker

The Carlyle Group has agreed to buy the 96MW Malaga peaking plant in Fresno, California from the Kings River Conservation District

E.ON sells Italian power assets to EPH

German utility E.ON is to sell its Italian coal and gas assets, in a deal worth an estimated €500 million ($584.8 million) to Czech power producer Energetický a průmyslový (EPH)

Advanced Power to launch Carroll County financing

Advanced Power is planning to launch $525 million debt for the Carroll County combined cycle gas-fired project in Ohio in the next few weeks, IJGlobal has learnt