Project finance - Page 1

Stay up to date with the latest Project finance updates from the global international water power industry

Latest Project finance Update

NIB loans Wartsila funds for Eniram and American Hydro acquisitions
23 February, 2017
Wärtsilä’s plans to expands its digital portfolio has received a boost...
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IFC sorts $140 milion funding deal for Vorotan Cascade, Armenia
Thursday, February 09, 2017 Funding totalling $140 million has been arranged by World Bank Group member IFC to help upgrade the 404MW Vorotan Hydropower Cascade in Armenia - the first major international...

EBRD cancels loan for Boskov Most hydropower plant, Macedonia
Thursday, January 26, 2017 The European Bank for Reconstruction and Development’s €65 million loan to Macedonian electricity generation utility ELEM for construction of Boskov Most hydropower plant has...

EBRD, EU and TBC Bank join forces to fund Georgian hydro project
Friday, January 20, 2017 TBC Bank, the European Bank for Reconstruction and Development (EBRD) and the European Union (EU) are to provide US$14.3 million in funding for construction of Rustavi Group’s...

Loan agreements to support Tarbela expansion, Pakistan
Thursday, January 19, 2017 Pakistan has signed loan deals worth $720 million with the World Bank and the Asian Infrastructure Investment Bank (AIIB), with part of the funding to be used to support the...

IRENA, ADFD funding hydro project in the Solomon Islands
Tuesday, January 17, 2017 A government-backed 20MW reservoir dam and hydropower facility in the Solomon Islands is one of four renewable energy projects to receive a total of US$44.5 million in funding from...

Major milestone for 870MW Suki Kinari project, Pakistan
Friday, January 13, 2017 One of the largest private sector hydropower projects in Pakistan – the 870MW Suki Kinari project – has reached a major milestone with news that the project has achieved financial...

Boralex closes financing for Yellow Fall hydro project, Canada
Tuesday, January 03, 2017 Boralex Inc has announced it has secured $74.3 million in financing for the Yellow Falls hydroelectric project on the Mattagami River in Ontario, Canada.

Pakistan Govt in Diamer Bhasha dam financing plan
Monday, December 05, 2016 Pakistan Prime Minister Nawaz Sharif has reportedly approved ‘in principle’ financing for the 4500MW Diamer Bhasha Dam on the Indus River.

EIB to strengthen support for renewable energy in North Africa
Thursday, November 17, 2016 The European Investment Bank has today confirmed plans to strengthen support for the Green for Growth Fund to enable new investment in small scale energy efficiency and renewable...

Scottish hydro scheme gets £1.25 million from crowd funding
Thursday, October 27, 2016 £1.25 million in crowd funding has been secured for the Lochy Hydro project in Argyll, Scotland.

Zimbabwe Govt provides funds for Tokwe-Mukorsi dam completion
Wednesday, October 26, 2016 Work is set to continue on the Tokwe-Mukorsi dam in Zimbabwe after the country’s government released US$20.3 million for use towards project completion.

New funding injection for Marine Power Systems
Wednesday, October 19, 2016 Wave energy technology developer Marine Power Systems (MPS) is set to assess the feasibility of a next-generation device thanks to a £200,000 of energy catalyst funding from Innovate...

Ullico invests in hydro portfolio
Wednesday, October 12, 2016 Ullico Inc is providing an additional $50 million in funding to the Eagle Creek Renewable Energy Hydroelectric power portfolio, expanding on a prior financing it completed in 2015.  ...

Brazilian bank shifts focus to renewables
Wednesday, October 12, 2016 Brazil’s development bank (BNDES) says it will no longer fund new coal or oil fired power plants but will increase support for renewable energy projects, including small hydro.

Funding boost for Tarbela expansion, Pakistan
Wednesday, September 21, 2016 Funding has been approved by the World Bank for the installation of a new powerhouse at the Tarbela Fourth Extension Hydropower Project in Pakistan, increasing the total capacity of...

Major investment for Vietnam hydropower firm
Friday, September 02, 2016 Financial firms UOB Venture Management and Orix have both confirmed they are investing US$25 million each in Vietnamese hydropower owner and operator Bitexco Power.

Grant helps fund hydro and irrigation study in Tanzania
Thursday, August 04, 2016 The African Water Facility (AWF) has approved a €2 million grant to help the government of Tanzania launch the pre-feasibility study of a 300MW multipurpose dam, irrigation and...

World Bank suspends funding for Inga 3
Tuesday, July 26, 2016 The World Bank Group has announced it has suspended disbursements of funding to the Inga-3 project in the Democratic Republic of Congo (DRC), due, it says, to the Government of...

Turkey's Akfen Holding eyes 1000MW renewable capacity with bank support
Tuesday, July 19, 2016 Turkish infrastructure group Akfen Holding is set to increase its renewable energy portfolio to 1000MW – including new hydro developments - with support from the European Bank...

EIB makes first investment in wave energy technology
Monday, July 11, 2016 The European Investment Bank (EIB) is to invest up to EUR 10 million in Finnish firm AW-Energy, supporting development of its commercial “WaveRoller” wave energy technology.

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