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

KfW supporting energy development in Liberia
20 September, 2017
On behalf of the German Ministry for Economic Cooperation and...
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Laminaria raises €2 million for wave energy development
Tuesday, September 12, 2017 Wave energy generation company Laminaria has raised €2 million from new investors, QBIC II and PMV, and existing investor CEIP, with the funds to be used to further support...

IFC helps Lao PDR ramp-up sustainability efforts in hydropower
Tuesday, September 05, 2017 World Bank Group member IFC is to work with the Lao People’s Democratic Republic’s Ministry of Energy and Mines (MEM) to advance environmental and social sustainability in the...

Funds approved for Karelia hydro plants
Friday, August 18, 2017 Two new hydropower projects with a total capacity of 50MW are to be built in the Republic of Karelia with the aid of the loan approved this week by the Eurasian Development Bank (EDB)...

EBRD and Green Climate Fund join forces to support renewables in Egypt
Friday, August 18, 2017 The European Bank for Reconstruction and Development (EBRD) and the Green Climate Fund (GCF) are teaming up to make a major contribution to a US$1 billion renewable energy project in Egypt.

Funding approved for Bugoye plant, Uganda
Thursday, July 20, 2017 The Emerging Africa Infrastructure Fund (EAIF) and Dutch development bank FMO are going 50-50 to provide US$29.3 million in funds to refinance the 13MW Bugoye hydroelectric power plant...

AFD helps fund Indian hydro schemes
Thursday, July 06, 2017 French development agency AFD is to provide €80 million to help fund the development of two hydropower projects with a combined capacity of 78MW in Himachal Pradesh, India.

EIB completes Nordlink financing
Wednesday, June 14, 2017 The European Investment Bank (EIB) has signed a EUR 300 million loan agreement with Norwegian transmission system operator (TSO) Statnett for the completion of the Nordlink...

Pacific Hydro implements funding facility
Thursday, May 25, 2017 Pacific Hydro has implemented a multi-currency A$670 million equivalent global funding facility to finance a significant portion of the company’s international operating and...

IIC to fund first public-private partnership transmission line in Uruguay
Thursday, May 25, 2017 The Inter-American Investment Corporation (IIC) has approved a $56 million financing package for a 500kV transmission line between the cities of Melo and Tacuarembó, a project will...

Pakistan, Japan in funding deal
Wednesday, May 10, 2017 Pakistan and Japan have signed a $24 million loan agreement for the second phase of the Islamabad-Burhan Transmission Line Reinforcement project, a scheme which will reinforce...

GCF approves funds for Tina River project, Solomon Islands
Wednesday, April 19, 2017 The Green Climate Fund (GCF) has approved US$86 million in funding towards the Tina River Hydropower Project, in a bid to help the Solomon Islands to reduce reliance on diesel fuel.

AfDB pledges support to Batoka Gorge project
Wednesday, April 12, 2017 The African Development Bank (AfDB) has reaffirmed its support to the 2400MW Batoka Gorge hydroelectric scheme and confirmed it will be the lead financier for the project.

Hydro and irrigation schemes get GCF funding
Thursday, April 06, 2017 A hydropower plant in Tajikistan and an irrigation scheme in Morocco are to benefit from funding from the Green Climate Fund (GCF), the European Bank for Reconstruction and...

EIB funds first interconnection between Germany and Norway
Tuesday, April 04, 2017 A project that will bring surplus hydro generation from Norway to Germany is to receive a EUR 350 million loan from the European Investment Bank (EIB).

Pakistan’s Karot project achieves financial close
Thursday, March 30, 2017 The 720MW Karot hydropower project on the Jhelum River in Pakistan has achieved financial close, the lenders technical, environmental and social advisor – Mott Macdonald – has announced.

Engie issues Green Bond to finance new renewables, including hydro
Thursday, March 23, 2017 Engie has announced it has successfully issued its second Green Bond of €1,5 billion, with the proceeds to be used to finance renewable energy projects such as wind and solar...

IFC invests in Karot project, Pakistan
Wednesday, March 15, 2017 World Bank Group member IFC has announced it is to invest $100 million in its largest hydroelectric power project to date – the 720MW Karot run-of-river hydropower project on the...

World Bank OKs funds for renewables in Argentina
Thursday, March 02, 2017 The World Bank has approved a US$ 480 million guarantee to help Argentina meet its target of 20% of energy consumption originating from renewable energy by 2025, a move that will...

NIB loans Wartsila funds for Eniram and American Hydro acquisitions
Thursday, February 23, 2017 Wärtsilä’s plans to expands its digital portfolio has received a boost with the news that it has signed a EUR 40 million loan agreement with the Nordic Investment Bank (NIB) for...

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...

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