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

Funding approved for tidal energy research in Canada
14 November, 2017
The Offshore Energy Research Association (OERA) is to provide...
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New funding round for Scotrenewables Tidal Power
Thursday, November 09, 2017 Scotrenewables Tidal Power – developer of the 2MW floating SR2000 tidal turbine – is embarking on a new funding round to take forward its tidal technology towards commercialisation....

Welsh marine energy sector gets EU funding boost
Monday, October 30, 2017 A test area for marine energy developers in the Milford Haven Waterway in Wales will be created thanks to a £1.2 million funding boost from the EU.

NIB finances three hydro projects in Norway
Thursday, October 19, 2017 The Nordic Investment Banks has agreed a €340 million loan deal with NTE AS to co-finance three hydropower projects in mid-Norway.

FMO funds Ugandan hydro schemes
Wednesday, October 11, 2017 Dutch development bank FMO is supporting the developments of run-of-river hydropower in Uganda by underwriting a US$39 million senior debt for the 16MW Rand and 6MW Nyamagasani 1 and...

Ethiopians contribute $460 million to Renaissance Dam
Tuesday, October 03, 2017 The Ethiopian National Council for the Coordination of Public Participation on the Construction of the Grand Ethiopian Renaissance Dam (GERD) said Ethiopians have so far...

KfW supporting energy development in Liberia
Wednesday, September 20, 2017 On behalf of the German Ministry for Economic Cooperation and Development (BMZ), KfW has signed a €15 million grant for electricity grid connections in Liberia's capital of Monrovia,...

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).

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