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

Welsh govt announce rates relief for community hydro projects
19 February, 2018
Community hydro-projects in Wales, UK, with a rateable value of up to...
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KfW IPEX-Bank provides loan for Ituango, Colombia
Wednesday, February 14, 2018 KfW IPEX-Bank is providing a loan of US$100 million for the 2.4GW Ituango hydropower plant in the department of Antioquia in Colombia.

Welsh minister offers support for Swansea Bay tidal lagoon
Thursday, January 18, 2018 Wales’ First Minister Carwyn Jones has pledged financial support to help kick-start the 240MW Swansea Bay Tidal Lagoon project, and has called on the UK government to “stop stalling”...

EBRD approves funds for Enguri
Monday, January 15, 2018 The European Bank for Reconstruction & Development (EBRD) has approved a €28 million loan for the modernisation and rehabilitation of the Enguri hydro power plant in Georgia.

Loan approved for Ituango build, Colombia
Monday, January 08, 2018 IDB Invest has approved a $1 billion loan package for Empresas Públicas de Medellín (EPM) to build the largest hydropower project in Colombia.

EIB backs renewable investment in Greece, including hydro
Wednesday, December 20, 2017 The European Investment Bank (EIB) has approved a €85 million loan that will support the refurbishment of existing small hydropower and wind projects, as well as the construction of...

Funding approved for tidal energy research in Canada
Tuesday, November 14, 2017 The Offshore Energy Research Association (OERA) is to provide funding totalling $1.25 million for five collaborative research projects which aim to address knowledge gaps and...

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...

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