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 Bugoye plant, Uganda
20 July, 2017
The Emerging Africa Infrastructure Fund (EAIF) and Dutch development bank...
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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...

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...

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