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 agrees funding for new hydro build in Norway
04 December, 2019
The Nordic Investment Bank (NIB) and Norwegian utility company Sogn...
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Genex in new MOU with J-Power
Friday, November 22, 2019 by Genex Power Limited has signed a new Memorandum of Understanding (MOU) with Electric Power Development Co Ltd trading as J-Power that could see the latter take shares in the...

Joule Africa gets grant for Kpep project, Cameroon
Thursday, November 14, 2019 by Joule Africa has received a US$500,000 grant to help finance the final stage of feasibility studies, including part of the Environmental & Social Impact Assessment (ESIA), for its...

NAIF extends funding date for Kidston pumped storage project
Wednesday, November 13, 2019 by The Northern Australia Infrastructure Facility (NAIF) Board has extended the date of its offer of long-term concessional loan funding for the Kidston Stage 2 pumped storage hydro...

Technologies selected to receive US DOE funds
Monday, November 04, 2019 by Technologies that could help advance the marine and hydrokinetics industry and increase hydropower’s ability to serve as a flexible grid resource are set to benefit from up to...

ADB signs $60 million deal for Upper Trishuli-1 project, Nepal
Monday, November 04, 2019 by The Asian Development Bank (ADB) has agreed a $60 million financing package with Nepal Water and Energy Development Company Private Limited (NWEDC) to help build and operate a...

WAPDA reports highest-ever hydro contribution
Monday, October 07, 2019 by The Pakistan Water and Power Development Authority (WAPDA) reported that the contribution of hydroelectric power delivered to the National Grid during the first quarter of the fiscal...

Downing exits sixth hydro investment
Monday, October 07, 2019 by Investment manager Downing has announced it has exited its sixth hydroelectric investment in Scotland, adding that it expects to exit its seventh investment by the end of the year.

Funds approved for floating solar project at hydro plant in Vietnam
Friday, October 04, 2019 by The Asian Development Bank (ADB) has agreed to loan Da Nhim–Ham Thuan–Da Mi Hydro Power Joint Stock Company (DHD) $37 million to install a 47.5MW peak floating photovoltaic (PV)...

ADB approves funds for hydro development in Uzbekistan
Wednesday, October 02, 2019 by The Asian Development Bank (ADB) has approved a $60 million loan to Uzbekistan to help build six new hydropower plants with a total capacity of 25MW.

ADB approves funds for Tina River Hydro, Solomon Islands
Friday, September 27, 2019 by The Asian Development Bank (ADB) has approved funding totaling $30 million for the development of a 15MW hydropower plant on the Tina River, just outside Honiara in the Solomon Islands.

Funds announced for US dam repairs
Wednesday, September 11, 2019 by Dams in West Virginia, US, classified as “high hazard potential” are receiving federal funding assistance it has been announced.

Kikagati hydro station reaches financial close
Monday, August 12, 2019 by The 14MW Kikagati hydro power station being built on the border between Uganda and Tanzania has reached financial close, the Emerging Africa Infrastructure Fund (EAIF) has...

France helps fund hydro rehab in Pakistan
Tuesday, July 30, 2019 by A project to rehabilitate the Chitral and Dargai in Pakistan is to benefit from over €50 million in funding from the French Agency for Development (AFD).

Further funding approved for Kidston Stage 2 project
Monday, July 15, 2019 by Genex Power Ltd’s 250MW Kidston Stage 2 pumped storage project could reach financial close by the end of September 2019, the company has suggested, as it was announced that the...

Gordon Butte pumped storage project gets lead equity investor
Thursday, July 11, 2019 by Absaroka Energy LLC, the developer of the 400MW Gordon Butte closed loop pumped storage project in Montana, US, has secured equity investment capital for the project from...

Minesto gets funding for Deep Green development
Thursday, July 04, 2019 by The Swedish Energy Agency has awarded marine energy developer Minesto a SEK 12.5 million grant to support the development of its marine power plant DG100 that features the company’s...

DBSA commits US$4.9 million for Bumbuna II project, Sierra Leone
Wednesday, June 12, 2019 by The Development Bank of Southern Africa (DBSA) has committed US$4.9 million to finance the remaining project development activities at Joule Africa’s 143MW Bumbuna II hydropower...

Funds approved for hydro schemes in AIIB’s first investment in Nepal
Monday, June 10, 2019 by The Asian Infrastructure Investment Bank (AIIB) has approved funding totaling almost US$92 million for hydropower projects and power distribution system upgrades in Nepal – the...

Green loan to help develop Iberdrola’s Tâmega pumped storage plant
Saturday, June 01, 2019 by Iberdrola has received €400 million from Spain's Instituto de Crédito Oficial (ICO) – the largest every green loan granted by the financial institution – with the funds to be allocated...

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