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

Britain and Norway partner for African hydropower
27 June, 2022
UK Prime Minister Boris Johnson has announced that British...
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OPEC Fund loans US$72 million to Mohmand Dam
Monday, June 27, 2022 by The OPEC Fund for International Development is providing a US$ 72 million loan in support of the 800MW Mohmand Multipurpose Dam Project in Pakistan.

$80 million funding boost for New Atlin expansion project in Canada
Tuesday, June 07, 2022 by The Canada Infrastructure Bank (CIB), in partnership with the Taku River Tlingit First Nation owned Tlingit Homeland Energy Limited Partnership, has committed $80 million towards...

Biden-Harris Administration announces $240 million to repair aging water infrastructure
Friday, May 13, 2022 by The US Department of the Interior has received an investment of $240.4 million for infrastructure repairs in fiscal year 2022 from President Biden’s Bipartisan Infrastructure Law. To...

Indian govt approves funds for Kwar hydro project
Thursday, April 28, 2022 by The Cabinet Committee on Economic Affairs in India has approved the investment of Rs.4526.12 crore for the 540MW Kwar hydroelectric project on the river Chenab in Kishtwar district...

KfW signs finance agreement for Aswan hydro stations, Eqypt
Friday, April 22, 2022 by The Egyptian government and German Development Bank KfW have signed a €26 million financing agreement for the rehabilitation of three hydroelectric projects in Aswan, Daily News Egypt...

Canadian Govt approves $32.2 million funding for Atlin Hydro Expansion
Tuesday, April 19, 2022 by The Atlin Hydro Expansion Project in Canada is set to benefit from a $32.2 million investment from the Canadian Government through the Low Carbon Economy Fund.

SAE secures loan for turbine redeployment at MeyGen
Monday, April 04, 2022 by Simec Atlantis Energy (SAE) has secured a £2.5 million loan from Scottish Enterprise for the redeployment of the remaining two turbines at its MeyGen tidal power site within the next...

B.F. Sisk dam safety project first to get funding through US President Biden’s Bipartisan Infrastructure Law
Thursday, March 31, 2022 by The Department of the Interior has announced the US Bureau of Reclamation (USBR) is providing project-specific funding of $100 million for the modification of B.F. Sisk Dam in...

US$180 million in financing agreed for Mohmand dam project, Pakistan
Thursday, March 31, 2022 by The Islamic Development Bank (IsDB) has signed financing agreements amounting to US$180 million for development of the 800MW Mohmand Dam and Hydropower project in Pakistan.

Govt funds approved for Hells Gates Dam in Queensland, Australia
Wednesday, March 23, 2022 by Funding of $5.4 billion has approved by the Australian federal government to build the Hells Gates Dam in North Queensland.

Akuo refinances Bulgarian hydro plants
Monday, March 14, 2022 by A portfolio of five operational hydroelectric power plants in Bulgaria with a capacity of 15.5MW have successfully been refinanced, France-based power producer Akuo has announced,...

Funds to help commercial roll-out of Mocean Energy’s wave energy technology
Tuesday, March 08, 2022 by Wave power developer Mocean Energy is set to advance the design of its Blue Star wave machine thanks to major new equity funding.

HYDROGRID raises investment from SET Ventures
Tuesday, February 15, 2022 by HYDROGRID, an Austrian tech company providing software for real-time planning & dispatch of hydropower plants, has completed an investment round led by SET Ventures with the goal to...

Hydropower sustainability fund open for applications
Monday, February 14, 2022 by Hydropower project developers and operators in over 40 countries can npw apply for funding to help finance an independent assessment of a project’s sustainability performance as...

MPS gets UK govt funds for wind and wave project
Wednesday, January 26, 2022 by Marine Power Systems (MPS) is set to further develop its technology that incorporates wind and wave power after being awarded £3.5 million of grant funding through the UK...

Consortium granted leverage-funding for grid-scale energy storage concept
Friday, January 14, 2022 by An international consortium led by Swedish grid-scale energy storage company Mine Storage has been granted funding to finalize the blueprint for what could be the world’s...

ICE gains first certified climate bond
Thursday, January 06, 2022 by The Costa Rican Electricity Institute (ICE) has become the world’s first hydropower operator to obtain green bond certification using newly released criteria, the International...

£20 million a year funding boost announced for tidal energy in the UK
Tuesday, December 07, 2021 by The tidal energy industry in the UK is set to benefit from a £20 million per year investment recently announced by the Government.

EIB funds to support small hydro development in Italy
Tuesday, November 16, 2021 by The European Investment Bank (EIB) is providing €49 million to Iniziative Bresciane S.p.A. (INBRE) for the construction of 12 small run-of-river hydroelectric plants and the...

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