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Stay up to date with the latest Project finance updates from the global international water power industry

Latest Project finance Update

WAPDA reports highest-ever hydro contribution
07 October, 2019
The Pakistan Water and Power Development Authority (WAPDA) reported that...
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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...

Grant approved to support private investment in Ethiopia’s hydro sector
Thursday, May 23, 2019 by The African Development Bank’s Sustainable Energy Fund for Africa (SEFA) has approved a grant to help spur investments in hydropower in Ethiopia.

Seamor Marine receives funds from Government of Canada's Women Entrepreneurship Strategy
Tuesday, May 14, 2019 by Seamor Marine Ltd, manufacturer of subsea observation and inspection-class remotely operated vehicles (ROVs), is to receive an investment of up to $100,000 from the Women...

IFC and Lao PDR’s Ministry of Energy and Mines partner to boost private sector investment
Tuesday, April 16, 2019 by IFC, a member of the World Bank Group, and Lao PDR’s Ministry of Energy and Mines (MEM) have signed a Memorandum of Understanding (MoU) to strengthen and extend the country’s...

ADB approves funds for hydro modernisation in the Kyrgyz Republic
Wednesday, April 03, 2019 by The Uch-Kurgan hydropower plant – the oldest of the six plants installed along the Naryn River cascade in the Kyrgyz Republic – is set to benefit from a $100 million financing...

Additional funds approved for dam safety in India
Tuesday, March 12, 2019 by Additional funding of $137 million has been approved for a project that will help rehabilitate and modernize over 220 selected large dams in the Indian states of Karnataka, Kerala,...

InfraCo Asia in agreement for hydro development in Pakistan
Monday, February 25, 2019 by InfraCo Asia Development Pte. Ltd (InfraCo Asia), a company of the Private Infrastructure Development Group (PIDG), is hoping to open up future private sector investment in...

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