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

Deadline extended for $1m assessment fund for sustainable hydropower projects
07 April, 2020
The deadline for the Hydropower Sustainability ESG Assessment Fund...
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ARENA provides funds for Oven Mountain pumped storage study
Monday, April 06, 2020 by A new study that will analyse the benefits that a planned pumped storage project would have on the development of the New England Renewable Energy Zone (REZ) in northern New South...

World Bank approves additional $700 million for the Dasu project, Pakistan
Wednesday, April 01, 2020 by The World Bank has approved an additional $700 million in financing for the Dasu Hydropower Project in Pakistan, with the funds to be used for the transmission line that will complete...

Natel Energy raises $11 million in investment
Thursday, March 26, 2020 by Natel Energy, a supplier of sustainable hydropower solutions, today announced that it has closed an $11 million investment, led by Schneider Electric Ventures and supported...

MIGA announces first ever guarantee in the Solomon Islands for a hydro plant
Thursday, March 19, 2020 by The Multilateral Investment Guarantee Agency (MIGA), a member of the World Bank Group, has issued guarantees that will support the development, financing, construction, operation,...

Magallanes secures support to extend testing period for tidal platform
Wednesday, February 26, 2020 by Tidal energy developer Magallanes Renovables will extend the testing period for its second generation 2MW tidal platform ‘ATIR’ at the European Marine Energy Centre (EMEC) after...

IHA launches $1m assessment fund for sustainable hydropower projects
Friday, February 21, 2020 by A new sustainability fund has been launched to aid hydropower project developers and operators in Africa, Asia, Europe and the Americas to benchmark and raise their social...

APG further invests in Småkraft
Tuesday, February 18, 2020 by APG has invested a further €250 million in hydropower company Småkraft for pension fund ABP, bringing its total investment in the company to €550 million following two previous...

NIB loan to fund hydro upgrades in Norway
Thursday, January 30, 2020 by The Nordic Investment Bank (NIB) is to lend NOK 600 million (€59.39 million) to Norwegian energy company Agder Energi AS to renew hydropower facilities and install an additional...

Grant approved to support Ruzizi IV project preparation
Monday, January 13, 2020 by Plans for the 287MW Ruzizi IV hydropower project on the Ruzizi River between Rwanda and the Democratic Republic of Congo are moving forward with news that the African Development...

Tina River project construction set to start next year
Thursday, December 19, 2019 by A landmark financing agreement has been completed for the 15MW Tina River hydropower project in the Solomon Islands, allowing construction to start in 2020.

AfDB supports Sahofika project, Madagascar
Thursday, December 19, 2019 by The African Development Bank (AfDB) has approved a Partial Risk Guarantee (PRG) of $100 million for development of the 205MW Sahofika hydropower project in Madagascar, a project...

SEFA awards funds for innovative solar-hydro hybrid project
Wednesday, December 18, 2019 by A 9MW solar-hydro hybrid project in development in Burundi is to benefit from a $990,000 grant awarded by the African Development Bank-managed Sustainable Energy Fund for Africa (SEFA).

NIB agrees funding for new hydro build in Norway
Wednesday, December 04, 2019 by The Nordic Investment Bank (NIB) and Norwegian utility company Sogn og Fjordane Energi AS have signed a €30 million, 15-year loan agreement to finance the construction of a...

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...

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