Project finance - Page 2Stay up to date with the latest Project finance updates from the global international water power industry
SAE secures loan for turbine redeployment at MeyGen
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
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
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
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
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
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
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
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
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
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
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
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
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...
Funding available to assist hydropower certification
Hydropower projects that are seeking certification against the newly launched Hydropower Sustainability Standard can now apply for financing to support costs, the International...
Minesto awarded funds by the Swedish Energy Agency
Marine energy developer Minesto has been awarded s SEK 5.8 million grant from the Swedish Energy Agency to help facilitate the ongoing commercialisation of its Deep Green technology.
Germany commits €100 million to SEFA for renewable energy investments
The German government is to contribute €100 million to the African Development Bank’s Sustainable Energy Fund for Africa (SEFA), with the funding set to unlock private sector...
Hydro plants refinanced in Colombia
Holland & Knight has announced it advised Bancolombia S.A. as the lender in a refinancing of five hydroelectric power plants operated by Grupo LAREIF.
SEFA grant will help modernise Africa’s hydro fleet
Africa’s aging hydropower fleet is set to benefit from a $1 million grant from the Sustainable Energy Fund for Africa (SEFA).
World Bank approves loan for Indonesia’s first pumped storage plant
A US$380 million loan from the World Bank will help develop the 1040MW Upper Cisokan pumped storage hydropower plant in Indonesia – the first project of its kind in the country.