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

New €500 million fund launched for European hydropower investment
07 October, 2020
Climate focused investment company Climate Endowment Group has teamed up...
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ADB grant to help enhance power supply in Afghanistan
Monday, October 05, 2020 by A $110 million grant has been approved by the Asian Development Bank (ADB) to help improve energy sustainability and promote cross-border trade in Afghanistan.

World Bank helps finance Khyber Pakhtunkhwa project, Pakistan
Monday, September 28, 2020 by The World Bank has approved $450 million in financing for the Khyber Pakhtunkhwa Hydropower and Renewable Energy Development Project in Pakistan.

USBR approves funding for Webster Dam repairs
Friday, September 18, 2020 by The US Bureau of Reclamation has awarded $22.1 million for repairs at Webster Dam in central Kansas. The aging infrastructure requires high-quality concrete replacement to repair...

ABD loan to help fund hydro development in Uzbekistan
Tuesday, September 08, 2020 by The Asian Development Bank (ADB) has agreed to lend $60 million to Uzbekistan’s state hydropower producer and developer JSC Uzbekhydroenergo to support implementation of the...

FDA loan supports hydro construction and modernisation in Uzbekistan
Friday, August 28, 2020 by The Ministry of Energy of Uzbekistan has signed a 20-year loan agreement, worth €55.8 million, with the French Development Agency (FDA) to finance a series of projects in...

Genex secures funding from J-Power for pumped storage project
Monday, August 03, 2020 by Genex has secured a $25m investment from Japanese utility company J-Power for its Kidston Pumped Storage Hydro Project in Queensland, Australia

CorPower Ocean gets equity funding for wave energy technology
Monday, July 27, 2020 by CorPower Ocean has secured €9 million in equity funding, with the proceeds to be used to demonstrate the first commercial scale WEC (Wave Energy Converters) within CorPower’s...

BDEAC and Equatorial Guinea in loan agreement for Sendje project
Tuesday, July 14, 2020 by The Development Bank of Central African States (BDEAC) has signed a loan agreement worth FCFA 80 billion with the Government of Equatorial Guinea to fund the construction and operation...

World Bank approves additional funds for Nurek refurb
Tuesday, July 07, 2020 by The World Bank has approved an additional $50 million from the International Development Association (IDA) for the second phase of the Nurek Hydropower Rehabilitation Project in Tajikistan.

Largest community-owned hydro scheme in Scotland achieves financial close
Tuesday, June 23, 2020 by A community-owned small hydropower scheme in Lochaber, Scotland has secured £6.49 million of funding from Triodos Bank and the Energy Investment Fund, meaning the project has...

Loan approved for Sahofika project, Madagascar
Tuesday, May 26, 2020 by A €4.02 million euro loan with a grant component has been awarded by the African Development Fund to the 205MW Sahofika hydropower project in Madagascar.

NIB loan to finance Fortum hydro upgrades
Friday, May 01, 2020 by The Nordic Investment Bank (NIB) will lend Fortum Oyj EUR 70 million over 10 years to refurbish two hydropower plants in Sweden and one in Finland.

EAIF and Finnfund appointed lead arrangers for Kenyan hydro project finance package
Tuesday, April 21, 2020 by Private Infrastructure Development Group (PIDG) company, Emerging Africa Infrastructure Fund (EAIF) has been appointed joint mandated lead arranger of the US$30 million debt...

US DOE announces $38 million to support hydrokinetic turbine technology development
Thursday, April 16, 2020 by Up to $38 million in funding has been announced by the US Department of Energy (DOE) for a program to design economically attractive Hydrokinetic Turbines (HKT) for tidal and...

MeyGen gets Scottish Government grant to develop subsea hub
Thursday, April 09, 2020 by The Scottish Government’s Saltire Tidal Energy Challenge Fund has awarded MeyGen Plc a £1.545 million grant to develop a subsea tidal turbine connection hub for the next phase...

Deadline extended for $1m assessment fund for sustainable hydropower projects
Tuesday, April 07, 2020 by The deadline for the Hydropower Sustainability ESG Assessment Fund announced in February has been extended to 1 June 2020. The decision comes as a response to the general...

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...

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