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

Minesto awarded funds by the Swedish Energy Agency
07 October, 2021
Marine energy developer Minesto has been awarded s SEK 5.8 million grant...
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Germany commits €100 million to SEFA for renewable energy investments
Thursday, October 07, 2021 by 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
Wednesday, September 22, 2021 by 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
Friday, September 17, 2021 by 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
Monday, September 13, 2021 by 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.

Funds approved for new hydro in Côte d’Ivoire
Monday, August 02, 2021 by The Emerging Africa Infrastructure Fund (EAIF), a Private Infrastructure Development Group (PIDG) company, has agreed to lend €25 million to Ivoire Hydro Energy (IHE) to help build a...

AFDB approves funds for Kinguélé Aval hydro project, Gabon
Monday, July 12, 2021 by The first independent hydropower project in Gabon is set to benefit from a €39 million loan package from the African Development Bank Group.

Virgin Money supports Scottish hydro acquisitions
Wednesday, June 23, 2021 by Virgin Money has approved an £8m long-term loan to support Scottish Hydro Investment Limited (SHIL) in acquiring two operational hydro schemes from Guinness Asset Management.

Australian Govt approves funds for solar hydro project
Monday, June 14, 2021 by The Australian Renewable Energy Agency (ARENA), on behalf of the Australian Government, has approved $15 million in funding to RayGen Resources Pty Ltd (RayGen) to construct a...

AFDB agrees loans for Malagarasi hydropower plant, Tanzania
Tuesday, June 08, 2021 by The African Development Bank Group (AFDB) has agreed to loan $140 million to the Government of Tanzania to finance the construction of the 50MW Malagarasi hydropower plant in...

Financial closure achieved for Kidston pumped storage project, Australia
Thursday, May 20, 2021 by Genex Power Limited has announced it has reached financial close for the 250MW Kidston Pumped Storage Hydro Project (K2-Hydro) as construction ramps up on site in far north...

Winners of Groundbreaking Hydro Prize announced by DOE
Tuesday, April 13, 2021 by Two teams have been named as the winners of a prize which challenged innovators to come up with new solutions to support hydropower project development by starting at square one –...

ADB approves loan for hydro construction in Pakistan
Tuesday, March 30, 2021 by A 300MW hydropower plant to be built on the Kunhar river near Balakot City in Khyber Pakhtunkhwa Province, Pakistan, is to receive a $300 million from the Asian Development Bank to...

Hydropower can now qualify for climate bond financing under new criteria
Thursday, March 25, 2021 by Sustainable hydropower projects can now qualify for climate bond financing if they meet strict criteria unveiled today by the Climate Bonds Standard Board (CBSB).

ARENA agrees grant funding for Kidston pumped storage plant
Wednesday, March 24, 2021 by Genex Power Limited has received a conditional offer for grant funding totalling up to $47 million from the Australian Renewable Energy Agency (ARENA) for the Kidston Pumped Storage...

AFDB funds transmission project in Angola
Friday, March 19, 2021 by The African Development Bank has committed $530 million to finance the construction of a 343km, 400 kV central-south transmission line that will connect the north and south...

IHA sustainability assessment fund expands to more countries
Monday, February 15, 2021 by Hydropower project developers and operators in more than 40 countries in Africa, Asia, Europe and the Americas have until May 2021 to apply for the Hydropower Sustainability...

US DOE announces $100 million for clean energy solutions
Friday, February 12, 2021 by Developers of transformative clean energy technology solutions are now able to apply for funding from the US Department of Energy as it supports President Biden’s climate innovation agenda.

Investment secured for Portuguese wave project
Tuesday, February 02, 2021 by Portuguese authorities have joined the Swedish Energy Agency, EIT InnoEnergy and private investors to support wave energy developer CorPower’s flagship HiWave-5 demonstration project...

CorPower and OPS receive grant for wave energy project
Tuesday, January 26, 2021 by CorPower Ocean and OPS Composite Solutions have secured close to €500,000 from EEA Grants to help advance the development of a new wave energy project.

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