Project finance - Page 2Stay up to date with the latest Project finance updates from the global international water power industry
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.
Funds approved for new hydro in Côte d’Ivoire
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
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
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
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...