The Mohawk Council of Kahnawà:ke (MCK) and Hydro-Québec have signed agreements formalising their joint ownership of the Hertel–New York Interconnection Project (HNYIP). This partnership designates both parties as co-owners of...
Read MoreIndia’s largest network company, Power Grid Corporation of India Limited’s (POWERGRID) Committee of Directors for Bonds has approved a proposal to raise up to INR120 billion through the issuance of bonds as unsecured,...
Read MoreRomania’s transmission system operator (TSO), Transelectrica, has signed a EUR56.2 million contract for the modernisation and digitisation of the transmission network, to be funded through the REPowerEU (the REPowerEU plan put...
Read MoreREC Power Development and Consultancy Limited (RECPDCL), a wholly owned subsidiary of Indian REC Limited, has handed over its project-specific special purpose vehicle (SPV) – Meerut Shamli Power Transmission Limited, to Megha...
Read MoreLegal & General Investment Management’s (LGIM) Private Credit platform has committed GBP268 million of inflation-linked, long-term financing to support the acquisition of the Moray East offshore transmission owner (OFTO)...
Read MoreREC Power Development and Consultancy (RECPDCL), a wholly-owned subsidiary of Indian REC Limited, has handed over two project-specific special purpose vehicles (SPVs) formed for the implementation of two transmission projects,...
Read MoreItaly’s transmission system operator (TSO), Terna, launched an issue of perpetual, subordinated, hybrid, non-convertible, green, fixed rate bonds for institutional investors, with a total nominal amount of EUR850 million. The...
Read MoreZambia and Mozambique have reinforced their partnership through the signing of an agreement for increased power imports, in a bid to tackle Zambia's electricity shortage. The agreement, inked by Zambia's power utility ZESCO...
Read MoreThe UK’s energy regulator, Office of Gas and Electricity Markets (Ofgem), has announced a GBP3.4 billion provisional funding package for the East Green Link (EGL) 2 connection. The latter is the second of the 26 critical...
Read MoreIndian Vedanta Group's power transmission arm, Sterlite Power Transmission Limited (SPTL), and Singapore's sovereign wealth fund GIC Private Limited have announced plans to set up a USD1 billion joint venture (JV) focused on the...
Read MoreThe European Investment Bank (EIB) has signed USD125 million loan agreement with Ecuador to finance the Peru–Ecuador interconnection project. The loan has been secured for the implementation of the Ecuadorian side of the...
Read MoreThe Saudi Arabia government’s Saudi Fund for Development (SFD) has signed two development loan agreements totalling USD101 million with Pakistan’s Ministry of Economic Affairs, to support the country’s clean energy sector. The...
Read MoreIndian private power developer, Torrent Power Limited, has acquired a 100 per cent stake in Solapur Transmission Limited (STL) from PFC Consulting Limited (PFCCL), a wholly owned subsidiary of Power Finance Corporation (PFC),...
Read MoreDutch transmission system operator (TSO), TenneT Holding B.V., has issued a dual tranche green hybrid bond of EUR550 million with a coupon of 4.625 per cent and a non-call period of 5.25 years, and EUR550 million with a coupon...
Read MoreThe European Bank for Reconstruction and Development (EBRD) is lending EUR30.8 million to Moldova’s transmission system operator (TSO), Moldelectrica, for the development of the country’s portion of the Balti (Moldova)–Suceava...
Read MoreThe World Bank has decided to resume funding for Afghanistan’s portion of the Central Asia-South Asia Electricity Transmission and Trade Project (CASA-1000). The USD1.2 billion CASA-1000 aims to facilitate the trade of 1,300 MW...
Read MoreIndia’s largest transmission network developer, Power Grid Corporation of India Limited (POWERGRID), has signed a memorandum of understanding (MoU) with Rajasthan Rajya Vidyut Prasaran Nigam Limited (RRVPNL) to incorporate a...
Read MoreGridStor, a developer and operator of utility-scale battery energy storage systems (BESS), has announced the acquisition of the Evelyn battery energy storage project in Galveston County, Texas, from Balanced Rock Power, a...
Read MoreThe US Trade and Development Agency (USTDA) has signed a grant agreement with Indonesian utility PT Perusahaan Listrik Negara (PLN) for a feasibility study to support the development of two cross-border power interconnections...
Read MoreThe Southern African Power Pool (SAPP), in collaboration with the Southern African Development Community (SADC), has appointed Climate Fund Managers (CFM) to manage the Regional Transmission Infrastructure Financing Facility...
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