The Asian Development Bank (ADB) has approved a USD100 million financing package to support power sector reforms in Sri Lanka. The Power Sector Reforms and Financial Sustainability Program (Subprogram 2) builds on the structural...
Read MoreTata Power, an Indian private power developer, has acquired the project-specific special purpose vehicle (SPV), Jejuri Hinjewadi Power Transmission Limited, from REC Power Development and Consultancy Limited (RECPDCL), a wholly...
Read MoreSaudi Electricity Company (SEC), the state-owned power utility responsible for electricity generation, transmission and distribution across the country, has signed a tripartite memorandum of understanding (MoU) with GE Vernova...
Read MoreIndia Grid Trust (IndiGrid), India’s first power sector infrastructure investment trust (InvIT), has executed definitive agreements to acquire the Gadag Transmission Limited (GTL) interstate transmission system (ISTS) asset in...
Read MoreAgence française de développement (AFD), France’s public development finance institution, has signed two grant financing agreements with the Association of Southeast Asian Nations (ASEAN) Centre for Energy (ACE) and the...
Read MoreGerman transmission system operator (TSO), TenneT Germany, has launched its inaugural EUR35 billion Debt Issuance Program (DIP), establishing a comprehensive framework for future debt issuances on international capital markets...
Read MoreBrazilian Ministério de Minas e Energia or Ministry of Mines and Energy (MME), conducted a ceremony to formalise the share purchase agreement for State Grid Brazil Holding S.A. (SGBH) – a Brazilian subsidiary of China’s...
Read MoreThe Inter-American Development Bank (IDB) has approved USD300 million in financing to strengthen Ecuador’s electricity system, focusing on modernisation of transmission and distribution networks. The aim of this financing is to...
Read MoreParaguay’s state-owned power company, Administración Nacional de Electricidad (ANDE), has announced approval for a USD70 million loan from the Inter-American Development Bank (IDB), which is being co-financed by the European...
Read MorePower Grid Corporation of India Limited (POWERGRID), India’s largest power network developer, has formalised joint venture (JV) agreements with Nepal’s state-owned Nepal Electricity Authority (NEA) for the incorporation of...
Read MorePower Grid Corporation of India Limited (POWERGRID), India’s largest power network developer, has retained its capital expenditure (capex) target of INR280 billion for fiscal year 2025-26 (FY 2026) ending March 31, 2026, with...
Read MoreAsian Development Bank (ADB), a regional multilateral development bank, has approved a loan worth USD330 million for Pakistan’s Second Power Transmission Strengthening Project, a government-priority initiative aimed at expanding...
Read MoreAzerenergy, Kazakhstan Electricity Grid Operating Company (KEGOC), and National Electric Grid of Uzbekistan (NEG Uzbekistan), the transmission system operators (TSO) of Azerbaijan, Kazakhstan and Uzbekistan respectively, have...
Read MoreNorth Dakota-based MDU Resources, a utility holding company with a construction services arm, announced that it has joined a consortium of partners who have signed on for capacity on the North Plains Connector, a planned...
Read MoreThe government of Bahrain, through the Ministry of Finance and National Economy, has signed a fifth loan agreement worth KWD31.25 million with the Kuwait Fund for Arab Economic Development (KFAED) to finance the development of...
Read MoreThe World Bank has signed a USD430 million financing agreement with the government of Tunisia to modernise the country’s electricity sector and accelerate renewable energy deployment through the Tunisia Energy Reliability,...
Read MorePower and digital infrastructure company BrightNight, and its joint venture (JV) partner Cordelio Power, have achieved financial close for a hybrid project with a proposed 300 MW of solar and 300 MW/1,200 MWh of...
Read MoreThe state-owned Saudi Electricity Company (SEC) has signed a USD3 billion financing agreement with a consortium of regional and international banks to support large-scale power generation, transmission, and distribution projects...
Read MoreChilean power transmission utility, Transelec SA’s Peruvian subsidiary Conelsur, has acquired transmission assets from Norwegian renewables company Statkraft, marking a significant expansion of its share in the country’s...
Read MoreIsrael-based deep-tech company, Prisma Photonics, has closed an oversubscribed USD30 million growth funding round, bringing its total capital raised to USD80 million. The round was led by Protego Ventures, with...
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