Home Greenfield
Greenfield
ARENA will have a budget of A$800m, around two-thirds of its original funding power, to sponsor projects in the country for the next five years.
Vattenfall has won rights to build 350MW worth of projects for €63 per MWh as prices continue to tumble in the renewables sub-sector.
Ken Mathers, a ‘strong opponent’ to the cancellation of Melbourne’s East West Link project, will oversee the development of infrastructure in the Australian state.
The developer has recently increased its exposure to the renewables space by entering the offshore wind market.
Funds managed by the two multilaterals have teamed up with a Korean group to sponsor 650MW of new power capacity in the energy-scarce country.
The country’s renewables agency was able to select 480MW worth of projects during its latest tender process, twice the capacity it was originally aiming for.
The world’s largest coal producer is forging ahead with the first two phases of its plan to roll out solar plants across the country.
Deeper debt capital markets could join banks in helping the country plug its infrastructure financing gap.
The Baja California facility, a project of unprecedented scale for the state, is also a test of the PPP law adopted in 2014.
The province is using a trust to plug money raised through selling Hydro One shares into new projects, part of the $122bn it has earmarked for infrastructure over the next 12 years.