The big four Australian banks as well as international lenders are gearing up to lend a total of more than US$1.5bn to solar projects that are expected to receive approval in the next few months from the New South Wales government. The 12 new solar projects that are expected to receive approval were announced late last week and have a combined power output of 1,000MW.
Final and binding bids for the New South Wales land titling and registry business, Land & Property Information (LPI) are due by March 30.
The Northern Pathways consortium comprising Serco, John Laing, John Holland and Macquarie Capital has won the bidding for the Grafton prison PPP in northern New South Wales.
The sale of Western Power, the Port of Fremantle and possibly the Utah Point bulk-handling facility are off the agenda for the foreseeable future following the decisive win by the Labor Party in the Western Australian election earlier this month.
The A$5bn (US$3.8bn) Northern Australian Infrastructure Fund (NAIF) that the Federal government set up last year is set to make its first investment within the next two months.
India’s Adani Enterprises has applied for financing from the Northern Australian Infrastructure Facility (NAIF) to develop its mine, rail and port project in the Galilee Basin in Queensland.
The deal between the lenders and the miners that own the Wiggins Island Coal Export Terminal (WICET) on reducing the port charges is close to settlement.
Macquarie Group’s unsolicited proposal to design and fund an integrated Sydney Metro Martin Place station development has progressed to Stage 3 of the New South Wales unsolicited proposals approval stage.
TNG Ltd has received approval from the Northern Territory government to develop the A$850m (US$638m) Mount Peake vanadium-titanium-iron mine north of Alice Springs and to construct a refinery in Darwin.
APT Pipelines, the borrowing entity of Australian gas pipeline operator APA Group, has issued a 4.25% US$850m 5% long 10-year (July 15 2027) 144A/Reg S bond offering through joint bookrunners JP Morgan and Morgan Stanley.
Macquarie Group is set to increase its takeover offer for oil and gas company Central Petroleum to more than A$75m (US$56.4m) as it moves to take advantage of the Australian gas shortage.
Ratch Australia is said to be in talks with its banking group – NAB, ANZ, BTMU and SG – to fund the A$400m (US$307m) Collector wind farm in New South Wales. Ratch is currently finalising a power purchase agreement (PPA) for the Collector project, which is needed before financing can be completed.
Japanese renewables developer Eurus Energy has refinanced a A$150m (US$113.7m) loan with ANZ, Bank of Tokyo-Mitsubishi UFJ, National Australia Bank and Westpac for its Hallett 5 wind-farm project in South Australia.
The South Australian government will spend A$550m (US$415.5m) on a new package designed to shore up its electricity system, which includes a A$360m government-owned gas-fired power plant and Australia’s largest battery storage facility.
The private equity owners of West Australian utility Alinta Energy finally have a deal after Hong Kong’s Chow Tai Fook Enterprises offered to pay US$4bn to acquire the asset.