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Wednesday, 16 October 2019

Australian wind

Australian renewables go big

PFI Issue 658 - October 9, 2019

Renewable developers are thinking big in Australia. Hydrogen export is one new area but small challenges remain. By John Arbouw.

Horizon Power to replace poles and wires

PFI Issue 658 - October 9, 2019

West Australian power authority Horizon Power will install 17 standalone power systems in the Esperance region.

NSW to provide grants to renewable projects

PFI Issue 658 - October 9, 2019

The New South Wales Government will provide grants to projects it will select from a 21-strong shortlist of renewable energy and energy storage projects.

Transurban Queensland debt details

PFI Issue 658 - October 9, 2019

Transurban Queensland (TQ), in which Transurban has a 62.5% interest, has successfully raised A$500m of non-recourse debt via a new syndicated bank debt facility with a tenor of three years.

CDC seeks new funds

PFI Issue 658 - October 9, 2019

Canberra Data Centres (CDC) is seeking proposals for a loan of up to A$1.5bn (US$1bn) for refinancing and development of a data centre in Eastern Creek, New South Wales. Macquarie is advising on the financing.

FMG reaches FC on its refinancing

PFI Issue 658 - October 9, 2019

West Australian iron ore miner Fortescue Metals Group (FMG) has reached financial close on the refinancing and repayment of its US$1.4bn 2022 syndicated term loan.

Winning bid for suburban roads deal due

PFI Issue 658 - October 9, 2019

The Victorian government, which has set a timeline for contractual and financial close of the US$1.56bn northern and southern suburbs road upgrade projects by the end of the year, is expected to announce the winning bid either this month or early next month.

Sydney desal to double in size

PFI Issue 658 - October 9, 2019

The New South Wales (NSW) government is planning to double the size of the Sydney desalination plant as the drought and low dam levels become critical.

QIC and Schiphol win Hobart Airport auction

PFI Issue 658 - October 9, 2019

Queensland fund manager QIC and its partner Schiphol are reported to have won the bidding to buy a 70% stake in the Hobart Airport in Tasmania.

Incitec Pivot secures grant for renewable energy

PFI Issue 658 - October 9, 2019

Publicly listed fertiliser company Incitec Pivot, through its explosive company Dyno Nobel, has received a grant of A$980,000 from the Australian Renewable Energy Agency to support feasibility studies to use large-scale renewables for the production of ammonia.

ICG wins the bidding for gas network Enwave

PFI Issue 658 - October 9, 2019

Infrastructure Capital Group is reported to have won the bidding to acquire Brookfield’s gas network business Enwave in a deal worth A$420m.

Cleanaway and Macquarie to build waste plant

PFI Issue 658 - October 9, 2019

Cleanaway Waste Management and Macquarie Capital’s Green Investment Group (GIG) are planning to build a A$500m waste-to-energy (WtE) project in western Sydney.

Brookfield looks to refinance WA rail business

PFI Issue 658 - October 9, 2019

Brookfield’s Arc Infrastructure WA is reported to be in talks with lenders to secure about A$250m to refinance a A$150m loan obtained in 2017.

Barossa FPSO winner due

PFI Issue 658 - October 9, 2019

The selection of the supply for the floating production, storage and offloading (FPSO) vessel for Chevron’s Barossa scheme is due shortly, with a tight race being reported between Modec and TechnipFMC/Samsung Heavy Industries.