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Thursday, 20 June 2019

Wind farm in Australia

Renewables face financial close push

PFI Issue 651 - June 19, 2019

Australian renewable projects are facing blocks to financial closings. Rising EPC costs and grid access provide the obstacles. By John Arbouw.

InfraRed Capital to sell Wiri Prison stake

PFI Issue 651 - June 19, 2019

InfraRed Capital, one of the stakeholders in the Wiri prison in Auckland, is reported by industry sources to be in the market to sell its share.

InfraRed Capital Partners wins Curtin PPP

PFI Issue 651 - June 19, 2019

InfraRed Capital Partners has won the tender for the first A$300m (US$208m) phase of Curtin University’s industry-connected innovation exchange precinct project under a 35-year partnership.

Hiringa Energy and Ballance to develop wind farm

PFI Issue 651 - June 19, 2019

New Zealand-based hydrogen infrastructure developer Hiringa Energy and fertilisers producer Ballance Agri-Nutrients are reported to be in talks with lenders to fund a NZ$50m (US$33.1m) wind farm in south Taranaki.

DIF reaches FC on accommodation facility

PFI Issue 651 - June 19, 2019

Dutch infrastructure company DIF and its consortium partners have reached financial close on the Bay Village A$400m (US$278m) workers accommodation facility, which will support North West Shelf and Pluto LNG projects in Karratha, Western Australia.

Victorian government needs global EPCs

PFI Issue 651 - June 19, 2019

Victoria’s Premier Daniel Andrews has told an AFR infrastructure conference that he will struggle to deliver a record A$100bn (US$73bn) infrastructure agenda unless there is greater help from global construction firms.

MPower to build Canadian Solar's Mannum solar

PFI Issue 651 - June 19, 2019

Canadian Solar has hired MPower to construct a 6.8MW solar farm at Mannum in South Australia.

J-Power invests in Genex Power K-2 Hydro

PFI Issue 651 - June 19, 2019

Genex Power, which is building the Stage 2 Kidston hydro (K-2 Hydro) in Queensland, has secured Japanese company J-Power as a partner in the project.

CleanCo to develop new renewable projects

PFI Issue 651 - June 19, 2019

The Queensland Government has allocated A$250m (US$173.9m) to CleanCo, the new publicly owned electricity generation and trading company that has a mandate to build, own and operate new commercial renewable energy generation in Queensland.

Alinta to build 60MW solar project

PFI Issue 651 - June 19, 2019

West Australian energy company Alinta is planning to build a 60MW solar project next to Fortescue Mining Group’s Christmas Creek iron mine in the Pilbara region of Western Australia.

AGL cancels Vocus bid

PFI Issue 651 - June 19, 2019

Energy generator and retailer AGL has cancelled its A$3bn (US$2.09bn) takeover bid for telecoms company Vocus following a look at the company’s books during the due diligence process.

Adani mine funding uncertain

PFI Issue 651 - June 19, 2019

The Queensland government may have given final environmental approval to Indian company Adani last week to build the Carmichael coal mine in the Galilee Basin, but financing of the project is still uncertain.

Total Eren secures Kiamal solar PF

PFI Issue 651 - June 19, 2019

Total Eren has secured US$175m of five-year project finance debt from the Natixis, ANZ and ING to build the 256MW Kiamal solar farm in Victoria.