sections

Saturday, 20 October 2018

Mong Duong sponsors mull refi

PFI Issue 635, October 17, 2018

AES-VCM Mong Duong Power, the project company set up by AES Corp, Posco Power Corp and China Investment Corp, is understood to be looking at refinancing the 18-year US$1.4bn debt facility raised in 2011.

Pertamina pursues a range of deals

PFI Issue 635, October 17, 2018

Pertamina and CPC Corporation of Taiwan have signed an agreement to jointly develop a naphtha cracker in Indonesia.

Aboitiz proposes on southern airports

PFI Issue 635, October 17, 2018

The Philippine Department of Transportation (DOTr) has received unsolicited proposals from the Aboitiz Group for some of the airports in the south.

Phu My plants to be expanded

PFI Issue 635, October 17, 2018

The Vietnamese government will allow expansion in capacities of power plants in Phu My district, which has a total combined capacity of 3,900MW.

Bidders take shape for HSR

PFI Issue 635, October 17, 2018

At least two bidding groups are understood to be taking shape for the estimated Bt200bn (US$6.2bn) high-speed rail project under Thailand’s Eastern Economic Corridor policy.

Limay teams up on first FSRU-to-power

PFI Issue 635, October 17, 2018

Limay LNG Power Corp (LLPC) is partnering with China Energy Equipment Co (CEEC) and Glencore to develop the country’s first floating storage regasification unit (FSRU) and a 1,100MW LNG-fired power plant.

Phoenix and CNOOC submit LNG proposal

PFI Issue 635, October 17, 2018

Phoenix Petroleum and Chinese state-owned oil producer CNOOC Gas & Power have submitted an unsolicited proposal to develop the country’s first integrated liquefied natural gas project, according to reports.

Cavite to clarify airport proposal by year-end

PFI Issue 635, October 17, 2018

The Philippine Department of Transportation (DOTr) has given the Cavite provincial government until the year-end to clarify its position on its Sangley Point proposal.

Chelsea proposes Davao monorail

PFI Issue 635, October 17, 2018

Chelsea Logistics Holdings has submitted an unsolicited proposal for a monorail system in Davao.

Manila Water wins Tanauan project

PFI Issue 635, October 17, 2018

Manila Water has won the 25-year concession for a Ps1.5bn (US$27.8m) water project in Tanauan City, Batangas.

Lenders face challenges under 51:49 structure

PFI Issue 635, October 17, 2018

Lenders to power projects that are 51% owned by a unit of state-owned PLN face new challenges with the financing structure.

Nineteen deals signed for US$13.5bn projects

PFI Issue 635, October 17, 2018

Fourteen Indonesian state-owned enterprises (SOEs) signed 19 cooperation agreements last week involving infrastructure projects worth US$13.5bn.

Biomass power plant planned

PFI Issue 635, October 17, 2018

Nusantara Infrastruktur, via its energy arm Energi Infranusantara (EI), is planning to develop a biomass power plant in North Kalimantan.

Tanah Laut wind may be rebid

PFI Issue 635, October 17, 2018

State utility PLN is believed to be considering rebidding the development of the 70MW Tanah Laut wind farm.

Govt allows rooftop solar

PFI Issue 635, October 17, 2018

Indonesia’s Ministry of Energy & Mineral Resources is allowing industries to use rooftop solar panels in a move intended to increase renewable energy contributions to the national energy mix.

Continental Energy appoints refinery FA

PFI Issue 635, October 17, 2018

Continental Energy of Canada has appointed Buck Hill Capital Partners as transaction and financial adviser for the development of the small-scale Maloy refinery project.

Govt to seek Masela update

PFI Issue 635, October 17, 2018

The Indonesian government is requesting an update from Inpex Corp of Japan on the development of the Masela block.

Toll road deals inked

PFI Issue 635, October 17, 2018

Three toll road projects, facilitated by the Center for Private Investment at the National Development Planning Agency (Bappenas), were signed last week on the sidelines of 2018 International Monetary Fund and World Bank Annual Meetings in Bali.

Govt may invite private sector into airports

PFI Issue 635, October 17, 2018

The private sector may be invited to become involved in the proposed expansion of airports in the country to ease the financing burden on the government.

SNAP submits plan for hydro plant

PFI Issue 635, October 17, 2018

SN Aboitiz Power (SNAP) has submitted plans to develop hydropower plants totalling 140MW in Ifugao province in northern Luzon.