PacificLight Power has secured the financing for a new 670MW hydrogen-ready H-class combined cycle gas turbine (CCGT) plant. The final loan amount has not been disclosed but it is understood to have raised about S$750m (US$582m) split into two tranches of S$550m for construction and S$200m for general purposes. Tenor is 18 years. Total project cost is about S$1bn.
Lead Story
PFI 807 - 18 Dec 2025 - 31 Dec 2025Lead Stories
There has been a flurry of M&A in Latin America’s mining sector. Deals are emerging for acquisitions and greenfield projects. By Nic Stone.
Singapore makes a new call for at least 200MW of data centre capacity. It aims to remain a trusted hub for AI and DC investments. By Minerva Lau
Poland's auction for 20GW/122GWh BESS financing subsidies closed oversubscribed. The result sets the scene for new financing solutions but raises questions. By Cristiana Sandeva.
PFI Comment
All the indicators for the battery storage market are currently positive. Capex prices are still falling, price forecasts are rising, grid capacity is being increased. But there is an interesting conundrum – the more build, the better the outlook.
The Central West Orana Renewable Energy Zone Project in New South Wales marks a significant milestone for the state's renewable energy zone programme, as it is the first renewable energy zone in the state to enter its delivery phase and the first to be delivered via a PPP-style, long-term DBFOM contract. By Jose de Ponte in the Sydney projects team at DLA Piper who advised Cobra on the project.
Italy's FER X tenders awarded 9.7GW worth of CfDs with 8.6GW of them for solar. Project financings are expected to flood the market next year but the auction results also raise questions about PPAs and wind. By Cristiana Sandeva
PFI Global Energy Report 2025
PFI Global Energy Report 2025
PFI has published its annual Global Energy Report. The report presents case studies of important leading-edge deals and profiles various institutions and developers involved in the sector. Battery storage is a common theme across the report alongside energy for AI and data centres.