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Submission: On August 25 via api from SG — Scanned from DE
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AWARDS EVENTS RESEARCH MAGAZINE MEDIA CENTRE Top sections Wealth Asia Connect Treasury & Capital Markets Europe ESG Forum Covid-19 On the Move TechTalk Awards Events Research Magazine Media Centre The Asset Talk Podcast Event Highlights Gallery The Asset Sketch Wealth Asia Connect Treasury & Capital Markets Europe ESG Forum TechTalk now loading... Asia Connect Asia Connect China renewables subsidy plan to recharge power generators China’s plan to create special-purpose entities to settle unpaid subsidies to renewable power generators will go a long way in enhancing their viability and promoting renewable energy to achieve the target of carbon neutrality by 2060. 24 Aug 2022 Asia Connect / Europe Aena clinches deal to operate 11 airports in Brazil Spanish airport operator Aena has won the bidding for concessions to operate 11 airports in Brazil. The most important is Congonhas airport in Sao Paulo, the country’s second busiest airport which makes up 85% of the activity of the concession agreement. 24 Aug 2022 Asia Connect / Europe ADB signs US$1 billion co-financing pact with five insurers The Asian Development Bank (ADB) has signed an agreement with five insurance companies to mobilize up to US$1 billion of co-financing capacity to support lending for financial institutions in the Asia-Pacific region. 24 Aug 2022 Asia Connect BP to take first LNG shipment from Mozambique project The first shipment of liquefied natural gas from the Coral South floating liquefied natural gas (FLNG) project offshore Mozambique will leave the floating terminal in the coming days, carried by a tanker from the BP fleet. The US$7 billion Coral South project, in the southern part of Area 4 of the Rovuma Basin, is the first FLNG project in Africa. It will be the world’s first ultra-deepwater FLNG facility to operate at a water depth of 2,000 metres. 24 Aug 2022 Asia Connect Keppel O&M wins new FPSO order from Petrobras Keppel Shipyard has won an international tender from Brazilian state-owned oil company Petrobras for the engineering, procurement and construction (EPC) contract for P-80, a floating production, storage and offloading vessel (FPSO). Keppel Shipyard is a wholly owned subsidiary of Keppel Offshore & Marine. The contract is worth US$2.9 billion. 23 Aug 2022 Asia Connect Vietnam cashew industry offers long-term investment opportunities Vietnam, the world’s largest exporter of cashew nuts, expects its shipments of the commodity to continue to rise in the next decade, opening more opportunities for investors. The opportunities range from cultivation to processing and trading, says ResearchAndMarkets.com in Vietnam Cashew Nut Market Report 2022-2031, published on August 18. 23 Aug 2022 Asia Connect Broad Reach closes US$160 million financing for battery storage systems Broad Reach Power has closed a US$160 million project financing for 17 operating battery energy storage systems in Texas and one in California. 17 Aug 2022 Asia Connect Saudi Aramco and Sinopec step up collaboration Saudi Arabian Oil Company (Aramco) has signed a memorandum of understanding (MoU) with China Petroleum & Chemical Corporation (Sinopec) covering multiple areas of potential collaboration between the parties in Saudi Arabia. 17 Aug 2022 Asia Connect China’s BYD wins e-bus orders from Bogota Chinese manufacturers continue to dominate the Latin American electric bus market, with BYD having won cumulative orders to supply over 1,000 units of pure-electric buses to the capital of Colombia, Bogota. Under the Green Movil project, local currency loans equivalent to US$150 million will be extended by Proparco and Financiera de Desarrollo Nacional (FDN) to two special purpose vehicles jointly owned by Colombian business group Fanalca and international public transport operator Transdev. 17 Aug 2022 Asia Connect Saudi-Egypt power interconnection project secures funding Saudi Electricity Company (SEC) has signed a US$567.5 million export credit agency (ECA) facility for its Saudi Arabia-Egypt electricity interconnection project. It has also secured a syndicated facility amounting to US$3 billion for refinancing. 17 Aug 2022 Asia Connect Keppel to invest €305 million in German offshore wind farm Singapore-based conglomerate Keppel Group is investing €305 million (US$314.38 million) to acquire a 50.01% stake in a special purpose vehicle (SPV) that holds 50% of Borkum Riffgrund 2 (BKR2), an offshore wind farm in Germany. 12 Aug 2022 Asia Connect ADB and JICA join 230MW solar project in Azerbaijan Masdar Azerbaijan Energy (MAE) has signed a US$114.2 million loan for its 230-megawatt solar power plant near the Alat settlement in Azerbaijan. Asian Development Bank and European Bank for Reconstruction and Development are providing US$21.4 million each. This is ADB’s first renewable energy project in Azerbaijan. The rest of the fund is coming from Japan International Cooperation Agency and Abu Dhabi Fund for Development. 10 Aug 2022 Asia Connect Genser Energy completes US$425 million financing Genser Energy, a US-based integrated energy services provider operating in West Africa, has completed a US$425 million financing, comprising US$325 million syndicated senior loan facilities and a US$100 million mezzanine loan facility. The transaction provides funding to refinance existing facilities, and broaden the operations of Genser Energy Ghana Limited (GEGL), including an expansion of its existing gas pipeline network with a 100-kilometre trunk line to Kumasi, Ghana's second largest city, the development of a gas processing plant with 200 million standard cubic feet per day capacity in Prestea, and the expansion of a natural gas liquid (NGL) storage terminal at the Takoradi Port. 10 Aug 2022 Asia Connect Hitachi Energy wins HVDC interconnection deal in Germany Hitachi Energy has won a major order from TenneT and TransnetBW, two of Germany’s four transmission system operators, to supply a transmission solution for the Suedlink DC4 high-voltage direct current (HVDC) interconnection between the north and south of the country. SuedLink DC4 will play a crucial role in Germany’s energy transition, enabling a reduction in the use of fossil fuels and helping the country achieve carbon neutrality by 2045. 10 Aug 2022 Asia Connect Elawan signs €250 million debt financing for solar PV projects Renewable energy provider Elawan Energy has closed a €250 million (US$254.92 million) debt financing for a 440-megawatt portfolio of nine photovoltaic plants currently under development in the Castilla-La Mancha region of Spain. 10 Aug 2022 About Us Subscriptions Terms of Use Privacy Policy Contact Us © 2022 Asset Publishing and Research Limited. All Rights Reserved. SIGN IN × Email Address Password Forgot? Remember me Don't have an account? Sign up here!