News - Transmission and Distribution

AIIB offers $120m loan for power transmission project in Bangladesh

Asian Infrastructure Investment Bank (AIIB) has agreed to provide a loan of $120m in Bangladesh to support upgradation and expansion of power transmission system in the Chittagong region.

GIG closes debt financing for energy storage project in Southern California

Macquarie’s Green Investment Group (GIG) has announced the closing of debt financing for new battery-based energy storage project in Southern California.

Jan De Nul to repair TenneT’s HV cables in German Bright

Dutch and German transmission system operator TenneT has signed an agreement with Jan De Nul Group to conduct repairs for high voltage offshore cables in the German Bright.

IFC expands energy access partnership with Italian Government

IFC, a member of the World Bank Group, expanded its transformational ten-year partnership with the Italian Ministry for the Environment, Land, and Sea (IMELS).

DOE announces $70m for cybersecurity institute for energy efficient manufacturing

The U.S. Department of Energy (DOE) announced up to $70 million for a Clean Energy Manufacturing Innovation Institute to develop technologies that will advance U.S. manufacturing competitiveness, energy efficiency, and innovation.

Ossia to collaborate with top global battery maker

Ossia, a privately held company headquartered in Washington state, announced that it has come to an agreement with a global, tier one battery manufacturer to co-develop Cota-enabled batteries.

Canada’s TransAlta secures $560m investment from Brookfield

Canadian electricity producer TransAlta has secured an investment commitment of C$750m ($559.76m) from Brookfield Renewable Partners and its institutional partners.

AfDB, KfW partner to implement electricity regulatory index

The African Development Bank and KfW Development Bank will be partnering to accelerate implementation of recommendations contained in the 2018 Electricity Regulators Index (ERI) report for Côte d'Ivoire’s energy sector.

ENMAX to acquire Emera’s Maine subsidiary in $1.3bn deal

Canadian utility ENMAX has agreed to acquire Emera Maine, the regulated electric transmission and distribution company of Emera in the US state Maine, for about C$1.8bn ($1.3bn).