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China investors offer $12 billion loan for Russia's Yamal LNG project

Russia's Yamal liquefied natural gas project has obtained a loan from Chinese lenders estimated at $12 billion and denominated in euros and Chinese yuan, as indicated by sources familiar with the transaction.

read more... 29/04/2016

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Turkey: Sabanci will sell stake in Enerjisa activities before IPO

Turkey's Sabanci Holding intends to vend a minority stake in the electricity distribution and energy retail businesses of its Enerjisa unit to reduce debt before Enerjisa's initial public offering, as stated by a senior executive on Tuesday.

read more... 06/04/2016

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Romania's largest electricity producer to exit insolvency by May

Romanian state-owned electricity producer Hidroelectrica hopes to finally exit its insolvency process by next month, and intends to vend a minority stake in an initial public offering by November, as stated by its manager on Sunday.

read more... 04/04/2016

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European Investment Bank provides $720 million for Scottish electricity grid

The European Investment Bank on Wednesday will offer 500 million pounds ($719.70 million) to aid connect Scotland's green energy schemes such as wind, wave and tidal to the electricity grid.

read more... 31/03/2016

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European Commission authorized Finnish cash for LNG terminal

The European Commission on Friday consented Finland's intentions to offer 28 million euros ($31.6 million) in public funding to aid fund a liquefied natural gas terminal at Hamina, on Finland's south-east coast.

read more... 21/03/2016

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