CPP acquiring AlphaGen stake

Full-year US LNG project finance deal volume will be massive. The implications are under scrutiny. By Alison Healey

Taiwan is seeking to raise US$11.4bn funding for four offshore wind deals. Two are greenfield and two are refinancings. By Minerva Lau

The Italian BESS market is splitting in two. There are state-backed tolls in the south and private tolls in the north. By Cristiana Sandeva

Underneath the calls for a huge expansion in the output of the electricity sector, a shift is occurring from new generation to new transmission and networks. The marketplace is adapting to high interest rates and inflation. Networks provide a stable return in unstable markets.

Biorefiner Green Plains has closed the sale of its Obion ethanol plant in Rives, Tennessee, to ethanol producer Poet for US$190m, including US$20m of working capital. Green Plains will use the proceeds to retire junior mezzanine debt due in 2026 and to bolster cash. The Obion scheme came online in 2008 and produces 120m gallons per year. 

Brazil is forging ahead with a major highway programme requiring some R$300bn (US$56.6bn) in a couple of years. Big names are winning mandates as the market looks for the most efficient financing plan. By Nic Stone