News & Press Releases

The European Investment Bank (EIB) and UniCredit Bank Austria have announced that they will jointly be providing a total of 107.4 million euros for the development of one of Austria’s largest wind farms. Thanks to the investment the facility...

Pattern Energy Group announced that it has secured financing to begin construction on the 105MW Phoenix solar project in Fannin County, Texas. While ING Capital provided construction and term project financing, tax equity was provided by RBC Community Investments (RBC),...

Italian oil and gas contractor Saipem has signed a memorandum of understanding (MOU) with AGNES and QINT’X to develop a wind farm in the Adriatic Sea off the coast of Ravenna. With an overall installed capacity of approximately 450MW, the...

Canada’s Kineticor Resource has secured financing to fund the construction of CAD1.5bn ($1.2bn) Cascade Power Project in Edson, Alberta. The 900MW Cascade combined-cycle natural gas-fired generating plant is being developed in collaboration with pension fund OPTrust and Macquarie Capital. Scheduled to...

Taiwan’s engineering, procurement, and construction (EPC) leader CTCI Corporation and consortium partner, General Electric International Inc (GE), secured a record-breaking multi-billion dollar EPC contract for five combined cycle gas-fired power generating units at two power plants in Taiwan. In partnership...

Mitsubishi Power, a major subsidiary of the Mitsubishi Heavy Industries (MHI) Group, officially changed its corporate name from Mitsubishi Hitachi Power Systems today. The rebrand marks the start of an exciting new chapter in the company's mission to solve...

Over the past 18 months, Sulzer has delivered a record of 70 large-capacity boiler feed pumps to customers in Argentina. The projects involved multiple customers and pumps were supplied for both new-build power stations and upgrade projects across the...