NextEra Energy Inc., the U.S.'s biggest wind power producer, cleared the largest remaining hurdle Monday to its plans to build a $250 million wind turbine farm in Michigan by winning approval for the bulk of the project from planning officials.
Qatar Petroleum has lined up $10.4 billion in bank and equities financing for the massive Barzan natural gas project, the Qatari state-owned oil and gas company told wire services Tuesday.
A former Pillsbury Winthrop Shaw Pittman LLP infrastructure and project finance attorney has joined Sidley Austin LLP as a partner in the firm's Washington office, the firm announced Dec. 6.
Natural gas drilling outfit Bradford Drilling Associates XXIX LP has sued Norwegian oil and gas company Norse Energy Corp.'s U.S. subsidiary for allegedly going millions of dollars over budget in a $9 million well drilling project in upstate New York, Norse said Monday.
Precious metal exploration company Stratex International PLC has agreed to sell a 51 percent ownership of its 13,000-foot copper and gold mining project in the village of Muratdere, Turkey, to a new unnamed Turkish partner for $1.7 million, Stratex said Monday.
ConocoPhillips and Origin Energy Ltd. have agreed to increase China Petrochemical Corp.'s stake in their $20 billion Australian natural gas joint venture from 15 percent to 25 percent, giving the company control of most of the project's output, the companies said Monday.
Canadian exploration company Afferro Mining Inc. has sold its stake in a massive Liberian iron ore project to Russian mining giant OAO Severstal for $115 million and could receive more, the companies said Monday.
Commercial real estate giant CBRE is close to reaching an agreement with energy developer TransGas Development Systems LLC to provide advisory services and financing advice for a $4 billion coal-to-gasoline project in West Virginia, a CBRE spokesman confirmed Wednesday.
Paladin Global Alternative Energy Fund LP hit the developers of two California biodiesel facilities with a lawsuit in New York court Wednesday, claiming they had defrauded the fund out of more than $24 million for a project that eventually collapsed.
Technology private equity giant Silver Lake Group LLC finally put a price tag on its new clean-energy fund of $1.25 billion, saying Wednesday that it had raised $206.8 million so far.
Warren Buffett's MidAmerican Energy Holdings Co. has agreed to purchase a $2 billion solar power plant under construction in California, a deal necessitated by seller First Solar Inc.’s failure to secure a government loan to pay for the project's completion, the companies said Wednesday.
U.S. environmental regulators agreed Monday to allow ConocoPhillips to build a pipeline and bridge over a major river in northern Alaska, bringing the energy giant closer to launching the first oil and gas production in a key Arctic petroleum reserve.
Baker & McKenzie LLP has added a project finance partner from SNR Denton to its Chicago office to bolster its cross-border financing of energy and infrastructure projects, with a focus on renewable energy deals, the firm announced Monday.
A private equity consortium led by energy-focused firm EIG Global Energy Partners LLC has acquired a preferred shares portfolio worth $750 million from a subsidiary of Chesapeake Energy Corp. to finance a natural gas drilling project, Chesapeake announced Monday.
U.S. private equity firm First Reserve Corp. has committed $150 million to a joint venture with Spanish renewable energy developer Renovalia Energy to buy and operate wind farms in Europe and North America, the companies said Monday.
House Republicans attempted to rally support Friday for a proposed bill that would force the U.S. Department of State to expedite a permit for TransCanada Corp.'s oil sands pipeline, inviting a TransCanada executive and union officials to testify about the pipeline's job creation potential.
First Hydrocarbon Nigeria Ltd. has paid $147.5 million for a stake in an onshore oil block owned by a Royal Dutch Shell PLC subsidiary and two other energy companies, the buyer said Thursday.
The Related Cos. LP was hit with a derivative suit in Delaware on Wednesday alleging the developer conspired to deprive a startup investor in a billion-dollar Las Vegas convention center of its take in the project.
Wind energy companies are eyeing master limited partnerships as a means to raise needed capital, but the players who have long enjoyed the benefits of that business structure — private equity, oil and gas companies — could pose as an obstacle to that effort.
Indian private equity firm Ashok Piramal Group has partnered with state-sponsored developer Infrastructure Development Finance Co. Ltd. and Canadian engineering firm SNC-Lavalin Group Inc. to jointly develop highway projects in India, the companies announced Tuesday.