Singapore company’s bid for LNG Limited fails to get financing
A $75 million bid to buy Australia and Houston-based LNG Limited has been put on hold because the Singapore LNG company behind the deal failed to get financing.
Singapore Solar Company LYS Energy Raises $10 Million from United Overseas Bank
LYS Energy Group (LYS), a Singapore-based solar independent power producer (IPP), has received S$14 million (~$10 million) green loans from the United Overseas Bank (UOB), Southeast Asia’s third-largest finance group and Singapore’s third-largest bank
Commercial financing for power transmission in Cambodia underway
MIGA, a member of the World Bank Group, has issued guarantees that will support the refinancing of existing power transmission infrastructure in Cambodia’s capital, Phnom Penh, and its surroundings.
Thai Super Energy to pick controlling stake in Vietnamese assets for $457m Read more at: https://www.dealstreetasia.com/stories/thai-super-energy-vietnam-183238/
Thai power group Super Energy Corporation will be acquiring four solar power assets in Vietnam at a transaction value not exceeding $457 million, it said in a regulatory filing.
ERC authorizes transfer of FiT-All component to fund renewable energy firms
THE ENERGY Regulatory Commission (ERC) on Friday allowed the National Transmission Corp. (TransCo) to draw funds from the Feed-in-Tariff Differential (FD) component of the Feed-in-Tariff Allowance (FiT-All) chest to augment deficiencies in the cost recovery revenue (CRR) sub-account to continue funding renewable energy producers.
Aboitiz Power drops acquisition in Vietnam
The international investment subsidiary of Aboitiz Power Corporation has abandoned its planned $46 million wind power acquisition in Vietnam due to snags in the completion of deliverables of the relevant parties as set on prescribed deadline dates.
Singapore’s Pavilion Energy seeks industry standard for green LNG
Singapore’s Pavilion Energy is asking potential liquefied natural gas (LNG) suppliers to help develop an industry standard for the superchilled fuel’s total greenhouse gas emissions, as it looks for new gas deliveries from 2023.
ExxonMobil investment builds on presence in S’pore
ExxonMobil held a virtual foundation-laying ceremony yesterday for its multibillion-dollar expansion of its Jurong Island integrated refining and petrochemical complex to increase its production capacity for higher-value products and cleaner fuels.
