Tuesday, November 5, 2024

Overseas Private Investment Corporation News

Flowserve Inks Deal for Prelude FLNG

Flowserve Corporation (FLS), a provider of flow control products and services for the global infrastructure markets, has entered into a five-year contract with Shell Australia to provide general maintenance services for Shell’s Prelude Floating Liquified Natural Gas (FLNG) facility…

Endeavor Energy to Build Thermal Power Plant in Guinea

Photo: Endeavor Energy

Privately-owned Endeavor Energy has started construction on a $121 million, 50-megawatt thermal power plant in Guinea, it said in a statement. The Te Power Project is expected to come online in the capital Conakry in 2019 and is being developed…

White House Names Morton New Energy, Climate Adviser

The White House named a new adviser to President Barack Obama on climate and energy at the National Security Council, a spokesman said on Wednesday. The adviser, John Morton, was previously the chief operating officer at the Overseas Private Investment Corporation.

Wärtsilä to Supply Extension to Flexicycle Power Station in Senegal

Wärtsilä will supply an extension to a 53 MW Flexicycle power plant currently under construction near Dakar, Senegal. The extension will comprise two Wärtsilä 46 engines running on heavy fuel oil, with a combined capacity of 34 MW. Both…

OPIC Partners to Develop S. African Energy Facility

The Overseas Private Investment Corporation (OPIC) has  signed an agreement with U.S. based energy developer SolarReserve and Saudi Arabia-based ACWA Power, recognizing OPIC’s $400 million commitment of debt financing to support the development…

U.S. to Fund S.Africa Solar Power Plant

The Overseas Private Investment Corporation (OPIC), the United States' government development finance institution, said it has approved funding for a $400 million solar farm in South Africa as part of new energy projects in emerging markets.

OPIC to Support Jamaican Solar Energy Facility

The Overseas Private Investment Corporation (OPIC), the U.S. Government’s Development Finance Institution, today signed a financing agreement with Content Solar Ltd., solidifying a $47 million OPIC loan to support a 20 megawatt grid-connected solar photovoltaic facility in Clarendon, Jamaica.

Acorn Appoints Oxman as Partner

Michael Oxman

Acorn International, an environmental and social risk management service provider, has appointed Michael Oxman as partner within its Houston office. In this role, Oxman will be the cornerstone in taking Acorn International to a new level…