International law firm Milbank has advised Gas Natural Açu (GNA) on the development and financing of a 1.3 Gigawatt LNG-to-Power project at Açu Port in São João da Barra, Brazil. The financing includes a credit facility from the Brazilian development bank BNDES, guaranteed by KfW-IPEX bank and Euler Hermes, as well as a loan from the International Finance Corporation.
One of INNIO’s Jenbacher gas engines, together with a wood gasifier, helps achive over 90% efficiency at EnergieWerk Ilg’s wood-fired power plant in Vorarlberg, Austria. Built by SynCraft three years ago, the plant now gets expanded through the J412 engine generating an output of 500 kilowatts (kW).
GasLog has confirmed that one of its subsidiaries has signed a 10-year timecharter with Sinolam LNG Terminal to provide an FSU for a gas-fired power plant being developed in Panama. The vessel to be used is expected to be the 155,000 cu m ‘GasLog Singapore’, a tri-fuel diesel-electric (TFDE) LNGC built in 2010.
Novatek is evaluating projects aimed at introducing LNG as a fuel for distributed power generation, as well as motor fuel for maritime, automotive transport and mining equipment in Chukotka, situated in the Russian Far East. To this end, the Russian gas company signed an agreement with the government of the Chukotka autonomous area during this week’s Vladivostok Eastern Economic Forum.
Japan’s Tokyo Gas and Kyushu Electric Power (Kepco) have formed a company aimed at building a gas-fired power station at Sodegaura in Chiba, near Tokyo. This move comes after the two companies and Idemitsu Kosan ditched a plan in January to build a 2 GW coal-fired power station on the same site, saying it was not economically feasible.
Siemens has been awarded an order worth approximately €450 million to build a combined cycle power plant as a turnkey project at Landivisiau, western France, and operate the plant for 20 years. With an installed capacity of 446 MW, the power plant will help to cover Brittany’s growing demand for electricity.