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TransAlta closes on acquisition of Fortescue’s Solomon
Canadian independent power producer TransAlta has closed on the $318 million acquisition of the Solomon power plant from embattled iron ore producer Fortescue Metals Group.
Stornoway Diamond mandates Renard project banks
Stornoway Diamond Corporation has mandated seven lead arrangers for up to $475 million of senior debt for its Renard Diamond project in Canada.
Bank bids in on Rio Novo’s Almas as costs rise
Rio Novo Gold has received commitments from six banks to provide senior debt towards its Almas gold project in Brazil