Uganda has received a US$500 million credit from China that will allow for construction of the 600-MW Karuma hydropower project, sources have reported.

Infrastructure developer Sacyr has obtained a US$77.9 million contract from Generacion Andina to construct a pair of hydroelectric plants in Peru via its subsidiary, Sacyr Construccion.

Two African Development Bank (AfDB) grants totaling US$5.25 million awarded to the Democratic Republic of Congo will help provide technical assistance for the development of the Inga 3 hydropower project.

A new 290,000-square-foot data center built by Facebook is run entirely on hydroelectric power, the social media giant has announced.

Russian hydropower project operator and energy giant RusHydro has assumed chairmanship of the Global Sustainable Electricity Partnership (GSEP), per proceedings at the organization's annual summit this past week.

Global infrastructure firm Gannett Fleming has named Rod Holderbaum as its new Dams and Hydraulics Practice leader, the Pennsylvania-based company has announced.

Hydro project parts and technology manufacturer Parker Hannifin Corporation has released a new web-based, interactive sales too for utility customers, original equipment manufacturers and industry consultants.

The government of Uttarakhand has signed a US$150 million loan agreement with the Asian Development Bank (ADB) intended to help fund hydropower projects in the Indian state.

German hydro project design firm Hydroprojekt Ingenieurgesellschaft mbH (HPI) has announced that it will begin operating under the new name Lahmeyer Hydroproject GmbH.

Green energy producer NSL Renewable Power has received US$5 million in financing from the International Finance Corporation (IFC) that will be used in part to fund its 100-MW Tidong hydroelectric project, Indian sources report.

Hydro technology manufacture Integrated Power Services (IPS) has announced that John Zuleger will become president and CEO of the South Carolina-based company, effective June 10.

Recent upgrades to Seattle City Light's credit ratings reflect the utility and hydropower project operator's strong financial management strategies.

The Export-Import Bank of China has signed an agreement with the Pakistani government to provide US$448 million for construction of the 969-MW Neelum Jhelum hydropower project, HydroWorld.com has learned.

Germany's development bank Kreditanstalt fur Wiederaufbau (KfW) has provided US$125.4 million for the construction of Pakistan's 122-MW Keyal Khwar hydropower project, HydroWorld.com has learned.

China Power Investment Corporation has unveiled a plan to invest US$17 billion in developing 7,000 MW of hydroelectric power in Indonesia's North Kalimantan region.

Canadian power producer Innergex Renewable Energy Inc. has closed a US$69.75 million non-recourse construction and term project financing deal for the 17.5-MW Northwest Stave River hydroelectric project.

The National Hydropower Association is hoping that its inaugural Hydropower Finance Summit will help foster relationships between investors and developers in the hydroelectric industry.

JSC RusHydro has signed a deal that will see the Russian energy conglomerate manage and modernize a pair of hydroelectric projects in Nigeria.

JSC RusHydro has secured a US$25 million loan from the Asian Development Bank (ADB) that will be used for the modernization of hydropower projects in Armenia's Sevan-Hrazdan Cascade.