Flood disaster tests Nepal’s hydropower ambitions and exports

Published on September 3, 2026

The 26 August flash floods on the Nepal-China border wiped out or badly damaged 281 megawatts of installed capacity and damaged 388 MW under construction in Nepal, with losses estimated to be hundreds of billions of Nepali rupees. With transmission lines on the Trishuli riverbank washed away, another 150 MW of power is cut off from the national grid.

Continue reading on website
Other news

Clifford Chance, White & Case weigh in on European Commission’s draft merger guidelines; Apax Digital backs securities finance tech platform

September 3, 2026
Morning all, Craig McGlashan here on Europe Wire duty from the London newsroom. The European Commission plans to finalize the review process of its draft merger guidelines in the fourth quarter. Ahead of that, PE Hub’s Nina Lindholm spoke to Jennifer Storey, partner at Clifford Chance, and Michael Engel, partner in White & Case’s global […]The post Clifford Chance, White & Case weigh in on Europea

Apax lines up €1bn debt package for Gerresheimer unit acquisition

September 3, 2026
Apax Partners is lining up around €1bn of leveraged debt financing to support its acquisition of two businesses from German packaging specialist Gerresheimer, according to a report by Bloomberg citing unnamed people familiar with the transaction.The financing is expected to comprise leveraged loans, including term debt and a revolving credit facility. The debt could be syndicated to institutional