Premium in brief

ACWA and SWCC sign Shuaiba 3 desal extension WPA
23/06/2017 17:48:27

Saudi state-owned Saline Water Conversion Company (SWCC) has signed a water purchase agreement (WPA) with ACWA Power for the Shuaiba 3 IWPP desalination expansion project. The project, awarded to ACWA by SWCC in early May, involves construction of a reverse osmosis desalination facility with a capacity of about 250,000 cubic meters a day (cm/d)....

Green Power raises Ishikari offshore wind loan
23 June 2017

Green Power has raised a combined bridging and project finance facility to part fund its 100MW Ishikari offshore wind project. Located 1.5-3.5km of...

Turk Eximbank out to banks for one-year facility
23 June 2017

Turk Eximbank is out to banks for a €300 million ($335 million) one-year euro and dollar denominated borrowing for on-lending to Turkish exporter...

Finacity begins analysing payments data
23 June 2017

Finacity has begun analysing payments data – a by-product of its receivables financing business – in a bid to create an in-house predictiv...

Salalah LPG financing closed
23 June 2017

Oman Oil Company’s $650 million Salalah LPG financing achieved full financial close this week. Structured via special purpose company Sa...

In depth

Current issues affecting use of L/Cs
TXF Premium
Current issues affecting use of L/Cs
Max Thompson
20 June 2017

In the latest edition of law firm Sullivan & Worcester's Trade Finance Breakfast Seminars, partner Geoffrey Wynne discusses the pros and cons of L/C's

Smart tracking: ECA and DFI cooperation growing
TXF Premium
Smart tracking: ECA and DFI cooperation growing
Tom Nelthorpe
19 June 2017

ECAs and DFIs have long worked together to compensate for poor liquidity in emerging markets - although given their different mandates and loan mechanisms, multi-sourced deals are not always a natural fit. But with new products coming to new markets, collaboration is getting smarter, faster and more sponsor-friendly.


Song of the day

Grounds for divorce
Listen on TXFunky

TXF Podcast