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Argentina's power funding pace picks up

GE EFS and YPF’s recent commercially banked project financing for two thermal power plants in Argentina, the first such deal in almost 20 years, has proven the financial viability of some Argentine power projects. But while lender sentiment is improving, project borrowers still face major funding challenges.

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18 August 2017

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Aela Energia: Shaking the DFI money tree

Having just closed a $410 million DFI-backed wind portfolio financing in Chile, Aela Energia is talking to the same lenders about financing for the next stage of its pipeline of Chilean wind projects.

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16 August 2017

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Southern Gas Corridor: Pipe dream to pipe reality

Development of the $43 billion Southern Gas Corridor has been dogged by concerns over Azerbaijan’s creditworthiness, politics and even ancient olive groves. But the DFI, multilateral and commercial bank funding tap keeps on giving.

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15 August 2017

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Manila Water and the IFC team up for Asia-Pacific projects

Manila Water Asia Pacific and the International Finance Corporation have signed an memorandum of understanding to explore the provison of water, water recycling and environmental service projects in Southeast Asia.

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JICA backs Sihanoukville port project

Japan International Cooperation Agency (JICA) has signed a JPY23.5 billion ($213 million) 40-year ODA loan - priced at 10bp annually - to back development of the Sihanoukville Port New Container Terminal project in Cambodia.

17 August 2017

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IDA finances Niger’s off-grid solar project

The government of Niger has ratified an agreement it closed in June with the International Development Association (IDA) for a €42.7 million ($50.3 million) financing to support the Niger Solar Electricity Access Project (NESPA), an initiative aimed at bringing solar power to rural communities.