In depth
05 June 2024

Takeaways from the tea-party: TXF Amsterdam 2024

The 10th edition of the TXF Amsterdam Global Commodity Finance event has now passed, but what were the biggest talking points? Read on for the latest updates on growth in commodities, financing issues and the demands of sustainability. More

News
17 June 2024

US Ex-Im issues LOI for C3's La Cobaltera project financing

Chilean Cobalt Corp (C3) has received a non-binding Letter of Interest from the Export-Import Bank of the United States for a potential debt funding package of up to $317 million.The 15-year loan would fund development within C3's mining concessions that comprise the La Cobaltera cobalt-copper... More

News
17 June 2024

Hyundai Rotem wins express train supply deal from Uzbekistan

Hyundai Rotem, a South Korean rolling stock and defense equipment maker, has secured a KRW270 billion ($196 million) order from Uzbekistan to supply high-speed trains. The deal - funded by the Export-Import Bank of Korea - marks the country’s first export of express trains.The 42 train units... More

In depth
04 June 2024

The TXF Export Finance Survey pt 1: Not feeling it quite yet

The macro environment is still a little unsettled. So the industry is not completely willing to accept the good news on transaction volumes. More

News
17 June 2024

China loans delay plunges Eacop partners into crisis

A massive hole remains in the financing structure of the East African Crude Oil Pipeline, more than a year since Chinese financiers and the developers entered negotiations to bankroll the project’s debt. Shareholders have been forced into emergency measures to raise additional equity... More

News
17 June 2024

IFC funds Brookfield’s Bikaner solar power project

IFC is helping to fund a 550MWp solar power project in Bikaner, Rajasthan, India, being developed by Brookfield Asset Management.The development bank has committed $105 million through long-term non-convertible debentures allocated to the project's special purpose vehicles, which are... More

News
17 June 2024

Garanti BBVA renews sustainability-linked syndicated loan

Garanti BBVA renews its $435 million sustainable syndicated loan.Garanti BBVA announced the renewal of its sustainable syndicated loan. The bank plans to use the loan to finance foreign trade, for general corporate purposes, and to further its commitment to finance investments that support the... More

News
17 June 2024

Petrobras names new management team

The chief executive of Petrobras, Magda Chambriard, has announced her new management team. Fernando Melgarejo, appointed as chief financial officer, will take over the role from Sergio Caetano Leite, who was ousted alongside former CEO Jean Paul Prates last month. Renata Baruzzi will become the... More

News
17 June 2024

IFC supports sustainable textile manufacturing in Bangladesh, India

To support sustainable textile manufacturing and improve the sector's resource efficiency in Bangladesh and India, IFC is partnering with EPIC Group to help finance its green capital expenditure program and create higher-skilled jobs.  IFC is providing EPIC Group with a $100 million debt... More

News
17 June 2024

NEK gets EIB support for hydropower plants

EIB will provide advisory support to Bulgaria’s state-owned power utility Natsionalna Elektricheska Kompania (NEK) to prepare the construction of two large pumped storage hydropower plants in the south-west of the country.The pair of new renewable energy sources, named Batak and Dospat, will... More

News
17 June 2024

Hibiscus swoops up TotalEnergies’ Brunei business for $259m

TotalEnergies has set the wheels in motion to divest its affiliate in Brunei to Hibiscus Petroleum, a Malaysian independent oil and gas exploration and production company, enabling the latter to take over an offshore asset.TotalEnergies’ sale of its wholly-owned subsidiary, TotalEnergies EP... More

News
17 June 2024

EBRD mulls funding for Uzbekistan green hydrogen project

EBRD is considering financing an integrated renewable hydrogen production facility in Uzbekistan.The project entails the provision of a senior secured loan of up to $55.4 million on a project finance basis, comprised of a Bash WPP Extension tranche of up to $34.2 million and an electrolyser tranche... More

Event
Oct 2 - Oct 3, 2024

Asia 2024: Agency, Energy & Infrastructure Finance

Marina Bay Sands, Singapore

A networking super-highway for the agency, energy & infrastructure finance world!

Full details
News
17 June 2024

NIB co-finances new electric buses for Finland

NIB has joined the financing for 60 new electric busses to be operated by Nobina in the Greater Oulu, Greater Turku, and Greater Helsinki regions. NIB will fund €13.2 million of the total project.The 6.5-year loan will co-finance the deployment of new electric buses for Nobina’s... More

News
17 June 2024

Leo's Goulamina stake sale approved

The Mali government has conditionally approved the sale of Leo Lithium's remaining 40% share in the Goulamina holding company MLBV to Ganfeng. The Chinese group will pay Leo $342.7 million.The Mines Minister has conditionally approved the transaction, requiring the submission of transaction... More

News
14 June 2024

BlueNord closes $1.4bn RBL

Petroleum company BlueNord has signed a new $1.4 billion reserve-based lending facility maturing in December 2029. The facility will refinance BlueNord’s existing $1.1 billion facility.The new RBL includes an accordion option of up to $400 million that may be used to support potential future... More

News
14 June 2024

Finnvera backs Nokia exports to Digi Romania, Portugal

Finnvera is backing Nokia exports of telecommunication equipment and related services to Romania and Portugal.The deliveries are being made to Romanian telecom operator Digi Romania and its subsidiary in Portugal. Finnvera is guaranteeing a €35.7 million Citibank Europe loan to Digi Romania. More

News
14 June 2024

KIPIC in search of funding for Al-Zour petchem project

The Kuwait Integrated Petroleum Industries Company is in the market for financing for the anticipated $10 billion Al-Zour petrochemical project.The project, slated to be integrated with the $16 billion Al-Zour refinery, has encountered significant delays in recent years. KIPIC, the main investor,... More

News
14 June 2024

Everfuel submits Frigg project proposal

Everfuel has submitted a project proposal for the phased development of up to 2GW green hydrogen production capacity at the Revsing Energy Park under development by the municipality of Vejen, Denmark. The project, named Frigg, would become Everfuel’s first large-scale production facility... More

News
14 June 2024

Investec closes $600m term loan facility

Investec has closed a $600 million term loan facility.Proceeds will be used for general corporate purposes, including the refinancing of Investec's $450 million syndicated term loan facility signed on July 6, 2022. A total of 26 banks committed to the transaction.Coordinators, bookrunners and... More

News
14 June 2024

IFC to lead financing for NextSource's Molo mine

NextSource Materials has signed a Mandate Letter with IFC to lead a $91 million senior debt facility to fund an expansion of the Molo Graphite Mine in southern Madagascar.FC has provided indicative financial terms to lead the coordination of the overall debt syndicate with other select commercial... More