Rio Tinto via its ownership of Turquoise Hill Resources has finally inked an agreement for the additional financing of the long-dated Oyu Tolgoi mining project in Mongolia - albeit with significant construction risk.

The Almaty Ring Road PPP financing is a major achievement for Kazakhstan. But are estimations of its impact beyond meeting the project’s objectives too high?

Tesla has been running the show on so-called gigafactories for electric vehicles for some time. But now Europe with considerable support from DFIs and backing by ECAs for select projects is firmly in the race.

The Mozambique LNG project raised the project finance benchmark for large-scale schemes after it closed amid the Covid-19 crisis with a surprising tenor given the volume of debt involved. But there is more to the deal than just size – key elements will enable the sponsors to use the concession as leverage for future debt.

Overall volumes of global export finance fell by roughly $7 billion compared to H1 2019 according to the TXF H1 2020 Export Finance report. However, the drop in volume is not significant given the Covid-19 pandemic interrupted the signing of several big ticket ECA-backed deals.