TXF in depth

Finerge puts borrowings in one basket
Finerge puts borrowings in one basket
Ross Crear
11 July 2019

First State Investments-owned Finerge’s recent Portuguese wind portfolio refinancing knocked around 100bp off the cost of debt and upped the tenor. But most significantly it is structured as a platform for future Finerge borrowing, with potential extra liquidity built in.

Hydrocarbons sector remains a lynchpin of bank financing
Hydrocarbons sector remains a lynchpin of bank financing
Jonathan Bell
10 July 2019

Despite some of the legal challenges taking place in the US, financiers can be expected to remain committed to the huge volume of hydrocarbons financing which will take place over the next couple of decades. Jonathan Bell examines the scene.

DRC: Learning from the pitfalls of small-scale mining
DRC: Learning from the pitfalls of small-scale mining
Aife Howse
10 July 2019

Small-scale miners in the Democratic Republic of Congo (DRC) produce one third of the country’s cobalt amid dubious environmental and ethical standards. But can international and local mining groups help address the issue and provide regulatory frameworks to move the market to bankable structured financing?

TXF in brief

NYSERDA selects two preferred bidders for offshore wind
19 July 2019

New York State Energy Research and Development Authority (NYSERDA) has appointed a 50/50 joint venture between Orsted and Eversource, and an Equinor s...

Goldwind in for Agnew gold mine power scheme
19 July 2019

Australian power company EDL signed a wind turbine contract this month with Chinese turbine manufacturer Goldwind for its $112 million ($78.6 million)...

Pasto-Rumichaca 4G toll road reaches FC
19 July 2019

Concesionaria Vial Union del Sur – a consortium comprising Sacyr (60%) and Herdoiza Crespo (40%) – has reached financial close on the COP2...

Hann resigns from CIB
19 July 2019

Nicholas Hann confirms he has resigned from his role as head of investments at Canada Infrastructure Bank (CIB) after just 10 months in the job. Prior...

Banks mandates near for Oman’s $3bn pre-pay facility
18 July 2019

Oman has been sounding out bank appetite for a $2.85-$3 billion commodity-linked pre-payment facility. The three-year loan is likely to include the us...

TXF Data

Commodity Trade Finance Lender H1 2019

Bank USDm No %

TXF Podcast

Song of the day

Soledad Brothers
I-75 Boogie
Listen on TXFunky