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14 December 2018

The Hartford launches CPRI products

US-based The Hartford has announced the launch of its new credit and political risk insurance (CPRI) products, designed to help corporations, financial institutions and...

14 December 2018
in
Metals and Mining

Capricorn Metals: A$107m package for Karlawinda gold project

Capricorn Metals has reached financial close on a A$107 million 5.5-year project facility from Macquarie Bank to fund the majority of the construction...

14 December 2018

NIB and Liedon Saastopankki agree €20m SME financing

Nordic Investment Bank has signed a €20 million loan programme with Liedon Saastopankki for financing small- and medium-sized (SME) enterprises and...

14 December 2018

AfDB approves €63m loan for sustainable wastewater project in Kenya

The African Development Bank has approved €62.914 million to finance the provision of sustainable wastewater services through the 'Nairobi Rivers Basin...

14 December 2018

Chinese battery firm GEM halts purchases of cobalt from Glencore

Chinese battery firm GEM has stopped buying cobalt from Glencore as the price of the battery material crashed below that agreed in a three-year deal between the two...

14 December 2018

EIB supports e-mobility transition with EV-charging operator Allego

The European Investment Bank has agreed to provide €40 million as quasi equity in growth financing to Allego Holding BV, a Dutch operator of charging stations for...

13 December 2018

EIB and Bankia provide €800m to finance Spanish SMEs

The European Investment Bank will provide financing for small and medium-size and mid-cap projects with a €300m loan to Bankia in Spain. Bankia will match...

13 December 2018
in
Power, Renewables

Board approves Snowy 2.0 FID and awaits final say from government

The board of Snowy Hydro has approved a positive final investment decision for the Snowy 2.0 pumped hydro scheme and will wait for final approval from its major...

13 December 2018

EBRD pulls out of coal project lending

The EBRD will stop financing coal projects and nearly all oil projects, as part of a global effort by government-owned development banks to reduce climate change. The...

13 December 2018
in
Renewables

£1.4bn refinancing of Dudgeon offshore wind farm signed

Equinor, Masdar and China Resources Group – owners of the 402MW Dudgeon offshore wind farm – have signed a £1.27 billion hybrid refinancing comprising...

13 December 2018

SWIFT CEO Gottfried Leibbrandt to step down after 7 years

SWIFT CEO Gottfried Leibbrandt is to step down at the end of June 2019 after seven years in the role. Leibbrandt joined SWIFT in 2005 to focus on the development of...

13 December 2018
in
Telecoms and Communications

Bouygues, Axione and Mirova form CityFast for French FTTH roll out

Bouygues Telecom has formed a partnership with a Axione/Mirova consortium CityFast to roll out a fibre optic network comprising an additional 3.4 million premises in...

13 December 2018
in
Renewables

InfraCo Africa helps finance Élan Solar project in Cameroon

InfraCo Africa, part of the Private Infrastructure Development Group, has signed a Convertible Loan Agreement with Project Élan 1 SAS, committing up to US$1.7...

13 December 2018

New chair announced for Infrastructure Partnerships Australia

Independent policy think tank, Infrastructure Partnerships Australia, has announced the retirement of its chair Adrian Kloeden and the appointment of his successor. Sir...

13 December 2018
in
Renewables

Boralex announces replacement VP and CFO

Renewables developer Boralex has announced Bruno Guilmette as the replacement for the retiring Vice President and Chief Financial Officer, Jean-Francois Thibodeau....

13 December 2018
in
Power, Transport

IndiGrid looks to raise $350m for project acquisitions

Infrastructure investment trust India Grid Trust (IndiGrid), sponsored by Sterlite Power Grid Ventures Ltd, has started roadshows to raise Rs2,500-3,000 crore ( $350-420...

13 December 2018
in
Infrastructure, Transport

HRADF wants a better offer for the Marina of Chios

The Hellenic Republic Asset Development Fund (HRADF) has requested an improved financial offer from the sole submission for the right to use and exploit the Chios...

13 December 2018
in
Infrastructure, Other, Transport

BBGI acquires 5 PPP and LIFT assets

Global PPP infrastructure investment company BBGI SICAV has completed the purchase of three Dutch transport and social infrastrure PPPs in partnership with VolkerWessels...

13 December 2018

Temenos acquires SaaS vendor Avoka for $245m

Swiss-headquartered Temenos will acquire Software-as-a-Service (SaaS) vendor Avoka for $245 million as it looks to reinforce its digital powers. Avoka has more than 85...

13 December 2018
in
Metals and Mining

BHP stuck with Cerro Colorado mine as EMR backs out

The sale of BHP Group’s smallest copper mine in Chile has been called off after the would-be buyer, EMR Capital Advisors, failed to come up with the money on...