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10 April 2018
in
Power, Renewables

Financial close for Nam Theun 1

Sponsors of the 670MW $1.3 billion Nam Theun 1 hydro power plant – EGCO Group (25%), Phonesack Group (60%) and EDL-Gen (15%) – have reached...

10 April 2018

Noble Group gets more support for restructuring plan

Noble Group has announced it is receiving growing support for its $3.4 billion restructuring plan after more than 70% of creditors holding the majority of its...

10 April 2018
in
Metals and Mining

Trafigura: Copper prices will rise in 2018 despite rising trade tension

Copper prices will rise this year as investors look past the ample global supplies and market turbulence to focus on the metal's long-term outlook, according to...

10 April 2018

Standard Chartered's Gautam Jain joins SC Ventures

Standard Chartered has revealed that Gautam Jain - currently Global Head, Digitisation and Client Access (DCA), Transaction Banking - has joined SC Ventures, effective...

10 April 2018
in
Metals and Mining

Glencore shares drop amid UC Rusal sanctions by the US

Commodity trader Glencore - which owns an 8.75% stake in Russian aluminium producer UC Rusal - saw its share price drop nearly 2% after the US said it was sanctioning...

10 April 2018
in
Renewables

Enel gets going with 185MW Hilltopper wind farm in Illinois

Enel Green Power North America, Inc. (EGPNA) has started construction of the 185MW HillTopper wind farm supported by two corporate offtakers. The $325 million project in...

10 April 2018
in
Renewables

BOEM seeks interest in New York Bight wind leases

The US Bureau of Ocean Energy Management (BOEM) is publishing a call to establish interest in commercial offshore wind energy leases for the Fairways North, Fairways...

10 April 2018

Safe Banking Systems hires Bognanno as chief innovation officer

US-based Safe Banking Systems, which provides anti-money laundering and compliance solutions, has appointed Joseph Bognanno to the newly created position of Chief...

10 April 2018

CivilisedBank to give up banking license

UK challenger bank CivilisedBank is to release its banking license to focus on technology development of its small business financial services. The fintech, which targets...

10 April 2018
in
Power, Renewables, Transport

SBI agrees loan for 900MW Arum III hydro project in Nepal

The SJVN consortium awarded the construction of the 900MW Arun III hydropower project in Nepal has made an informal agreement with the SBI for a Rs80 billion loan. The...

10 April 2018

How SCF is offering companies a new cash source

Supply chain finance (SCF) is increasingly appearing on the radar screens of chief financial officers as they look to find funds for projects. SCF has been around for...

10 April 2018
in
Metals and Mining

Glencore's Glasenberg quits as board director at Rusal

Glencore chief executive Ivan Glasenberg has resigned from his position as a director at Russian aluminum firm Rusal after the company was targeted by US sanctions....

10 April 2018
in
Agri/Soft Commodities, Infrastructure, Manufacturing & equipment, Metals and Mining, Oil & gas, Power, Renewables, Telecoms and Communications, Transport, Waste and water

New SACE: Listening pays

Since the CDP-SACE-SIMEST restructuring in 2012, SACE has transformed from tired state relic into one of the world’s leading providers of export credit cover. It has the...

10 April 2018
in
Renewables

Two Towers selected for Borssele V offshore wind farm

The Two Towers consortium has won the tender for the 19MW Borssele Wind Farm Site V located 20km off the coast of Zeeland, the Netherlands. The consortium is made up of...

10 April 2018
in
Renewables

Lars Andersen appointed K2 President and MD of North American operations

K2 Management, a development and construction services provider to the wind and solar industry, has appointed Lars Andersen as President and Managing Director of its...

10 April 2018
in
Renewables

Gulf Energy and TTC partner on 48MW solar project in Vietnam

Thailand's Gulf Energy Development and Vietnamese company Thanh Thanh Cong Group (TTC Group) are to develop a $66 million solar power project in Trang Bang district,...

10 April 2018
in
Renewables

Tunisia plans 1GW wind and solar tender

The Tunisian Prime Minister has announced that a tender for the procurement of 1GW of wind and solar capacity is scheduled to be launched on April 27. The projects will...

10 April 2018

UBS hires new Head of Infrastructure Americas

The Real Estate & Private Markets (REPM) business of UBS Asset Management (UBS-AM) has appointed Perry Offutt as Head of Infrastructure Americas,...

10 April 2018
in
Power

OPWP issues RfQ for clean coal project

The Oman Power and Water Procurement Company (OPWP) has issued a request for qualifications for developers interested in a project for a 1.2GW clean coal-fired...

10 April 2018
in
Transport

SCF Group seals $252m long-term credit facility

PAO Sovcomflot (SCF Group) has signed a new $252 million seven-year credit facility with a consortium of lenders including ABN AMRO Bank; BNP Paribas; Citibank; ING Bank;...