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14 March 2018

Chexim, CDB lent more to global energy projects than the World Bank

The China Development Bank and Export-Import Bank of China (Chexim) spent more money on global energy projects than the emerging markets lending arm of the World Bank,...

14 March 2018

Why researchers want governments involved in blockchain’s attack on late payments

Blockchain technology could have the potential to address late and delayed supplier payments, according to a new report by the Korea Small Business Institute. Smart...

14 March 2018
in
Infrastructure, Transport

John Laing sells stake in IEP phase 1 to AXA

The John Laing Group has agreed to sell its 15% interest in the InterCity Express Programme (IEP) Phase 1 project to insurance and asset management...

14 March 2018
in
Renewables

Georgia Power signs up for 510MW solar offtake

Georgia Power has entered into power purchase agreements for capacity totalling 510MW from three solar projects in the state. Agreements have been made for the 160MW...

14 March 2018
in
Power, Renewables

Kazakhstan announces 1GW renewable energy auctions

The Ministry of Energy of the Republic of Kazakhstan has announced a schedule for auctioning 1GW of capacity in 2018. The auctions will be held in May/June and October...

14 March 2018
in
Renewables

RfC issued for solar project at landfill site in Bahrain

The national Electricity and Water Authority (EWA) has issued a request for concept for the development of a solar project at the Askar landfill site, in the...

14 March 2018
in
Renewables

Arise issues SEK650m green bond

Swedish wind power company Arise has issued a new SEK650 million three-year senior secured green bond with a floating rate of three months STIBOR plus 4.50 % pa and...

14 March 2018
in
Renewables

Tricom applies to NEPRA for 50MW wind project licence

The Adamjee Group and Yunus Brothers Group joint venture Tricom Wind Power has applied to Pakistan's National Electric Power Regulatory Authority for a wind...

14 March 2018

What lies ahead for ECAs in 2018? New TXF podcast released

Three ECA practitioners highlight their predictions for the industry in 2018. From the fate of US Ex-Im to the UK government rescinding on Brexit, there is something for...

14 March 2018
in
Renewables

Encavis buys 44MW Dutch solar project from Solarcentury

In the first deal with strategic partner Solarcentury, Hamburg-based Encavis AG has closed the acquisition of a 43.9MW construction-ready solar park located near...

14 March 2018
in
Oil & gas, Power

Summit and Mitsubishi sign MoU for LNG terminal and power project

Bangladesh's largest independent power producer Summit Power International Pte and Mitsubishi subsidiary Diamond Gas International have signed a memorandum of...

14 March 2018

The limits of tech on late B2B payments

Some players say electronic invoicing and electronic payments can help accelerate B2B invoice payments. The alternative finance market argues that solutions like invoice...

14 March 2018
in
Oil & gas

Petrobras' $2.35bn Roncador field sale is approved

Brazilian oil giant Petrobras has been authorised by the country's competition regulator to sell a 25% stake in the Roncador field to Norway's Statoil for $2.35...

14 March 2018
in
Renewables

Italy plans 4.8GW wind and solar auction programme

Italy’s Ministry of Development has submitted a draft decree for the introduction of a new incentive scheme (Decreto Fer) and mixed wind-solar auction mechanisms...

14 March 2018
in
Oil & gas

Mereenie well and processing plant upgrade given approval

A joint venture of Central Petroleum and the Macquarie Group has received an interim approval from the Australian Competition and Consumer Commission for marketing...

14 March 2018
in
Oil & gas

JBIC considers funding PetrolVietnam’s $10bn gas project

The Japan Bank for International Cooperation may fund the Block B&52/97 project of the Vietnam Oil and Gas Group (PetrolVietnam) using loans without a government...

14 March 2018

NIB finances construction of a new Norwegian dairy for Tine

Nordic Investment Bank (NIB) and the Norwegian dairy company Tine have signed a €42 million 12-year loan to finance the construction of the company's new dairy...

14 March 2018

Finastra to automate Vietcombank’s trade finance operations

Finastra has been selected by the Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) to drive the lender's digital transformation initiatives. Its...

14 March 2018

ADB sells $3.25bn global benchmark bonds

The Asian Development Bank (ADB) returned to the US dollar bond market with the pricing of a $3.25 billion five-year global benchmark bond issue. The bond, with a coupon...

14 March 2018
in
Transport

Blockshipping using blockchain to transform shipping

New Danish company Blockshipping, whose CEO Peter Ludvigsen previously worked at Maersk Line, is using blockchain to make it easier for carriers to share containers with...