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07 March 2018
in
Metals and Mining

Glencore's talks to sell cobalt to China's GEM falter on price

Glencore is in talks to sell around a quarter of its cobalt output in a one-year deal to Chinese firm GEM - but price is a sticking point as Glencore and other major...

07 March 2018
in
Renewables

Lightsource BP makes additions to senior management team

Solar developer Lightsource BP has appointed Carol Borg as chief financial officer and Randal Barker as general counsel. Borg previously served as group CFO of Southern...

07 March 2018

Baker Botts hires international projects and finance lawyer

Global law firm Baker Botts has appointed Martin Menski to its Global Projects Group in the Washington office as Special Counsel. The former Clifford Chance lawyer...

07 March 2018
in
Power, Renewables

Neoen gets state backing for Crystal Brook hybrid hydrogen project

The South Australian state government is to provide a $1 million grant to help renewable energy developer Neoen complete its feasibility study for the 50MW Hydrogen...

07 March 2018

Sibur says no additional funding for ZapSib

Sibur has revealed that its flagship subsidiary ZapSibNeftekhim (ZapSib) is not going to tap the market for any additional major financing for its ZapSib petrochemicals...

07 March 2018
in
Oil & gas

Shell doubles planned offtake from Calcasieu Pass LNG project

Shell has doubled its offtake commitment from Venture Global LNG's planned Calcasieu Pass LNG facility in Louisiana. The new commitment of 2 million mt/year over a...

07 March 2018
in
Renewables

MESIA forecasts 13GW of solar projects in the MENA pipeline for 2018

The annual Solar Outlook Report compiled by the Middle East Solar Industry Association (MESIA) forecasts 13GW of projects in the pipeline for the MENA region in 2018,...

07 March 2018

Management lead €4bn portfolio buy-out from Rabobank's Bouwfonds IM

Bouwfonds Investment Management - a subsidiary of Rabobank's Rabo Real Estate Group - has sold a €4 billion portfolio of real estate and infrastructure assets in...

07 March 2018

BAFT and IIFM to work together on Islamic trade finance

The Bankers Association for Finance & Trade (BAFT) and the International Islamic Financial Market (IIFM), an Islamic financial services standard-setting body, are to...

07 March 2018
in
Renewables

NLC India tenders 20MW solar + storage project and $394m in finance

Indian state-owned coal mining company Neyveli Lignite Corporation India Ltd (NLCIL) has issued a tender for a $394 million financing of solar power projects...

07 March 2018
in
Renewables

Tradewind sells 300MW Diamond Vista wind project to Enel

Tradewind Energy has sold the 300MW Diamond Vista wind farm project, located in Kansas' Marion and Dickinson counties, to long-term strategic partner Enel Green Power...

07 March 2018

EIB agrees €100m SME credit line to Morocco's Attijariwafa Bank

The European Investment Bank (EIB) and Attijariwafa Bank have signed a €100 million credit line to boost support for Moroccan small and medium-sized enterprises and...

07 March 2018

NIB and Säästöpankki Optia sign €30m facility for SME finance

Nordic Investment Bank and Säästöpankki Optia have signed a €30 million seven-year loan facility for onlending to small and medium-sized...

07 March 2018
in
Power

XL Catlin appoints Nicola Harris as head of energy, EMEA

XL Catlin has appointed Nicola Harris as Head of Energy, Europe, the Middle East and Africa. She will be based in Dubai and be responsible for providing and designing...

07 March 2018

Malaysia SME development bank chooses Wolters Kluwer’s OneSumX for IFRS 9

SME Development Bank Malaysia Berhad, the country's development financial institution, has chosen Wolters Kluwer's OneSumX to provide its software for managing...

07 March 2018

ICC report highlights low risk of trade and export finance products

Default rates for trade finance products ranged from 0.03% to 0.24% - a more favourable credit risk than is posed by other banking activities, such as enterprise lending,...

07 March 2018

Deutsche Bank is first international bank to sign MoU with Sinosure for export guarantees

Deutsche Bank has signed a Memorandum of Understanding with China Export & Credit Insurance Corporation (Sinosure) to strengthen cooperation between both organisations on...

06 March 2018

Opportunity of the day: Jiangsu Linyang Energy to issue three-year $305m bond in Singapore

Jiangsu Linyang Energy is preparing to issue a $305 million bond not exceeding three years in Singapore, said company secretary Cui Dong Xu. This news service reported in...

06 March 2018
in
Telecoms and Communications

Covage reaches financial close on Herault broadband PPP

Covage, through special purpose company Herault THD, has reached financial close on the Herault Numerique high-speed broadband network project in France. The 25-year PPP...

06 March 2018

Goldman Sachs creates new commodities finance team

Goldman Sachs Group is creating a new commodities finance team that will move staff from the securities division into the investment banking division. Colleen...