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News
25 May 2017

EDC prices third Green Bond

Canada's export credit agency Export Development Canada (EDC) has priced a $500 million Fixed Rate Green Bond due June 1, 2020 at 1.625%. HSBC, JP Morgan and SEB were...

News
25 May 2017

FPL seeks approval for $888m Dania Beach power plant replacement

Florida Power & Light is asking the Public Service Commission for exemption to the issue of request for proposals for the project to replace its ageing Broward County...

News
25 May 2017

Bangladesh approves 750MW Meghnaghat power project

Reliance Power will develop the gas-fired power plant in Narayanganj, subject to performance certificates for the equipment relocated from India. The...

News
25 May 2017

Poyry to advise on Qatari IWPP project bids

International engineering consultants Poyry has been awarded the Technical Bid Advisor mandate by the Qatar General Electricity & Water Corporation for an integrated...

News
25 May 2017

Expressions of Interest for Zambia's second Scaling-Up solar project

Twenty-one submissions were made to the Industrial Development Corporation for the opportunity to develop 200MW of solar as part of the IFC-sponsored Scaling-Up...

News
25 May 2017

Gunvor Singapore RCF set for June close

Commodity trader Gunvor is set to close its Asian revolving credit facility (RCF) in early June. The company is looking for $800 million to refinance both the one- and...

News
25 May 2017

Northland and Yushan plan Taiwanese 1.2GW offshore wind project

A joint venture by Canadian independent power producer Northland Power and Enterprise Energy subsidiary Yushan Energy is planning the Hai Long development as a two-phase...

News
25 May 2017

Louis Dreyfus to launch Asian RCF refi in June

Louis Dreyfus Company is set to launch its Asian revolving credit facility (RCF) refinancing to the market in the next few weeks. The trader is refinancing a $600 million...

News
25 May 2017

ICC: UK 7th out of G20 countries in participation at B20

The UK ranks seventh out of all G20 countries in participation at B20, which provides the platform for businesses to engage with G20 governments in shaping global trade...

News
25 May 2017

AMP Capital buys $163m Swedish energy portfolio

The Sydney-headquartered investment manager has reached financial close on the Solar Bioenergi portfolio of residential, municipal and industrial district heating assets....

News
25 May 2017

Seven bidding for Norwegian motorway PPP

Seven consortia have submitted qualification documents to Norwegian state road authority Vegvesen for the 25km RV3/RV25 motorway PPP. Three bidders for the NKr4 billion...

News
25 May 2017

Amu Power signs for $1.9bn Lamu supercritical thermal project

Kenyan and Chinese special purpose company Amu Power is to build a 1GW coal-fired power facility in Manda Bay, near the port of Lamu. The LAPSSET project has received $1...

News
25 May 2017

Clean energy target for ADB’s Energy Investment Forum

The Central Asia Regional Economic Cooperation (CAREC) 2017 Energy Investment Forum will be held at the Astana Expo, Kazakhstan on the 18-19 July. The...

News
25 May 2017

Star Energy Geothermal $660m loan signed

Star Energy Geothermal has signed a $660 million dual tranche loan to finance an equity stake in Chevron’s geothermal operations in Indonesia and the Philippines,...

News
25 May 2017

Pacific Andes suspected of trade finance fraud used to fund Copeinca acquisition

Hong Kong-headquartered fishing conglomerate Pacific Andes is embroiled in allegations that it used offshore companies engaging in potential trade finance fraud to fund...

News
25 May 2017

Karara project funding: $300m loan facility extension

Karara Mining Limited, set up through a joint venture between Anshan Iron and Steel Group Corporation and Gindalbie Metals Limited for the Karara Operation in Australia,...

News
25 May 2017

UK's CivilisedBank gets banking licence

The UK's CivilisedBank has secured a banking license from the Bank of England, enabling it to develop infrastructure and serve customers from early 2018. The digital...

News
25 May 2017

DS-Concept opens two new branches in India

Trade financing group DS-Concept has opened new offices in New Delhi and Chennai. The New Delhi office will service companies in North India in industries such as...

News
25 May 2017

Yuan slips to seventh place in global trade finance

China's yuan has slipped to become the seventh most actively traded currency for global trade finance, according to SWIFT. Its ranking for April gives the yuan a...

News
25 May 2017

Trade is about to go digital

Trade finance is finally waking up to the potential of digitisation, driven by a tide of change felt most strongly in Asia and commodity markets. It has taken a long...