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News
09 July 2024
in
Oil & gas

Glencore seals long-term LNG supply deal with Shenzhen Energy

China’s power generation firm Shenzhen Energy has signed a long-term deal to buy LNG from a unit of Glencore.Shenzhen Energy’s unit SE Gas Holding signed the...

News
09 July 2024
in
Infrastructure

IFC funds Togo textile manufacturing centre

Star Garments Group has received a financing package to help the company build Togo's first large-scale, export-focused apparel manufacturing centre.IFC's $15...

News
09 July 2024
in
Renewables

CWP mulls 5GW green hydrogen project at Canadian port

Renewables developer CWP Global and Corner Brook Port Corporation (CPBC) have signed an MoU on the potential development of a green hydrogen hub at the industrial port in...

News
09 July 2024
in
Other

BSTDB supports Albanian MSMEs

BSTDB has signed a new €7 million MSME facility with NOA, a microfinance institution in Albania. This funding injection will be on-lent to private enterprises,...

News
09 July 2024
in
Other

AFC appoints Banji Fehintola as executive director, financial services

AFC has appointed Banji Fehintola as its new Executive Director of Financial Services, effective August 1. Fehintola succeeds Sanjeev Gupta, who completes the final term...

News
09 July 2024
in
Infrastructure

Bpifrance eyes investment in Sanofi's consumer health business

Bpifrance Executive Director Jose Gonzalo said that the bank is considering a potential investment in Sanofi's consumer health unit.The French public investment bank...

News
09 July 2024
in
Metals and Mining

Chilean Cobalt strikes offtake partnership with Glencore

Chilean Cobalt has entered into a non-binding LOI with Glencore regarding an offtake agreement and strategic partnership for its La Cobaltera project in northern...

News
09 July 2024
in
Renewables

Adani to spend $9bn on green hydrogen in Gujarat

Indian conglomerate Adani is set to spend $9 billion on a green hydrogen plant in the Kutch district of Gujarat capable of producing one million tonnes of H2 a year.This...

News
09 July 2024
in
Other

EBRD and Banca Intesa Beograd to boost Serbian SME trade

EBRD has signed a financing package of €72 million (about $78 million) with Banca Intesa Beograd that aims to boost the competitiveness and trade potential of...

News
09 July 2024
in
Oil & gas

Ocean Yield’s foray into LNG to add $840m to its backlog

Norwegian shipowner Ocean Yield intends to buy an interest in France’s Geogas LNG from infrastructure fund CVC DIF, which marks its first acquisition in the LNG...

News
09 July 2024
in
Oil & gas

Pemex and Grupo Carso to develop Brazilian gas project

Mexico’s state energy company Pemex has partnered with Grupo Carso to resume the development of the Lakach natural gas project.Located 93km south-east of Veracruz...

News
09 July 2024
in
Oil & gas

Slovakia’s ZSE, Poland’s Orlen ink LNG supply deal

Slovakia’s gas and power firm SZE has signed a deal with Poland’s Orlen to buy LNG from the latter. These LNG supplies will be delivered mainly from the US to...

News
08 July 2024
in
Renewables

IOCGPS Renewables Private Limited to raise debt for biogas plants

IOCGPS Renewables Private Limited, a 50:50 joint venture between Indian Oil Corp (IOCL) and GPS Renewables, is looking to raise INR12 billion ($143.8 million) of...

News
08 July 2024
in
Renewables

UK onshore wind gets a level planning playing field

The UK’s new Labour government has lifted the de facto ban on onshore wind that has been in effect since 2015. The new administration is revising planning policy to...

News
08 July 2024
in
Transport

Avolon taps UKEF-backed loans for aircraft purchase

Dublin-headquartered aviation finance company Avolon - via SPV Cong Aviation - sealed six 12-year UKEF-backed loans to finance the procurement of an A320 Neo aircraft...

News
08 July 2024
in
Metals and Mining

Amman Mineral seeks up to $1.5bn for mine expansion

Indonesian miner Amman Mineral Internasional is seeking up to $1.5 billion in a loan to expand the country’s second largest copper and gold mine, sources said.The...

News
08 July 2024
in
Agri/Soft Commodities, Metals and Mining, Oil & gas

Natixis appoints new global trade heads

Michela Cicenia and Guillaume Genet have been appointed as global co-heads of global trade at Natixis. Genet has worked for Natixis for 25 years with over 10 years of...

News
08 July 2024
in
Agri/Soft Commodities

ofi signs inaugural USD-CNH loan facility

olam food ingredients (ofi) has secured its inaugural dual currency (USD & CNH) term loan facility aggregating $1.075 billion.The facility comprises a two-year $950...

News
08 July 2024
in
Renewables

India unveils second tender for green hydrogen subsidies

India has announced a second tender for green hydrogen production subsidies, offering up to INR50 ($0.60) per kilogram produced, up to a maximum of 450,000 tonnes a year...

News
08 July 2024
in
Renewables

Kexim agrees $150m for giant UAE solar power project

Export-Import Bank of Korea will provide $150 million in project financing for a solar power generation project in the UAE.State-owned Korea Western Power Co (KEPCO)...