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News
18 October 2018

iGTB, Bolero partner in bid to make trader faster, more secure

Intellect Global Transaction Banking (iGTB), the transaction banking division of Intellect Design Arena Ltd has entered into a collaboration agreement with...

News
18 October 2018
in
Power, Renewables

Planning approval granted for Wagga Wagga solar project

Wirsol Energy's Renew Estate has been granted planning approval for a 120MW solar plant with 40MWh storage near Wagga Wagga, New South Wales. The project is...

News
18 October 2018
in
Power

BB Energy refinances and upsizes RCF

Independent energy trader, BB Energy, has signed a new $245 million one-year revolving credit (RCF). The facility, signed on 16 October, will refinance the...

News
18 October 2018

Finastra: Sagive Greenspan is new general manager for payments

Finastra has appointed Sagive Greenspan as SVP, General Manager of Payments. He will lead the company's end-to-end payments business. Prior to joining Finastra,...

News
18 October 2018
in
Infrastructure, Transport

Financial close for Blankenburg Connection PPP

The BAAK consortium – comprising Macquarie Capital (70%), Ballast Nedam (15%) and DEME (15%) – has reached financial close on the €1 billion...

News
18 October 2018

Sberbank and Yandex form faster B2B payments tool

Sberbank, Russia's largest bank, is collaborating on a faster B2B payments solution with the financial services unit of Russian search engine Yandex. Sberbank and...

News
18 October 2018

Sberbank and Yandex form faster B2B payments tool

Sberbank, Russia's largest bank, is collaborating on a faster B2B payments solution with the financial services unit of Russian search engine Yandex. Sberbank and...

News
18 October 2018

SACE, Etihad Credit Insurance sign trade/insurance MoU

Italy's SACE and Etihad Credit Insurance (ECI), the UAE Federal export credit company, have signed a Memorandum of Understanding to enhance business opportunities...

News
18 October 2018
in
Renewables

50MW Kita solar PV project in Mali reaches financial close

The €78 million ($90 million) 50MW Kita solar PV project in Mali reached full financial close on 17 October. Sponsored by French renewable developer Akuo Energy, the...

News
18 October 2018
in
Power

Sri Lanka green energy project receives €30m AFD loan

Sri Lanka will get €30 million from Agence Française de Développement (AFD) for a project to cut transmission losses at state utility Ceylon...

News
18 October 2018
in
Metals and Mining

Alcoa announces $200m buyback, releases financial results

US-based Alcoa Corporation has announced a common stock repurchase program under which Alcoa may purchase up to $200 million of its outstanding common stock. In third...

News
18 October 2018

Incomlend adopts blockchain-based Invoice Check to combat fraud

Singapore-based global invoice discounting platform Incomlend has adopted Invoice Check - a blockchain application developed by Trade Finance Market - to determine if an...

News
18 October 2018

NIB and Oma Säästöpankki Oyj finance Finnish SMEs

The Nordic Investment Bank and Finnish Oma Säästöpankki Oyj have signed a seven-year loan programme of €35 million for onlending to small and...

News
17 October 2018

Berne Union credit and investment insurers continue to pay high claims

The Berne Union Members' 2018 H1 Business Data has been released, revealing stable business for credit and investment insurers, despite the uncertain environment for...

Perspective
17 October 2018

The great crude oil game enters a new chapter

High crude oil prices look set to continue despite efforts to increase production. At the same time, argues Jonathan Bell, we are seeing a greater strategic use of crude....

News
17 October 2018

Demica hires new CFO and Head of Origination, Americas

Working capital solutions provider Demica has appointed Andrew Ryan as Group CFO, based in London, and Andrew Holmes as Head of Origination, Americas. Holmes will be...

Perspective
17 October 2018

Shop talk: The facts and fictions of UK infra investment

UK flagship infrastructure projects continue to grab the financial headlines. But the reality is the UK is far behind its economic peer group in infra spend and delivery,...

News
17 October 2018
in
Renewables

Enel secures $650m club loan for Mexican solar projects

Enel Green Power has signed an 18-year $650 million club loan for the financing of three solar projects in Mexico. Each of the projects benefit from 20-year...

News
17 October 2018
in
Infrastructure

Turin poised to launch €600m hospital PPP project

The Piedmont regional government is set to launch a PPP project for the development of a huge medical facility in the Italian city of Turin. The teaching and research...

News
17 October 2018
in
Metals and Mining

Vector secures $35m debt funding for Adidi-Kanga gold project

Australia-based Vector Resources has secured a US$35 million debt funding for its Adidi-Kanga gold project, in the Democratic Republic of Congo. Dubai-based FT General...