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News
26 April 2017

Bharat PetroResources out to banks with new loan RFP

Bharat PetroResources (BPRL) is out to banks with a request for proposals (RFP) for a five- to seven-year borrowing to refinance existing debt and fund capital...

News
26 April 2017

HSBC mandated on $100bn Aramco IPO

HSBC joins JPMorgan Chase & Co and Morgan Stanley on the intial public offering of the Saudi Arabian national oil giant.

News
26 April 2017

Rotary Engineering awarded S$140m Jurong Port terminal project

The project for a new liquid bulk terminal, located adjacent to Singapore's Jurong Island petrochemical hub is a joint venture between Jurong Port and Oiltanking...

News
26 April 2017

US court upholds FERC decision on PaTu wind PPA dispute

The 9MW Oregon wind farm had signed with Portland General Electric (PGE) to sell its total output. While PaTu expected dynamic real-time scheduling, PGE...

Perspective
26 April 2017

Metalloinvest: The debt that feeds just got cheaper

Metalloinvest’s pricing push has seen it emerge with a big decrease on the cost of its pre-export debt for 2017. Details will be confirmed at signing – expected this week...

News
26 April 2017

Canadian Solar closes $97m IS-42 solar project

The financing of the 92MW PV project located in Bladen and Cumberland counties in North Carolina was secured from Prudential Capital Group who will provide a $97...

News
26 April 2017

GIB and Lightsource to team up for Indian renewable projects

The recently acquired Green Investment Bank (GIB) is in talks with UK-based Lightsource Renewable Energy about funding the development of 1GW of renewable capacity...

News
26 April 2017

Petroperu to restructure debt with $3bn bond issue

The Peruvian state-owned petroleum company intends to issue the government-backed bonds as a way of restructuring expensive short-term loans, allowing work on the $5.4...

News
26 April 2017

Vitol Asia: Oil prices to hold below low $60s in 2017

Oil prices are likely to range between the low $50s and low $60s a barrel in 2017 and are unlikely to hit $70 a barrel due to excess supply, the Asian head of energy and...

News
26 April 2017

Monash University tenders 40MW renewable off-site energy in Australian first

The Melbourne university has announced the largest Australian non-governmental corporate tender to meet around 55% of its electricity demands. The 10-year contract will...

News
26 April 2017

ACWA Power to revive plans for bond and sukuk issue

The Saudi Arabian water and power company is in the process of breathing life back into a plan hatched late last year to issue a $600 million senior secured bond and a...

News
26 April 2017

Nord Stream 3&4 funding plan emerging

Shareholders in Nord Stream 3&4 – Gazprom, Uniper, Wintershall, Shell, OMV and Engie - have committed to raising funds for the €9.5 billion...

News
26 April 2017

Edra Energy signs PPA for Alor Gajah CCGT power plant

On 14 April 2017 Edra Energy, which was sold by 1MDB to China General Nuclear Power Corp, signed a 21-year power purchase agreement with state power utility Tenaga on the...

News
26 April 2017

Bank of England seeks startups for DLT privacy projects

The Bank of England is seeking startups to take part in distributed ledger projects focused on data privacy, as part of its accelerator project. The central bank's...

News
26 April 2017

Digital trade tools offer efficient alternative in Central and Eastern Europe

Digital trade finance platforms and tools such as the Bank Payment Obligation can help treasurers mitigate counterparty and other local risks more efficiently as...

News
26 April 2017

Myanmar's FPB picks Misys trade finance solution

Myanmar's First Private Bank (FPB) has chosen Misys FusionBanking to streamline and digitise its operations. The product's Trade Innovate and Corporate Channels...

News
26 April 2017

Supplier costs deter B2B card payment takeoff

B2B card payments are failing to gain significant traction, mostly because suppliers are typically charged for taking a card payment and face overhead costs for hosting...

News
26 April 2017

LMA releases results of its developing markets survey

The Loan Market Association (LMA) has released the results of its survey on the opportunities and challenges facing increasingly active developing market jurisdictions....

News
26 April 2017

Mizuho picks Cognizant to develop DLT solution for trade finance

Japan's Mizuho Financial Group has picked US tech provider Cognizant to develop a distributed ledger solution to make trade finance more efficient. Cognizant will use...

News
26 April 2017

AIB fined over AML and terrorist financing compliance

Allied Irish Banks (AIB) has been fined more than €2.3 million by Ireland's central bank for failing to comply to anti-money laundering and terrorist financing...