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News
06 April 2017

Opportunity of the day: VPower prepares to initiate financing for planned $350m Southeast Asian project

Hong Kong-based VPower Group International Holdings plans to raise finance to build natural gas power plants in Southeast Asia. The group is likely to enter into talks...

Perspective
06 April 2017

US Ex-Im in cuffs: Hall says it as it is

In a blunt welcome address on day one of US Ex-Im's annual conference, Charles Hall, acting US Ex-Im chairman and president, outlined the wider global context in which...

News
06 April 2017

Early borrowing base refinancings on the rise

With commodity prices predicted to rise and potential interest rate upticks on the horizon, commodities producers are beginning to tap the market for early...

News
06 April 2017

Luxcara reaches financial close for 111MW Egersund wind project

German renewables asset manager Luxcara has closed on the onshore wind farm located on the southwest coast of Norway.  Financing was provided by Skandinaviska...

News
06 April 2017

$175m ADB loan for Indian transmission projects

The Asian Development Bank loan that includes a $50 million contribution from the Clean Technology Fund will be used to improve reliability of the National Grid...

News
06 April 2017

Feasibility study funding for Cebu BRT operation PPP

The study will examine PPP component of the Bus Rapid Transit project includes the operation and the procurement of buses and associated facilities....

News
06 April 2017

Californian county RFP for multibillion fibre broadband network PPP

The RIVCOconnect Broadband Initiative aims to facilitate the private sector deployment of the $2-4 billion network in Riverside County.  Streamlined permitting and...

News
06 April 2017

EBRD offers €50m loan to 104MW Serbian wind project

The European Bank for Reconstruction and Development will contribute towards the €185 million financing of the project located near Kovacica. Special...

News
06 April 2017

Mercuria borrowing base set for May launch

Commodity trader Mercuria will launch a refinancing of its $850 million borrowing base facility in mid-May with few changes on the previous loan. The borrower closed a...

News
06 April 2017

CAPCO seals ECA-backed loan for Hong Kong power plant

Castle Peak Power Company (CAPCO) reached financed close last week on a 15-year $184 million Euler Hermes-backed facility to finance the supply of a Siemens power...

News
06 April 2017

FirstEnergy sells part of former Hatfield site for new power project

New Jersey-based APV Renaissance Partners (APV) is carrying out engineering studies at the former Hatfield's Ferry Power Station with a view to developing a 1GW...

News
06 April 2017

Corporate giants hit with $2.2bn Australia tax bill

Australia has hit seven multinationals with a $2.2bn tax bill as it pursues global firms shifting profits offshore to minimise liabilities. The unnamed companies include...

News
06 April 2017

Samsung SDS launches blockchain security platform

Samsung SDS has launched an enterprise blockchain security platform, Nexledger, as well as digital ID and payment services based on its blockchain security technology....

News
06 April 2017

Bushveld Sinohydro MoU for 60MW Imaloto coal-fired project.

PowerChina subsiduary Sinohydro is to carry out a bankable feasibility study for the Madagascan IPP. Bushveld Minerals subsiduary Lemur would provide coal to the...

News
06 April 2017

South32 streamlines payment process with SAP's in-house cash module

South32 has streamlined its payment process by using SAP's in-house cash module, which enables treasury to act as an in-house bank, processing internal and external...

News
06 April 2017

Amex and Xero report highlights late supplier payments

Australian companies with annual turnover of $1.5 million to $230 million say that a third of their supplier invoices cannot be reconciled at least every other month,...

News
06 April 2017

Free premium article: GE EFS unlocks alternative ECA support

GE Energy Financial Services (GE EFS) has been forced to make key strategy changes amid the Export-Import Bank of the United States' ongoing inability to approve...

News
06 April 2017

KEPCO and Mitsubishi JV Aioi Bioenergy for 375MW biomass conversion project

Kansai Electric Power Co (KEPCO) and Mitsubishi Power have established the joint venture to convert Unit 2 at KEPCO's Aioi Power Station in Hyogo Prefecture, Japan....

News
06 April 2017

WildHorse reveals borrowing base rise to $450m

Texas-based oil and gas group WildHorse Resource Development has seen the borrowing base under its $1 billion revolving credit facility rise to $450 million from $362.5...

News
06 April 2017

Catlin founder to retire as XL Group deputy chairman

Stephen Catlin, founder of Catlin Underwriting Agencies, and executive deputy chairman of XL Group, will retire on 31 December. He will keep his post until 15 May and...