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News
12 September 2017

UK wind auction success for £2bn Triton Knoll

The 860MW offshore wind project being developed off the coast of Lincolnshire in the east of England by innogy and Statkraft has secured the CfD from the UK...

News
12 September 2017

BAFT unveils guidance on trade-based money laundering

BAFT, the global financial services association for international transaction banking, has released a paper that proposes alternative approaches to combating trade-based...

News
12 September 2017

SACE backs Italian PV group FuturaSun in Ugandan export deal

Italian photovoltaic group FuturaSun got backing from export credit agency SACE to export panels to Uganda. The company was able to insure itself against the risk of...

News
12 September 2017

Plenary reaches close on A$135m Casey Hospital PPP

The Plenary Health Consortium - comprising Plenary, Watpac and BGIS - has reached financial close on the 10-year design, build and maintain concession for...

News
12 September 2017

Bank of China appoints new head of transport in London

Arnaud Fiscel has been appointed head of transportation at Bank of China, London. Transportation is a key sector for Bank of China which offers corporate,...

News
12 September 2017

Japan's largest solar and storage project set for Kushiro

Green Power Development Corporation of Japan is developing the 92MW solar and 25MW lithium-ion battery storage project in Kushiro-cho, Hokkaido with a syndicated loan...

News
12 September 2017

CIP inks Taiwanese wind MoU

Copenhagen Infrastructure Partners (CIP) and the Chnaghua County government are looking to develop offshore wind projects off the central Taiwan coast with CIP planning a...

News
12 September 2017

Virtual cards inject security into accounts payable

The true value of using virtual cards for B2B vendor payments lies in their security capabilities as the manual handling of payment data is stripped away, says the CEO of...

News
12 September 2017

MHP secures cheaper debt

Ukrainian agribusiness Myronivsky Hilboproduct Group (MHP) has secured a cheaper and longer tenored facility for 2017. The $100 million three-year pre-export loan...

News
12 September 2017

Reward Finance secures funding from Foresight

UK-based invoice and trade finance firm Reward Finance Group has raised more than $51 million in debt financing from Foresight Group, and says this will double its...

News
12 September 2017

How treasurers should prepare for BEPS

The OECD Base Erosion Profit Shifting (BEPS) project will have a major impact on multinational corporations' treasury activities, particularly on the structuring of...

News
12 September 2017

SMEs that trade globally at high risk of cyberattacks

SMEs that trade internationally are particularly exposed to cybercrime, according to research from Bank of the West. This is partly because most do not expect to be...

News
12 September 2017

Aztec Exchange woes signal warning over invoice risks

The impending liquidation of Ireland's Aztec Exchange is a reminder of the risks attached to relying even on buyer-approved invoices and sounds a warning that...

News
12 September 2017

Correspondent banking continues to shrink

The number of corresponding banking relationships globally continues to decline, potentially leading to longer payment chains with more intermediaries processing the same...

News
12 September 2017

Euler Hermes: AI to have greatest trade sector impact

Trade credit insurer Euler Hermes discussed the potential of artificial intelligence (AI) to revolutionise the trade sector at the recent TXF 2017 conference in New...

News
12 September 2017

SWIFT launches gpi certification programme for global payment applications

SWIFT has launched an approved certification programme for vendors which support its gpi in their payments application.

News
11 September 2017

Opportunity of the day: Albanesi to issue at least $320m of debt to finance the construction of new power generation projects

Argentinian power-generation company Albanesi group could issue local and international debt and use project finance to finance the conversion of thermal power plants...

News
11 September 2017
in
Transport

Nacala rail and port financing nears signing

Vale and Mitsui, which are raising $3 billion of 13-year debt to back the development of the Nacala rail and port in Mozambique, are weeks away from...

News
11 September 2017
in
Renewables

IFC providing CBC loan for Sri Lankan renewables lending scheme

The IFC has agreed to provide a seven-year $100 million facility to the Commercial Bank of Ceylon to develop a lending programme for renewable energy in Sri...

News
11 September 2017

Madhya Pradesh attempts to cancel 51MW ReNew Power project

The Indian state is appealing to the courts to cancel the agreement with the Goldman Sachs-backed solar project.  ReNew Power claims the project was completed ahead...