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News
06 September 2017

Greenwood Energy closes $52m portfolio financing

The 26MW portfolio of six US solar projects are all at advanced stages of construction and with long term power purchase agreements. Tax equity financing was provided by...

News
06 September 2017

Taiwan's largest solar project awarded to Equis

The Taiwanese Bureau of Energy has awarded Singapore-based renewable energy firm Equis Energy the contract to develop a 70MW project in Chiayi County's Yizhu...

News
06 September 2017

Sound Energy receives funding offer for Tendrara gas pipeline

UK-based upstream gas company Sound Energy has received the $60-100 million investment offer for the Tendrara gas export pipeline (TGEP) project from the Moroccan finance...

News
06 September 2017

Congress urges Trump not to scrap South Korea trade pact

US congressional leaders overseeing trade from both sides of the political divide have urged the White House not to scrap a five-year-old free trade pact with South Korea...

News
06 September 2017

Ripple opens Mumbai office, names country head for India

Blockchain-powered payments company Ripple has opened a new office in Mumbai and named Navin Gupta as country manager for India. Gupta has 20 years of experience in...

News
06 September 2017

Xi Jinping warns BRICS summit of protectionist risks

A recovery in the global economy due to increased global trade and investment could be threatened by protectionism, Chinese leader Xi Jinping warned in a speech at this...

News
06 September 2017

China likely to retaliate if US imposes sanctions on energy exporters, trade banks

Beijing could retaliate to any US sanctions against its biggest trade finance banks and energy exporters by targeting giants like Apple or Boeing and the US auto...

News
06 September 2017

Commercial Bank of Dubai upgrades core banking platform

Commercial Bank of Dubai has upgraded its Ethix core banking system, provided by International Turnkey Systems. The United Arab Emirates-focused bank is also a flagship...

News
06 September 2017

Deutsche Bank hires for digital push in transaction banking

Deutsche Bank has hired Silicon Valley veteran Thomas Nielsen as chief digital officer for its €4 billion a year transaction banking division. His appointment comes...

News
06 September 2017
in
Transport

Malaysia to fund East Coast Rail with Chexim loan and Islamic bond

The government of Malaysia plans to complement Chexim funding for the M$55 billion ($12.8 billion) East Coast Rail Link project with a sukuk to cover up to...

News
06 September 2017

Bunge signs pact to boost vegoil production in Mykolaiv

Global agribusiness Bunge, the Ukrainian Sea Ports Authority, and the state-owned Mykolaiv commercial sea port have signed a memorandum of cooperation regarding the...

News
06 September 2017

Noble Group Chairman determined to avoid Lehman's fate

Noble Group chairman Paul Brough, who oversaw the liquidation of Lehman Brothers' assets in Asia, said Noble is likely to find a buyer for its oil business by the end...

News
06 September 2017

Standard Bank of South Africa signs $1bn syndicated term loan facility

The Standard Bank of South Africa signed a $1 billion syndicated term loan facility. It was co-ordinated by Emirates NBD Capital Limited, Industrial and Commercial Bank...

News
06 September 2017

KDB, Kexim return to black in first half of 2017

Korea Development Bank (KDB) and the Export-Import Bank of Korea (Kexim) bounced back into the black in the first-half of this year with their loan-loss provisions...

News
05 September 2017

Genieser moves to Antin Infrastructure

Kevin Genieser has joined Antin Infrastructure as a senior partner, effective 4 September. Genieser joins from Morgan Stanley where he was group head of Power &...

News
05 September 2017

Equis signs PPAs for 42MW of solar projects

Singaporean developer Equis Energy has signed power purchase agreements with state-owned utility PT PLN for 42MW of solar projects - a 21MW project in North Sulawesi...

News
05 September 2017

4B Solar receives initial permits for 180MW solar project in Bulgaria

The town of Devnya, in the north-east of Bulgaria, has awarded preliminary permits to a recently established local company for a €100 million, three-phase...

News
05 September 2017

VEB, China Merchants Capital mull fund investing in exporters

Russia's Vnesheconombank (VEB) and China Merchants Capital signed a memorandum of understanding with a view to financing joint projects. They are also considering a...

News
05 September 2017

Mitsubishi onboard for $291m Ariake WtE refurb

The Clean Authority of Tokyo has signed Mitsubishi Heavy Industries Environmental & Chemical Engineering (MHIEC) to refurbish core components at Ariake municipal...

News
05 September 2017

Zurich: Big companies pay SMEs late

Larger companies are usually to blame for paying SMEs late, according to new research by insurance company Zurich, which found 53% of late payments owed to UK small...