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News
04 April 2017

China: Corporate payments improve but ultra-long overdues are up

Corporate payments improved in China in 2016 but ultra-long overdues are up under financial stress, trade credit insurer Coface found. Coface claims 80% of ultra-long...

News
04 April 2017

$10bn railway across South America discussed

A $10 billion project to build a coast-to-coast railway through Brazil, Bolivia and Peru which would speed up the export of corn and soybeans to Asia is being discussed....

News
04 April 2017

EBRD strikes infrastructure pact with NBD

The European Bank for Reconstruction and Development (EBRD) and New Development Bank (NBD) have signed an agreement to work together on sustainable development and...

News
03 April 2017

Opportunity of the day: Solar power plants with total capacity of 750MW

India's National Thermal Power Corporation (NTPC) has floated a fresh tender to appoint an EPC contractor for a 750MW solar power project to be developed at the...

Transmission
03 April 2017

S&W Breakfast Briefing: Risk sharing techniques

In the latest edition of law firm Sullivan & Worcester's Trade Finance Breakfast Seminars, senior associate Hannah Fearn discusses the similarities, differences and...

News
03 April 2017

Lives and Livelihoods Fund approves $242 million MENA funds

Projects in 8 MENA countries are the beneficiaries of the initial funding.  The LLF pools grants with Islamic Development Bank finance to increase its impact....

News
03 April 2017

Funding allocated to strategic road developments in Tanzania

A $425 million World Bank loan will fund transport improvements in the capital Dar es Salaam while Chinese constructor CCECC is committed to the $84 million Ubungo...

News
03 April 2017

Federal funding for C$8·5bn GO Transit Regional Express Rail project

Canadian Prime Minister Justin Trudeau announced a C$1.8 billion injection into the Toronto-based project from the New Building Canada Fund. The project that will...

News
03 April 2017

Engie to co-develop $1.25bn of Indonesian solar

Engie has signed partnership agreements for $1.25 billion of solar projects with three local partners in Indonesia. The solar parks will have a combined total...

News
03 April 2017

Lekoil and GE sign MoU for Nigerian oilfield development

The initial development cost is expected to be $400 million with a further $600 million towards subsequent upstream gas field development. GE Oil & Gas will...

News
03 April 2017

John Holland chosen for A$5.5 billion West Gate Tunnel project

John Holland and joint venture partner CPB Contractors have been chosen for the extensive road improvement project for Melbourne.  Work includes two tunnels, a...

News
03 April 2017

CEFC commits A$80 million to 113MW Bodangora wind farm project

Clean Energy Finance Corporation financing supports the A$236 million development near Wellington, NSW. EnergyAustralia will purchase 60% of the output with the...

News
03 April 2017

Ivar Rekve to head GIEK energy and industry

GIEK, Norway's export credit agency, has appointed Ivar Rekve as the new head of its energy and industry department. He was previously head of GIEK's Research...

News
03 April 2017

China Three Gorges reaches close on $1.7bn Karot hydro project

The 720MW 30-year concession is the first foreign investment by the Silk Road Fund as part of the One Belt One Road initiative. The China Development Bank, Export-Import...

News
03 April 2017

Enel signs $30m IIC loan for Cerro Pabellon geothermal project

The Inter-American Investment Corporation (IIC) loan facility will finance drilling costs for the Enel Green Power Chile project. The Atacama Desert scheme consists of...

News
03 April 2017

Vitol sees net income rise to $2bn

Swiss-based energy trader Vitol saw profit rise 25% last year. The group had a net income of $2 billion in 2016, up from just over $1.6 billion in 2015.

News
03 April 2017

Quad Gas closes on National Grid gas distribution stake

Infrastructure investors Quad Gas Group reached financial close on the acquisition of a 61% stake in National Grid's four English gas distribution networks. The...

News
03 April 2017

Afreximbank: Factoring services can bridge SME financing gap

The gap in financing of African small and medium-sized enterprises (SMEs) can be bridged by factoring services, according to Kanayo Awani, managing director of the...

News
03 April 2017

Norton Rose Fulbright makes Asia Pacific leadership hires

Norton Rose Fulbright has made a number of Asia Pacific leadership team hires, including project finance and banking partner Nick Merritt becoming head of Asia business...

News
03 April 2017

Finacity facilitates trade receivable funding for olive oil group

Finacity has facilitated an €18 million non-recourse trade receivable funding programme for Deoleo, a Spain-based global producer of olive oil. It provides financing...