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News
13 June 2017

The Philippines identifies 14 sites for potential power developments

The Department of Energy has proposed the locations for the development of 1.5GW of new capacity and the corresponding transmission infrastructure to meet power demand...

News
13 June 2017

GIEK backs LignoTech Florida loan from SEB

LignoTech Florida has entered into a $60 million loan deal with Skandinaviska Enskilda Banken (SEB). The loan facility is guaranteed 70% by Norway's GIEK. The loan...

News
13 June 2017

Engie and eleQtra team up for $120m wind project in Ghana

French multinational utility Engie and London-based infrastructure investor eleQtra have signed a Joint Development Agreement for the 50MW Ada Wind project located east...

News
13 June 2017

Heerasing leaves XL Catlin to join ACR Capital as deputy CEO

ACR Capital Holdings has appointed Bobby Heerasing as deputy group chief executive and deputy chief executive of its fully owned subsidiary Asia Capital Re. Heerasing has...

News
13 June 2017

Hong Kong becomes new member of AIIB

Hong Kong has become a new member of the Asian Infrastructure Investment Bank (AIIB). The funding for the subscription of 7,651 shares of the AIIB's capital has been...

News
13 June 2017

EBRD invests in second solar park in Kazakhstan

The European Bank for Reconstruction and Development (EBRD) is financing the 50MW Burnoye Solar-2 project in Kazakhstan in partnership with the multilateral Clean...

News
13 June 2017

Korea to extend $1bn loan to Philippine infrastructure programme

South Korea will extend a soft loan of $1 billion to a massive infrastructure development plan in the Philippines over the next six years. The Export-Import Bank of Korea...

News
13 June 2017

Euler Hermes makes UK & Ireland senior appointments

Trade credit insurer Euler Hermes has strengthened its UK and Ireland management team with the appointment of Melissa Dowle as director of customer strategy and Mike de...

News
12 June 2017

Opportunity of the day: Highway and railway infrastructure projects - Kenya, Mozambique

China Wuyi Co Ltd's search for funding for its planned $28 million highway upgrade project in Kenya extends beyond backing for a one-off transaction. That's...

Perspective
12 June 2017

Commodities lending: Blind man's buffer?

Systemic risk - not yet. But as more of the commodities market becomes concentrated in the hand of a few large traders, are bank exposure limits a workable buffer to an...

News
12 June 2017

More details on Metalloinvest refinancing surface

More detail has emerged on the $1.05 billion pre-export finance (PXF) refinancing Russian steel producer Metalloinvest signed in May. The 2017 deal comprises an $800...

Perspective
12 June 2017

Shop talk: Siemens baiting alternative funding pool

Although a serial promoter of ECA-covered loans to support Siemens manufacturing, Siemens Financial Services (SFS) is not blinkered in its financing approach. SFS is...

News
12 June 2017

Uganda to cancel Rift Valley Railways concession

The Ugandan government has announced that it will terminate the Rift Valley Railways concession and take over operation of the 1,918km network after years of poor...

News
12 June 2017

Sanction uncertainties slow Iranian port project

The state-owned India Ports Global developing the Iranian port of Chabahar is having difficulty sourcing customised equipment despite sanctions having been lifted....

News
12 June 2017

Indiana Michigan Power to upgrade transmission lines

The American Electric Power (AEP) subsidiary has devised a $146 million Valley Area Improvements Program to upgrade the transmission infrastructure in southwestern...

News
12 June 2017

Rosseti confirms 45MW wind farm for Kaliningrad region

Russian power company Rosseti, through its subsidiary JSC Yantarenergo, will start construction of the 6.9MW first phase of the wind farm located in the Baltic enclave.

News
12 June 2017

Kountable helps Rwandan SMEs access trade finance

The launch in Rwanda of the Kountable ICT Marketplace platform will help SMEs access trade finance more easily, according to its CEO. Kountable evaluates cross-border...

News
12 June 2017

Toshiba confirms $3.63bn payout to Vogtle nuclear plant

Toshiba will hand over the management of the troubled construction in Georgia, the US, to the Southern Company and has agreed payments in installments between this coming...

News
12 June 2017

Punjabi approval for Quaid-e-Azam solar privatisation

The Pakistani provincial cabinet has directed a steering committee to auction off the operational 100MW solar park located in the Bahawalpur district.

News
12 June 2017

Suppliers deterred from developing sustainable supply chains

Seventy per cent of suppliers say their corporate customers have no mechanism in place to promote buyer-supplier collaboration, while half have held back from promoting...