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News
29 June 2017

Kepco confirm talks with Toshiba on Moorside nuclear project

The chief nuclear officer of Korea Electric Power Corporation (Kepco) has stated that the company is in early-stage discussions to buy into Toshiba's project company...

News
29 June 2017

Hermes Iran cover success depends on Iran banking ties

Euler Hermes has offered to cover Iranian projects but a lack of fully-fledged banking ties between Iran and Europe is preventing the complete benefits of the German...

News
29 June 2017

GEEFS expands Indian renewables portfolio with RattanIndia deal

GE Energy Financial Services (GEEFS) plans to commit $90 million for a share in a 500MW solar project portfolio being developed by the RattanIndia Group having joined...

News
29 June 2017

AIIB receives triple-A credit rating

The Asian Infrastructure Investment Bank (AIIB) has been assigned the highest possible rating of Aaa and a stable outlook by Moody's Investors Service. Moody's...

News
29 June 2017

Ukreximbank raises World Bank loan to boost exporters

Ukraine's state-owned Ukreximbank is raising $150 million from the World Bank to support the country's export-oriented small and medium-sized enterprises. The...

News
29 June 2017

Greece: EIB activates new €400m trade finance facility

The European Investment Bank (EIB) has activated a new €400 million trade and export finance guarantee facility for Greece. The EIB will guarantee letters of credit,...

News
29 June 2017

Report on Africa-China economic partnership challenges previous beliefs

There are already over 10,000 Chinese firms operating in Africa - four times the previous estimate, according to a McKinsey Africa study conducted across eight countries...

News
29 June 2017

NIB and Iceland's Landsbankinn start new SME facility

The Nordic Investment Bank (NIB) and Iceland's Landsbankinn have agreed a new seven-year loan programme worth €66.5 million to finance small and medium-sized...

News
29 June 2017

DS-Concept provides trade finance facility for toy manufacturer

DS-Concept has provided a $3 million non-recourse factoring facility to a high-growth licensed toy manufacturer in Texas. The company has customers in Europe, the US,...

News
29 June 2017

US Ex-Im: Anthony Scaramucci lands senior VP role

SkyBridge Capital founder Anthony Scaramucci has been made senior vice president and chief strategy officer at the Export-Import Bank of the United States (US Ex-Im)....

News
28 June 2017

Europe’s largest utilities trial blockchain for energy trading

The Swedish power company, Vattenfall, and 22 other energy trading firms confirmed last month they will launch a blockchain-based system for trading wholesale energy in...

News
28 June 2017

Mercury Systems repays term loan and increases RCF

US-based Mercury Systems has amended its existing revolving credit facility (RCF), increasing and extending the facility into a $400 million five-year revolver...

Perspective
28 June 2017

Asian commodities lending: No summer lull for 2017

An increase in Chinese business combined with improved commodity prices, greater availability of offshore debt and improved performances mean the traditional Asia...

News
28 June 2017

ANZ takes hit from nickel receipts scam

ANZ’s commodities trading arm suffered “substantial losses” after it discovered that receipts for metal held in Glencore’s Access World...

News
28 June 2017

East Anglia 3 wind project planning decision delayed

The UK Secretary of State's final planning decsion for the 1.2GW offshore wind farm being developed by ScottishPower Renewables off the Suffolk coast has been...

News
28 June 2017

Financial close for Northern Pathway on $1.8bn NSW prison project

The consortium made up of builders John Laing and John Holland, prison operator Serco and Macquarie Capital has closed on the New Grafton Correctional Centre project...

News
28 June 2017

LA budget approval for Metro Gold Line extension project

Los Angeles County Metropolitan Transportation Authority has approved the $1.4 billion budget for the 11.5-miles San Gabriel Valley extension, which will be the first...

News
28 June 2017

InstarAGF Essential Infrastructure Fund closes

The joint venture of the Instar Group and AGF Management has raised $740 million in aggregate equity commitments from Canada, Europe and the US for middle-market, North...

News
28 June 2017

Waymark Tech launches AI tool to identify regulatory conflicts

London-based regtech start-up Waymark Tech has launched a new artificial intelligence-powered tool that automatically identifies regulatory crossovers and conflicts...

News
28 June 2017

Hong Kong exporter sentiment hits four-year high

Sentiment among Hong Kong's exporters lifted to a four-year high in Q2, with the HKTDC Export Index climbing to 50.1, from a reading of 47.1 in the first quarter....