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News
07 July 2017

Everton FC agrees £60m facility with ICBC London

Industrial and Commercial Bank of China London Branch has signed an agreement with Everton FC which will provide the Premier League football club with a £60 million...

News
07 July 2017

Dong picks Siemens Gamesa for 752MW Borssele offshore project

The Borssele 1 and 2 projects in the Dutch part of the North Sea will be supplied with 98 turbines, each with a 8MW capacity.

News
07 July 2017

Pengerang Terminals Two bank bids in

Pengerang Terminals Two – a joint venture between Petronas subsidiary PRPCUF (40%), Dialog Group (25%), Vopak (25%) and Johor state (10%) – is expected to...

News
07 July 2017

Invenergy reaches financial close on Santa Rita Wind

Invenergy Renewables has closed construction financing for its 300MW Santa Rita Wind Energy Center. Morgan Stanley acted as sole lead arranger, administrative agent, and...

News
07 July 2017

SaskPower issues RFP for 200MW Canadian wind project

The principal electric utility in Saskatchewan, Canada, has issued the request for proposals for a wind project which sees eight of the 23 interested independent power...

News
07 July 2017

Dalmia Bharat told to pay damages over Glencore coal import deal

A court in India has rejected an appeal by cement producer Dalmia Bharat in a coal import deal with Glencore that went wrong. The group has been told to pay $4.3 million...

News
07 July 2017

New road tunnel approved for Munich centre

The 400-metre, four-lane route is planned to pass under the public park Englischer Garten. The €125 million project will receive €35 million Bavarian State and...

News
07 July 2017

BECE raising working capital facility

Solar PV developer Beijing Enterprises Clean Energy (BECE) is out to the debt market for a HK$1.2 billion ($154 million) refinancing and working capital facility. BECE...

News
07 July 2017

Three candidates being considered for US Ex-Im board

Two Democrats and a Republican are being considered to fill the board of directors at the beleaguered Export-Import Bank of the United States, which currently lacks the...

News
07 July 2017

Foresight acquires unsubsidised Portuguese solar farm

The UK-based Foresight Group has purchased the 7.2MW Vale Matancas solar project in Alcacer do Sal from developer Exus Management Partners. It intends to accumulate a...

News
07 July 2017

Corporate procurement still not transparent enough

Companies are starting to pay more attention to the strategic importance of procurement and its impact on the bottom line, but 70% are still not capturing full...

News
07 July 2017

US Ex-Im releases 2016 competitiveness report

Key findings of the Export-Import bank of the United States (US Ex-Im) report include growing MLT support from BRICS countries, and China remaining the world's...

News
07 July 2017

Japan's JGC on board for Veresen's $5bn Oregon LNG export project

The Japanese engineering company will join Kiewit and Black & Veatch on the construction of the first LNG export base on the American West Coast. JGC's portion of...

News
07 July 2017

Arab states plan regional payment and settlement system

Arab states plan to create The Arab Regional Payments System, a cross-border payments and settlement system that will act as a correspondent for participant banks and...

News
07 July 2017

Japan gifts $6bn to African power projects

The African Development Bank (AfDB) has struck an agreement with the Japanese government to help fund the construction of power plants and other energy-related projects...

News
07 July 2017

Spain addresses refinancing of problem toll roads

Eight major projects declared bankrupt have been included in a Spanish Ministry of Works refinancing programme. Compensation claims are thought to total €3 billion...

News
07 July 2017

South Australia chooses Tesla for mega power-storage project

The project will be sited alongside the existing Hornsdale Wind Farm developed by Neoen, near Jamestown, north of Adelaide. The 129MWh storage would be three times more...

News
07 July 2017

Argentine power plants project financing - first in 20 years

Credit Suisse and Export Development Canada have jointly led a $220 million financing of the 267MW Tucuman and 107MW Loma Campana II thermal power projects being...

News
06 July 2017

Opportunity of the day: OIEC in talks with Euler Hermes over financing for $1.5bn Iranian petrochemicals project

Euler Hermes Group is in talks with the Iranian firm Oil Industries Engineering and Construction (OIEC) regarding the provision of guarantees to banks for an upcoming...

Perspective
06 July 2017

Prepayments: Right direction but sufficient risk perception?

The second restructuring of Glencore’s pre-pay deal with SHT, combined with more deal volume and the increasingly risky markets traders are financing, is flagging up the...