Russia's Alfa-Bank has bought the source code of its core banking system, Misys Equation, which it implemented in the late 1990s. This marks the first deal of its...

Massachusetts Department of Energy Resources is seeking to procure 400MW of capacity with the associated transmission. Additional bids for projects ranging from 200MW to...

Interbank messaging platform Swift has completed a blockchain proof-of-concept built with a data oracle from New York-based startup SmartContract. It will use...

China has asserted itself as a global climate leader - but Chinese companies are planning to build half of all new coal plants at home and overseas. The fleet of new...

Ethiopia's Oromia International Bank will implement ICSFS's Islamic finance solution at its headquarters and across its 200-plus branches. ICS BANKS ISLAMIC will...

Chinese state-owned Norinco International and Bangladesh state-owned Rural Power Company Limited have joined on a $2 billion super critical power project to be located...

The International Finance Corporation (IFC) and Sumitomo Mitsui Banking Corporation (SMBC) have announced a combined investment of $1 billion in IFC's Global Trade...

Asset manager EFA Group has launched a new investment fund that will offer 30- to 180-day receivables and supply chain loans to SMEs, mostly in Asia. EFA - which has...

Tilt Renewables has reached a final investment decision on the A$105 million ($80 million) 54MW Salt Creek Wind Farm project in Australia. The project will comprise 15...

Atlanta-based Southern Power and the Finnish corporation Wartsila have signed a memorandum of understanding to develop two flexible gas-fired projects with each up to...

The state-run utility has cancelled the auction for a project to transport natural gas to Baja California Sur state. A $1 billion underwater electricity transmission line...

The African Export-Import Bank (Afreximbank) is providing financing facilities worth $1.11 billion to support African entities engaged in intra-African trade, including...

The International Finance Corporation (IFC) has signed an agreement with Eastspring Investments, the Asian asset management business of Prudential, to raise $500 million...

Taekwang Power Holdings has been given permission to proceed with a 1.2GW coal-fired power plant in the north-eastern Nam Dinh Province. South Korean companies Doosan and...

The Russia-China Investment Fund (RCIF), which was established by the Russian Direct Investment Fund and China Investment Corporation, has announced an investment in...

Brazilian oil giant Petrobras has agreed a transaction with the Canadian bank Scotiabank, through the pre-payment of $500 million debt. The company also agreed new...

The EBRD is providing a €120 million loan to the Saiss Water Conservation Project in Morocco. The project will help protect the country's agricultural sector...

Australia's Heron Resources has secured the full funding package required for the construction and ramp-up of its 100% owned Woodlawn Zinc-Copper Project in New South...

Vamtec Vitoria SA is in the process of selecting a Chinese EPC firm which will take on most of the financing required to build a $460 million biodiesel project in...

Limetree Bay Terminals – the former storage part of the defunct Hovensa refinery in the US Virgin Islands, bought at a bankruptcy auction by ArcLight Capital...