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News
02 June 2017

Aramco JV to establish $5.2bn shipyard at Ras Al-Khair

Saudi Aramco, together with Lamprell Plc, the National Shipping Company of Saudi Arabia (Bahri), and Hyundai Heavy Industries, will set up the yard at the King Salman...

News
02 June 2017

Castleton Commodites adds Dutch power plant to portfolio

Castleton Commodities International (CCI) has bought 426MW Masstroom CCGT plant from InterGen. Located in the port of Rotterdam, the acquisition ups...

News
02 June 2017

Tanzania reconfirms push for Mbeya coal-to-power project

Kibo Mining has received written notification that, following policy and structural changes within the Ministry of Energy and Minerals, the mine and power project will...

News
02 June 2017

ITFC signs $210m deal to support Gambia’s imports, exports

The International Islamic Trade Finance Corporation (ITFC) has signed a framework agreement worth $210 million with The Gambia. It will finance the imports of energy...

News
02 June 2017

Mexico central bank ups growth view as GDP trumps expectations

Mexico's central bank has raised its 2017 growth forecast. The country's first-quarter gross domestic product was stronger than forecast and growth should come in...

News
02 June 2017

Cocobod launches $1.3bn PXF

Ghana Cocoa Board (Cocobod) has launched a $1.3 billion pre-export receivables-backed trade finance facility. The proceeds will be used to finance the purchase of the...

News
02 June 2017

China's banks struggle amid shifting position In global trade finance

Corporate banks in China are being hit as more companies look outside the country for supply chain financing, research by East & Partners shows. One-third of...

News
02 June 2017

Acuity signs First MicroFinance Bank, Afghanistan

The First MicroFinance Bank, Afghanistan has selected Accuity - a provider of financial crime compliance, payments and know-your-customs solutions - for regulatory...

News
02 June 2017

Sweden's SEB selects CGI for trade transaction action

Swedish financial services group SEB has selected Canada-based CGI's Trade360 solution for trade finance and emerging digital technologies, such as blockchain. SEB is...

News
02 June 2017

Trafigura supports $1.35bn order for newbuild crude oil and product tankers

Commodity giant Trafigura is supporting an order of up to 32 newbuild crude oil and product tankers to be built in both Korea and China. The order is being placed by a...

News
01 June 2017

Opportunity of the day:Fimer set to close 190MW Mexican inverter supply deal with Enel Green Power

Fimer Group is nearing the finalisation of an inverter supply deal for a 190MW plant in Mexico. The Milan-based inverter manufacturer, which is also negotiating another...

News
01 June 2017

Salalah LPG full financial close imminent

Oman Oil Company’s $650 million Salalah LPG financing is weeks away from reaching full financial close. Structured via special purpose company Salalah LPG SFZCO...

Perspective
01 June 2017
in
Renewables

Japanese wind: Getting offshore in a sea of permits

Japan has 600GW of theoretical offshore wind according to the Japan Wind Power Association. But with only a handful of nearshore projects under development, what is...

News
01 June 2017

Spain launches Red Lyra blockchain network

A consortium of Spanish companies including big names like BBVA and Iberdrola has created a multi-sector technology platform based on blockchain. The goal is that any...

News
01 June 2017

Green light for 100MW Gwanda solar project

The EIA certificate awarded to the Zimbabwe Power Company by the Environmental Management Authority gives permission for Chint Electric and local partner to carry out the...

News
01 June 2017

Solar Era seeks developer for Sierra Leone project

The unit of Africa Growth Energy Solutions is seeking an EPC contractor for the first 5MW phase of a 25MW PV-diesel hybrid project in Bo. The US Trade Development Agency...

News
01 June 2017

Nigeria's Oyo state inks MoUs for 1GW waste-to-energy projects

The state has signed a memorandum of understanding with Siemens International, MRF1 and West African Energy, and expects to export power to the national grid.

News
01 June 2017

Duro Felguera awarded $212m Jebel Ali contract

The Spanish company is to develop the 590MW third phase of K-Station at the Jebel Ali power and water desalination station in Dubai for the Dubai Electricity and Water...

News
01 June 2017

Antofagasta Minerals sells 40% stake in Javiera solar plant

The Chilean mining company has sold a stake in the 69.5MW plant to Atlas Renewable Energy, a unit of the UK fund Actis. The 20-year PPA to supply power to its copper mine...

News
01 June 2017

Quisk to integrate blockchain into platforms

Digital cash network provider Quisk will integrate blockchain into its platforms, storing transaction ledgers on a blockchain that is accessible to its banking...