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20 August 2024

Finnvera releases H1 financial results

Finnish ECA Finnvera has released its H1 financial report. From 1 January to 30 June, Finnvera’s net interest income increased by 43% and was €69 million...

20 August 2024
in
Other

ABN Amro implements trade finance compliance software

ABN Amro Bank has gone live with the Commercial Banking Applications AS (CBA) transaction due diligence software for trade finance transaction monitoring and...

20 August 2024
in
Renewables

Ronesans Energy secures $165m Euler Hermes financing

Ronesans Energy has secured a $165 million loan with support from Euler Hermes for three wind farm projects in Turkey. HSBC acted as green credit coordinator on the...

20 August 2024
in
Power

Eversource transmission project secures federal grant

Eversource Energy’s Huntsbrook Offshore Wind (OSW) Hub project proposal has recently been awarded $89 million in federal grant funding.Eversource’s project...

20 August 2024
in
Renewables

reNIKOLA plans 40 biomethane projects in Indonesia

Malaysian company reNIKOLA Holdings is planning to invest over $240 million to develop 40 compressed biomethane gas projects in Indonesia.The company’s PT reNIKOLA...

20 August 2024
in
Oil & gas

Karpowership plans $1bn investment in Mozambique LNG-to-power

Karpowership is planning a $1 billion investment into Mozambique's LNG-to-power infrastructure in service of the South African Power Pool (SAPP). This will include a...

20 August 2024
in
Oil & gas

ExxonMobil delays Rovuma LNG FID to 2026

ExxonMobil has issued another delay for a FID on its planned LNG project in Mozambique's Rovuma basin. Discussions over a 2025 FID were revealed as recently as May...

20 August 2024
in
Agri/Soft Commodities

Louis Dreyfus Company establishes pulses business unit

Louis Dreyfus Company has established a new business unit focused on global pulses merchandising. More than 100 variations of pulses are consumed globally, in...

20 August 2024
in
Oil & gas

Trafigura-backed Rhone Energies to acquire Fos-sur-Mer refinery

Rhone Energies has reached a deal to acquire the Fos-sur-Mer refinery and the Toulouse and Villette-de-Vienne terminals from Esso. The sales agreement still requires...

20 August 2024
in
Waste and water

EDC reportedly hit by losses linked to Thames Water

Export Development Canada (EDC) is reportedly facing steep losses as a result of its exposure to the beleaguered UK utilities firm Thames Water. EDC issued two loans...

20 August 2024
in
Renewables

Cadeler secures ECA support for loan facilities

Global offshore wind installation and maintenance company Cadeler has refinanced loan facilities totalling €420 million ($456 million) and extended its RCF-B...

20 August 2024
in
Waste and water

World Bank approves wastewater project in Sint Maarten

The Government of Sint Maarten, the National Recovery Program Bureau and the World Bank have signed a $10 million agreement aimed at improving water quality and quantity...

20 August 2024
in
Renewables

Keppel, ADB and EnterpriseSG to jointly explore energy transition projects

Keppel, Asian Development Bank (ADB) and Enterprise Singapore (EnterpriseSG) have signed a memorandum of understanding (MOU) to jointly explore $800 million of energy...

20 August 2024

Hammoucha replaces Fehr as StanChart trade head

Sofia Hammoucha is stepping up to the role of global head of trade and working capital at Standard Chartered in Singapore. Kai Fehr has held the role since January 2021,...

19 August 2024

Afreximbank releases financial statements for H1 2024

Afreximbank has released its consolidated financial statements for the six months ended 30 June 2024. The bank delivered solid year-on-year growth across key performance...

19 August 2024
in
Transport

Bristow Group taps UKEF-backed loan

US-listed helicopter firm Bristow Group - via its UK subsidiary Bristow Leasing - tapped a five-year €100 million ($100 million) UKEF-back loan to support its search...

19 August 2024
in
Chemicals/Petrochemicals, Oil & gas

EVM teams up with RCF for lithium chemicals project

EV Metals Group (EVM) has signed a partnership agreement with global private equity firm, Resource Capital Funds (RCF), to further advance sourcing investment for its...

19 August 2024
in
Metals and Mining

Kazakhstan considers export tariffs on commodities

Kazakhstan is considering introducing export tariffs on commodities as a means of covering budget deficits. The move would also stimulate investment in domestic...

19 August 2024
in
Transport

Azul closes $200 million credit facility

Azul Investments has closed a $200 million credit facility for its subsidiaries Azul Linhas Aereas Brasileiras and Azul SA (Brazil's largest airline by number of...

19 August 2024
in
Oil & gas

Sonatrach signs EPC deal with CPECC for gas boosting units

Sonatrach has signed an EPC contract with China Petroleum Engineering Corporation (CPECC) for new boosting units at the Alrar gas field, Algeria. The deal includes three...