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07 December 2018

QBE European Operations strengthens trade credit team

Business insurance specialist QBE European Operations has hired three underwriters to its trade credit team. James Robertson is moving from QBE's trade credit team...

07 December 2018

EIB backs pan-European renewable investment through Irish NTR Fund

The European Investment Bank is to confirm its intention to back renewable energy investment across Europe in cooperation with Dublin-based NTR. The EIB's €84...

06 December 2018
in
Agri/Soft Commodities, Infrastructure, Manufacturing & equipment, Metals and Mining, Oil & gas, Power, Renewables, Telecoms and Communications, Transport, Waste and water

US offshore wind: On track to join the major markets

The 2019 expiration of the Investment Tax Credit is unlikely to put the dampers on a US offshore wind sector that looks set to take off.

06 December 2018

Deutsche Bank $3.5bn TRAFIN refinancing oversubscribed

Deutsche Bank has refinanced its flagship trade finance securitisation, the $3.5 billion TRAFIN 2015-1 synthetic collateralised loan obligation (CLO). The new version...

06 December 2018

Bank Audi launches online supply chain finance platform

Bank Audi has launched the Audi Supply Chain Finance (Audi SCF) online platform and onboarded MERSACO as the first company to acquire and service its clients with...

06 December 2018
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Metals and Mining

Great Panther Silver advances $5m term loan to Beadell Resources

Following its acquisition of Beadell Resources, Great Panther Silver is advancing a $5 million non-revolving term loan to Beadell. The proceeds of the loan are...

06 December 2018
in
Metals and Mining

Chinese miner Tianqi closes $4bn lithium deal in Chile

China’s Tianqi Lithium Corp. has completed its purchase of a 23.77% share in Chilean lithium miner Sociedad Quimica y Minera de Chile (SQM) from Canadian fertilizer...

06 December 2018
in
Agri/Soft Commodities

Traders say Egypt delays wheat payment guarantees, ministry dismisses criticism

Egypt has not issued letters of credit for 16 recently purchased wheat cargoes. The payment issues affect cargoes ordered by the world’s largest wheat buyer for...

06 December 2018
in
Metals and Mining

Nyrstar announces signing of $650m committed trade finance framework

 Nyrstar's new $650 million Trade Finance Framework Agreement with Trafigura has been documented. The $220 million interim prepayment agreement equally...

06 December 2018
in
Metals and Mining

CMSC mandates $200 million debt finance for Colluli potash project

Colluli Mining Share Company (CMSC) -- a 50/50 joint venture between Danakali and ENAMCO -- has awarded a mandate for $200 million of fully underwritten...

06 December 2018
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Oil & gas

JKX Oil & Gas announces increased RCF

JKX announces that Poltava Petroleum Company, its wholly owned subsidiary in Ukraine, has renewed its revolving credit facility (RCF) from Tascombank for another 12...

06 December 2018
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Agri/Soft Commodities

GrainCorp receives $2.4bn offer from Long-Term Asset Partners

Former Business Council of Australia president Tony Shepherd is behind a $2.4 billion bid for control of GrainCorp which comes just as the agriculture giant is...

06 December 2018

Brazilian Car Wash scandal draws in Glencore and Trafigura

Commodity traders Glencore, Vitol and Trafigura are under investigation on suspicion of paying more than $15 million (£11.7 million) of bribes to the Brazilian...

06 December 2018
in
Metals and Mining

Nyrstar’s financial woes prompt supply concerns

Belgian lead and zinc producer Nyrstar's recent financial problems have prompted supply concerns from buyers as the firm's annual contract negotiation...

06 December 2018
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Infrastructure, Transport

Port Canaveral approves financing plan for $153m cruise terminal

Port Canaveral commissioners have approved the financing plan for its Cruise Terminal 3 project for a $153 million cruise terminal and parking garage...

06 December 2018
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Renewables

ContourGlobal to sell 49% share of Spanish CSP project

ContourGlobal plc has agreed to sell a 49% interest in its 250MW concentrated solar power assets in southwest of Spain to a fund advised by Credit Suisse Energy...

06 December 2018
in
Renewables

MSEDCL issues 1GW grid-connected solar tender

The Maharashtra State Electricity Distribution Company Limited (MSEDCL) has issued a tender for 1,000 MW of grid-connected solar photovoltaic power projects. The...

06 December 2018
in
Renewables

Iowa Utilities Board approves MidAmerican's 591MW wind proposal

The Iowa Utilities Board has approved MidAmercan Energy Company's Wind XII project proposal for the construction of 591MW of new wind generating...

06 December 2018

Alibaba inks deal with Belgium to create trading hub

Alibaba inked a deal with the Belgian government on Wednesday to create a trading hub aimed at helping Belgian companies sell products around the world. Belgium is the...

06 December 2018

Rothauser hired to lead Starwood Hard Asset team

Private investment firm Starwood Capital Group has hired Armin Rothauser to lead the Starwood Transportation, Infrastructure & Energy lending business. Rothauser...