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05 December 2018
in
Renewables

Consent updated for Neart na Gaoithe wind farm

The Scottish Government has given an updated consent to EDF Renewables' Neart na Gaoithe (NnG) offshore wind farm in the Firth of Forth off the east coast...

05 December 2018

SWIFT pilots integrated payment validation service

SWIFT will begin piloting an integrated pre-validation gpi payments service, focussing on enabling the speedy identification and elimination of errors and omissions in...

05 December 2018
in
Power

Japan to call off Turkish nuclear project as costs double

An alliance of Japanese and French businesses led by Mitsubishi Heavy Industries has failed to reach a compromise with the Turkish government on revised financing terms...

05 December 2018

Etihad Credit and Natixis team up

Etihad Credit Insurance (ECI) has signed a support agreement with Natixis. Cooperation between the two will include intellectual support for UAE businesses –...

05 December 2018
in
Metals and Mining

Sumitomo to acquire Interest in Quebrada Blanca Copper Mine

Sumitomo Metal Mining (SMM) and Sumitomo Corporation (SC) are paying $800 million for a 30% joint interest in Teck Resources' Quebrada Blanca Copper...

05 December 2018

Bids in for $1bn MUFG project loan portfolio

Bids have been submitted by prospective banks looking to buy a portfolio of 33 project finance loans, totalling more than $1 billion, from MUFG. The submission...

05 December 2018
in
Infrastructure, Transport

Triton International enters new $1bn term loan facility

Triton Container International has raised a five-year $1 billion term loan to refinance existing term loans, reduce borrowings on revolving credit...

05 December 2018
in
Metals and Mining

Resgen's Boikarbelo Coal project hit by another funding delay

Resource Generation (Resgen) has been hit by another funding delay for its Boikarabelo coal mine project in South Africa. Earlier this year the miner faced an...

05 December 2018

Risky Business: Brexit ups the rhetoric of trade weaponization in Europe

TXF and Coriolis Technologies’ country risk index digs deep into the strategic trends in militarisation of trade. In this section Rebecca Harding, CEO of Coriolis...

05 December 2018
in
Oil & gas

More details emerge for W&T Offshore’s $250m RBL

W&T Offshore has entered into a new four-year $250 million revolving credit that refinances a five-year $150 million facility that expired on 8...

05 December 2018
in
Power, Renewables

STOA and Africa50 take stakes in Nachtigal Hydro

STOA – a €600 million joint investment fund founded in 2017 by AFD and Caisse des Depots –  and pan-African fund Africa50 have bought stakes in the...

05 December 2018
in
Renewables

Moray East offshore wind financing to close today

The £2.1 billion ($2.68 bilion) 950MW Moray East offshore wind farm financing is to reach financial close today. Financed on a debt-to-equity ratio of around...

04 December 2018

MPs to examine environmental impact of UKEF

The Environmental Audit Committee has launched an inquiry into the sustainability efforts being made by UK Export Finance (UKEF), following claims that the body's...

04 December 2018
in
Power, Renewables

800MW Clarke Creek Wind Farm secures environmental approval

Lacour Energy has received environmental approval from the federal government for its 800MW Clarke Creek Wind Farm located between Rockhampton and Mackay,...

04 December 2018
in
Oil & gas

Gas-focused Qatar to exit OPEC in swipe at Saudi influence

Qatar said it will quit OPEC to focus on gas in a swipe at Saudi Arabia, the de facto leader of the oil exporting group which is trying to show unity in tackling an oil...

04 December 2018
in
Renewables

Eurowind Energy to merge with Eniig Renewables

Eurowind Energy A/S and Eniig Renewables A/S have announced their intention to merge and are waiting for formal acceptance from the Danish competition authorities. The...

04 December 2018
in
Power, Transport

Uttar Pradesh approves transmission lines from 2 thermal power project

The Uttar Pradesh Cabinet has approved the selection of Adani Transmission and Power Grid Corporation as transmission service providers for two...

04 December 2018
in
Renewables

EIB agrees $87m deal to help finance solar projects in Mexico

The European Investment Bank (EIB) has signed an $87 million deal (€75 million) to part-finance three photovoltaic solar power plants totaling 1,088 MWp, located in...

04 December 2018
in
Infrastructure, Waste and water

Fluence secures $50m facility for project pipeline

Fluence Corporation Limited has secured a $50 million non-recourse debt facility from a US-based sustainable infrastructure investment firm to finance BOOT...

04 December 2018
in
Metals and Mining

Avino: Further extension of concentrates prepayment deal with Samsung C&T

Avino Silver & Gold Mines has announced that the concentrates prepayment agreement with Samsung C&T UK has been further extended for repayment of US$6,666,670...