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03 December 2018
in
Telecoms and Communications

Nokia gets €250m from NIB for 5G research

Nokia has raised a €250 million (4283 million) loan from Nordic Investment Bank (NIB). The loan has an average maturity of five years after disbursement and will be...

03 December 2018
in
Infrastructure, Waste and water

Auckland selects preferred bidder for Central Interceptor project

New Zealand utility Watercare has named Ghella-Abergeldie Harker Joint Venture as the preferred bidder for the 13km-long Central Interceptor wastewater tunnel...

03 December 2018

RBI ups post and pre-shipment export credit subsidy

Reserve Bank of India (RBI) has upped the interest subsidy on post and pre-shipment export credit to 5% from 3% in a bid to boost micro and SME sector exports. The...

03 December 2018
in
Power, Renewables

Marguerite joins Suez and Itochu on Vinca EfW PPP

EU-backed equity investment fund Marguerite has acquired a 20% stake in the Suez and Itochu project company Beo Cista Energija (BCE) developing Serbia's...

03 December 2018

EY asked to produce documentation on Noble Resources audit

The Singapore Police Force’s Commercial Affairs Department (CAD) and the Monetary Authority of Singapore (MAS) have requested that Ernst & Young (EY) produce...

03 December 2018

Etihad Credit announces export support plans

New UAE federal export credit agency Etihad Credit Insurance (ECI) – which started operating in October – has announced plans to support at least $40 billion...

03 December 2018
in
Infrastructure, Waste and water

China Everbright secures Jiangyin plant 2 wastewater concession

The Jiangyin High-tech Industrial Development Zone management committee and China Everbright Water Limited have signed the concession agreement for the RMB230...

03 December 2018
in
Telecoms and Communications

Altice to sell €1.8bn stake in SFR FTTH business

Altice France has entered into an exclusivity agreement with Allianz Capital Partners (ACP), clients of AXA Investment Managers - Real Assets and OMERS Infrastructure for...

03 December 2018

Afreximbank extending local agent network to meet SME lending gap

African Export-Import Bank (Afreximbank) is seeking to add 530 African commercial banks to its 170 agent banks across Africa, in a bid to extend financial services to...

03 December 2018
in
Power, Renewables

China Three Gorges and EDP buy into Talasa hydro project

Hydro Global Investment Limited – owned by China Three Gorges Corporation and Energias de Portugal (EDP) – has acquired an 80% interest in companies...

03 December 2018
in
Renewables

AfDB commits to Redstone CSP

African Development Bank (AfDB) has approved a senior loan of ZAR3 billion ($220 million) for the 100MW Redstone Concentrated Solar Power project in South Africa. The...

03 December 2018
in
Telecoms and Communications

UFG increases stake in Russian Towers

UFG Private Equity Fund III has completed the acquisition of a large minority stake in the telecoms towers company Russian Towers from co-investor Macquarie...

03 December 2018
in
Renewables

Kopere PV project gets AfDB backing

African Development Bank (AfDB) has approved an $18.17 million senior loan for the Voltalia-sponsored 40MWac (50MWp) Kopere Solar Power project in Kenya. The bank is...

03 December 2018

CDC invests in local Nigerian SME fund and to open new Lagos office

CDC has committed $25 million to Synergy Private Equity Fund II, a local fund backing small and medium-sized businesses in Nigeria. The fund has raised $232 million and...

03 December 2018

S&W breakfast briefing: Insurance and finance case law update

In the latest edition of law firm Sullivan & Worcester’s Trade Finance Breakfast Seminar, partners Marian Boyle and Sam Fowler-Holmes highlight the importance of...

30 November 2018
in
Oil & gas

Four bidding for Jizan refinery advisory mandate

Lenders are bidding for the advisory mandate on the acquisition financing for the $10 billion Jizan oil refinery PPP scheme in Saudi Arabia. Current owner Saudi Aramco is...

30 November 2018
in
Renewables

Offshore wind finance: A full-blown exchange of ideas

Offshore wind projects are getting bigger, costs are getting cheaper, the lending market is more diversified and even the seminal corporate PPA market is picking up. But...

30 November 2018
in
Transport

Turk Eximbank could finance T129 helicopter deal for Philippines

The Philippines Department of National Defense has edged closer to a decision to buy the Turkish Aerospace Industries' T129 ATAK multirole combat helicopter for...

30 November 2018
in
Telecoms and Communications

Zain to sell and lease back telecom towers in $647m deal

Telecom operator Zain Saudi Arabia has accepted an offer from mobile tower operator IHS Holding for the sale and leaseback of its tower infrastructure. Zain will sell...

30 November 2018
in
Power, Renewables

Equitix and Iona Capital acquire £72m Bridgewater WtE project

UK infrastructure investor Equitix, together with investment and fund manager Iona Capital, have acquired a £72 million energy-from-waste facility in Bridgwater,...