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09 November 2018
in
Power

JBIC finances Gulf SRC gas-fired combined cycle power plant in Thailand

Gulf SRC Company - which is ultimately owned by Gulf Energy Development and Mitsui - has raised around $1.29 billion of 23-year dual-currency debt for its 2.5GW gas-fired...

09 November 2018

Kyriba unveils new Business Intelligence solution for CFOs and treasurers

US-based cloud treasury and financial management solutions provider Kyriba has announced the launch of Business Intelligence, a new, fully integrated solution within its...

09 November 2018

Albemarle gets key approvals for $1bn Australian project

New York-listed Albemarle, the world's biggest lithium producer, has been granted state environmental approvals to build a planned AUD$1 billion battery pre-cursor...

09 November 2018
in
Oil & gas

Vitol, Glencore, Trafigura named in Brazil's Car Wash corruption scandal

Three global oil trading companies with strong ties to the UK face being dragged into Brazil's "Car Wash" investigation, after a report raised questions...

09 November 2018

EBRD and Sparkasse Banka Makedonija boost SME financing

Sparkasse Banka Makedonija has become the second Macedonian bank to join an initiative led by the European Bank for Reconstruction and Development (EBRD) to boost lending...

09 November 2018
in
Power

The Trade and Development Bank and USAID sign African power MoU

The Eastern and Southern African Trade and Development Bank (TDB) and USAID's Power Africa initiative have signed a memorandum of understanding to finance power...

09 November 2018

OPIC and Liberty launch $1bn risk-sharing deal

The Overseas Private Investment Corporation (OPIC) and Liberty Mutual Insurance have announced the launch of a $1 billion risk-sharing agreement to facilitate private...

09 November 2018

EBRD, Bank Audi partner for first green finance project in Lebanon

The European Bank for Reconstruction and Development (EBRD) and Lebanon's Bank Audi are providing $100 million each for green projects. This includes the first loan...

08 November 2018
in
Oil & gas

OGC closes on short term debt to kickstart bridge-to-bond financing

Oman Gas Company (OGC) has signed a $1.1 billion short-term loan to fund gas network capex requirements under its new regulatory asset base (RAB) business model. Oman...

08 November 2018
in
Renewables

Solar wins all in France debut technology-neutral auction

Solar power has proven more competitive than wind in France’s first 200MW technology-neutral auction. Tariffs averaging €54.94 per MWh – a 5.6% decline...

08 November 2018
in
Agri/Soft Commodities

AfDB nears approval of $600m loan deal for Ghana's Cocobod

The African Development Bank is close to approving a $600 million loan package for Ghana's cocoa regulator, Cocobod, which will allow it to build warehouses to...

08 November 2018

Tariff wars will hurt the US, but trade is on the cusp of a tech breakthrough

Live polling at the BAFT International Trade Conference in Chicago provided a revealing snapshot of sentiment across a number of current market issues in trade and...

08 November 2018

Dai-ichi Life launches second infra fund

Dai-ichi Life has teamed up with Asset Management One Alternative Investments (AMOAI) to launch its second infrastructure debt fund, with an initial funding of JPY20...

08 November 2018
in
Renewables

Financial close for Enel's Midelt Wind Farm

Project company Midelt Wind Farm SA has reached financial close for its 180MW Midelt wind farm in Morocco.  Developers Enel Green Power (EGP) and...

08 November 2018

Validus Specialty hires Corina Monaghan to political risk and credit team

Validus Specialty Underwriting Services has hired Corina Monaghan to lead its US Political Risk and Credit Insurance team, based in New York.  The Senior...

08 November 2018

Trafigura hires Matthieu Milandri to structured trade finance team

Swiss commodities trader Trafigura has hired Matthieu Milandri from Mercuria to hold a senior position in its structured trade finance team, sources said. Milandri is due...

08 November 2018
in
Renewables

IFC arranges funding for Daehan wind project in Jordan

The IFC has arranged the funding for the 51MW Daehan wind farm being developed by Korean sponsors KOSPO and Daelim Energy. IFC is providing a $10 million and as lead...

08 November 2018

Australia to set up A$2bn infrastructure bank

Australia is to set up a A$2 billion infrastructure bank for projects in the region and spend a further A$1 billion promoting exports and supporting Australian...

08 November 2018
in
Power

NuGen to walk away from £10bn Moorside project

The Toshiba board of directors has decided to close its UK nuclear development company NuGeneration Ltd (NuGen) and withdraw from nuclear power plant construction in...

08 November 2018

Canada Infrastructure Bank names Head of Project Development

Canada Infrastructure Bank has appointed François Lecavalier as Head of Project Development, effective December 3, 2018. He will be responsible for...