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22 October 2018
in
Infrastructure, Transport

Sadbhav submits draft financials to NHAI for Gujarat hybrid road project

Sadbhav Bhimasar Bhuj Highway (SBBHPL) has submitted draft financing documents to National Highways Authority of India (NHAI) to meet financial close timelines stipulated...

22 October 2018
in
Renewables

Kazakhstan announces awards in its first solar auction

Kazakhstan Electricity and Power Market Operator (JSC KOREM) have awarded 170MW of capacity in the country's first solar auction. A total of 20 companies submitted 28...

22 October 2018

Glencore CEO Glasenberg to retire in '3 to 5 years'

Ivan Glasenberg, who built Glencore Plc into a dominant force in commodities trading and became the face of the industry, told investors he plans to retire in three to...

22 October 2018
in
Renewables

Iberdrola to sell 50MW CSP unit to Ence

Iberdrola has agreed to sell its project company Iberdrola EnergA­a Solar de Puertollano, owner of a 50MW Spanish concentrated solar plant,...

22 October 2018

JLEN doubles fund raise to £105m

John Laing Environmental Assets Group has increased its previously announced share issue from £50 million to £105 million due to the high demand. Proceeds...

22 October 2018

SWIFT launches Payment Controls in fight against fraudulent payments

SWIFT has launched Payment Controls, a new solution for fraud prevention and detection. The group claims will help customers to monitor and protect their core payments by...

22 October 2018
in
Power, Renewables

Besix JV awarded RDF facility concession

Emirates RDF Company joint venture - comprising of Besix, Tech Group Eco Single Owner and Finland-based Griffin Refineries - has been awarded a refuse-derived fuel PPP...

22 October 2018

Sibos 2018: Robots to the rescue for payments fraud

Safety has retreated as a concern for payment providers thanks to the emergence of robotic and artificial intelligence tools in the payments space, the day one...

22 October 2018
in
Oil & gas

Bedwood joins Societe Generale as MD of London RBL team

Stephen Bedwood has joined Societe Generale as a managing director in the London reserve-based finance (RBF) team. He joined in August after almost 13 years at HSBC where...

22 October 2018

CGI and National Bank of Canada announce blockchain pilot

CGI has announced a successful collaboration with National Bank of Canada and Skuchain on a pilot program in a bid to streamline the process for negotiating standby...

22 October 2018
in
Power, Renewables

NV Energy issues RfP for 350MW renewable capacity procurement

NV Energy has issued a request for proposals seeking to add up to 350MW of capacity from solar, geothermal, wind, biomass and biogas technology projects and will consider...

22 October 2018

Baihas Baghdadi joins Network Steel Resources

Baihas Baghdadi has joined Network Steel Resources as chief executive officer, International Division, based in Madrid. Baghdadi had spent the past 10 years in Barclays...

22 October 2018
in
Metals and Mining

Lundin unveils early redemption notes and changes to RCF

Canadian base metals mining company Lundin Mining has issued a notice to redeem all of its 7.875% Senior Secured Notes due 2022 on November 21, 2018. There is $439.2...

22 October 2018
in
Renewables

Potentia signs PPA with SaskPower for 200MW wind project

Potentia Renewables Inc. has been selected, following a competitive tender process, to provide SaskPower with 200MW of wind capacity and has now signed a 25-year PPA for...

22 October 2018
in
Oil & gas, Power

Jawa 1 reaches initial close on ECA/DFI-backed facility

PT Jawa Satu Power (JSP) and PT Jawa Satu Regas (JSR) – joint project companies owned by Indonesian state-owned Pertamina (40%), Marubeni...

22 October 2018
in
Infrastructure, Transport

EOIs in for Crete's Northern Motorway Axis

Expressions of interest have been received for the two road concessions that make up the Northern Motorway Axis (aka VOAK) on the Greek island of Crete. The project...

22 October 2018
in
Renewables

EIB agrees €60m loan for landmark 25MW wind farm in Portugal

The European Investment Bank has agreed a €60 million loan to Portugal-based Windplus S.A. The company plans to build and operate a first-of-its-kind offshore...

22 October 2018

AfDB unveils senior management appointments

The African Development Bank (AfDB) has made a number of senior management appointments: Frank Mvula was appointed as Director, Fiduciary and Financial Management;...

22 October 2018
in
Agri/Soft Commodities

ECOM Agroindustrial signs debut sustainability-linked RCF

ECOM Agroindustrial has signed a $650 million multi-currency sustainability-linked revolving credit facility (RCF). The swiss global commodity trading and processing...

22 October 2018
in
Renewables

Alfanar reaches financial closure for 300MW wind project in India

Alfanar, a Saudi-based developer for clean energy in Asia, Africa and Europe, has reached financial closure for its 300MW Wind Project in Bhuj, Gujarat, India. The...