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02 October 2018
in
Renewables

BNDES agrees $153m loan for 313MW wind complex in Brazil

Brazilian development bank BNDES has approved $153.1 million (BRL 619.4 million) in debt for the 312.9MW Cutia wind project in the state of Rio Grande do Norte. The...

02 October 2018

QIB UK selects Volante Technologies PSD2 open banking solution

Qatar Islamic Bank UK has selected Volante Technologies' VolPay Channel: Open Banking and Tokento implement PSD2 compliance for the bank. VolPay Channel will...

02 October 2018
in
Metals and Mining

Base Resources to pay off $215m Kenya project debt early

Base Resources will repay the outstanding balance of a $215 million Kenyan project debt facility next week after it received an irrevocable notice of pre-payment. The...

02 October 2018

SACE backs $62.5m loan to zinc and copper group Nexa

SACE (CDP Group) has guaranteed a $62.5 million loan, granted by Banco Bilbao Vizcaya Argentaria SA - Milan branch, to Brazilian zinc and copper group Nexa...

02 October 2018

FMO reaches $500m milestone in issuing local currency bonds

Dutch development bank FMO has issued $250 million of local currency (LCY) bonds this year, bringing the total volume since the start of this funding in 2016 to $500...

02 October 2018

AfDB injects $266m into Rwanda's electricity expansion project

The African Development Bank (AfDB) has approved a loan of $266 million to support Rwanda's program to improve electricity supply reliability and expand access to...

02 October 2018
in
Infrastructure, Transport

ADB and India sign $150m loan to improve regional connectivity

The Asian Development Bank has agreed a $150 million loan to India to finance continued improvements to road connectivity and efficiency of the international trade...

02 October 2018
in
Oil & gas

Matador prices offering of $300m of additional senior notes

Dallas-headquartered oil and natural gas group Matador Resources has priced a private offering of $300 million of 5.875% senior unsecured notes due...

01 October 2018
in
Metals and Mining

The metal that started Trump’s trade war

US President Donald Trump's aluminum tariff is bad for America - and great for Swiss trader Glencore. In March 2018, Trump fired the first major shot of his...

01 October 2018

IFC, Demica partner to unlock $9.8bn in emerging markets

The International Finance Corporation and working-capital financial technology group Demica have announced a new partnership which they say will help unlock as much as...

01 October 2018
in
Telecoms and Communications

Audit critical of KentuckyWired internet PPP

Kentucky's state auditor has published a highly critical report into the KentuckyWired network PPP project to bring high-speed internet access to all 120...

01 October 2018
in
Transport

GMR wins Nagpur airport PPP concession

Maharashtra Airport Development Company and Airport Authority of India joint venture company MIHAN India Limited has awarded GMR Airports Limited a 30-year contract to...

01 October 2018
in
Renewables

Statkraft in talks to buy Element Power's 2.3GW development portfolio

Norwegian state-owned utility Statkraft is understood to have entered exclusive negotiations to acquire a 2.3GW portfolio of development projects from the Hudson Clean...

01 October 2018

WTO, IMF, World Bank: Greater trade integration can boost shared prosperity

A new report by economists from the World Trade Organization, the International Monetary Fund, and the World Bank concludes that global trade policy can help to unlock...

01 October 2018
in
Power

Tata's CGPL completes $770m refinancing

Tata Power subsidiary Coastal Gujarat Power Limited (CGPL) has completed a $770 million (Rs 5,500 crore) refinancing of outstanding ECB loans through a mix of...

01 October 2018
in
Infrastructure, Transport

HART to execute final phase of rail project as PPP

The Honolulu Authority for Rapid Transportation (HART) has approved plans to develop the final segment of its 20-mile rail line as a public-private...

01 October 2018
in
Renewables

Saudi Arabia powers down on $200bn Softbank solar project

A Wall Street Journal report claims that Saudi Arabia is no longer pursuing its $200 billion plan with SoftBank Group Corp to install 200GW of solar capacity by 2030....

01 October 2018
in
Oil & gas

Shell and partners approve $31bn project to speed gas to Asia

Royal Dutch Shell and its four partners have agreed to invest in a multibillion-dollar liquefied natural gas project in western Canada - the largest new one of its kind...

01 October 2018
in
Oil & gas

Neptune Energy completes VNG Norge acquisition

Independent oil and gas exploration and production company Neptune Energy Group has completed the acquisition of VNG Norge AS, adding three producing fields,...

01 October 2018

FreightRover launches $500m SCF facility

Indiana-headquartered FreightRover, a provider of supply chain management and payment solution technology for the transportation industry, has closed on a new financing...