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18 October 2018
in
Renewables

Vattenfall achieves close on two Swedish wind farms

Vattenfall, Vestas and PKA have reached financial close on a SEK3.5 billion ($390 million) ECA-backed financing for the 353MW Blakliden and Fabodberget wind...

18 October 2018

Landmark OPIC loan will boost SME financing in Kazakhstan

The US-based Overseas Private Investment Corporation has provided $14.65 million in financing to Kazakhstan’s Tengri Bank JSC, to support the expansion of small and...

18 October 2018
in
Power, Transport

Sekura Energy to acquire stake in four Essel transmission assets

Edelweiss-backed Sekura Energy Ltd has acquired a stake in four power transmission assets from Essel Infraprojects for an undisclosed sum. The projects have an enterprise...

18 October 2018
in
Transport

IADB issues $90m loan to boost Honduras logistics and transport sector

The Inter-American Development Bank (IADB) has approved a $90 million loan for Honduras to implement a programme of reforms in the transport and freight logistics sector,...

18 October 2018

Insurance underwriter perspective: Is the world becoming a riskier place?

Does an uptick in arms trade imports and exports and a rise in rhetorical weaponised language around trade point to a riskier trade credit insurance environment in...

18 October 2018

iGTB, Bolero partner in bid to make trader faster, more secure

Intellect Global Transaction Banking (iGTB), the transaction banking division of Intellect Design Arena Ltd has entered into a collaboration agreement with...

18 October 2018
in
Power, Renewables

Planning approval granted for Wagga Wagga solar project

Wirsol Energy's Renew Estate has been granted planning approval for a 120MW solar plant with 40MWh storage near Wagga Wagga, New South Wales. The project is...

18 October 2018
in
Power

BB Energy refinances and upsizes RCF

Independent energy trader, BB Energy, has signed a new $245 million one-year revolving credit (RCF). The facility, signed on 16 October, will refinance the...

18 October 2018

Finastra: Sagive Greenspan is new general manager for payments

Finastra has appointed Sagive Greenspan as SVP, General Manager of Payments. He will lead the company's end-to-end payments business. Prior to joining Finastra,...

18 October 2018
in
Infrastructure, Transport

Financial close for Blankenburg Connection PPP

The BAAK consortium – comprising Macquarie Capital (70%), Ballast Nedam (15%) and DEME (15%) – has reached financial close on the €1 billion...

18 October 2018

Sberbank and Yandex form faster B2B payments tool

Sberbank, Russia's largest bank, is collaborating on a faster B2B payments solution with the financial services unit of Russian search engine Yandex. Sberbank and...

18 October 2018

Sberbank and Yandex form faster B2B payments tool

Sberbank, Russia's largest bank, is collaborating on a faster B2B payments solution with the financial services unit of Russian search engine Yandex. Sberbank and...

18 October 2018

SACE, Etihad Credit Insurance sign trade/insurance MoU

Italy's SACE and Etihad Credit Insurance (ECI), the UAE Federal export credit company, have signed a Memorandum of Understanding to enhance business opportunities...

18 October 2018
in
Renewables

50MW Kita solar PV project in Mali reaches financial close

The €78 million ($90 million) 50MW Kita solar PV project in Mali reached full financial close on 17 October. Sponsored by French renewable developer Akuo Energy, the...

18 October 2018
in
Power

Sri Lanka green energy project receives €30m AFD loan

Sri Lanka will get €30 million from Agence Française de Développement (AFD) for a project to cut transmission losses at state utility Ceylon...

18 October 2018
in
Metals and Mining

Alcoa announces $200m buyback, releases financial results

US-based Alcoa Corporation has announced a common stock repurchase program under which Alcoa may purchase up to $200 million of its outstanding common stock. In third...

18 October 2018

Incomlend adopts blockchain-based Invoice Check to combat fraud

Singapore-based global invoice discounting platform Incomlend has adopted Invoice Check - a blockchain application developed by Trade Finance Market - to determine if an...

18 October 2018

NIB and Oma Säästöpankki Oyj finance Finnish SMEs

The Nordic Investment Bank and Finnish Oma Säästöpankki Oyj have signed a seven-year loan programme of €35 million for onlending to small and...

17 October 2018

Berne Union credit and investment insurers continue to pay high claims

The Berne Union Members' 2018 H1 Business Data has been released, revealing stable business for credit and investment insurers, despite the uncertain environment for...

17 October 2018

The great crude oil game enters a new chapter

High crude oil prices look set to continue despite efforts to increase production. At the same time, argues Jonathan Bell, we are seeing a greater strategic use of crude....