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15 March 2018
in
Renewables

Pattern closes financing for Stillwater Wind project

Pattern Energy Group 2 LP has achieved financial close with the completion of construction financing, letter of credit facility and term tax equity financing commitment...

15 March 2018

CAF approves $300m loan to boost Trinidad and Tobago fiscal sustainability

The Development Bank of Latin America (CAF) has agreed a $300 million loan to Trinidad and Tobago to support public policy reforms aimed at strengthening fiscal...

15 March 2018

AfDB Economic Outlook shows decline in regional economies

The African Development Bank has expanded its flagship publication, the African Economic Outlook, with five regional reports: North Africa, West Africa, Central Africa,...

15 March 2018

Fundbox eyes B2B payments with Fundbox Pay launch

US-headquartered alternative SME lending company Fundbox has launched Fundbox Pay, a solution the company says will move its credit offering closer to the B2B transaction...

15 March 2018

Japan insurers bet on project finance in hunt for higher returns

Project finance investment by Japan's top insurers - Nippon Life Insurance, Dai-ichi Life Insurance, Meiji Yasuda Life, and Sumitomo Life, jumped nearly fivefold in...

15 March 2018
in
Infrastructure, Transport

NIB finances new motorway connection in western Norway

Nordic Investment Bank and the Norwegian toll-road operator Bergen-Os Bompengeselskap have signed a €156.7 million, 21-year loan for the construction of a new...

15 March 2018

Jamaica Exim and DBJ expand offerings to SMEs

The Development Bank of Jamaica (DBJ) and the National Export-Import Bank of Jamaica (Jamaica Exim) are to expand the provision of new financial services to the micro,...

15 March 2018

Thailand Exim agrees $120m loan for Maldives tourism project

The Export-Import Bank of Thailand has provided a $120 million credit facility to Singha Estate Public Company to finance the company's CROSSROADS project to build a...

15 March 2018
in
Infrastructure, Transport

ADB agrees $140m loan for Pakistan road improvements

The Asian Development Bank (ADB) has agreed a $140 million loan for Khyber Pakhtunkhwa Provincial Roads Improvement Project in Pakistan. The project will seee 214km of...

14 March 2018

Opportunity of the day: ADNOC's $5bn offshore, onshore power transmission project will see EPC firm raising international funding

Abu Dhabi National Oil Company’s (ADNOC) $5 billionn long-term offshore and onshore power supply project will see international fund raising via the...

14 March 2018
in
Renewables

IFC, MIGA, IBRD support landmark solar energy plant in Gaza

The International Finance Corporation, Multilateral Investment Guarantee Agency, and International Bank for Reconstruction and Development are supporting a $12 million...

14 March 2018

Wyelands and Demica launch commodity inventory finance partnership

Wyelands Capital, a member of the GFG Alliance, has entered into a strategic partnership with working capital solutions fintech group Demica to provide inventory...

14 March 2018

Noble clinches key restructuring deal with Ad Hoc Group

Hong Kong-headquartered commodities trader Noble Group has sealed a restructuring agreement with a group of senior creditors holding 46% of its debt - and is in talks...

14 March 2018
in
Renewables

Dubai to sign mega solar PPA this month

Sponsors of the $3.9 billion 700MW concentrated solar power (CSP) project in Dubai – Acwa Power and Shanghai Electric – are this month expected to sign...

14 March 2018

Coface: Japan and China competing for trade and investment

China and Japan are becoming competitors for trade and investment in the Asia Pacific region, according to a new report by Coface. Japan holds its advance in terms of...

14 March 2018

Chexim, CDB lent more to global energy projects than the World Bank

The China Development Bank and Export-Import Bank of China (Chexim) spent more money on global energy projects than the emerging markets lending arm of the World Bank,...

14 March 2018

Why researchers want governments involved in blockchain’s attack on late payments

Blockchain technology could have the potential to address late and delayed supplier payments, according to a new report by the Korea Small Business Institute. Smart...

14 March 2018
in
Infrastructure, Transport

John Laing sells stake in IEP phase 1 to AXA

The John Laing Group has agreed to sell its 15% interest in the InterCity Express Programme (IEP) Phase 1 project to insurance and asset management...

14 March 2018
in
Renewables

Georgia Power signs up for 510MW solar offtake

Georgia Power has entered into power purchase agreements for capacity totalling 510MW from three solar projects in the state. Agreements have been made for the 160MW...

14 March 2018
in
Power, Renewables

Kazakhstan announces 1GW renewable energy auctions

The Ministry of Energy of the Republic of Kazakhstan has announced a schedule for auctioning 1GW of capacity in 2018. The auctions will be held in May/June and October...