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12 October 2018
in
Infrastructure, Power, Renewables, Waste and water

Senate passes America's Water Infrastructure Act

The US Senate has passed the sprawling America's Water Infrastructure Act of 2018 that authorises federal funds to modernise drinking water infrastructure and invest...

12 October 2018

Coface and Tradeshift unveil financial transparency partnership

Supply chain payments group Tradeshift and credit insurer Coface have announced a new app solution on the Tradeshift platform to help businesses by boosting financial...

12 October 2018
in
Power, Renewables

France awards overseas solar storage

France’s Energy Regulatory Commission (CRE) has awarded 11 large-scale solar storage project concessions following a tender for the deployment of storage capacity...

12 October 2018
in
Transport

Plovdiv Airport consortium withdraws bid for concession

China's HNA Group and Dutch firm Plovdiv Airport Invest have retracted their bid for the 35-year concession to operate Plovdiv Airport in Bulgaria. The consortium...

12 October 2018
in
Power, Renewables, Transport

INPP to raise £75m to fund investment in Dudgeon OFTO project

International Public Partnerships Limited (INPP) is seeking to raise approximately £75 million to repay anticipated drawn facilities comprising of...

12 October 2018
in
Renewables

Amp completes C$200m financing

Renewables developer Amp Solar Group has closed a C$200 million ($153 million) financing led by Colorado-based ZOMA Capital, with proceeds to be...

12 October 2018
in
Oil & gas

Azerbaijan hopes raise $1.5bn for Southern Gas Corridor

Azerbaijan hopes to raise $1.5 billion by the end of 2018 for the Southern Gas Corridor project, the Deputy Vice-President of SOCAR (State Oil Company of Azerbaijan) on...

12 October 2018
in
Metals and Mining

Glencore emerging a big winner from coal consolidation

The inconvenient truth of coal prices which refuse to fall as demanded by environmental activists and some investors and governments is proving to be a rather convenient...

12 October 2018
in
Renewables

Abu Dhabi's Masdar signs region’s first green revolving credit

Masdar (Abu Dhabi Future Energy Company) has signed a green revolving credit facility with four local and international banks to provide funding for new and ongoing...

12 October 2018

Noble divests Indonesian subsidiary for nominal payment of US$1

Troubled commodities trader Noble Group sold its beneficial interests in an Indonesian subsidiary for a nominal US$1 in cash, with the buyer Wadash Enterprises also...

12 October 2018

IADB, AFD pledge to enhance co-financing for Latin America and the Caribbean

The Inter-American Development Bank (IADB) and Agence Française de Développement (AFD) have signed a partnership framework agreement to enhance co-financing...

12 October 2018

Shop talk: Trade credit insurance where it's due, eventually

Potential changes to PRA regulations, IFRS accounting standards and sovereign risk exposures, mean the trade credit insurance landscape will have to evolve. Gary Lowe,...

12 October 2018

ICC unveils program to support multilateral trade reform

The International Chamber of Commerce (ICC), supported by the World Trade Organization (WTO), the Organisation for Economic Co-operation and Development (OECD) and...

12 October 2018
in
Metals and Mining

Erris hires investment banker Anton du Plessis as CEO

Europe-focused explorer Erris Resources has appointed investment banker Anton du Plessis as CEO, succeeding Merlin Marr-Johnson, who resigned as director and elected to...

12 October 2018

Standard Chartered goes live in Germany with SWIFT gpi

Standard Chartered went live with the SWIFT Global Payments Innovation (gpi) service to extend its offering to customers making cross-border payments in euro or other...

12 October 2018

AfDB provides financing to the Lobito Corridor Trade Facilitation project

The African Development Bank (AfDB) has provided a grant of U$8.1 million to finance the Lobito Corridor Trade Facilitation Project to map out a strategy for its...

12 October 2018
in
Oil & gas

Petrobras announces new RCF and prepaid debt

Petrobras has signed, on 4 October, a R$2 billion revolving credit facility with Banco do Brasil, with maturity in October 2025. Simulatiously, the oil giant has...

11 October 2018
in
Oil & gas

Banks lined up for North Sea Midstream acquisition facility

The acquisition facility backing Wren House’s £1.3 billion ($1.72 billion) takeover of North Sea Midstream Partners (NSMP) from ArcLight Capital has pulled...

11 October 2018

Citi appoints new export agency finance head

Citi has appointed a new export agency finance origination head as part of the overall treasury and trade solutions (TTS) department. The move follows the departure...

11 October 2018

Sakaka set to close next Monday

The $300 million 300MW Sakaka solar PV project in Saudi Arabia is expected to reach full financial close on 15 October. The deal, which was expected to close on 28...