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05 October 2018
in
Infrastructure, Transport

ADB provides $180m to improve Nepal's main East–West Highway

The Asian Development Bank (ADB) has approved a loan of $180 million to support improvements to Nepal's East-West Highway, the country's main domestic and...

05 October 2018

Vnesheconombank: Daniil Algulyan named deputy chairman

Daniil Algulyan has been appointed deputy chairman of Russian development bank Vnesheconombank. He will be responsible for building Vnesheconombank's product line-up,...

04 October 2018

Trafigura closes $1.945bn-equivalent facilities

Trafigura Pte has closed new syndicated revolving credit and term loan facilities totalling $1.945 billion-equivalent. The loans were oversubscribed...

04 October 2018
in
Transport

Pacific International Lines, IBM unite in blockchain trial

Singapore's largest privately-owned shipping line, Pacific International Lines (PIL), has teamed up with IBM in another initiative to digitalise supply chain...

04 October 2018

FireEye warns of North Korea bank cyberattacks via SWIFT

A new report from cybersecurity experts at FireEye claims a North Korea-led cyber campaign has swindled banks of hundreds of millions of dollars since 2014, and continues...

04 October 2018
in
Metals and Mining

Shop talk: Bespoke CPRI insurance for Gerald Metals

Robert Frank, global head for insurance and risk mitigation at Gerald Metals, spoke to TXF about the CPRI market, the digitisation myth and how having multiple brokers...

04 October 2018
in
Oil & gas

Fresh blow for emerging markets as rising oil hits importers

Higher oil prices have for years stoked gains in emerging-market currencies. But now, Brent crude's rally to a four-year high is beginning to hurt them. Crude-oil...

04 October 2018
in
Oil & gas

Lukoil CEO: Litasco sale on hold due to sanctions

Lukoil, Russia's second biggest oil producer, has put on hold its plans to sell trading arm Litasco due to sanctions, Chief Executive Officer Vagit Alekperov was...

04 October 2018
in
Renewables

OMERS closes on Commodore Leeward acquisition facility

Canadian pension fund OMERS Infrastructure Management reached financial close on the $402.9 million debt backing its acquisition of the Commodore Leeward Wind portfolio...

04 October 2018

IPIC and MDC plan to reorganise $6bn debt

Mubadala Investment Company is seeking to reorganise about $6 billion of debt following the merger of Abu Dhabi’s state investor International Petroleum Investment...

04 October 2018
in
Telecoms and Communications

Ten bidders interested in Altice's French broadband business

Telecoms and cable group Altice Europe has received interest from ten bidders for a stake in its French fibre broadband business. Altice is looking to sell 40-60% of a...

04 October 2018
in
Power, Renewables

Alstom completes transfer of 3 energy JVs to GE in £3bn deal

Alstom has completed the transfer of all its interests in three renewables, grid and nuclear joint ventures to General Electric for €2.594 billion...

04 October 2018

Mastromarini joins Bird & Bird

Bird & Bird has appointed Pierpaolo Mastromarini as a partner its Finance Practice and Energy & Utilities Sector Group in Italy. Mastromarini advises on asset and...

04 October 2018
in
Oil & gas, Power

Trump names intended fifth FERC nominee

President Donald Trump has stated that he intends to nominate Bernard McNamee, executive director of DOE 's Office of Policy, for the vaccant position on the US...

04 October 2018
in
Power, Renewables

OPWP issues RfQs for financial and legal advisors

The Oman Power and Water Procurement Company (OPWP) has issued a request for proposals for advisory services for the development of a waste-to-energy project. OPWP is...

04 October 2018
in
Renewables

SIMEC submits plans for £158m Glenshero wind farm

GFG Alliance's SIMEC Energy has submitted a planning application for a 39-turbine wind farm north-west of Laggan, in the Scottish Highlands. The...

04 October 2018
in
Infrastructure, Transport

Norway plans information meeting for three road PPPs

The Norwegian Public Roads Administration (NPRA) is running an information meeting on October 18 to discuss three new road PPP projects. The projects are the NOK5.5...

04 October 2018
in
Power, Transport

Infracapital to acquire controlling interest in Energetics

M&G Prudential's investment arm Infracapital has agreed to buy a controlling interest in independent network owner Energetics from Macquarie Principal Finance,...

04 October 2018
in
Infrastructure, Transport

CPPIB and Ontario Teachers' to buy into Mexican toll road

Impulsora del Desarrollo y el Empleo en América Latina, S.A.B. de C.V. (IDEAL), Canada Pension Plan Investment Board (CPPIB) and Ontario Teachers' Pension Plan...

04 October 2018
in
Infrastructure, Waste and water

ADB agrees $100m drainage and sewerage loan with India

The Asian Development Bank has signed a $100 million loan agreement with India to strengthen capacity of Kolkata Municipal Corporation (KMC). The loan is the third and...