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29 March 2018

Duzce Cam raises Hermes covered loan

Turkey-based Duzce Cam Sanayi ve Ticaret – a manufacturer of flat glass used in the construction industry – has raised a €14 million ($17.2...

28 March 2018
in
Renewables

Mexican renewables: Flagged for funding

Five years on from the Mexico's landmark energy sector reforms, a spate of recent financings – one without DFI backing – support market expectation that the pace of...

28 March 2018
in
Agri/Soft Commodities

Olam International signs $163m loan with ADB and JICA

Olam International has signed a $163 million facility with ADB and JICA to support 20,000 smallholder farmers in Indonesia, Papua New Guinea, Timor-Leste and...

28 March 2018
in
Agri/Soft Commodities

ED&F Man closes three new revolving credits

UK-headquartered agri-trader ED&F Man has closed three new unsecured committed revolving credits (RCFs) totalling $1.128 billion with a combined syndicate of 27...

28 March 2018
in
Oil & gas

88 Energy refinances for longer tenor

E&P independent 88 Energy has refinanced a $16.5 million loan from Bank of America on substantially the same terms with FCS Advisors (otherwise known as Brevet...

28 March 2018
in
Renewables

F2i acquires six PV plants with 51MW of combined capacity

Private Italian equity firm Fondi Italiani per le infrastrutture SGR (F2i), through F2i Energie Rinnovabil, has purchased six solar PV plants from Ardian-owned...

28 March 2018
in
Infrastructure, Transport

FDN ups locally denominated lending to 4G

Colombian development bank Financiera de Desarrollo Nacional (FDN) has signed its first loan under its peso funding line initiative – a $200 million equivalent...

28 March 2018

UKEF deploys dedicated GCC team

Given the growth of ECA volumes in the GCC, the region has now become the first in the world to have a dedicated UK Export Finance (UKEF) team. UKEF financed around...

28 March 2018
in
Renewables

RAWI forms JV for 69MW wind project near Leningrad

The Russian Association of Wind Industry (RAWI) has partnered with international shipping company Onego Shipping to develop a 69MW project in the Volkhov...

28 March 2018
in
Power

Endeavor reaches financial close on 50MW Te Power project in Guinea

Financial close has been reached on the 50MW Tè Power greenfield thermal power plant in Conakry, Guinea developed by majority owner Endeavor...

28 March 2018
in
Metals and Mining

Glencore weighs buying back Optimum coal operations

Glencore is considering a bid for the Optimum coal operations in South Africa, which it sold in 2015 to a company part-owned by the Gupta family after a fallout with...

28 March 2018

Vitol leads LNG traders in 2017 growth stakes

Geneva-based Vitol increased the volume of LNG it traded last year by 185%, to 7.4M tonnes from 2.6M tonnes in 2016. The performance pushed the company up into...

28 March 2018

Noble claims more creditor support for restructuring plan

Noble Group has announced that creditors holding the majority of its senior debt now accept its $3.4 billion restructuring plan. The commodity trader said...

28 March 2018

Bhushan Power & Steel likely to see rebids

A second round of bidding for Bhushan Power and Steel looks likely to ensure lenders recover the maximum amount of their dues from the sale of the asset. The...

28 March 2018
in
Renewables

Colbun acquires 150MW Sol de Tarapaca solar project

Chilean utility Colbún has acquired the 150MW Sol de Tarapaca solar project from US module manufacturer and developer First Solar. Investment in the project,...

28 March 2018

Lloyds appoints new head of infrastructure group

Lloyds has promoted the former head of corporate debt capital markets, Guillaume Fleuti, to a new role as head the infrastructure group. Coverage bankers in the...

28 March 2018

Oliver Wyman and Clifford Chance report on Brexit red tape costs

Oliver Wyman and Clifford Chance have teamed up to produce a detailed report on the likely red tape costs of new tariff and non-tariff barriers that could be imposed...

28 March 2018

Akbank closes on annual refi

Akbank has closed its annual trade finance on-lending facility, refinancing the $1.1 billion due portion from its March 2017 syndicated loan with a new $1.2 billion...

28 March 2018
in
Transport

JetBlue picks team for Kennedy Airport terminal expansion

JetBlue Airways Corp has selected a Vantage Airport Group and RXR Realty consortium to develop a $2-3 billion expansion of its facilities at JFK Airport. The...

28 March 2018

King & Spalding hires PPP expert for Tokyo office

King & Spalding has hired project finance and infrastructure markets expert Ryuichi Kaga as a senior advisor. Kaga joins the Global Transactions and Finance...