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28 March 2018
in
Infrastructure, Transport

Argentina to tender $500m North Patagonia Train project

Argentina's Transport Minister has announced that a $500 million tender for a 400-mile train line to connect the Patagonian shale field of Vaca Muerta to...

28 March 2018

IFC advising Bank Alfalah on SCF programme

The IFC has been mandated to provide supply chain finance advisory services to Bank Alfalah to help the local lender adopt best practise and boost access to finance for...

28 March 2018

Carillion fallout: BESA calls for Prompt Payment Code reform

BESA CEO David Frise has called on the UK government to speed payment reform following news that M&E firm Vaughan Engineering is facing administration as a result of...

28 March 2018
in
Renewables

GIG buys Marubeni stake in Westermost Rough offshore wind project

Marubeni Corp has sold its 25% stake in the 210MW Westermost Rough offshore wind farm to Macquarie's Green Investment Group (GIG). GIG already holds a 25%...

28 March 2018
in
Infrastructure, Transport

Thai government approval for $7.2bn HSR airport links

Thailand's cabinet has approved a project to develop a high-speed rail PPP that would link Don Mueang and Suvarnabhumi international airports near Bangkok...

28 March 2018
in
Metals and Mining

Gensource Potash secures offtake contract

Canada-based Gensource Potash Corporation has secured a second non-binding 10-year take-or-pay potash offtake contract. The deal is for the purchase of...

28 March 2018

UBA gets UK wholesale banking licence

United Bank for Africa (UBA) has obtained regulatory approval to carry out wholesale banking activities in the UK. United Bank for Africa (UK), led by CEO Andrew...

28 March 2018

Sullivan joins MUFG as head of SCF Americas

MUFG has appointed Maureen Sullivan as managing director and head of Supply Chain Finance for the Americas. She will report to Jon Lindenberg, MUFG's...

27 March 2018
in
Chemicals/Petrochemicals, Oil & gas

RAPID bridge loan signed

Saudi Aramco and Petronas have signed a very tightly priced $8 billion guaranteed bridge loan for their $16 billion Refinery and Petrochemical Integrated Development...

27 March 2018
in
Infrastructure, Transport

TPP closes DFI-backed port project financing

Terminal Portuario Paracas (TPP) – a consortium comprising Servinoga, Pattac Empreendimentos e Participacoes, Tucuman Engenharia e Empreendimentos and Fortesolo...

27 March 2018
in
Infrastructure, Power

IDB extends $500m investment wrap to Argentina

Triple-A rated Inter-America Development Bank (IDB) has approved a $500 million investment guarantee facility for Argentina under a programme to support...

27 March 2018
in
Renewables

Banco Galicia considers second green issue

Banco Galicia is considering a follow-up tranche to the $100 million seven-year green bond it placed last week with sole subscriber the IFC. The deal is the first green...

27 March 2018

Traxia launches initial coin offering

Trade finance nonprofit Traxia has launched an initial coin offering (ICO) on Japan’s Cardano platform. Traxia aims to convert unpaid invoices into smart...

27 March 2018
in
Renewables

Infinergy sells 120MW Metz Solar Farm

Anglo-Dutch renewables developer Infinergy has sold the Metz Solar Farm to an undisclosed buyer thought to be Chinese-Australian project developer Clenergy. Capacity has...

27 March 2018
in
Renewables

T-Solar to acquire two Spanish concentrated solar facilities

I Squared Capital portfolio company Grupo T-Solar has signed an agreement to acquire two operational concentrated solar facilities in Spain from multiple...

27 March 2018
in
Agri/Soft Commodities

Olam secures Asia’s first sustainability-linked club loan with $500m RCF

In March 2018, Olam International along with wholly owned subsidiary and co-borrower Olam Treasury closed Asia’s first ever sustainability-linked club loan. The...

27 March 2018
in
Renewables

innogy becomes partner in 600MW Dublin Array wind project

Innogy Renewables Ireland is to become an equal partner in the 600MW Dublin Array Offshore Wind Farm Project being developed by Irish company Saorgus...

27 March 2018
in
Infrastructure

LAWA issues RfQ for LA airport Northside area development

Los Angeles World Airports (LAWA) has issued a request for qualifications for teams interested in developing the under-utilised LAX Northside Area. The 340-acre site...

27 March 2018
in
Renewables

Metka sells 18MW UK solar portfolio to Lightsource BP

Metka EGN has sold four operational UK solar projects with a combined capacity of 18MW to Lightsource BP.  All four projects have received...

27 March 2018

Wala launches crypto token trade loans for sub-Saharan farmers

Blockchain-based mobile financial services platform Wala and its native Dala token have formed a strategic partnership with Block Commodities, an African commodity...