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23 March 2018

JP Morgan to spin off blockchain?

JP Morgan Chase is considering separating its blockchain division as an independent company. The notion being that liberation from the bank could increase the overall...

23 March 2018

Nine Malaysian banks team up on blockchain trade finance

Nine Malaysian banks have teamed up to develop blockchain applications for trade finance, according to Jessica Chew Cheng Lian, deputy governor of Bank Negara...

23 March 2018
in
Metals and Mining

SPMP raises debt for Oman Antimony Roaster project

Strategic & Precious Metals Processing (SPMP) has raised a $30 million loan from Alizz Islamic Bank to be used for a combination of project (the borrower’s Oman...

23 March 2018

Swift upgrading gpi Tracker

Swift’s gpi Tracker, available since May 2017, is getting a major upgrade in November with the incorporation of an end-to-end transaction reference for all payment...

23 March 2018
in
Transport

Ardian hires Rothschild to sell Luton airport stake

French private investment company Ardian is looking to sell its 49% stake in the UK's Luton Airport and has taken on Rothschild to find a buyer. Ardian's Spanish...

23 March 2018
in
Agri/Soft Commodities, Infrastructure, Metals and Mining, Oil & gas, Power, Renewables, Telecoms and Communications, Transport, Waste and water

The rise and rise of Liberty House

Sanjeev Gupta is the man behind the ascent of Liberty House from commodity trading start-up into an international metals and industrials group. And in conversation with...

23 March 2018
in
Metals and Mining

Ma'aden seeks to refinance $1bn MBAC loan

Saudi Arabian Mining Company (Ma’aden) has hired BNP Paribas and National Commercial Bank to advise on refinancing $1 billion of debt for its...

23 March 2018

Latham & Watkins' global chair steps down after 'lapse of judgement'

Bill Voge, the global chair and managing partner at international law firm Latham & Watkins, has resigned after making voluntary disclosures to its executive...

23 March 2018
in
Power, Renewables

SMC completes Masinloc power plant acquisition from EGCO and AES

San Miguel Corporation's SMC Global Power Holdings Corp has completed its $1.9 billion acquisition of a 49% interest in Masinloc Power Partners Co. Ltd. (MPPCL)...

23 March 2018
in
Infrastructure, Transport

Contract awarded by Infrastructure Ontario for Kipling Bus Terminal project

Infrastructure Ontario (IO) and Metrolinx have awarded the EllisDon Infrastructure Transit (EDIT) consortium the contract to design, build and finance the...

23 March 2018
in
Renewables

OMERS to acquire Leeward Renewable from Arclight Capital

Canadian pension fund OMERS' Infrastructure Management has signed definitive documentation to acquire wind power asset owner, operator and developer Leeward...

23 March 2018
in
Infrastructure, Transport

Dubai secures funding to complete Metro extension

The Department of Finance has announced the completion of a funding exercise to enable construction on the Dubai Metro’s Route 2020 extension project to...

23 March 2018
in
Transport

Vinci signs Belgrade Nikola Tesla Airport concession

The Serbian government and Vinci Airports have signed the 25-year concession agreement for the operation of Belgrade Nikola Tesla Airport. Vinci will...

23 March 2018
in
Renewables

Essel in talks to sell three of its solar projects

Essel Infraprojects is believed to be in talks with Greenko Group, ReNew Power and IL&FS Energy to sell three of its solar projects with a combined capacity of...

23 March 2018
in
Transport

Cubic consortium closes financing of MBTA fare payment PPP

The consortium of Cubic Transportation and John Laing has achieved financial close for the Massachusetts Bay Transportation Authority (MBTA) PPP project for the...

23 March 2018
in
Agri/Soft Commodities, Manufacturing & equipment, Power, Renewables

Neoen reaches financial close on Bulgana Green Power Hub

Neoen Australia has reached financial close on the $350 million Bulgana Green Power Hub project located near Stawell in Western Victoria, with long term debt...

22 March 2018
in
Renewables

Sakaka solar set to close over next few months

The $300 million 300MW Sakaka solar PV scheme in Saudi Arabia is expected to reach full financial close over the coming months. The deal, which was expected to close...

22 March 2018

China opens up $27trn payments market to foreign players

China is to permit foreign companies to access its $27 trillion payments market. Foreign players can start applying for payment licenses and will be treated the same as...

22 March 2018

Mitsubishi UFJ Lease adds to US trade finance solutions team

Mitsubishi UFJ Lease and Finance USA (MULUSA) has hired Richard Coasby as director of trade finance solutions. Coasby will lead the initiative to provide...

22 March 2018

Nucleus adds trade finance portal to product line

Nucleus Software, an India-based company providing financial institutions with lending and transaction banking technologies, has added a trade finance portal to its...