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22 March 2018

Whalen re-emerges at BRG

Michael Whalen – who until May 2017 was vice president of structured finance at US Ex-Im, and more recently senior advisor to executive director Martin Klepper...

22 March 2018
in
Oil & gas

CNPC buys stakes in ADNOC offshore concessions

The Abu Dhabi National Oil Company (ADNOC) has awarded China National Petroleum Corporation (CNPC) 10% stakes in each of two offshore offshore oil concessions. The...

22 March 2018

ECAs and insurers capture 17% of global trade in 2017, says Berne Union

The Berne Union has announced strong growth figures in ECA and investment insurers business for 2017, with 14% of cross-border trade accounted for by members.

22 March 2018

EBRD extends support to SMEs in Georgia, Moldova and Ukraine

The European Bank for Reconstruction and Development (EBRD) and the European Union (EU) has agreed to put up €1.15 billlon ($1.42 billion) to support SMEs in...

22 March 2018
in
Infrastructure, Power, Waste and water

Kuwait plans Az-Zour water and power IPO

The government plans to offer 50 percent of the 1.5GW Az-Zour North Independent Water & Power Project to Kuwaiti citizens in three month's time. The shares will...

22 March 2018
in
Renewables

Azure Power awarded 130MW of solar projects

Indian solar IPP Azure Power has been awarded a 100MW solar project at the Pavagada Solar Park by Karnataka Renewable Energy Development Ltd and will sell power...

22 March 2018
in
Renewables

Microsoft weighs in with largest corporate solar purchase in US

Microsoft Corp is to purchase 315MW of capacity from Pleinmont I and II solar projects located in Virginia. AES and AIMCo company sPower is the project...

22 March 2018
in
Renewables

Indian solar auctions draw fewer bids

Uncertainties surrounding the future of Indian solar are causing low participation in recent auctions. Maharashtra's recent 1GW solar auction was postponed for the...

22 March 2018

JBIC takes equity in venture capital fund

JBIC has signed an agreement to take equity in the Geodesic Capital Fund, a venture capital fund managed by Geodesic Capital Partners, which invests in advanced IT...

22 March 2018

Oil traders see further consolidation despite margin pick-up

Heads of commodity trading houses attending the FT Commodities Global Summit in Lausanne are predicting more consolidation as operating and regulatory costs rise, and a...

22 March 2018

African trade deal to boost region’s credit profile, says Moody’s

A crucial free-trade treaty is expected to be signed at the African Union Summit in Kigali this week, with Moody’s expecting the deal to improve the credit profile...

22 March 2018
in
Transport

Boeing taps private funds as US-Exim remains dormant

Boeing seems to be flying high with a spate of tightly priced loans from private banks as the airline enjoys unprecedented access to new lender capital as the...

22 March 2018
in
Infrastructure

Odisha proposes 19 new hospital PPPs

The Odisha government's Empowered Committee on Infrastructure is considering a proposal to establish 19 new hospitals in 18 districts of the Indian state and has...

22 March 2018

NIB and SG Finans launch new SME leasing facility

Nordic Investment Bank (NIB) and SG Finans are launching a €150 million ($187.4 million) loan for financing equipment leasing to small and medium-sized...

22 March 2018
in
Infrastructure, Transport

Philippine Ports revisits Sasa modernisation PPP

The Department of Transportation  is revisiting the Sasa modernization PPP project that was scrapped by the Philippine Ports Authority (PPA) last year. Terms of...

22 March 2018
in
Renewables

ATI and EIB roll out $1bn renewables facility

The European Investment Bank (EIB) and African Trade Insurance agency (ATI) today launched a $1 billion facility to fiannce renewables projects in sub-Saharan Africa. The...

22 March 2018
in
Infrastructure, Transport

ADB extends $120m loan to India for rail developments

The Asian Development Bank (ADB) has agreed to extent a $120 million loan to the Indian government to finance the development of railway upgrades.

22 March 2018
in
Infrastructure, Metals and Mining, Transport

WICET debt solution agreed but not yet signed

Lenders to Queensland’s debt-laden Wiggins Island Coal Export Terminal (WICET) have agreed to extend about $3 billion due on an outstanding loan for an additional...

22 March 2018
in
Infrastructure, Transport

Chexim to sign more infra deals with Serbia

The Export-Import Bank of China (Chexim) has cited Serbia as its main partner under the cooperation mechanism between China and 16 Central and Eastern European countries,...

22 March 2018
in
Telecoms and Communications

NIB lends to broadband project in Norway

Nordic Investment Bank (NIB) has signed a NOK600 million ($77.6 million) 15-year loan with Eidsiva Energi to fund roll-out of optical fibre broadband networks in an area...