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28 February 2018
in
Renewables

Lightsource BP signs PPA for 20MW solar project in Kansas

Lightsource BP has signed a 25-year power purchase agreement with Sunflower Electric Power Corp affiliate Mid-Kansas Electric Co. Inc for the entire output of a 20MW...

28 February 2018
in
Power, Renewables

India cancels another solar project with storage

NLC Limited has cancelled a 28MW solar plus storage project awarded to Mahindra Susten and set for the Andaman & Nicobar Islands, making it the fourth time that such...

28 February 2018
in
Infrastructure, Transport

Decision on Amey's Brimingham PFI overturned by Court of Appeal

Birmingham City Council contracted Amey Birmingham Highways Ltd (ABHL) in 2010 to carry out a 25-year highway maintenance PFI but by 2014 the council, believing that...

28 February 2018
in
Renewables

OPWP announces strong interest in Ibri II Solar

Oman Power & Water Procurement Company (OPWP) has announced that 28 bidding teams have expressed an interest in the 500MW Ibri II Solar project. The potential...

28 February 2018

Pratin Vallabhaneni joins White & Case, advises on fintech issues

Global law firm White & Case has hired Pratin Vallabhaneni as a partner to work closely with the firm's Global Financial Institutions Advisory Practice, advising...

28 February 2018

PNB fraud fallout spreads to market for trade finance

The fallout from India's biggest banking fraud at Punjab National Bank (PNB) is spreading to the market for trade financing, as foreign lenders become more reluctant...

28 February 2018
in
Renewables

SCCL to power coal operations with 550MW of solar capacity

Telangana state and Indian government's Singareni Collieries Company Limited has announced the intention to power its coal mining operations with 550MW of solar...

28 February 2018
in
Metals and Mining

Lundin funds Fruta del Norte gold project with $400m private placement

A $400 million equity private placement financing by Lundin Gold, together with recent lender commitments, have substantially completed the financing of its Fruta del...

28 February 2018

SME confidence hits rock bottom over international trade

The number of UK small and medium-sized enterprises conducting international trade dropped to 26% n Q4 2017 - compared to 52% at the end of 2016, according to...

28 February 2018
in
Infrastructure, Power, Transport

Allen & Overy hires Arnaldos as senior counsel for NY office

Allen & Overy has appointed Andres Arnaldos as senior counsel for a new role in the Global Projects, Energy and Infrastructure practice based in the New York...

28 February 2018

Nimbla selected for Barclays Accelerator programme

London-headquartered insurtech app Nimbla has claimed to be the first commercial insurance app to be selected for fintech-focused Barclays Accelerator. In total 12...

28 February 2018
in
Renewables

Equis Energy appoints new CEO

Asia-Pacific renewable energy company Equis Energy has appointed Nitin Apte, the former President and Chief Executive Officer of specialty materials company Materia, as...

28 February 2018

XinFin integrates the Bancor Protocol

XinFin, a Singapore-based blockchain technology platform focused on international trade and finance, has announced an integration with the Bancor Protocol to provide...

28 February 2018
in
Metals and Mining

Sibanye Gold out to market with loan refinancing

South African miner Sibanye Gold – rated Ba2/B+ by Moody’s and S&P – has launched the refinancing of a $350 million three-year loan signed in 2015...

28 February 2018

ICC Banking Commission announces Annual Meeting in Miami

The Banking Commission of the International Chamber of Commerce (ICC), in collaboration with the Florida International Bankers Association, has announced details of the...

28 February 2018

Export Council of Australia appoints Alina Bain as new CEO

Export Council of Australia, which promotes Australian industry in international markets, has appointed Alina Bain as its new Chief Executive Officer. She will begin...

28 February 2018
in
Oil & gas

Black Stone Minerals announces 2017 Q4 results

US oil and natural gas group Black Stone Minerals has reported a 2017 Q4 net income and adjusted EBITDA of $19.4 million and $79.5 million, respectively. The company also...

28 February 2018

EBRD financing rises to €9.7bn in 2017 but net profit drops

European Bank for Reconstruction and Development financing rose to €9.7 billion in 2017, from €9.4 billion in 2016. The number of individual EBRD projects in...

28 February 2018

UKEF announces Board and Export Guarantees Advisory Council appointments

UK Export Finance has appointed Shalini Khemka to the board, and John Morrison and Roseline Wanjiru to the Export Guarantees Advisory Council. Khemka is the founder,...

28 February 2018
in
Oil & gas

Brazil's Petrobras bonds get junkier, downgraded yet again

Brazilian oil firm Petrobras saw its credit rating take a hit yet again as Fitch has them even junkier than before, now at BB- from BB. The company has well over $100...