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28 February 2018

Citi names Singapore, Asean head of treasury and trade solutions

Citi has appointed Debopama Sen as its Singapore and Asean head for its treasury and trade solutions (TTS) business. She will be based in Singapore and report to Rajesh...

27 February 2018
in
Renewables

Guam Power Authority solicits proposals for 40MW of solar

The Guam Power Authority has issued a bid request to establish 40MW of solar capacity in the South Finagayan area of Dededo. This is Phase 3 of a renewable energy...

27 February 2018
in
Renewables

ARENA CEO to step down in August

Ivor Frischknecht has decided not to seek a third term as CEO of the Australian Renewable Energy Agency and will step down in August when his current term ends.

27 February 2018
in
Power, Renewables

Platte River issues RfP for 20MW of solar and storage

Platte River Power Authority has issued a request for proposals for a minimum of 20MW of new solar capacity and is looking for up to 5MW of energy storage to supply its...

27 February 2018
in
Renewables

WPD secures 50MW of capacity at German onshore auction

The developer WPD was awarded  50MW of capacity in the latest German onshore wind auction for its Lange Heide 2, Hofgeismar, Schlenzer, Hohenseefeld...

27 February 2018
in
Renewables

Turkey eyes tender for its first, and world's largest, offshore wind project

The Turkish Energy Minister has announced that a tender for the country's first offshore wind facility, to be located in the Aegan Sea, will be carried out under the...

27 February 2018

JSE will begin listing project bonds from mid-March

The Johannesburg Stock Exchange (JSE) is expecting to begin listing project bonds in the second week of March as South Africa plans a large infrastructure investment over...

27 February 2018
in
Renewables

Pattern buys 206MW Japanese renewables portfolio

Pattern Energy Group Inc has agreed to acquire a 206MW portfolio of renewable projects from Pattern Energy Group LP and Japanese renewables developer Green...

27 February 2018
in
Oil & gas

Repsol agrees to sell €3.8bn stake in Gas Natural

Spanish oil firm Repsol has agreed to sell a 20% stake in utility Gas Natural SDG to Rioja Bidco Shareholdings that is controlled by private equity firm...

27 February 2018

RBS challenged to reinvest in SMEs after posting profit

The UK's Federation of Small Businesses (FSB) wants Royal Bank of Scotland (RBS) to reinvest in small businesses after the lender posted its first profit in a...

27 February 2018
in
Power

PCC gives approval for San Miguel's $1.9bn deal for AES power plant

The Philippine Competition Commission (PCC) has found that the $1.9 billion purchase of AES' 630MW coal-fired power plant in Masinloc by San Miguel's SMC Global...

27 February 2018
in
Metals and Mining

Rusal quest for value to dent Glencore's aluminium clout

Mining giant Glencore's deal to buy aluminium from Rusal will be renewed from 2019, but the tonnage is likely to be much lower as the Russian producer taps into...

27 February 2018
in
Power

Acorn mandates IDCOL to raise $63m loan

The Infrastructure Development Company Ltd (IDCOL) has been mandated to raise $63 million term loan for a 100MW heavy fuel oil-fired power project being developed by...

27 February 2018
in
Agri/Soft Commodities

Olam Q4 net profit jumps 159% on one-off gains

Singapore-based commodity trader Olam International reported a 159.3% rise in its fourth-quarter net profit to $201.4 million (S$265.1 million). The figure was boosted by...

27 February 2018
in
Agri/Soft Commodities

ADM, Cargill announce soybean joint venture in Egypt

Archer Daniels Midland (ADM) has agreed to form a soybean joint venture in Egypt with fellow US agricultural merchant Cargill to take advantage of strong demand for...

27 February 2018

Norsk Hydro buys Rio Tinto Iceland aluminium plant

Norsk Hydro has made a binding offer to buy a Rio Tinto aluminum plant in Iceland for $345 million. The proposed deal, which is expected to close in the second...

27 February 2018

India's central bank issues Swift ultimatum for core banking

The Reserve Bank of India has given an ultimatum to banks that they must integrate Swift into their core banking solutions by 30 April. It follows a recent strings of...

27 February 2018

Using supply chain finance as a risk management tool

Using early pay or supply chain finance as a risk management tool to manage buyer limits is not such a bad idea when you consider inter-enterprise credit is five times...

27 February 2018

France's Lemon Way teams up with Accuity

French fintech company Lemon Way has selected Accuity to streamline its financial crime compliance process. Lemon Way has chosen to implement the Accuity solution Firco...

27 February 2018

Volante announces support for Swift 2018 standards

Volante Technologies, a global provider of software for the integration, processing and orchestration of payments and financial messages, has announced support for the...