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24 July 2017

NDFI allocates $500m to promote Iran non-oil exports

The National Development Fund of Iran (NDFI) has allocated $500 million to the Export Development Bank of Iran for distribution among the country's exporting...

24 July 2017

Glencore to invest in Brazil's copper producer Paranapanema

Glencore has signed an agreement to invest up to $21 million into Brazilian copper producer Paranapanema, the Brazilian firm said in a securities filing. It gives...

24 July 2017

ADB: Cautious optimism for Asia's outlook

With export demand stronger than expected in the first quarter of 2017 in developing Asia, the region is now expected to grow by 5.9% in 2017 - 0.2 percentage points...

24 July 2017

Turkish sea transport firm to buy new ship with EBRD loan

The European Bank for Reconstruction and Development (EBRD) is providing a boost to the Turkish shipping industry with a €27.5 million loan to transportation firm...

24 July 2017

US-UK deal could generate $52bn of fresh bilateral trade

Removing commercial barriers between the US and UK could generate an extra £40 billion ($52 billion) of trade between the two countries by 2030, UK Trade Secretary...

24 July 2017
in
Power, Transport

Interconnector Italia: Thinking outside the box

Interconnector Italia – a consortium of high-energy-use private sector companies in Italy – has signed a partially EIB-backed financing for its share of the Italy-France...

21 July 2017

British exporters unprepared for Brexit

Nearly half of British exporters have not yet reviewed their strategies more than a year after the Brexit vote, despite the EU being a trading partner for 85% of them,...

21 July 2017
in
Metals and Mining

KfW IPEX and SEK join Platreef gold mine financing

KfW IPEX-Bank and SEK have joined EDC, Nedbank and Societe Gnerale as initial mandated lead arrangers on the $1 billion debt financing for Ivanhoe’s Platreef gold...

21 July 2017

Ingenico to acquire Swedish payments firm Bambora

French payments firm Ingenico Group has agreed to acquire rival Sweden-based Bambora from Nordic Capital for €1.5 billion. Bambora has operations in Europe, North...

21 July 2017

China agrees to expand trade in services with US

China has agreed to expand its bilateral trade in services with the US, despite a current "huge deficit." The deal follows last week's approval by the...

21 July 2017

How can export finance be simplified?: New TXF podcast released

Making export finance more accessible - a key debate from TXF Venice

21 July 2017
in
Transport

Scandlines refinances and cuts 200bp-plus from cost of debt

Danish ro-ro ferry operator Scandlines has closed an €862 million ($991 million) refinancing of bank debt raised in 2013 when owner 3i bought out its then partner in...

21 July 2017
in
Power

PLN nears close on $280m K-sure backed loan

PLN is expected to reach financial close by September on a $280 million K-Sure-backed loan to upgrade the 1150MW Muara Tawar combined-cycle power plant in Bekasi,...

21 July 2017
in
Transport

A24 Blankenburg concession awarded

Dutch transport authority Rijkswaterstaat has awarded the A24 Blankenburg tunnel concession to BAAK Blankenburg-Verbinding - a consortium comprising Ballast Nedam,...

21 July 2017

AMP buys 14.7MW Fukushima solar park from General Energy

AMP Solar Group Japan, through newly established Godo Kaisha ASGJ Project 2,  is to acquire the operational facility in Fukushima from Taiwanese developer...

21 July 2017

Neoen inks 100MW PPA with EnergyAustralia

French renewables developer Neoen has signed a 12-year offtake agreement for 100MW capacity from the 150MW Coleambally solar PV project being developed in the Riverina...

21 July 2017

Elecnor finances Spanish wind farm overhaul without subsidy

Elecnor has signed financial contracts with Bankia for €11.95 million towards a €20 million overhaul of the 16.5MW Malpica de Bergantinos wind farm in La Coruna...

21 July 2017
in
Power

LS Power's Spruce Generation acquisition debt closed

The $415 million debt financing backing the $480 million acquisition by LS Power of the 1279MW Spruce Generation peaker portfolio from Dynegy closed on 11 July. The...

21 July 2017
in
Infrastructure

Ikitelli medical campus PPP financing signed

Financing for the ¥200 billion ($1.79 billion) 2,682-bed Ikitelli integrated medical campus PPP project in Turkey has signed. Sponsored by Ronesans Holding (70%)...

21 July 2017

New York seeks proposals for $10bn JFK Airport overhaul

The Port Authority of New York and New Jersey is looking to develop a masterplan for the renovation of John F. Kennedy International Airport with rationalising of...