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21 July 2017

Chilean approval for 390MW Likana solar project

SolarReserve has been granted environmental approval for the solar thermal project being developed in the Antofagasta region. The facility will have a 5.1GW storage...

21 July 2017

Alterra completes Flat Top financing

Canadian renewable energy company Alterra Power's financing of the 200MW Texan wind project includes BlackRock Real Assets' 49% sponsor-partner interest, a...

21 July 2017

The Philippines clears five power projects for grid impact studies

Two solar, two diesel and a cogeneration project with a combined 210MW generation capacity have received Department of Energy approval for the conduct of grid-impact...

21 July 2017
in
Transport

Chexim guarantees CSSC-Fincantieri cruise ship license

A CSSC and Fincantieri joint venture – CSSC-Fincantieri Cruise Industry Development – has raised a €33 million ($38.4 million) financial guarantee from...

21 July 2017

Deadlines loom for Bolognesi's Rio Grande do Sul complex

Bolognesi Energia will receive preliminary environmental permits from the State government for the LNG terminal and power plant at the Brazilian port of Rio Grande...

21 July 2017

PPT and Petronas JV plans LNG facility in Malaysia

Petroliam Nasional Berhad (Petronas) and Thai national oil and gas company PTT, through joint venture company PPT Global LNG, are looking to develop a natural gas...

21 July 2017
in
Power

AFD funding Pakistan power and transmission projects

AFD is providing Pakistan with a €165 million ($192 million) financing to fund energy sector projects. The schemes include the Power Transmission Enhancement...

21 July 2017

Pottinger advises on Photon Energy's Australian solar pipeline

Australian consultancy firm Pottinger has been mandated as financial and strategic advisor for Photon Energy's 1GW pipeline of solar projects in New...

21 July 2017
in
Agri/Soft Commodities

Bunge cutting $250m from cost base by 2019

Bunge has launched a new cost cutting programme and reduced its capex target from $700 million in 2017 to $500 million for 2018.

21 July 2017
in
Oil & gas

Trafigura and Vattenfall to supply Naftogaz

Ukraine's Naftogaz plans to sign natural gas purchase agreements with Trafigura Trading (Europe) and Vattenfall Energy Trading as it expands supply from...

21 July 2017
in
Infrastructure

Thames Tideway debuts in US private placement market

Thames Tideway Tunnel has issued £300 million of 15-year notes via its first US private placement. The issue was led by MUFG and comes with a semi-annual fixed rate...

21 July 2017
in
Agri/Soft Commodities

FMO providing $25m for Ukrainian agribusiness

FMO is providing a $25 million loan to Ukrainian agribusiness group Astarta to finance its green capital expenditure program. The program is aimed at improving resource...

21 July 2017
in
Transport

EBRD and Isbank funding new ro-ro for Alternative Transport

The EBRD is providing Turkish shipping line Alternative Transport with a €27.5 million loan to part finance the acquisition of a new €55.5 million ro-ro cargo...

21 July 2017

EIB and BPM sign €600m SME on-lending facility

The EIB and Banco BPM Group (created by the merger of Banco Popolare and Banca Popolare di Milano in January) have signed their first cooperation agreement for...

21 July 2017

Bank of England opens up RTGS service non-bank payment service providers

In an effort to promote fintech innovation and competition, the Bank of England is opening up access to settlement accounts in its real-time gross settlement (RTGS)...

21 July 2017

UK SMEs turn to alternative lenders

British SMEs are increasingly turning to alternative lenders, with 94% of SME finance in the country being channelled through financial institutions other than the...

21 July 2017

OCBC tests AI solutions to detect money laundering and fraud

Singapore's OCBC Bank is working with BlackSwan Technologies and Silent Eight to trial ways to use artificial intelligence (AI) to build customer behaviour profiles....

21 July 2017

Swiss corporates urge banks to use Swift gpi

Six Swiss corporates includiing ABB, Nestle, Roche, SBB, Swiss Re and Wurth have issued an open letter stating their support for the Swift global payments innovation...

21 July 2017

Kyriba sales surge 43% in H1

Cloud-based treasury, cash and risk management solutions provider Kyriba saw its sales bookings surge 43% year-on-year in the first half of this year. It added more than...

20 July 2017

More Turkish bank refis out to market

Akbank, Isbank and Turk Ekonomi Bankasi (TEB) have invited their relationship banks to refinance loans maturing in the next two months. Commitments are due this week on...