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11 October 2018
in
Power, Renewables

Hawaiian Electric Companies line up 7 solar + storage projects

Hawaiian Electric, Maui Electric and Hawaii Electric Light are in talks with developers to procure seven solar plus storage projects for three islands. Three projects...

11 October 2018

Euler Hermes backs $950m financing deal for VinFast in Vietnam

Vietnamese car start-up, VinFast Trading and Production (VinFast), signed a tightly priced $950 million Euler Hermes-backed buyer’s credit facility on 25 September...

11 October 2018

White & Case hires infrastructure lawyer Simon Caridia

White & Case has hired former Herbert Smith Freehills infrastructure partner Simon Caridia. He joins the global project finance practice and will...

11 October 2018

Blackstone launches MENA-focused infra company Zarou

Blackstone has set up a new company called Zarou to focus on the development, finance, construction and operation of power and renewable energy, oil & gas midstream,...

11 October 2018
in
Power, Renewables

Duke Energy plans $500m energy storage deployment

Duke Energy Renewables and Distributed Energy Technology has announced its intention to invest $500 million over the next 15 years to advance battery storage in...

11 October 2018
in
Renewables

Four wind projects awarded in Kazakhstan auction

Kazakhstan's energy ministry has awarded four wind projects totalling 250MW of capacity in its second tranche of auctions this year. The lowest price came from...

11 October 2018

Angola secures $2bn in infrastructure financing from CDB

Angola has secured $2 billion in financing from the China Development Bank for infrastructure projects. President João Lourenço who took power a year...

11 October 2018

Chexim agrees inaugural $300m facility to AFC

The Export-Import Bank of China (Chexim) has agreed a US$200 million five-year loan and a US$100 million five-year stand-by facility to Africa Finance Corporation...

11 October 2018

NIB finances the Nya Slussen project in Stockholm

The Nordic Investment Bank and the City of Stockholm have signed a €48 million (SEK500 million) loan with a ten-year maturity to finance the redevelopment of the...

11 October 2018

BLME has completes first Sharia-compliant transaction via LiquidX

BLME (Bank of London and The Middle East) has completed its first Sharia-compliant transaction on the LiquidX Platform by acting as a funder to another participant within...

11 October 2018

Exporters’ Choice Awards: It's all in the delivery

TXF/Clevis' latest survey of 167 capital equipment exporters shows improved delivery year-on-year from all export finance banks. Credit Agricole is cited as top global...

11 October 2018
in
Metals and Mining

Drakelands mine owner Wolf Minerals ceases trading

Australia-headquartered speciality metals producer Wolf Minerals, which owns the Drakelands openpit mine in Devon, has gone into voluntary administration. The company...

11 October 2018

Standard Chartered, Huawei tackling corporate payments with IoT

Standard Chartered and China-based Huawei are jointly developing an internet of things-powered solution to address corporate communication with banks for financing or...

11 October 2018
in
Oil & gas

Lilis Energy announces $500m credit agreement

Texas-headquartered independent oil and gas company Lilis Energy has entered into a five-year, $500 million credit agreement. The credit agreement provides for a...

11 October 2018

ADB, OECD sign MoU to deepen partnership for Asia-Pacific

The Asian Development Bank and the Organisation for Economic Co-operation and Development (OECD) have signed a new five-year memorandum of understanding to deepen their...

11 October 2018
in
Oil & gas

Petrobras forms joint venture with Murphy in Gulf of Mexico

Brazilian oil giant Petrobras is forming a joint venture with US-based Murphy Oil Company to explore oil and gas fields in the Gulf of Mexico. Petrobras will have a...

11 October 2018
in
Oil & gas

KIPIC signs ECA covered international tranche for Al Zour LNG terminal

Kuwait Integrated Petroleum Industries Company (KIPIC) has closed the international ECA covered tranche for its KWD1 billion ($3.294 billion) Al-Zour LNG importing &...

11 October 2018

Liberty Mutual launches Financial Risk Solutions unit

Liberty Mutual's Global Risk Solutions strategic business unit has joined two areas that independently provided credit and political risk products into a single...

10 October 2018
in
Renewables

Fitch expects Japan to add 17GW of solar to grid by 2020

A Fitch Solutions Macro Research review of the Japanese solar industry is predicting a 17GW increase of grid-connected solar by 2020. The additional capacity is...

10 October 2018
in
Power

Uzbekistan signs contract for Sirdaryo power plant upgrade

The government of Uzbekistan has signed a $219 million contract for the modernisation of the Sirdaryo thermal power plant with engineering company OJSC...