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01 February 2018

Noble denies 'enriching' claim as rescue plan ignites spat

Hong Kong-headquartered Noble Group has responded to criticisms by one of its biggest shareholders about the embattled commodity trader's conduct, and defended the...

01 February 2018
in
Renewables

Development Bank of Kazakhstan funds wind energy farm

The Development Bank of Kazakhstan (DBK) is financing CATEC Green Energy's construction of a wind power plant in Kostomar village, near the capital Astana. The...

01 February 2018
in
Infrastructure, Transport

ADB, India sign $250m loan to improve rural connectivity in 5 states

The Asian Development Bank (ADB) has signed a $250 million loan with India to finance the construction of 6,254km of all-weather rural roads in the states of Assam,...

01 February 2018

Portugal: EIB and CGD provide €300m support to SMEs

The European Investment Bank has granted a €150 million loan to Caixa Geral de Depósitos (CGD) to facilitate financing of small and medium-sized investment...

01 February 2018

EIB Group: Record €1bn Irish financing in 2017

The European Investment Bank Group says that more than €1 billion of new financing was signed in 2017 for public and private sector investment...

01 February 2018

Advanon launches online factoring platform in Germany, partners with Wirecard

Wirecard is supporting invoice financing platform Advanon's entry into the German market, offering the country's small and medium-sized enterprises the chance to...

01 February 2018

Brazilian cross-border payment processing firm Ebanx raises $30m

Ebanx, a Brazilian startup bringing cross-border e-commerce payments to Latin America, has raised $30 million from FTV Capital, with participation from Endeavor Catalyst...

31 January 2018
in
Power

Opportunity of the day: Zhejiang Jindun Holding plans to construction 1320MW power plant in Bangladesh

The Bangladesh Economic Zones Authority (BEZA) and Zhejiang Jindun Holding Group Co Ltd are planning to build a power plant in Mirersarai, Bangladesh, according to Yan...

31 January 2018

Abengoa Bionergia's Brazil lenders eye sugarcane mills sales

Banks and investors involved in the court reorganisation of energy group Abengoa Bioenergia Brasil hope to get paid through a potential sale of the company's two...

31 January 2018

Moody’s sees ‘default event’ for Noble Group

Hong Kong-headquartered Noble Group has cut its debt and improved liquidity through restructuring but might not return to profitability, Moody&'s said. "If...

31 January 2018
in
Infrastructure, Transport

LAWA names recommended developer for Automated People Mover project at LAX

The consortium of ACS Infrastructure Development (Iridium), Dragados USA, HOCHTIEF PPP Solutions, Flatiron, Fluor, Balfour Beatty and Bombardier has been selected as the...

31 January 2018

Only 17 firms In Scotland complying with late payment rules

Only 17 businesses in Scotland have complied with requirements under the payment practices and performance reporting rules designed to protect small suppliers from...

31 January 2018

BNI Europa to fund German SME loans via Funding Circle

Portuguese online bank Banco BNI Europa and Funding Circle have entered into a strategic partnership to support the growth of German small and medium-sized enterprises....

31 January 2018

TXF Americas 2018: Registrations close this week

The registrations for TXF Americas are closing this week. To network with representatives from the Ministry of Energy, Mexico; the Ministry of Finance, Brazil and the...

31 January 2018

India Exim raises $10bn in London Stock Exchange bond issue

The Export-Import Bank of India (India Exim) has raised $10 billion with a bond issuance on the London Stock Exchange. The ten-year dollar bonds were almost two times...

31 January 2018

Peru demands $1.1bn in reparations from Odebrecht

Peru is set to demand over 3.468 billion soles (about $1.1 billion) from the Brazilian construction company Odebrecht. The amount was linked to three infrastructure...

31 January 2018
in
Renewables

JDW Group applies to Nepra for 50MW solar project

JDW Group’s subsidiary Gharo Solar (Private) Limited (GSPL) has submitted an application to Pakistan's National Electric Power Regulatory Authority (Nepra) for...

31 January 2018
in
Power, Transport

Sterlite buys back 28% stake for full ownership of transmission business

Indian power transmission infrastructure developer Sterlite Power has bought back a 28.4% share in the company from Standard Chartered Private Equity (SCPE) for Rs1,010...

31 January 2018
in
Power, Renewables

Besix consortium wins €700m Dubai WtE project

A consortium of the Belgian constructor Besix and Hitachi Zosen Inova has been awarded a 171MW waste-to-energy BOT project to be located in the Municipality of Dubai. The...

31 January 2018

BlueVine doubles invoice financing credit lines

US-headquartered BlueVine has doubled the credit line size for its invoice factoring product to up to $5 million. It also increased the limit for its business line of...