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10 October 2018

Santander: Jon Richman is new head of US Trade and Working Capital Solutions

Santander Corporate & Investment Banking has appointed Jon Richman as head of Trade and Working Capital Solutions in the US. Richman will report to the head...

10 October 2018
in
Agri/Soft Commodities

Glencore Agriculture blames £4m loss on lack of exportable surplus

Glencore Agriculture UK has plunged to a £4 million pre-tax loss after a sharp dip in the number of tonnes traded. Its annual financial report, made up to 31...

10 October 2018

GLIL receives £550m from pension funds for infrastructure investment

GLIL Infrastructure LLP (GLIL) has received pledges totalling £550 million from its local authority pension fund partners for investment in greenfield sites,...

10 October 2018

EBRD loan helps Turkish confectionery exporter Kervan expand

The European Bank for Reconstruction and Development is providing a five-year loan of $7.5 million to Turkish jelly product exporter Kervan Gıda Sanayi ve Ticaret...

10 October 2018
in
Renewables

ThomasLloyd acquires stake in SolarArise India

ThomasLloyd has acquired a significant stake in the GEEREF and CIIF backed project developer SolarArise India Projects Pvt Ltd. SolarArise currently owns and operates...

10 October 2018
in
Infrastructure, Waste and water

Aberdeen Standard invests £65m in Anglia Water green bonds

Anglian Water’s green bond programme has attracted a £65 million investment from Aberdeen Standard Investments on behalf of its strategic clients,...

10 October 2018
in
Renewables

Total EREN to build solar power plant in Uzbekistan

French Total EREN and Uzbekenergo have agreed to jointly implement a project for the construction of a photopower station in the Samarkand region. The International...

10 October 2018
in
Metals and Mining

Is the reign of Glencore’s billionaire copper king near its end?

Aristotelis Mistakidis is one of the world’s most powerful commodity traders. For nearly 20 years, the brash, hyperactive Greek known to everyone simply as...

10 October 2018
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Metals and Mining, Power

Relief nears for troubled Indian mega projects relying on imported coal

A three-member committee set up by the Indian state of Gujarat to look into troubled mega thermal power projects set up by Adani Power, Tata Power and...

10 October 2018
in
Oil & gas

Samson Resources borrowing base rises to $160m

Oklahoma-headquartered Samson Resources II, has announced that the borrowing base under its senior secured revolving credit facility has been increased by its lender...

10 October 2018
in
Renewables

EIB approves €6.6bn support for projects across Europe, Africa

The European Investment Bank (EIB) has approved backing for €6.67 billion of sustainable transport, urban development, water, clean energy and private sector...

10 October 2018
in
Chemicals/Petrochemicals, Oil & gas

Nauticol plans $2bn petrochem project in Alberta

Calgary-based Nauticol Energy Ltd has announced plans for a C$2 billion ($1.54 billion) methanol manufacturing facility in Grande Prairie, Alberta. The proposed...

10 October 2018
in
Renewables

Encavis acquires 300MW Talayuela solar project

Hamburg-based solar and wind park operator Encavis AG has acquired a 300MW subsidy-free solar project located near the Spanish town of Talayuela as part of its...

10 October 2018
in
Infrastructure, Transport

Chelsea Logistics submits unsolicited proposal for Sasa port

Chelsea Logistics Holding Corporation (CLC) has submitted an unsolicited proposal to rehabilitate and expand facilities at Sasa port in Davao City, the Philippines....

10 October 2018
in
Oil & gas

Petrobras: Factors that will boost revenue growth in next 3-4 years

Petrobras has had a good year so far despite being involved in corruption scandals. The Brazilian group's stock has surged almost 30% since the beginning of the year,...

10 October 2018
in
Oil & gas

Northern Oil & Gas better than halves pricing on new $750m RCF

Minnesota-based Northern Oil & Gas has closed a new $750 million five-year first lien revolving credit (RCF). The facility, which matures in October 2023, has an...

10 October 2018
in
Power

NIB funds biofuel CHP to power Helsinki Metropolitan Area

Nordic Investment Bank has signed a €27 million loan agreement with Vantaan Energia Oy to finance the retrofitting of its K1 boiler to use biofuel at the...

10 October 2018
in
Oil & gas

Ex-Gunvor manager Dikun Yin jailed for 12 years in China

Dikun Yin, a former Singapore-based managing director for commodity merchant Gunvor Group, has been given a 12-year prison sentence in China for his role in evading...

10 October 2018

RBS chief executive McEwan calls for SME lending regulation

Ross McEwan, the chief executive of the Royal Bank of Scotland (RBS), has called for small business lending to be regulated in the UK, despite avoiding disciplinary...

10 October 2018
in
Power, Renewables

Gresham House plans £200m energy storage fund raise

Specialist alternatives asset manager Gresham House is intending to launch an initial public offering for Gresham House Energy Storage Fund on the London Stock...