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13 February 2018
in
Oil & gas

Swiss Life AM buys stake in Pisto

Swiss Life Asset Management’s (AM) Swiss Life Funds (Lux) Global Infrastructure Opportunities II infrastructure fund has acquired a 24.3% stake in French oil and...

13 February 2018
in
Renewables

Invenergy closes Gratiot Wind refi

Invenergy has closed a refinancing of its 110.4MW Gratiot County wind project in Michigan. Joint lead arrangers are Natixis (also administrative agent, collateral agent...

13 February 2018

Outline of Trump infrastructure plan finally aired

The outline of the long-awaited $1.5 trillion infrastructure initiative has been unveiled by the White House that proposes a $200 billion government commitment over ten...

13 February 2018
in
Renewables

MagneGas seeking project finance

Florida-based MagneGas Corporation has signed a letter of intent to form an Ireland-based holding company for the express purpose of acquiring 100% of Infinite Fuels, a...

13 February 2018
in
Power

Ranhill receives conditional award for 300MW power project in Sabah

Ranhill Holdings Bhd subsidiary SM Hydro Energy Sdn Bhd has been issued a conditional letter of award from Malaysia's Energy Commission for a project to develop a...

13 February 2018
in
Power

Mott MacDonald engaged on cost-to-complete study Visa power project

Mott MacDonald have been called in to evaluate the cost of completing a stalled thermal power project by its lenders as part of the insolvency resolution process. Visa...

13 February 2018
in
Infrastructure, Transport

Northern Marmara PPP closed and drawn

The debt package for the second and third parts of the Northern Marmara Motorway PPP project in Turkey has reached financial close and the first drawdown taken. The...

13 February 2018

collectAI launches in UK through partnership with Pay360 by Capita

collectAI, a Hamburg-based AI account receivables management company, has officially expanded into the UK through a partnership with Pay360 by Capita.

13 February 2018
in
Renewables

Orsted hones plan for Hornsea 3 wind farm

Following the recently completed statutory consultation period, the Danish renewables developer Orsted has revised its plans for the 2.4GW Hornsea 3 wind farm off the...

13 February 2018
in
Renewables

Warradage wind financing out to banks

DIF and Western Australia government-owned Synergy are said to be in talks with banks for their jointly owned 180MW Warradage wind project in Western Australia. Once...

13 February 2018
in
Infrastructure, Transport

Pendang uses land-swap model to fund tunnel concession

The Penang State government in Malaysia has responded to criticism of a 6.3km undersea tunnel concession awarded to Consortium Zenith Sdn Bhd via an open tender. The...

13 February 2018
in
Power, Renewables

Carnegie Clean Energy preferred bidder for Mungari Solar project

The Western Australian Department of Jobs, Tourism, Science and Innovation (JTSI), in collaboration with LandCorp, has appointed Carnegie Clean Energy as preffered bidder...

13 February 2018

Deep cold storage for crypto-commodities is launched

Regal RA DMCC, a subsidiary of Regal Assets, has launched a "deep cold storage" solution for investors and traders. Crypto-commodities owners can now store...

13 February 2018

Ripple fuels UAE Exchange's cross-border payments

UAE Exchange has chosen Ripple's blockchain technology to power its real-time cross-border payments. It joins RippleNet, its enterprise blockchain network with over...

13 February 2018

Visa buys payments firm Fraedom

Visa is to buy Fraedom, a Software-as-a-Service technology company providing payments and transaction management solutions, for an undisclosed sum. Fraedom has been a...

13 February 2018

Nordic banks strive for harmonised cross-border payments infrastructure

A group of major Swedish, Danish, Norwegian and Finnish banks - Danske Bank, DNB, Handelsbanken, Nordea, OP Financial Group, SEB and Swedbank - have banded together to...

13 February 2018

Finnish e-invoicing group Zervant raises €6m

Finnish e-invoicing start-up Zervant has raised €6 million in a funding round led by local VC and private equity firm Tesi. Zervant says it plans to use the cash...

13 February 2018
in
Renewables

EnBW buys into Taiwanese offshore wind projects

Energie Baden-Wurttemberg AG (EnBW) has agreed to buy 37.5% stakes in three offshore wind projects in Taiwan's Changhua region. In its first project outside Europe,...

13 February 2018
in
Power, Renewables

North London Waste Authority seeks contractors for £650m power project

North London Waste Authority (NLWA) has organised an industry open day to engage with contractors for the £650 million North London Heat and Power Project (NLHPP)...

13 February 2018

Bachmann & Welser introduce range of bank instruments

Bachmann & Welser Global Group & Subsidiaries have introduced bank guarantees, stand by letters of credit and letter of credit instruments to help clients in...