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27 February 2018
in
Chemicals/Petrochemicals

Tricon Energy buys Noble's petrochemical business

US-based Tricon Energy is to buy Noble Group's petrochemicals business, with the $10.1 million deal expected to close within the next 60 days. Tricon will assume an...

27 February 2018

EBRD and IFC boost retail sector in Western Balkans

The European Bank for Reconstruction and Development and International Finance Corporation have agreed €164 million in loans to the investment firm Hystead to boost...

27 February 2018

DBRB export loans hit new high in 2017

The Development Bank of the Republic of Belarus (DBRB) issued 2.4 times more export loans in 2017 than 2016. It sealed a total of 21 export loan agreements worth Br415.8...

26 February 2018

Opportunity of the day: RPCL floats international tender to appoint EPC for its 360MW CC power plant project

Bangladesh's Rural Power Company Limited (RPCL) has called for international bids to appoint the owner's engineer for project management and construction...

26 February 2018
in
Infrastructure, Transport

EBRD finances development of Montenegro's main port

The European Bank for Reconstruction and Development is providing a loan of €20 million to support the development of Port of Bar, Montenegro's main sea port....

26 February 2018

AOT Energy faces key departures, considers sale

Senior executives are leaving Swiss commodities trader AOT Energy amid a shrinking credit line and losses in some trading operations. Lance Perdue, managing director for...

26 February 2018

EBRD offers massive expansion of motorways in Bosnia and Herzegovina

The European Bank for Reconstruction and Development (EBRD) is offering a massive increase in its support for the development and modernisation of the road infrastructure...

26 February 2018

UKEF helps Hull firm secure cooling equipment contract in Nigeria

Hull-based heating, ventilation and air conditioning supplier North Sea Ventilation has secured a £500,000 order to supply cooling equipment to oil and gas company...

26 February 2018

Banking industry hit by losses in commodities

The banking industry lost money in commodities last year, according to research group Coalition Development. Operating margins for banks in commodities were -2% in 2017,...

26 February 2018

Allianz attempts to 'squeeze-out and delist' Euler Hermes

German insurer Allianz is launching a further tender offer for the remaining 5% of Euler Hermes shares held by minority shareholders that would result in a squeeze-out...

26 February 2018

Veem announces first API partners

US B2B payments platform Veem is expanding as third parties integrate its capabilities via application programming interface (API). Veem is working with logistics company...

26 February 2018
in
Infrastructure, Other

RfP issued for Riverside County library PPP

California's Riverside County Economic Development Agency has issued a request for proposals for a project to develop three new state-of-the-art libraries in the...

26 February 2018

FourKites raises $35m in Series B funding

FourKites, a Chicago-based provider of a predictive supply chain platform, raised $35 million in Series B funding. The company intends to use the funds for its geographic...

26 February 2018
in
Infrastructure, Other

EllisDon awarded $956m contract for Toronto courthouse

 Infrastructure Ontario (IO) and the Ministry of the Attorney General (MAG) have awarded a fixed-price $956.4 million contract to EllisDon for the Toronto courthouse...

26 February 2018
in
Infrastructure

IO issues RfQ for Halton Region Consolidated Courthouse

Infrastructure Ontario (IO) and the Ministry of the Attorney General (MAG) have issued a request for qualifications for interested parties to design, build, finance...

26 February 2018

Are firms' poor accounts payable practices putting UK SMEs at risk?

The UK economy would be boosted by as much as £2.5 billion if small and medium-sized enterprises were paid on time, according to the Federation of Small Businesses....

26 February 2018

Mazars opens Toronto office and launches Infra Finance team

International advisory services firm Mazars has opened its second Canadian office in Toronto where its newly launched Infrastructure Finance business unit for the...

26 February 2018
in
Renewables

Nigerian solar: Developers, DFIs and delays

Nigeria’s plan to finance 14 utility-scale solar IPP projects by the end of June 2018 is looking uncertain. Potential DFI appetite is waning as state-owned offtaker...

26 February 2018
in
Infrastructure, Other

RfP issued for Macdonald Block Complex reconstruction project

Infrastructure Ontario (IO) has issued a Request for Proposals  to design, build, finance and maintain the 45-year old government buildings known as the...

26 February 2018
in
Infrastructure, Transport

Lendlease to oversee Euston station redevelopment masterplan

The UK transport secretary has approved  the HS2 choice of Lendlease for the £40 million long-term contract to oversee the planning and development of the 54...