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21 February 2018

Bachmann & Welser eye March launch of $2bn project finance fund

Trade finance specialist Bachmann & Welser is planning to launch the $2 billion B&W Global Project Finance Fund in March to coincide with the opening of its...

21 February 2018
in
Oil & gas

$500m Energean IPO planned for London

Greek energy company Energean is planning a $500 million IPO on the London Stock Exchange to add to the $1.25 billion raised by Israeli and international banks to develop...

21 February 2018
in
Power

Energoatom’s Opic-wrapped bonds: A post-ECA gift to borrowers?

Ukraine’s state-owned nuclear generator has closed a bond issue for a nuclear waste storage project at a cheaper rate than its parent, thanks to a first-of-its-kind...

21 February 2018
in
Power, Renewables

Orrick adds Doris to London team

Orrick has appointed Paul Doris as a partner in London. Doris advises on domestic and cross-border private equity and MA transactions, with a focus on wind and solar...

21 February 2018
in
Metals and Mining, Power

Altech Chemicals has manufacturing licence approved for HPA plant in Malaysia

Altech Chemicals has had its manufacturing licence for the proposed KfW IPEX-financed high purity alumina plant in Johor, Malaysia, approved. Issuing the formal...

21 February 2018

JBIC sets up joint Japanese Project Promotion Vehicle in Russian Far Eastern region

The Japan Bank for International Cooperation (JBIC) has signed a final agreement on the formation of a joint venture company to promote Japanese investment in the...

21 February 2018

Degussa Bank connects with Giromatch for faster loan decisions

Germany's Degussa Bank is to use a white-labeled direct API-based connection to local fintech startup Giromatch to provide clients with faster loan decisions and...

20 February 2018

Opportunity of the day: APC, Addar Group arm to develop $580m pygas, pyoil project in Jubail

The Saudi Arabia based-Advanced Petrochemical Company (APC) and Global Company for Downstream Industries (GDI), a subsidiary of the Riyadh-based Addar Group, have signed...

20 February 2018

SACE: Dario Liguti is new Chief Underwriting and Business Innovation Officer

Italy's SACE has appointed Dario Liguti as the new Chief Underwriting and Business Innovation Officer. He succeeds Alessandra Ricci, who was appointed CEO of SIMEST...

20 February 2018
in
Renewables

EETC pulls 18 bidders for West of Nile solar

Eighteen bidding teams have responded to pre-qualification for Egyptian Electricity Transmission Company’s (EETC) 600MW West of Nile solar PV project. The prequal...

20 February 2018
in
Renewables

Germany launches first joint solar and wind tender

Germany's Federal Network Agency (Bundesnetzagentur) has launched the first mixed round of tenders for large-scale solar and wind turbines. The German government...

20 February 2018

EIB: Marjut Santoni to be new Secretary General

The European Investment Bank (EIB) has appointed Marjut Santoni as Secretary General. She will start her new role on 1 March. From 2013 to 2015, she was Deputy Chief...

20 February 2018

Congo seeks relief talks with oil traders over $2bn debt

Congo Republic is set to become the latest African country to start debt relief talks with trading houses after borrowing $2 billion from merchants such as Trafigura and...

20 February 2018

World Bank approves $486m to improve Nigeria’s electricity transmission network

The World Bank has agreed to provide $486 million to Nigeria to support its Nigeria Electricity Transmission Project. The funds will be used to upgrade electricity...

20 February 2018

OVH Energy appoints Huub Stokman as CEO

Africa-focused OVH Energy has appointed Huub Stokman as its new Chief Executive Officer. He was previously the head of Puma Energy International in Angola. Before that,...

20 February 2018

Finastra unveils Fusion Treasury for Russia and CIS markets

Finastra has unveiled a tailored Fusion Treasury solution for Russia and the CIS. The local language solution enhances customer experience in Russian speaking markets....

20 February 2018

CPMI urges faster cross-border payments

The Committee on Payments and Market Infrastructures (CPMI) has released a paper pressing for faster cross-border payments at a global scale. Cross-border payments are...

20 February 2018

SME use of alternative finance on the rise

Traditional bank loans still reign as the top financing target for small business borrowers, but a new report by Mercator Advisory Group suggests alternative lenders are...

20 February 2018

Blockchain forces new conversation about trade finance shortage

Krishnan Ramadurai, the International Chamber of Commerce's Trade Register Project's new chair and HSBC's global head of capital management for trade and...

20 February 2018
in
Metals and Mining, Power

Dragged over the coals

Despite the endless stream of PR statements about banks exiting coal-related lending, none can actually track where the proceeds of loans to commodity traders go. When...