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15 May 2017

The Philippines plans $14bn highway and bridge mega-project

Philippine National Construction Corp (PNCC) and San Miguel Corp (SMC) are in discussions about the planning of a 388km highway to connect Samar Island to Lucena...

15 May 2017

Mitsubishi invests $1.2bn in largest Latin American wind farm

The Japanese conglomerate is investing in the 396MW Eolica del Sur located in the Mexican municipalities of Juchitan and El Espinal. A 35% reduction in electricity...

15 May 2017

$238m IFC funding for Triconboston wind portfolio

The International Finance Corporation will provide $66 million and mobilise a further $172 million for three 50MW Triconboston Consulting  Corporation wind...

15 May 2017
in
Power

ACWA relocates power project to Luxor

The Egyptian government has tasked the state of Luxor with allocating the required land for a 2.25GW power project that was originally destined for Beheira. Transmission...

15 May 2017

Adani Green Energy looking to fundraise $200m equity capital

The renewable energy arm of India's Adani Group is seeking to raise funds to build a 2GW pipeline of projects. So far the development of projects has been self funded...

15 May 2017

First Indian success in Brazil for Sterlite Power with $200m transmission projects

The Indian power company has won two lots at the transmission auctions organised by Brazil's power regulator Agencia Nacional de Energia Eletrica. A total of 31 power...

15 May 2017

Italian investment in €40m Calabar waste-to-energy project

Management Environmental Finance is looking to establish a municipal solid waste-to-energy project in the Cross River State of Nigeria. The state governor has confirmed...

15 May 2017

Vogtle owners set to cap Toshiba's obligations on Westinghouse liabilities

The owners of the unfinished Vogtle nuclear power plant in Georgia are set to put a figure on the liabilities of Toshiba following the chapter 11 bankruptcy filing of its...

15 May 2017

Perfect 10 Liwa Plastics: Financing in the fast lane - a TXF ECA/project finance Deal of the Year

Despite a low oil price environment and ratings pressure on the sovereign, state-owned Oman Oil Refineries and Petroleum Industries Company (Orpic) closed the largest...

15 May 2017

ICC UK AGM: Building Bridges Post-Brexit

The International Chamber of Commerce UK's Annual General Meeting on 24 May will be followed by a panel session, 'Building Bridges Post Brexit'. It takes...

15 May 2017

Teck Resources sells Waneta Dam hydro interest for $877m

The operator of an integrated zinc and lead smelting and refining complex in British Colombia is divesting its two-thirds stake in the 2,750GWh per annum hydroelectric...

15 May 2017

ATI supported $4bn worth of trade and investments in 2016

The African Trade Insurance Agency (ATI) supported $4 billion worth of trade and investments in 2016. In ATI's two newest member countries, Ethiopia and Zimbabwe, it...

15 May 2017

SBA chief urges SMEs to export but highlights trade finance challenges

The head of the US Small Business Administration (SBA) spoke in front of the UN to urge SMEs to trade globally but also highlighted the challenges of globalisation and...

15 May 2017

China CFOs upbeat on economic outlook

CFOs in China are more optimistic about their firms' economic outlook, despite policy uncertainties and geopolitical concerns, according to the Q1 findings of the...

15 May 2017

Olam posts 26.6% rise in Q1 profit

Singapore-headquartered commodity trader Olam International has reported a 26.6% rise in its first quarter profit to S$143.9 million from S$126.1 million in the same...

15 May 2017

EBRD finances irrigation in three regions of Kazakhstan

The European Bank for Reconstruction and Development (EBRD) has agreed a $180 million financing package to upgrade irrigation systems in Kazakhstan. The government of...

15 May 2017

Trade groups say China's new cybersecurity law violates free-trade pledges

A coalition of 54 business groups from the US, UK, Japan and other countries has appealed to Beijing to postpone enforcing a cybersecurity law they argue violates...

15 May 2017

US blocks trade commitment as G7 meeting closes

The US maintained its opposition to a free trade commitment between leading western industrial nations as the G7 finance minister meeting wrapped up on Saturday. It also...

15 May 2017

MUFG: Banks risk over-reliance on new technology

Focusing too much on innovation and the introduction of new technology can put banks at risk of neglecting tried and tested processes and technology that could be adapted...

15 May 2017

Equinox raising $250m for Kenyan biomass project

UK-based renewable energy equity investor Equinox Energy Capital is fundraising for a project to generate power from the invasive weed water hyacinth that covers large...