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04 May 2017

Mercuria refinancings taking shape

Swiss-based commodity trader Mercuria is set to alter the arrangements of its credit facilities by changing the lenders in its banking pool. The company, founded in...

04 May 2017

Willis Towers Watson hires Hiscox duo to political risk team

Advisory, broking and solutions company Willis Towers Watson has hired Claire Simpson and Victoria Padfield to its political risk and trade credit team in London. They...

04 May 2017

Joerg Motel is new ASEAN head at Commerzbank

German lender Commerzbank has made Joerg Motel new country chief executive officer ASEAN and head corporates international, based in Singapore. Jochen Mueller succeeds...

04 May 2017

ADM: Gary McGuigan to lead global trade desk

US-based trader Archer Daniels Midland (ADM) has revealed that Gary McGuigan, most recently managing director of global trade, will succeed Gary Towne as president of the...

04 May 2017

New Natixis role for Christopher Lovgren

Christopher Lovgren has been appointed global head of high yield corporate distribution and trading at Natixis's Corporate and Investment Banking. He was formerly...

04 May 2017

Perfect 10 Angola LNG: Cash in a challenging climate - a TXF commodity finance Deal of the Year

Despite Angola and most of Angola LNG’s sponsors being downgraded during negotiation of a five-year $1.79 billion loan, the structured medium term corporate borrowing...

03 May 2017

Opportunity of the day: Industrial residue treatment plant with total capacity of 220,000T/Y - China

Hubei Weichen Environmental Technology Co Ltd, a subsidiary of Grandblue Environment Co Ltd, will develop an industrial residue treatment project in Huangshi. Grandblue...

03 May 2017

Filling the gap? OTC traders look to banks for structured funds

Following a move by major commodity financiers away from OTC brokerage in the wake of the financial crisis hedging solutions providers have moved into the space. Amius’...

03 May 2017

Strukton awarded $550m Palmerah Tidal Bridge Project

The first phase will see the construction of an 800m long floating bridge in the Larantuka Strait, located in East Flores, Indonesia. A 18-23MW...

03 May 2017

Sheikhoo Power seeks permit for 30MW biomass project

The $34.9 million project in Anwarabad, Muzaffargarh district, intends to use bagasse as the sole fuel for the electricity generating process. The sugar mill will sell...

03 May 2017

Principle Power and Mitsui ink Floating Offshore Wind agreement

The Californian developer of a floating wind turbine foundation and the Japanese heavy industry manufacturer Mitsui Engineering & Shipbuilding have signed a...

03 May 2017

Bunge profit slumps on weak agribusiness margins

US-based agricultural trader Bunge saw first-quarter profits drop as weak demand from South America weighed on margins in its agribusiness. Earnings before interest and...

03 May 2017

Vietnam’s Nghi Son 2 IPP expected to sign PPA soon

The signing of the 25-year power purchase agreement (PPA) for the 1,200MW Nghi Son 2 coal-fired power plant in Vietnam’s central province of Thanh Hoa is...

03 May 2017

Goldwind secures 160MW Rattlesnake wind project financing

Chinese wind turbine manufacturer Xinjiang Goldwind Science & Technology Co has received tax equity finance commitments from Berkshire Hathaway Energy unit...

03 May 2017

Andhra Pradesh tenders for 100 MW Ananthapuramu-II solar park

Indian state utility APGENCO has released details for the proposed $70 million project to be built in Talaricheruvu. The first 100MW tranche at the solar park was awarded...

03 May 2017

Ophir Energy signs for Fortuna FLNG project

The oil and gas company has signed an umbrella agreement with OneLNG and La Compania Nacional De Petroleos De Guinea Ecuatorial - thereby confirming its participation in...

03 May 2017

Societe Generale and Macquarie Capital advise on Rio Grande LNG

Texas-based developer NextDecade has appointed the joint financial advisors for the Rio Grande LNG export facility and Rio Bravo Pipeline project located at the Port of...

03 May 2017

SACE appoints Sandeep Babbar as head of Mumbai office

Sandeep Babbar has been named the new head of Mumbai office at Italy's SACE. Babbar has previously worked extensively with ECAs, including Export-Import Bank of Korea...

03 May 2017

Infinergy eyes second extension to Lochluichart Wind Farm

The renewable developer has submitted plans for an eight-turbine expansion of the 69MW wind farm in Scotland, owned and operated by Eneco UK. The proposed site is...

03 May 2017

Working capital key for Puerto Rico SMEs, says Biz2Credit

Working capital finance is a key need for Puerto Rican SMEs, according to the CEO of Biz2Credit, which under a new partnership with Puerto Rico's Oriental Bank...