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14 August 2017

PPA issues resolved for $2bn Ethiopian geothermal project

Project company Corbetti Geothermal and Ethiopian Electric Power (EEP) have agreed on all the pending PPA issues for the two-phased 1GW project in the Tulu Moye...

14 August 2017

Fourchon LNG starts FERC permitting activity

The Energy World Inc. project company has initiated the prefiling review process with the U.S. Federal Energy Regulatory Commission for the $888 million LNG export...

14 August 2017

AG&P to develop LNG receiving terminal in the Philippines

Energy provider PT. Energi Nusantara Merah Putih (ENMP) and Bantaeng Industrial Park (KIBA) tenants have signed a Heads of Agreement to develop a 600MW...

14 August 2017
in
Infrastructure

Bangladesh awards 20-year cable concessions

The government of Bangladesh has awarded 20-year fibre-optic cable broadband concessions to Fiber@Home and Summit Communication under its Digital Bangladesh...

14 August 2017

Event-triggered finance is still about the approved invoice

Although the trade finance industry has made great progress with approved invoices, secured lines of credit tied to collateral such as receivables and inventory remain...

14 August 2017

Microsoft unveils open-source blockchain framework

Microsoft has unveiled its new Coco (Confidental Consortium) Framework, a system that it says connects to various blockchain networks to solve concerns around issues such...

14 August 2017

Philippines' exports expand 0.8%

The Philippines' total exports expanded 0.8% year-on-year in June to $4.91 billion, while its imports shrank 2.5% to $7.06 billion, giving it a significantly smaller...

11 August 2017
in
Transport

Moscow Central Ring 3: Cashphalt costs

At the end of July the sponsors of the Moscow Central Ring Road section III concession reached financial close with a mix of public grants and domestic bank debt. The...

11 August 2017
in
Oil & gas

Apex Oil secures RCF refi

US-based Apex Oil has secured an extension to its credit agreement with a syndicate of international lenders. The $750 million two-year senior secured revolving credit...

11 August 2017

Coface raises €700m three-year loan

Coface has raised a €700 million ($823 million) three- year loan from Natixis, Societe Generale, BNP Paribas, Credit Agricole, and BRED as part of its...

11 August 2017

PayPal to buy Swift Financial to boost SME lending

Paypal is buying Delaware-based Swift Financial to boost its small lending division and says Swift's technology will give it the ability to assess supplementary...

11 August 2017

Populous raises $10m, launches invoice finance platform

Blockchain-based invoice finance platform Populouos has raised more than $10 million and has now officially launched in pilot phase. The fintech uses the cryptocurrency...

11 August 2017

Development Bank of Kazakhstan to offer financing for non-oil export trade

The Development Bank of Kazakhstan (DBK), a subsidiary of Baiterek National Holding, is seeking to provide financing for 13 non-oil exporters as part of the Nurly Zhol...

11 August 2017

Developers agree swap of Dogger Bank wind projects

Norwegian Statoil, the UK's SSE and German Innogy who are targeting 4.8GW of offshore wind at Dogger Bank, have signed a swap agreement giving Innogy 100%...

11 August 2017

Northern Pass receives FEIS permit from the US DOE

Northern Pass has been issued with the Final Environmental Impact Statement for its 192-mile hydroelectric power transmission project from the Canadian border in...

10 August 2017

TXF Venice talk: EIB on financing new developments

TXF caught up with Paolo Munini, coordinator of the R&D task force at the European Investment Bank, to talk about his role in helping facilitate financing to corporates...

10 August 2017

Evelyn Hartwick to join the AIIB

Evelyn Hartwick is set to join the Asian Infrastructure Investment Bank (AIIB) in Beijing in mid-November. Her primary focus will be on the creation of flexible financing...

10 August 2017

HSBC and IBM develop cognitive intelligence solution to digitise global trade

HSBC is teaming up with IBM to develop a cognitive intelligence solution combining optical character recognition with advanced robotics with the aim of making global...

10 August 2017

Thailand Exim eyes Cambodia market

The Export-Import Bank of Thailand (Thailand Exim) is set to open representative offices in Cambodia and Laos later this year as part of its plans to expand in the...

10 August 2017

$550m Danish seed investment in new Africa infra fund

The Africa Infrastructure Fund I has been launched by three Danish pension groups (PensionDanmark, PKA and Laegernes Pension) and A P Moller Holding with a focus on...