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15 December 2017
in
Renewables

Bishop Hill III construction financing closed

Invenergy has closed construction financing for its 132MW Bishop Hill III wind project in Illinois. Rabobank and NordLB acted are joint lead arrangers for the loan....

15 December 2017
in
Power

ContourGlobal to build 500MW coal-fired project in Kosovo

London-based power producer ContourGlobal and the Kosovo government have signed an agreement to develop the €1 billion Kosova e Re supercritical coal-fired...

15 December 2017
in
Renewables

Total Eren signs 70MW Indonesian wind farm letter of intent

Total Eren has signed a letter of intent with state-owned electricity company PLN to supply power from its proposed 70MW Tanah Laut wind...

15 December 2017

Al Baraka Banking Group overhauls Islamic core banking systems with iMAL

Al Baraka Banking Group, an international Islamic banking group, has opted for Path Solutions' iMAL, the Islamic core banking system. iMAL was selected to be the new...

15 December 2017
in
Infrastructure, Transport

Ernst & Young to advise on HART elevated rail PPP

Ernst & Young Infrastructure Advisors LLC has been selected by the Honolulu Authority for Rapid Transportation (HART) to study public-private partnerships...

15 December 2017

Ten supply chain predictions for 2018

Digital transformation is the key overriding theme, including a prediction that by 2019, 80% of supply chain interactions will happen across cloud-based commerce...

15 December 2017
in
Infrastructure, Waste and water

Bird joins consortium for Hartland Landfill wastewater treatment project

Bird Construction has joined the Hartland Resource Management Group consortium selected as the preferred proponent to design, build, finance, operate and maintain a...

15 December 2017
in
Oil & gas

Pengerang Terminals 2 loan signed

Pengerang Terminals Two – a joint venture between Petronas subsidiary PRPCUF (40%), Dialog Group (25%), Vopak (25%) and Johor state (10%) – signed the $1.25...

15 December 2017

Japan's Mitsui OSK Lines, IBM to trial blockchain in cross-border trade

Japanese shipping firm Mitsui OSK Lines and partners including IBM are to undertake a blockchain proof-of-concept looking to streamline international trade flows. The...

15 December 2017
in
Renewables

Atlantis joins the GFG Alliance family

UK tidal energy company Atlantis Resources is to acquire GFG subsidiary Simec Energy's monthballed Uskmouth power project in exchange for 49.9% of the company. The...

15 December 2017
in
Agri/Soft Commodities

Bunge Finance Europe closes RCF refi

Bunge Finance Europe, a subsidiary of US commodity trader Bunge, has closed its $1.75 billion revolving credit facility (RCF) refinancing. The deal was launched in...

15 December 2017

UK SMEs still struggling to access financing

Small and medium-sized enterprises in the UK are still largely struggling to access financing, despite a recent influx of competition in the banking and finance space,...

15 December 2017
in
Power, Transport

Allianz, MIRA and Valtion buy Finnish heat and power distributor Elenia

Allianz Capital Partners (ACP), Macquarie Infrastructure and Real Assets (MIRA) and Valtion Elakerahasto (VER) have agreed to acquire the Finnish electricity distribution...

15 December 2017
in
Oil & gas

Four banks now involved in BHP shale asset exit

BHP's bad experience with US shale assets in the Eagle Ford, Permian, Haynesville and Fayetteville basins has led it to hire Barclays and Bank of America-Merrill...

15 December 2017
in
Metals and Mining

Maaden closes on amend-and-extend revolver

Saudi Arabian Mining Company (Maaden) has closed an amend-and-extend on a murabaha revolver that was due to mature at the end of December. The facility, which was...

15 December 2017
in
Power, Renewables

Veolia renews Reims Energy Recovery Plant contract

The French local government of the Greater Reims area has awarded Veolia a nine-year contract renewal to operate the Reims Energy Recovery Plant worth €95 million. A...

15 December 2017
in
Infrastructure, Oil & gas, Transport

WFW advises Teekay LNG joint venture on $1.6bn financing for icebreaker LNG carrier newbuildings

Global law firm Watson Farley & Williams has advised Teekay LNG Partners and its joint venture partner China LNG Shipping (Holdings) on the $1.6bn...

15 December 2017
in
Infrastructure, Transport

Government to tender Copenhagen S-Train operations

The operation and maintainance of Copenhagen's 170km, 84-station S-Train network will put out to tender in a public-private partnership. The Danish parliament has...

15 December 2017

StanChart announces $20bn support for Belt & Road initiative

Standard Chartered Bank has announced a further commitment to support China's Belt & Road initiative by facilitating financing to the value of at least $20...

15 December 2017
in
Renewables

KfW IPEX finances wind farm in Argentina, EKF provides cover

KfW IPEX-Bank is financing seven Vestas V126-3.45MW wind turbines for Parque Eolico del Sur and its partner 3 G.A.L with a corporate finance loan of $21.8 million. Danish...