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19 April 2018
in
Renewables

Albania to scrap VAT on PV imports

The Albanian finance and economy minister has announced that the government is considering the scrapping of the 20% VAT charged on imported photovoltaic equipment.

19 April 2018
in
Renewables

Greenalia secures EIB funding for 50MW biomass project

Spanish forestry and energy group Greenalia has secured up to €60 million of funding from the European Investment Bank (EIB) for its 50MW Greenalia Biomass Power...

19 April 2018
in
Renewables

Texas PUC has reservations on SPS's wind generation requirements

The Texas Public Utility Commission has pressed Southwestern Public Service (SPS) for detailed information concerning its plans for an additional 1.23GW of wind...

19 April 2018
in
Renewables

Rantau Dedap seals tightly priced JBIC/NEXI-backed facility

Sponsors of the 97MW Rantau Dedap geothermal power plant in Indonesia – Engie (33.3%), Supreme Energy (33.3%), Marubeni (16.6%), and Tohoku Electric Power...

19 April 2018
in
Chemicals/Petrochemicals, Oil & gas, Power, Renewables

Orion Energy opens Houston office

Infrastructure equity provider Orion Energy Partners has opened an office in Houston, having partnered on five projects in the region in the past two...

19 April 2018

IFC, Swiss Re Corporate Solutions mobilise $500m for emerging markets infrastructure

The International Finance Corporation has teamed up with Swiss Re Corporate Solutions to expand its Managed Co-Lending Portfolio Program by $500 million. The move will...

19 April 2018
in
Metals and Mining

Nemaska secures $150m streaming deal for Whabouchi lithium project

Nemaska has come to an arrangement with Orion Mine Finance Group for an equivalent of 8.7% net portion of the stream product sales from the proposed Shawinigan...

19 April 2018

Britain reviews powers of its accounting watchdog

Britain has launched a "root and branch" review of its audit watchdog after corporate scandals raised questions about its ability to police how accountants...

19 April 2018

Bulgarian Development Bank signs MoU with five lenders

The Bulgarian Development Bank has signed a memorandum of understanding with the development banks of Croatia, Hungary and Macedonia, the Black Sea Trade and Development...

19 April 2018

Standard Chartered partners with CDC on $150m SCF programme

CDC Group, the UK's development finance institution, and Standard Chartered have signed a memorandum of understanding for a supply chain finance programme that will...

19 April 2018

Herbert Smith Freehills raids Watson Farley Williams for asset finance partners

Herbert Smith Freehills has picked up four asset finance partners from Watson Farley Williams, including Siva Subramaniam and Samuel Kolehmainen from the latter's...

19 April 2018

Mayer Brown expands new Tokyo office with partner duo

Mayer Brown has hired banking and finance specialist Shri Maski and corporate expert Gordon Palmquist as partners at its recently opened Tokyo office from Ashurst and...

19 April 2018

Blockchain’s unassuming threat to banks

Fintech innovation is often seen as a threat to the traditional banking status quo - at least, that is, until traditional FIs begin acquiring, partnering with or...

19 April 2018

Noble amends restructuring plan in race for shareholder support

Embattled Hong Kong-headquartered trader Noble Group is removing a provision in its $3.4 billion debt restructuring proposal that penalised shareholders voting against...

18 April 2018
in
Metals and Mining

Rio Tinto flags changes to 2018 aluminum output after US sanctions

Australian-British miner Rio Tinto flagged possible changes to its 2018 aluminum output following US sanctions on its Russian partner Rusal earlier this month. The...

18 April 2018

GTreasury and Visual Risk join forces

Chicago-based Treasury Management Systems provider GTreasury has bought and will merge with Visual Risk, an Australian-based risk management and compliance software...

18 April 2018

Japanese trio to offer trade insurance in Vietnam

Three major Japanese nonlife insurance companies will introduce new trade insurance to support Japanese companies' advancement to Vietnam, with help from Nippon...

18 April 2018
in
Oil & gas

Gunvor agrees to disclose payments to governments

Geneva-headquartered oil trader Gunvor Group is to join rival Trafigura in disclosing some of the billions of dollars it pays to governments and national oil companies...

18 April 2018
in
Oil & gas

Glencore, China Petroleum among groups shortlisted for Zambia refinery stake

Zambia has shortlisted five groups - Glencore Energy, China Petroleum Technology & Development, Russia's JSC Global Security, Sahara Energy Resources, and a...

18 April 2018

ICC UK calls for unified voice for progress on digital trade

Many barriers to digital trade, such as misaligned national regulations, poor infrastructure, low use of electronic payments, undeveloped legal systems, low purchasing...