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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...

03 May 2017

EY report: Africa presents a mixed FDI picture

Heightened geopolitical uncertainty and "multispeed" growth across Africa present a mixed foreign direct investment (FDI) picture for the continent, according...

03 May 2017

Perfect 10 Kernel: Sowing seeds for longer tenor debt - a TXF commodity finance Deal of the Year

Kernel improved pricing on its annual PXF in 2016 but did not find appetite for upping the tenor. Having done the groundwork in 2016, and following a successful five-year...

03 May 2017

FLEETCOR acquires Cambridge Global Payments

US payments company FLEETCOR Technologies has expanded into cross-border payments with the acquisition of Toronto-based Cambridge Global Payments for $675 million....

03 May 2017

Flywire payments and receivables platform to integrate with First Data network

International payment solutions provider Flywire and commerce-enabling technology company First Data are to form a reciprocal referral relationship aimed at streamlining...

03 May 2017

Lack of practical testing leaves gaps in banks' cybersecurity

A lack of comprehensive, practical testing is leaving gaps in banks' cyber defences, according to Accenture. While 78% of executives expressed confidence in their...

03 May 2017

US mid-market corporates wary of early payment finance

Early payment finance as a way of providing liquidity for mid-market corporates in the US remains peripheral at best, according to a survey of CFOs, treasurers and credit...

03 May 2017

Ten prequalify for Armenian 55MW solar tender

The Armenian Ministry of Energy Infrastructure and Natural Resources is looking to develop the $40-60 million PV project located in Masrik, Gegharkunik province, with...