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04 December 2017

Korea hikes bilateral concessional loans to Sri Lanka to $500m

South Korea has increased bilateral concessional loans for Sri Lanka, from $300 million to $500 million through the Export-Import Bank of Korea. Priority will be...

04 December 2017

New CEO announced for African potash junior Danakali

CEO of potash junior Danakali, Paul Donaldson, will transition from his role as CEO and MD to non-executive director, before the end of 2017. Danny Goeman, a highly...

04 December 2017

EIB grants loan to Raiffeisenverband Salzburg

The European Investment Bank (EIB) is granting Raiffeisenverband Salzburg (RVS) a loan of €38 million. This transaction will provide RVS with long-term funding...

04 December 2017

NIB lends for municipal investments in Tartu, Estonia

Nordic Investment Bank and the City of Tartu in Estonia have signed a €20 million loan agreement with a tenor of up to 20 years to finance municipal investments in...

04 December 2017

Olam sells Californian edible nuts farmland assets for $110m

Singapore-headquartered Olam International has received $110 million from the sale of 5,100 acres of edible nuts farmland assets in California to Farmland Partners. Olam...

04 December 2017

AfDB loans €150m for development of 420-MW Nachtigal hydro in Cameroon

The African Development Bank has approved a $178.3 million loan to help finance development of the 420MW Nachtigal hydro power project in Cameroon. Nachtigal will be a...

04 December 2017
in
Renewables

CIP partners on Star of the South wind project

Copenhagen Infrastructure Partners (CIP) on behalf of the Copenhagen Infrastructure III K/S fund has entered into an agreement with Offshore Energy Pty to partner on...

04 December 2017
in
Infrastructure, Power, Waste and water

Fujairah 1 IWPP bond closed at 4.45%

The $400 million Fujairah 1 IWPP bond refinancing closed last week at the lower end of revised pricing following around $2.3 billion of orders. Globally coordinated by...

01 December 2017

Opportunity of the day: Argentina renewable energy tender sees 66 projects awarded totaling 1.41GW

Genneia SA, Parque Arauco SAPEM, Central Puerto SA, YPF SA, Envision Energy Limited, 360Energy, and Monteverdi and Gray Group Limited were awarded contracts to build...

01 December 2017
in
Infrastructure, Transport

Nacala Logistic Corridor: a private-private partnership

The largest infrastructure project financing in Africa to date, the complex dual-jurisdiction set of agreements for the $2.7 billion Nacala rail financing has lessons for...

01 December 2017
in
Infrastructure, Transport

Lamu-Isiolo road PPP concession awarded

Kenya National Highways Authority (KNHA) and the Lamu Road Consortium (comprising Group Five Proprietary Ltd, a South African group of investors and Development Bank of...

01 December 2017

UKEF to launch new supply chain product

New minister for trade and export promotion, Baroness Rona Fairhead, today announced that UKEF are to launch a new product to support UK exporters and their supply...

01 December 2017
in
Renewables

Ethiopia receives RFQs for two solar projects

Ethiopian Electric Power (EEP) has received responses to an RFQ for 250MW of capacity to be developed under the IFC’s scaling solar programme. EEP is planning to...

01 December 2017
in
Infrastructure

EIB signs first loan with Afreximbank

The European Investment Bank (EIB) has signed a €100 million ($119 million) seven-year loan with the African Export Investment Bank (Afreximbank) to finance projects...

01 December 2017
in
Oil & gas

Pakistan looks for new LNG suppliers

Pakistan is said to be in liquefied natural gas (LNG) supply talks with France, Italy and Spain. The negotiations could lead to contracts for Engie, Eni and Gas Natural...

01 December 2017
in
Infrastructure, Transport

EBRD joins IFC on Olvia and Kherson ports PPP

The Ukrainian government and the EBRD have signed an agreement that mandates the bank’s Infrastructure Project Preparation Facility (IPPF) to work with IFC PPP...

01 December 2017

Raiffeisen closes project and corporate loan synthetic ABS

Raiffeisen Bank International (RBI) has entered into a €1.2 billion ($1.42 billion) synthetic securitisation of corporate and project loans generated by its Slovak...

01 December 2017
in
Oil & gas

China Tian Lun Gas raises working capital

China Tian Lun Gas Holdings has signed a HK$1.25 billion ($160 million) five-year loan for refinancing and working capital. The deal comes with guarantees from the...

01 December 2017
in
Renewables

Fortum buys 35MW of Russian solar from Hevel

Finnish clean-energy company Fortum has agreed with Russian solar power company Hevel Group to buy the 10MW solar developments at Pleshanovskaya and Grachevskaya...

01 December 2017
in
Oil & gas

Haynesville gas shale making a comeback

The Haynesville Shale in East Texas and north-west Louisiana was shunned for more promising prospects when oil and gas prices plunged. Now...