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28 July 2017
in
Transport

Financial close on I-395 Express Lanes project

Transurban has reached financial close on the $475 million I-395 Express Lanes project in the US. The project debt comprises $233 million in private activity bonds...

28 July 2017

IIF acquires majority stake in Ireland's Enet

The Irish Infrastructure Fund (IFF), backed by the Irish Government’s Ireland Strategic Investment Fund has acquired 78% of the broadband firm...

28 July 2017

Allianz, EDF and DIF buys stake in Autostrade per I’Italia

The consortium made up of Allianz Group (60%), EDF Invest (20%) and DIF (20%) has acquired a 6.94% stake in Europe's largest motorway toll concession asset...

28 July 2017

Fraport signs for $1.5bn Lima Airport expansion

Lima Airport Partners (LAP), comprising of majority stake holder Fraport, the IFC and  AC Capitales SAFI of Peru, has signed an amendment to its 2001 concession...

28 July 2017

Bank of England names Sir Dave Ramsden as deputy Governor

The UK government has appointed Sir Dave Ramsden as deputy Governor of the Bank of England, where he will focus on markets and banking, including the implementation of...

28 July 2017
in
Transport

Fincantieri's STX France deal hits wall after Macron opts to nationalise yard

Italian shipbuilder Fincantieri’s plan to acquire a majority stake in shipbuilder STX France has been thwarted after the French government opted to nationalise the...

28 July 2017

Libor could disappear by 2021

British regulators want to phase out Libor by 2021, replacing it with new rates that will be closely tied to more active markets for loan transactions. The benchmark...

28 July 2017

Thai approval for $3bn Bangkok metro extension

The Cabinet has announced approval for a project to double the length of Bangkok metro Purple Line to include the addition of 17 stations, 12.6km of tunnel and an...

28 July 2017

UK targets preferential trade terms with Mexico after Brexit

Mexico and the UK have begun informal talks towards maintaining Britain's preferential trade deal with Mexico after Brexit, according to UK international trade...

28 July 2017

US Federal Reserve publishes real-time payments report

The Federal Reserve has responded to years of prodding over the US's outdated payments system, publishing ten recommendations including developing rules and standards...

28 July 2017

Turk Eximbank seals $200m loan from China Development Bank

Turk Eximbank has signed a 3-year $200 million loan with the China Development Bank in a bid to boost Turkish exports. 

28 July 2017

Euler Hermes releases 2017 H1 results

Euler Hemres released its 2017 H1 report this week highlighting sustained profitability and improved commercial developemnts in Europe.

28 July 2017

Afeximbank signs $200m facility with Arab contractors

The Afrcian Export-Import Bank (Afreximbank) has granted a $200 million multi-currency guarantee facility to enable Osman Ahmed Osman & Company to...

27 July 2017
in
Infrastructure, Oil & gas, Transport

Risk or reward: Is Iran bankable?

Some economic sanctions were lifted 18 months ago and Iran is open and keen for business. However, the commercial bank sector is far from tapping into the immense...

27 July 2017

Registration open for 44th International Trade and Forfaiting Conference

The 44th International Trade and Forfaiting Conference is to be held in Edinburgh in early September, set to play host to a large trade finance crowd.

27 July 2017

Finance and procurement teams remain blind to eProcurement's potential

While strategic supplier management, contract negotiations, electronic sourcing and transacting have the power to generate big savings and improved bottom lines at...

27 July 2017

US firms' better working capital performance masks inefficiency

While delaying payments is boosting the cash conversion cycle - or working capital performance - of US companies, they are also less efficient at managing inventory...

27 July 2017

Black & Veatch win EPC contract on first FLNG project in India

A subsidiary of Mumbai-based Swan Energy is developing the $869 million FSRU-based LNG import terminal at the port being developed in Jafrabad.  Four 20-year offtake...

27 July 2017

PSEG awards three Long Island fuel cell projects

FuelCell Energy Inc will supply a combined total of 40MW capacity to three substations on Long Island, New York, with the Long Island Power Authority (LIPA) purchasing...

27 July 2017

Invenergy's 2GW Wind Catcher Energy Connection set to become largest US wind project

The $2.9 billion wind farm and $1.6 billion transmission project is being developed by Invenergy in the Oklahoma Panhandle. GE will supply 800 turbines with Public...