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07 June 2018

Brazil's Banco Bradesco joins SWIFT's gpi service

SWIFT has announced that Brazil's Banco Bradesco has joined its global payment innovation (gpi) service to increase the speed, transparency and traceability of...

07 June 2018
in
Renewables

ADB supports Over $1bn in clean energy investments in the Pacific until 2021

The Asian Development Bank (ADB) will support over $1 billion in energy investments in the Pacific between 2018 and 2021, including 19 projects to help countries in the...

06 June 2018
in
Oil & gas

Schlumberger, Halliburton ready bids for Petrobras output sharing deal

Sources say Schlumberger NV and Halliburton Co are preparing offers for an onshore production sharing deal with Brazil's state-controlled Petrobras - a first for oil...

06 June 2018
in
Power, Renewables

Queensland approval for 800MW Clarke Creek wind farm

The Queensland Government has given development approval to the 800MW Clarke Creek wind farm located 150km north-west of Rockhampton. The A$1 billion project is...

06 June 2018
in
Power, Renewables

Dalmore Capital consortium to buy Cory Riverside Energy

Strategic Value Partners and its affiliates EQT Credit and Commerzbank have agreed to sell 100% of recycling and energy recovery firm Cory Riverside Energy to a...

06 June 2018
in
Renewables

GGF contributes €32m of funding towards Serbia's first wind projects

The Green for Growth Fund (GGF) is to provide €32 million of financing for two of Serbia's first large-scale wind farms. The 158MW Cibuk windfarm, located 50km...

06 June 2018
in
Renewables

Mainstream achieves close on South African wind farms

A consortium led by independent wind and solar power developer Mainstream Renewable Power has reached financial close for the Kangnas and Perdekraal East Wind Farms in...

06 June 2018

UK's FSB accuses large firms of "supply chain bullying"

Large UK firms are using "supply chain bullying" to "squeeze their suppliers, delaying payments to improve their own cash flow", Mike Cherry, chairman...

06 June 2018
in
Infrastructure, Transport

Sri Lanka to tender rail project in the Hambantota district

The Sri Lankan Transport Minister has announced that the government will tender an $800 million rail project in the Hambantota district. About 100km of track would serve...

06 June 2018
in
Renewables

Russia prequalifies 37 solar projects for upcoming auction

Russia's Trading System Administrator JSC ATS has chosen 37 solar projects with a combined capacity of 554MW to take part in this year's renewable energy auction....

06 June 2018

Out of the sandbox: Creating the right tools for the job

Financial regulators across Europe, North America and Asia are adopting a variety of strategies to encourage the development of financial technology in their...

06 June 2018

EIB, under pressure from the US, balks at EU plan to work in Iran

The European Investment Bank has balked at an EU proposal to do business in Iran to help offset US sanctions and save the 2015 nuclear deal - under pressure from the US,...

06 June 2018
in
Transport

Abu Dhabi Ports launches domestic blockchain solution for logistics

Abu Dhabi Ports subsidiary Maqta Gateway has developed and launched its own blockchain solution, Silsal, with the aim of improving efficiency in the shipping and...

06 June 2018
in
Infrastructure, Power, Transport

IADB and BNDES launch $1.5bn infrastructure credit fund

The Inter-American Development Bank (IADB), through its private sector institution IDB Invest, has joined forces with Brazilian development bank BNDES to create an...

06 June 2018

NIB finances electricity network improvements in Finland

The Nordic Investment Bank has signed a €150 million, 15-year loan with Finland's largest distribution system operator, Caruna, to strengthen the reliability of...

06 June 2018
in
Infrastructure, Transport

Sweden presents $81bn, 10-year national transport plan

The Swedish government has unveiled its 2018-2029 National Plan for the Transport System with SEK712.5 billion budgeted for road, rail, aviation and port infrastructure....

06 June 2018

Mayer Brown hires Yoshihide Ito to trade practice

Mayer Brown has hired Yoshihide Ito, whose practice focuses on international trade policy, economic trade sanctions, trade disputes and regulation - especially involving...

06 June 2018

Traydstream names former Citi exec Asif Ali as MD of Product

Trade finance software firm Traydstream has appointed Asif Ali as Managing Director of Product. He most recently headed Citi's Trade Business for United Arab...

06 June 2018

Ivalua procurement and supply chain AI survey results

Spend management cloud provider Ivalua has announced the findings of a worldwide study of supply chain, procurement and finance business leaders, revealing that 55%...

06 June 2018
in
Power, Transport

Nama Group tenders lead arranger for RO453m fund raise

Nama Group is preparing to launch tranche 3 of its long-term fund raising programme Project Lamar with an open tender to appoint a mandated lead arranger. About RO453...