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28 April 2017

Commerzbank closes first EFSI SME securitisation

Commerzbank has closed the first synthetic securitisation of SME loans under the European Fund for Strategic Investments (EFSI or ‘Juncker Plan’). Dubbed...

28 April 2017

FRV cheapest bid for WDA's solar IPP

Bids have been submitted for the Water Authority of Jordan’s (WDA’s) 50MW solar independent power project. FRV submitted the lowest bid at JD0.033/kWh...

28 April 2017

Vinson Clover wins $1bn Vietnamese FPSO charter

The agreement between the Vinson Holdings unit, Spanish operator Repsol's Talisman Vietnam and PetroVietnam Techical Services relates to a project on the offshore Ca...

28 April 2017

PLN outlines procurement plan 2017-2026

PLN has issued its latest power procurement business plan for 2017–2026, which was recently approved by the Ministry of Energy & Mineral Resources...

28 April 2017

Luxembourg infra fund buys two Finnish wind farms

European Energy reached close on the €22.1 million financing from HSH Nordbank for the Haukineva and Jeppo projects. The 13.8MW farms, located in the municipalities...

28 April 2017

Blackstone Dangote feasibility study for 100MW Nigerian solar project

Blackstone-owned African infrastructure investor Blackrhino and Nigerian conglomerate Dangote Industries have been awarded a grant from the USTDA to conduct a study into...

28 April 2017

Norilsk Nickel in legal proceedings against Botswana government

Moscow-headquartered Norilsk Nickel is launching legal proceedings against the government of Botswana in a bid to get back the $271 million plus damages it says it is...

28 April 2017

Mexico considers tenders for two subsea transmission lines

Mexico's Energy Secretariat has revealed that studies are being finalised for two projects connecting Cozumel island with mainland Quintana Roo state, and Baja...

28 April 2017

Hareon Solar and Azure invest in 118MW Telangana PV project

A joint venture of the Chinese solar panel manufacturer and Indian developer Azure Power Global has signed a 25-year PPA with state-run power producer NTPC. Hareon will...

28 April 2017

Temenos launches open banking services on MarketPlace

Banking software vendor Temenos has launched open banking and Payment Services Directive (PSD2) targeted services on its MarketPlace with an aim to facilitate the...

28 April 2017

Bottomline Technologies revenues rise but core profit dips 11%

US payments technology provider Bottomline Technologies saw its subscription and transaction revenues - mostly related to its cloud platforms - increase 13% year-on-year...

28 April 2017

Trump in NAFTA u-turn as he bids to renegotiate deal

US President Donald Trump says he will try to renegotiate the North American Free Trade Agreement (NAFTA) rather than "terminate" it, as he had previously...

28 April 2017

Japanese banks to test blockchain-based international transfers

A Japanese bank consortium focused on blockchain is set to test a virtual currency-based funds transfer system, planning initially to test the ability to send domestic...

28 April 2017

Multinationals take smaller FX hit in Q4

Multinationals in Europe and North America lost $10.47 billion due to currency volatility in the final quarter of 2016, although this was better than a year earlier,...

28 April 2017

Deutsche Bank transaction banking disappoints in Q1

Deutsche Bank's transaction banking division let it down in the first quarter, with revenues falling 5% to €1.05 billion. The bank has reduced its funding of...

28 April 2017

Nyrstar increases structured commodity trade finance facility

Belgium-based metals group Nyrstar has increased its multi-currency structured commodity trade finance facility from €400 million to €500 million on a committed...

28 April 2017

Fin2B launches SCF platform in South Korea

South Korean fintech startup Fin2B has launched an accounts receivable discount platform to serve big Korean companies and plans to expand the supply chain finance...

28 April 2017

Mizuho, IBM Japan work on blockchain trade finance platform

Mizuho Financial Group, Mizuho Bank, and IBM Japan are building a blockchain-based trade financing platform. Mizuho is aiming to streamline trading operations and improve...

28 April 2017

AIIB to help finance Korea-led hydropower plant in Georgia

The Asian Infrastructure Investment Bank (AIIB) will finance $8.7 million of a $1.1 billion project to build a hydropower plant in the Caucasus region of Georgia, led by...

28 April 2017

EIB survey: Investment needs and barriers in Europe

The European Investment Bank's survey on investment and investment finance shows lack of skilled labour and the regulatory environment are among the top concerns for...