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15 January 2018
in
Metals and Mining, Power

Trafigura launches RCF refi

Trafigura has launched a $4.5 billion revolving credit facility to refinance existing debt from its main European RCF. The multicurrency facility will refinance the $3.19...

15 January 2018

Increased interest from ECAs in private reinsurance

According to the latest report from Willis Re, trade credit lines have seen an increased tendency towards multi-year programmes; reinsurers have an increased...

15 January 2018
in
Power, Renewables, Transport

Greenko shows interest in Essel transmission portfolio

The renewable energy company Greenko Group, with backing from Singapore’s sovereign wealth fund GIC Holdings Pte and the Abu Dhabi Investment Authority (ADIA),...

15 January 2018

MoneyGram teams up with Ripple to speed up payments

MoneyGram is partnering with Ripple to test new ways to speed up payment flows. It will trial Ripple’s xRapid liquidity platform, which uses the XRP token to...

15 January 2018
in
Infrastructure, Transport

Brookfield and I Square emerge as front runners for Indian toll road projects

Abu Dhabi Investment Authority (AIDA)-backed I Squared, bidding through Cube Highways and Brookfield Asset Management have emerged as the front runners for the...

15 January 2018
in
Power, Renewables

Franklin Energy seeks FERC ruling on Idaho Power PURPA interpretation

A Franklin Energy Storage Projects' $200 million lithium-ion battery storage facility in Twin Falls County has twice failed to persuade the state-regulated Idaho...

15 January 2018
in
Renewables

Brazil to review feasibility of Green Silicon integrated PV production project

Brazil’s Minister of Energy and Mines will meet representatives from Brazilian-Paraguayan power company ITAIPU and the state of Paraná FIEP's...

15 January 2018

Tradeplus24 and Trade Ledger link up

Switzerland-based alternative lender Tradeplus24 is collaborating with Trade Ledger in a bid to enter the Australian market. Trade Ledger will link its deep...

15 January 2018

Glencore shakes up copper management

Glencore has reduced the role of its billionaire head of copper, Aristotelis Mistakidis, shaking up the business after a review in the Democratic Republic of Congo raised...

15 January 2018
in
Power

Kenya initiates fresh talks for Mombasa gas-fired power project

The Kenyan energy secretary is in talks with the Treasury about the financing structure for a revised version of the 700MW Dongo Kundu gas-fired power project that...

15 January 2018
in
Power

EIA submitted for Sinop nuclear project

An Environmental Impact Assessment (EIA) application has been submitted to the Environment and Urban Planning Ministry for the $16 billion the Sinop Nuclear...

15 January 2018

Noble sells Noble Americas Corp to Vitol

Noble Group has completed the sale of Noble Americas Corp to Vitol for around $400 million. At close Vitol paid $272 million to Noble, with a further $122 million placed...

15 January 2018

Carillion into liquidation

UK developer Carillion, which has more than £900 million in debt owed to RBS, Barclays, HSBC, Lloyds and Santander, and a £587 million pension deficit,...

15 January 2018
in
Infrastructure, Transport

Lindblad raises ECA-backed cruise ship loan

US-based Lindblad Expeditions has raised a $107.6 million 12-year senior secured loan from Citibank and Eksportkreditt Norge to finance an ice-class cruise ship newbuild...

12 January 2018

Opportunity of the day: Tierra del Fuego launches two auctions for natural gas E&P

The government of Tierra del Fuego Province launched a tender valued at at least $25 million for the exploration and production (E&P) of natural gas in two blocks in...

12 January 2018

Finacity facilitates rise in HYVA's European factoring program to €9m

Finacity Corporation has facilitated a €4 million increase in the existing multi-country trade receivable funding program of Hyva Global, a Netherlands-based...

12 January 2018

OriginTrail talks blockchain and supply chain

OriginTrail discusses the potential for blockchain to boost visibility in supply chains, which can lead to faster payments, data sharing and heightened trust. Tomaz...

12 January 2018

SEBI bans PwC in India for two years

India regulators have reportedly banned PricewaterhouseCoopers (PwC) from auditing in the nation for the next two years. The Securities and Exchange Board of India (SEBI)...

12 January 2018

TXF Private Insurance talk: Why do ECAs reinsure loans?

TXF caught up with Vincenzo Pedicini, head of reinsurance at Sace, to find out why reinsuring an ECA loan via the private market is such an important tool for risk...

12 January 2018
in
Renewables

F2i refinances E2i holdco debt

F2i has refinanced €164 million ($199 million) of the €215 million nine-year holdco facility it raised in November 2014 to back its 70% acquisition of the 594MW...