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28 September 2017

Xcel announces 300MW wind project in South Dakota

Xcel Energy is planning to build and own the Dakota Range I and II projects located in Grant and Codington counties, South Dakota, being developed by Apex Clean Energy...

28 September 2017

Cash flow management to remain top challenge for SMEs

The UK's B2B late payments culture looks unlikely to change anytime soon, despite innovations like eInvoicing, meaning SMEs will continue to face challenges...

28 September 2017

Fujitsu picks SAP Ariba procurement solution

Japan's Fujitsu has picked SAP Ariba for a new procurement solution that it says will transform its operational functions including finance, procurement, order and...

28 September 2017

Enel inks LNG purchase deal from Calcasieu Pass Terminal

Under the terms of a purchase agreement Italian energy company Edison SpA will buy 1 million tonnes of LNG per annum for 20 years from the Calcasieu Pass LNG export...

28 September 2017

The risks of investing in SCF assets

The non-standardised, private placement structure of supply chain finance (SCF) assets means the main risks investors must consider include operational risk around...

28 September 2017

Kyriba raises $45m in equity finance round

US-based cloud treasury and financial management solutions provider Kyriba has raised $45 million through an equity financing round led by Sumeru Equity Partners...

28 September 2017

ADB agrees loan to help fund rooftop solar panels in Sri Lanka

The Asian Development Bank (ADB) has agreed a $50 million loan to help fund rooftop solar power generation systems in Sri Lanka. ADB will also administer a $1 million...

28 September 2017

Saxo Payments Banking Circle becomes benefactor of emerging payments project

Saxo Payments Banking Circle has become the benefactor of a major new project being spearheaded by the Emerging Payments Association. Project International Trade is...

28 September 2017

Johnson Controls selects @GlobalTrade and SWIFT MT 798 for trade finance automation

GlobalTrade Corporation (GTC) says Johnson Controls has selected its @GlobalTrade Platform for managing standby letters of credit and bank guarantees and digitising...

28 September 2017

Iranian lenders approve $850m of cheap export loans

The Export Development Bank of Iran and the National Development Fund of Iran have agreed to add another $256.4 million to the previous $589.7 million meant to empower...

28 September 2017

ADB expands clean energy projects in India with AIIB

The Asian Development Bank (ADB) has agreed to finance additional power transmission network components to boost clean energy projects in India, with co-financing from...

28 September 2017

HSBC partners Xero, Sage and Intuit for customer data exchange

HSBC is partnering accountancy solutions providers Xero, Sage and Intuit to launch a new tool that enables SMEs to establish a data feed from their bank account to their...

28 September 2017

Rasmala trade finance fund tops $100m

Assets managed by Ramsala Investment Bank's trade finance fund now exceed more than $100 million. The fund, which comprises Sharia-compliant trade finance assets, has...

27 September 2017

RBC trials blockchain for US-Canada payments

Royal Bank of Canada is experimenting with blockchain to improve the speed and reduce the cost of payments between its US and Canadian banks. It says the technology could...

27 September 2017

Opportunity of the day: ADNOC expected to look to HSBC for financing the upgrade of its refinery's waste heat recovery units

HSBC's UAE branch is likely to be approached by the EPC firm that wins the $263 million waste heat recovery upgrade contract at the general utilities plant (GUP) at...

27 September 2017

Coface: Europe remains big winner in global economic upturn

The global economy is continuing its recovery, with Europe's performance buoyant and political risks fading. There are also more and more positive signs in Brazil and...

27 September 2017
in
Renewables

Elicio closes financing for wind farm in Serbia

Belgian-based telco Elicio, a subsidiary of Nethys Group, closed a €59.7 million ($70.1 million) DFI-backed loan on 6 September to finance the development of...

27 September 2017

NIB launches loan programme with Norway’s Sparebanken Sør

The Nordic Investment Bank and Norway's Sparebanken Sør have signed an €80 million loan programme for onlending to small and medium-sized enterprises'...

27 September 2017

MUFG's Mathias Noack is new chairman of LMA board

Mathias Noack, co-head of debt capital markets - loans and bonds for EMEA at MUFG, has been appointed as chairman of the Loan Market Association (LMA) board. He is taking...

27 September 2017

Enlight Renewable Energy to build 104.5MW wind farm in Serbia

Israel's Enlight Renewable Energy is building a $223.2 million wind farm with an installed capacity of 104.5MW in Serbia's Kovacica municipality. It will be...