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26 July 2017

ADFD provides funding Egypt development projects worth $1.08bn

Abu Dhabi Fund for Development (ADFD) is financing development projects in Egypt worth $1.08 billion. The projects are in a range of sectors, including transportation,...

26 July 2017

Basalt and DCO buy Detroit Renewable Energy

Equity investment fund Basalt Infrastructure Partners II and energy development company DCO Energy have entered into an agreement to acquire the integrated district...

26 July 2017

JBIC to offer syndicated loans to boost ship exports

The Japan Bank for International Cooperation (JBIC) will provide $28.3 million in syndicated loans with BNP Paribas to help a Danish shipping operator's unit buy...

26 July 2017

Petronas calls off $29bn Pacific NorthWest LNG project

The Malaysian oil company has decided to scrap the Canadian government-approved export terminal and pipeline project in British Columbia due to weak gas prices....

26 July 2017

Can trade insurance turn into a pay as you go product?

Even with mid-market size companies, dispute is what causes late payment, short pays, and no pays. But there is a sweet spot in this space for B2B Marketplace...

26 July 2017

Poland looks to China for first nuclear power plant

The Polish government, with plans to develop 6GW of nuclear capacity at two sites, is in discussions with China General Nuclear Power Group following a recent Chinese...

25 July 2017
in
Power

How will Indonesia’s new decrees impact PLN’s IPP concessions?

Four presidential decrees rifled Indonesia’s private power market this year as PLN was given more powers over developers when awarding IPP concessions. While there is...

25 July 2017

Foresight Group buys 10MW Nevendon storage facility

The infrastructure and private equity investment manager has acquired the battery storage project in Essex from developer GRIDSERVE and Aura Power.  The facility...

25 July 2017

CHiNT volunteers reduced price on 100MW Gwanda solar project

The Chinese EPC contractor CHiNT Electric Co has contacted the Zimbabwe Power Company offering to reduce its 2015 winning bid of $172 million to $140 million following...

25 July 2017

AAI Worldwide Logistics goes live on Ramco ERP

Philippines-based logistics and freight-forwarding giant AAI Worldwide Logistics has implemented the first phase of Ramco Systems' ERP logistics solution,...

25 July 2017

How Brexit will impact UK procurement

A lack of detail on how the UK's exit from the EU will work is causing headaches for corporates' procurement departments, which are being asked to find remedies...

25 July 2017

Muirhall and WWS complete UK wind development portfolio acquisition

Muirhall Energy and wind development partner WWS Renewables have acquired the onshore development phase assets from Terra Firma's Infinis Group, The 90MW portfolio is...

25 July 2017

Hindustan Power set for 15 Japanese solar projects

Indian energy company Hindustan Power is looking to invest $233 million, in addition to a $100 million spend on acquiring licences, to generate 150MW of capacity across...

25 July 2017

AC Energy and UPC team up for small island power projects in Indonesia

The signing of a development funding arrangement between AC Energy Holdings Inc of the Philippines and UPC Renewables Asia Pacific Holdings Ltd looks to advance sub-50MW...

25 July 2017

China signs $1.5bn deal to finance Iranian rail project

China has signed a contract with Iran to finance the electrification of a 926km railroad from Tehran to the eastern city of Mashhad with a $1.5 billion loan. The project...

25 July 2017

Canara Bank consortium pursues sale of 270MW Nagpur coal-fired power plant

IDBI Capital Market & Securities is seeking a strategic buyer for the operational thermal project located in Maharashtra, India, on behalf of a Canara Bank-led...

25 July 2017

Glencore's LNG global head Gordon Waters leaves company

Gordon Waters, Glencore's global head of liquefied natural gas (LNG), has left the commodity trading and mining company. Waters, who was based in Singapore, joined...

25 July 2017

Louis Dreyfus sells African fertilizer business to Helios

Amsterdam-headquartered Louis Dreyfus Company is selling its African fertilizer business, Fertilizers and Inputs Holding, to Helios Investment Partners. It is the first...

25 July 2017

Eksportkreditt and GIEK back Höegh LNG facility

Hoegh LNG has received commitment letters for a $230 million debt financing for Floating Storage and Regasification Unit business. The facility includes a 12-year export...

25 July 2017

Cuba seeks to revive mining sector with new lead and zinc mine

The $278 million Castellanos lead and zinc mine in north-western Cuba is on track to start production in October as part of the island's attempt to breathe fresh life...