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18 April 2017

JBIC and NEXI to back Vinh Tan 3

JBIC and NEXI have agreed to back state-owned Vietnam Electricity (EVN) in its bid to finance the purchase of a Toshiba turbine to be installed in the...

18 April 2017

Papua New Guinea energy strategy looks to renewables

The South West Pacific island state is looking to supplement power generation from three large hydro projects with a suite of solar, biomass and run-of-river hydro...

18 April 2017

Africa Finance Corporation issues $500m 7-year eurobond

Africa Finance Corporation has issued a $500 million 7-year eurobond. The senior unsecured eurobond, which carries a coupon of 3.875%, was priced to yield 4.000% and...

18 April 2017

Alba seals $700m Line 6 project financing

Aluminium Bahrain (Alba) has secured $700 million in financing for the construction of its sixth aluminium production line. Euler Hermes and Switzerland's SERV are...

18 April 2017

Citi sees oil surging in season to have faith in commodities

Citigroup has joined Goldman Sachs Group in backing commodities, saying it is the season to have faith in raw materials and that oil will probably rally to the mid-$60s...

18 April 2017

OFID agrees first trade finance loan with Scotiabank Costa Rica

The OPEC Fund for International Development (OFID) has signed a $15 million loan agreement with Scotiabank de Costa Rica. It is OFID's first trade finance loan to the...

18 April 2017

AfDB supports South Sudan's ATI and TDB membership

The African Development Bank (AfDB) has approved an $18.15 million facility to South Sudan. The deal will help the country with the required resources for its African...

18 April 2017

CDB deal boosts Argentinian SMEs

The China Development Bank (CDB) and Argentina's Investment and Foreign Trade Bank have agreed a $150 million deal to boost small and medium-sized enterprises (SMEs)...

18 April 2017

Natixis completes the acquisition of PayPlug

Natixis has bought a majority interest in PayPlug, reinforcing its development ambitions for the payment business line in France and Europe. The deal is coupled with a...

18 April 2017

DS-Concept names John Stillwaggon as US CEO

DS-Concept has promoted John Stillwaggon to the position of CEO, USA. He will be responsible for leading the region's strategy, growth, and profitability, while...

17 April 2017

Opportunity of the day: Oman Oil's $720m ammonia project financial closure within sight

A number of international banks and export credit agencies are in the process of closing the financing package for the $600 million ammonia production facility being...

17 April 2017

Strong appetite for Rusal $2bn refinancing

Amid a spate of high-profile borrowings out of Russia in recent weeks, one of the largest deals of this year could be set to close before the end of the month. Rusal has...

17 April 2017

Financial close for Gorbals and Woodside Health and Care Centres

Local developer hub West Scotland of the £35 million projects will deliver two health and care centres for NHS Greater Glasgow and Glasgow City Council. Each...

17 April 2017

DCP and Kinder Morgan sign for Gulf Coast Express Pipeline

DCP Midstream and Kinder Morgan have signed a letter of intent to develop the 430 mile Waha to Agua Dulce natural gas pipeline. Kinder Morgan already operates...

17 April 2017

Santos makes $250m early payment on ECA loan facility

Payment was made against a $1.2 billion Export Credit Agency supported uncovered syndicated facility that is scheduled for maturity in 2019.  Santos has also...

17 April 2017

Vinci puts finances in place for German A7 motorway PPP

The Vinci and Meridiam Infrastructure consortium was awarded a 30-year A-model concession for a 60km section of motorway between the Bockenem and...

17 April 2017

Indonesian first for 75MW Sidrap wind project

The South Sulawesi project, developed by UPC Renewables and AC Energy Holdings, became the first Indonesian wind farm to reach financial close. Project financing is...

17 April 2017

Ripple poaches SWIFT business director

Payments company Ripple has poached Marjan Delatinne - previously business manager at messaging network SWIFT - to be its new sales director for Europe. At SWIFT,...

17 April 2017

Shop talk: Breaking PLN's 35GW threshhold

Indonesia's 35GW power procurement plan was always ambitious. But PLN is much closer to delivery in 2019 than many were predicting. Teguh Harsono, senior manager of fund...

17 April 2017

Economic risks top threat rankings for firms doing business in Asia Pacific

Economic risks account for four of the five top risks associated with doing business in Asia Pacific, according to the World Economic Forum Global Risks Report 2017. The...