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28 June 2018
in
Infrastructure, Transport

World Bank agrees $230m loan for Quito metro project

The World Bank has approved $230 million in additional financing for the Quito Metro Line One Project, in Ecuador, adding to the $205 million it approved in 2013. The...

28 June 2018
in
Renewables

Meridiam closes financing for biomass/pellet plant

Meridiam has closed the financing for an integrated 12MW biomass cogeneration plant and pellet mill in France. The biomass plant will burn waste from the...

28 June 2018
in
Infrastructure, Transport

FDN commits to Autopista al Mar 1 long term debt package

Financiera de Desarrollo Nacional (FDN) is providing a COP600 billion ($207 million) 18-year loan as part of a debt package for the $1 billion Autopista al Mar 1 4G...

28 June 2018

DHL Global Trade Barometer continues to rise

Global trade growth will continue to accelerate over the next three months, according to the DHL Global Trade Barometer (GTB). Compared to the previous release in March,...

28 June 2018

Argentina's Caja de Valores licenses Surecomp's SGM Trade

Caja de Valores, the central securities depository of Argentina, has chosen to license Surecomp's SGM Trade treasury management software. The solution automates...

28 June 2018

Trafigura out for lead banks on Asia refi

Trafigura has issued invites to its relationship banks to take original mandated lead arranger and bookrunner roles for its annual Asia refinancing in...

28 June 2018
in
Renewables

Masdar to invest in Montenegro's first wind farm

Masdar has signed an agreement with Akuo Energy of France to acquire 49% of Krnovo Green Energy, owner of an the operational 72MW onshore wind farm in...

28 June 2018
in
Oil & gas

World Bank, AIIB agree $1.2bn loan for Lake Tuz natural gas storage facility

The World Bank and Asian Infrastructure Investment Bank (AIIB) have provided a $1.2 billion loan for the capacity expansion project of Lake Tuz underground natural gas...

28 June 2018
in
Renewables

Sweetwater solar clears regulatory hurdle in Wyoming

The US Bureau of Land Management has determined that 174 Power Global's 80MW Sweetwater Solar project will cause no environmental harm and is allowing the...

28 June 2018
in
Oil & gas, Power

KBR awarded project management on Oman LNG power plant

KBR has been awarded a project management consultancy services mandate by Oman LNG. KBR will assist with the selection and management of the successful EPC...

28 June 2018
in
Renewables

MPC and ANSA McAL acquire Tilawind project in Costa Rica

MPC Caribbean Clean Energy Fund and ANSA McAL are investing in the operational 21MW Tilawind windpark in Costa Rica. The wind farm, which is operated by local...

28 June 2018
in
Infrastructure, Other

Armstrong appointed as hub West Scotland Chair

hub West Scotland has appointed Jo Armstrong as new independent chair from August 1. Bill Matthews will step down at the end of his second term having...

28 June 2018
in
Oil & gas

InfraStrata makes senior management changes

Natural gas storage developer InfraStrata has announced changes to its senior management team. John Wood, the former global head of Oil &...

28 June 2018
in
Oil & gas

Petrobras to sell Paraguay fuel distribution assets in $383m deal

Brazilian state-run oil company Petrobras has signed an agreement to sell fuel distribution assets in Paraguay, part of a plan to sell billions in assets to reduce debt....

28 June 2018
in
Renewables

Ilmatar Energy acquires first wind project from Metsahallitus

Ilmatar Energy has acquired an almost construction-ready 50-turbine Piiparinmaki-Murtomaki wind project being developed by the Finnish state-owned forestry agency...

28 June 2018
in
Infrastructure, Transport

Poland plans four road PPPs

Poland is intending to use the PPP model to procure four sections of road in order to make up for a reduction in EU financial support. The sections of road a total...

28 June 2018
in
Chemicals/Petrochemicals, Metals and Mining, Oil & gas

Ukraine tenders privatization advisers

Ukraine's State Property Fund (SPF) has issued tenders to find advisers to prepare for the privatisation of the initial six of 22 government approved enterprises....

28 June 2018
in
Renewables

DFI-backed Cibuk 1 wind financing wrapped up

Vetroelektrane Balkana – which is owned by Tesla Wind, a joint venture between Masdar and Cibuk Wind Holding, a branch of Continental Wind Partners – has...

28 June 2018
in
Oil & gas

Magnum Energy announces open season for WEST Header pipeline project

Magnum Energy Midstream Holdings has announced a July 2 to August 31 non-binding open season for a proposed 650-mile, bi-directional interstate natural gas pipeline. The...

28 June 2018

India's Kotak Mahindra Bank taps Ripple xCurrent for remittances

Ripple has signed up Mumbai-headquartered Kotak Mahindra Bank to its network for cross-border payments. Kotak, which has over 1300 branches, joins RippleNet and will use...