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28 June 2018

Hong Kong seeks to widen DLT use in trade finance

Hong Kong Monetary Authority (HKMA) is planning to work with regulators in Abu Dhabi to develop a cross-border trade finance system that is built with distributed ledger...

28 June 2018
in
Power, Renewables

Nepra publishes 2018 power tariff determination guidelines

Pakistan's National Electric Power Regulatory Authority (Nepra) has issued its Benchmarks for Tariff Determination Guidelines 2018 for the calculation of tariff rates...

28 June 2018

PayMate acquires Z2P to speed up SME lending

Mumbai-based PayMate has bought Zaitech Technology (Z2P) from Bhopal. The deal allows PayMate to turn from a payment processing company into a lending platform for small...

28 June 2018
in
Renewables

SECI's latest ISTS-connected solar tender oversubscribed by 2.1GW

The 3GW Inter-State Transmission System (ISTS)-connected solar photovoltaic (PV) tender, which was launched by the Solar Energy Corporation of India (SECI) in February,...

28 June 2018

FMO backs exports of Aircrete’s sustainable brick and panel tech

Dutch development bank FMO is backing the export of Oldenzaal-based Aircrete’s sustainable brick and panel production technology, which uses 20% less energy than...

28 June 2018
in
Power, Renewables

Foresight acquires German bioenergy portfolio

Private equity investment manager Foresight Group has acquired ownership of a portfolio of five operational German anaerobic digestion plants from Lindhorst Gruppe. The...

28 June 2018
in
Power

Chubb appoints Matthew Hardy as EVP for global energy

Chubb has appointed Matthew Hardy as executive vice president for global energy, ChubbOverseas General. Hardy previously served as product head for energy at Chubb Global...

28 June 2018
in
Power

Java 3 IPP to sign PPA by year-end

The 800MW Java 3 gas-fired power plant, the first IPP tender under Indonesia's new Ministry of Energy & Mineral Resources (MEMR) regulations, is expected to...

28 June 2018

BBVA hires Javier Fidalgo for project finance team

BBVA has hired former BNP Paribas project financier Javier Fidalgo as global head of advisory services within the bank's project finance practice in Madrid. He will...

28 June 2018

Indian government approves INR20bn ECGC capital infusion

The Indian government has approved a capital infusion of INR20 billion ($290 million) to strengthen Mumbai-headquartered Export Credit Guarantee Corporation (ECGC)....

28 June 2018
in
Power

Meghnaghat 2 project nears financial close

Summit Power International is finalising the ECA and DFI-backed funding package for the $500 million 590MW Meghnaghat 2 gas-fired power project in Bangladesh, with...

28 June 2018
in
Oil & gas

Freeport LNG signs 3-year liquefaction SPA with Trafigura

Freeport LNG Marketing has entered into a binding mid-term sales and purchase agreement (SPA) with Trafigura for 0.5 million tonnes per annum, to be supplied from its...

28 June 2018
in
Renewables

IFC and Papua New Guinea set to expand renewable energy in Port Moresby

The International Finance Corporation and PNG Power Limited have begun consultations over expanding renewable energy sources in Papua New Guinea with a proposal for a...

27 June 2018
in
Infrastructure, Transport

Porterbrook refinancing wrapped up

UK rolling stock lessor (Rosco) Porterbrook has reached financial close on its latest refinancing. The new £885 million facilities, which include drawn and undrawn...

27 June 2018
in
Metals and Mining

Geopacific Resources appoints financial adviser for Woodlark financing

Geopacific Resources has appointed Ironstone Capital as financial adviser for its A$180 million Woodlark gold mine project in Papua New Guinea. A definitive feasibility...

27 June 2018

TXF Amsterdam 2018: Will geopolitics shock commodities despite price rise?

Commodities prices are back up and demand for commodities and their financing looks set to continue as emerging markets develop. This report from the fifth annual TXF...

27 June 2018

Wyelands Bank adds MD Ian Flaxman to asset-based lending team

Sanjeev Gupta's London-headquarterd Wyelands Bank, which lends to small and medium-sized enterprises, has appointed a managing director for its working capital...

27 June 2018

BNY Mellon launches FX options

BNY Mellon has gone live with foreign exchange options, giving clients access to a full-service currency trading desk, offering spot, forwards, non-deliverable forwards...

27 June 2018

Malaysia’s Azmi & Associates hires projects partner Sharifah Hamzah

Malaysian law firm Azmi & Associates has hired Sharifah Hamzah as a partner of its infrastructure and project finance practice in Kuala Lumpur. She joins from the...

27 June 2018

The Belt & Road Initiative - Changing the behaviour and perceptions of corporate China

Commerzbank has published a new white paper which examines how China's Belt & Road Initiative (BRI) is influencing trends in Chinese outbound mergers &...