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27 June 2018

Glencore bets on South Africa as Ramaphosa promises revival

Glencore has set its ambitions on expanding in South Africa - the homeland of its chief Ivan Glasenberg. As the company’s former business partner and new President...

27 June 2018
in
Power, Renewables

OPSB approves 1GW Harrison gas-fired power plant in Cadiz

The Ohio Power Siting Board (OPSB) has approved the construction of a 1,050MW gas-fired, combined-cycle power plant being developed by Harrison Power in Cadiz,...

27 June 2018
in
Power

NH Investment underwrites $235m for South Field power plant in the US

NH Investment & Securities Co Ltd is underwritting a $200 million senior debt and a $35 million equity interest for Advanced Power's 1.1GW South Field...

27 June 2018
in
Infrastructure

Valley Healthcare acquires two primary care centres in Ireland

The Irish Infrastructure Fund’s (IIF) Valley Healthcare, set up to invest in primary care centres across Ireland has acquired two sites in Clonakilty, County...

27 June 2018
in
Renewables

Germany launches third onshore wind auction of the year

German grid regulator BNetzA has launched its third onshore wind auction of 2018 for 670MW of capacity. Developers need to register by July 11 to take part. The bidding...

27 June 2018
in
Renewables

Greencoat Capital raises over £1.1bn for solar funds

Greencoat Capital has stated that its Greencoat Solar I and Solar II funds now have more than £1 billion in assets under management. Company filings show that Solar...

27 June 2018

Corporate perspective: Chipita – treasury and trade in metamorphosis

Marianna Polykrati is group treasurer of Chipita SA, which is a Greek multinational snacks provider headquartered in the aptly named town of Metamorphosis, north of...

27 June 2018

Hogan Lovells formalises tie-in with Saudi ZS&R law firm

International law firm Hogan Lovells has formed an arrangement with Riyadh-based ZS&R Law Firm to work together on client matters in Saudi Arabia while still...

27 June 2018
in
Transport

Japan signs agreement for the operation of Fukuoka Airport

Japan's Ministry of Land, Infrastructure, Transport and Tourism has entered into a Basic Agreement with a Fukuoka Airport Holdings-led consortium that includes...

27 June 2018

Bladex and Bancomext partner to boost inter-regional trade

Panama-based Banco Latinoamericano de Comercio Exterior (Bladex) has signed up to the Trade Guaranties Program of Banco Nacional de Comercio Exterior (Bancomext), to...

27 June 2018
in
Power, Renewables

Final close at €252m for SUSI Energy Storage Fund

SUSI Partners AG has reached final close on the SUSI Energy Storage Fund launched in 2017. It has received €252 million of commitments from investors includng...

27 June 2018

Ontario Teachers promotes two to executive team

Canada's Ontario Teachers' Pension Plan has promoted its head of the capital markets department, Ziad Hindo, to the role of Chief Investment Officer...

27 June 2018
in
Oil & gas

PGNIG agrees offtake from Port Arthur LNG

Polish Oil & Gas Company (PGNiG) has signed a sales and purchase agreement with Sempra LNG & Midstream subsidiary Port Arthur LNG for the supply of 2 million...

27 June 2018

Acron reprices and ups 2017 PXF volume

Russia-based mineral fertiliser producer Acron has closed an amendment agreement on the $750 million pre-export financing (PXF) it raised in early May 2017. The...

27 June 2018

King & Spalding hire Reed Smith trio to Corporate, Finance and Investments team

Law firm King & Spalding has announced that Carol Burke, Susan Berry and Kimberlee Cagle have joined the firm as partners in the firm's Corporate, Finance and...

27 June 2018

SEB goes live on SWIFT’s global payments innovation service

Nordic financial services group SEB has gone live on SWIFT's global payments innovation (gpi) service. The service offers real-time payments tracking and transparency...

27 June 2018
in
Infrastructure, Transport

ADB to finance road improvement project in Tajikistan

The Asian Development Bank is financing a $90 million project to rebuild and widen a 40km stretch of road between Dushanbe and Bokhtar in Tajikistan. Discussions are...

27 June 2018

EIB and Egypt's Bank of Alexandria agree €20m deal to finance SMEs

The European Investment Bank (EIB) and Bank of Alexandria (Alexbank) have signed a €20 million financing agreement to support small and medium-sized enterprises and...

27 June 2018
in
Metals and Mining

Noble Group ups stake in East Energy Resources

Hong Kong-headquartered trader Noble Group said its indirect wholly owned subsidiary, Maylion, has acquired an additional 52.5% shareholding interest in coal exploration...

27 June 2018

Lebanon becomes 87th member of AIIB

The Asian Infrastructure Investment Bank (AIIB) has approved a new membership application from Lebanon, bringing the lender's total membership to...