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26 June 2018
in
Power

Indian banks face major losses from power sector loans

Bank of America Merrill Lynch (BofA ML) suggests Indian banks face a new $38 billion wave of losses from the power sector. The power sector took a turn for the worse in...

26 June 2018
in
Oil & gas

Trans Mountain Pipeline expansion to begin

The $5.7 billion Trans Mountain Pipeline expansion has been cleared to begin at the Burnaby terminal in Canada. EDC is providing at least a C$1 billion ($751 million)...

26 June 2018
in
Infrastructure, Transport

Ankara-Nigde highway PPP reaches financial close

The 330km Ankara-Nigde build operate transfer (BOT) highway PPP concession in Turkey reached financial close on 22 June, following signing on 12 June. Sponsored by ERG...

26 June 2018
in
Power

Lucky Electric Coal Power Project reaches financial close

Lucky Cement has reached financial close on its 660MW Lucky Electric Coal Power Project that will be built at Port Qasim near Karachi. The $1.08 billion project...

26 June 2018
in
Renewables

Indian renewables minister suggests 100GW solar tender in pipeline

The Indian Minister for New and Renewable Energy has stated an intention to issue a 100GW solar tender that would include both equipment manufacturing and energy storage...

26 June 2018
in
Renewables

New Energy Solar to buy 46.7MW Manildra solar farm

New Energy Solar (NEW) has signed an agreement with First Solar to acquire the operational 46.7MW Manildra solar farm in New South Wales at an enterprise value of $A113...

26 June 2018
in
Telecoms and Communications

Reliance Jio signs very tightly priced $1bn K-Sure-backed facility

Reliance Jio Infocomm (RJio), the telecoms arm of Reliance Industries, signed a very tightly priced $1 billion 10.75-year K-Sure-covered facility on 22...

26 June 2018

AIIB investing in India's infrastructure fund

Asian Infrastructure Investment Bank (AIIB) has approved an equity investment of $100 million in India's National Investment and Infrastructure Fund's (NIIF) fund...

26 June 2018
in
Renewables

IFC issues first peso-denominated green bonds

International Finance Corporation has issued the first internationally rated triple-A peso-denominated green bond - the equivalent of about $90 million with a 15-year...

26 June 2018

MIDIS announces leadership appointments

Macquarie Infrastructure Debt Investment Solutions (MIDIS) has appointed the Head of the Investment Team, Kit Hamilton, and the Head of the Investor Solutions...

26 June 2018
in
Telecoms and Communications

K-Sure covers $1bn Reliance Jio Infocomm facility

Reliance Jio Infocomm has signed a $1 billion-equivalent 10.75-year K-Sure covered term loan to finance goods and services, primarily from Samsung Electronics and...

26 June 2018
in
Renewables

EIB and SaarLB sign €70m green project deal

The European Investment Bank and Landesbank Saar (SaarLB) have signed a €70 million guarantee agreement to give Landesbank Saar scope for loans to finance climate...

26 June 2018
in
Power

Chinese-led consortium wins 6GW Hamrawein coal-fired project

Egyptian Electricity Holding Company has awarded a contract to establish a 6GW coal-fired power plant in Hamrawein to a consortium of Shanghai Electric, Dongfang...

26 June 2018
in
Renewables

Northland Power announces new $1.25bn credit facility

Independent power producer Northland Power Inc. has entered into a $1.25 billion corporate credit facility consisting of a $1 billion revolver with a $500...

26 June 2018

David Pitts joins Crown Agents Bank's IDO team as senior advisor

London-based Crown Agents Bank has hired David Pitts as senior advisor on its International Development Organisations team. Pitts has worked as a Senior Relationship...

26 June 2018
in
Renewables

ISA plans global solar bank to fund $150bn of projects

The International Solar Alliance (ISA) is to approach multilateral development banks such as the Asian Infrastructure Investment Bank to create a special purpose vehicle...

26 June 2018
in
Transport

HFW hires aviation partner Julio Costa in Brazil

Global law firm Holman Fenwick Willan has boosted its Latin America presence by hiring aviation partner Julio Costa, and entering into a cooperation arrangement with...

25 June 2018

ITFC supports CBI's Islamic finance operations in Senegal

Coris Bank International, headquartered in Burkina Faso, has launched a range of Islamic financing solutions and products called Coris Baraka, with the support of the...

25 June 2018

Global project finance trends in 2018

TXF’s Global Project Finance Day in Prague at the start of this month threw out some big numbers on global infrastructure needs as well as some strong predictions on the...

25 June 2018
in
Renewables

NextEnergy Solar Fund buys 10 UK solar projects

NextEnergy Solar Fund has bought 10 operational solar plants (total installed capacity 46.6 MWp) in the UK. All the assets are backed by renewable obligations...