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08 March 2017

Opportunity of the day: Lebanon set to resume inaugural offshore oil and gas licensing round

Global oil and gas companies are invited to participate in Lebanon's first offshore licensing round after the end of a three-year suspension on new licenses caused by...

08 March 2017

S&P assigns Limetree Bay Terminal loan rating

On March 7 S&P Global Ratings assigned a BB- rating to Limetree Bay Terminals $440 million term loan B due 2023.  Limetree Bay Terminals - a newly-created...

08 March 2017

Siccar Point Energy seals RBL facility

Aberdeen-based exploration and production company Siccar Point has secured $600 million in reserve based lending (RBL) to part fund its acquisiton of OMV UK. The six-year...

08 March 2017

Cubico Alten solar PV project out for debt

Cubico Alten Aguascalientes – a special purpose vehicle jointly owned by Cubico Sustainable Investments and Alten Renewable Energy America – is in the market...

08 March 2017

Palm off: RI proposes long tenor debt restructuring

Indonesian agri-industrial conglomerate Royal Industries (RI) is asking lenders for another 19 years to repay a five-year working capital loan signed in 2014.

08 March 2017

BlackRock nears target on Colombian infrastructure fund

BlackRock is expected to complete fundraising for a $337 million infrastructure debt fund in Colombia. 

08 March 2017

Stressed Asset funds possible for Indian power projects

 State-owned lenders Power Finance Corporation and Rural Electrification Corporation are researching the creation of Stressed Asset funds to help revive stalled...

08 March 2017

EU announces 14 renewable power projects for Africa

The EU’s Africa Renewable Energy Initiative announced 1.7GW of power projects.  Beneficiaries of the total potential €4 billion investment include...

08 March 2017

Philippines to build LNG plant in Iran

Philippine National Oil Company is seeking to construct a two-million-ton LNG plant in Iran according to an official with the Pergas International...

08 March 2017
in
Infrastructure, Transport

China's CRRC signs deal to supply metro cars to Iran

China's CRRC Nanjing Puzhen Rail Transport has sealed a contract with Iran's IDRO Group to supply 450 metro cars for the Iranian cities of Ahvaz, Tabriz and...

08 March 2017

Burkina Faso mine to add 15MW solar

The Iamgold Essakane gold mine is to commission a solar PV facility to compliment its 57MW heavy fuel power plant.

08 March 2017

China Gezhouba contracted for Dasu Hydro phase 1

China Gezhouba Group is to sign as the main contractor on the first 2.16GW stage of the Dasu run-of-river hydro power project. The World Bank is providing...

08 March 2017

SMEs wary of government's trading hopes post-Brexit

Brexit's success lies in large part with UK small and medium-sized enterprises (SMEs). Bibby Financial Services looks at what barriers will they face when considering...

08 March 2017

Moody's: Long-term lenders drawn to project finance loans

Project finance loans remain attractive to banks because of their default and recovery performances, Moody's found. The report shows that project finance is a robust...

08 March 2017

G-20 drops pledge to resist protectionism

G-20 finance chiefs plan to drop an explicit pledge to resist protectionism, while still promising open trade, according to a draft of their upcoming statement. The...

08 March 2017

Chinese fintechs launch blockchain-based SCF portal

Chinese supplier financing company FnConn and marketplace lending platform Dianrong have launched a supply chain financing portal that they claim is the first to be based...

08 March 2017

Final close on $1.7 billion QGIF

QIC announces final close on its Global Infrastructure Fund raising A$2.35 billion in capital commitments for future investments.

08 March 2017

Asia corporates snub own banks when seeking advice

Most corporates in Asia shun their own bankers in favour of referrals, personal networks, or even their bank's rivals when they need advice, East & Partners Asia...

08 March 2017

First tender out for Pune Metro project

The first tender, representing one third of the R11,420-crore project, is for a 10.75-km elevated stretch from Pimpri Chinchwad to Range Hills.

08 March 2017

Raiffeisen uses iGTB for digital trade finance platform

iGTB, the global transaction banking division of Intellect Design Arena, and five Austrian Raiffeisen regional banks have agreed a contract to implement a digital trade...