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13 September 2017

IFC and FMO part finance Serbian wind project

IFC is lending €19.1 million to the 42MW Alibunar wind project in Serbia. A further €40 million is being provided as B loans by...

13 September 2017

GE closes $250m financing of Egyptian substations

General Electric has secured the financing from Deutsche Bank AG and HSBC France for the Egyptian Electricity Transmission Company (EETC) contract to construct...

13 September 2017

PCE inks 100MW Mustang Two PPA

Community energy agency Peninsula Clean Energy (PCE) has signed a 15-year agreement with Canadian Solar subsidiary Recurrent Energy for the supply of power from...

13 September 2017

US DOE announces $82m for new solar research

The Department of Energy, through its Solar Energy Technologies Office, will fund research and development integrating solar energy into the grid and energy...

13 September 2017
in
Agri/Soft Commodities

Vioil set for return to debt market

Ukrainian sunflower oil exporter Vioil is to return to the debt market. Details are sketchy but TXF understands the company is set to refinance existing loans via a...

13 September 2017

Universal Medical debuts in offshore loan market

Universal Medical Financial & Technical Advisory Services – a Hong Kong-listed medical equipment lessor and finance provider – is debuting in the...

13 September 2017

Mytrah secures $300m for investor buy out

The $300 million Piramal Capital and APG Asset Management mezzanine debt investment will allow renewable energy producer Mytrah to refinance debt and buy out Apollo...

13 September 2017

B3i launches working reinsurance blockchain prototype

Blockchain Insurance Industry Initiative - B3i - has launched market beta-testing of its reinsurance blockchain prototype. The group of 15 global insurers and reinsurers...

13 September 2017

Verus Petroleum doubling RBL facility to support Wytch Farm acquisition

UK-based Verus Petroleum is upping its reserves based lending (RBL) facility from $150 million to $300 million to support the signing of a sale...

13 September 2017

PrimeRevenue: Dennis Lockhart appointed to board of directors

Working capital finance solutions provider Prime Revenue has appointed Dennis Lockhart, former president and CEO of the Federal Reserve Bank of Atlanta, to its board of...

13 September 2017

Payoneer partners Sri Lanka's eZ Cash

Cross-border payments company Payoneer has partnered and integrated with mobile money network eZ Cash to allow Sri Lankan firms to more easily withdraw cross-border...

13 September 2017

SBI Ripple Asia to test blockchain bank transfers between Japan and South Korea

SBI Ripple Asia will reportedly start testing its blockchain-based funds transfer system between Japanese and South Korean banks by the end of this year. It will work...

13 September 2017

Raeco signs agreements for $105m Dhofar wind project

The 50MW wind project being jointly developed by the Rural Areas Electricity Company (Raeco) and Masdar, in the Fattehit area of the Dhofar governorate, has signed a PPA...

13 September 2017

Automation raises trade finance efficiency in China

Accountants are embracing automation to improve efficiency in China. KPMG, for example, has provided financial automation services at an international bank, freeing up...

13 September 2017

Better trade relationships can move Vietnam up global value chains

Boosting information flows between Vietnamese companies and foreign markets would help Vietnam move up global value chains, according to two new World Bank reports. It...

13 September 2017

Plans for Energas LNG terminal at Port Qasim announced

The Younus Brothers Group and Sapphire Group are to develop a LNG receiving terminal at the deep-water port in Karachi, Pakistan. A floating storage and regasification...

13 September 2017

Deloitte opens Asia-Pacific blockchain lab in Hong Kong

Deloitte has officially opened its Asia Pacific blockchain lab in Hong Kong. Deloitte has already developed more than 30 blockchain-related prototypes, covering uses such...

13 September 2017

DBS clients can now track cross-border payments

Singapore's DBS Bank is using Swift's global payments innovation technology to enable its business clients in Singapore and Hong Kong to track cross-border...

13 September 2017

Belarusbank, Sinosure to expand cooperation in financing bilateral deals

Belarusbank and China's Sinosure have agreed to boost cooperation, particularly in projects in the area of power engineering, transport, and logistics.

13 September 2017

Validus Specialty launches $240m political risk insurance binder

Validus Specialty has renewed its political risk insurance binding authority from its New York office and increased it from $125 million to $240 million per acceptance.