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11 September 2017

ADM to provide $152m to Nepal to enhance power transmission

The Asian Development Bank will provide $152 million to Nepal for the implementation and enhancement of its power transmission and distribution.

11 September 2017

National Bank of Kenya in core banking system upgrade

National Bank of Kenya has upgraded to the latest version of the Fusionbanking Essence core banking platform, which is supplied by Finastra, formerly Misys. It says using...

11 September 2017

SMEs and international payments

Cross-border payments are a technical minefield for SMEs in Singapore, hampering their capacity to trade and expand overseas. Fluctuating exchange rates plus higher...

11 September 2017

Infrastructure: the Achilles' heel of development in Latin America

Latin America is seeing weak development of infrastructure in the region, according to Coface, with a poor record in improving investment rates, and inadequate quality of...

11 September 2017

HSBC compensates SMEs for frozen accounts

HSBC has reportedly started offering compensation to some UK SMEs whose accounts it froze in an attempt to ramp up its anti-money laundering efforts. Sources say hundreds...

09 September 2017

China invests $9.1bn in Rosneft as Glencore, Qatar cut stakes

Chinese conglomerate CEFC will splash out $9.1 billion on a 14.16% stake in Russian oil major Rosneft from a consortium of Glencore and the Qatar Investment Authority.

08 September 2017
in
Power

Sirajganj IPP: How long can Bangladesh tenors go?

Sembcorp has reached full financial close on a $309 million DFI-backed loan to finance the 414MW Sirajganj IPP. The deal is the longest tenor power financing in...

08 September 2017
in
Transport

French high-speed rail refi advisory roles awarded

Advisory roles for the refinancings of two French high-speed rail projects have been awarded. The LISEA consortium (comprising Vinci, Caisse des Depots and AXA Private...

08 September 2017
in
Renewables

CC&L Infrastructure buys into Chilean solar

Connor, Clark & Lunn Infrastructure (CC&L Infrastructure) has entered into binding agreements to acquire 15 construction-stage, ground mount solar projects...

08 September 2017

Edgemoor recommended for Kansas City Airport project

The selection committee for the $1 billion Kansas City International Airport terminal building design-build-finance project has put forward an Edgemoor...

08 September 2017

PS Renewables buys a stake in renewables developer NCRE

UK developer PS  has bought a 49% stake in the North Carolina-based renewables company NCRE and expects to co-develop 135MW in the US in the next 6 months as a...

08 September 2017
in
Transport

Albert Canal bridges PPP preferred bidder appointed

Vlammse Waterweg (Flemish waterways authority) has appointed the Via T Albert consortium as preferred bidder for the Albert Canal bridge renovation PPP in Belgium. The...

08 September 2017

Tenaska refinances 150MW Imperial Valley solar centre

The Nebraskan renewable energy company has closed the $400 million refinancing of Tenaska Imperial Solar Energy Center West PV project in California.  The...

08 September 2017

Coface: Central & Eastern European insolvencies overview

Central & Eastern Europe saw less business insolvencies in 2016 but also a downturn in the construction centre, according to Coface.

08 September 2017
in
Renewables

Five bidding for Ethiopia's first solar IPP

Five bidders - Fotowatio Renewable Ventures (FRV), a Meridiam-Solairedirect consortium, Enel Green Power, a Building Energy consortium, and CCE Oasis Technology Corp -...

08 September 2017

Wheelabrator reaches close on Ferrybridge WtE project

Wheelabrator Technologies' UK unit has reached financial close for its £207 million share of the 70 MW Ferrybridge Multifuel 2 waste to energy...

08 September 2017
in
Agri/Soft Commodities

DLG farming co-op debuts in loan market

Danish agricultural co-operative Dansk Landbrugs Grovvareselskab (DLG) has debuted in the syndicated loan market with a €625 million ($754 million) three-year...

08 September 2017

Phanes Group solar power incubator for sub-Sahara

The Dubai-headquartered developer has launched a Solar Incubator programme with partners including Hogan Lovells, Proparco, responsAbility and RINA Consulting, for PV...

08 September 2017

The ai Corporation partners with Quatrro for fraud detection

Fraud and risk management specialist The ai Corp will team up with fraud detection and prevention services provider Quatrro in a partnership that will allow financial...

08 September 2017

TransCanada asks for 30-day suspension of pipeline review

TransCanada Corp is seeking a delay to the National Energy Board review of the $15.7 billion Energy East pipeline project, fuelling speculation that the contentious...