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News
27 February 2024
in
Infrastructure

Hekurudha Shqiptare receives funding for Albanian rail modernisation

A €373 million ($405 million) project to modernise the Vore-Hani i Hotit railway line in Albania has received financing.State-owned railway company Hekurudha...

News
27 February 2024
in
Infrastructure

Philippines to pen 3rd tranch of Manila subway project financing

The Philippine government is close to securing a third tranche of funding, valued at PHP55.7 billion (over $992 million), from JICA for its Metro Manila Subway Project....

News
27 February 2024
in
Renewables

Hydrogen Utopia seeks £500m tie-up with biofuels firm

Britain’s Hydrogen Utopia International is looking to combine with a “profitable international” bio-energy company active in the production and business...

News
26 February 2024
in
Other

Hanwha set to sign $751m howitzer deal with Romania

South Korean aerospace and defence system developer Hanwha Aerospace is set to sign a KRW1 trillion ($751 million) contract to supply its K9 howitzers to Romania next...

News
26 February 2024
in
Metals and Mining

Pensana signs term sheet for Longonjo project financing

Pensana has signed a non-binding term sheet for a $156 million project finance debt facility with a consortium of lenders for its Longonjo project, in Angola.The facility...

News
26 February 2024
in
Metals and Mining

€1.3bn ArcelorMittal grants approved for hydrogen-based steel production in Germany

ArcelorMittal has had €1.3 billion ($1.4 billion) of grants approved by the European Commission to support decarbonise two steel plants in Germany with low-carbon...

News
26 February 2024
in
Metals and Mining

MIND ID to acquire 14% stake in Vale Indonesia from foreign investors

Indonesia's mining industry holding company, MIND ID, has agreed to acquire a 14% stake in Vale Indonesia from Vale Canada and Japan's Sumitomo Metal Mining to...

News
26 February 2024
in
Oil & gas

Qatar to build new LNG project as US stalls on export push

Qatar plans to expand exports of liquefied natural gas amid rising demand and a pause on growth projects in the US, a key rival supplier. The nation, which vies with...

News
26 February 2024
in
Power

Hyundai E&C the preferred bidder for nuclear project in Bulgaria

Hyundai Engineering & Construction is the preferred bidder for a nuclear power plant project in Bulgaria, signaling the company’s return to the overseas nuclear...

News
26 February 2024
in
Manufacturing & equipment

JBIC finances Epoch's business in Laos

JBIC is collaborating with Epoch to support the expansion of its toy manufacturing business in Laos. Through a loan agreement with Epoch's subsidiary, Epoch Toys...

News
26 February 2024
in
Manufacturing & equipment

JBIC supports Tanaka's business in Vietnam

JBIC is providing a JPY25 million ($166,069) loan to Tanaka's subsidiary, Tanaka Vietnam Co (TVC) supporting the expansion of its precision sheet metal processing and...

News
26 February 2024
in
Renewables

Greening secures funds for Mexican DG project

Spanish renewables firm Grupo Greening has secured a green loan to finance the construction of a 41.9MW distributed solar project for a corporate customer in Mexico.The...

News
26 February 2024
in
Chemicals/Petrochemicals

ADNOC's $30bn chemicals tie-up with OMV stalls

Talks related to a planned $30 billion merger between the chemicals arms of ADNOC and Austrian oil and gas company OMV have reportedly stalled in recent weeks.The parties...

News
26 February 2024
in
Infrastructure

DLA Piper adds Bruno Soares as project finance partner

DLA Piper has added Bruno Soares as a partner in the firm’s cross-border Project Finance Practice, expanding its presence between New York and Latin America.Soares...

News
26 February 2024

OMV Petrom secures €50m for green hydrogen projects

Romania’s OMV Petrom has secured up to €50 million ($54.1 million) in financing through the country's National Recovery and Resilience Plan to build two...

News
26 February 2024
in
Metals and Mining

Private credit dominates Whitehaven's $1.1bn loan

Australia's Whitehaven Coal drew 17 private credit providers and one bank for a $1.1 billion loan to buy two mines. The deal is the latest example of direct lenders...

News
26 February 2024
in
Manufacturing & equipment

Meyer Burger plans rights issue, closure of Freiberg site

Meyer Burger Technology has unveiled a financing strategy aimed at bolstering its presence in the US solar market while addressing operational challenges in...

News
26 February 2024
in
Manufacturing & equipment, Oil & gas

Hyundai Samho secures $1.08bn order for LNG carriers

Hyundai Samho has clinched a deal to construct four LNG carriers valued at approximately $1.08 billion. The order, announced by Hyundai Samho's parent company HD...

News
26 February 2024
in
Infrastructure

KfW IPEX funds climate-neutral inland terminal in Port of Duisburg

KfW IPEX-Bank has provided financing for the development of the Duisburg Gateway Terminal (DGT), a trimodal inland terminal located within the Port of Duisburg. The...

News
26 February 2024
in
Infrastructure

Nigeria, Afreximbank announce $1bn partnership to transform healthcare sector

The Government of Nigeria and Afreximbank have unveiled a $1 billion healthcare sector partnership. Established through a MoU between Afreximbank and the Federal Ministry...