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31 March 2017

Japan resumes lending to Iraq with $480 million for power project

JBIC, MUGJ and Sunitomo Mitsui have come together to co-finance a project that relies on Japanese equiptment. The 32 million yen JBIC loan is not from official...

31 March 2017

ICC Banking Commission launches questionnaire for annual trade finance report

The International Chamber of Commerce (ICC) Banking Commission has released the questionnaire behind its annual trade finance report, urging banks globally to participate...

31 March 2017

EIB confirms €200 million loan to State Bank of India for solar projects

The 20-year European Investment Bank loan will support a total investment of €650 million in five large-scale solar PV projects.  Four developments in the...

31 March 2017

New Development Bank signs first Indian project loan

NDB and the Indian government agreed a $350 million loan for the Madhya Pradesh Major District Roads Upgrade project. The project covers the improvement to 1500km of...

30 March 2017

Opportunity of the day: EDF and DEWA prepare EPC shortlist for development of Al Maktoum's 800MW phase-III solar project

EDF Group and Dubai Electricity and Water Authority (DEWA) are preparing to enter into negotiations with international EPC firms regarding the development of the 800MW...

30 March 2017

Botswana mining licence granted to Sese intergrated coal and power project

The 51 square km area covered by the 25-year licence contains enough raw coal to comfortably exceeds the requirement for the planned 450MW power station plus...

30 March 2017

El Salvador renewables auction winners sign PPAs

Four PV solar plants with a combined capacity of 119MW have signed for an average of $51.48/MWh.  This is the lowest price achieved at Latin American auctions to...

30 March 2017

Afghan Ministry green-lights 250MW Jawzjan generation project

Ministry of Energy and Water has announced an electricity generation project in three phases using natural gas. A private company is investing $60 million in the 52MW...

30 March 2017

$1.35 billion local debt financing for Dasu Hydro project

A consortium led by Habib Bank has provided funds to the Water and Power and Development Authority for the construction of Stage I of the Pakistani power generating...

30 March 2017

Tenaska looks to build 200MW Nodaway County wind project

A private energy firm and Merrigan Energy Group are looking to develop a 200MW-300MW wind farm in Missouri. Project costs are estimated to be in excess of $200...

30 March 2017

Delfin LNG granted licence for Louisiana deepwater port

Marad has approved the plans for a port complex and four FLNG vessels off the coast of Cameron, Louisiana. A 50 mile pipeline will link the facility to an onshore gas...

30 March 2017

Doosan awarded $421m EPC contract for Shuaibah desalination project

The South Korean engineering and construction company is to build the seawater reverse osmosis desalination plant for Saudi Arabia’s second largest city, on behalf...

30 March 2017

Harbour City Solutions awarded City of Hamilton biosolids PPP

A consortium made up of Synargo, Bird Construction and Maple Reinders has signed a DBFOM contract for a biosolid management project with the city of Hamilton, Ontario....

30 March 2017

Lyon Group unveils $1bn Riverland solar and battery storage project

A $1 billion battery and solar farm will be built at Morgan, in South Australia's Riverland. The 100% equity-financed project has been dubbed "the world's...

30 March 2017

MUFG has high hopes for Saudi project finance

Mitsubishi UFJ Financial Group (MUFG) is expecting double-digit growth in its Middle East project finance business in 2017. The rise will be driven partly by Saudi...

30 March 2017

JICA invests in Bangladesh power plant construction

The International Finance Corporation (IFC) has enlisted the Japan International Cooperation Agency (JICA) to invest $30 million in a project to build a 414MW dual-fuel...

29 March 2017

Opportunity of the day: Distributed generation solar power facility with capacity of 9MW - East Africa

Tugliq Energy is expecting to sign a MoU to develop an off-grid 9MW solar power project in East Africa and is actively looking to confirm project finance and long-term...

29 March 2017

Acwa Power wins solar under Egypt's FiT Round 2

Acwa Power has won a contract to develop a solar project under the Egyptian government’s feed-in-tariff (FiT) Round 2 and plans to mandate banks by 20 April...

29 March 2017

Development finance closes Mafraq I and II

Abdul Latif Jameel Energy has reached financial close for two Jordanian solar PV projects. The International Finance Corporation arranged the financing of Mafraq I, while...

29 March 2017

Deltawind and Zeeuwind close wind project financing

Dutch energy groups Deltawind and Zeeuwind have closed on the 102MW wind project in Zeeland. Debt financing was provided by ASN Bank, ING Rabobank, SMBC and local...