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News
18 June 2019
in
Transport

Milan Metro Line 5 debt repriced

The Metro 5 consortium – comprising FS Italiane, Astaldi, Ansaldo STS, Azienda Trasporti Milanesi, Alstom and Hitachi Rail Italy – has negotiated a margin cut...

News
18 June 2019
in
Oil & gas

Duqm vehicle eyes $10bn petchem project financing

Duqm Refinery and Petrochemical Industries Company (DRPIC), a state-owned joint venture between Oman Oil Company and Kuwait Petroleum International, is expected to launch...

News
18 June 2019
in
Power, Renewables

ICBC to raise up to $400m through inaugural green loan

ICBC has appointed BNP Paribas and HSBC as joint Green Coordinators and Mandated Lead Arrangers, to arrange and manage an inaugural green loan for ICBC, London Branch....

News
18 June 2019
in
Power, Renewables

EC approves Italian return to renewable subsidies

The European Commission has authorised an Italian programme of renewable energy subsidies that will award up to €5.4 billion ($6 billion) by 2021. The...

News
18 June 2019
in
Transport

NHAI offers third bundle of TOT highways

The National Highways Authority of India (NHAI) is inviting bids for its third bundle of  public highways under the 30-year toll-operate-transfer (TOT) model....

News
18 June 2019
in
Oil & gas

NextDecade hires Wahl to manage Rio Grande LNG financing

NextDecade Corporation has appointed Brent Wahl as Senior Vice President, Finance. Wahl will be responsible for resolving the financing needs of NextDecade’s Rio...

News
18 June 2019

Ayoub named as new Apicorp CFO

Arab Petroleum Investments Corporation (Apicorp) has appointed Dr Sherif El Sayed Ayoub as Chief Financial Officer. He joins from the Islamic Development Bank (IsDB)...

News
18 June 2019
in
Renewables

wpd Adria plans 1.2GW wind network in Eastern Europe

wpd Adria is looking to invest €1.5 billion ($1.68 billion) in an integrated, subsidy-free wind farm network with 300MW planned for the Livno-Grahovo-Knin area...

News
18 June 2019
in
Transport

European Commission opens investigation into financing of Fehmarnbelt transport link

The European Commission has opened an investigation into the public financing model for the Fehmarnbelt road and rail link.The investigation follows an appeal to the EU...

News
18 June 2019

NIB agrees €96m loan to finance bleached softwood kraft pulp mill project

The Nordic Investment Bank and the Swedish forest company Svenska Cellulosa Aktiebolaget SCA have signed a SEK1 billion (€96.37 million) loan agreement to finance...

News
18 June 2019

Gustavo Montezano named new head of BNDES

Brazilian President Jair Bolsonaro’s government has named 38-year-old banking executive Gustavo Montezano as the head of development bank BNDES, replacing Joaquim...

News
18 June 2019
in
Power, Renewables

USAID, ADB to mobilize $7bn for APAC energy projects

The United States Agency for International Development (USAID) has launched a partnership with the Asian Development Bank to accelerate the transition to a more...

News
18 June 2019
in
Oil & gas

JICA agrees loan for Iraq refinery upgrade project

The Japan International Cooperation Agency (JICA) has signed a loan agreement with Iraq to provide a Japanese ODA loan of up to JPY110 billion for the Basrah Refinery...

News
18 June 2019
in
Transport

Birmingham Airport publishes £500m master plan

The UK’s Birmingham Airport has published its final Master Plan for expansion following a three month public consultation. The plan outlines a £500 million...

News
18 June 2019
in
Renewables

CleanCapital closes refinancing of $85m Tahoe solar portfolio

Investment platform CleanCapital has closed on a refinancing of the 46.9MW Tahoe solar portfolio it acquired last November from ATN International subsidiary Ahana...

News
18 June 2019
in
Power, Renewables

Irish climate action plan advocates 12GW of renewables by 2030

The Irish government has published a new climate action plan - ‘Giving Ireland a Sustainable Future’ - which commits the country to almost tripling its...

News
18 June 2019
in
Power, Transport

Troubled Kier Group to refocus on infra projects and sell property unit

Andrew Davies, the recently appointed chief executive of the UK construction, services and property company Kier Group, has announced a series of measures to get the...

News
18 June 2019

JBIC agrees export credit line for SUEK

Siberian Coal Energy Company (SUEK) has raised a $50 million export credit line from JBIC and NEXI. The deal - structured via SUEK's Cyprus subsidiary SUEK Ltd...

News
18 June 2019
in
Power, Renewables

Meridiam awarded Olstyn WtE project in Poland

A Meridiam consortium has been awarded a waste-to-energy project in Olstyn, capital of the Warmian-Masurian region, in north-eastern Poland. The design, construction,...

News
18 June 2019
in
Power

Chexim helps finance $2.37bn projects in Dhaka

Dhaka will sign two agreements with Beijing to borrow $2.37 billion for two power projects.Of the loan amount, $1.4 billion will be for expanding and strengthening the...