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News
28 November 2019
in
Transport

ADB approves $33m loan to design project for Dhaka MRT Line 5

The Asian Development Bank has approved a concessional loan of $33.26 million for a project to design the Dhaka Mass Rapid Transit (MRT) line 5 (Southern Route) that will...

News
27 November 2019
in
Power

ContourGlobal closes on Alpek CHP acquisition

ContourGlobal has completed its purchase of Alpek’s gas-fired combined heat and power assets for $724 million plus a $77 million VAT payment. The portfolio consists...

News
27 November 2019
in
Oil & gas

Braskem Idesa debuts with project debt bond refinancing

Braskem Idesa has launched a debut US dollar 10-year non-call five bond deal for around $900 million to refinance project finance debt backing the Etileno XXI...

News
27 November 2019
in
Power

Gulf Pluak Daeng CCGT plant closes financing

Gulf Energy (70%) and Mitsui & Co (30%) have reached financial close on a ECA/DFI-backed loan to finance the THB50 billion ($1.655 billion) 2,650MW Gulf Pluak Daeng...

News
27 November 2019
in
Power

Tlou Energy progressing Lesedi CBM financing

Tlou Energy is progressing negotiations with Botswana Development Corporation (BDC) to finance its Lesedi coal-bed methane (CBM) project in Botswana. Tlou is looking for...

News
27 November 2019
in
Power, Renewables

Duke issues green bond to fund renewables projects

Duke Energy Florida has issued a $700 million green bond to finance renewable energy projects. The deal is the third green bond issued by a Duke Energy utility in the...

News
27 November 2019

IsDB ups support for Turkey

The Islamic Development Bank (IsDB) and various Turkish stakeholders have signed cooperation agreements backing both exporters and the transport sector. The IsDB will...

News
27 November 2019
in
Waste and water

Hyflux and Utico agree rescue plan

Singaporean water developer Hyflux has finally signed a SGD400 million ($294 million) rescue plan with Utico, three days before Hyflux is scheduled to give the Singapore...

News
27 November 2019
in
Renewables

Fujairah 3 bids in amid non-compliant rumours

Nearly half of the bids for the combined-cycle gas turbine (CCGT) Furjairah 3 plant in the UAE are non-compliant, according to sources. The top three prospective bidders...

News
27 November 2019
in
Social infrastructure

John Holland wants A$300m for Perth Children's Hospital delays

Construction company John Holland is resorting to legal action to recoup outstanding payments from the WA Government following delays to the completion of the  A$1.2...

News
27 November 2019
in
Power

EBRD debars GE Power Sweden for six years

The EBRD has imposed a six-year term of debarment on GE Power Sweden following an investigation in cooperation with the UK’s Serious Fraud Office (SFO). The...

News
27 November 2019
in
Transport

Hermes to buy majority stake in Spanish toll road portfolio

Hermes Infrastructure is to buy a 74% interest in a €950 million Spanish toll road concession portfolio from ACS Group. ACS subsidiary Iridium Concesiones...

News
27 November 2019
in
Transport

RAPT Dev and Getlink JV to target French regional rail market

RATP Dev has signed an agreement with Channel Tunnel operator Getlink to establish a joint venture to bid for tendered operating contracts in the forthcoming opening up...

News
27 November 2019
in
Renewables

Cincinnati signs PPA for 100MW solar project

The City of Cincinnati has entered into a 20-year fixed rate PPA for a 100MW solar project to be built 40 miles east of the city in Highland County, Ohio. A 35MW array...

News
27 November 2019
in
Transport

Montenegro receives interest from 8 bidders for airport concession

Montenegro's ministry of transport has received seven expressions of interest in the 30-year concession to run the airports in Podgorica and Tivat. The government is...

News
27 November 2019
in
Oil & gas

Korean consortium closes purchase of Utopia pipeline stake

A South Korean consortium of EIP Investment Co, Shinhan Investment Corp, KIAMCO and Samtan Co  has closed the acquisition of a 50% ownership interest in the...

News
27 November 2019
in
Renewables

Delivery of ScottishPower's 3 East Anglia offshore wind projects to be combined

ScottishPower Renewables is planning to combine the delivery programme for its three East Anglia offshore wind projects and their 3.1GW of renewable capacity. The East...

Perspective
27 November 2019
in
Transport

Will Brebemi's refinancing put it on the road to profitability?

How do you refinance a toll road that has been making losses since it opened in 2014? Brebemi appears to have done so – but the debt is not cheap and the solutions to the...

News
27 November 2019
in
Transport

CMA CGM SA to raise $2bn from sale of port assets

French container shipping giant CMA CGM SA is planning to raise $2 billion in the next six months through a series of deals to finance the recent $1.7 billion acquisition...

News
27 November 2019
in
Oil & gas, Power, Renewables

UniCredit to exit thermal coal financing by 2023

UniCredit is to stop all lending for thermal coal projects by 2023 in a bid to improve its green credentials. A week previous to this announcement, the bank also said it...