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News
08 January 2019
in
Waste and water

Rabigh 3 IWP nears close

Sponsors of the Rabigh 3 independent power and water project (IWP) in Saudi Arabia – ACWA Power, Saudi Brothers Commercial Company and Sidem – are expected to...

News
08 January 2019
in
Transport

Croatia awards PSO rail contract to national operator HZPP

The Croatian Minister of Maritime Affairs, Transport & Infrastructure has awarded a public service obligation contract to incumbent national rail operator HZPP. The...

News
08 January 2019
in
Renewables

Canadian Solar closes sale of 18MW portfolio to Sonnedix

Canadian Solar has completed the sale of an 18MW portfolio of solar power projects in Chile to Sonnedix. The projects are located in the Maule...

News
08 January 2019
in
Renewables

AEP companies solicit wind capacity

American Electric Power (AEP) companies Southwestern Electric Power Co (SWEPCO) and Public Service Co of Oklahoma (PSO) have each issued request for...

News
08 January 2019
in
Renewables

WKN sells rights to three French wind farms to Quaero Infra fund

The PNE Group's WKN GmbH has sold the project rights for three French wind farms to Quaero European Infrastructure Fund. The projects are the...

News
08 January 2019

AfDB approves $14m to support Nigeria’s membership in ATI

The African Development Bank (AfDB), through its trade finance operations, has approved a $14.12 million facility to support Nigeria's membership in the African Trade...

News
08 January 2019
in
Renewables

GUNVL tenders 500MW of grid-connected solar capacity

Gujarat Urja Vikas Nigam Ltd (GUVNL) is tendering 500MW of grid-connected solar capacity with an option to double capacity should...

News
08 January 2019
in
Renewables

EDF to provide O&M services for Phoenix Wind assets

EDF Renewables North America has signed an agreement to provide operations and maintenance services for three Phoenix Wind Repower projects located in Texas. EDF...

News
08 January 2019
in
Transport

Faro Island bridge retendered

A new tender for a 180m bridge to Faro Island has been issued after the original project failed to attract interest. The Portuguese project is being procured by the...

News
08 January 2019
in
Metals and Mining

China Titanium Resources to provide funding for Mayur's Orokolo Bay project

Australia's Mayur Resources Limited has secured up to US$25 million in funding from China Titanium Resources Holdings Limited for a 49% stake in MR Iron PNG Pte...

News
08 January 2019

China and US battle for African infrastructure

Development finance lending from state-backed institutions is the most important component of infrastructure funding in sub-Saharan Africa, according to new research from...

News
08 January 2019

BNDES to return $27bn to Treasury this year

Brazil's development bank BNDES aims to return up to BRL100 billion ($27 billion) in loans owed to the Treasury this year, as the country's new economic team...

News
08 January 2019
in
Transport

Thailand approves $1.5bn Brown Line rail PPP

Thailand's Land Traffic Management Commission has approved the THB48.38 billion ($1.5 billion) Brown Line monorail project for development by the Mass Rapid Transit...

News
08 January 2019

BNDES agrees $484m loan for ethanol pipeline expansion

Brazilian development bank BNDES will lend BRL1.81 billion ($484.5 million) to Rio de Janeiro-based Logum Logistica for the implementation of ethanol...

News
08 January 2019
in
Transport

MPIC secures loan for Cebu Cordova Expressway

Metro Pacific Investments Corporation's (MPIC) subsidiary Cebu Cordova Link Expressway Corporation (CCLEC) has signed a 15-year, PHP19 billion ($361 million) omnibus...

News
08 January 2019

Jim Yong Kim steps down as World Bank president

World Bank President Jim Yong Kim has made the surprise announcement that he is stepping down after six years in the post. His resignation will take effect from 1...

News
08 January 2019

Baker Botts hires corporate and projects lawyers to London office

International law firm Baker Botts has announced that Richard Brown and Nick Collins have joined the firm’s Corporate Practice and Global Projects Practice...

News
07 January 2019

Phillip Fletcher retires from Milbank

International project finance lawyer, Phillip Fletcher, has retired from Milbank Tweed effective 31 December 2018. Fletcher had worked at the law firm for 36...

News
07 January 2019
in
Transport

MPCALA closes on Calax toll road debt

MPCALA Holdings, a subsidiary of Metro Pacific Investment, signed a PHP24.2 billion ($462 million) 15-year loan to fund the construction of the four-lane 45km...

News
07 January 2019
in
Manufacturing & equipment, Social infrastructure

ADC sounding out lenders for $1bn Phosphate Fertilizer

Aqaba Development Corporation (ADC), a subsidiary of Manaseer Group, has begun sounding out bank and ECA appetite for the estimated $1 billion Phosphate Fertilizer...