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17 March 2020

IsDB sets up $730m facility to combat Covid-19

The Islamic Development Bank has established a $730 million facility to help member countries mitigate the socio-economic impact from Covid-19, the ‘Strategic...

17 March 2020
in
Power, Renewables

CPP Investments completes Pattern Energy acquisition

Canada Pension Plan Investment Board (CPP Investments) has completed the acquisition of all outstanding common shares of Pattern Energy for $26.75 per share in a cash...

17 March 2020
in
Renewables

Lease for Montenegro's first wind farm nears signing

Montenegro's Ministry of Economy has announced that the negotiations for a lease for the 100MW wind farm in Brajici, near the city of Budva in the...

17 March 2020
in
Power, Renewables

Neoen closes first ESG-linked loan

Neoen has signed its first syndicated loan. The €200 million ($220 million) 4.3-year deal comprises a €125 million amortising loan and a €75 million...

17 March 2020
in
Oil & gas, Transport

Malaysian GLCs sign MoU for Sabah maritime projects

Malaysian state GLCs Sabah Ports Sdn Bhd (SPSB) and Asian Supply Base Sdn Bhd (ASB) have signed a MoU to create advanced services and facilities for oil and gas, marine,...

17 March 2020
in
Social infrastructure

Belarus development bank backs hospital projects

Development Bank of the Republic of Belarus is providing loans to build a healthcare complex in Brest and to reconstruct City Clinical Hospital No.3 in Grodno. The...

17 March 2020

Wong to take over at Sembcorp

Sembcorp Industries has appointed Singapore Power's chief executive Wong Kim Yin as its group president and CEO from July 1. He succeeds Neil McGregor who is retiring...

17 March 2020
in
Power, Renewables

ANZ appoints new head of sustainable finance for New Zealand

ANZ has appointed Dean Spicer as head of sustainable finance New Zealand . Spicer was ANZ’s head of capital markets for nearly 14 years and he will remain in the...

17 March 2020

Triodos backs Pod Point with loan

Triodos Bank UK is providing a loan to Pod Point – an electric vehicle (EV) charging infrastructure developer which was recently bought by EDF and Legal &...

17 March 2020
in
Waste and water

Dammam West treatment plant nears close

A Metito-led consortium is nearing financial close on the $230 million Dammam West independent sewage treatment project in Saudi Arabia. Sponsored by Metito, Mowah...

17 March 2020
in
Renewables

Orsted extends offtake backing UK's Westermost Rough wind farm

Good Energy have signed an extended offtake agreement with Orsted for the 210MW Westermost Rough wind farm for a further three years. The project, located in the...

17 March 2020
in
Renewables

Terna Energy to invest €550m in Greek renewables

Terna Energy has launched a €550 million ($604 million) wind investment programme for projects in Greece. Terna is in the process of buying RF Omalies from RF Energy...

17 March 2020
in
Renewables

NTPC tenders 50MW of solar capacity in Jharkhand

NTPC Vidyut Vyapar Nigam Limited (NVVN), a National Thermal Power Corporation (NTPC) subsidiary, is inviting bids for 50MW of grid-connected solar capacity at Panchet in...

17 March 2020
in
Oil & gas, Transport

Golar to develop LNG import project in Pernambuco

Golar Power Limited and the Brazilian State of Pernambuco have signed a Protocol of Intentions to develop an LNG import terminal in the Port of Suape. The project...

17 March 2020
in
Power

Chesapeake Energy restructures debt pile

Chesapeake Energy Corp has tapped debt restructuring adviser, Kirkland & Ellis, and investment banker, Rothschild & Co,  to restructure the company's...

17 March 2020
in
Metals and Mining

Anglo American's Peru copper project slows following covid-19 quarantine

Anglo American has announced it will be slowing down the construction work of the Quellaveco copper project in Peru, following a 15-day national quarantine due to the...

17 March 2020

Chinese takeaways

Chinese inroads into Latin American project markets are on the rise – and US isolationist policies have helped. With Chinese sponsors willing to take on the type of risk...

17 March 2020

What barriers to ESG in infrastructure credit ratings?

Major credit ratings have committed to incorporating ESG issues into credit analysis. But infrastructure credits present unique challenges. Proximo talks to S&P Global...

17 March 2020
in
Waste and water

World Bank approves first Chinese domestic PPP loan

The World Bank has approved a €89.1 million ($99 million) loan for a water sector public private partnership project in the city of Deyang, Sichuan Province. It is...

17 March 2020
in
Metals and Mining

ArcelorMittal-Nippon Steel inks JBIC-backed loan agreement

ArcelorMittal Nippon Steel India – a joint venture between Japanese steelmaker Nippon Steel and ArcelorMittal – signed a 10-year $5.15 billion JBIC-backed...