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08 May 2018

IFC, Korea boost support for infrastructure, PPPs in emerging markets

The International Finance Corporation and the government of Korea, have signed an agreement - the Korea-IFC Partnership Program - to increase IFC's advisory services,...

08 May 2018

MIGA and NEXI to share risk through reinsurance

The Multilateral Investment Guarantee Agency and Japan's NEXI have signed a memorandum of understanding to formalise an agreement to share risk, through...

08 May 2018

Turk Eximbank signs loan deals with Uzbek banks

Turk Eximbank has signed loan agreements with private lenders in Uzbekistan and the country's national bank. The lender agreed a $250 million revolving credit...

08 May 2018

IFC proposes $120m loan to trader Olam

The International Finance Corporation has proposed a debt investment of $120 million in Singapore-based commodities firm Olam International. The proposed loan will...

04 May 2018
in
Metals and Mining

Namibia Rare Earths raises C$4m for Kunene Cobalt-Copper project

Namibia Rare Earths has closed a C$4 million share private placement to fund continued exploration on the Kunene Cobalt-Copper Project and for preliminary...

04 May 2018
in
Manufacturing & equipment, Metals and Mining, Social infrastructure

Guinea may force Russian asset sales in bauxite and alumina sector

Guinea’s bauxite and aluminium sector is starting to feel the pressure of US sanctions and the government is quietly considering plans to force Russian firms...

04 May 2018
in
Renewables

Parkwind acquires Arcadis Ost 1 offshore wind project

Belgian offshore wind developer Parkwind has acquired full ownership of KNK Wind from WV Energie. KNK recently won the concession rights for the 247MW...

04 May 2018
in
Renewables

Invenergy achieves financial close for Pine River wind project

Invenergy has completed construction financing 161MW Pine River Wind Energy Center in Gratiot and Isabella counties, Michigan. Rabobank acted as...

04 May 2018

India eyes increased lending from ADB

India’s Economic Affairs Secretary Subhash Chandra Garg met with Asia Development Bank (ADB) president Takehiko Nakao today to discuss increased lending from the...

04 May 2018
in
Renewables

Malawi and Toshiba sign MoU for geothermal development

Malawi’s Ministry of Natural Resources, Energy and Mining (MNREM) and Toshiba have signed an memorandum of understanding to collaborate on...

04 May 2018
in
Social infrastructure

Teams shortlisted for Kenyan university accommodation PPPs

The shortlists of groups to develop accommodation at three Kenyan universities under a PPP have been announced. Kesa, Meridiam, JV Unicamp, PDM-Roko-CBA Capital...

04 May 2018

AIIB and ADB in talks over collaboration

The Asian Development Bank (ADB) and the China-led Asian Infrastructure Investment Bank (AIIB) are said to be talking of collaboration according to Thierry de Longuemar,...

04 May 2018
in
Renewables

Ormat signs $125m financing with OPIC for Honduras geothermal project

Ormat Technologies has signed a financing agreement with the Overseas Private Investment Corporation (OPIC) for a non-recourse project finance loan totaling $124.7...

04 May 2018
in
Power

SBI-led plan to aid stressed Indian power assets

A State Bank of India-led consortium of lenders to stressed power assets has decided to float a fund to take over 14 plants to prevent the projects going into liquidtion...

04 May 2018
in
Renewables

EDF buys 450MW Neart na Gaoithe wind farm from Mainstream

EDF Renewables has bought the fully consented Neart na Gaoithe offshore wind farm project from developer Mainstream Renewable Power. The 450MW project is located in the...

04 May 2018
in
Oil & gas

Indonesia selects four in oil and gas block tender

The Indonesian energy ministry has announced the results of its February direct offer tender for five oil and gas working areas. Winning bidders will carrying out a joint...

04 May 2018
in
Metals and Mining

Harte Gold raises $70m for sugar zone project

Harte Gold has raised $70 million of debt from Sprott Private Resource Lending and Appian Natural Resources Fund to fully fund the construction of its sugar...

04 May 2018
in
Renewables

Approval given for Bango Wind Farm in NSW

The New South Wales Independent Planning Commission has granted approval for a 71-turbine development at the Bango Wind Farm located north of Yass. Australian developer...

04 May 2018
in
Transport

Alstom selected for Grand Paris Express rolling stock contract

Alstom has been selected as preferred bidder for a contract to supply around 1000 driverless metro cars for the Grand Paris Express metro network. The decision was...

04 May 2018
in
Renewables, Waste and water

Lightsource BP to provide Northumbrian Water with 10 solar farms

Northumbrian Water (NWG) is partnering with Lightsource BP to install and operate 10 ground-mounted solar PV systems solar farms across NWG water and sewerage...