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17 May 2017

TAV out to banks for Saudi airport loans

TAV is in talks with banks to raise a $250 million loan for developing airports in Yanbu, Qassim, Saudi Arabia.

17 May 2017

EIB funds bus rapid transit project in Nicaragua

The European Investment Bank (EIB) is providing a $136 milliion loan to finance construction of a new Bus Rapid Transit (BRT) line in Managua, Nicaragua. The sovereign...

16 May 2017

Opportunity of the day: SepcoIII seeks financing for SWCC's $1.37bn phase-III Yanbu IPP

SepcoIII Electric Power Construction Corporation has begun to seek project finance for the construction of phase III of the Yanbu water and power project, which will cost...

16 May 2017

DFI loan to Kenya nears syndication

Syndication of a $500 million DFI-backed sovereign loan to Kenya to fund infrastructure projects is expected to launch in August. The deal comprises a $200 million...

16 May 2017

New equity for Gaziantep PPP as full financial close nears

InfraPartners Management (IPM) and its local Turkish partner Actus Asset Management have reached close on a private equity fund on behalf of KDB Infrastructure...

16 May 2017

Acwa Power closes Noor PV1

Acwa Power reached financial close on a $64 million KfW facility for its 170MW $225 million Noor PV1 project in Morocco on 8 May. Noor PV1 comprises three photovoltaic...

16 May 2017

Coral South FLNG jumps last legal hurdle to FID

Mozambique's Council of Ministers has approved the financing structure for the $4.6 billion Coral South FLNG project in the Rovuma Basin. A final investment...

16 May 2017

Sweihan PV signing due

Financing for the 1177MW Sweihan solar PV project in Abu Dhabi is due to be officially signed tomorrow. Sponsored by Marubeni (20%), JinkoSolar (20%) and ADWEA (60%),...

16 May 2017

Japanese banks invited on board Philippines hybrid PPP programme

The Philippines Department of Finance is looking at accelerating the funding for rolling out the massive infrastructure programme. The govenment intends to initiate...

16 May 2017

Qatar and Sweden join for green desalination project

Swedish companies Monsson Energy and Sweco will team with Kahramaa and Qatar Electricity and Water Company on a proposed eco-friendly water desalination project in the...

16 May 2017

Another Indian record low solar tariff set at Bhadla III auction

The 500MW Bhadla Phase-III Solar Park auction saw both winning bids beat the previous record low price set only last week at Bhadla's Phase IV auctions. Acme Solar...

16 May 2017

Regulator awards compensation for coal import levy to Adani for Mundra power plant

The Central Electricity Regulatory Authority (CERC) will fully compensate Adani Power for the rise in generation costs as a consequence of government levies on coal...

16 May 2017

Nepal seeks consultants for transmission and solar project

The Nepal Electricity Authority (NEA) is looking to implement a $130 million initiative to set up 25MW of solar power and reduce power distribution losses to the grid....

16 May 2017

Standard Bank finalises $120m funding for ZPC

Standard Bank has partnered with Southern African Trade and Development Bank to supply the Zimbabwe Power Company (ZPC) with funds to boost capacity at the Kariba South...

16 May 2017

Trianel Windpark Borkum II: Cheap just got cheaper

Financial close on Trianel Windpark Borkum II has set a new benchmark low for the cost of German offshore wind debt. Although structured under the old EEG regime, the...

16 May 2017

CDB agrees $4.5bn loan for Jakarta-Bandung high speed rail link

China Development Bank (CDB) has agreed to cover three-quarters of the Kereta Cepat Indonesia-China (KCIC) project costs for the construction of the 142km rail line. The...

16 May 2017

EC conditionally approves French aid to CEB gas-fired power project

The 400MW combined-cycle project was awarded to the consortium Compagnie Electrique de Bretagne (CEB) composed of French utility Direct Energie and Siemens with the...

16 May 2017

NEA prepares for Upper Trishuli hydro PPA talks

The state-owned power utility Nepal Electricity Authority (NEA) is set to begin power purchase negotiations with Korean joint venture developer Nepal Water and Energy...

15 May 2017

Opportunity of the day: Rooftop solar panels totaling 12MW for passenger terminal - Kuwait

Limak Holding AS arm Limak Insaat Sanayi Ve Ticaret AS is planning to initiate discussions with international suppliers for solar panels required for passenger terminal...

15 May 2017

Dubai Airports loan signed

The $3 billion Dubai Airports loan to fund expansion of Dubai World Central and the Al Maktoum International Airport has signed, albeit a couple of months later than...