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26 January 2018
in
Transport

Mirova buys stake in Portuguese road concessions

Mirova – part of Natixis Investment Managers – has bought a 23.8% stake in Concessionaria de Estradas ViaExpresso da Madeira and a 35.2% stake in...

26 January 2018
in
Transport

North East Link PPP kicks off

The Victorian government has issued a request for PPP advisers and providers to register interest in developing the A$16 billion ($12.8 billion) North East Link PPP toll...

26 January 2018

Project and asset finance partner Westcott joins Reed Smith Paris

Reed Smith's Financial Industry Group in Paris has hired project, asset and export finance partner Victoria Westcott. She joins from White & Case, where she was a...

26 January 2018

Keenan joins Hogan Lovells

Hogan Lovells has poached Kevin Keenan from Baker Botts to join the firm's Houston office as a partner in the infrastructure, energy, resources, and projects...

26 January 2018
in
Renewables

Genneia adds $150m to bond to fund RenovAr wins

Argentine power company Genneia has followed up its $350 million five-year international bond debut – placed in early 2017 – with a further $150 million...

26 January 2018

Jones Day opening Melbourne office

Jones Day is opening an office in Melbourne in early February. The new office will initially focus on M&A, energy, IP, restructuring, and disputes, with an emphasis...

26 January 2018
in
Power

EU to invest €873m in 17 energy infrastructure projects

The Connecting Europe Facility (CEF) Coordination Committee has approved the European Commission proposal for a €873 million investment in 17 key energy...

26 January 2018

Norway's DNB partners with Kyriba

Cloud treasury and financial management solutions provider Kyriba has announced a strategic channel sales partnership with DNB, Norway's largest financial services...

26 January 2018

RDIF, AIIB to invest in China-EU ‘digital bridge’ through Russia

The Russian Direct Investment Fund (RDIF) and the Asian Infrastructure Investment Bank (AIIB) may jointly invest in the 'digital bridge' - a broadband internet...

26 January 2018

India Exim likely to price dollar bonds at 125 bps over US Treasury yield

The Export-Import Bank of India is likely to price its ten-year dollar bonds at close to 125 basis points over the ten-year US Treasury yield. The bank is...

26 January 2018
in
Renewables

NEA approves PPA for 216MW Upper Trishuli hydro project

The board of state-owned power utility Nepal Electricity Authority (NEA) has approved the draft PPA with the Korean joint venture Nepal Water and Energy Development...

26 January 2018

Chexim loan to finance South Sudan Air Traffic Management system

The Export-Import Bank of China (Chexim) has agreed a $248.8 million loan to South Sudan to finance the establishment of an Air Traffic Management system in the...

26 January 2018
in
Power

Emera fails to receive Massachusetts backing for Atlantic link

Emera has failed in its bid to secure a long-term offtake contract for its 1GW Atlantic Link subsea transmission project to connect Canada and southern New England...

26 January 2018

ADB partners with Yoma Bank to support SMEs in Myanmar

The Asian Development Bank's Trade Finance Program and Yoma Bank have signed an agreement to provide guarantees of at least $10 million annually to support trade,...

26 January 2018

EIB agrees loan to boost fire-hit SMEs in Portugal

The European Investment Bank has agreed a €75 million loan to Banco Comercial Portugues (Millennium bcp) to finance SMEs and midcaps affected by forest...

25 January 2018

Opportunity of the day: Shenzhen Kstar looking to USD credit facilities in Hong Kong for overseas solar power business

Shenzhen Kstar Science and Technology Co Ltd is looking to USD credit facilities in Hong Kong for its overseas solar power business, said company secretary Fan Tao. The...

25 January 2018

IsDB cancels $175m Bangladesh projects over deadline failure

The Islamic Development Bank (IsDB) has withdrawn $175.5 million fund commitments for two projects in Bangladesh as the country failed to meet with policy...

25 January 2018

Hancher leaves Allen & Overy

Amsterdam-based project finance lawyer Leigh Hancher has left her role at Allen & Overy. Hancher, 61, spent nealry 10 years working with...

25 January 2018
in
Oil & gas

El Encino-La Laguna nears full financial close

Financial close on the hybrid refinancing for the El Encino-La Laguna natural gas pipeline in Mexico is waiting on the results of final testing of the...

25 January 2018

Time for more Basel-friendly project loan CLOs?

The latest revisions to Basel III are generally good news for banks. But they’ll still have to do more to manage their project finance loan books.