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27 November 2018

Herbert Smith Freehills promotes Mark Veitch to Of Counsel

International law firm Herbert Smith Freehills has promoted projects specialist Mark Veitch to Of Counsel. Veitch advises on the structuring, risk analysis,...

27 November 2018
in
Renewables

AAI to establish 8MW solar project at Hubballi airport

The Airports Authority of India (AAI) is looking to establish an 8MW grid-connected solar project at Hubballi airport and is tendering an EPC contract to build the...

27 November 2018

ADB agrees $50m Bangladesh microfinancing loan to PKSF

The Asian Development Bank has approved a $50 million loan to promote microenterprise development in Bangladesh through a credit line to Palli Karma Sahayak Foundation...

27 November 2018

Solid Cement secures $75m loan for new Antipolo plant

CEMEX Holdings Philippines has secured a subordinated revolving loan worth up to $75 million to finance its new plant in Antipolo, Rizal. The listed cement...

27 November 2018

Troubled IL&FS considers sale of further units following EoI response

Troubled Indian infrastructure development and finance company Infrastructure Leasing and Financial Services Ltd (IL&FS) has received an 'overwhelming...

27 November 2018
in
Transport

Croatia's Zagreb Airport to close refi next month

Sponsors of Croatia's Zagreb Airport – Bouygues Batîments (20.77%), Aeroports de Paris Management (20.77%), Marguerite Fund (20.77%), IFC (17.58%), TAV...

27 November 2018
in
Transport

North East Link tenders A$200m early works package

North East Link has issued an expression of interest for construction companies interested in competing for a A$200 million ($145 million) early works package for the...

27 November 2018
in
Power

Bayonne power plant acquisition loan priced

Morgan Stanley Infrastructure Partners closed a $500 million seven-year miniperm on 21 November to finance the acquisition of the Bayonne Energy Center gas/oil-fired...

27 November 2018
in
Renewables

Orsted completes sale of Hornsea 1 stake

Wind developer Orsted has completed the sale of a 50% stake in the 1,218MW Hornsea 1 Offshore Wind Farm to Global Infrastructure Partners (GIP). The project is under...

27 November 2018

Treharne joins Arup's New York office as Principal

Arup has broadened its advisory services with the appointment of Tim Treharne as a Principal in the New York office. Treharne was European chief...

27 November 2018
in
Transport

Bangalore turns to ADB for $500m airport metro project finance

The Bangalore Metro Rail Corporation Limited is seeking a loan worth $500 million from the Asian Development Bank for the airport metro project. Managing Director Ajay...

27 November 2018

Three new members of Ghana EXIM Bank board are sworn in

Three new members of the Ghana EXIM Bank board have been sworn in. Afua Asaabea Asare, Chief Executive Officer, representing the Ghana Export Promotion Authority; Elsie...

27 November 2018

NIB, Srei Equipment Finance launch lending and leasing facility

The Nordic Investment Bank and Indian construction and mining equipment financing group Srei Equipment Finance have agreed on a €20 million loan programme for the...

27 November 2018
in
Waste and water

ADB agrees $100m loan modernise irrigation systems in Vietnam

The Asian Development Bank has approved over $100 million in financing to help the government of Vietnam install eight modernised irrigation systems in five...

27 November 2018

JICA agrees grant to rehabilitate Lagos substations

The Japan International Cooperation Agency (JICA) has signed a deal with Nigeria to provide grant aid of up to JPY2.349 billion for the Project for Emergency...

27 November 2018

Federal government agrees to $1.2bn Seattle light-rail grant

The Federal Transit Administration has agreed to a grant of $1.2 billion for the construction of the $3.2 billion Lynnwood Link Extension light-rail project in...

26 November 2018
in
Transport

DP World close on Posorja port DFI project debt

DP World Posorja has closed a $377 million financing for the first phase of its $1.2 billion multi-purpose Posorja port project in Ecuador. Phase 1 of the 50-year PPP...

26 November 2018
in
Renewables

Tilt Dundonnell Wind debt sold down

A$300 million ($217 million) of the A$400 million project debt raised by Tilt Renewables for its 336MW A$560 million Dundonnell wind project in Western Victoria has been...

26 November 2018
in
Renewables

EIB supporting SBI and YES Bank renewables lending

The European Investment Bank (EIB) is to increase its support to investment in Indian onshore wind through the expansion of an existing lending program with the...

26 November 2018
in
Oil & gas

Petroperu refinery financing to close this week

After signing in January, state owned Petroperu is set close an ECA-backed financing backing upgrades for its $5 billion Talara refinery on Tuesday. The...