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29 November 2017

Banks call for relaxation of leveraged loan rules

Banks are calling for US regulators to relax guidelines created in 2013 that curb their underwriting of leveraged loans. They argue that the rules have not had an impact...

29 November 2017

WTO director-general: SMEs 'still face big hurdles in export trade'

While technology is now available to help SMEs access overseas buyers, tap finance and arrange payments, ignorance about regulations and procedures is holding many back...

29 November 2017

ADB agrees $500m facility to improve rural roads in Indian states

The multitranche financing facility for the Second Rural Connectivity Investment Program will improve rural roads in Assam, Chhattisgarh, Madhya Pradesh, Odisha, and West...

28 November 2017

Opportunity of the day: CNOOC looks to Caterpillar, Cummins as diesel generator suppliers for $135m offshore oilfield upgrade project

China National Offshore Oil Corporation (CNOOC) will begin new procurement process for an offshore oil field upgrade project, according to Chen Bei, a Tianjin-based...

28 November 2017

Chexim agrees $732m loan to Bosnia's EPBiH for new generating plant

Bosnian utility EPBiH has secured a $732 million 20-year loan (including five-year grace period) from Export-Import Bank of China (Chexim) to fund...

28 November 2017

Asian Development Bank to provide $20bn loan to India over five years

Asian Development Bank is to raise annual funding to India to up to $4 billion from existing $2.7 billion, from next year. Annual sovereign funding will increase from $2...

28 November 2017
in
Oil & gas

Bharat PetroResources closes on $400m to fund oil blocks

Bharat PetroResources – a wholly-owned upstream subsidiary of Bharat Petroleum – has closed syndication of a $400 million loan to refinance existing debt and...

28 November 2017
in
Power, Waste and water

Fujairah 1 IWPP pricing guidance out

Pricing guidance has been issued on Emirates SembCorp Water & Power’s $400 million bond refinancing of a portion of the debt on the Fujairah 1 IWPP in the...

28 November 2017
in
Waste and water

Metito reaches close on Kigali Water PPP

Metito subsidiary Kigali Water Limited has reached financial close on the $60.8 million Kigali Bulk Surface Water Supply PPP project in Rwanda - a 27-year BOT concession...

28 November 2017
in
Power, Renewables, Social infrastructure, Transport

PiP acquires portfolio of ten PPPs from Aberdeen UK Infra

Investment manager Pensions Infrastructure Platform (PiP) has agreed with Aberdeen UK Infrastructure Partners LP to acquire a portfolio that includes ten hospital,...

28 November 2017
in
Renewables

Natural Power appoints new head of offshore renewables

Renewable energy consultancy firm Natural Power has appointed its former principal environmental consultant Nancy McLean to the role of head of offshore renewables.

28 November 2017
in
Transport

The Philippines moves forward with four regional airport projects

The Department of Transportation of the Philippines is updating the feasibility studies for four regional airport projects left unfinished by the previous administration....

28 November 2017

IFC, KfW, OeEB renew $310m in commitments to Microfinance Enhancement Facility

The International Finance Corporation, German development bank KfW and Austria's OeEB have renewed $310 million in commitments to the Microfinance Enhancement...

28 November 2017
in
Renewables

MBSB in first solar financing for 50MW Renbau power project

The Malaysia Building Society Bhd (MBSB) is taking part in its first solar financing for a 50MW facillity in Rembau, Negeri Sembilan. It has signed an agreement with...

28 November 2017

European banks given deadline to meet new payment standards

European banks and service providers have been given an 18-month deadline to adopt new security measures and provisions for customer data exchange as mandated by the...

28 November 2017
in
Renewables

Boralex and Aeolis close financing of 15MW Moose Lake wind farm

Developers Boralex and Aeolis Wind Power Corporation have reached financial close on the 15MW Moose Lake wind farm located northwest of Tumbler Ridge in British Columbia....

28 November 2017
in
Power

Ofgem awards Dudgeon wind farm transmission tender

A consortium comprising of Transmission Capital Partners Limited Partnership and International Public Partnerships Limited has won the tender for the transmission link to...

28 November 2017
in
Power, Renewables

EDF to advise on DEWA's 250MW Hatta Dam project

The Dubai Electricity and Water Authority (DEWA) has signed up EDF to act as consultant for its stored hydro power project at Hatta Dam. The project aims to pump water...

28 November 2017
in
Transport

VOCPT hires SBI Caps to raise $310m dollar-loan for Indian port project

The government's V O Chidambaranar Port Trust (VOCPT) is looking to raise a Rs2,000 crore dollar-denominated loan for a Rs3,462 crore project to deepen the port,...

28 November 2017
in
Power, Social infrastructure, Telecoms and Communications, Transport, Waste and water

Pakistan approves $2bn of development projects

The Executive Committee of the National Economic Council, chaired by the Pakistan Prime Minister, has approved Rs43.99 billion for transmission line and substation...