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27 November 2017

NEXI insures Chile PV project in US dollar-denominated insurance

Nippon Export and Investment Insurance has provided loan insurance for the first time as a US dollar-denominated insurance to support loans for the Huatacondo...

27 November 2017
in
Metals and Mining, Power

Imaloto Power signs Madagascan PPA for 10MW mine-mouth project

Bushveld Minerals' subsidiary Lemur Holdings has signed a 30-year PPA with the state-owned utility Jiro sy Rano Malagasy (JIRAMA) for its mine-mouth Imaloto Power...

27 November 2017
in
Renewables

RenovAr 2 bids opened

Argentina's Ministry of Energy and Mining announced the opening of economic bids for the 1.2GW RenovAr 2 renewables tender last week. The lowest bid received in the...

27 November 2017
in
Metals and Mining

Martabe gold refi saves 100bp-plus on margin

Marlin Enterprise has reached syndication close on a refinancing of the $600 million acquisition debt it raised in November 2015 to acquire the Martabe gold mine in...

24 November 2017

KfW helps Iraqi reconstruction with €45m loan

German development bank KfW has signed a first €45 million loan to finance substations, power lines and pylons to restore electricity supply to the greater...

24 November 2017

Kexim agrees to provide $2bn in project financing to Uzbekistan

The Export-Import Bank of Korea (Kexim) has agreed to provide $2 billion in project financing to Uzbekistan. South Korea agreed another $500 million in official Economic...

24 November 2017

Australia's Infrastructure and Project Financing Agency appoints new CEO

Australia's Infrastructure and Project Financing Agency (IPFA) has appointed Leilani Frew as its new CEO. She will move from the New South Wales Treasury...

24 November 2017
in
Renewables

Fri-El Grottole wind debt drawn

Sponsors of the 54MW Fri-El Grottole wind farm in the Basilicata region of Italy have signed a senior term loan to refinance the project. The farm, equipped with 27...

24 November 2017
in
Renewables

Thailand pushes back renewable tenders

Thailand’s government has pushed back the tender launch for the 16MW Chaiyaphum wind farm and the 21MW Lop Buri solar project to the second half of...

24 November 2017
in
Renewables

Germany announces results of third onshore wind auction

German grid operator Bundesnetzagentur has confirmed that the third onshore wind auction has achieved a successful bid price average of 3.8 euro cent per kWh,...

24 November 2017
in
Oil & gas

Ophir advances alternative funding options for Fortuna FLNG project

Ophir together with its partners in the Fortuna FLNG project in Equatorial Guinea have announced that discussions about alternative funding options are at an...

24 November 2017
in
Renewables

Vestas and Fortum sign agreement for Russian wind project

OOO Fortum Energy has signed its first order with Vestas as part of their framework agreement for the supply of turbines to build out the 1GW of capacity awarded in...

24 November 2017
in
Power

Loy Yang B thermal power plant sold to Chinese buyer

Engie has agreed the sale of its 1GW Loy Yang B coal-fired power plant in the Latrobe Valley to Alinta Energy's parent company, the Hong Kong-based Chow Tai Fook...

24 November 2017

NIB lends to transmission lines in Iceland

Nordic Investment Bank has signed a ten-year, €42.51 million loan deal with Iceland's transmission system operator Landsnet Hf. The money will be used to expand...

24 November 2017

AfrDB commits $450m to Development Bank of Nigeria for on-lending to MSMEs.

The African Development Bank (AfDB) has injected $450 million to the Development Bank of Nigeria for on-lending to micro small and medium enterprises (MSMEs).

24 November 2017

BNDES disbursements drop 20%

Brazilian development bank BNDES saw a 20% drop in disbursements from January to October 2017 to $17.20 billion, compared to the same period last year. Total approvals...

23 November 2017

Opportunity of the day: GEB's TGI retains consultant to assist with search for partner to jointly develop $560m LNG regasification project

Transportadora de Gas Internacional (TGI) is seeking joint venture partners to invest in a Colombian liquefied natural gas regasification plant and has hired a...

23 November 2017
in
Renewables

Walney Extension: More acquisition than project bond

The first non-recourse investment-grade bond to be used on a construction-stage offshore wind farm in the UK, the Walney Extension financing introduces a new UK asset...

23 November 2017
in
Power

Quinbrook buys 84MW Eider Reserve Power portfolio

Investment manager Quinbrook Infrastructure Partners has acquired the 84MW Eider Reserve Power portfolio of four fully permitted gas-fired power projects for £4.6...

23 November 2017
in
Transport

Port Authority funds analysis for LaGuardia AirTrain

The Port Authority of New York and New Jersey in its role as overseer of the regional transportation infrastructure will provide $55 million towards...