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25 October 2018
in
Transport

$2bn Consolidated Rent-a-car contract for LA airport approved

The Board of Los Angeles World Airports (LAWA) has approved the 28-year DBFOM contract with L.A. Gateway Partners (LAGP) for the Consolidated Rent-A-Car (ConRAC)...

25 October 2018
in
Renewables

Greece to auction 423MW of renewable capacity in December

The Greek eneergy regulator RAE has announced that it will be holding three descending-price renewable energy auctions on December 10 for a total of 423MW of...

25 October 2018
in
Oil & gas

Ashurst advises on WestSide A$100m reserve-based lending facility

Ashurst advised Commonwealth Bank of Australia, as lender and mandated lead arranger, on a A$100 million reserve-based lending facility in favour of oil and gas producer...

25 October 2018
in
Transport

Gdansk seeks PPP adviser for port project

The Port of Gdansk has announced a tender for a PPP advisor for its Central Sea Port Project to provide technical, financial and legal advice until financial close. The...

25 October 2018

Asian Development Bank signals end to 'dirty' coal finance

The Asian Development Bank is making a decisive shift to clean energy, according to its energy chief. Coal plants are becoming unviable investments, Yongping Zhai wrote...

25 October 2018

ADB report says regional cooperation can help tackle cross-border challenges

Regional cooperation is increasingly necessary to tackle a rising number of cross-border challenges in Asia and the Pacific, including infrastructure gaps, trade...

25 October 2018

GCF approves three AfDB climate projects worth over $110m

The board of the Green Climate Fund (GCF) has approved funding for three proposals from the African Development Bank (AfDB) totalling over $110 million. It approved...

25 October 2018

EXIM Thailand unveils new export credit facility, MoU with EDC

The Export-Import Bank of Thailand (EXIM Thailand) has entered into a cooperation pact with Export Development Canada (EDC) to boost trade and investment between the two...

24 October 2018
in
Power, Renewables

New ownership at Brockwell secures funding for £800m development portfolio

Pioneer Point Partners, Davidson Kempner European Partners and the Brockwell management team have completed the acquisition of 100% of the share capital of UK developer...

24 October 2018
in
Oil & gas

PNOC looks for partner on Batangas LNG hub project

State-run oil firm Philippine National Oil Co (PNOC) is looking for a joint venture partner for its proposed PNOC Batangas LNG hub project. An invitation to interested...

24 October 2018
in
Power

Baker appointed head of Energy & PF at Societe Generale

Allan Baker has been appointed a new role as head of Energy Advisory & Project Finance at Societe Generale while also retaining his position as global head of power....

24 October 2018
in
Power

Eranove signs 65MW power concession with the Togolese Republic

Eranove has signed a concession agreement with the Togolese Republic for the design, financing, construction, commissioning, operation and maintenance of the 65MW Kekeli...

24 October 2018
in
Transport

JICA ODA loan for Jakarta MRT phase 2

The Japan International Cooperation Agency (JICA) has signed an agreement with Indonesia to provide a 40-year JPY70.021 billion ($630 million) ODA loan to fund the...

24 October 2018
in
Power, Renewables

Maharashtra OKs 200MW of bagasse cogen projects

State power regulator MERC has approved a proposal to procure 200MW of capacity from bagasse-based cogeneration projects by the Maharashtra State Electricity Distribution...

24 October 2018

Sibos 2018: AML struggles amidst new payment methods

The face of payments has changed dramatically in the past few years - but the change has not been driven by new technology, as much as by the mass adoption of these...

24 October 2018
in
Renewables

EBRD loan to I&U Group finances 6MW Ukraine biogas plant

The European Bank for Reconstruction and Development has agreed a senior long-term loan of up to €15 million to I&U Group, an agricultural holding engaged in...

24 October 2018
in
Oil & gas

Saudi Arabia eyes $5bn investment in Russian Arctic LNG 2 project

The Saudi Arabian Minister of Energy has confirmed that the Kingdom is interested in investing a possible $5 billion in the Novatek-led LNG 2 project...

24 October 2018
in
Power

UK's Cory Riverside Energy refi priced

Cory Riverside Energy closed a £550 million ($713.6 million) syndicated facility on 22 October to refinance the outstanding 2017 debt package stapled to the 66MW...

24 October 2018
in
Transport

KfW IPEX-Bank, Commerzbank finance Hapag-Lloyd ship

KfW IPEX-Bank and Commerzbank are financing the third expedition ship for Germany-based Hapag-Lloyd Cruises. Delivery for Hanseatic Spirit is planned in 2021,...

24 October 2018

Rubicon opens Latin American office and makes hires

The Rubicon group has opened its first Latin American office in Bogata, Colombia. Andres O’Byrne, previously Head of Colombia for private equity firm...