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30 August 2018

EBRD provides first local currency loans in Belarus

The European Bank for Reconstruction and Development is extending its first-ever local currency loans in Belarus by providing lines of credit to its long-term financial...

30 August 2018
in
Renewables

EBRD and ADB to finance 100MW PV project in Kazakhstan

The European Bank for Reconstruction and Development (EBRD) has agreed a $58.5 million loan for the construction of a 100MW PV project in the Zhambyl region of Southern...

30 August 2018

AI to boost Latin American and Caribbean economies, says IADB

Artificial intelligence can facilitate trade negotiations and add one additional percentage point of growth to Latin American and the Caribbean economies, according to a...

30 August 2018

KDB to launch $45m fund to help SMEs go global

Korea Development Bank is creating a 50 billion won ($45.2 million) fund with other state-invested organisations to help local start-ups and small and medium-sized...

30 August 2018

Mauritius becomes 30th shareholder of Africa50

Mauritius has become the 30th shareholder of pan-African infrastructure platform Africa50. Mauritius is the fourth Southern African Development Community nation to...

30 August 2018
in
Power

Clarke Energy preferred bidder for Rwandan power plants

Symbion Power has named Clarke Energy as the preferred bidder for two power plants in Rwanda, which will generate power from dissolved biogas from deep below Lake Kivu....

29 August 2018
in
Renewables

GE facilitate €90m financing for 100MW Ukrainian wind farm

GE Energy Financial Services has facilitated the raising of €90 million in project financing for the 100MW stage I of DTEK Renewables B.V. Primorskaya wind...

29 August 2018
in
Power

Elia issues €1bn of bonds to refinance stake in Eurogrid

Elia System Operator has launched  €1 billion of bonds to refinance the bridge loan used to acquire a 20% stake in 50Hertz Transmission's holding...

29 August 2018
in
Renewables

DTEK Renewables closes Hermes-backed wind farm

DTEK Renewables closed a €90 million ($105 million) Euler Hermes-backed loan on 24 August to finance the first stage of the 100MW Primorskaya (Primorsk) onshore wind...

29 August 2018
in
Transport

New Victorian government outlines rail projects for region

The re-elected Victorian Government has announced plans to improve the region's rail network. The Suburban Rail Loop project will encircle Melbourne and...

29 August 2018
in
Renewables

India's EESL to get $220m from IBRD for green projects

The International Bank for Reconstruction and Development (IBRD) will provide $220 million in funding for energy-efficiency projects run by India's state-owned Energy...

29 August 2018
in
Waste and water

HICL agrees to sell its stake in Aquasure desalination PPP project

HICL Infrastructure Company Limited (HICL) has agreed to sell its 9.7% holding in the availability based concession AquaSure Desalination PPP Project in Victoria,...

29 August 2018
in
Renewables

RNG Energy forms JV for $120m biogas project

RNG Energy Solutions and Philadelphia Energy Solutions have formed a joint venture company to advance a $120 million biogas project to produce renewable gas from...

29 August 2018
in
Telecoms and Communications

Speedcast to acquire Globecomm Systems for $135m

Remote communications and IT specialist Speedcast International Limited has entered into a definitive agreement to acquire Globecomm Systems Inc from affiliates of...

29 August 2018
in
Renewables

Infigen signs for 31MW Kiata wind farm offtake

Australian renewable power company Infigen Energy has signed a five-year power purchase agreement for the output of Windlab's operational 31MW Kiata wind farm in...

29 August 2018
in
Oil & gas

Ithaca buys out Dyas and Petrofac North Sea GSA licences

Ithaca Energy Limited has entered into agreements to acquire all the Greater Stella Area oil field licences and associated infrastructure interests of Dyas UK Limited and...

29 August 2018
in
Transport

Port Authority of Kansas selects Nossaman for MRT PPP

The Board of Commissioners has approved the selection of Nossaman LLP to advise the Port Authority of Kansas City, Missouri (Port KC) on developing its Missouri River...

29 August 2018
in
Renewables

Equinor plans floating wind to power North Sea oil platforms

Equinor is evaluating a project to supply its North Sea oil and gas platforms with power from a floating offshore wind farm. The Hywind Tampen project will develop a 88MW...

29 August 2018
in
Transport

Bahrain targets metro tender in late 2019

Bahrain's transport ministry is looking at forming a partnership to attract the necessary foreign investment and expertise to carry out its 109km metro project with a...

29 August 2018
in
Renewables

Sinosteel sounds out banks for $203m Malawi hydropower project

China’s Sinosteel Equipment and Engineering Corporation, a subsidiary of Sinosteel Group, is sounding out banks for a $162 million loan to finance construction of a...