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16 August 2018

Gazelle Finance launches investment operations in Armenia

Gazelle Finance, a US investment fund manager, has launched investment operations in Armenia targeting investments in high growth small and medium-sized enterprises....

16 August 2018
in
Oil & gas

KfW IPEX to advise Pieridae on Goldboro LNG loan

Pieridae Energy has appointed Germany's KfW IPEX-Bank as an adviser in assisting it to finalise a multibillion US dollar untied loan guarantee from the German federal...

16 August 2018
in
Renewables

New Jersey BPU releases funding rules for offshore wind development

New Jersey's Board of Public Utilities has published the framework for financing offshore wind projects. Electric distribution companies (EDCs) will be...

16 August 2018

EBRD agrees $44m loan to Egyptian agri company Beyti

The European Bank for Reconstruction and Development is providing Egyptian dairy and juice producer the International Company for Agricultural Industries Projects (Beyti)...

16 August 2018

IFC: $10m boost for sustainable fishing and new jobs in Solomon Islands

The International Finance Corporation and the private sector window of the Global Agriculture and Food Security Program have boosted support for the fishing...

15 August 2018
in
Renewables

Lekela appoints new head of project finance

African renewables project developer Lekela has appointed Bernard Kiernan as head of project finance. Prior to joining Lekela, Kiernan was investment director...

15 August 2018

EBRD has stress-tested for 40% Turkish lira crash

The European Bank for Reconstruction and Development has passed internal stress tests for a 40% drop by the Turkish lira - but the currency has weakened more than that...

15 August 2018
in
Transport

FNM raises new €200m medium term debt

Italian regional rail operator FNM has raised a €200 million ($226 million) loan to finance rolling stock capex and refinance current short-term credit lines with...

15 August 2018
in
Power, Renewables

Alberta's first pumped hydro project approved for Canyon Creek

The Alberta Utilities Commission has approved a project to establish the province's first pumped hydro energy storage system capable of supplying 75MW of capacity for...

15 August 2018
in
Renewables

Quercus steps back from Iranian solar project due to US sanctions

British renewable energy investor Quercus is calling a halt to its €500 million solar development in Iran following the imposition of sanctions by the US.  The...

15 August 2018
in
Transport

NHAI invites bids for its second bundle of toll roads

National Highways Authority of India (NHAI) is inviting bids for a second bundle of toll-operate-transfer (TOT) road concessions. The bundle comprises of eight roads...

15 August 2018
in
Renewables

More details on Eikeland-Steinsland wind financing

More details are coming to light on the recently announced closing of a project bond by MEAG to finance Luxcara’s €200 million ($226.5 million) 155.4MW...

15 August 2018
in
Transport

Thailand's PPP Commission approves two more transport hubs

Thailand's Public Private Partnership (PPP) Commission has approved two Department of Land Transport projects for the development of a THB1.361 billion ($40...

15 August 2018
in
Transport

Stadler Rail named preferred bidder for Wales & Borders trainsets

Swiss company Stadler Rail has been confirmed as preferred bidder to supply trainsets for use on the next Wales & Borders rail franchise from 2022. Complications...

15 August 2018
in
Power, Renewables, Transport

Lazard appoints Skelly as senior advisor

Financial advisory and asset management firm Lazard has appointed Michael Skelly as a senior advisor with a focus on energy, sustainability and infrastructure. Skelly,...

15 August 2018
in
Power, Renewables

InfraCo Africa signs PPA for 60MW Djermaya solar project in Chad

The InfraCo Africa-controlled Djermaya Solar project has signed a 25-year PPA with Chad's Ministry of Energy and national utility La Societe Nationale...

15 August 2018

KfW finances renewables in India with €200m loan

Germany's KfW has signed a €200 million loan agreement with Rural Electrification Corporate (REC), a promotional institution for developing the power supply in...

15 August 2018
in
Renewables

India temporarily suspends 25% safeguard duty on solar imports

The Indian government has temporarily suspended the 25% safeguard duty on solar cells and module imports from China and Malaysia. A notification to the Chief...

15 August 2018
in
Renewables

MEAG and Luxcara structure bond for Eikeland-Steinsland wind farm

Luxcara and MEAG (asset manager of Munich re and ERGO) have structured a project bond to finance the 155.4MW Eikeland-Steinsland wind farm in Norway....

15 August 2018
in
Renewables

Mainstream nears close on Chilean renewables portfolio

Mainstream Renewable Power is expected to sign a 20-year $600 million loan in October this year to finance the construction of four renewable power projects in...