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14 April 2020

The Proximo Weekly Digest - Infra Investors: Still Taking The Long Road?

With much of the world in lockdown, the majority of project assets face fallout from counterparty risk, and for those nearing refinancing deadlines the impact of that...

07 April 2020
in
Metals and Mining

Zambia to block Glencore plans to close Mopani Copper Mines

Zambia will block Glencore's plan to shut its copper mines in the country and layoff up to 11,000 workers, saying the move is against the law and unjustified despite...

06 April 2020

AFC commits funding to Central Bank of Nigeria for COVID-19 fight

Africa Finance Corporation is to provide over NGN500 million to the Central Bank of Nigeria (CBN) Private Sector Coalition against the coronavirus pandemic, aimed at...

19 March 2020
in
Social infrastructure

Nebraska issues RFI for new prison

The Nebraska Department of Correctional Services (NDCS) has issued a request for information (RFI) for the design, build and financing of a new state prison. Responses to...

12 March 2020
in
Oil & gas

Tullow takes a hit and restructures

Oil and gas independent Tullow Oil has announced an after tax loss of $1.694 billion for 2019. The loss was driven by exploration write-offs and impairments totalling $2...

14 February 2020
in
Transport

Ottawa council seeks independent review of Trillium award

Ottawa city council is asking senior staff to produce documents related to the controversial award to  SNC-Lavalin of the Stage 2 extension of the Trillium Line, and...

04 February 2020
in
Social infrastructure

NIB helps finance €145m central hospital building in Finland

The Nordic Investment Bank and the Vaasa Hospital District have signed a loan agreement of €72.5 million for the construction of a new hospital building in the Vaasa...

24 January 2020
in
Power, Renewables

Tying lenders in knots

The aspirations of the EU Green Deal and the bloc's adoption of CRD IV are contradictions that leave lenders and borrowers confused - and more significantly a potential...

13 December 2019
in
Transport

ADB agrees $200m loan to support Philippine's Build, Build, Build program

The Asian Development Bank has approved a $200 million loan to help the Philippine government prepare and implement major infrastructure projects under its flagship...

29 November 2019
in
Metals and Mining

CDPR buys Cerro de Pasco in Peru from Volcan

Peru's Cerro de Pasco, one of the oldest and largest polymetallic mines in the world, operating for almost 400 years, is changing hands.CSE-listed Cerro de Pasco...

21 October 2019

BNDES fires director Andre Laloni after divestment dispute

BNDES has dismissed director Andre Laloni, who requested a leave of absence last week amid disagreements over asset sales, two people with knowledge of the matter...

17 October 2019
in
Social infrastructure

Bath NHS Trust issues EOI for staff housing partnership

The Royal United Hospitals Bath NHS Trust has published a tender notice in the Official Journal of the European Union for a staff and student housing development...

30 September 2019
in
Transport

ADB agrees $167m loan for Kazakhstan road project

The Asian Development Bank has approved a $167.02 million loan for a project that will rehabilitate and reconstruct 89km of road between Aktobe and Kandyagash, which will...

04 September 2019

OPIC: Edward Burrier is new Chief Operating Officer

OPIC has named Edward Burrier as its new its chief operating officer (COO). Burrier has served as OPIC’s vice president of External Affairs and will replace former...

03 September 2019
in
Waste and water

ADB finances reliable water project in Kiribati

The Asian Development Bank has approved a $13 million grant to help provide people in the Kiribati island of South Tarawa with better access to a safe, reliable, and...

12 August 2019

Ironstone rebrands infra and projects advisory business

Ironstone Capital has spun off its infrastructure and capital projects advisory business into Infrastructure Capital Australia Partners (ICA Partners).  ICA Partners...

29 July 2019
in
Social infrastructure, Transport, Waste and water

What is going on at Canada Infrastructure Bank?

Nick Hann is keeping shtum about his reasons for leaving Canada Infrastructure Bank (CIB). But the departure of such a well-respected infrastructure finance veteran is...

26 July 2019
in
Power, Renewables, Waste and water

JEA to investigate sale of Jacksonville utility

The board of directors of Jacksonville Electric Authority (JEA) have voted to investigate the possibility of privatising the community-owned utility to combat falling...

25 July 2019
in
Oil & gas

FERC to recruit additional staff for new LNG division

Federal Energy Regulatory Commission (FERC) is creating a new  division in its Office of Energy Projects to accommodate the growing number and complexity of...

18 July 2019

DLA Piper adds two new project partners in Sydney

DLA Piper has appointed two new project partners in Sydney – Owen Hayford and Jonathan Stafford.Hayford joins from PwC, having established his career at Clayton...